
The First Trust Dow 30 Equal Weight ETF is engineered to replicate the financial performance, encompassing both price appreciation and dividend income, of the Dow Jones Industrial Average Equal Weight Index, before factoring in the ETF's own fees and expenses. To achieve this objective, the Fund typically allocates at least 90% of its net assets, including any capital acquired through borrowing, directly into the common stocks that constitute this underlying index. Employing a passive indexing strategy, the ETF endeavors to mirror the Index's returns prior to any deductions for operational costs. The investment management team targets a strong alignment, aiming for a correlation of 0.95 or higher between the Fund's performance and the Index, acknowledging that a perfect correlation would be represented by a figure of 1.00.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| CAT | Caterpillar Inc. | 3.92% | $12.03M |
| SHW | The Sherwin-Williams Company | 3.68% | $11.29M |
| HD | The Home Depot, Inc. | 3.57% | $10.97M |
| TRV | The Travelers Companies, Inc. | 3.55% | $10.91M |
| AXP | American Express Company | 3.53% | $10.85M |
| MRK | Merck & Co., Inc. | 3.53% | $10.83M |
| JNJ | Johnson & Johnson | 3.52% | $10.81M |
| AMGN | Amgen Inc. | 3.47% | $10.64M |
| JPM | JPMorgan Chase & Co. | 3.46% | $10.62M |
| V | Visa Inc. (Class A) | 3.44% | $10.55M |
| MMM | 3M Company | 3.36% | $10.32M |
| UNH | UnitedHealth Group Incorporated | 3.35% | $10.27M |
| BA | The Boeing Company | 3.34% | $10.24M |
| IBM | International Business Machines Corporation | 3.32% | $10.18M |
| GS | The Goldman Sachs Group, Inc. | 3.31% | $10.16M |
| GOOGL | Alphabet Inc. (Class A) | 3.28% | $10.07M |
| AMZN | Amazon.com, Inc. | 3.28% | $10.06M |
| DIS | The Walt Disney Company | 3.25% | $9.97M |
| PG | The Procter & Gamble Company | 3.24% | $9.93M |
| CSCO | Cisco Systems, Inc. | 3.22% | $9.88M |
| KO | The Coca-Cola Company | 3.21% | $9.86M |
| NVDA | NVIDIA Corporation | 3.16% | $9.70M |
| AAPL | Apple Inc. | 3.14% | $9.63M |
| WMT | Walmart Inc. | 3.09% | $9.47M |
| MCD | McDonald's Corporation | 3.07% | $9.43M |