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First Trust Nasdaq Bank ETF (FTXO)
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Upturn Advisory Summary
11/10/2025: FTXO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 1.86% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/10/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.24 | 52 Weeks Range 24.89 - 35.01 | Updated Date 06/29/2025 |
52 Weeks Range 24.89 - 35.01 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust Nasdaq Bank ETF
ETF Overview
Overview
The First Trust Nasdaq Bank ETF (FTXB) seeks to provide investment results that correspond generally to the price and yield of the Nasdaq US Smart Banks Index. It focuses on companies engaged in providing banking services in the U.S., utilizing a smart beta approach.
Reputation and Reliability
First Trust is a well-established ETF provider known for its thematic and smart beta ETFs, possessing a solid track record.
Management Expertise
First Trust has an experienced management team dedicated to developing and managing a range of investment strategies.
Investment Objective
Goal
To track the investment results of the Nasdaq US Smart Banks Index.
Investment Approach and Strategy
Strategy: The ETF tracks a specific index, the Nasdaq US Smart Banks Index, which employs a smart beta methodology to select and weight bank stocks.
Composition The ETF primarily holds stocks of U.S. banks.
Market Position
Market Share: FTXB holds a moderate market share within the banking ETF segment.
Total Net Assets (AUM): 397000000
Competitors
Key Competitors
- KRE
- IAT
- QABA
Competitive Landscape
The banking ETF industry is moderately competitive. FTXB's smart beta approach offers differentiation, but it faces competition from larger, more liquid ETFs like KRE. KRE is a regional banking ETF offering broader exposure and greater liquidity, which is an advantage for investors seeking ease of trading. FTXB may appeal to investors seeking a potentially more targeted, risk-managed approach within the banking sector.
Financial Performance
Historical Performance: Historical performance data is readily available but varies based on the period examined. Past performance is not indicative of future results.
Benchmark Comparison: The ETF's performance should be compared to the Nasdaq US Smart Banks Index to assess tracking effectiveness.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
FTXB's average trading volume is moderate, which might impact the ease of executing large trades.
Bid-Ask Spread
The bid-ask spread is typically reasonable but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate changes, regulatory environment, and the overall health of the banking sector significantly influence FTXB's performance.
Growth Trajectory
The growth trajectory of FTXB depends on investor interest in smart beta strategies within the banking sector and the overall performance of U.S. banks.
Moat and Competitive Advantages
Competitive Edge
FTXB's competitive edge lies in its smart beta methodology, which aims to select and weight bank stocks based on factors beyond market capitalization, potentially leading to better risk-adjusted returns. The ETF offers a targeted approach to banking exposure, focusing on companies with strong financial metrics. This niche focus may appeal to investors looking for a more refined exposure compared to broader banking ETFs. The fund's smaller size may also limit its liquidity compared to larger competitors.
Risk Analysis
Volatility
FTXB's volatility is tied to the banking sector's sensitivity to economic conditions and interest rate fluctuations.
Market Risk
Specific risks include interest rate risk, credit risk, regulatory risk, and the potential for economic downturns to negatively impact bank profitability.
Investor Profile
Ideal Investor Profile
The ideal investor profile includes individuals seeking targeted exposure to the U.S. banking sector and who understand and are comfortable with smart beta investment strategies.
Market Risk
FTXB is suited for investors with a moderate risk tolerance, who seek a targeted approach to banking exposure, and who are comfortable with the potential for higher volatility compared to broader market ETFs.
Summary
First Trust Nasdaq Bank ETF (FTXB) offers a smart beta approach to investing in U.S. banks, tracking the Nasdaq US Smart Banks Index. It provides a targeted exposure to the banking sector, potentially offering enhanced risk-adjusted returns through its selection and weighting methodology. While it offers a unique strategy, investors should consider its moderate trading volume and potential for sector-specific volatility. FTXB's performance is highly dependent on the economic and regulatory environment affecting U.S. banks, making it suitable for investors with a clear understanding of these dynamics.
Similar ETFs
Sources and Disclaimers
Data Sources:
- First Trust website
- ETFdb.com
- Morningstar.com
- Nasdaq.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Nasdaq Bank ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and ranking. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.