ETF overview
The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational costs. The investment management team targets a strong alignment, aiming for a correlation of 0.95 or higher between the Fund's performance and the Index, acknowledging that a perfect correlation would be represented by a figure of 1.00.
Fund facts
- Expense ratio
- 0.50%
- Fund assets
- 324.43M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Aug 8, 2017
- Number of holdings
- 30
Breakdown
Holdings (30)
| Name | Ticker | Weight |
|---|---|---|
| Walmart Inc. | WMT | 3.69% |
| The Procter & Gamble Company | PG | 3.67% |
| Amgen Inc. | AMGN | 3.63% |
| Visa Inc. (Class A) | V | 3.60% |
| Apple Inc. | AAPL | 3.58% |
| Microsoft Corporation | MSFT | 3.54% |
| The Coca-Cola Company | KO | 3.53% |
| The Travelers Companies, Inc. | TRV | 3.49% |
| The Walt Disney Company | DIS | 3.49% |
| Chevron Corporation | CVX | 3.46% |
| and 17 more | ||
Similar ETFs
- State Street SPDR Dow Jones Industrial Average ETF TrustDIA · Overlap 78% · Expense ratio 0.16%
- Invesco Dow Jones Industrial Average Dividend ETFDJD · Overlap 73% · Expense ratio 0.07%
- BMO Dow Jones Industrial Average Hedged to CAD Index ETFZDJ.TO · Overlap 78% · Expense ratio 0.26%
- iShares Dow Jones Industrial Average UCITS ETF (DE)EXI3.DE · Overlap 78% · Expense ratio 0.51%
- iShares Dow Jones Industrial Average UCITS ETFSXRU.DE · Overlap 78% · Expense ratio 0.33%
- MiraeAsset TIGER Dow Jones 30 ETF245340.KS · Overlap 77% · Expense ratio 0.35%
- EA Bridgeway Blue Chip ETFBBLU · Overlap 53% · Expense ratio 0.15%
- WisdomTree U.S. Quality Dividend Growth FundDGRW · Overlap 38% · Expense ratio 0.28%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.50%
- Fund assets
- 324.43M USD (all share classes)
- Issuer
- First Trust
- Inception date
- Aug 8, 2017
- Number of holdings
- 30
| Name | Ticker | Weight |
|---|---|---|
| Walmart Inc. | WMT | 3.69% |
| The Procter & Gamble Company | PG | 3.67% |
| Amgen Inc. | AMGN | 3.63% |
| Visa Inc. (Class A) | V | 3.60% |
| Apple Inc. | AAPL | 3.58% |
| Microsoft Corporation | MSFT | 3.54% |
| The Coca-Cola Company | KO | 3.53% |
| The Travelers Companies, Inc. | TRV | 3.49% |
| The Walt Disney Company | DIS | 3.49% |
| Chevron Corporation | CVX | 3.46% |
| and 17 more | ||
The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational costs. The investment management team targets a strong alignment, aiming for a correlation of 0.95 or higher between the Fund's performance and the Index, acknowledging that a perfect correlation would be represented by a figure of 1.00.
- State Street SPDR Dow Jones Industrial Average ETF TrustDIA · Overlap 78% · Expense ratio 0.16%
- Invesco Dow Jones Industrial Average Dividend ETFDJD · Overlap 73% · Expense ratio 0.07%
- BMO Dow Jones Industrial Average Hedged to CAD Index ETFZDJ.TO · Overlap 78% · Expense ratio 0.26%
- iShares Dow Jones Industrial Average UCITS ETF (DE)EXI3.DE · Overlap 78% · Expense ratio 0.51%
- iShares Dow Jones Industrial Average UCITS ETFSXRU.DE · Overlap 78% · Expense ratio 0.33%
- MiraeAsset TIGER Dow Jones 30 ETF245340.KS · Overlap 77% · Expense ratio 0.35%
- EA Bridgeway Blue Chip ETFBBLU · Overlap 53% · Expense ratio 0.15%
- WisdomTree U.S. Quality Dividend Growth FundDGRW · Overlap 38% · Expense ratio 0.28%
Overlap is the share of assets the two funds hold in common.
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