FTXO - First Trust Nasdaq Bank ETF

The First Trust Nasdaq Bank ETF is an exchange-traded fund primarily designed to largely track the performance of the Nasdaq US Smart Banks Index. Its main objective is to deliver investment results, encompassing both capital appreciation and income, that generally align with the index's returns, before accounting for the fund's own operational expenses. It accomplishes this by mirroring the underlying securities and their proportional allocations within the Nasdaq US Smart Banks Index, aiming for a performance correlation of at least 95% with that benchmark.

As of Jun 30, 2026: spot at $41.31, ATM IV 18.0%, max pain $42.00, net GEX $9.6K.

Sector

Financial Services

Industry

Asset Management - Global

Market Cap

$286.9M

Beta

1.19

52-Week Range

32.57-42.21

Dividend Yield

$0.73

IPO Date

Oct 7, 2016

Exchange

NASDAQ

What FTXO Looks Like to Options Traders Today

IV rank of 1.9% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($9.6K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.005) is roughly flat across the wings.

What This Page Covers

The FTXO overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked FTXO overview questions

What is FTXO?

FTXO is the ticker symbol for First Trust Nasdaq Bank ETF, an listed exchange-traded fund. The First Trust Nasdaq Bank ETF is an exchange-traded fund primarily designed to largely track the performance of the Nasdaq US Smart Banks Index. Its main objective is to deliver investment results, encompassing both capital appreciation and income, that generally align with the index's returns, before accounting for the fund's own operational expenses. Listed on NASDAQ. FTXO is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.

What does the FTXO options snapshot look like today?

As of Jun 30, 2026, the FTXO options snapshot shows spot at $41.31, ATM IV 18.0%, IV rank 1.9%, max pain $42.00, net GEX $9.6K, expected move 5.16%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.

What are FTXO's key statistics?

First Trust Nasdaq Bank ETF (FTXO) carries a market capitalization of $286.9M, 52-week range of 32.57-42.21. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.

What sector or industry does FTXO belong to?

First Trust Nasdaq Bank ETF operates in the Financial Services sector, in the Asset Management - Global industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FTXO's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.

How current is the FTXO data on this page?

The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.