Is First Trust Dow 30 Equal Weight ETF (EDOW) a Strong ETF Right Now?

From Nasdaq: 2025-02-07 06:20:04

The First Trust Dow 30 Equal Weight ETF (EDOW) was launched on 08/08/2017, offering exposure to the Style Box – Large Cap Blend category. Smart beta ETFs track non-cap weighted strategies to beat the market, with EDOW seeking to match the Dow Jones Industrial Average Equal Weight Index performance at a 0.50% expense ratio.

EDOW has $236.53 million in assets, with top holdings like Boeing (3.66%), Apple, and Cisco. Sector exposure includes Information Technology (19.50%), Financials, and Industrials. Performance-wise, EDOW has gained 4.38% this year and 15.89% in the last year, with a beta of 0.92 and standard deviation of 14.23%.

Investors seeking alternatives to EDOW can consider Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF (SPY) with lower expense ratios. It’s important to research and compare ETFs before investing to match your objectives. For more information and analysis on ETFs, visit Zacks ETF Center and subscribe to their free Fund Newsletter for updates.



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