Summary: First Trust Dow 30 Equal Weight ETF (EDOW) offers exposure to US large cap blend segment.

From Nasdaq: 2024-07-17 06:20:05

The First Trust Dow 30 Equal Weight ETF (EDOW) provides exposure to the Large Cap Blend segment of the US equity market. Launched on 08/08/2017 and sponsored by First Trust Advisors, the fund has over $231.55 million in assets.

Large cap companies have market capitalization above $10 billion, offering stability with less risk. EDOW has an expense ratio of 0.50% and a 12-month trailing dividend yield of 1.85%.

With heavy allocation to Information Technology sector and top holdings including 3m Company (MMM) and Apple Inc. (AAPL), this ETF seeks to match the performance of the Dow Jones Industrial Average Equal Weight Index.

Alternatives like the iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF (SPY) track similar indexes. Retail and institutional investors are turning to passively managed ETFs due to low costs, transparency, flexibility, and tax efficiency.

Zacks Investment Research offers insights on ETFs like EDOW, providing top news, analysis, and recommendations. Consider exploring Various ETF options to match your investment objectives.



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