Symmetrical triangle pattern in FDM ETFDescribe by the gap that breaks the symmetrical triangle, which obtained the same distance as the base of it.
Key stats
About First Trust DJ Select MicroCap ETF
Expense ratio
0.60%
Home page
Inception date
Sep 27, 2005
ISIN
US33718M1053
FDM calls itself a micro-cap fund, and for the most part it is, but the fund leans hard toward the small-cap space. FDM's underlying index is market-cap weighted and screens for financial strength, looking at metrics like trailing P/E and P/B. Sector biases result, investors should verify sector weightings. The index and fund are reconstituted annually and rebalanced quarterly. FDM captures a segment that is difficult to reach and uses a full replication index strategy. Comparatively, these aspects tend to increase management expenses.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stock breakdown by region
