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FTXO - ETF AI Analysis
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First Trust Nasdaq Bank ETF (FTXO)
Rating:70Neutral
Price Target:
$38.00
Positive Factors
Strong Top Holdings
Several major positions, like Citigroup and JPMorgan Chase, have shown strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF's heavy allocation to the financial sector allows investors to target a specific area of the market with growth potential.
Reasonable Expense Ratio
The ETF's expense ratio is competitive for a niche fund, helping investors keep more of their returns.
Negative Factors
Underperforming Holdings
Several top holdings, such as First Citizens BancShares and PNC Financial, have struggled year-to-date, dragging on overall performance.
High Sector Concentration
With nearly all assets in the financial sector, the ETF is highly exposed to risks specific to banking and finance.
Limited Geographic Diversification
The ETF is almost entirely invested in U.S. companies, offering little protection against international market trends.
FTXO vs. SPDR S&P 500 ETF (SPY)
AUM245.95M
RegionNorth America
Expense Ratio0.60%
Beta1.11
IssuerFirst Trust
Inception DateSep 20, 2016
Dividend Yield1.94%
Asset ClassEquity
Index TrackedNASDAQ US Banks Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume65,963
30 Day Avg. Volume45,346
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
40.17Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTXO Summary
The First Trust Nasdaq Bank ETF (FTXO) is an investment fund that focuses on U.S. banks, tracking the Nasdaq US Smart Banks Index. It includes well-known companies like Wells Fargo and Citigroup, along with other major banking institutions. This ETF is a way to invest in the financial sector, which plays a key role in the economy. Investors might consider FTXO for potential growth tied to the banking industry and diversification within financial stocks. However, since it is heavily concentrated in banks, its performance can be impacted by changes in interest rates, regulations, or economic downturns.
How much will it cost me?The First Trust Nasdaq Bank ETF (FTXO) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average because it is a specialized, sector-focused ETF that requires active management to select and monitor bank stocks. Sector ETFs often have higher costs compared to broad, passively managed funds.
What would affect this ETF?The First Trust Nasdaq Bank ETF (FTXO) could benefit from rising interest rates, which typically boost bank profits by increasing the spread between lending and borrowing rates. Additionally, economic growth and advancements in financial technology may drive opportunities for the banking sector. However, challenges such as stricter banking regulations, economic slowdowns, or declining loan demand could negatively impact the ETF's performance, given its heavy reliance on U.S. banks like Wells Fargo, Citigroup, and Bank of America.
FTXO Top 10 Holdings
The First Trust Nasdaq Bank ETF (FTXO) is heavily concentrated in U.S. banking stocks, with names like Wells Fargo and Citigroup providing steady support thanks to strong earnings and reasonable valuations. However, the fund faces headwinds from lagging performers such as Truist Financial and PNC Financial, which are grappling with debt challenges and bearish technical signals. While the ETF benefits from exposure to industry leaders like JPMorgan Chase, mixed results across the sector highlight the impact of economic uncertainties and deposit growth struggles. Overall, FTXO is a focused bet on the U.S. financial sector, with performance hinging on the resilience of its top holdings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bank of America | 8.57% | $21.05M | $390.10B | 16.94% | 70 Outperform | |
| Wells Fargo | 8.50% | $20.88M | $270.28B | 18.72% | 76 Outperform | |
| JPMorgan Chase | 8.49% | $20.85M | $862.66B | 31.75% | 72 Outperform | |
| Citigroup | 8.46% | $20.78M | $181.59B | 45.99% | 67 Neutral | |
| Truist Financial | 7.85% | $19.27M | $57.72B | -2.89% | 65 Neutral | |
| Citizens Financial | 4.05% | $9.95M | $22.48B | 12.54% | 71 Outperform | |
| US Bancorp | 3.95% | $9.71M | $73.96B | -6.18% | 75 Outperform | |
| M&T Bank | 3.75% | $9.22M | $28.93B | -12.41% | 74 Outperform | |
| PNC Financial | 3.61% | $8.87M | $72.58B | -12.42% | 77 Outperform | |
| First Citizens BancShares | 3.60% | $8.84M | $23.22B | -16.46% | 71 Outperform |
FTXO Technical Analysis
Positive
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Price Trends
35.03
Positive
34.52
Positive
32.49
Positive
Market Momentum
0.10
Negative
58.99
Neutral
82.43
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTXO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 34.46, equal to the 50-day MA of 35.03, and equal to the 200-day MA of 32.49, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 58.99 is Neutral, neither overbought nor oversold. The STOCH value of 82.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTXO.
FTXO Peer Comparison
Comparison Results
Performance Comparison
FTXO
First Trust Nasdaq Bank ETF
35.37
2.19
6.60%
IAK
iShares U.S. Insurance ETF
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REM
iShares Mortgage Real Estate ETF
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KIE
SPDR S&P Insurance ETF
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KCE
SPDR S&P Capital Markets ETF
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IAT
iShares U.S. Regional Banks ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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