First Trust Nasdaq Bank ETF (FTXO) is a financial sector ETF. As of October 9, 2026, ETF Copilot scores FTXO 3.2 out of 10 — highest on Value (6.4), lowest on Quality (0.9). It trades at 12.0 times earnings, against its own median of 12.0. Its ten largest holdings are 59% of the fund.
What stands out in FTXO's data
U.S. banking sector leaders, selected by Nasdaq's index methodology.
Earns less on its capital than most financial-sector peers — its edge has to come from elsewhere.
Return on equity of 11.8% trails the 16.9% category median, behind most peers. Top holdings concentration sits at 58.6%, and the 0.60% expense ratio runs above typical.
A focused bet on the largest U.S. banks — narrower reach for direct sector exposure.
How is FTXO rated? ETF Copilot scores First Trust Nasdaq Bank ETF (FTXO) 3.2 out of 10
As of October 9, 2026, ETF Copilot scores First Trust Nasdaq Bank ETF (FTXO) 3.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.2 / 10
- Growth: 2.8 / 10
- Value: 6.4 / 10
- Risk: 1.3 / 10
- Quality: 0.9 / 10
- Return: 4.3 / 10
Is FTXO expensive right now? It trades at 12.0 times earnings, against its own median of 12.0
As of October 9, 2026, FTXO is cheaper than 50% of its own last 9 years.
Trailing 12 months, built from FTXO's holdings. How we calculate this →
What's inside FTXO?
What's inside FTXO: Size (Large 51%, Mid 38%, Small 11%); Geography (International 0%, US 100%).
What are FTXO's top holdings? The ten largest are 59% of the fund
Citigroup, Wells Fargo, JPMorgan Chase, U.S. Bancorp, Bank of America, First Citizens Bancshares, Citizens Financial, M&T Bank, PNC Financial Services and Fifth Third Bancorp are FTXO's largest holdings, in that order.
More concentrated than 57% of Financials ETFs.
Half of FTXO's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 23 equally weighted holdings.
What is FTXO's expense ratio? 0.60% a year
As of October 9, 2026, FTXO charges 0.60% a year, yields 2.01% and holds $248M in assets across 50 positions.
| Measure | FTXO |
|---|---|
| Expense ratio | 0.60% |
| Dividend yield | 2.01% |
| Assets under management | $248M |
| Holdings | 50 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “First Trust Nasdaq Bank ETF (FTXO) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/ftxo
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