First Trust Expanded Technology ETF

Frequently Asked Questions About XPND

What does XPND invest in?

The First Trust Expanded Technology ETF is structured with the primary goal of achieving substantial growth in capital over an extended timeframe. Ordinarily, this fund directs its investments primarily towards the common shares of companies identified by its advisor as "Expanded Technology Companies." This classification encompasses information technology enterprises, as well as financial and communication services firms whose core business activities or revenue streams are significantly reliant on or derived from technology. Under typical market conditions, a minimum of 80% of the Fund's net assets—including any borrowed capital used for investment—will be allocated to these types of businesses. While the fund operates under active management, its investment advisor leverages a data-driven quantitative model to pinpoint "Expanded Technology Companies" that exhibit strong potential for sustained value appreciation over time.

What is the expense ratio of XPND?

First Trust Expanded Technology ETF (XPND) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XPND?

First Trust Expanded Technology ETF (XPND) manages $38.5M 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 XPND actively managed or an index fund?

XPND is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (XPND's is 0.65%) in exchange for the discretion to over- or under-weight positions.

When was XPND launched?

First Trust Expanded Technology ETF (XPND) launched in June 2021 and is managed by First Trust.

How has XPND performed?

XPND'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.