First Trust Exchange-Traded Fund VI First Trust Bloomberg R&D Leaders ETF
No trades
Key stats
About First Trust Exchange-Traded Fund VI First Trust Bloomberg R&D Leaders ETF
Home page
Inception date
Apr 30, 2024
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 Advisors LP
Distributor
First Trust Portfolios LP
RND tracks an index of stocks with increased research and development for new products and services that are expected to generate future economic benefits. From a starting universe of 1,000 US large- and mid-cap companies, the fund considers stocks that have increased R&D expenditures for the past three years. The fund then screens securities for the top 90th percentile in terms of R&D expenditures to sales ratio. Finally, the top 30-50 securities by market capitalization are selected. If less than 30 stocks meet the requirements, the fund could relax the R&D expenditures to sales screen and rank securities just by their R&D expenditures. The portfolio is market cap-weighted, subject to diversification and sector limits. The index is rebalanced quarterly and reconstituted semi-annually.
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
Electronic Technology
Technology Services
Health Technology
Stocks99.96%
Electronic Technology30.57%
Technology Services29.17%
Health Technology15.48%
Retail Trade7.78%
Producer Manufacturing4.74%
Consumer Durables4.56%
Consumer Services3.76%
Transportation1.27%
Finance1.22%
Industrial Services0.75%
Consumer Non-Durables0.65%
Bonds, Cash & Other0.04%
Cash0.04%
Stock breakdown by region
North America96.60%
Europe3.40%
Latin America0.00%
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
RND invests in stocks. The fund's major sectors are Electronic Technology, with 30.57% stocks, and Technology Services, with 29.17% of the basket. The assets are mostly located in the North America region.
RND top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 9.50% and 9.09% of the portfolio correspondingly.
RND assets under management is 2.55 M USD. It's risen 3.41% over the last month.
RND fund flows account for 1.19 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, RND pays dividends to its holders with the dividend yield of 0.04%. The last dividend (Dec 31, 2024) amounted to 0.01 USD. The dividends are paid quarterly.
RND shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Apr 30, 2024, and its management style is Passive.
RND expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
RND follows the Bloomberg R&D Leaders Select TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RND invests in stocks.
RND price has risen by 5.35% over the last month, and its yearly performance shows a 18.17% increase. See more dynamics on RND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.70% over the last month, showed a 11.73% increase in three-month performance and has increased by 5.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.70% over the last month, showed a 11.73% increase in three-month performance and has increased by 5.05% in a year.
RND trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.