First Trust Nasdaq Pharmaceuticals ETF (FTXH US) – Portfolio Construction MethodologyThe underlying Nasdaq US Smart Pharmaceuticals Index targets a concentrated, factor-tilted portfolio of US pharmaceutical companies. The selection universe is US-listed common stocks classified in the pharmaceuticals industry within the Nasdaq US Benchmark Index that meet Nasdaq’s standard free-float and trading-volume investability screens. From this universe, the 30 stocks with the highest three-month average daily tradin ...