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.
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.
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 has a concentrated portfolio of 41 oil and gas stocks, selected and weighted by momentum and fundamentals. Since inception, the FTXN ETF has outperformed the industry benchmark XOP and strategy-based energy ETFs, but lags the sector benchmark XLE in returns and risk. While not compelling for long-term buy-and-hold, FTXN can be useful for tactical allocation.
Designed to provide broad exposure to the Energy - Broad segment of the equity market, the First Trust NASDAQ Oil & Gas ETF (FTXN) is a passively managed exchange traded fund launched on 09/20/2016.
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.
The First Trust Nasdaq Oil & Gas ETF tracks the Nasdaq US Smart Oil & Gas Index and offers exposure to the oil and gas industry. FTXN holds 42 securities with Exxon Mobil as the top holding, but it is less concentrated than other energy funds. FTXN provides diversified exposure to the energy sector, but it does not consistently outperform other broad-based energy ETFs like the Energy Select Sector SPDR ETF.
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 09/20/2016.
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.