First Trust Consumer Discretionary AlphaDEX Fund
ALTAR
Score™
5.4% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
-308.6x P/Sales
ratio
1.3x
P/BV
ratio
2.7x Div.
yield
0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Consumer Discretionary AlphaDEX Fund seeks investment results that correspond generally to the StrataQuant Consumer Discretionary AlphaDEX Index.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date May 08, 2007
Assets (mns) $1,149
Currency USD
Expense ratio 64 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 117
Wgt avg mkt cap (mns) $52,542
Large cap (>$10bn) 54.3%
Mid cap ($2-10bn) 44.9%
Small cap (<$2bn) 0.5%
Developed mkts 98.7%
Emerging mkts 1.3%

TOP TEN HOLDINGS
PELOTON INTERACTIVE, INC. CLASS A 1.8 %
ETSY, INC. 1.7 %
TRADE DESK, INC. CLASS A 1.6 %
WILLIAMS-SONOMA INC 1.6 %
FLOOR & DECOR HOLDINGS, INC. CLASS 1.6 %
MOHAWK INDUSTRIES INC 1.5 %
POOL CORP 1.5 %
BEST BUY CO INC 1.5 %
LOWE'S COS INC 1.5 %
TRACTOR SUPPLY COMPANY 1.5 %
Total 15.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.9 %
IRELAND 1.2 %
LUXEMBOURG 0.9 %
SWITZERLAND 0.9 %
CHINA 0.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-5.6% 2.1% 5.4% 10.5% 6.7%

Market Correlations
versus... Beta R-squared
S&P500 1.51 86%
MSCI EAFE 1.61 81%
MSCI Emg. Mkts. 1.20 70%

Technical Indicators
Recent close $44.62
30d moving avg. $43.42
Annualized volatility 28.8%
Short interest (ETF) 0.4%
Short interest (Underlying) 6.3%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 198
Turnover 0.8%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $84,155

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the First Trust Consumer Discretionary AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FXD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FXD Expense: 64 bp ALTAR Score™: 5.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FXD
Ticker Fund
Name
Overlap1
vs FXD
(%)
Expense
ratio
(bp)
Savings
vs FXD
(bp)
ALTAR
Score™
(%)
ALTAR
vs FXD
(%)
JHMC John Hancock Multifactor Consumer Discretionary ETF 41.4 40 24 3.8 -1.6
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 39.2 40 24 5.5 +0.1
VCR Vanguard Consumer Discretionary Index Fund 31.6 10 54 3.7 -1.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 29.0 8 56 3.3 -2.1
XLY Consumer Discretionary Select Sector SPDR Fund 27.5 13 51 4.0 -1.4
IYC iShares U.S. Consumer Services ETF 26.6 43 21 3.6 -1.8
XRT SPDR S&P Retail ETF 24.7 35 29 5.6 +0.2
IEDI iShares Evolved U.S. Discretionary Spending ETF 23.2 18 46 3.5 -1.9
FTXD First Trust Nasdaq Retail ETF 22.4 60 4 5.5 +0.2
MILN Global X Millennials Thematic ETF 22.1 50 14 2.2 -3.2
RXI iShares Global Consumer Discretionary ETF 21.5 46 18 4.8 -0.6
FTC First Trust Large Cap Growth AlphaDEX Fund 20.4 61 3 2.6 -2.7
SLT Salt TruBeta High Exposure ETF 19.2 60 4 3.2 -2.2
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 18.3 99 -35 1.6 -3.8
COWZ Pacer US Cash Cows 100 ETF 17.6 49 15 11.4 +6.0
GBUY Goldman Sachs Motif New Age Consumer ETF 17.5 50 14 1.7 -3.7
IYK iShares U.S. Consumer Goods ETF 17.3 43 21 4.7 -0.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 17.2 75 -11 3.7 -1.6
HOMZ Hoya Capital Housing ETF 17.0 30 34 7.1 +1.8
RPG Invesco S&P 500 Pure Growth ETF 16.9 35 29 4.3 -1.1
XHB SPDR S&P Homebuilders ETF 16.6 35 29 6.7 +1.3
USMF WisdomTree U.S. Multifactor Fund 16.3 28 36 5.7 +0.3
GENY Principal Millennials Index ETF 16.2 45 19 3.7 -1.7
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 15.7 30 34 5.5 +0.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 15.7 29 35 5.8 +0.5
FEX First Trust Large Cap Core AlphaDEX Fund 15.6 60 4 5.7 +0.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 15.3 24 40 5.9 +0.6
ONEO SPDR Russell 1000 Momentum Focus ETF 15.3 20 44 6.2 +0.8
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 15.2 59 5 3.8 -1.6
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 14.4 29 35 6.7 +1.3
IWP iShares Russell Mid-Cap Growth ETF 14.3 24 40 2.8 -2.6
JMOM JPMorgan U.S. Momentum Factor ETF 14.3 12 52 3.3 -2.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 14.1 29 35 9.2 +3.8
IBUY Amplify Online Retail ETF 14.1 65 -1 -1.1 -6.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 13.8 9 55 5.4 -0.0
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 13.7 20 44 7.4 +2.0
DVLU First Trust Dorsey Wright Momentum & Value ETF 13.6 60 4 8.2 +2.8
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 13.5 60 4 3.7 -1.7
RTH VanEck Vectors Retail ETF 13.5 35 29 5.0 -0.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 13.4 18 46 6.0 +0.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 13.4 35 29 5.6 +0.2
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 13.3 35 29 5.6 +0.2
FLQL Franklin LibertyQ U.S. Equity ETF 13.3 15 49 6.0 +0.6
LSAF LeaderShares AlphaFactor US Core Equity ETF 13.2 75 -11 5.8 +0.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 13.2 30 34 6.4 +1.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 13.1 34 30 4.6 -0.8
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 13.1 60 4 0.3 -5.0
AIEQ AI Powered Equity ETF 13.1 87 -23 2.7 -2.7
QGRO American Century STOXX U.S. Quality Growth ETF 13.1 29 35 3.6 -1.7
AFLG First Trust Active Factor Large Cap ETF 13.0 55 9 5.3 -0.1
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 13.0 17 47 6.2 +0.8
IWR iShares Russell Midcap ETF 13.0 19 45 5.3 -0.0
RWL Invesco S&P 500 Revenue ETF 12.9 39 25 7.1 +1.7
RVRS Reverse Cap Weighted U.S. Large Cap ETF 12.8 29 35 7.4 +2.0
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 12.6 75 -11 2.4 -3.0
FDMO Fidelity Momentum Factor ETF 12.6 29 35 3.2 -2.2
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 12.6 75 -11 5.2 -0.2
AVUS Avantis U.S. Equity ETF 12.6 15 49 5.4 +0.1
EZM WisdomTree U.S. MidCap Earnings Fund 12.6 38 26 8.6 +3.2
ESGV Vanguard ESG U.S. Stock ETF 12.6 12 52 4.9 -0.5
JQUA JPMorgan U.S. Quality Factor ETF 12.6 12 52 5.2 -0.1
PY Principal Shareholder Yield Index ETF 12.5 15 49 9.2 +3.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 12.4 66 -2 2.2 -3.2
IUS Invesco Strategic US ETF 12.4 19 45 6.3 +1.0
ONEY SPDR Russell 1000 Yield Focus ETF 12.4 20 44 8.9 +3.5
ITB iShares U.S. Home Construction ETF 12.3 42 22 7.3 +1.9
PDP Invesco DWA Momentum ETF 12.3 62 2 2.3 -3.1
RSP Invesco S&P 500 Equal Weight ETF 12.3 20 44 6.4 +1.0
FVL First Trust Value Line 100 Exchange-Traded Fund 12.3 70 -6 5.2 -0.2
VO Vanguard Mid-Cap Index Fund 12.3 4 60 5.1 -0.3
SPXT ProShares S&P 500 Ex-Technology ETF 12.2 27 37 5.4 +0.1
VFMO Vanguard U.S. Momentum Factor ETF 12.2 13 51 0.7 -4.7
JHML John Hancock Multifactor Large Cap ETF 12.1 29 35 5.3 -0.1
RBUS Nationwide Risk-Based U.S. Equity ETF 12.1 30 34 4.5 -0.8
QSY WisdomTree U.S. LargeCap Value Fund 12.1 38 26 6.5 +1.1
JHMM John Hancock Multifactor Mid Cap ETF 12.0 42 22 5.4 -0.0
TUSA First Trust Total US Market AlphaDEX ETF 12.0 70 -6 5.6 +0.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 12.0 65 -1 2.8 -2.6
RFFC RiverFront Dynamic US Flex-Cap ETF 11.9 52 12 4.8 -0.6
VOE Vanguard Mid-Cap Value Index Fund 11.9 7 57 7.5 +2.1
MAGA Point Bridge GOP Stock Tracker ETF 11.9 72 -8 6.3 +1.0
SYG SPDR MFS Systematic Growth Equity ETF 11.8 60 4 3.9 -1.5
VUG Vanguard Growth Index Fund 11.8 4 60 3.8 -1.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 11.8 59 5 4.2 -1.2
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 11.8 17 47 6.7 +1.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 11.8 35 29 4.4 -0.9
SCIU Global X Scientific Beta US ETF 11.8 19 45 0.0 -5.4
SIZE iShares Edge MSCI USA Size Factor ETF 11.7 15 49 5.9 +0.5
BUYZ Franklin Disruptive Commerce ETF 11.7 50 14 -0.2 -5.6
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 11.7 49 15 4.9 -0.5
STLG iShares Factors US Growth Style ETF 11.6 25 39 4.0 -1.3
ROUS Hartford Multifactor US Equity ETF 11.6 19 45 6.3 +0.9
IWF iShares Russell 1000 Growth ETF 11.6 19 45 3.6 -1.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 11.5 20 44 6.8 +1.4
SPGP Invesco S&P 500 GARP ETF 11.4 34 30 6.8 +1.4
VONG Vanguard Russell 1000 Growth Index Fund 11.4 8 56 3.7 -1.7
JVAL JPMorgan U.S. Value Factor ETF 11.4 12 52 8.2 +2.9
EXT WisdomTree U.S. Total Earnings Fund 11.4 28 36 5.4 -0.0
IWB iShares Russell 1000 ETF 11.4 15 49 4.9 -0.5
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 11.4 15 49 6.6 +1.2

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%.

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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 Consumer Discretionary AlphaDEX Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.1 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 64 bp
Equals: ALTAR Score 5.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.51
 
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.