First Trust Growth Strength ETFFirst Trust Growth Strength ETFFirst Trust Growth Strength ETF

First Trust Growth Strength ETF

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Buy FTGS

Key stats


Assets under management (AUM)
‪786.67 M‬USD
Fund flows (1Y)
‪703.50 M‬USD
Dividend yield (indicated)
0.33%
Discount/Premium to NAV
−0.08%

About First Trust Growth Strength ETF


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.60%
Home page
www.ftportfolios.com/retail/ETF/ETFfundnews.aspx?Ticker=FTGS
Inception date
Oct 25, 2022
Index tracked
The Growth Strength Index - Benchmark TR Gross
Management style
Passive
FTGS is passively managed to hold domestic equities selected for growth metrics using a fundamental methodology. The selection universe initially comprises the top 500 securities by market capitalization in the Nasdaq US Benchmark Index. The universe is narrowed down by screening for at least $1 billion cash on hand, less than 30% long-term debt to market-cap ratio, greater than 15% return on equity, and positive shareholder equity. Then remaining securities are ranked by a composite of their 3-year percentage growth in cash flow and revenue. The top 50 securities are selected, with a restriction that no industry, as determined by the Industry Classification Benchmark, has more than 15 securities. The resulting portfolio is weighted equally. The index reconstitutes and rebalances quarterly.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Growth
Strategy
Growth
Weighting scheme
Equal
Selection criteria
Fundamental

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 30, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Electronic Technology
Stocks99.96%
Technology Services18.63%
Finance17.89%
Electronic Technology12.23%
Commercial Services7.97%
Energy Minerals7.78%
Producer Manufacturing7.65%
Consumer Services6.06%
Health Technology6.00%
Consumer Non-Durables4.13%
Retail Trade4.07%
Consumer Durables3.63%
Distribution Services1.97%
Industrial Services1.96%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows