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XPND

GradeCNew York Stock Exchange Arca

First Trust Expanded Technology ETF

Active Equity · First Trust · Inception 2021-06-14 · SEC filings

$39.59−0.19 (−0.47%)

As of Sep 23, 2026, 12:57 PM EDT

Intraday session: down, 6 prints from 39.78 to 39.59. Range 39.59 to 39.72. Use the arrow keys to read each point.$39.65$39.7010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$40M
1Y return
+8.3%
Yield · Last 12 months
0.08%
Holdings
50
Volume · 30D
0M sh
NAV per share
$39.73
52W range
low $31.65high $42.34

The ETF.net XPND Grade

C

49/ 100

Rank 18 of 35 in US Active Sector⁠

Confidence High

Six-pillar profile for XPND. Scores out of 100: Cost 49, Risk 32, Mission 85, Tradability 48, Holdings 70, Durability 66. Strongest: Mission (85). Weakest: Risk (32). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 49
    Category rank20/35 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 85
    Category rank1/9 · top 11%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 32
    Category rank29/35 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank20/35 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 70
    Category rank10/35 · top 29%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank11/35 · top 31%

Graded as of Sep 22, 2026

Our read on XPND

ETF.net Research

CMost tech ETFs stop at the GICS sector line. XPND steps over it, adding tech-dependent names from financials and communication services, then lets a quant model cut the field to about 50 large caps.

Stated mandate

The Fund seeks long-term capital appreciation. It normally invests at least 80% of net assets in U.S.-listed common stocks of information-technology companies and technology-dependent companies in financials and communication services, using an active quantitative model.

Why people hold it

  1. 01Defines tech by what a company runs on, not its sector label: at least 80% of net assets in US tech plus tech-dependent financials and communication services names.ftportfolios.com
  2. 02Active quant model starts with a large-cap universe and ranks it on operating and financial metrics such as return on equity, momentum and free cash flow growth.businesswire.com
  3. 03Does what the label says: the portfolio lines up closely with the mandate in its prospectus, and it has run this way since launching in 2021.ftportfolios.com

Worth knowing

  1. 01Roughly 50 stocks in one theme. Concentration is the whole point, and it swings harder than a broad-market fund in both directions.
  2. 02A small fund that trades lightly, so bid-ask spreads can run wider than on mega-cap tech ETFs. Limit orders matter more here.
  3. 030.65% is median for active US equity ETFs, but broad active core peers such as DFAU (0.12%) and AVLC (0.15%) charge a fraction of it.

XPND Holdings

As of Sep 21, 2026, 5:17 PM
Asset class
Stocks
Holdings
50
Top-10 weight
45%
Largest holding
AAPL4.8%

Sectors

  • Technology75.2%
  • Communication13.8%
  • Financials11.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AAPLApple Inc.4.85%5,583$2M707
002GOOGLAlphabet Inc. (Class A)4.71%5,213$2M704
003NVDANVIDIA Corporation4.60%8,012$2M828
004CSCOCisco Systems, Inc.4.53%16,010$2M567
005MSFTMicrosoft Corporation4.45%3,487$2M792
006VVisa Inc. (Class A)4.44%4,663$2M550
007AMATApplied Materials, Inc.4.43%3,859$2M558
008AVGOBroadcom Inc.4.41%4,776$2M732
009MAMastercard Incorporated4.38%3,002$2M512
010LRCXLam Research Corporation4.37%5,867$2M591
011PLTRPalantir Technologies Inc. (Class A)4.35%9,491$2M503
012PANWPalo Alto Networks, Inc.4.35%4,629$2M486
013NFLXNetflix, Inc.4.05%21,825$2M493
014ANETArista Networks, Inc.3.79%7,351$1M490
015TXNTexas Instruments Incorporated3.67%5,323$1M497

Showing 1–15 of 51 holdings

XPND Performance

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

XPND$10,834
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. XPND $10,834. SPY $11,723. Use the arrow keys to read each point.$8,366$10,190$12,013Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 XPND. Periods over one year show the average yearly return.
PeriodXPND
Year to date+10.2%
1 month+1.6%
3 months−3.7%
1 year+8.3%
3 years+25.0%per year
5 years+13.6%per year
10 yearsFund is under 10 years old—per 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 XPND
YearReturn barXPND
2026 YTD+10.2%
2025+18.8%
2024+29.6%
2023+46.1%
2022−29.7%
2021+15.9%

History from Jun 16, 2021

XPND in the news

ETF.net Research hasn’t filed on XPND yet — coverage lands here as it’s written.

XPND 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 Sep 22, 2026.
0.08%Last 12 months
Payout per share
$0.03Last 12 months
Last payment
$0.008 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2022–2026

One bar per payment. 13 payments from 2022 to 2026 YTD. Mar 25, 2022 $0.007; Jun 24, 2022 $0.0063; Sep 23, 2022 $0.01; Dec 23, 2022 $0.03; Mar 24, 2023 $0.02; Jun 27, 2023 $0.01; Dec 22, 2023 $0.01; Mar 21, 2024 $0.0061; Dec 13, 2024 $0.03; Jun 26, 2025 $0.02; Dec 12, 2025 $0.01; Mar 26, 2026 $0.0099; Jun 25, 2026 $0.008. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Jun 25, 2026Jun 30, 2026$0.008
Mar 26, 2026Mar 31, 2026$0.0099
Dec 12, 2025Dec 31, 2025$0.01
Jun 26, 2025Jun 30, 2025$0.02
Dec 13, 2024Dec 31, 2024$0.03
Mar 21, 2024Mar 28, 2024$0.0061
Dec 22, 2023Dec 29, 2023$0.01
Jun 27, 2023Jun 30, 2023$0.01
Mar 24, 2023Mar 31, 2023$0.02
Dec 23, 2022Dec 30, 2022$0.03
Sep 23, 2022Sep 30, 2022$0.01
Jun 24, 2022Jun 30, 2022$0.0063

XPND Risk

How much the fund’s monthly returns vary, scaled to a year.
18.9%
Annualised · 36 months to Aug 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.
0.91
vs 3-month T-bills · to Aug 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.
−38.0%
Trough Oct 2022
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.
1.27
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.

XPND Cost

Expense ratio0.65%
  • The middle half of US Active Sector funds
  • Median 0.65%

14 of the 33 US Active Sector funds charge less.

XPND costs $65.00 a year on $10,000. The median US Active Sector fund costs $65.00.