ATLASFirst Trust Nasdaq Bank ETF (FTXO): outlook, holdings and fees
First Trust Nasdaq Bank ETF (FTXO) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.58% and the yield is 1.91%. The ten largest holdings are 59% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FTXO
| Last price | $39.67 (-1.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $38.54 – $41.18 |
| Normal 1-day range (±1σ) | ±1.1% |
| Distribution yield | 1.91% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FTXO fund facts
| Issuer | First Trust |
|---|---|
| Theme | Financials |
| Assets under management | $253M |
| Expense ratio | 0.58% |
| Number of holdings | 50 |
| Portfolio turnover | 68% |
| Inception | Sep 20, 2016 |
| Exchange | NASDAQ |
The fund will normally invest at least 80% of its net assets (including investment borrowings) in the securities that comprise the 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.
FTXO top holdings
| Holding | Sector | Weight |
|---|---|---|
| Citigroup Inc. C | Financial Services | 8.34% |
| Wells Fargo & Company WFC | Financial Services | 8.10% |
| JPMorgan Chase & Co JPM | Financial Services | 8.18% |
| U.S. Bancorp USB | Financial Services | 7.44% |
| Bank of America Corp BAC | Financial Services | 7.34% |
| First Citizens BancShares, Inc. FCNCA | Financial Services | 3.90% |
| M&T Bank Corporation MTB | Financial Services | 3.97% |
| Citizens Financial Group, Inc. CFG | Financial Services | 3.97% |
| PNC Financial Services Group Inc PNC | Financial Services | 3.79% |
| Fifth Third Bancorp FITB | Financial Services | 3.96% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FTXO sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 100.0% |
By region: North America 98.3%, Latin America 1.8%.
FTXO returns and risk
| Year to date | +4.3% |
|---|---|
| 1 year | +12.1% |
| 3 years (annualised) | +27.5% |
| 5 years (annualised) | +5.8% |
| 10 years (annualised) | +9.0% |
| Volatility (3 years) | 20.7% |
| Sharpe ratio (3 years) | 0.93 |
Past returns do not guarantee future results.
FTXO: frequently asked questions
What does FTXO invest in?
First Trust Nasdaq Bank ETF invests in a portfolio of securities. Its largest holdings are Citigroup Inc. (8.3%), Wells Fargo & Company (8.1%), JPMorgan Chase & Co (8.2%), U.S. Bancorp (7.4%), Bank of America Corp (7.3%).
What is the FTXO expense ratio?
0.58% a year: about $58.00 for every $10,000 invested.
What is the FTXO dividend yield?
1.91%. ATLAS does not hold the exact distribution dates for ETFs.
Will FTXO go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $38.54 to $41.18 from $39.67 today. It is a probability, not a prediction.
How has FTXO performed?
Year to date +4.3%, one year +12.1%, three years +27.5% a year, five years +5.8% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer