- What are the top holdings of EDOW?
- First Trust Dow 30 Equal Weight ETF holds 31 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does EDOW have?
- EDOW holds 31 positions as reported by the fund's most recent disclosure.
- What sectors does EDOW invest in?
- First Trust Dow 30 Equal Weight ETF (EDOW) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is EDOW most exposed to?
- EDOW's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is EDOW a US-only fund?
- The country allocation card on this page shows EDOW's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does EDOW invest in?
- The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational costs. The investment management team targets a strong alignment, aiming for a correlation of 0.95 or higher between the Fund's performance and the Index, acknowledging that a perfect correlation would be represented by a figure of 1.00.
