Fund Overview

  • Ticker:
  • Fund Category:
    Financial Services Equity
  • Fund Manager:
    FT Portfolios Canada Co.
  • Portfolio Advisor:
    First Trust Advisors L.P.
  • CUSIP:
  • ISIN:
  • SEDOL:
  • Currency:
  • Fiscal Year-End:
  • Exchange:
    Toronto Stock Exchange
  • Inception:
  • Inception Price:
  • Inception NAV:
  • Eligibility:

Fees and Expenses

  • Management Fee: 0.70%
  • MER: 0.78% as at 2019-12-31
Please refer to the prospectus for detailed explanation of the funds fees and expense.

Distribution Information (as at 2020-05-25)

  • Dividend Frequency:
  • Dividend Per Share Amount:2
  • Distribution Rate:3

Fund Characteristics (as at 2020-04-30)4

  • Maximum Market Cap.:
  • Median Market Cap.:
  • Minimum Market Cap.:
  • Price/Earnings:
  • Price/Book:
  • Price/Cash Flow:
  • Price/Sales:

Investment Objective

The First Trust ETF seeks to replicate, to the extent possible, the performance of the StrataQuant® Financials Index ("Index"), net of expenses. The investment strategy of the First Trust ETF is to invest in and hold the Constituent Securities of the applicable Index in the same proportion as they are reflected in the Index or securities intended to replicate the performance of such Index. The Index results from applying the AlphaDEX™ methodology to the Russell 1000® Index, a market index representing the large and mid-capitalization segment of the U.S. equity universe, and then selecting the Constituent Securities for the Index from those qualifying stocks included in the Financial Services Sector.

Current Data (as at 2020-05-25) Currency: CAD

NAV1% Change$ Change
Daily Volume52-Week High/LowAVG 30-Day Volume
0$32.65 / $18.53780
Total Net AssetsOutstanding UnitsNumber of Holdings

Top 10 Holdings (as at 2020-05-25)5

Holding % of Net Assets
Janus Henderson Group Plc 1.95%
MGIC Investment Corporation 1.76%
MSCI Inc. 1.72%
First American Financial Corporation 1.71%
Evercore Inc. 1.67%
OneMain Holdings, Inc. 1.66%
Santander Consumer USA Holdings Inc. 1.63%
Fidelity National Financial, Inc. 1.62%
MarketAxess Holdings Inc. 1.62%
Franklin Resources, Inc. 1.57%

The top 10 investments make up 16.98% of the fund.

Portfolio Composition (as at 2020-05-25)5

Industry % of Net Assets
Banks 28.14%
Non-life Insurance 26.98%
Investment Banking and Brokerage Services 18.54%
Finance and Credit Services 14.65%
Mortgage Real Estate Investment Trusts 6.24%
Life Insurance 5.03%
Cash & Equivalents 0.25%

Country Breakdown (as at 2020-05-25)5

Country % of Net Assets
United States 88.86%
Bermuda 8.14%
United Kingdom 2.58%

Risk Rating

This rating is based on how much the ETF’s returns have changed from year to year. It doesn’t tell you how volatile the ETF will be in the future. The rating can change over time. An ETF with a low risk rating can still lose money.

For more information about the risk rating and specific risks that can affect the ETF’s returns, see the Risk section of the ETF’s prospectus.


1 The NAV represents the fund's net assets (assets less liabilities) divided by the fund's outstanding shares .
2 Most recent distribution paid or declared to today's date. Subject to change in the future. There is no guarantee that the fund will declare dividends.
3 Distribution rate is calculated by dividing the most recent annualized distribution paid or declared by the Net Asset Value. Distribution rates may vary. The distributed amount may include return of capital (ROC) from time to time.
4 All market capitalization numbers are in CAD$ Millions.
5 Percentage of net assets may not equal 100%

"AlphaDEX™" is a registered trademark of First Trust Portfolios L.P. in the United States and is the subject of a pending trademark registration application in Canada.

First Trust Portfolios L.P. has obtained a patent for the AlphaDEX™ stock selection methodology from the United States Patent and Trademark Office. A patent application for the AlphaDEX™ stock selection methodology is pending in Canada.

Commissions, trailing commissions, management fees and expenses all may be associated with Exchange-Traded Fund investments. Please carefully read the prospectus of the fund before investing. Exchange-Traded funds are not guaranteed, their values change frequently and past performance may not be repeated.