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ETFs

First Trust Exchange-Traded Fund VI First Trust Nasdaq Food & Beverage ETF

FTXG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 20 2016
Expense Ratio
0.60%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$62,614,773
AUM
$164,152,048
Associated Index
Nasdaq US Smart Food & Beverage Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

KHC
Kraft Heinz Co
8.31%
MDLZ
Mondelez International Inc. - Ordinary Shares - Class A
7.95%
PEP
PepsiCo Inc
7.93%
ADM
Archer Daniels Midland Co.
7.81%
KO
Coca-Cola Co
7.75%
TAP
Molson Coors Beverage Company - Ordinary Shares - Class B
4.02%
K
Kellogg Co
3.97%
USFD
US Foods Holding Corp
3.96%
KDP
Keurig Dr Pepper Inc
3.96%
STZ
Constellation Brands Inc - Ordinary Shares - Class A
3.95%
Invest with FTXG

What is FTXG?

The First Trust Nasdaq Food & Beverage 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 Nasdaq US Smart Food & Beverage Index. The Nasdaq US Smart Sector Index Family tracks a number of United States (US) economic sectors and selects securities for each sector based upon liquidity and then ranks the securities based on a three factor methodology incorporating volatility, value and growth. The Nasdaq US Smart Sector Index Family is a modified factor weighted index. The value of the Index equals the aggregate value of the Index share weights, also known as the Index Shares, of each of the Index Securities multiplied by each such security s Last Sale Price, and divided by the divisor of the Index. The divisor serves the purpose of scaling such aggregate value to a lower order of magnitude which is more desirable for reporting purposes. The Indexes began on July 8, 2016 at a base value of 1000. Index eligibility is limited to specific security types only. The security types eligible for the Index include common stocks, ordinary shares, depositary receipts (both American and Global), depositary shares, shares of beneficial interest or limited partnership interests and tracking stocks.

ETFs related toFTXG

ETFs correlated to FTXG include RSPS, FXG, IYK

FTXG
First Trust Exchange-Traded Fund III - First Trust Nasdaq Food & Beverage ETF
RSPS
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Staples ETF
FXG
First Trust Exchange-Traded Fund III - First Trust Consumer Staples AlphaDEX Fund
IYK
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Staples ETF
PBJ
Invesco Capital Management LLC - Invesco Food & Beverage ETF
FSTA
Fidelity Covington Trust - Fidelity MSCI Consumer Staples Index ETF
VDC
Vanguard Group, Inc. - Vanguard Consumer Staples ETF
XLP
SSgA Active Trust - Consumer Staples Select Sector SPDR
PSL
Invesco Capital Management LLC - Invesco Dorsey Wright Consumer Staples Momentum ETF
SPLV
Invesco Capital Management LLC - Invesco S&P 500 Low Volatility ETF
KXI
BlackRock Institutional Trust Company N.A. - iShares Global Consumer Staples ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFTXG

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Category

Community

Risk Rating

Aggressive

#PTS

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Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FTXG using Composer

FAQ

FTXG is a US Equities ETF. The First Trust Nasdaq Food & Beverage 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 Nasdaq US Smart Food & Beverage Index. The Nasdaq US Smart Sector Index Family tracks a number of United States (US) economic sectors and selects securities for each sector based upon liquidity and then ranks the securities based on a three factor methodology incorporating volatility, value and growth. The Nasdaq US Smart Sector Index Family is a modified factor weighted index. The value of the Index equals the aggregate value of the Index share weights, also known as the Index Shares, of each of the Index Securities multiplied by each such security s Last Sale Price, and divided by the divisor of the Index. The divisor serves the purpose of scaling such aggregate value to a lower order of magnitude which is more desirable for reporting purposes. The Indexes began on July 8, 2016 at a base value of 1000. Index eligibility is limited to specific security types only. The security types eligible for the Index include common stocks, ordinary shares, depositary receipts (both American and Global), depositary shares, shares of beneficial interest or limited partnership interests and tracking stocks.

FTXG tracks the Nasdaq US Smart Food & Beverage Index.

No, FTXG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FTXG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FTXG is -0.0218%. This is the percent change in the value of FTXG over the most recent 1-month period. The 3-month return on FTXG is -0.0616%. This is the percent change in the value of FTXG over the most recent 3-month period.

The standard deviation of FTXG for the past year is 0.1369%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FTXG include XLI, XLY, and XLV.

ETFs correlated to FTXG include RSPS, FXG, and IYK.

ETFs that are inversely correlated to FTXG include SDOW, DXD, and DOG.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.