FTXD vs HCXY

First Trust Nasdaq Retail ETF

The investment seeks investment results that correspond generally to the price and yield of an index called the S-Network Global E-Commerce Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the index. The index includes companies that operate online stores, the companies that help potential customers find online stores, and the companies that enable e-commerce business activities, from payment processing to delivery to the consumer’s front door. It is non-diversified.