First Trust Indxx Innovative Transaction & Process ETF

Frequently Asked Questions About LEGR

What does LEGR invest in?

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) aims to replicate the total returns, before deducting its fees and expenses, of the Indxx Blockchain Index. To achieve this, the Fund typically allocates at least 90% of its net assets, including any borrowed funds, to the common equities and depositary receipts that constitute this underlying index. The Indxx Blockchain Index itself is crafted to monitor the progress of companies significantly involved with distributed ledger technology (blockchain). This includes firms actively utilizing, investing in, or developing blockchain solutions, as well as those with products positioned to benefit from the technology's inherent capacity to enhance efficiency across various business operations. Crucially, the Index exclusively selects companies that have dedicated substantial resources to integrating or advancing blockchain applications. Indxx, Inc., acting as the Index Provider, is responsible for the ownership, development, maintenance, and sponsorship of this Index.

What is the expense ratio of LEGR?

First Trust Indxx Innovative Transaction & Process ETF (LEGR) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LEGR?

First Trust Indxx Innovative Transaction & Process ETF (LEGR) manages $128.9M 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 LEGR actively managed or an index fund?

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

When was LEGR launched?

First Trust Indxx Innovative Transaction & Process ETF (LEGR) launched in January 2018 and is managed by First Trust.

How has LEGR performed?

LEGR'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.