First Trust Dow Jones Select MicroCap Index Fund (FDM) Holdings
FDM holdings summary
as of Oct 23, 2026- Holdings
- 135 positions listed
- Top 10 weight
- 14.9% of net assets
- Effective holdings
- 109 equal-weight equivalent
- Largest holding
- PD 2.25% PagerDuty, Inc.
- Annual turnover
- 69.5% of the portfolio traded
Top 1014.9%
Top 2532.9%
Top 5057.1%
Top 10088.0%
All FDM holdings
135 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | PD | PagerDuty, Inc. | Technology | 2.25% | $5.9M | $1.27B | 8.0 |
| 2 | RIGL | Rigel Pharmaceuticals, Inc. | Healthcare | 1.52% | $4.0M | $858.7M | 2.7 |
| 3 | QNST | QuinStreet, Inc | Communication Services | 1.49% | $3.9M | $933.9M | 11.7 |
| 4 | APOG | Apogee Enterprises, Inc. | Industrials | 1.44% | $3.8M | $864.7M | 13.1 |
| 5 | HRTG | Heritage Insurance Holdings, Inc. | Financial Services | 1.44% | $3.8M | $1.06B | 5.1 |
| 6 | ORRF | Orrstown Financial Services, Inc. | Financial Services | 1.39% | $3.7M | $819.4M | 9.4 |
| 7 | PAHC | Phibro Animal Health Corporation | Healthcare | 1.38% | $3.7M | $1.58B | 16.0 |
| 8 | IBCP | Independent Bank Corporation | Financial Services | 1.37% | $3.6M | $733.5M | 10.3 |
| 9 | REPX | Riley Exploration Permian, Inc. | Energy | 1.33% | $3.5M | $1.06B | 8.7 |
| 10 | HIPO | Hippo Holdings Inc. | Financial Services | 1.31% | $3.5M | $931.0M | 7.6 |
| 11 | GCMG | GCM Grosvenor Inc | Financial Services | 1.29% | $3.4M | $767.7M | 24.2 |
| 12 | SMP | Standard Motor Products, Inc. | Consumer Cyclical | 1.27% | $3.4M | $825.5M | 9.4 |
| 13 | FISI | Financial Institutions, Inc. | Financial Services | 1.27% | $3.4M | $774.7M | 9.8 |
| 14 | CTO | CTO Realty Growth, Inc. | Real Estate | 1.25% | $3.3M | $770.0M | 15.0 |
| 15 | ROOT | Root, Inc. | Financial Services | 1.23% | $3.3M | $781.9M | 14.3 |
| 16 | WASH | Washington Trust Bancorp, Inc. | Financial Services | 1.22% | $3.2M | $706.9M | 12.9 |
| 17 | SENEA | Seneca Foods Corporation | Consumer Defensive | 1.21% | $3.2M | $1.15B | 9.8 |
| 18 | FLOC | Flowco Holdings Inc. | Energy | 1.20% | $3.2M | $2.05B | 14.9 |
| 19 | PGC | Peapack-Gladstone Financial Corporation | Financial Services | 1.18% | $3.1M | $769.0M | 15.1 |
| 20 | HTB | HomeTrust Bancshares, Inc. | Financial Services | 1.18% | $3.1M | $778.4M | 12.4 |
| 21 | CCBG | Capital City Bank Group, Inc. | Financial Services | 1.17% | $3.1M | $839.9M | 13.6 |
| 22 | SHBI | Shore Bancshares, Inc. | Financial Services | 1.16% | $3.1M | $752.5M | 11.4 |
| 23 | SMBC | Southern Missouri Bancorp, Inc. | Financial Services | 1.11% | $2.9M | $772.9M | 10.9 |
| 24 | CARE | Carter Bankshares, Inc. | Financial Services | 1.10% | $2.9M | $699.8M | 5.2 |
| 25 | OSPN | OneSpan Inc. | Technology | 1.10% | $2.9M | $644.9M | 9.9 |
| 26 | ACNB | ACNB Corporation | Financial Services | 1.09% | $2.9M | $644.2M | 12.0 |
| 27 | CCSI | Consensus Cloud Solutions, Inc. | Technology | 1.09% | $2.9M | $648.0M | 7.7 |
| 28 | PFIS | Peoples Financial Services Corp. | Financial Services | 1.05% | $2.8M | $683.7M | 12.1 |
| 29 | SPFI | South Plains Financial, Inc. | Financial Services | 1.04% | $2.8M | $820.1M | 11.9 |
| 30 | AROW | Arrow Financial Corporation | Financial Services | 1.03% | $2.7M | $682.6M | 11.9 |
| 31 | BHB | Bar Harbor Bankshares | Financial Services | 1.03% | $2.7M | $640.6M | 12.9 |
| 32 | GSBC | Great Southern Bancorp, Inc. | Financial Services | 1.02% | $2.7M | $850.6M | 13.0 |
| 33 | FBIZ | First Business Financial Services, Inc. | Financial Services | 1.01% | $2.7M | $590.1M | 10.8 |
| 34 | ADAM | New York Mortgage Trust, Inc. | Real Estate | 1.01% | $2.7M | $686.7M | 4.5 |
| 35 | EVER | EverQuote, Inc | Communication Services | 1.01% | $2.7M | $767.9M | 7.1 |
| 36 | TCBX | Third Coast Bancshares, Inc. | Financial Services | 0.99% | $2.6M | $691.2M | 10.3 |
| 37 | PMT | PennyMac Mortgage Investment Trust | Real Estate | 0.98% | $2.6M | $641.8M | 4.8 |
| 38 | CIVB | Civista Bancshares, Inc. | Financial Services | 0.96% | $2.5M | $558.3M | 10.0 |
| 39 | IIIN | Insteel Industries, Inc. | Industrials | 0.96% | $2.5M | $574.2M | 15.9 |
| 40 | SCHL | Scholastic Corporation | Communication Services | 0.96% | $2.5M | $693.5M | 26.5 |
| 41 | IRWD | Ironwood Pharmaceuticals, Inc. | Healthcare | 0.94% | $2.5M | $578.3M | 4.5 |
| 42 | BCAL | Southern California Bancorp | Financial Services | 0.94% | $2.5M | $699.6M | 11.8 |
| 43 | JBSS | John B. Sanfilippo & Son, Inc. | Consumer Defensive | 0.94% | $2.5M | $780.7M | 12.7 |
| 44 | 7M20 | INVESCO MORTGA.CAP.DL-01 | Other | 0.91% | $2.4M | — | — |
| 45 | SFST | Southern First Bancshares, Inc. | Financial Services | 0.90% | $2.4M | $566.5M | 12.9 |
| 46 | KRNY | Kearny Financial Corp. | Financial Services | 0.88% | $2.3M | $566.7M | 15.7 |
| 47 | EBF | Ennis, Inc. | Industrials | 0.88% | $2.3M | $566.1M | 14.6 |
| 48 | CSV | Carriage Services, Inc. | Consumer Cyclical | 0.86% | $2.3M | $574.9M | 12.9 |
| 49 | TKM | Arbutus Biopharma Corp | Other | 0.85% | $2.2M | — | — |
| 50 | CRMD | CorMedix Inc. | Healthcare | 0.84% | $2.2M | $565.9M | 3.5 |
| 51 | NRIM | Northrim BanCorp, Inc. | Financial Services | 0.83% | $2.2M | $523.9M | 9.5 |
| 52 | LOCO | El Pollo Loco Holdings, Inc. | Consumer Cyclical | 0.80% | $2.1M | $497.3M | 14.0 |
| 53 | BWB | Bridgewater Bancshares, Inc. | Financial Services | 0.78% | $2.1M | $574.4M | 11.2 |
| 54 | BSRR | Sierra Bancorp | Financial Services | 0.78% | $2.1M | $513.2M | 11.6 |
| 55 | FMAO | Farmers & Merchants Bancorp, Inc. | Financial Services | 0.77% | $2.0M | $486.5M | 12.2 |
| 56 | COFS | ChoiceOne Financial Services, Inc. | Financial Services | 0.77% | $2.0M | $495.0M | 9.0 |
| 57 | CBNK | Capital Bancorp, Inc. | Financial Services | 0.76% | $2.0M | $645.2M | 11.6 |
| 58 | ETD | Ethan Allen Interiors Inc. | Consumer Cyclical | 0.74% | $2.0M | $504.8M | 12.8 |
| 59 | WTBA | West Bancorporation, Inc. | Financial Services | 0.74% | $2.0M | $497.5M | 13.0 |
| 60 | ITIC | Investors Title Company | Financial Services | 0.74% | $2.0M | $547.7M | 13.6 |
| 61 | SD | SandRidge Energy, Inc. | Energy | 0.74% | $2.0M | $529.1M | 6.4 |
| 62 | TRTX | TPG RE Finance Trust, Inc. | Real Estate | 0.74% | $2.0M | $444.5M | 10.5 |
| 63 | RBB | RBB Bancorp | Financial Services | 0.71% | $1.9M | $435.6M | 10.6 |
| 64 | OBT | Orange County Bancorp, Inc. | Financial Services | 0.71% | $1.9M | $498.6M | 10.4 |
| 65 | 73V0 | PONCE FIN. GROUP DL -01 | Financial Services | 0.71% | $1.9M | — | — |
| 66 | CBAN | Colony Bankcorp, Inc. | Financial Services | 0.71% | $1.9M | $419.5M | 12.0 |
| 67 | PBYI | Puma Biotechnology, Inc. | Healthcare | 0.70% | $1.9M | $507.4M | 19.3 |
| 68 | FLXS | Flexsteel Industries, Inc. | Consumer Cyclical | 0.69% | $1.8M | $343.7M | 13.8 |
| 69 | UNTY | Unity Bancorp, Inc. | Financial Services | 0.67% | $1.8M | $567.8M | 9.3 |
| 70 | HBCP | Home Bancorp, Inc. | Financial Services | 0.67% | $1.8M | $518.7M | 11.0 |
| 71 | FRBA | First Bank | Financial Services | 0.66% | $1.8M | $440.6M | 10.4 |
| 72 | BWFG | Bankwell Financial Group, Inc. | Financial Services | 0.66% | $1.7M | $522.5M | 12.2 |
| 73 | OPRT | Oportun Financial Corporation | Financial Services | 0.66% | $1.7M | $417.6M | 22.7 |
| 74 | PLBC | Plumas Bancorp | Financial Services | 0.66% | $1.7M | $432.2M | 12.1 |
| 75 | VLGEA | Village Super Market, Inc. | Consumer Defensive | 0.62% | $1.7M | $645.9M | 12.3 |
| 76 | MAX | MediaAlpha Inc. | Communication Services | 0.62% | $1.6M | $609.2M | 7.1 |
| 77 | FRST | Primis Financial Corp. | Financial Services | 0.60% | $1.6M | $383.6M | 7.2 |
| 78 | TSBK | Timberland Bancorp, Inc. | Financial Services | 0.60% | $1.6M | $354.1M | 11.4 |
| 79 | ISTR | Investar Holding Corporation | Financial Services | 0.60% | $1.6M | $397.1M | 11.9 |
| 80 | NPB | Northpointe Bancshares, Inc. | Financial Services | 0.58% | $1.5M | $536.7M | 6.7 |
| 81 | AII | American Integrity Insurance Group, Inc. | Financial Services | 0.57% | $1.5M | $538.9M | 6.2 |
| 82 | MVBF | MVB Financial Corp. | Financial Services | 0.57% | $1.5M | $378.4M | 9.8 |
| 83 | PKBK | Parke Bancorp, Inc. | Financial Services | 0.57% | $1.5M | $380.4M | 8.4 |
| 84 | CENT | Central Garden & Pet Company | Consumer Defensive | 0.56% | $1.5M | $2.63B | 15.6 |
| 85 | DGICA | Donegal Group Inc. | Financial Services | 0.55% | $1.5M | $692.1M | 9.7 |
| 86 | WSBF | Waterstone Financial, Inc. | Financial Services | 0.52% | $1.4M | $357.9M | 11.5 |
| 87 | CHMG | Chemung Financial Corporation | Financial Services | 0.51% | $1.4M | $388.2M | 11.6 |
| 88 | RCKY | Rocky Brands, Inc. | Consumer Cyclical | 0.51% | $1.3M | $343.0M | 12.0 |
| 89 | CRCT | Cricut, Inc. | Technology | 0.50% | $1.3M | $1.35B | 15.7 |
| 90 | FCCO | First Community Corporation | Financial Services | 0.50% | $1.3M | $305.9M | 12.1 |
| 91 | FRD | Friedman Industries, Incorporated | Basic Materials | 0.49% | $1.3M | $292.0M | 10.5 |
| 92 | NEWT | NewtekOne, Inc. | Financial Services | 0.48% | $1.3M | $318.0M | 5.0 |
| 93 | ALTO | Alto Ingredients, Inc. | Basic Materials | 0.47% | $1.3M | $267.6M | 5.1 |
| 94 | ACIC | American Coastal Insurance Corporation | Financial Services | 0.47% | $1.2M | $524.7M | 5.5 |
| 95 | QUAD | Quad/Graphics, Inc. | Industrials | 0.46% | $1.2M | $486.3M | 14.3 |
| 96 | ATLO | Ames National Corporation | Financial Services | 0.46% | $1.2M | $284.9M | 12.5 |
| 97 | TWIN | Twin Disc, Incorporated | Industrials | 0.46% | $1.2M | $355.8M | 13.2 |
| 98 | NGVC | Natural Grocers by Vitamin Cottage, Inc. | Consumer Defensive | 0.45% | $1.2M | $705.4M | 14.9 |
| 99 | RM | Regional Management Corp. | Financial Services | 0.45% | $1.2M | $317.1M | 7.2 |
| 100 | RMR | The RMR Group Inc. | Real Estate | 0.45% | $1.2M | $312.9M | 15.9 |
| 101 | FRAF | Franklin Financial Services Corporation | Financial Services | 0.44% | $1.2M | $282.3M | 11.5 |
| 102 | PRTH | Priority Technology Holdings, Inc. | Technology | 0.44% | $1.2M | $644.9M | 11.7 |
| 103 | ISBA | Isabella Bank Corporation | Financial Services | 0.44% | $1.2M | $280.1M | 13.5 |
| 104 | STRT | Strattec Security Corporation | Consumer Cyclical | 0.43% | $1.1M | $241.0M | 12.1 |
| 105 | FVCB | FVCBankcorp, Inc. | Financial Services | 0.42% | $1.1M | $315.6M | 12.2 |
| 106 | MYFW | First Western Financial, Inc. | Financial Services | 0.40% | $1.1M | $287.6M | 15.8 |
| 107 | REFI | Chicago Atlantic Real Estate Finance, Inc. | Real Estate | 0.40% | $1.1M | $238.5M | 6.8 |
| 108 | FXNC | First National Corporation | Financial Services | 0.39% | $1.0M | $267.3M | 12.3 |
| 109 | PANL | Pangaea Logistics Solutions, Ltd. | Industrials | 0.39% | $1.0M | $498.3M | 10.4 |
| 110 | AGEN | Agenus Inc. | Healthcare | 0.38% | $1.0M | $272.8M | 2.6 |
| 111 | OVLY | Oak Valley Bancorp | Financial Services | 0.38% | $1.0M | $285.6M | 12.0 |
| 112 | INR | Infinity Natural Resources, Inc. | Energy | 0.38% | $1.0M | $249.2M | 4.5 |
| 113 | LEGH | Legacy Housing Corporation | Consumer Cyclical | 0.38% | $1.0M | $651.4M | 12.7 |
| 114 | COSO | CoastalSouth Bancshares, Inc. | Financial Services | 0.38% | $1.0M | $318.6M | 12.0 |
| 115 | FNRN | First Northern Community Bancorp | Financial Services | 0.38% | $1.0M | $274.6M | 12.9 |
| 116 | PPIH | Perma-Pipe International Holdings, Inc. | Industrials | 0.38% | $1.0M | $228.7M | 14.7 |
| 117 | KINS | Kingstone Companies, Inc. | Financial Services | 0.36% | $946,717.03 | $270.6M | 7.6 |
| 118 | CMTV | Community Bancorp. | Financial Services | 0.35% | $928,190.28 | $232.1M | 12.6 |
| 119 | PEBK | Peoples Bancorp of North Carolina, Inc. | Financial Services | 0.35% | $919,985.57 | $235.8M | 12.2 |
| 120 | TG | Tredegar Corporation | Industrials | 0.35% | $919,720.90 | $273.0M | 8.3 |
| 121 | HMH | HMH Holding Inc. | Energy | 0.34% | $892,724.78 | $206.3M | 25.4 |
| 122 | EFSI | Eagle Financial Services Inc | Financial Services | 0.33% | $885,578.75 | $248.4M | 13.2 |
| 123 | FGNA | FG New America Acquisition Corp | Financial Services | 0.33% | $865,199.32 | — | — |
| 124 | QTTB | Q32 Bio Inc. | Healthcare | 0.30% | $805,913.71 | $223.9M | 2.4 |
| 125 | MRBK | Meridian Corporation | Financial Services | 0.30% | $801,943.69 | $220.8M | 10.1 |
| 126 | VEL | Velocity Financial, Inc. | Financial Services | 0.30% | $792,680.32 | $580.8M | 5.3 |
| 127 | CZWI | Citizens Community Bancorp, Inc. | Financial Services | 0.29% | $774,947.57 | $204.8M | 16.2 |
| 128 | RCMT | RCM Technologies, Inc. | Industrials | 0.29% | $770,977.55 | $266.7M | 16.3 |
| 129 | CFBK | CF Bankshares Inc. | Financial Services | 0.28% | $752,715.47 | $217.5M | 11.5 |
| 130 | OVBC | Ohio Valley Banc Corp. | Financial Services | 0.25% | $664,051.73 | $216.7M | 15.3 |
| 131 | EBMT | Eagle Bancorp Montana, Inc. | Financial Services | 0.25% | $664,051.73 | $167.0M | 10.2 |
| 132 | BRCC | BRC Inc. | Financial Services | 0.23% | $606,089.46 | $252.5M | — |
| 133 | PNRG | PrimeEnergy Resources Corporation | Energy | 0.21% | $563,477.93 | $327.5M | 19.9 |
| 134 | ESP | Espey Mfg. & Electronics Corp. | Industrials | 0.20% | $540,716.49 | $159.4M | 14.3 |
| 135 | PDEX | Pro-Dex, Inc. | Healthcare | 0.16% | $423,468.62 | $188.4M | 14.1 |
Weights as a percentage of net assets. Value held = weight × net assets ($264.7M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
FDM sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 57.2% | 79 | HRTG, ORRF, IBCP |
| Healthcare | 6.2% | 8 | RIGL, PAHC, IRWD |
| Industrials | 5.8% | 10 | APOG, IIIN, EBF |
| Consumer Cyclical | 5.7% | 8 | SMP, CSV, LOCO |
| Technology | 5.4% | 5 | PD, OSPN, CCSI |
| Real Estate | 4.8% | 6 | CTO, ADAM, PMT |
| Energy | 4.2% | 6 | REPX, FLOC, SD |
| Communication Services | 4.1% | 4 | QNST, EVER, SCHL |
| Consumer Defensive | 3.8% | 5 | SENEA, JBSS, VLGEA |
| Other | 1.8% | 2 | 7M20, TKM |
| Basic Materials | 1.0% | 2 | FRD, ALTO |
Sum of the weights of the holdings in each sector.
FDM top industries
Banks - Regional
46.6%
Insurance - Property & Casualty
5.9%
Biotechnology
3.7%
REIT - Mortgage
3.1%
Packaged Foods
2.7%
Oil & Gas E&P
2.7%
Software - Infrastructure
2.6%
Drug Manufacturers - Specialty & Generic
2.3%
Software - Application
2.2%
Building Products & Equipment
1.8%
Auto Parts
1.7%
Internet Content & Information
1.6%
Oil & Gas Equipment & Services
1.5%
Advertising Agencies
1.5%
Furnishings, Fixtures & Appliances
1.4%
FDM overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 2.1% | 130 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.1% | 134 of 2,941 | 0.03% |
| VXUS | Vanguard Total International Stock ETF | 0.0% | 1 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the FDM portfolio
First Trust Dow Jones Select MicroCap Index Fund holds 135 positions. The ten largest make up 14.9% of the fund and the top 50 57.1%, so it behaves like a portfolio of about 109 equally weighted stocks. The biggest positions are PagerDuty, Inc. (2.25%), Rigel Pharmaceuticals, Inc. (1.52%), QuinStreet, Inc (1.49%), Apogee Enterprises, Inc. (1.44%), Heritage Insurance Holdings, Inc. (1.44%).
By sector, Financial Services is 57.2%, Healthcare is 6.2%, Industrials is 5.8%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 23, 2026; positions change as the fund rebalances.
Related: FDM chart, FDM performance, FDM dividends, FDM valuation, FDM overview.
FDM holdings FAQ
How many holdings does FDM have?
FDM holds 135 positions as of October 23, 2026.
What are the top 10 holdings of FDM?
The ten largest holdings are PagerDuty, Inc. (2.25%), Rigel Pharmaceuticals, Inc. (1.52%), QuinStreet, Inc (1.49%), Apogee Enterprises, Inc. (1.44%), Heritage Insurance Holdings, Inc. (1.44%), Orrstown Financial Services, Inc. (1.39%), Phibro Animal Health Corporation (1.38%), Independent Bank Corporation (1.37%), Riley Exploration Permian, Inc. (1.33%), Hippo Holdings Inc. (1.31%). Together they are 14.9% of the fund.
What percentage of FDM is PagerDuty, Inc.?
PagerDuty, Inc. is the largest holding at 2.25% of net assets, about $5.9M of the fund's $264.7M.
Which sector is the largest in FDM?
Financial Services is the largest sector at 57.2%, followed by Healthcare (6.2%) and Industrials (5.8%), based on the sectors of the individual holdings.
How concentrated is FDM?
The top 10 holdings are 14.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) FDM behaves like a portfolio of about 109 equally weighted stocks.