First Trust Large Cap Growth AlphaDEX Fund
ALTAR
Score™
2.4% info Recommen-
dation
AVOID
2020E    2021E
P/E
ratio
43.9x P/Sales
ratio
5.4x
P/BV
ratio
9.4x Div.
yield
0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Large Cap Growth Opportunities AlphaDEX Fund seeks investment results that correspond to the Defined Large Cap Growth Opportunities.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date May 08, 2007
Assets (mns) $1,058
Currency USD
Expense ratio 61 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 188
Wgt avg mkt cap (mns) $94,079
Large cap (>$10bn) 95.2%
Mid cap ($2-10bn) 4.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PINTEREST, INC. CLASS A 1.4 %
TRADE DESK, INC. CLASS A 1.3 %
ROKU, INC. CLASS A 1.2 %
SNAP, INC. CLASS A 1.1 %
HUBSPOT INC 1.1 %
TWILIO, INC. CLASS A 1.0 %
CATALENT INC 1.0 %
SQUARE, INC. CLASS A 1.0 %
AVANTOR, INC. 1.0 %
ETSY, INC. 1.0 %
Total 11.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %
IRELAND 1.5 %
BERMUDA 0.5 %
SWITZERLAND 0.2 %
BRITAIN 0.2 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
13.7% 18.1% 11.8% 12.8% 8.6%

Market Correlations
versus... Beta R-squared
S&P500 1.03 91%
MSCI EAFE 1.03 75%
MSCI Emg. Mkts. 0.74 61%

Technical Indicators
Recent close $89.70
30d moving avg. $87.52
Annualized volatility 19.3%
Short interest (ETF) 0.3%
Short interest (Underlying) 3.4%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 51
Turnover 0.4%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $130,664

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: FTC Expense: 61 bp ALTAR Score™: 2.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTC
Ticker Fund
Name
Overlap1
vs FTC
(%)
Expense
ratio
(bp)
Savings
vs FTC
(bp)
ALTAR
Score™
(%)
ALTAR
vs FTC
(%)
FAD First Trust Multi Cap Growth AlphaDEX Fund 48.7 66 -5 2.0 -0.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 45.9 65 -4 2.5 +0.2
FEX First Trust Large Cap Core AlphaDEX Fund 45.5 60 1 5.0 +2.6
JMOM JPMorgan U.S. Momentum Factor ETF 42.9 12 49 3.3 +0.9
JKH iShares Morningstar Mid-Cap Growth ETF 42.7 30 31 1.9 -0.5
IWP iShares Russell Mid-Cap Growth ETF 41.9 24 37 2.8 +0.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 37.1 75 -14 4.0 +1.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 35.7 9 52 5.3 +2.9
VOT Vanguard Mid-Cap Growth Index Fund 35.6 7 54 2.9 +0.5
RBUS Nationwide Risk-Based U.S. Equity ETF 34.3 30 31 4.7 +2.4
PDP Invesco DWA Momentum ETF 33.4 62 -1 2.0 -0.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 33.4 9 52 5.5 +3.1
SLT Pacer Salt High TruBeta US Market ETF 33.3 60 1 3.1 +0.7
IWF iShares Russell 1000 Growth ETF 32.7 19 42 3.7 +1.3
VFMO Vanguard U.S. Momentum Factor ETF 32.3 13 48 0.3 -2.1
RPG Invesco S&P 500 Pure Growth ETF 32.1 35 26 4.2 +1.8
VONG Vanguard Russell 1000 Growth Index Fund 32.1 8 53 3.8 +1.4
FXL First Trust Technology AlphaDEX Fund 31.9 61 0 3.7 +1.4
QGRO American Century STOXX U.S. Quality Growth ETF 31.6 29 32 3.2 +0.8
ESGV Vanguard ESG U.S. Stock ETF 31.3 12 49 4.8 +2.4
VUG Vanguard Growth Index Fund 31.1 4 57 3.7 +1.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 30.7 4 57 4.9 +2.5
ETHO Etho Climate Leadership U.S. ETF 30.5 47 14 4.0 +1.7
FDMO Fidelity Momentum Factor ETF 30.1 29 32 3.2 +0.8
AIEQ AI Powered Equity ETF 30.0 87 -26 2.0 -0.4
SFY SoFi Select 500 ETF 29.8 0 61 4.8 +2.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 29.6 30 31 6.1 +3.8
SCHG Schwab U.S. Large-Cap Growth ETF 29.4 4 57 3.4 +1.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 29.4 35 26 5.4 +3.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 29.4 35 26 5.4 +3.0
MXDU Nationwide Maximum Diversification US Core Equity ETF 29.3 34 27 4.5 +2.1
VO Vanguard Mid-Cap Index Fund 29.3 4 57 4.8 +2.4
VOOG Vanguard S&P 500 Growth ETF 29.1 10 51 4.2 +1.8
SIZE iShares MSCI USA Size Factor ETF 28.9 15 46 5.5 +3.2
FVL First Trust Value Line 100 Exchange-Traded Fund 28.9 70 -9 4.9 +2.5
AFLG First Trust Active Factor Large Cap ETF 28.7 55 6 4.9 +2.6
SPYG SPDR Portfolio S&P 500 Growth ETF 28.5 4 57 4.2 +1.8
IVW iShares S&P 500 Growth ETF 28.5 18 43 4.1 +1.7
JHML John Hancock Multifactor Large Cap ETF 28.5 29 32 5.1 +2.7
IUSG iShares Core S&P US Growth ETF 28.3 4 57 4.2 +1.8
MTUM iShares MSCI USA Momentum Factor ETF 28.3 15 46 4.1 +1.7
EUSA iShares MSCI USA Equal Weighted ETF 28.3 15 46 5.6 +3.2
JQUA JPMorgan U.S. Quality Factor ETF 28.2 12 49 5.1 +2.8
SCHX Schwab U.S. Large-Cap ETF 28.0 3 58 4.8 +2.5
PBUS Invesco PureBeta MSCI USA ETF 28.0 4 57 4.9 +2.5
PSET Principal Price Setters Index ETF 28.0 15 46 4.7 +2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 27.9 29 32 5.2 +2.9
EXT WisdomTree U.S. Total Earnings Fund 27.8 28 33 5.2 +2.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 27.8 12 49 4.2 +1.8
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 27.7 49 12 4.7 +2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 27.5 7 54 4.9 +2.5
IYY iShares Dow Jones U.S. ETF 27.4 20 41 4.7 +2.3
SCHK Schwab 1000 Index ETF 27.4 5 56 4.9 +2.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 27.3 60 1 3.9 +1.5
IWB iShares Russell 1000 ETF 27.3 15 46 4.8 +2.4
USMF WisdomTree U.S. Multifactor Fund 27.3 28 33 5.6 +3.2
VV Vanguard Large-Cap Index Fund 27.2 4 57 4.9 +2.5
TPLC Timothy Plan US Large Cap Core ETF 27.1 52 9 4.7 +2.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 27.0 2 59 4.9 +2.5
VTHR Vanguard Russell 3000 Index Fund 26.7 10 51 4.7 +2.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 26.7 17 44 6.0 +3.6
ESGU iShares MSCI USA ESG Optimized ETF 26.5 15 46 4.7 +2.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 26.5 35 26 4.3 +1.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 26.5 59 2 4.1 +1.7
SCHB Schwab U.S. Broad Market ETF 26.4 3 58 4.8 +2.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 26.3 3 58 4.7 +2.3
IWV iShares Russell 3000 ETF 26.2 20 41 4.6 +2.2
NULG Nuveen ESG Large-Cap Growth ETF 26.1 35 26 3.6 +1.2
ROUS Hartford Multifactor US Equity ETF 26.1 19 42 6.2 +3.8
VTI Vanguard Total Stock Market Index Fund 25.9 3 58 4.7 +2.3
SPMO Invesco S&P 500 Momentum ETF 25.9 13 48 4.0 +1.6
USXF iShares ESG Advanced MSCI USA ETF 25.8 10 51 4.7 +2.3
JHMT John Hancock Multifactor Technology ETF 25.8 40 21 4.4 +2.1
IETC iShares Evolved U.S. Technology ETF 25.7 18 43 3.7 +1.3
VONE Vanguard Russell 1000 ETF 25.7 8 53 4.8 +2.4
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 25.6 20 41 7.1 +4.7
BOSS Global X Founder-Run Companies ETF 25.6 45 16 3.0 +0.6
IWR iShares Russell Midcap ETF 25.5 19 42 5.0 +2.6
KRMA Global X Conscious Companies ETF 25.5 43 18 4.9 +2.5
ONEO SPDR Russell 1000 Momentum Focus ETF 25.5 20 41 5.9 +3.5
OGIG O'Shares Global Internet Giants ETF 25.4 48 13 0.7 -1.7
FLQL Franklin LibertyQ U.S. Equity ETF 25.2 15 46 5.9 +3.5
HSPX Global X S&P 500 Covered Call ETF 25.2 60 1 4.6 +2.2
BFOR Barron's 400 ETF 25.2 65 -4 6.1 +3.7
PBP Invesco S&P 500 BuyWrite ETF 25.0 49 12 4.7 +2.3
XYLG Global X S&P 500 Covered Call & Growth ETF 24.9 60 1 4.7 +2.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 24.9 20 41 5.0 +2.6
SPLG SPDR Portfolio Large Cap ETF 24.8 3 58 5.1 +2.7
IVV iShares Core S&P 500 ETF 24.8 3 58 5.1 +2.7
SPY SPDR S&P 500 ETF Trust 24.8 9 52 5.0 +2.6
SPXE ProShares S&P 500 Ex-Energy ETF 24.7 27 34 4.9 +2.6
RNLC Large Cap US Equity Select ETF 24.6 60 1 5.6 +3.2
VOO VANGUARD S&P 500 ETF 24.6 3 58 5.1 +2.7
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 24.5 17 44 6.3 +3.9
IWY iShares Russell Top 200 Growth ETF 24.3 20 41 3.8 +1.4
VEGN US Vegan Climate ETF 24.3 60 1 4.7 +2.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 24.3 20 41 4.6 +2.3
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 24.2 35 26 5.2 +2.8
TUSA First Trust Total US Market AlphaDEX ETF 24.2 70 -9 5.4 +3.0

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%.

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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

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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 Large Cap Growth AlphaDEX Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 23.5 %
Divided by: Fwd. P/BV 7.9 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 2.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.46 CATEGORY
AVERAGE
1.50
 
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.