From NASDAQ: 2024-05-14 06:20:06

The First Trust Indxx NextG ETF (NXTG) is a passively managed ETF that provides exposure to the Technology – Telecom sector. It tracks the INDXX 5G & NEXTG THEMATIC INDEX and has assets over $373 million. With a 2.12% dividend yield, top holdings include Nvidia, AMD, and TSM. Year-to-date, NXTG has gained 1.45% and is up 18.79% over the last 12 months.

Investors seeking exposure to Technology ETFs might consider the First Trust Indxx NextG ETF, which offers diversified exposure to the sector. With a Zacks ETF Rank of 3 (Hold), it is a reasonable option for long-term investment. Top holdings, including Nvidia, AMD, and TSM, account for about 16.22% of total assets under management. The ETF has a beta of 0.88 and a standard deviation of 17.17%.

Costing 0.70% annually, the First Trust Indxx NextG ETF is on par with its peers. It has traded between $64.60 and $80.75 in the past 52 weeks, with about 111 holdings to diversify company-specific risk. Responding to the growing popularity of passively managed ETFs, NXTG offers low cost, transparency, flexibility, and tax efficiency to both institutional and retail investors.

Investors looking for broad exposure to the Technology – Telecom segment may find the First Trust Indxx NextG ETF (NXTG) an attractive option. With a solid track record and top holdings in key companies like Nvidia, AMD, and TSM, this ETF offers a cost-effective way to invest in this sector.



Read more at NASDAQ: Should You Invest in the First Trust Indxx NextG ETF (NXTG)?