Symbols

FTGS

First Trust Growth Strength ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

1.27BUSD

Fund Flows (1Y)

128.60MUSD

Dividend Yield

0.16%

Discount/Premium to NAV

-0.00%

Shares Outstanding

35.65M

Expense Ratio

0.60%

About First Trust Growth Strength ETF

Issuer

First Trust Advisors L.P.

Brand

First Trust

Home Page

https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=FTGS

Inception Date

Oct 25, 2022

Structure

Open-Ended Fund

Index Tracked

The Growth Strength Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Portfolios LP

Distributor

First Trust Portfolios LP

FTGS is passively managed to hold domestic equities selected for growth metrics using a fundamental methodology. The selection universe initially comprises the top 500 securities by market capitalization in the Nasdaq US Benchmark Index. The universe is narrowed down by screening for at least $1 billion cash on hand, less than 30% long-term debt to market-cap ratio, greater than 15% return on equity, and positive shareholder equity. Then remaining securities are ranked by a composite of their 3-year percentage growth in cash flow and revenue. The top 50 securities are selected, with a restriction that no industry, as determined by the Industry Classification Benchmark, has more than 15 securities. The resulting portfolio is weighted equally. The index reconstitutes and rebalances quarterly.