FTX Files Lawsuit Against FTX Executive Daniel FriedbergFTX filed a lawsuit against Daniel Friedberg, who served in multiple roles as FTX Chief Regulatory Officer, FTX.US Chief Compliance Officer, and Alameda Research General Counsel. In its complaint, FTX alleges that Friedberg was a “broker” for the exchange’s co-founder SBF, who paid hush money to two
Key stats
About First Trust Nasdaq Semiconductor ETF
Home page
Inception date
Sep 20, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FTXL tracks an index of highly liquid semiconductor stocks weighted according to various factors. While many funds perform a basic liquidity screen as part of their index construction and rebalancing, FTXL is noteworthy because it goes beyond the basic screen and uses liquidity selection. The 30 most liquid semiconductor stocks in the US are chosen for inclusion in the index as determined by the average daily traded volume over three months. The securities are then ranked and weighed according to value, volatility, and growth factors. Value is measured using a cash flow to price metric. The trailing one- year volatility provides another factor. Growth is considered using the average of the 3, 6, 9, and 12-month price return. The five highest ranking securities will be capped at 8% and the remaining securities will be capped at 4%. The index is reconstituted annually and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FTXL trades at 91.81 USD today, its price has risen 0.89% in the past 24 hours. Track more dynamics on FTXL price chart.
FTXL net asset value is 91.61 today — it's risen 7.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FTXL assets under management is 264.32 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FTXL price has risen by 9.66% over the last month, and its yearly performance shows a −11.08% decrease. See more dynamics on FTXL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 13.29% increase in three-month performance and has decreased by −10.62% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 13.29% increase in three-month performance and has decreased by −10.62% in a year.
FTXL fund flows account for −1.16 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FTXL invests in stocks. See more details in our Analysis section.
FTXL expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FTXL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FTXL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTXL shows the strong buy signal. See more of FTXL technicals for a more comprehensive analysis.
Today, FTXL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FTXL shows the strong buy signal. See more of FTXL technicals for a more comprehensive analysis.
Yes, FTXL pays dividends to its holders with the dividend yield of 0.46%.
FTXL trades at a premium (0.22%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FTXL shares are issued by AJM Ventures LLC
FTXL follows the Nasdaq US Smart Semiconductor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 20, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.