Home   Logon   Mobile Site   Research and Commentary   About Us   Call 1.800.621.1675 or Email Us       Follow Us: 

Search by Ticker, Keyword or CUSIP       
First Trust Indxx Global Natural Resources Income ETF (FTRI)
Investment Objective/Strategy - The First Trust Indxx Global Natural Resources Income ETF is an exchange-trade 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 equity index called the Indxx Global Natural Resources Income Index.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The Indxx Global Natural Resources Income Index is a free float adjusted market capitalization weighted index designed to measure the market performance of the highest dividend yielding companies involved in the upstream segment of the natural resources sector.
  • Each security in the index must meet certain eligibility criteria based on liquidity, size and dividend history.
  • Companies may generally be domiciled in any country, including emerging markets, subject to certain exclusions determined by the Index Provider based on certain criteria.
  • Securities are classified into the following broad five categories:
    • Energy, Materials, Agriculture, Water and Timber.
  • Top 50 companies by dividend yield form the interim portfolio.
  • The number of securities in each of the above-defined categories is capped at 30%.
  • The Index is reconstituted annually in June and is rebalanced quarterly in June, September, December and March.
Fund Overview
Fund TypeNatural Resources
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon
Fiscal Year-End09/30
Inception Price$30.00
Inception NAV$30.00
Rebalance FrequencyQuarterly
Expense Ratio0.70%
Current Fund Data (as of 6/22/2021)
Closing NAV1$14.54
Closing Market Price2$14.58
Bid/Ask Midpoint$14.58
Bid/Ask Premium0.28%
30-Day Median Bid/Ask Spread30.26%
Total Net Assets$35,613,213
Outstanding Shares2,450,002
Daily Volume18,796
Average 30-Day Daily Volume39,958
Closing Market Price 52-Week High/Low$15.45 / $9.19
Closing NAV 52-Week High/Low$15.33 / $9.12
Number of Holdings (excluding cash)50
Top Holdings (as of 6/22/2021)*
Holding Percent
Vale S.A. (ADR) 10.41%
BHP Group Plc (ADR) 9.86%
Rio Tinto Plc (ADR) 9.80%
Petroleo Brasileiro S.A. - Petrobras (ADR) 8.57%
Fortescue Metals Group Limited 4.50%
International Paper Company 4.49%
Tyson Foods, Inc. (Class A) 4.46%
Nutrien Ltd. 4.39%
Archer-Daniels-Midland Company 4.21%
Veolia Environnement S.A. 3.82%

* 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 6/23/2021)4$0.1416
30-Day SEC Yield (as of 5/28/2021)52.51%
12-Month Distribution Rate (as of 5/28/2021)63.31%
Index Yield (as of 5/28/2021)74.07%
For funds with certain equity strategies, due to the negative economic impact across many industries caused by the COVID-19 outbreak, certain of the issuers of the securities included in the fund may elect to reduce the amount of dividends and/or distributions paid in the future. As a result, the "12-Month Distribution Rate," which is based on the fund's trailing 12-month ordinary distributions, will likely be higher, and in some cases significantly higher, than the actual 12-month distribution rate achieved by the fund.
Fund Characteristics (as of 5/28/2021)9
Maximum Market Cap.$172,886
Median Market Cap.$9,159
Minimum Market Cap.$1,029
Price/Cash Flow9.76
Top Country Exposure (as of 6/22/2021)
Country Percent
Brazil 19.29%
United States 17.65%
Australia 17.55%
United Kingdom 16.74%
Canada 4.39%
South Africa 4.35%
France 4.20%
Ireland 3.13%
China 2.38%
Sweden 2.29%
Bid/Ask Premium/Discount (as of 6/22/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 252 61 54 ---
Days Traded at Discount 1 0 3 ---
Top Sector Exposure (as of 6/22/2021)
Materials 66.24%
Energy 14.61%
Consumer Staples 9.67%
Utilities 9.48%
Hypothetical Growth of $10,000 Since Inception (as of 6/22/2021) *

Month End Performance (as of 5/28/2021)
  3 Month YTD 1 Year 3 Year 5 Year 10 Year Since
Fund Performance *
Net Asset Value (NAV) 12.36% 26.59% 63.77% 10.21% 11.88% -6.87% -3.09%
After Tax Held 11.87% 26.05% 60.79% 7.95% 9.81% -8.19% -4.34%
After Tax Sold 7.29% 15.71% 37.25% 6.71% 8.29% -5.25% -2.73%
Market Price 12.29% 26.54% 62.76% 10.33% 12.12% -6.86% -3.05%
Index Performance **
Indxx Global Natural Resources Income Index 12.51% 26.97% 65.74% 11.38% 13.00% N/A N/A
MSCI ACWI Materials Index 13.86% 17.06% 61.10% 13.19% 16.07% 4.15% 5.71%
MSCI ACWI Index 8.78% 10.79% 41.78% 13.84% 14.16% 9.58% 10.12%
Quarter End Performance (as of 3/31/2021)
  3 Month YTD 1 Year 3 Year 5 Year 10 Year Since
Fund Performance *
Net Asset Value (NAV) 13.79% 13.79% 65.89% 7.35% 10.28% -8.01% -4.06%
After Tax Held 13.30% 13.30% 62.87% 5.15% 8.24% -9.31% -5.32%
After Tax Sold 8.16% 8.16% 38.65% 4.56% 7.05% -5.89% -3.35%
Market Price 13.80% 13.80% 64.93% 7.66% 10.52% -8.02% -4.02%
Index Performance **
Indxx Global Natural Resources Income Index 13.99% 13.99% 67.20% 8.60% 11.44% N/A N/A
MSCI ACWI Materials Index 6.37% 6.37% 76.62% 10.48% 14.45% 3.15% 4.88%
MSCI ACWI Index 4.57% 4.57% 54.60% 12.10% 13.21% 9.14% 9.70%
3-Year Statistics (as of 5/28/2021)
  Standard Deviation Alpha Beta Sharpe Ratio Correlation
FTRI 24.30% -4.56 1.20 0.46 0.89
MSCI ACWI Materials Index 21.30% -1.65 1.13 0.62 0.95
MSCI ACWI Index 17.98% --- 1.00 0.73 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.

*Performance data quoted represents past performance. Past performance is not a guarantee of future results and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate and shares when sold or redeemed, may be worth more or less than their original cost.

After Tax Held returns represent return after taxes on distributions. Assumes shares have not been sold. After Tax Sold returns represent the return after taxes on distributions and the sale of fund shares. Returns do not represent the returns you would receive if you traded shares at other times. Market Price returns are determined by using the midpoint of the national best bid offer price ("NBBO") as of the time that the fund's NAV is calculated. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

**Performance information for the Indxx Global Natural Resources Income Index is for illustrative purposes only and does not represent actual fund performance.
Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.

On December 18, 2015, the fund's underlying index changed from the ISE Global Copper Index to the Indxx Global Natural Resources Income Index. Therefore, the fund's performance and historical returns shown for the periods prior to this date are not necessarily indicative of the performance that the fund, based on its current index, would have generated.

MSCI ACWI Materials Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the materials sector performance of developed and emerging markets.

MSCI ACWI Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the equity market performance of developed and emerging markets.

1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
2 Fund shares are purchased and sold on an exchange at their market price rather than net asset value (NAV), which may cause the shares to trade at a price greater than NAV (premium) or less than NAV (discount).
3 The median bid-ask spread is calculated by identifying the national best bid and national best offer ("NBBO") for the fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
4 Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
5 The 30-day SEC yield is calculated by dividing the net investment income per share earned during the most recent 30-day period by the maximum offering price per share on the last day of the period and includes the effects of fee waivers and expense reimbursements, if applicable.
6 12-Month Distribution Rate is calculated by dividing the sum of the fund's trailing 12-month ordinary distributions paid or declared by the NAV price. Distribution rates may vary.
7 Index yield represents the weighted average trailing 12-month dividend of the constituents of the Indxx Global Natural Resources Income Index.
8 Distribution Rate is calculated by dividing the fund's most recent ordinary distribution paid or declared, on an annualized basis, by the NAV price. Distribution rates may vary.
9 All market capitalization numbers are in USD$ Millions.
10 Inception Date is 3/11/2010

You should consider the fund's investment objectives, risks, and charges and expenses carefully before investing. You can download a prospectus or summary prospectus, or contact First Trust Portfolios L.P. at 1-800-621-1675 to request a prospectus or summary prospectus which contains this and other information about the fund. The prospectus or summary prospectus should be read carefully before investing.

ETF Characteristics

The fund lists and principally trades its shares on The Nasdaq Stock Market LLC.

The fund's return may not match the return of the Indxx Global Natural Resources Income Index.  Securities held by the fund will generally not be bought or sold in response to market fluctuations.

Investors buying or selling fund shares on the secondary market may incur customary brokerage commissions. Market prices may differ to some degree from the net asset value of the shares. Investors who sell fund shares may receive less than the share's net asset value. Shares may be sold throughout the day on the exchange through any brokerage account. However, unlike mutual funds, shares may only be redeemed directly from the fund by authorized participants, in very large creation/redemption units. If the fund's authorized participants are unable to proceed with creation/redemption orders and no other authorized participant is able to step forward to create or redeem, fund shares may trade at a discount to the fund's net asset value and possibly face delisting.

Risk Considerations

The fund's shares will change in value and you could lose money by investing in the fund. One of the principal risks of investing in the fund is market risk. Market risk is the risk that a particular security owned by the fund, fund shares or securities in general may fall in value. There can be no assurance that the fund's investment objective will be achieved. The outbreak of the respiratory disease designated as COVID-19 in December 2019 has caused significant volatility and declines in global financial markets, which have caused losses for investors. While the development of vaccines has slowed the spread of the virus and allowed for the resumption of "reasonably" normal business activity in the United States, many countries continue to impose lockdown measures in an attempt to slow the spread. Additionally, there is no guarantee that vaccines will be effective against emerging variants of the disease.

The fund may invest in securities issued by companies concentrated in a particular industry which involves additional risks including limited diversification. The fund may invest in small capitalization and mid capitalization companies. Such companies may experience greater price volatility than larger, more established companies.

An investment in a fund containing securities of non-U.S. issuers is subject to additional risks, including currency fluctuations, political risks, withholding, the lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers. These risks may be heightened for securities of companies located in, or with significant operations in, emerging market countries. The fund may invest in depositary receipts which may be less liquid than the underlying shares in their primary trading market.

The natural resources sector can be significantly affected by events relating to U.S. and foreign political and economic developments and environmental and other government regulations, as well as additional factors including, but not limited to: commodity price volatility, technological developments and natural or man made disasters.

Changes in currency exchange rates and the relative value of non-U.S. currencies will affect the value of the Fund's investment and the value of Fund shares.

Currency exchange rates can be very volatile and can change quickly and unpredictably. As a result, the value of an investment in the Fund may change quickly and without warning and you may lose money.

Large inflows and outflows may impact the fund's market exposure for limited periods of time.

The fund is classified as "non-diversified" and may invest a relatively high percentage of its assets in a limited number of issuers. As a result, the fund may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly concentrated in certain issuers.

First Trust Advisors L.P. is the adviser to the fund. First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.

Indxx and Indxx Global Natural Resources Income Index (“Index”) are trademarks of Indxx, LLC (“Indxx”) and have been licensed for use for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by Indxx and Indxx makes no representation regarding the advisability of trading in such product. The Index is determined, composed and calculated by Indxx without regard to First Trust or the Fund.

Not FDIC Insured • Not Bank Guaranteed • May Lose Value
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.
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2021 All rights reserved.