- ISIN
- US33738R8604
- CUSIP
- 33738R860
- Issuer
- First Trust
- Inception Date
- Sep 20, 2016
- Region
- North America (U.S.)
- Category
- Financials Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ US Banks Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $299M
Share Price Chart
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Performance
FTXO Performance Chart
First Trust Nasdaq Bank ETF (FTXO) is up 8.6% since the beginning of the year. FTXO is currently trading at $41 per share. Investors who bought $1,000 worth of FTXO shares 5 years ago would now be looking at an investment worth $1,513.
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Returns By Period
First Trust Nasdaq Bank ETF (FTXO) has returned 8.60% so far this year and 32.49% over the past 12 months.
First Trust Nasdaq Bank ETF
- 1D
- 1.29%
- 1M
- 7.19%
- YTD
- 8.60%
- 6M
- 6.28%
- 1Y
- 32.49%
- 3Y*
- 28.73%
- 5Y*
- 8.64%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FTXO Monthly Returns History
Based on dividend-adjusted daily data since Oct 7, 2016, FTXO's average daily return is +0.06%, while the average monthly return is +1.11%. At this rate, an investment would double in approximately 5.2 years.
Historically, 59% of months were positive and 41% were negative. The best month was Feb 2021 with a return of +19.5%, while the worst month was Mar 2020 at -30.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FTXO closed higher 51% of trading days. The best single day was Nov 9, 2020 with a return of +14.6%, while the worst single day was Mar 9, 2020 at -15.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.20% | -3.81% | -2.44% | 8.40% | -2.47% | 7.10% | 8.60% | ||||||
| 2025 | 7.49% | -2.90% | -8.08% | -4.87% | 7.30% | 7.13% | 1.93% | 6.69% | -0.40% | -2.76% | 3.19% | 6.40% | 21.32% |
| 2024 | -0.87% | 1.24% | 7.50% | -4.59% | 3.29% | 0.08% | 11.42% | 0.84% | -1.86% | 5.26% | 14.05% | -8.37% | 29.05% |
| 2023 | 9.73% | -1.95% | -24.04% | 0.54% | -5.17% | 5.98% | 11.95% | -9.04% | -3.54% | -5.39% | 15.11% | 13.28% | 0.05% |
| 2022 | 3.32% | 2.48% | -8.25% | -10.01% | 4.41% | -12.10% | 8.94% | -0.88% | -7.23% | 8.11% | 3.04% | -8.33% | -17.93% |
| 2021 | 5.62% | 19.52% | 4.14% | 2.22% | 3.86% | -5.84% | -3.03% | 6.02% | 2.81% | 4.35% | -3.35% | 0.32% | 40.53% |
Benchmark Metrics
First Trust Nasdaq Bank ETF has an annualized alpha of -2.60%, beta of 1.15, and R2 of 0.49 versus S&P 500 Index. Calculated based on daily prices since October 07, 2016.
- This ETF participated in 111.23% of S&P 500 Index downside but only 96.14% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.49 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -2.60%
- Beta
- 1.15
- R²
- 0.49
- Upside Capture
- 96.14%
- Downside Capture
- 111.23%
Expense Ratio
FTXO has an expense ratio of 0.60%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FTXO ranks 42 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Nasdaq Bank ETF (FTXO) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTXO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.37 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.78 | -0.83 |
| Martin ratioReturn relative to average drawdown | 5.40 | 12.44 | -7.04 |
Dividends
Dividend History
First Trust Nasdaq Bank ETF provided a 1.65% dividend yield over the last twelve months, with an annual payout of $0.68 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.68 | $0.73 | $0.69 | $0.81 | $0.77 | $0.54 | $0.65 | $0.71 | $0.78 | $0.32 | $0.04 |
Dividend yield | 1.65% | 1.92% | 2.18% | 3.20% | 2.94% | 1.64% | 2.74% | 2.53% | 3.51% | 1.09% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Nasdaq Bank ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.07 | ||||||
| 2025 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.23 | $0.73 |
| 2024 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.69 |
| 2023 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.24 | $0.81 |
| 2022 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.24 | $0.77 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.54 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Nasdaq Bank ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Nasdaq Bank ETF was 55.26%, occurring on Mar 23, 2020. Recovery took 230 trading sessions.
The current First Trust Nasdaq Bank ETF drawdown is 0.99%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -55.26%Mar 2020 | 2y 12d | 11mo 3d | 2y 11moMar 2018 - Feb 2021 |
2023 bear market2023 | -46.55%May 2023 | 1y 3mo | 1y 6mo | 2y 9moJan 2022 - Nov 2024 |
2025 selloff2025 | -25.84%Apr 2025 | 4mo 9d | 3mo | 7mo 9dNov 2024 - Jul 2025 |
2026 correction2026 | -16.69%Mar 2026 | 1mo 2d | — | 4mo 14dFeb 2026 - now |
2021 correction2021 | -14.20%Jul 2021 | 1mo 17d | 2mo 10d | 3mo 27dJun 2021 - Sep 2021 |
Drawdown Indicators
| FTXO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.26% | -56.78% | +1.52% |
Max Drawdown (1Y)Largest decline over 1 year | -16.69% | -9.10% | -7.59% |
Max Drawdown (3Y)Largest decline over 3 years | -25.84% | -18.90% | -6.94% |
Max Drawdown (5Y)Largest decline over 5 years | -46.55% | -25.43% | -21.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.99% | -1.80% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -15.80% | -10.71% | -5.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.03% | 2.03% | +4.00% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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