About First Trust NYSE Arca Biotechnology Index Fund (FBT)

The First Trust NYSE Arca Biotechnology Index Fund (FBT) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield of the NYSE Arca Biotechnology Index. The index is designed to track the performance of biotechnology and pharmaceuticals companies listed on the New York Stock Exchange (NYSE) and NASDAQ Stock Market (NASDAQ). FBT offers investors exposure to a diverse range of companies involved in the research, development, manufacturing, and distribution of drugs, therapies, and other life sciences products.

With a history dating back to 2006, FBT has become a popular choice for investors looking to gain exposure to the biotechnology industry. The fund aims to provide investors with a convenient and cost-effective way to invest in a diversified portfolio of biotech stocks. FBT has a strong track record of performance, as it has consistently outperformed its benchmark index over the long term.