First Trust United Kingdom AlphaDEX Fund
ALTAR
Score™
9.4% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.8x P/Sales
ratio
1.0x
P/BV
ratio
1.4x Div.
yield
2.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust United Kingdom AlphaDEX Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined United Kingdom Index.

FUND BASICS
Category International Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date Feb 14, 2012
Assets (mns) $16
Currency USD
Expense ratio 80 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Tiered
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 75
Wgt avg mkt cap (mns) $15,633
Large cap (>$10bn) 30.2%
Mid cap ($2-10bn) 63.8%
Small cap (<$2bn) 6.1%
Developed mkts 97.7%
Emerging mkts 2.3%

TOP TEN HOLDINGS
BOOHOO.COM PLC 3.2 %
ASOS PLC 2.9 %
RIO TINTO PLC 2.9 %
AVAST PLC 2.7 %
PADDY POWER PLC 2.7 %
ANGLO AMERICAN PLC 2.5 %
WIZZ AIR HOLDINGS PLC 2.5 %
GVC HOLDINGS PLC 2.4 %
B&M EUROPEAN VALUE RETAIL SA. 2.4 %
SEGRO PLC 2.3 %
Total 26.6 %

TOP COUNTRY EXPOSURE
BRITAIN 92.1 %
IRELAND 2.8 %
LUXEMBOURG 2.4 %
SWITZERLAND 2.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-27.6% -16.5% -4.5% -- 2.5%

Market Correlations
versus... Beta R-squared
S&P500 1.35 74%
MSCI EAFE 1.57 87%
MSCI Emg. Mkts. 1.17 76%

Technical Indicators
Recent close $29.46
30d moving avg. $29.62
Annualized volatility 26.6%
Short interest (ETF) 0.8%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.7%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $5,642

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the First Trust United Kingdom AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FKU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FKU Expense: 80 bp ALTAR Score™: 9.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FKU
Ticker Fund
Name
Overlap1
vs FKU
(%)
Expense
ratio
(bp)
Savings
vs FKU
(bp)
ALTAR
Score™
(%)
ALTAR
vs FKU
(%)
FLGB Franklin FTSE United Kingdom ETF 28.3 9 71 7.7 -1.8
EWU iShares MSCI United Kingdom ETF 25.8 50 30 7.1 -2.3
QGBR SPDR MSCI UK StrategicFactors ETF 25.1 14 66 7.7 -1.8
EWUS iShares MSCI United Kingdom Small Cap ETF 20.4 59 21 8.6 -0.9
IVAL Alpha Architect International Quantitative Value ETF 12.6 59 21 10.6 +1.2
FYLD Cambria Foreign Shareholder Yield ETF 12.5 59 21 9.5 +0.1
OEUR O'shares FTSE Europe Quality Dividend ETF 11.5 48 32 6.7 -2.8
FEP First Trust Europe AlphaDEX Fund 11.4 80 0 7.9 -1.6
RFEU First Trust Riverfront Dynamic Europe ETF 11.0 83 -3 5.5 -4.0
JPEU JPMorgan Diversified Return Europe Equity ETF 10.9 37 43 7.0 -2.4
SCID Global X Scientific Beta Europe ETF 10.8 39 41 6.6 -2.9
JPIN JPMorgan Diversified Return International Equity ETF 10.4 37 43 8.1 -1.3
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 10.3 30 50 6.9 -2.5
FLEE Franklin FTSE Europe ETF 10.2 9 71 7.1 -2.3
FLEH Franklin FTSE Europe Hedged ETF 10.2 9 71 7.2 -2.3
EFV iShares MSCI EAFE Value ETF 9.9 39 41 9.7 +0.3
IEV iShares Europe ETF 9.8 59 21 6.9 -2.6
BBEU JPMorgan BetaBuilders Europe ETF 9.7 9 71 7.4 -2.0
WWJD Inspire International ESG ETF 9.7 80 0 7.7 -1.8
FIVA Fidelity International Value Factor ETF 9.6 39 41 10.2 +0.8
INTF iShares Edge MSCI Multifactor Intl ETF 9.6 30 50 8.1 -1.4
EFAS Global X MSCI SuperDividend EAFE ETF 9.6 56 24 9.8 +0.4
VGK Vanguard FTSE Europe ETF 9.6 8 72 7.5 -1.9
DBEU Xtrackers MSCI Europe Hedged Equity ETF 9.6 45 35 6.7 -2.8
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 9.5 45 35 10.2 +0.8
IEUR iShares Core MSCI Europe ETF 9.4 9 71 7.3 -2.1
IDY Pacific Global International Equity Income ETF 9.4 39 41 8.1 -1.3
FEU SPDR Portfolio Europe ETF 9.1 9 71 7.5 -2.0
PICK iShares MSCI Global Metals & Mining Producers ETF 8.8 39 41 7.7 -1.8
IVLU iShares Edge MSCI Intl Value Factor ETF 8.6 30 50 11.6 +2.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 8.5 20 60 9.6 +0.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 8.3 25 55 6.6 -2.8
DTH WisdomTree DEFA Equity Income Fund 8.2 58 22 9.9 +0.4
MXI iShares Global Materials ETF 8.1 46 34 6.2 -3.2
DDEZ WisdomTree Europe Multifactor Fund 8.0 43 37 7.1 -2.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 8.0 45 35 9.1 -0.4
EUDV ProShares MSCI Europe Dividend Growers ETF 7.9 55 25 5.7 -3.8
VYMI Vanguard International High Dividend Yield ETF 7.9 32 48 10.4 +1.0
FNDF Schwab Fundamental International Large Co. Index ETF 7.8 25 55 9.0 -0.5
GUNR Flexshares Morningstar Global Upstream Natural Resources 7.6 46 34 5.9 -3.6
EFAD ProShares MSCI EAFE Dividend Growers ETF 7.4 50 30 6.1 -3.3
GNR SPDR S&P Global Natural Resources ETF 7.3 40 40 6.7 -2.7
IEUS iShares MSCI Europe Small-Cap ETF 7.3 40 40 8.1 -1.4
DMDV AAM S&P Developed Markets High Dividend Value ETF 7.3 39 41 11.2 +1.8
EUFN iShares MSCI Europe Financials ETF 7.2 48 32 12.0 +2.5
DOO WisdomTree International Dividend ex-Financials Fund 7.2 58 22 8.9 -0.6
IQDY FlexShares International Quality Dividend Dynamic Index Fund 7.0 47 33 13.0 +3.6
JHMD John Hancock Multifactor Developed International ETF 6.9 39 41 7.6 -1.9
ISDX Invesco Strategic Developed ex-US ETF 6.8 23 57 7.7 -1.8
IDV iShares International Select Dividend ETF 6.7 49 31 10.3 +0.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 6.7 35 45 8.6 -0.8
GVAL Cambria Global Value ETF 6.7 69 11 11.0 +1.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 6.6 58 22 6.2 -3.3
DWM WisdomTree International Equity Fund 6.6 48 32 8.4 -1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 6.6 29 51 8.8 -0.6
UIVM VictoryShares USAA MSCI International Value Momentum ETF 6.5 35 45 9.0 -0.5
IQLT iShares Edge MSCI Intl Quality Factor ETF 6.5 30 50 6.2 -3.3
GSID Goldman Sachs MarketBeta International Equity ETF 6.4 20 60 7.5 -2.0
IQIN IQ 500 International ETF 6.4 25 55 9.1 -0.3
PDEV Principal International Multi-Factor Core Index ETF 6.3 25 55 8.1 -1.4
DOL WisdomTree International LargeCap Dividend Fund 6.3 48 32 8.7 -0.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 6.3 35 45 7.0 -2.4
RFDI First Trust Riverfront Dynamic Developed International ETF 6.3 83 -3 5.8 -3.7
DIM WisdomTree International MidCap Dividend Fund 6.3 58 22 7.9 -1.6
EFA iShares MSCI EAFE ETF 6.2 32 48 7.2 -2.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 6.1 7 73 7.7 -1.7
XBUY Amplify International Online Retail ETF 6.1 69 11 -1.0 -10.5
HFXI IQ 50 Percent Hedged FTSE International ETF 6.0 20 60 7.6 -1.9
IEFA iShares Core MSCI EAFE ETF 6.0 7 73 7.4 -2.0
HAP VanEck Vectors Natural Resources ETF 5.9 50 30 6.4 -3.0
SCHF Schwab International Equity ETF 5.7 6 74 7.5 -1.9
QEFA SPDR MSCI EAFE Quality Mix ETF 5.7 30 50 7.0 -2.5
IPKW Invesco International BuyBack Achievers ETF 5.6 55 25 8.8 -0.6
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 5.6 24 56 7.4 -2.1
IDEV iShares Core MSCI International Developed Markets ETF 5.6 5 75 7.4 -2.1
BKIE BNY Mellon International Equity ETF 5.4 4 76 7.6 -1.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.4 58 22 6.4 -3.1
ESGD iShares MSCI EAFE ESG Optimized ETF 5.3 20 60 7.0 -2.4
IQDG WisdomTree International Quality Dividend Growth Fund 5.3 38 42 6.5 -3.0
IQDE FlexShares International Quality Dividend Defensive Index Fd 5.3 47 33 12.5 +3.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 5.3 20 60 11.3 +1.9
VEA Vanguard FTSE Developed Markets ETF 5.2 5 75 7.6 -1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.2 39 41 8.6 -0.9
FDT First Trust Developed Markets ex-US Alphadex Fund 5.2 80 0 7.7 -1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 5.2 39 41 6.8 -2.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 5.2 35 45 7.0 -2.4
IQDF FlexShares International Quality Dividend Index Fund 5.2 47 33 12.6 +3.1
BETZ Roundhill Sports Betting & iGaming ETF 5.1 75 5 10.4 +0.9
SPDW SPDR Portfolio Developed World ex-US ETF 5.1 4 76 7.3 -2.1
IMOM Alpha Architect International Quantitative Momentum ETF 5.0 59 21 3.4 -6.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 4.9 25 55 6.7 -2.7
BLES Inspire Global Hope Large Cap ETF 4.9 52 28 6.6 -2.9
IQSI IQ Candriam ESG International Equity ETF 4.9 15 65 7.4 -2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 4.8 65 15 11.3 +1.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 4.7 20 60 7.2 -2.2
FTRI First Trust Indxx Global Natural Resources Income ETF 4.6 70 10 9.7 +0.3
LVHI Legg Mason International Low Volatility High Dividend ETF 4.6 40 40 9.3 -0.1
VEU Vanguard FTSE All-World ex-US Index Fund 4.4 8 72 7.8 -1.6
WLDR Affinity World Leaders Equity ETF 4.4 47 33 9.7 +0.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
First Trust United Kingdom AlphaDEX Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.5 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 9.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.59
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.