About First Trust Exchange-Traded Fund VIII - First Trust Expanded Technology ETF (XPND)

First Trust Exchange-Traded Fund VIII - First Trust Expanded Technology ETF (XPND) is an exchange-traded fund that seeks to provide investors with exposure to the technology sector. The fund aims to track the performance of the NASDAQ Technology Sector Index, which is comprised of companies in the technology industry. XPND is designed to provide investors with a diversified portfolio of technology stocks, including both large-cap and mid-cap companies. This ETF offers investors the opportunity to gain exposure to the rapidly growing technology sector, which has been a key driver of economic growth and innovation in recent years.

XPND has a market cap of $X.XX billion, indicating its size and popularity among investors. The fund has a price-to-earnings growth (PEG) ratio of X.XX, which suggests that it may be undervalued compared to its expected earnings growth. This can make XPND an attractive investment option for investors looking for value in the technology sector. When comparing XPND to its industry peers, it is important to consider its performance relative to the broader technology sector. XPND has outperformed the industry average over the past year, which is a positive sign for investors.