First Trust Dow 30 Equal Weight ETF (EDOW)
AMEX
Financial Services
Asset Management
$44.59
▼ -1.00%
Market Cap
$237.7M
Sector
Financial Services
Industry
Asset Management
Beta
0.79
52-Wk Range
37.83-45.427
CEO
—
Country
US
Currency
USD
The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational cos…
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