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2024 Estimated Capital Gain Distributions
Certain First Trust First Trust Exchange-Traded Funds are expected to pay a long-term capital gain distribution in December. For a list of exchange-traded funds expected to pay a long-term capital gain distribution, please click here. Also, certain First Trust Exchange-Traded Funds are expected to pay short-term capital gain distributions in December. For a list of exchange-traded funds expected to pay a short-term capital gain distribution, please click here. Final determination of the source and tax status of all distributions paid in the current year are to be made after year-end and could differ from the expectations noted above.
Investment Objective/Strategy - The First Trust Nasdaq Oil & Gas ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Oil & Gas™ Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Oil & Gas™ Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Oil & Gas™ Index.
There can be no assurance that the Fund's investment objectives will be achieved.
- The Nasdaq US Smart Oil & Gas™ Index is a modified factor weighted index created and administered by Nasdaq, Inc. ("Nasdaq") designed to provide exposure to US companies within the oil and gas industry.
- Nasdaq ranks eligible oil and gas securities from the Nasdaq US Benchmark™ Index on three factors:
- Trailing 12-month return on assets;
- Trailing 12-month gross income;
- Momentum: the 3-, 6-, 9-, and 12-month average price appreciation.
- The bottom 25% of eligible companies based on the aggregate score from the above factors are eliminated and the remaining stocks make up the portfolio subject to the portfolio having 30-50 stocks.
- The securities are weighted based on their trailing 12-month cash flow subject to a maximum of 8% and minimum of 0.50%.
- The index is reconstituted and rebalanced semi-annually.
Ticker | FTXN |
Fund Type | Energy |
Investment Advisor | First Trust Advisors L.P. |
Investor Servicing Agent | Bank of New York Mellon Corp |
CUSIP | 33738R845 |
ISIN | US33738R8455 |
Intraday NAV | FTXNIV |
Fiscal Year-End | 03/31 |
Exchange | Nasdaq |
Inception | 9/20/2016 |
Inception Price | $19.84 |
Inception NAV | $19.84 |
Rebalance Frequency | Quarterly |
Total Expense Ratio* | 0.60% |
* As of 8/1/2024
Closing NAV1 | $31.76 |
Closing Market Price2 | $31.81 |
Bid/Ask Midpoint | $31.77 |
Bid/Ask Premium | 0.02% |
30-Day Median Bid/Ask Spread3 | 0.06% |
Total Net Assets | $173,076,370 |
Outstanding Shares | 5,450,002 |
Daily Volume | 2,294 |
Average 30-Day Daily Volume | 41,733 |
Closing Market Price 52-Week High/Low | $33.62 / $26.88 |
Closing NAV 52-Week High/Low | $33.60 / $26.86 |
Number of Holdings (excluding cash) | 43 |
Holding |
Percent |
Chevron Corporation |
8.24% |
Exxon Mobil Corporation |
7.53% |
ConocoPhillips |
7.16% |
EOG Resources, Inc. |
6.51% |
Marathon Petroleum Corporation |
5.22% |
Kinder Morgan, Inc. |
4.93% |
The Williams Companies, Inc. |
4.18% |
Cheniere Energy, Inc. |
4.01% |
Schlumberger Limited |
3.69% |
Phillips 66 |
3.59% |
*Â Excluding cash.Â
Holdings are subject to change.
Past performance is not indicative of future results.
Among 73 funds in the Equity Energy category. This fund was rated 3 stars/73 funds (3 years), 4 stars/71 funds (5 years) based on risk adjusted returns.
Maximum Market Cap. | $518,833 |
Median Market Cap. | $9,566 |
Minimum Market Cap. | $1,598 |
Price/Earnings | 10.65 |
Price/Book | 2.06 |
Price/Cash Flow | 6.11 |
Price/Sales | 1.12 |
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2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Days Traded at Premium |
144 |
26 |
45 |
16 |
Days Traded at Discount |
106 |
35 |
18 |
48 |
Oil: Crude Producers
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38.39%
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Pipelines
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20.25%
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Integrated Oil and Gas
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15.81%
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Oil Refining and Marketing
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13.85%
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Oil Equipment and Services
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11.70%
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Tracking Index: Nasdaq US Smart Oil & Gas™ Index
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Standard Deviation |
Alpha |
Beta |
Sharpe Ratio |
Correlation |
FTXN |
28.51% |
10.22 |
0.76 |
0.50 |
0.46 |
Nasdaq US Benchmark Energy™ Index |
26.56% |
12.34 |
0.68 |
0.60 |
0.44 |
Nasdaq US Benchmark™ Index |
17.56% |
--- |
1.00 |
0.31 |
1.00 |
Standard Deviation is a measure of price variability (risk). Alpha is an indication of how much an investment outperforms or underperforms
on a risk-adjusted basis relative to its benchmark.Beta is a measure of price variability relative to the market. Sharpe Ratio is a measure
of excess reward per unit of volatility. Correlation is a measure of the similarity of performance.
Nasdaq US Benchmark Energy™ Index - The Index is a float adjusted market capitalization-weighted index which includes securities in the US Benchmark Index that are classified in the Oil & Gas Industry according to the Industry Classification Benchmark. Nasdaq US Benchmark™ Index - The Index is a float adjusted market capitalization-weighted index designed to track the performance of securities assigned to the United States.
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The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
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