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Launched

First Trust Bloomberg R&D Leaders ETF

RNDNYSE ArcaD

$34.17+0.03 (+0.09%)

As of Oct 13, 2026, 3:59 PM

D26/ 100

Rank 39 of 43 in Other Major Indexes

D26/100Rank 39 of 43inOther Major Indexes
Intraday session: up, 77 prints from 34.14 to 34.17. Range 34.08 to 34.23. Use the arrow keys to read each point.34.0834.1034.2034.2310 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$10M
1Y total return
+17.6%
Yield · Last 12 months
0.00%
Holdings
51
Avg volume · 30D
0M sh
NAV per share
$34.17
52W range
low $26.25high $34.41
Launched

The ETF.net RND Grade

Based on 5 of 6 pillars

D

Score 26 out of 100

Category
Other Major Indexes⁠
Rank
39 of 43
Six-pillar profile for RND. Scores out of 100: Cost 21, Risk 17, Mission not scored, Tradability 47, Holdings 22, Durability 25. Strongest: Tradability (47). Weakest: Risk (17). Based on 5 of 6 pillars.

Score 26 of 100 falls in the D 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.
    F21 out of 100
    Rank 33 of 43

  • 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.
    F17 out of 100
    Rank 42 of 43

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 22 of 43

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    F22 out of 100
    Rank 41 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D25 out of 100
    Rank 35 of 43

Our read on RND

ETF.net Research

DMost 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

  1. 01Buys 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
  2. 02Concentrated on purpose: roughly 50 names, so the R&D theme actually shows through instead of getting diluted across hundreds of holdings.
  3. 03Rules, not hunches. At least 80% of assets sit in index securities, and the index rebuilds by its own published method.ftportfolios.com

Worth knowing

  1. 010.60% 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.
  2. 02Small fund, light trading. Thin markets tend to mean wider bid-ask spreads, a cost that lands on top of the expense ratio.
  3. 03Launched in 2024, so the live record is short and there is little history for judging how closely the fund shadows its index.

RND Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
51
Top-10 weight
63%
Largest holding
MSFT10.7%

Sectors

  • Technology46.8%
  • Consumer Discretionary14.7%
  • Health Care14.5%
  • Communication12.2%
  • Industrials8.7%
  • Financials1.8%
  • Consumer Staples1.2%
  • Materials0.2%

Geography

  • United States94.41%
  • Ireland5.59%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMicrosoft Corporation10.75%2,059$1M815
002AAPLApple Inc.8.71%2,654$893K715
003NVDANVIDIA Corporation8.58%3,838$880K847
004AMZNAmazon.com, Inc.8.25%3,222$846K736
005GOOGLAlphabet Inc. (Class A)7.37%2,149$756K709
006METAMeta Platforms, Inc. (Class A)4.78%682$490K704
007AMDAdvanced Micro Devices, Inc.3.92%661$402K635
008AMGNAmgen Inc.3.80%940$390K491
009LLYEli Lilly and Company3.68%320$377K583
010APHAmphenol Corporation3.63%4,262$372K454
011AVGOBroadcom Inc.3.59%1,018$368K754
012TSLATesla, Inc.3.41%913$349K521
013ETNEaton Corporation Plc2.83%676$290K333
014DEDeere & Company2.64%436$271K357
015ISRGIntuitive Surgical, Inc.2.53%612$259K410

Showing 1–15 of 51 holdings

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$11,763
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. RND $11,763. SPY $12,044. Use the arrow keys to read each point.$8,909$10,601$12,292Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+12.3%
1 month+4.3%
3 months+5.9%
1 year+17.6%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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+12.3%
2025+22.4%
2024+26.9%

History from May 1, 2024

RND in the news

Filtered to RND · Other Major Indexes

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 12, 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.
15.8%
Annualised · 28 months to Sep 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.
1.09
vs 3-month T-bills · 28 months to Sep 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.

RND Cost

Expense ratio0.60%
  • The middle half of Other Major Indexes funds
  • Median 0.29%

31 of the 42 Other Major Indexes funds charge less.

RND costs $60.00 a year on $10,000. The median Other Major Indexes fund costs $29.00.

Other funds in Other Major Indexes

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