First Trust RBA Deglobalization ETF

First Trust RBA Deglobalization ETF is an exchange-traded fund that tracks the Richard Bernstein Advisors U.S. Deglobalization Index, aiming to reflect the performance of U.S. companies positioned to benefit from accelerating deglobalization and related inflation dynamics. The strategy focuses on domestic-oriented businesses expected to gain from reshoring, supply chain reconfiguration, and increased local investment, as measured by the index provider’s methodology. Its targeted exposure typically emphasizes industries tied to capacity expansion and national resilience, such as industrials, energy, materials, infrastructure, aerospace and defense, and transportation, aligning with the theme’s economic underpinnings. The fund is designed to provide rules-based access to this structural shift, investing at least 80% of assets in index constituents under normal conditions, and operates as a non-diversified portfolio. Launched by First Trust with index design and oversight from Richard Bernstein Advisors, it offers a thematic lens on the evolving balance between global trade and domestic production within the U.S. equity market.