About First Trust Dow Jones Select MicroCap Index Fund (FDM)

The First Trust Dow Jones Select MicroCap Index Fund (FDM) is an exchange-traded fund that aims to track the performance of the Dow Jones U.S. Select MicroCap Index. This index consists of micro-cap companies, which are defined as those with a market capitalization between $50 million and $300 million. FDM provides investors with diversified exposure to this segment of the market, allowing them to potentially benefit from the growth potential of smaller companies. The fund's holdings include a wide range of industries, including technology, healthcare, consumer goods, and industrial sectors.

FDM's price history reflects the performance of the underlying index. Over the past few years, the fund has experienced fluctuations in its price, in line with the broader market trends. It is important to note that past performance does not guarantee future results. Investors should carefully consider their investment objectives and risk tolerance before investing in FDM or any other ETF. Additionally, FDM's market capitalization is subject to change based on the performance of its underlying holdings.