First Trust US Equity Opportunities ETF (FPX)

First Solar designs and manufactures solar photovoltaic panels, modules, and systems primarily for use in utility-scale projects. Its modules use cadmium telluride, rather than the crystalline silicon used by most of the industry to convert sunlight into electricity. The technology does not rely on Chinese crystalline silicon supply chains. Its primary manufacturing is in the US. It has additional factories in India, Malaysia, and Vietnam. Its primary markets are the US and India.

Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet after the pandemic as of May 2022. With 16 passenger vessels on order among its brands through 2037, representing 43,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.

Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke route network that is more focused on international and long-haul travel, especially across the Pacific, than its large US peers.