From Nasdaq.: 2024-04-11 06:20:06

The First Trust Growth Strength ETF (FTGS) was launched on 10/25/2022, providing exposure to the Large Cap Growth market segment. Smart beta ETFs like FTGS focus on selecting stocks based on specific criteria rather than market cap. The fund has over $213.33 million in assets and aims to match the Growth Strength Index’s performance.

With an expense ratio of 0.60% and a dividend yield of 0.42%, FTGS offers investors a cost-effective option with moderate returns. The fund’s top sector allocations include Information Technology, Consumer Discretionary, and Healthcare. Nvidia Corporation, Valero Energy Corporation, and Meta Platforms Inc. are among the top holdings, accounting for 23.07% of total assets.

FTGS has shown strong performance, returning 11.31% year to date and 37.26% over the past year. With a beta of 1.12 and a standard deviation of 16.40%, the fund effectively diversifies risk. Investors seeking alternatives can consider Vanguard Growth ETF (VUG) or Invesco QQQ (QQQ) for exposure to the Large Cap Growth segment.



Read more at Nasdaq.: Is First Trust Growth Strength ETF (FTGS) a Strong ETF Right Now?