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First Trust Bloomberg R&D Leaders ETF

RNDNYSE ArcaFirst TrustF

$32.16−0.26 (−0.79%)

As of Nov 2, 2026, 3:59 PM ET

Intraday session: down, 78 prints from 32.42 to 32.16. Range 32.16 to 32.86. Use the arrow keys to read each point.32.6032.8010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$10M
1Y total return
+4.6%
Yield · Last 12 months
0.00%
Holdings
51
Avg volume · 30D
3.78K sh
52W range
low $26.25high $34.41
Launched

The ETF.net RND Grade

Based on 5 of 6 pillars

F

Score 24 out of 100

Rank
39 of 42
Six-pillar profile for RND. Scores out of 100: Cost 20, Risk 11, Mission not scored, Tradability 46, Holdings 24, Durability 24. Strongest: Tradability (46). Weakest: Risk (11). Based on 5 of 6 pillars.

Score 24 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F20 out of 100
    Rank 33 of 42
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F11 out of 100
    Rank 41 of 42
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C46 out of 100
    Rank 20 of 42
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F24 out of 100
    Rank 39 of 40
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F24 out of 100
    Rank 35 of 42

Our read on RND

ETF.net Research

In short

FMost index funds rank companies by size. RND ranks them by research budget, holding roughly 50 heavy R&D spenders picked by the Bloomberg R&D Leaders Select Index. First Trust launched it in 2024.

Stated mandate

The Fund seeks to track the price and yield performance of the Bloomberg R&D Leaders Select Index before fees and expenses, generally investing at least 80% of assets in index securities.

Why people hold it

  • Buys the research spenders directly. The Bloomberg R&D Leaders Select Index does the choosing, so lab budgets drive the portfolio instead of market cap.ftportfolios.com
  • Concentrated on purpose: roughly 50 names, so the R&D theme actually shows through instead of getting diluted across hundreds of holdings.
  • Rules, not hunches. At least 80% of assets sit in index securities, and the index rebuilds by its own published method.ftportfolios.com

Worth knowing

  • 0.60% a year is above the typical index-tracking ETF and many times what broad core trackers like SCHK (0.03%) or VXF (0.05%) charge for the whole market.
  • Small fund, light trading. Thin markets tend to mean wider bid-ask spreads, a cost that lands on top of the expense ratio.
  • Launched in 2024, so the live record is short and there is little history for judging how closely the fund shadows its index.

RND Performance

Launched Apr 30, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
RND$10,461
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. RND $10,461. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for RND. Periods over one year show the average yearly return.
PeriodRND
Year to date+6.6%
1 month−3.3%
3 months+1.7%
1 year+4.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for RND
YearReturn barRND
2026 YTD+6.6%
2025+22.4%
2024+26.9%

History from May 1, 2024

RND in the news

RND Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2024

One bar per payment. 1 payment in 2024. Dec 13, 2024 $0.01. Use the arrow keys to read each point.2024
Ex-datePay dateAmount per share
Dec 13, 2024Dec 31, 2024$0.01

RND Risk

How much the fund’s monthly returns vary, scaled to a year.
15.9%
Annualised · 29 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.95
vs 3-month T-bills · 29 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.5%
29 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.23
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

RND Cost

Overpaying vs SCHK, cheapest in Other Major Indexes

$11,179

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • RND 0.60%

    $11,817

  • SCHK 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • RND 0.60%
  • SCHK 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530RND $11,817SCHK $638

Year by year

YearRNDSCHKOverpaying
10$1,076$55$1,021
20$4,116$216$3,900
30$11,817$638$11,179

Other funds in Other Major Indexes