FNI First Trust Chindia ETF

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FNI First Trust Chindia ETF

Seeks to track, before fees and expenses, the ISE ChIndia Index. The starting universe of stocks is the total population of companies that are domiciled in either India or China and whose shares or ADRs are listed on a U.S. securities exchange. Remove companies that do not meet the component eligibility criteria which include minimum market capitalization and trading volume requirements. Rank the remaining stocks by their liquidity score. (Rank all eligible stocks separately by market cap and three month average daily dollar volume. Sum the ranks for each stock to get a liquidity score.) Select the top 25 stocks from each country by liquidity score. If less than 25 stocks are available for a country, then continue selecting stocks from the other country until a maximum of 50 stocks are selected. Weight according to the following methodology: top three ranked stocks in each country are weighted at 7% each. The next three in each country are weighted at 4% each. The next three in each country are weighted at 2% each and the remaining stocks are equally weighted.

As of 01/13/2023     IEX book   CBOE book

ETF Information
Sponsor:     First Trust
Category1:  Global Equity
Category2:  Emerging markets
Category3:  Miscellaneous region
Morningstar category:  Miscellaneous Region
Leverage factor:  1.00
Inception date:  05/08/2007
Index tracking method: Passive replication
Current yield:  0.13%
Historical average yield:  0.79%
Market cap:  $84,897,042
Average volume:  14,040
Fees:     0.6000%

Index Information
ISE CHIndia Index
Index symbol:  ICK
Provider:   NASDAQ OMX
Index weighting:   Other
Index inception date:  12/19/2003
Backtesting data exists:   No
Number of holdings:  50
Strategy:  Equal weighting

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