First Trust Large Cap US Equity Select ETF
RNLC
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- MA United States of America
- IPO Date
- Jun 22, 2017
- CIK
- 0001552740
- Similar Companies
- Business
- First Trust Large Cap US Equity Select ETF (RNLC) is an exchange-traded fund that seeks investment results tracking the Total Smart Beta Large Cap Index, focusing on large-cap U.S. equities selected and weighted based on smart beta factors including value, momentum, quality, and low volatility. The ETF offers investors diversified exposure to a portfolio of approximately 100 U.S. large-cap stocks across sectors such as technology, financials, healthcare, and consumer discretionary; it employs a rules-based methodology to overweight securities exhibiting favorable characteristics in multi-factor models, aiming to enhance risk-adjusted returns relative to traditional market-cap weighted indices. RNLC provides daily liquidity on the Nasdaq exchange, low expense ratio management, and tax-efficient structure typical of First Trust ETFs. First Trust Portfolios LP serves as the sponsor and investment advisor, with the fund launched in 2021 and headquartered in Wheaton, Illinois. The ETF targets institutional and retail investors seeking factor-based equity strategies; it operates exclusively in the U.S. market without international exposure or subsidiaries. Geographically, holdings are limited to U.S.-domiciled companies listed on major exchanges. In recent developments, RNLC has maintained steady assets under management growth amid market volatility, with no major acquisitions, partnerships, or structural changes reported in the last two years; the fund continues to adhere to its index methodology without significant rebalances or product launches beyond routine quarterly adjustments.