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First Trust NYSE Arca Biotechnology Index Fund (FBT)
Investment Objective/Strategy - The First Trust NYSE Arca Biotechnology Index Fund is an exchange-traded index fund. The investment objective of the Fund is to replicate as closely as possible, before fees and expenses, the price and yield of the NYSE Arca Biotechnology IndexSM.
There can be no assurance that the Fund's investment objectives will be achieved.
  • The NYSE Arca Biotechnology IndexSM is an equal dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services.
  • Such processes include, but are not limited to, recombinant DNA technology, molecular biology, genetic engineering, monoclonal antibody-based technology, lipid/liposome technology, and genomics.
  • The index is rebalanced quarterly based upon closing prices on the third Friday in January, April, July & October to ensure that each component stock continues to represent an approximately equal weight in the index.
Fund Overview
Fund TypeBiotechnology
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon
Fiscal Year-End12/31
ExchangeNYSE Arca
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencyQuarterly
Gross Expense Ratio*0.55%
Net Expense Ratio*0.55%
* As of 5/3/2021
Expenses are capped contractually at 0.60% per year, at least until April 30, 2022.
Current Fund Data (as of 7/23/2021)
Closing NAV1$168.22
Closing Market Price2$168.18
Bid/Ask Midpoint$168.13
Bid/Ask Discount0.05%
30-Day Median Bid/Ask Spread30.07%
Total Net Assets$1,909,319,084
Outstanding Shares11,350,002
Daily Volume21,994
Average 30-Day Daily Volume37,854
Closing Market Price 52-Week High/Low$184.84 / $150.39
Closing NAV 52-Week High/Low$184.97 / $150.28
Number of Holdings (excluding cash)30
NAV History (Since Inception)
Past performance is not indicative of future results.
Fund Characteristics (as of 6/30/2021)4
Maximum Market Cap.$140,048
Median Market Cap.$16,793
Minimum Market Cap.$2,157
Top Holdings (as of 7/23/2021)*
Holding Percent
BioNTech SE (ADR) 3.99%
Moderna, Inc. 3.99%
QIAGEN N.V. 3.60%
Illumina, Inc. 3.49%
Ionis Pharmaceuticals, Inc. 3.41%
Neurocrine Biosciences, Inc. 3.40%
Bio-Techne Corporation 3.39%
Exact Sciences Corporation 3.39%
Alkermes Plc 3.38%
Charles River Laboratories International, Inc. 3.38%

* Excluding cash.  Holdings are subject to change.

Bid/Ask Premium/Discount (as of 7/23/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 96 32 32 10
Days Traded at Discount 157 29 31 6
Hypothetical Growth of $10,000 Since Inception (as of 7/23/2021) *