First Trust India NIFTY 50 Equal Weight ETF (NFTY)
Investment Objective/Strategy - The First Trust India NIFTY 50 Equal Weight ETF (the "Fund"), formerly First Trust Taiwan AlphaDEX® Fund, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the NIFTY 50 Equal Weight Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index.
There can be no assurance that the Fund's investment objectives will be achieved.
Index Description According to the Index Provider
  • The NIFTY 50 Equal Weight Index is an equally weighted index that consists of the same companies as the NIFTY 50 Index, an index that tracks the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India.
  • The NIFTY 50 Equal Weight Index gives equal exposure to all 50 constituents. The same weight, or importance, is given to each stock in the index, allowing for the performance of smaller companies to contribute as much as the larger companies within the index.
  • To maintain the equal weight focus, the index is rebalanced quarterly and reconstituted semi-annually.
Fund Overview
TickerNFTY
Fund TypeIndia Equity
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33737J802
ISINUS33737J8027
Intraday NAVNFTYIV
Fiscal Year-End12/31
ExchangeNasdaq
Inception2/14/2012
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyQuarterly
Total Expense Ratio*0.80%
* As of 5/1/2024
Current Fund Data (as of 2/14/2025)
Closing NAV1$53.89
Closing Market Price2$54.22
Bid/Ask Midpoint$54.21
Bid/Ask Premium0.58%
30-Day Median Bid/Ask Spread30.55%
Total Net Assets$239,821,615
Outstanding Shares4,450,002
Daily Volume11,390
Average 30-Day Daily Volume40,992
Closing Market Price 52-Week High/Low$65.45 / $54.04
Closing NAV 52-Week High/Low$65.01 / $53.89
Number of Holdings (excluding cash)50
Top Holdings (as of 2/14/2025)*
Holding Percent
Bajaj Finance Limited 2.54%
Bajaj Finserv Limited 2.44%
Maruti Suzuki India Limited 2.40%
Tata Consumer Products Limited 2.34%
Kotak Mahindra Bank Limited 2.30%
IndusInd Bank Limited 2.27%
Bharti Airtel Ltd. 2.21%
JSW Steel Limited 2.18%
SBI Life Insurance Company Limited 2.15%
Britannia Industries Limited 2.14%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Distribution Information
Dividend per Share Amt (as of 2/17/2025)4$0.5216
30-Day SEC Yield (as of 1/31/2025)50.03%
12-Month Distribution Rate (as of 1/31/2025)61.19%
Index Yield (as of 1/31/2025)71.46%
Fund Characteristics (as of 1/31/2025)8
Maximum Market Cap.$185,700
Median Market Cap.$30,491
Minimum Market Cap.$8,920
Price/Book3.58
Price/Cash Flow16.30
Price/Sales2.06
Bid/Ask Premium/Discount (as of 2/14/2025)
  2024 Q1 2025 Q2 2025 Q3 2025
Days Traded at Premium 233 12 --- ---
Days Traded at Discount 19 18 --- ---
Top Sector Exposure (as of 2/14/2025)
Financials 23.40%
Consumer Discretionary 15.72%
Materials 12.26%
Consumer Staples 10.44%
Information Technology 9.93%
Energy 7.70%
Health Care 7.54%
Industrials 7.22%
Utilities 3.57%
Communication Services 2.22%
Hypothetical Growth of $10,000 Since Inception (as of 2/14/2025) *