First Trust Consumer Discretionary AlphaDEX Fund
ALTAR
Score™
4.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
37.1x P/Sales
ratio
1.5x
P/BV
ratio
3.6x Div.
yield
0.8%


  • 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) $1,451
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 116
Wgt avg mkt cap (mns) $62,911
Large cap (>$10bn) 60.5%
Mid cap ($2-10bn) 36.1%
Small cap (<$2bn) 1.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GENERAL MOTORS CO 1.8 %
DISCOVERY COMMUNICATIONS-A 1.7 %
ETSY, INC. 1.6 %
TESLA MOTORS INC 1.6 %
FOOT LOCKER INC 1.6 %
TOLL BROTHERS INC 1.6 %
CARVANA CO. CLASS A 1.5 %
PULTE HOMES INC 1.5 %
DR HORTON INC 1.5 %
LENNAR CORP-CL A 1.5 %
Total 15.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.0 %
LUXEMBOURG 1.2 %
IRELAND 1.2 %
SWITZERLAND 0.8 %
CHINA 0.8 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
13.0% 13.0% 9.4% 10.9% 8.0%

Market Correlations
versus... Beta R-squared
S&P500 1.47 86%
MSCI EAFE 1.41 78%
MSCI Emg. Mkts. 1.21 74%

Technical Indicators
Recent close $54.55
30d moving avg. $51.81
Annualized volatility 29.7%
Short interest (ETF) 0.3%
Short interest (Underlying) 6.3%
Relative strength (RSI) 74

Liquidity measures
Avg. volume (thou.) 132
Turnover 0.5%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $78,577

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 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™: 4.7%


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
(%)
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 40.1 40 24 4.7 +0.0
JHMC John Hancock Multifactor Consumer Discretionary ETF 38.9 40 24 3.5 -1.2
VCR Vanguard Consumer Discretionary Index Fund 30.8 10 54 3.3 -1.5
FDIS Fidelity MSCI Consumer Discretionary Index ETF 28.9 8 56 3.3 -1.4
XLY Consumer Discretionary Select Sector SPDR Fund 25.9 13 51 3.1 -1.6
XRT SPDR S&P Retail ETF 24.5 35 29 4.6 -0.1
IYC iShares U.S. Consumer Services ETF 24.1 43 21 3.2 -1.5
COWZ Pacer US Cash Cows 100 ETF 23.5 49 15 10.2 +5.5
IEDI iShares Evolved U.S. Discretionary Spending ETF 21.6 18 46 3.4 -1.4
MILN Global X Millennials Thematic ETF 20.8 50 14 2.0 -2.8
RXI iShares Global Consumer Discretionary ETF 20.3 46 18 3.7 -1.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 19.8 60 4 4.7 -0.1
FTXD First Trust Nasdaq Retail ETF 19.7 60 4 5.3 +0.6
FTC First Trust Large Cap Growth AlphaDEX Fund 18.2 61 3 2.2 -2.5
IYK iShares U.S. Consumer Goods ETF 18.0 43 21 4.3 -0.5
XHB SPDR S&P Homebuilders ETF 17.3 35 29 6.9 +2.2
HOMZ Hoya Capital Housing ETF 17.3 30 34 6.8 +2.1
USMF WisdomTree U.S. Multifactor Fund 16.5 28 36 5.4 +0.6
SPVM Invesco S&P 500 Value with Momentum ETF 16.4 39 25 7.7 +3.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 16.2 29 35 7.3 +2.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 16.1 30 34 5.0 +0.3
ONEO SPDR Russell 1000 Momentum Focus ETF 15.1 20 44 5.6 +0.9
GENY Principal Millennials Index ETF 15.1 45 19 3.4 -1.4
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 15.0 20 44 6.6 +1.9
FEX First Trust Large Cap Core AlphaDEX Fund 14.9 60 4 4.7 -0.1
AFLG First Trust Active Factor Large Cap ETF 14.8 55 9 4.6 -0.1
IBUY Amplify Online Retail ETF 14.7 65 -1 -0.4 -5.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 14.3 24 40 5.5 +0.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 14.2 9 55 4.8 +0.1
ESGV Vanguard ESG U.S. Stock ETF 14.2 12 52 4.5 -0.3
RNLC Large Cap US Equity Select ETF 14.1 60 4 5.2 +0.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 13.9 30 34 5.2 +0.5
IEME iShares Evolved U.S. Media & Entertainment ETF 13.8 18 46 5.1 +0.4
LSAF LeaderShares AlphaFactor US Core Equity ETF 13.8 75 -11 5.2 +0.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 13.8 35 29 5.1 +0.3
MXDU Nationwide Maximum Diversification US Core Equity ETF 13.8 34 30 4.3 -0.5
CFA VictoryShares US 500 Volatility Weighted Index ETF 13.7 35 29 5.0 +0.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 13.7 18 46 5.6 +0.9
ONEY SPDR Russell 1000 Yield Focus ETF 13.6 20 44 7.2 +2.5
IUS Invesco Strategic US ETF 13.5 19 45 5.5 +0.7
JMOM JPMorgan U.S. Momentum Factor ETF 13.5 12 52 3.0 -1.8
TTAC TrimTabs US Free Cash Flow Quality ETF 13.5 59 5 3.4 -1.3
RWL Invesco S&P 500 Revenue ETF 13.4 39 25 6.3 +1.6
ITB iShares U.S. Home Construction ETF 13.3 42 22 7.5 +2.7
JKG iShares Morningstar Mid-Cap ETF 13.3 25 39 4.4 -0.3
RSP Invesco S&P 500 Equal Weight ETF 13.1 20 44 5.6 +0.9
LRGF iShares Edge MSCI Multifactor USA ETF 13.1 20 44 6.1 +1.4
QVAL Alpha Architect U.S. Quantitative Value ETF 13.0 49 15 7.8 +3.1
SPXT ProShares S&P 500 Ex-Technology ETF 12.9 27 37 4.9 +0.1
RVRS Reverse Cap Weighted U.S. Large Cap ETF 12.9 29 35 6.2 +1.4
JVAL JPMorgan U.S. Value Factor ETF 12.8 12 52 7.1 +2.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 12.8 30 34 5.4 +0.6
IWP iShares Russell Mid-Cap Growth ETF 12.7 24 40 2.6 -2.1
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 12.7 29 35 6.0 +1.3
QSY WisdomTree U.S. LargeCap Value Fund 12.7 38 26 6.7 +2.0
QGRO American Century STOXX U.S. Quality Growth ETF 12.6 29 35 3.7 -1.1
FTA First Trust Large Cap Value AlphaDEX Fund 12.6 60 4 7.3 +2.6
STLC iShares Factors US Blend Style ETF 12.6 25 39 4.8 +0.0
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 12.5 17 47 5.6 +0.9
IWR iShares Russell Midcap ETF 12.4 19 45 4.7 -0.0
PY Principal Shareholder Yield Index ETF 12.3 15 49 7.9 +3.1
JQUA JPMorgan U.S. Quality Factor ETF 12.3 12 52 5.0 +0.3
VFQY Vanguard U.S. Quality Factor ETF 12.3 13 51 5.3 +0.6
JHML John Hancock Multifactor Large Cap ETF 12.2 29 35 4.8 +0.1
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 12.1 17 47 6.1 +1.4
RBUS Nationwide Risk-Based U.S. Equity ETF 12.1 30 34 4.6 -0.2
AVUS Avantis U.S. Equity ETF 12.1 15 49 4.8 +0.1
VFMO Vanguard U.S. Momentum Factor ETF 12.0 13 51 1.4 -3.4
JOET Virtus Terranova US Quality Momentum ETF 12.0 29 35 4.6 -0.1
STMB iShares Factors US Mid Blend Style ETF 12.0 30 34 4.9 +0.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 11.9 60 4 4.4 -0.3
FNK First Trust Mid Cap Value AlphaDEX Fund 11.9 70 -6 7.7 +3.0
TUSA First Trust Total US Market AlphaDEX ETF 11.9 70 -6 4.8 +0.1
JHMM John Hancock Multifactor Mid Cap ETF 11.9 42 22 4.7 -0.1
QQQJ Invesco NASDAQ Next Gen 100 ETF 11.8 15 49 2.5 -2.2
EUSA iShares MSCI USA Equal Weighted ETF 11.8 15 49 5.1 +0.4
SIZE iShares MSCI USA Size Factor ETF 11.7 15 49 5.1 +0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 11.7 60 4 3.6 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 11.7 15 49 5.9 +1.2
JHCS John Hancock Multifactor Media & Communications ETF 11.6 40 24 4.8 +0.1
VFMF Vanguard U.S. Multifactor ETF 11.6 19 45 6.1 +1.4
MAGA Point Bridge GOP Stock Tracker ETF 11.5 72 -8 5.4 +0.7
RESP WisdomTree US ESG Fund of Benef Interest 11.5 28 36 5.0 +0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 11.5 27 37 4.3 -0.5
SPXN ProShares S&P 500 Ex-Financials ETF 11.5 27 37 4.3 -0.4
VO Vanguard Mid-Cap Index Fund 11.5 4 60 4.5 -0.2
ROUS Hartford Multifactor US Equity ETF 11.5 19 45 5.8 +1.1
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 11.5 25 39 6.8 +2.1
RPG Invesco S&P 500 Pure Growth ETF 11.4 35 29 2.7 -2.0
IWB iShares Russell 1000 ETF 11.4 15 49 4.4 -0.3
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 11.3 49 15 4.2 -0.5
IWS iShares Russell Mid-Cap Value ETF 11.2 24 40 5.9 +1.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 11.2 4 60 4.9 +0.2
SPGP Invesco S&P 500 GARP ETF 11.2 34 30 6.2 +1.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 11.2 9 55 5.0 +0.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 11.2 20 44 6.2 +1.4
VUG Vanguard Growth Index Fund 11.1 4 60 3.5 -1.2
VTHR Vanguard Russell 3000 Index Fund 11.1 10 54 4.4 -0.4

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 17.3 %
Divided by: Fwd. P/BV 3.2 x
Less: Expense ratio 64 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.49
 
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.