First Trust Feature | Nasdaq Dorsey Wright

First Trust Feature

Published: July 8, 2026

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

There is a change to the First Trust Thematic Focus Five Model (Total Return) this week as it is removing QCLN and adding FBT.

There is a change to the First Trust Thematic Focus Five Model (Total Return) this week as it is removing the First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN.TR) for falling below the sell threshold within the model’s total return relative strength matrix. In its place, the model is adding the First Trust NYSE Arca Biotechnology Index Fund (FBT.TR), which is the highest ranked fund within the total return relative strength matrix not already owned.

On both the price and total return trend charts, FBT has maintained a buy signal and positive trend for 12 months or more, and recent action has witnessed both charts move to new all-time chart highs. The fund also has sustained an acceptable fund score north of 3.0 since September last year and currently possesses a strong 5.79 fund score (out of 6).

With the change, the Thematic Focus Five Model will rebalance the five holdings to equally weighted at 20%, and maintain exposure to the Indxx NextG (NXTG), Smart Grid Infrastructure (GRID), Cybersecurity (CIBR), Future Vehicles & Technology (CARZ), and Biotechnology (FBT). Year-to-date, the Thematic Model has gained more than 12% on a total return basis, outpacing the S&P 500 (Total Return) (TR.SPXX) by 2.5% (thru 7/7).

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**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. First Trust has arranged with Dorsey, Wright to provide this specialized ETF page on the First Trust ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including First Trust ETF shares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither First Trust nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations and rules, including NASD Rules 2090 and 2111 (Know Your Customer). The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or First Trust. If you are not familiar with Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the First Trust ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.ftportfolios.com.