First Trust Nasdaq Food & Beverage ETF (FTXG) Valuation
FTXG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 33.8 trailing earnings
- Forward P/E
- 14.4 analyst estimates
- Price / sales
- 1.10
- Price / book
- 2.20
- EV / EBITDA
- 13.4
- Earnings yield
- 2.96% inverse of P/E
- Dividend yield
- 3.29% of the holdings
- Return on equity
- 6.5% combined
- Net margin
- 3.3% combined
- Beta
- 0.41 weighted, vs S&P 500
FTXG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FTXG | 33.8 | 14.4 | 1.10 | 2.20 | 3.29% | 6.5% | 3.3% | 11.4% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FTXG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Defensive | 100.5% | 34.3 | 14.4 | 1.10 | 2.20 | 3.28% | 6.4% |
| Basic Materials | 0.4% | 8.0 | 19.1 | 1.73 | 2.13 | 5.59% | 26.8% |
FTXG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FTXG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FTXG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| KO | The Coca-Cola Company | 9.13% | 28.2 | 25.3 | 8.1 | 2.26% | 10.98% |
| MDLZ | Mondelez International, Inc. | 8.67% | 23.5 | 18.2 | 2.1 | 3.25% | 12.51% |
| PEP | PepsiCo, Inc. | 8.21% | 16.5 | 14.9 | 1.8 | 4.50% | 16.84% |
| KHC | The Kraft Heinz Company | 7.74% | — | 11.1 | 1.1 | 6.76% | −31.79% |
| ADM | Archer-Daniels-Midland Company | 6.19% | 22.6 | 15.6 | 0.5 | 2.52% | 9.27% |
| KDP | Keurig Dr Pepper Inc. | 4.46% | 35.0 | 12.5 | 2.3 | 2.66% | 4.32% |
| STZ | Constellation Brands, Inc. | 4.44% | 11.8 | 10.0 | 2.4 | 3.14% | 12.79% |
| HSY | The Hershey Company | 4.27% | 23.3 | 17.8 | 2.8 | 3.40% | 6.20% |
| TSN | Tyson Foods, Inc. | 4.20% | 33.9 | 11.2 | 0.3 | 3.72% | 4.20% |
| MNST | Monster Beverage Corporation | 4.16% | 42.3 | 33.7 | 9.7 | — | 3.33% |
| SJM | The J. M. Smucker Company | 3.96% | 59.5 | 12.0 | 1.5 | 3.52% | 2.25% |
| GIS | General Mills, Inc. | 3.62% | — | 11.5 | 1.0 | 7.36% | −6.07% |
| USFD | US Foods Holding Corp. | 3.43% | 31.4 | 17.0 | 0.5 | — | 3.70% |
| BF.B | Brown-Forman Corporation | 2.82% | 18.6 | 15.6 | 3.4 | 3.20% | 5.13% |
| MKC | McCormick & Company, Incorporated | 2.79% | 8.4 | 14.3 | 1.6 | 4.14% | 11.30% |
| DAR | Darling Ingredients Inc. | 2.78% | 16.5 | 11.7 | 1.5 | — | 5.69% |
| COKE | Coca-Cola Consolidated, Inc. | 2.69% | 27.9 | 17.4 | 1.8 | 0.48% | 3.27% |
| HRL | Hormel Foods Corporation | 2.56% | 32.9 | 12.9 | 0.9 | 5.74% | 2.64% |
| LW | Lamb Weston Holdings, Inc. | 2.37% | 29.3 | 14.7 | 1.1 | 2.84% | 2.74% |
| BG | Bunge Limited | 2.32% | 21.1 | 9.6 | 0.2 | 2.71% | 3.72% |
| CPB | Campbell Soup Company | 2.30% | 15.2 | 11.9 | 0.6 | 5.03% | 5.15% |
| INGR | Ingredion Incorporated | 1.81% | 10.7 | 8.4 | 0.9 | 3.39% | 5.76% |
| PRMB | Primo Brands Corporation | 1.77% | 65.7 | 13.3 | 1.1 | 2.43% | 0.91% |
| CALM | Cal-Maine Foods, Inc. | 0.99% | 51.7 | 19.8 | 1.2 | 3.85% | 0.65% |
| LANC | Lancaster Colony Corporation | 0.69% | — | — | — | — | — |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FTXG valuation
Adding up its 28 holdings with company data, FTXG trades at 33.8 times trailing earnings and 14.4 times analysts' forward estimates, with a price-to-book ratio of 2.20 and a dividend yield of 3.29%. Its earnings yield of 2.96% is 2.37 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 61.5% of the fund and earn 48.7% of its combined profit. By sector, Consumer Defensive is the most expensive at 34.3 times earnings and Basic Materials the cheapest at 8.0. Companies that lost money over the past year are 11.4% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FTXG chart, FTXG performance, FTXG holdings, FTXG dividends.
FTXG valuation FAQ
What is the P/E ratio of FTXG?
Based on its holdings, FTXG has a trailing P/E of 33.8 and a forward P/E of 14.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FTXG?
The trailing earnings yield is 2.96% (1 ÷ P/E) and the forward earnings yield 6.94%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FTXG more expensive than the S&P 500?
FTXG trades at 33.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.4 and 19.9.
What is the price-to-book ratio of FTXG?
The holdings of FTXG trade at 2.20 times book value, with a combined return on equity of 6.5%.
Which sector in FTXG has the highest P/E?
Consumer Defensive has the highest P/E at 34.3 and Basic Materials the lowest at 8.0.