First Trust New Constructs Core Earnings Leaders ETF (FTCE)
First Trust New Constructs Core Earnings Leaders ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $27.91, up 0.43% on the session, giving a market capitalisation of $83.7M. Its beta of 1.03 implies it has historically moved more than the broad market.
The First Trust New Constructs Core Earnings Leaders ETF endeavors to deliver investment returns that broadly align with both the capital appreciation and income yield of the Bloomberg New Constructs Core Earnings Leaders Index. Employing a passive index-tracking strategy, the Fund typically allocates a minimum of 80% of its total net assets, including any borrowed funds utilized for investment, to the individual securities comprising this Index. Its primary goal is to replicate the Index's overall performance before accounting for the Fund's own fees and operational expenses.
First Trust New Constructs Core Earnings Leaders ETF is most often compared with the following Financial Services names: