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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.
  • Establish 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 ISE ChIndia IndexTM 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
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*0.60%
Net Expense Ratio*0.60%
* 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 5/5/2021)
Closing NAV1$60.06
Closing Market Price2$60.09
Bid/Ask Midpoint$60.03
Bid/Ask Discount0.05%
30-Day Median Bid/Ask Spread30.15%
Total Net Assets$261,253,137
Outstanding Shares4,350,002
Daily Volume170,599
Average 30-Day Daily Volume39,153
Closing Market Price 52-Week High/Low$74.72 / $32.73
Closing NAV 52-Week High/Low$74.63 / $32.76
Number of Holdings (excluding cash)48
Top Holdings (as of 5/5/2021)*
Holding Percent
ICICI Bank Limited (ADR) 8.15%
Infosys Limited (ADR) 7.72%
HDFC Bank Ltd. (ADR) 6.51%
Pinduoduo Inc. (ADR) 6.07%
Tata Motors Limited (ADR) 6.06%
JD.com, Inc. (ADR) 5.69%
Alibaba Group Holding Limited (ADR) 5.54%
Baidu, Inc. (ADR) 5.17%
Wipro Limited (ADR) 5.16%
NetEase, Inc. (ADR) 4.38%

* 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 5/6/2021)4$0.1182
30-Day SEC Yield (as of 3/31/2021)50.36%
Unsubsidized 30-Day SEC Yield (as of 3/31/2021)60.36%
12-Month Distribution Rate (as of 3/31/2021)70.26%
Index Yield (as of 3/31/2021)80.40%
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 4/30/2021)10
Maximum Market Cap.$626,133
Median Market Cap.$15,641
Minimum Market Cap.$493
Price/Earnings26.24
Price/Book3.80
Price/Cash Flow21.23
Price/Sales2.38
Bid/Ask Premium/Discount (as of 5/5/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 95 36 3 ---
Days Traded at Discount 158 25 21 ---
Top Sector Exposure (as of 5/5/2021)
Consumer Discretionary 36.98%
Information Technology 18.58%
Financials 17.32%
Communication Services 15.43%
Health Care 5.55%
Materials 4.05%
Industrials 1.35%
Energy 0.74%
Hypothetical Growth of $10,000 Since Inception (as of 5/5/2021) *