Seeks to track, before fees and expenses, the
Nasdaq Riskalyze US Large Cap Index. To be eligible for inclusion in the Index, a security must meet certain criteria, including being a member of the Nasdaq US 500 Large Cap Index and paid a dividend in the trailing twelve months based on ex-date. Sector weights are assigned that are equal to the sector weights within the Nasdaq US 500 Large Cap Index. Securities within each sector are equal weighted. The index is rebalanced and reconstituted on a quarterly basis.
ETF Information
Sponsor: First Trust
Category1: US Equity
Category2: Broad market
Category3: Large cap
Morningstar category: Large Blend Leverage factor: 1.00 Inception date: 06/20/2017
Index tracking method:
Passive replication
Current yield: 1.44%
Historical average yield: 1.44%
Market cap: $16,679,031
Average volume: 693
Fees: 0.6000%
Index InformationNasdaq Riskalyze US Large Cap Index Index symbol: NQRSKUSL
Provider: NASDAQ OMX Total return index symbol: NQRSKUSLT
Index weighting: Other Index inception date: 06/13/2017
Backtesting data exists:
Yes
Number of holdings: 400
Strategy: Dividend investing
Factors used to select securities: