
First Trust Bloomberg R&D Leaders ETF
$32.16−0.26 (−0.79%)
- 0.60%
- $10M
- +4.6%
- 0.00%
- 3.78K sh
- low $26.25high $34.41
The ETF.net RND Grade
Score 24 out of 100
- 39 of 42
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 100Rank 33 of 42Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F11 out of 100Rank 41 of 42Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 20 of 42Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F24 out of 100Rank 39 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F24 out of 100Rank 35 of 42
Our read on RND
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
Worth knowing
RND Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | RND |
|---|---|
| Year to date | +6.6% |
| 1 month | −3.3% |
| 3 months | +1.7% |
| 1 year | +4.6% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RND |
|---|---|---|
| 2026 YTD | +6.6% | |
| 2025 | +22.4% | |
| 2024 | +26.9% |
RND in the news
RND Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
RND Risk
- 15.9%
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.
- 0.95
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.
- −23.5%
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.
- 1.23
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
Cost over time
Year by year
| Year | RND | SCHK | Overpaying |
|---|---|---|---|
| 10 | $1,076 | $55 | $1,021 |
| 20 | $4,116 | $216 | $3,900 |
| 30 | $11,817 | $638 | $11,179 |
Other funds in Other Major Indexes
- DGURUGlobal X Guru Index ETFExpense ratio 0.75%1 year return +6.3%
- DEXEQWedbush ReturnOnLeadership U.S. Large-Cap ETFExpense ratio 0.75%1 year return
- DKEMQKraneShares Public-Private Emerging Markets Internet and Technology ETFExpense ratio 0.49%1 year return −11.0%
- FGYLDArrow Dow Jones Global Yield ETFExpense ratio 0.75%1 year return +8.3%
- FNSINational Security Emerging Markets Index ETFExpense ratio 0.75%1 year return +6.7%




