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

Published on 20 Jun 2024 on Zacks · via Yahoo Finance

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

Making its debut on 02/14/2012, smart beta exchange traded fund First Trust India NIFTY 50 Equal Weight ETF (NFTY) provides investors broad exposure to the Asia-Pacific (Emerging) ETFs category of the market.

What Are Smart Beta ETFs?

For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.

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