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First Trust Merger Arbitrage (NTRL) ETF Holdings & Analysis
ETFOther
What NTRL does
The First Trust Equity Market Neutral ETF's (the "Fund") investment objective is to seek to provide investors with capital appreciation. Under normal market conditions, the Fund seeks to invest at least 80% of its net assets (plus any borrowings for investment purposes) in derivative instruments (exchange-traded or over-the-counter) that provide exposure to U.S exchange-listed equity securities, U.S. exchange-traded funds ("ETFs") that provide exposure to U.S. exchange-listed equity securities (directly or through derivatives) and/or U.S. exchange-listed equity securities.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| US Dollar | 21.65% | |
| BNPFTUSO SHORT TRS 07/14/2027 - BNP | 0.38% | |
| Altria Group, Inc. | 0.36% | |
| Skyward Specialty Insurance Group, Inc. | 0.35% | |
| Domino's Pizza, Inc. | 0.35% | |
| Kennametal Inc. | 0.35% | |
| Expeditors International of Washington, Inc. | 0.35% | |
| IES Holdings, Inc. | 0.35% | |
| MSCI Inc. | 0.35% | |
| Hilton Worldwide Holdings Inc. | 0.35% |
Sector allocation
| Basic Materials | -4.62% |
| Cash & Others | 79.23% |
| Communication Services | -3.88% |
| Consumer Cyclical | 10.65% |
| Consumer Defensive | 2.17% |
| Energy | 0.86% |
| Financial Services | 8.32% |
| Healthcare | -1.13% |
| Industrials | 5.44% |
| Real Estate | -6.28% |
| Technology | 13.10% |
Geographic allocation
| Other | 79.09% |
| United States | 16.64% |
| Netherlands | 1.04% |
| Ireland | 1.91% |
| United Kingdom | -0.12% |
| Cayman Islands | 0.66% |
| Luxembourg | 0.64% |
| Canada | 0.63% |
| Uruguay | 0.31% |
| Sweden | 0.31% |
PortView Portfolio Insights
PortView analyzes how NTRL fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
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Frequently asked questions
- What does NTRL track?
- NTRL is the First Trust Merger Arbitrage ETF, a Other ETF.
- What is the expense ratio of NTRL?
- Expense ratio data for NTRL is shown on the page when available from our data provider.
- What are the largest holdings in NTRL?
- Top holdings include US Dollar, BNPFTUSO SHORT TRS 07/14/2027 - BNP, MO, SKWD, DPZ.
- How can PortView analyze NTRL overlap with other ETFs?
- PortView computes the holdings overlap between NTRL and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.