First Trust Nasdaq Bank ETF (FTXO) ETF
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First Trust Nasdaq Bank ETF (FTXO) ETF Bio
The investment objective of the First Trust Nasdaq Bank ETF is to select the most liquid eligible securities within the banking sector from the Nasdaq US Benchmark Index and then rank them on the three factors - volatility, value and growth. The securities that are selected for each index are weighted based upon their combined score of the three factors.