First Trust Indxx NextG ETF

Frequently Asked Questions About NXTG

What does NXTG invest in?

The First Trust Indxx NextG ETF, which was previously known as the First Trust Nasdaq Smartphone Index Fund, is designed to closely replicate the investment outcomes—specifically the price appreciation and income generation (before any fund-specific fees and operational costs are applied)—of an equity benchmark called the Indxx 5G & NextG Thematic Index SM. To accomplish this objective, the fund typically allocates at least 90% of its net assets (including any capital obtained through borrowing) to invest in the common equities and depositary receipts that constitute the underlying index.

What is the expense ratio of NXTG?

First Trust Indxx NextG ETF (NXTG) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NXTG?

First Trust Indxx NextG ETF (NXTG) manages $542.4M 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 NXTG actively managed or an index fund?

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

When was NXTG launched?

First Trust Indxx NextG ETF (NXTG) launched in February 2011 and is managed by First Trust.

How has NXTG performed?

NXTG'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.