Is First Trust India NIFTY 50 Equal Weight ETF (NFTY) a Strong ETF Right Now?

Published on 26 Apr 2024 on Zacks via Yahoo Finance

Is First Trust India NIFTY 50 Equal Weight ETF (NFTY) a Strong ETF Right Now?

Designed to provide broad exposure to the Asia-Pacific (Emerging) ETFs category of the market, the First Trust India NIFTY 50 Equal Weight ETF (NFTY) is a smart beta exchange traded fund launched on 02/14/2012.

What Are Smart Beta ETFs?

Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.

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