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First Trust Indxx NextG ETF (NXTG)
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.
  • 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
Fund TypeTechnology
Investment AdvisorFirst Trust Advisors L.P.
Investor Servicing AgentBank of New York Mellon Corp
Fiscal Year-End09/30
Inception Price$30.11
Inception NAV$30.11
Rebalance FrequencySemi-Annual
Expense Ratio0.70%
Current Fund Data (as of 10/26/2021)
Closing NAV1$77.87
Closing Market Price2$77.65
Bid/Ask Midpoint$77.58
Bid/Ask Discount0.38%
30-Day Median Bid/Ask Spread30.22%
Total Net Assets$1,020,060,351
Outstanding Shares13,100,002
Daily Volume24,677
Average 30-Day Daily Volume70,842
Closing Market Price 52-Week High/Low$80.42 / $58.34
Closing NAV 52-Week High/Low$80.20 / $58.44
Number of Holdings (excluding cash)101
Top Holdings (as of 10/26/2021)*
Holding Percent
Advanced Micro Devices, Inc. 1.71%
Tech Mahindra Ltd. 1.63%
NVIDIA Corporation 1.61%
Xilinx, Inc. 1.52%
Marvell Technology Inc. 1.49%
Keysight Technologies, Inc. 1.36%
Apple Inc. 1.35%
Sony Corporation 1.35%
STMicroelectronics NV 1.35%
NEC Corporation 1.34%

* 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 10/27/2021)4$0.2018
30-Day SEC Yield (as of 9/30/2021)51.11%
12-Month Distribution Rate (as of 9/30/2021)60.87%
Index Yield (as of 9/30/2021)72.37%
Fund Characteristics (as of 9/30/2021)9
Maximum Market Cap.$2,339,018
Median Market Cap.$29,935
Minimum Market Cap.$6,073
Price/Cash Flow8.69
Top Country Exposure (as of 10/26/2021)
Country Percent
United States 37.61%
Japan 10.39%
India 7.55%
Taiwan 7.08%
South Korea 4.38%
China 4.27%
Sweden 2.69%
Germany 2.44%
Finland 2.37%
Switzerland 2.01%
Bid/Ask Premium/Discount (as of 10/26/2021)
  2020 Q1 2021 Q2 2021 Q3 2021
Days Traded at Premium 203 58 53 49
Days Traded at Discount 50 3 10 15
Top Industry Exposure (as of 10/26/2021)
Semiconductors 24.66%
Integrated Telecommunication Services 20.03%
Wireless Telecommunication Services 11.54%
Communications Equipment 10.27%
Specialized REITs 8.08%
Technology Hardware, Storage & Peripherals 4.42%
Consumer Electronics 2.27%
Electronic Components 2.02%
Electronic Equipment & Instruments 1.37%
Hypothetical Growth of $10,000 Since Inception (as of 10/25/2021) *