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Morningstar

First Trust IndXX NextG ETF NXTG

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis NXTG

Will NXTG outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NXTG’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NXTG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NXTG’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Neither people nor process stand out at First Trust IndXX NextG ETF, but it gets just enough right to help this strategy retain its Morningstar Medalist Rating of Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NXTG

More NXTG Holdings
  • Current Portfolio Date
  • Equity Holdings 101
  • Bond Holdings 0
  • Other Holdings 13
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

2.60
11,210,161
Technology

Renesas Electronics Corp

2.09
8,976,048
Technology

Advanced Micro Devices Inc

1.90
8,185,613
Technology

Broadcom Inc

1.74
7,482,580
Technology

Marvell Technology Inc

1.64
7,063,146
Technology

NEC Corp

1.62
6,987,230
Technology

Mitsubishi Electric Corp

1.62
6,963,488
Industrials

LG Electronics Inc

1.59
6,824,841
Technology

ZTE Corp Class H

1.58
6,816,780
Technology

BT Group PLC

1.48
6,390,591
Communication Services