An index-tracking thematic ETF that provides exposure to companies within the nuclear power ecosystem

WHEATON, Ill.--(BUSINESS WIRE)--Jul. 31, 2025--

First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg Nuclear Power ETF (NYSE Arca: RCTR) (the “fund”).

The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Bloomberg Nuclear Power Index (the “index”). The index is designed to track the performance of companies with exposure to nuclear-related activities. Eligible companies are evaluated based on expected revenue exposure to the nuclear power ecosystem, along with operational and financial characteristics, including production scalability, capital allocation trends, customer relationships, and access to capital. Companies must also fall within one or more of the following categories as defined by Bloomberg Intelligence (“BI”): uranium, power generation, and/or equipment and engineering, procurement and construction (“EPC”) services.

“Increasing demand for clean and reliable energy to power artificial intelligence (“AI”), electric vehicles, and industrial reshoring is fueling renewed interest in nuclear power,” said Ryan Issakainen, CFA, Senior Vice President and ETF Strategist at First Trust. “RCTR offers investors a targeted strategy that seeks to provide exposure to the growing nuclear power ecosystem.”

“The Bloomberg Nuclear Power Index was developed to provide a transparent, rules-based view into the global nuclear energy value chain and includes up to 50 companies selected based on their revenue exposure to nuclear power and market capitalization," said Allison Stone, Head of Multi-Asset Index Product Management at Bloomberg Index Services Limited. "Constituents span critical segments of this landscape such as power generation, uranium, and engineering and construction services and we're excited to work with First Trust to see this delivered through an ETF wrapper."

After decades of debate, nuclear power is now gaining momentum as many technology companies have turned to it as a clean, reliable energy source to power their future innovations. With AI and data centers driving demand for electricity, nuclear power’s ability to deliver zero-carbon, around-the-clock power makes it a potentially necessary solution.

For more information about First Trust, please contact Ryan Issakainen at (630) 765-8689 or RIssakainen@FTAdvisors.com.

About First Trust

First Trust is a federally registered investment advisor and serves as the fund’s investment advisor. First Trust and its affiliate First Trust Portfolios L.P. (“FTP”), a FINRA registered broker-dealer, are privately held companies that provide a variety of investment services. First Trust has collective assets under management or supervision of approximately $278 billion as of June 30, 2025 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. First Trust is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor. FTP is also a distributor of mutual fund shares and exchange-traded fund creation units. First Trust and FTP are based in Wheaton, Illinois. For more information, visit https://www.ftportfolios.com.

You should consider a fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact First Trust Portfolios L.P. at 1-800-621-1675 or visit www.ftportfolios.com to obtain a prospectus or summary prospectus which contains this and other information about a fund. The prospectus or summary prospectus should be read carefully before investing.

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Large capitalization companies may grow at a slower rate than the overall market.

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Securities of non-U.S. issuers are subject to additional risks, including currency fluctuations, political risks, withholding, lack of liquidity, lack of adequate financial information, and exchange control restrictions impacting non-U.S. issuers.

Nuclear power companies face significant risks from accidents, security breaches, terrorism, natural disasters, and mishandling of nuclear materials. Such events could have serious consequences for the general public, especially in the case of radioactive contamination and irradiation of the environment. Nuclear infrastructure companies are also exposed to competition from "cheaper" energy sources like natural gas and oil, which can affect revenues and earnings. Additionally, nuclear operations are heavily regulated, with strict safety, environmental, and security standards that may become more stringent, increasing costs and potentially making operations unprofitable.

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Utilities companies are subject to imposition of rate caps, increased competition, difficulty in obtaining an adequate return on invested capital or in financing large construction projects, limitations on operations and increased costs attributable to environmental considerations and the capital market's ability to absorb utility debt. Utilities companies may also be affected by taxes, government regulation, international politics, price and supply fluctuations, volatile interest rates and energy conservation.

First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s). FTA is an affiliate of First Trust Portfolios L.P., the distributor of the fund(s).

The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.

"Bloomberg^®" and the indices licensed herein (the "Indices") are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the Indices (collectively, "Bloomberg") and have been licensed for use for certain purposes by First Trust Advisors L.P. (the "Licensee"). Bloomberg is not affiliated with the Licensee, and Bloomberg does not approve, endorse, review, or recommend the financial products referenced herein (the "Financial Products"). Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Indices or the Financial Products.

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Ryan Issakainen
First Trust
(630) 765-8689
RIssakainen@FTAdvisors.com

Source: First Trust Advisors L.P.