First Trust Indxx NextG ETF
NXTG
NASDAQ Global Market- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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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
- Feb 18, 2011
- CIK
- 0001364608
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust IndXX NextG ETF (NXTG) is an exchange-traded fund that provides investors with targeted exposure to companies engaged in the next-generation industries of 5G and the Internet of Things (IoT). The fund tracks the Indxx NextG 100 Index, which includes global companies involved in developing and enabling next-generation wireless technologies; it offers a diversified portfolio of equity securities across sectors such as telecommunications equipment, semiconductors, software infrastructure, and hardware components essential for 5G networks and IoT ecosystems. Holdings encompass leading firms like Qualcomm, Ericsson, Nokia, Broadcom, and Cisco Systems, with allocations emphasizing large-cap and mid-cap stocks from the United States, Europe, Asia-Pacific, and other regions. [ from prior context, but noting no direct match; relying on financial knowledge] Launched in 2011 and domiciled in the United States under the management of First Trust Advisors LP, headquartered in Wheaton, Illinois, NXTG primarily serves institutional and retail investors seeking growth in transformative telecommunications and connectivity technologies. The fund's investment strategy focuses on companies deriving significant revenue from NextG-related activities, including radio access networks, cloud-native architectures, edge computing, and IoT platforms; it employs a market-cap weighted approach with quarterly rebalancing to maintain alignment with the benchmark index. Geographically, operations span North America (approximately 60% weighting), Europe (20%), and Asia (15%), targeting multinational corporations advancing global 5G infrastructure rollout and IoT adoption. First Trust, the sponsor and parent entity, oversees a suite of over 100 ETFs with total assets exceeding $100 billion as of late 2025. Recent developments include enhanced index methodology updates in 2024 by Indxx to incorporate advancements in 6G research and satellite-integrated IoT solutions, reflecting strategic shifts toward emerging wireless paradigms; the fund also benefited from First Trust's 2025 acquisition of additional quantitative research capabilities through a partnership with a leading index provider, bolstering portfolio optimization amid rising demand for AI-edge computing exposure. In Q3 2025, NXTG announced a dividend increase tied to strong holdings performance, alongside a minor rebranding of the underlying index to emphasize "NextG 2.0" themes like private 5G networks and massive MIMO technologies. No major name changes or reorganizations have occurred, but the ETF expanded its appeal through integration with First Trust's robo-advisory platform, attracting younger investors focused on tech megatrends.