Published on 22 Mar 2024 on Zacks via Yahoo Finance
Launched on 08/08/2017, the First Trust Dow 30 Equal Weight ETF (EDOW) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Blend category of the market.
What Are Smart Beta ETFs?
The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.