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FTXO - ETF AI Analysis
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First Trust Nasdaq Bank ETF (FTXO)
Rating:74Outperform
Price Target:―
Positive Factors
Recent Short-Term Rebound
The ETF has shown strong performance over the last three months, suggesting a recent recovery in its bank holdings.
Exposure to Major U.S. Banks
Top positions in large, well-known U.S. banks provide access to established financial institutions that play a key role in the economy.
Focused U.S. Market Exposure
With almost all assets in U.S. companies, the fund offers a clear and simple way to invest specifically in the U.S. banking sector.
Negative Factors
High Sector Concentration
Nearly all assets are in financial stocks, so the ETF is heavily exposed to downturns in the banking industry.
Mixed Performance Among Top Holdings
Several of the largest positions have shown weak year-to-date performance, which has limited the fund’s overall progress this year.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can gradually reduce investors’ net returns over time.
FTXO vs. SPDR S&P 500 ETF (SPY)
AUM275.21M
RegionNorth America
Expense Ratio0.60%
Beta1.08
IssuerFirst Trust
Inception DateSep 20, 2016
Dividend Yield1.79%
Asset ClassEquity
Index TrackedNASDAQ US Banks Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume54,740
30 Day Avg. Volume62,650
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
44.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering47
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FTXO Summary
FTXO is the First Trust Nasdaq Bank ETF, which follows the Nasdaq US Banks Index and focuses mainly on U.S. bank stocks. It holds a basket of large and mid-sized banks, including well-known names like JPMorgan Chase and Bank of America, giving investors broad exposure to the American banking industry in a single investment. Someone might consider FTXO if they want targeted exposure to financials and believe banks can grow as the economy and interest rates move in their favor. A key risk is that it is heavily concentrated in bank stocks, so it can rise or fall sharply with the health of the financial sector.
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
FTXO is a pure U.S. bank play, and the big money-center names are steering the ship. Citigroup and Truist have been relatively steady over the past few months, helping to keep the fund on course, while Wells Fargo, Bank of America, and JPMorgan have been losing a bit of steam lately and acting as mild brakes on performance. Offsetting that, regional players like PNC and M&T Bank have been rising, giving the ETF a lift from the middle of the roster. Overall, it’s a concentrated bet on U.S. financials, especially large banks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Citigroup | 8.52% | $24.18M | $210.11B | 47.78% | 68 Neutral | |
| Truist Financial | 8.25% | $23.40M | $70.50B | 15.61% | 70 Outperform | |
| Wells Fargo | 7.94% | $22.54M | $288.04B | 16.35% | 80 Outperform | |
| Bank of America | 7.65% | $21.70M | $404.41B | 17.55% | 72 Outperform | |
| JPMorgan Chase | 7.37% | $20.93M | $863.69B | 17.32% | 72 Outperform | |
| Fifth Third Bancorp | 4.69% | $13.33M | $49.30B | 22.99% | 71 Outperform | |
| Citizens Financial | 4.46% | $12.67M | $28.60B | 38.45% | 75 Outperform | |
| US Bancorp | 4.26% | $12.10M | $92.36B | 25.41% | 76 Outperform | |
| Huntington Bancshares | 4.09% | $11.61M | $38.74B | 12.41% | 80 Outperform | |
| M&T Bank | 4.03% | $11.45M | $35.70B | 16.86% | 76 Outperform |
FTXO Technical Analysis
Positive
―
Price Trends
37.83
Positive
36.24
Positive
34.25
Positive
Market Momentum
0.46
Negative
68.41
Neutral
92.18
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 38.66, equal to the 50-day MA of 37.83, and equal to the 200-day MA of 34.25, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 68.41 is Neutral, neither overbought nor oversold. The STOCH value of 92.18 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
40.57
6.80
20.14%
REM
iShares Mortgage Real Estate ETF
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―
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IAT
iShares U.S. Regional Banks ETF
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KCE
SPDR S&P Capital Markets ETF
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―
―
KIE
SPDR S&P Insurance ETF
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―
KBWD
Invesco KBW High Dividend Yield Financial 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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