FTXR – First Trust Nasdaq Transportation ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq U.S. Smart Transportation TM Index. The fund invests 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 the top 30 to 50 factor-ranked securities from U.S. transportation companies. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FTXR	First Trust Nasdaq Transportation ETF	ETF	Open			Sep 20, 2016	$1.05B	0.600%	—	—	$1.01B

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