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About First Trust DJ Select MicroCap ETF
Home page
Inception date
Sep 27, 2005
Structure
Open-Ended Fund
Replication method
Physical
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
FDM calls itself a micro-cap fund, and for the most part it is, but the fund leans hard toward the small-cap space. FDM's underlying index is market-cap weighted and screens for financial strength, looking at metrics like trailing P/E and P/B. Sector biases result, investors should verify sector weightings. The index and fund are reconstituted annually and rebalanced quarterly. FDM captures a segment that is difficult to reach and uses a full replication index strategy. Comparatively, these aspects tend to increase management expenses.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.81%
Finance26.20%
Producer Manufacturing8.73%
Commercial Services7.75%
Technology Services7.46%
Non-Energy Minerals5.68%
Consumer Durables5.16%
Consumer Services4.62%
Consumer Non-Durables4.48%
Process Industries4.15%
Energy Minerals4.10%
Electronic Technology3.84%
Utilities3.73%
Retail Trade3.32%
Distribution Services3.01%
Miscellaneous2.59%
Industrial Services1.87%
Health Technology1.58%
Health Services0.81%
Transportation0.74%
Bonds, Cash & Other0.19%
Cash0.19%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDM invests in stocks. The fund's major sectors are Finance, with 26.20% stocks, and Producer Manufacturing, with 8.73% of the basket. The assets are mostly located in the North America region.
FDM top holdings are Centrus Energy Corp. Class A and Sezzle Inc., occupying 5.00% and 3.76% of the portfolio correspondingly.
FDM last dividends amounted to 0.28 USD. The quarter before, the issuer paid 0.29 USD in dividends, which shows a 5.22% decrease.
FDM assets under management is 183.81 M USD. It's risen 7.36% over the last month.
FDM fund flows account for −15.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDM pays dividends to its holders with the dividend yield of 1.82%. The last dividend (Mar 31, 2025) amounted to 0.28 USD. The dividends are paid quarterly.
FDM shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Sep 27, 2005, and its management style is Passive.
FDM expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
FDM follows the DJ Select Micro-Cap. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDM invests in stocks.
FDM price has risen by 7.68% over the last month, and its yearly performance shows a 19.30% increase. See more dynamics on FDM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.28% over the last month, showed a 11.80% increase in three-month performance and has increased by 22.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.28% over the last month, showed a 11.80% increase in three-month performance and has increased by 22.84% in a year.
FDM trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.