---
ticker: "FTXO"
name: "First Trust Nasdaq Bank ETF"
url: "https://etf.net/etf/FTXO"
grade: "D"
score: 39
graded_at: "2026-10-12"
category: "Banks"
category_rank: "7 of 9"
methodology: "https://etf.net/methodology"
---

# FTXO: First Trust Nasdaq Bank ETF

Grade **D**, Score 39 of 100. Rank 7 of 9 in Banks.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 18 | 8 of 9 |
| Mission | Not scored | — |
| Risk | 51 | 5 of 9 |
| Tradability | 57 | 4 of 9 |
| Holdings | 53 | 6 of 9 |
| Durability | 56 | 5 of 9 |

## Top holdings

The fund holds 51 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | C | Citigroup Inc. | 8.28% |
| 2 | WFC | Wells Fargo & Company | 8.13% |
| 3 | JPM | JPMorgan Chase & Co. | 7.86% |
| 4 | USB | U.S. Bancorp | 7.79% |
| 5 | BAC | Bank of America Corporation | 7.37% |
| 6 | FCNCA | First Citizens BancShares, Inc. (Class A) | 4.01% |
| 7 | MTB | M&T Bank Corporation | 3.91% |
| 8 | CFG | Citizens Financial Group, Inc. | 3.88% |
| 9 | PNC | The PNC Financial Services Group, Inc. | 3.85% |
| 10 | FITB | Fifth Third Bancorp | 3.81% |
| 11 | KEY | KeyCorp | 3.35% |
| 12 | RF | Regions Financial Corporation | 3.24% |
| 13 | EWBC | East West Bancorp, Inc. | 1.79% |
| 14 | SSB | SouthState Bank Corporation | 1.76% |
| 15 | FHN | First Horizon Corporation | 1.64% |
| 16 | ONB | Old National Bancorp | 1.61% |
| 17 | PB | Prosperity Bancshares, Inc. | 1.43% |
| 18 | VLY | Valley National Bancorp | 1.40% |
| 19 | UMBF | UMB Financial Corporation | 1.38% |
| 20 | ZION | Zions Bancorporation, National Association | 1.35% |
| 21 | WTFC | Wintrust Financial Corporation | 1.32% |
| 22 | BPOP | Popular, Inc. | 1.17% |
| 23 | BOKF | BOK Financial Corporation | 1.11% |
| 24 | UBSI | United Bankshares, Inc. | 1.08% |
| 25 | OZK | Bank OZK | 1.06% |
| 26 | AUB | Atlantic Union Bankshares Corporation | 0.95% |
| 27 | ASB | Associated Banc-Corp | 0.91% |
| 28 | HWC | Hancock Whitney Corporation | 0.88% |
| 29 | EBC | Eastern Bankshares, Inc. | 0.84% |
| 30 | CFR | Cullen/Frost Bankers, Inc. | 0.84% |

Source: etf.net, https://etf.net/etf/FTXO. Please cite the page URL.