First Trust Indxx NextG ETF (NXTG)
  • 2022 Estimated Capital Gain Distributions
    Certain 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 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.

  • On October 24th, 2022, the Board of Trustees of First Trust's ETFs approved a management fee breakpoint policy that will make all ETFs in the complex eligible for a reduction in the management fee charged on assets that exceed certain AUM thresholds. The goal of this policy is to offer reductions in management fees paid by shareholders of larger First Trust ETFs through a process that is transparent and understandable for all investors.
    Effective November 1st, 2022, the management fee paid by any First Trust ETF with assets exceeding $2.5 Billion will decrease, with larger and increased reductions for assets above $5 Billion, $7.5 Billion, $10 Billion and $15 Billion.

    Full details of the policy and additional breakpoint levels can be seen in each fund’s Statement of Additional Information.
Investment Objective/Strategy - The First Trust Indxx NextG ETF, formerly First Trust Nasdaq Smartphone Index 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 Indxx 5G & NextG Thematic Index SM. The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts 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 index is designed to track the performance of companies that have devoted, or have committed to devote, material resources to the research, development and application of fifth generation ("5G") and next generation digital cellular technologies as they emerge.
  • Eligible securities must have a minimum market capitalization of $500 million, six-month average daily trading volume of at least $2 million ($1 million for emerging market companies), traded for at least 90% of the total trading days in the last six months or for a security recently issued in an initial public offering over the prior three months, a minimum free float of 10% of shares outstanding and a share price of less than $10,000 for new index constituents.
  • All eligible securities are analyzed by Indxx and classified into one of two sub-themes based on their exposure to 5G and/or next generation technology, either 5G Infrastructure & Hardware or Telecommunications Service Providers:
    • 5G Infrastructure & Hardware consists of Data Center REITs, Cell Tower REITs, Equipment Manufacturers, Network Testing and Validation Equipment and Software Companies and Mobile Phone Manufacturers.
    • Telecommunications Service Providers consist of companies that operate the mobile cellular and wireless communication networks that offer access to 5G networks.
  • Eligible securities are ranked by market capitalization and up to 100 securities with the largest market capitalizations are selected. 80% of the index weight is allocated to 5G Infrastructure & Hardware and 20% of the index weight is allocated to Telecommunications Service Providers. The companies are then equally weighted within each sub-theme.
  • The index is reconstituted and rebalanced semi-annually.
Fund Overview
TickerNXTG
Fund TypeTechnology
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33737K205
ISINUS33737K2050
Intraday NAVNXTGIV
Fiscal Year-End09/30
ExchangeNasdaq
Inception2/17/2011
Inception Price$30.11
Inception NAV$30.11
Rebalance FrequencySemi-Annual
Expense Ratio*0.70%
* As of 2/1/2022
The Investment Advisor has implemented fee breakpoints, which reduce the fund's investment management fee at certain assets levels. Please see the fund's SAI for full details.
Current Fund Data (as of 12/2/2022)
Closing NAV1$64.31
Closing Market Price2$63.85
Bid/Ask Midpoint$64.16
Bid/Ask Discount0.24%
30-Day Median Bid/Ask Spread30.27%
Total Net Assets$511,229,466
Outstanding Shares7,950,002
Daily Volume30,894
Average 30-Day Daily Volume25,368
Closing Market Price 52-Week High/Low$83.06 / $54.30
Closing NAV 52-Week High/Low$82.77 / $54.42
Number of Holdings (excluding cash)102
Top Holdings (as of 12/1/2022)*
Holding Percent
Arista Networks, Inc. 1.89%
Keysight Technologies, Inc. 1.67%
Delta Electronics Inc. 1.66%
Microchip Technology Incorporated 1.56%
Infineon Technologies AG 1.54%
Hewlett Packard Enterprise Company 1.52%
Cisco Systems, Inc. 1.50%
Juniper Networks, Inc. 1.48%
Infosys Limited (ADR) 1.44%
International Business Machines Corporation 1.43%

* 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 12/3/2022)4$0.4412
30-Day SEC Yield (as of 10/31/2022)52.21%
12-Month Distribution Rate (as of 10/31/2022)63.50%
Index Yield (as of 10/31/2022)73.26%
Fund Characteristics (as of 11/30/2022)9
Maximum Market Cap.$2,354,879
Median Market Cap.$26,409
Minimum Market Cap.$1,423
Price/Earnings15.75
Price/Book2.11
Price/Cash Flow7.71
Price/Sales1.44
Top Country Exposure (as of 12/1/2022)
Country Percent
United States 36.69%
Japan 10.55%
Taiwan 9.59%
India 7.27%
China 5.41%
South Korea 4.66%
Germany 2.66%
Finland 2.65%
Sweden 1.92%
Switzerland 1.92%
Bid/Ask Premium/Discount (as of 12/2/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 201 25 10 9
Days Traded at Discount 51 37 52 55
Top Industry Exposure (as of 12/1/2022)
Semiconductors 23.51%
Integrated Telecommunication Services 17.54%
Communications Equipment 12.06%
Wireless Telecommunication Services 10.18%
Technology Hardware, Storage & Peripherals 7.60%
Specialized REITs 5.93%
Electronic Components 2.89%
Consumer Electronics 2.42%
Electronic Equipment & Instruments 1.68%
Hypothetical Growth of $10,000 Since Inception (as of 12/1/2022) *