Should First Trust Dow 30 Equal Weight ETF (EDOW) Be on Your Investing Radar?

First Trust Dow 30 Equal Weight ETF (EDOW) launched on August 8, 2017 and is a passively managed ETF providing broad exposure to the Large Cap Blend segment of the US equity market. The fund uses an equal-weight methodology across the Dow 30 to reduce market-cap concentration and can serve as a diversification tool within core equity allocations.

Analysis

First Trust Dow 30 Equal Weight ETF (EDOW) launched on August 8, 2017 and is a passively managed ETF providing broad exposure to the Large Cap Blend segment of the US equity market. The fund uses an equal-weight methodology across the Dow 30 to reduce market-cap concentration and can serve as a diversification tool within core equity allocations.