(FTXO) Nasdaq Bank - Overview
ETF Category: Financial | Exchange: NASDAQ (USA) | Market Cap: 279m USD | Total Return: 26.9% in 12m
Avg Turnover: 4.68M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The First Trust Nasdaq Bank ETF (FTXO) is a non-diversified fund that invests at least 90% of its assets in the Nasdaq US Smart Banks Index. This index selects U.S. banking institutions based on liquidity and fundamental factors, including volatility, value, and growth metrics.
The banking sector primarily generates revenue through net interest margin, which is the difference between interest earned on loans and interest paid on deposits. Unlike diversified financial funds, this ETF focuses specifically on commercial and investment banks, making it sensitive to Federal Reserve interest rate policies and credit cycle shifts.
Investors can evaluate the specific valuation metrics of these underlying holdings on ValueRay to better understand current pricing trends. The funds concentrated structure allows for targeted exposure to domestic banking leaders while excluding broader financial sub-sectors like insurance or real estate.
- Net interest margin fluctuations driven by Federal Reserve monetary policy shifts
- Credit quality and loan loss provision levels within regional banking portfolios
- Regulatory capital requirement changes impacting shareholder buybacks and dividend distributions
- Commercial real estate loan exposure risks during high interest rate environments
- Liquidity levels and deposit stability across mid-cap US banking institutions
As of May 23, 2026, the stock is trading at USD 38.03 with a total of 70,678 shares traded.
Over the past week, the price has changed by +3.27%,
over one month by -1.95%,
over three months by +0.70% and
over the past year by +26.87%.
Nasdaq Bank has no consensus analysts rating.