Summary
FTXN Chart
Is First Trust NASDAQ Oil & Gas ETF (FTXN) a Strong ETF Right Now?
Launched on 09/20/2016, the First Trust NASDAQ Oil & Gas ETF (FTXN) is a smart beta exchange traded fund offering broad exposure to the Energy ETFs category of the market.
Should You Invest in the First Trust NASDAQ Oil & Gas ETF (FTXN)?
Looking for broad exposure to the Energy - Broad segment of the equity market? You should consider the First Trust NASDAQ Oil & Gas ETF (FTXN), a passively managed exchange traded fund launched on September 20, 2016.
FTXN: Solid Long-Term Choice, But Risky To Buy For Now
First Trust Nasdaq Oil & Gas ETF (FTXN) offers U.S. oil & gas exposure via a factor-weighted, cash flow-focused methodology. FTXN's top 10 holdings—led by XOM, CVX, and COP—comprise nearly 55% of assets. Due to its methodology and quality bias, the ETF has outperformed XOP over the long run, balancing quality/cash flow leadership with moderate concentration risk.
First Trust Nasdaq Oil & Gas ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| YA Yinka Akinsola Blue Trust Inc. | 48 | $1,550.4 | $1,718.88 | $168.48 | 10.87% |
| SE Sima Elimelech Activest Wealth Management | 5,524 | $178,425.2 | $197,814.44 | $19,389.24 | 10.87% |
| RK Russell Kartub Insight Inv LLC | 201 | $5,778.75 | $7,197.81 | $1,419.06 | 24.56% |
| MH Michael Hackman HFG Advisors Inc. | 9,271 | $217,139.25 | $331,994.51 | $114,855.26 | 52.89% |
| BB Brenda Bickle Adamsbrown Wealth Consultants LLC | 16,180 | $531,048.31 | $579,405.8 | $48,357.49 | 9.11% |
First Trust Nasdaq Oil & Gas ETF (FTXN) FAQ
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Does it pay dividends? What is the current yield?
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Has First Trust Nasdaq Oil & Gas ETF ever had a stock split?
First Trust Nasdaq Oil & Gas ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund is a financial instrument designed to offer investors access to the U.S. oil and gas sector, focusing on providing exposure to companies within this industry based on their liquidity and ranking. It operates with a commitment to invest at least 90% of its net assets including any investment borrowings, in securities that are part of the specified index. The aim is to replicate the performance of the index, which is carefully constructed to reflect the sector's dynamics. Unlike diversified funds, this fund is non-diversified, concentrating its investments in the oil and gas sector, thereby offering a focused investment strategy.
Products and Services
- Energy Sector Exposure
- Index-Based Investment Strategy
- Non-Diversified Portfolio
The fund provides investors with targeted exposure to the U.S. oil and gas industry, highlighting companies that are selected based on liquidity and ranking within the sector. This specificity offers investors an opportunity to directly benefit from the dynamics and performance of the energy market.
Investing primarily in securities that comprise the designated index, the fund aims to replicate the index's performance. This strategy allows investors to gain exposure to the sector's performance with the reassurance that the investment reflects broader market trends within the oil and gas industry.
As a non-diversified fund, the focus is placed significantly on the oil and gas sector, potentially resulting in higher volatility but offering the chance for targeted growth within this industry. This approach suits investors looking for a direct investment path into the energy sector, leveraging the potential for sector-specific performance gains.
