
First Trust Indxx Innovative Transaction & Process ETF (LEGR)
LEGR Price Chart
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LEGR ETF Profile
Key details and information about First Trust Indxx Innovative Transaction & Process ETF (LEGR).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
25 Jan 2018
Country
US
Description
The First Trust Indxx Innovative Transaction & Process ETF (LEGR) aims to replicate the total returns, before deducting its fees and expenses, of the Indxx Blockchain Index. To achieve this, the Fund typically allocates at least 90% of its net assets, including any borrowed funds, to the common equities and depositary receipts that constitute this underlying index. The Indxx Blockchain Index itself is crafted to monitor the progress of companies significantly involved with distributed ledger technology (blockchain). This includes firms actively utilizing, investing in, or developing blockchain solutions, as well as those with products positioned to benefit from the technology's inherent capacity to enhance efficiency across various business operations. Crucially, the Index exclusively selects companies that have dedicated substantial resources to integrating or advancing blockchain applications. Indxx, Inc., acting as the Index Provider, is responsible for the ownership, development, maintenance, and sponsorship of this Index.
LEGR ETF Performance
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