First Trust Nasdaq Food & Beverage ETF (FTXG)
First Trust Nasdaq Food & Beverage ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $21.53, down 0.41% on the session, giving a market capitalisation of $16.4M. Its beta of 0.48 implies it has historically moved less than the broad market.
The First Trust Nasdaq Food & Beverage ETF is an investment vehicle that trades on an exchange. Its main objective is to closely match the price and income returns of the Nasdaq US Smart Food & Beverage Index, prior to factoring in the fund's own fees and expenses. To achieve this, the fund endeavors to replicate the composition and proportional allocation of securities within the Nasdaq US Smart Food & Beverage Index, targeting a performance correlation of at least 95% with the index.
First Trust Nasdaq Food & Beverage ETF is most often compared with the following Financial Services names: