FTXO - ETF AI Analysis
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First Trust Nasdaq Bank ETF (FTXO)
FTXO, the First Trust Nasdaq Bank ETF, earns a solid overall rating thanks to its heavy exposure to strong, well-established banks like Wells Fargo, US Bancorp, JPMorgan Chase, and Bank of America, which benefit from solid earnings, attractive or fair valuations, and generally positive momentum. Some holdings face issues such as overbought technical conditions, high leverage, and revenue growth challenges, which slightly weigh on the fund’s appeal. The main risk factor is its concentrated focus in the banking sector, meaning the ETF is highly sensitive to financial industry and economic cycles.
FTXO vs. SPDR S&P 500 ETF (SPY)
- AUM
- 244.93M
- Region
- North America
- Expense Ratio
- 0.60%
- Beta
- 1.06
- Issuer
- First Trust
- Inception Date
- Sep 20, 2016
- Dividend Yield
- 1.94%
- Asset Class
- Equity
- Index Tracked
- NASDAQ US Banks Index
FTXO Summary
FTXO is the First Trust Nasdaq Bank ETF, which follows the NASDAQ US Banks Index and focuses on U.S. banks. It holds major names like Bank of America and JPMorgan Chase, along with a mix of other large and mid-sized banks. Investors might consider FTXO if they want simple, one-stop exposure to the banking sector and believe banks can grow as the economy and interest rates change. However, this ETF is heavily concentrated in financial stocks, so its value can rise or fall sharply with changes in the banking industry and overall market conditions.
How much will it cost me?
FTXO has an annual expense ratio of 0.60%, which means you’ll pay about $6 per year for every $1,000 invested. This cost is higher than the average ETF because it’s a specialized, smart-beta fund focused on bank stocks rather than a plain, passively managed broad market index.
What would affect this ETF?
FTXO focuses on major U.S. banks, so it could benefit if the economy grows steadily, loan demand rises, and interest rates stay at levels that help banks earn more on lending, especially for large players like JPMorgan, Bank of America, and Wells Fargo. On the downside, a weakening U.S. economy, falling or sharply rising interest rates, tighter banking regulations, or problems specific to big banks such as credit losses or scandals could hurt the ETF’s performance.
FTXO Top 10 Holdings
FTXO is a pure play on U.S. banks, with heavyweights like JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo steering the ship. Lately, the big money-center banks have been losing steam, with most of the top holdings showing softer, lagging short-term performance even as their year-to-date trends remain more mixed to mildly positive. Regional names such as M&T Bank and Fifth Third Bancorp add some balance but haven’t fully offset the recent slump. With all its bets placed squarely on U.S. financials, the fund rises or falls with the banking sector’s fortunes.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 USB | US Bancorp | 8.02% | $19.90M | $92.07B | 26.81% | 76Outperform |
 WFC | Wells Fargo | 7.91% | $19.61M | $246.73B | -1.04% | 80Outperform |
 JPM | JPMorgan Chase | 7.78% | $19.30M | $891.18B | 14.43% | 72Outperform |
 C | Citigroup | 7.66% | $19.00M | $205.50B | 27.22% | 68Neutral |
 BAC | Bank of America | 6.79% | $16.83M | $350.57B | -0.04% | 72Outperform |
 FCNCA | First Citizens BancShares | 4.18% | $10.36M | $23.53B | 26.07% | 73Outperform |
 FITB | Fifth Third Bancorp | 3.92% | $9.73M | $47.53B | 27.68% | 71Outperform |
 CFG | Citizens Financial | 3.90% | $9.67M | $27.33B | 28.88% | 75Outperform |
 MTB | M&T Bank | 3.92% | $9.72M | $31.53B | 22.35% | 76Outperform |
 PNC | PNC Financial | 3.87% | $9.61M | $88.92B | 24.46% | 71Outperform |
FTXO Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FTXO, the sentiment is Neutral. The current price of 39.71 is above the 20-day moving average (MA) of 38.86, below the 50-day MA of 40.47, and above the 200-day MA of 39.20, indicating a neutral trend. The MACD of -0.37 indicates Negative momentum. The RSI at 53.64 is Neutral, neither overbought nor oversold. The STOCH value of 88.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FTXO.
FTXO Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FTXO | $39.71 | $43.00(8.29% Upside) | $244.93M | 0.60% | 74Outperform |
 IAT | $59.60 | $67.15(12.67% Upside) | $628.84M | 0.37% | 74Outperform |
 KIE | $64.44 | $68.87(6.87% Upside) | $492.42M | 0.35% | 71Outperform |
 REM | $17.43 | $21.46(23.14% Upside) | $448.76M | 0.48% | 62Neutral |
 IAK | $150.19 | $152.63(1.62% Upside) | $447.67M | 0.37% | 74Outperform |
 KCE | $154.86 | $185.93(20.06% Upside) | $436.49M | 0.35% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FTXO | First Trust Nasdaq Bank ETF | 39.71 | 5.64 | 16.55% | |
| IAT | iShares U.S. Regional Banks ETF | 59.60 | 10.90 | 22.38% | |
| KIE | SPDR S&P Insurance ETF | 64.44 | 8.06 | 14.29% | |
| REM | iShares Mortgage Real Estate ETF | 17.43 | -3.02 | -14.75% | |
| IAK | iShares U.S. Insurance ETF | 150.19 | 25.44 | 20.39% | |
| KCE | SPDR S&P Capital Markets ETF | 154.86 | 6.11 | 4.11% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.