Key stats
About First Trust DJ Select MicroCap ETF
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Inception date
Sep 27, 2005
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FDM calls itself a micro-cap fund, and for the most part it is, but the fund leans hard toward the small-cap space. FDM's underlying index is market-cap weighted and screens for financial strength, looking at metrics like trailing P/E and P/B. Sector biases result, investors should verify sector weightings. The index and fund are reconstituted annually and rebalanced quarterly. FDM captures a segment that is difficult to reach and uses a full replication index strategy. Comparatively, these aspects tend to increase management expenses.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.91%
Finance27.55%
Producer Manufacturing8.80%
Commercial Services7.88%
Technology Services6.49%
Consumer Durables6.44%
Consumer Services5.21%
Consumer Non-Durables4.55%
Process Industries4.32%
Energy Minerals4.08%
Retail Trade3.85%
Electronic Technology3.85%
Utilities3.63%
Distribution Services3.01%
Non-Energy Minerals2.96%
Health Technology2.10%
Industrial Services1.50%
Miscellaneous1.42%
Health Services1.18%
Transportation1.09%
Bonds, Cash & Other0.09%
Cash0.09%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history