First Trust Nasdaq Transportation ETF (FTXR)
First Trust Nasdaq Transportation ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $44.81, down 0.26% on the session, giving a market capitalisation of $1.05B. Its beta of 1.30 implies it has historically moved more than the broad market.
The First Trust Nasdaq Transportation ETF is a publicly traded investment vehicle designed to closely track the financial performance of the Nasdaq US Smart Transportation Index. Its main goal is to replicate the price movements and income generated by this specific benchmark, before any fund-specific expenses or charges are applied. To achieve this, the Fund mimics the exact portfolio structure and allocations of the Nasdaq US Smart Transportation Index, aiming to ensure its own performance results are 95% correlated with that of the underlying index.
First Trust Nasdaq Transportation ETF is most often compared with the following Financial Services names: