Is First Trust NASDAQ Transportation ETF (FTXR) a Strong ETF Right Now?

Designed to provide broad exposure to the Industrials ETFs category of the market, the First Trust NASDAQ Transportation ETF (FTXR) is a smart beta exchange traded fund launched on 09/20/2016.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicati ...