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NXTG ETF Profile


Family: First Trust
Name: First Trust Indxx NextG ETF
Inception Date: 30-May-2019
Termination Date:
Investment Objective: 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 Funds fees and expenses) of an equity index called the Indxx 5G & NextG Thematic Index. 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. The Indxx 5G & NextG Thematic Index is designed to track the performance of companies that are at the core of the research and development of the new 5G cellular technology and next generation technologies as they emerge. The index seeks to include only companies that have devoted material resources or made material commitments to the use of 5G technology. 5G is the next (fifth) generation of cellular technology, which promises to greatly enhance the speed, coverage and responsiveness of wireless networks.
Prospectus
Top 10 Holdings
NVIDIA Corporation NVDA 2.2685%
Micron Technology Inc. MU 1.8788%
Taiwan Semiconductor Manufacturing Company Ltd. (ADR) TSM 1.6901%
Prysmian SpA PRY 1.6763%
QUALCOMM Incorporated QCOM 1.6688%
Mitsubishi Electric Corporation 6503 1.6597%
Broadcom Inc. AVGO 1.6545%
NEC Corporation 6701 1.5759%
Marvell Technology Inc. MRVL 1.5736%
Arista Networks Inc. ANET 1.4983%
Top 10 Holdings Weight: 17.1%
Number of Holdings: 116
Shares Outstanding: 4,850,002
Total Net Assets: 365,981,200
NAV: 75.61
Net Expense Ratio: 0.70%
Asset Class: Equities (Stocks)
Developed or Emerging: Funds Combining Developed & Emerging Exposure
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Sector: Technology
Industry: Networking/Communications Equipment
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Market Cap: Broad Market / Multi-Cap
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Is Currency Hedged: No
US or Ex-US: Global