First Trust Nasdaq Semiconductor ETF

Frequently Asked Questions About FTXL

What does FTXL invest in?

The First Trust Nasdaq Semiconductor ETF operates as an exchange-traded fund with the primary goal of broadly matching the capital appreciation and income stream generated by the Nasdaq US Smart Semiconductor Index. This performance alignment is sought prior to the deduction of the fund's internal fees and expenses. To accomplish this, the ETF endeavors to precisely mirror the individual securities and their respective allocations within the Nasdaq US Smart Semiconductor Index, aiming for a performance correlation of at least 95% with its benchmark.

What is the expense ratio of FTXL?

First Trust Nasdaq Semiconductor ETF (FTXL) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FTXL?

First Trust Nasdaq Semiconductor ETF (FTXL) manages $1.25B 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 FTXL actively managed or an index fund?

FTXL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FTXL launched?

First Trust Nasdaq Semiconductor ETF (FTXL) launched in September 2016 and is managed by First Trust.

How has FTXL performed?

FTXL'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.