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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.60% -0.23% 30.74M 9667.87
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.38% 77.00% 11.77M Upgrade

Basic Info

Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq US Smart Pharmaceuticals IndexTM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the index. The index is designed to provide exposure to U.S. companies comprising the pharmaceutical sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Health
Category Index S&P 1500 Health Care TR
Global Category Name Healthcare Sector Equity
YCharts Categorization Healthcare Equity
YCharts Benchmark S&P 1500 Health Care (Sector) Total Return (^SP15HCSTR)
Prospectus Objective Specialty - Health
Fund Owner Firm Name First Trust
Prospectus Benchmark Index
Nasdaq US Smart Pharmaceuticals TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Chris Peterson 6.61 yrs
Daniel Lindquist 6.61 yrs
David McGarel 6.61 yrs
Jon Erickson 6.61 yrs
Roger Testin 6.61 yrs
Stan Ueland 6.61 yrs
Erik Russo 2.33 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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--
--
--
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--
Total Return (NAV)
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--
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Category Rtn. (NAV)
--
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% Rank in Cat (NAV)
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As of May 31, 2023. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2016
2017
2018
2019
2020
2021
2022
YTD
--
19.40%
-9.50%
22.13%
11.70%
6.13%
2.55%
-6.02%
7.51%
22.40%
-8.71%
27.67%
15.90%
21.82%
-18.14%
9.74%
1.01%
25.45%
9.58%
22.35%
17.67%
24.46%
-7.10%
-6.74%
-6.03%
20.44%
2.83%
23.22%
12.75%
19.59%
-4.93%
-1.51%
-2.69%
22.28%
5.81%
20.80%
15.56%
23.41%
-4.46%
-4.06%
-17.79%
15.22%
-5.87%
19.40%
5.51%
17.79%
2.62%
-1.79%
As of June 01, 2023.

Asset Allocation

As of May 29, 2023.
Type % Net % Long % Short
Cash 0.08% Upgrade Upgrade
Stock 99.92% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq US Smart Pharmaceuticals IndexTM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the index. The index is designed to provide exposure to U.S. companies comprising the pharmaceutical sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. It is non-diversified.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Health
Category Index S&P 1500 Health Care TR
Global Category Name Healthcare Sector Equity
YCharts Categorization Healthcare Equity
YCharts Benchmark S&P 1500 Health Care (Sector) Total Return (^SP15HCSTR)
Prospectus Objective Specialty - Health
Fund Owner Firm Name First Trust
Prospectus Benchmark Index
Nasdaq US Smart Pharmaceuticals TR USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
Chris Peterson 6.61 yrs
Daniel Lindquist 6.61 yrs
David McGarel 6.61 yrs
Jon Erickson 6.61 yrs
Roger Testin 6.61 yrs
Stan Ueland 6.61 yrs
Erik Russo 2.33 yrs

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