First Trust New Constructs Core Earnings Leaders ETF

FTCE

Market cap $51.8M

According to VettaFi's ETF Trends, 543 ETFs were launched in 2023, 63 more than the previous record of 480 in 2021.

Today, First Trust launched its latest fund, the First Trust New Constructs Core Earnings Leaders ETF (FTCE).  FTCE has a net expense ratio of 0.60%.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust New Constructs Core Earnings Leaders ETF (NYSE Arca: FTCE) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Bloomberg New Constructs Core Earnings Leaders Index (the “index”). ".