First Trust New Constructs Core Earnings Leaders ETF

Frequently Asked Questions About FTCE

What does FTCE invest in?

The First Trust New Constructs Core Earnings Leaders ETF endeavors to deliver investment returns that broadly align with both the capital appreciation and income yield of the Bloomberg New Constructs Core Earnings Leaders Index. Employing a passive index-tracking strategy, the Fund typically allocates a minimum of 80% of its total net assets, including any borrowed funds utilized for investment, to the individual securities comprising this Index. Its primary goal is to replicate the Index's overall performance before accounting for the Fund's own fees and operational expenses.

What is the expense ratio of FTCE?

First Trust New Constructs Core Earnings Leaders ETF (FTCE) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FTCE?

First Trust New Constructs Core Earnings Leaders ETF (FTCE) manages $82.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FTCE actively managed or an index fund?

FTCE is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FTCE's is 0.60%) because there's no security selection cost.

When was FTCE launched?

First Trust New Constructs Core Earnings Leaders ETF (FTCE) launched in October 2024 and is managed by First Trust.

How has FTCE performed?

FTCE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.