Invest in FTXL, a passively managed ETF with exposure to Technology-Semiconductors sector.

From Nasdaq: 2025-01-01 06:20:07

The First Trust NASDAQ Semiconductor ETF (FTXL) is a passively managed ETF that provides exposure to the Technology – Semiconductors sector. With assets over $468.85 million, it aims to match the performance of the Nasdaq US Smart Semiconductor Index. This ETF has an expense ratio of 0.60% and a dividend yield of 0.54%.

Sector ETFs like FTXL offer diversified exposure to specific industries, with Technology – Semiconductors currently ranked 1 out of 16 Zacks sectors. The fund has heavy allocations in the Information Technology sector, with top holdings including Nvidia Corporation and Broadcom Inc. Performance-wise, FTXL has gained about 0% year-to-date and 7.62% in the last year.

For investors seeking exposure to the Technology ETFs segment, FTXL holds a Zacks ETF Rank of 1 (Strong Buy). Other alternatives in the space include iShares Semiconductor ETF (SOXX) and VanEck Semiconductor ETF (SMH). FTXL is a cost-effective option with potential for growth in the semiconductor industry.



Read more at Nasdaq: Should You Invest in the First Trust NASDAQ Semiconductor ETF (FTXL)?