First Trust New Constructs Core Earnings Leaders ETF
FTCE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Oct 3, 2024
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Exchange-Traded Fund VI - First Trust New Constructs Core Earnings Leaders ETF (FTCE) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield of the Bloomberg New Constructs Core Earnings Leaders Index. The fund invests at least 80% of its net assets in securities comprising the index, which tracks the performance of 100 U.S. companies across diversified sectors exhibiting high earnings quality based on the proprietary "Earnings Capture" metric; these holdings span growth and value stocks of varying market capitalizations, with top sectors including technology (approximately 35%), financial services, communication services, healthcare, and consumer cyclical, represented by leading holdings such as Broadcom Inc., NVIDIA Corp., Walt Disney Co., Oracle Corp., and Spotify Technology SA. Launched on October 2, 2024, the ETF is managed by First Trust Advisors LP, a series of First Trust Exchange-Traded Fund VI domiciled in the United States with headquarters aligned to the sponsor in Wheaton, Illinois, and operates primarily in U.S. equity markets targeting institutional and retail investors seeking exposure to high-quality core earnings leaders. As a relatively new fund with assets under management around $47-53 million and a net expense ratio of 0.60%, FTCE maintains a non-diversified portfolio of approximately 100-103 securities using full replication, with no reported major acquisitions, funding rounds, partnerships, or strategic shifts in its brief history since inception.