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Investment Objective/Strategy - The First Trust Chindia 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 fees and expenses, of an equity index called the ISE ChIndia™ Index.
There can be no assurance that the Fund's investment objectives will be achieved.
Index Description According to the Index Provider
  • The Index begins by establishing the total population of companies that are domiciled in either India or China and whose shares or ADRs are listed on a U.S. securities exchange.
  • Remove companies that do not meet the component eligibility criteria which include minimum market capitalization and trading volume requirements.
  • Rank the remaining stocks by their liquidity score. (Rank all eligible stocks separately by market cap and three month average daily dollar volume. Sum the ranks for each stock to get a liquidity score.)
  • Select the top 25 stocks from each country by liquidity score. If less than 25 stocks are available for a country, then continue selecting stocks from the other country until a maximum of 50 stocks are selected.
  • Weight according to the following methodology:
    • top three ranked stocks in each country are weighted at 7% each.
    • the next three in each country are weighted at 4% each.
    • the next three in each country are weighted at 2% each and the remaining stocks are equally weighted.
  • The Index is rebalanced on the application of the above model on a semi-annual basis.
Fund Overview
TickerFNI
Fund TypeGlobal Equity
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
CUSIP33733A102
ISINUS33733A1025
Intraday NAVFNIIV
Fiscal Year-End12/31
ExchangeNYSE Arca
Inception5/8/2007
Inception Price$20.00
Inception NAV$20.00
Rebalance FrequencySemi-Annual
Gross Expense Ratio*0.59%
Net Expense Ratio*0.59%
* As of 5/2/2022
Expenses are capped contractually at 0.60% per year, at least through April 30, 2023.
Current Fund Data (as of 10/3/2022)
Closing NAV1$34.98
Closing Market Price2$34.99
Bid/Ask Midpoint$34.98
Bid/Ask Premium0.00%
30-Day Median Bid/Ask Spread (as of 9/30/2022)30.16%
Total Net Assets$106,699,737
Outstanding Shares3,050,002
Daily Volume17,969
Average 30-Day Daily Volume9,481
Closing Market Price 52-Week High/Low$57.01 / $33.25
Closing NAV 52-Week High/Low$57.01 / $33.32
Number of Holdings (excluding cash)47
Top Holdings (as of 9/30/2022)*
Holding Percent
Pinduoduo Inc. (ADR) 9.54%
ICICI Bank Limited (ADR) 8.37%
HDFC Bank Ltd. (ADR) 7.79%
Infosys Limited (ADR) 6.91%
JD.com, Inc. (ADR) 6.88%
Alibaba Group Holding Limited (ADR) 6.40%
Dr. Reddy's Laboratories Limited (ADR) 4.15%
NIO Inc. (ADR) 3.98%
Tata Motors Limited (ADR) 3.74%
Baidu, Inc. (ADR) 3.67%

* Excluding cash.  Holdings are subject to change.

NAV History (Since Inception)
Past performance is not indicative of future results.
Fund Characteristics (as of 9/30/2022)4
Maximum Market Cap.$211,776
Median Market Cap.$5,813
Minimum Market Cap.$333
Price/Book2.43
Price/Cash Flow16.49
Price/Sales1.76
Bid/Ask Premium/Discount (as of 10/3/2022)
  2021 Q1 2022 Q2 2022 Q3 2022
Days Traded at Premium 54 12 34 36
Days Traded at Discount 198 50 28 28
Top Sector Exposure (as of 9/30/2022)
Consumer Discretionary 42.98%
Financials 17.85%
Information Technology 15.87%
Communication Services 10.45%
Health Care 6.03%
Real Estate 2.87%
Utilities 2.17%
Industrials 1.38%
Consumer Staples 0.40%
Hypothetical Growth of $10,000 Since Inception (as of 9/30/2022) *