From Nasdaq: 2024-06-10 06:20:02

The First Trust Growth Strength ETF (FTGS) was launched on 10/25/2022 to match the US Large Cap Growth market. With assets over $399.03 million, the fund is sponsored by First Trust Advisors and has an expense ratio of 0.60%

Large Cap Growth companies have market capitalizations over $10 billion and tend to be stable with predictable cash flows. Growth stocks can outperform in strong markets but have higher valuations and volatility. FTGS has top holdings in Information Technology, with Nvidia Corporation accounting for 2.73% of assets.

FTGS seeks to track the Growth Strength Index and has gained 9.85% YTD and 33.76% in the past year. It has 51 holdings, a beta of 1.13, and a standard deviation of 16.18%. FTGS has a Zacks ETF Rank of 2 and offers exposure to the Large Cap Growth segment.

Investors can consider alternatives like Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ) which track similar indices. FTGS is a cost-effective option with low expenses and transparency. Passively managed ETFs like FTGS are popular with both retail and institutional investors for their long-term investment benefits.



Read more at Nasdaq: Should First Trust Growth Strength ETF (FTGS) Be on Your Investing Radar?