First Trust RBA Deglobalization ETF

First Trust RBA Deglobalization ETF is an equity exchange-traded fund designed to provide broad exposure to companies that may benefit from deglobalization trends. The fund seeks to track the Richard Bernstein Advisors U.S. Deglobalization Index, which focuses on U.S. and international businesses positioned to gain from shifts toward local production, supply-chain diversification, and reduced dependence on cross-border trade. Its portfolio can include companies across sectors such as industrials, transportation, energy, materials, defense, infrastructure, and cybersecurity, reflecting the market areas most closely tied to these themes. The ETF uses a passive approach and is built around a diversified basket of stocks selected for their potential role in a more fragmented global economy. First Trust RBA Deglobalization ETF serves as a thematic vehicle for investors looking to access a defined segment of the equity market centered on supply-chain resilience and geopolitical realignment.