First Trust Consumer Discretionary AlphaDEX Fund
ALTAR
Score™
7.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
-35.1x P/Sales
ratio
0.8x
P/BV
ratio
1.8x Div.
yield
1.4%


  • 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) $893
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 119
Wgt avg mkt cap (mns) $41,829
Large cap (>$10bn) 40.5%
Mid cap ($2-10bn) 53.6%
Small cap (<$2bn) 5.9%
Developed mkts 99.3%
Emerging mkts 0.7%

TOP TEN HOLDINGS
TESLA MOTORS INC 2.0 %
CARVANA CO. CLASS A 1.6 %
TRADE DESK, INC. CLASS A 1.6 %
WAYFAIR INC- CLASS A 1.6 %
CHEGG INC 1.6 %
ZYNGA INC - CL A 1.5 %
SPOTIFY TECHNOLOGY SA 1.5 %
ETSY, INC. 1.5 %
FLOOR & DECOR HOLDINGS, INC. CLASS 1.5 %
TOLL BROTHERS INC 1.5 %
Total 15.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.2 %
LUXEMBOURG 1.5 %
BRITAIN 1.4 %
PANAMA 1.4 %
IRELAND 1.1 %
SWITZERLAND 0.5 %
CHINA 0.3 %




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.
-17.1% -11.7% 1.5% 10.7% 5.7%

Market Correlations
versus... Beta R-squared
S&P500 1.54 86%
MSCI EAFE 1.59 79%
MSCI Emg. Mkts. 1.18 69%

Technical Indicators
Recent close $37.38
30d moving avg. $38.22
Annualized volatility 28.2%
Short interest (ETF) 0.7%
Short interest (Underlying) 6.3%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 1,220
Turnover 5.1%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $68,752

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 7.9%


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 35.1 40 24 4.3 -3.6
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 34.1 40 24 6.8 -1.1
VCR Vanguard Consumer Discretionary Index Fund 28.0 10 54 3.9 -4.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 25.8 8 56 3.4 -4.5
IYC iShares U.S. Consumer Services ETF 23.8 42 22 4.1 -3.8
XLY Consumer Discretionary Select Sector SPDR Fund 22.9 13 51 4.1 -3.8
XRT SPDR S&P Retail ETF 20.8 35 29 6.9 -1.0
MILN Global X Millennials Thematic ETF 19.9 50 14 2.5 -5.4
IEDI iShares Evolved U.S. Discretionary Spending ETF 19.7 18 46 3.6 -4.3
SLT Salt TruBeta High Exposure ETF 17.7 29 35 9.6 +1.7
RXI iShares Global Consumer Discretionary ETF 17.7 46 18 5.2 -2.7
FTXD First Trust Nasdaq Retail ETF 17.4 60 4 5.1 -2.8
ACSI American Customer Satisfaction Core Alpha ETF 17.4 66 -2 5.8 -2.1
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 17.1 60 4 2.9 -5.0
PMOM Principal Sustainable Momentum Index ETF 16.7 29 35 9.3 +1.4
USMF WisdomTree U.S. Multifactor Fund 16.4 28 36 5.5 -2.4
GBUY Goldman Sachs Motif New Age Consumer ETF 16.4 50 14 1.9 -6.0
HOMZ Hoya Capital Housing ETF 16.1 45 19 7.9 +0.0
FTXR First Trust Nasdaq Transportation ETF 16.0 60 4 6.3 -1.6
GENY Principal Millennials Index ETF 15.7 45 19 3.8 -4.1
IYK iShares U.S. Consumer Goods ETF 15.5 42 22 5.1 -2.8
ONEY SPDR Russell 1000 Yield Focus ETF 15.4 20 44 9.5 +1.6
FTA First Trust Large Cap Value AlphaDEX Fund 15.3 60 4 9.4 +1.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 15.3 30 34 6.0 -1.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 14.9 24 40 6.3 -1.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 14.7 29 35 10.0 +2.1
XHB SPDR S&P Homebuilders ETF 14.7 35 29 7.8 -0.1
PVAL Principal Contrarian Value Index ETF 14.6 29 35 10.4 +2.5
FEX First Trust Large Cap Core AlphaDEX Fund 14.4 60 4 6.1 -1.8
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 14.3 29 35 6.8 -1.1
RVRS Reverse Cap Weighted U.S. Large Cap ETF 13.9 29 35 8.3 +0.5
ONEO SPDR Russell 1000 Momentum Focus ETF 13.7 20 44 6.6 -1.3
MXDU Nationwide Maximum Diversification US Core Equity ETF 13.7 34 30 4.9 -3.0
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 13.4 60 4 3.7 -4.2
IWP iShares Russell Mid-Cap Growth ETF 13.2 24 40 4.2 -3.7
RPG Invesco S&P 500 Pure Growth ETF 13.1 35 29 4.4 -3.5
TUSA First Trust Total US Market AlphaDEX ETF 13.1 70 -6 6.1 -1.8
QSY WisdomTree U.S. LargeCap Value Fund 13.0 38 26 6.9 -1.0
COWZ Pacer US Cash Cows 100 ETF 12.9 49 15 11.0 +3.1
IBUY Amplify Online Retail ETF 12.8 65 -1 -1.5 -9.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 12.7 35 29 6.0 -1.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 12.7 75 -11 3.8 -4.1
FTC First Trust Large Cap Growth AlphaDEX Fund 12.7 61 3 2.9 -5.0
SFYF SoFi 50 ETF 12.7 29 35 5.1 -2.8
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 12.6 20 44 7.7 -0.2
FLQL Franklin LibertyQ U.S. Equity ETF 12.6 15 49 6.3 -1.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 12.5 18 46 6.3 -1.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 12.4 59 5 4.2 -3.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 12.4 35 29 4.4 -3.5
VOE Vanguard Mid-Cap Value Index Fund 12.4 7 57 8.0 +0.2
EZM WisdomTree U.S. MidCap Earnings Fund 12.3 38 26 9.4 +1.6
RWL Invesco S&P 500 Revenue ETF 12.3 39 25 7.3 -0.6
IWR iShares Russell Midcap ETF 12.3 19 45 5.7 -2.2
SYLD Cambria Shareholder Yield ETF 12.2 59 5 9.1 +1.2
AUSF Global X Adaptive U.S. Factor ETF 12.2 27 37 8.0 +0.1
RSP Invesco S&P 500 Equal Weight ETF 12.1 20 44 6.8 -1.1
RNLC Large Cap US Equity Select ETF 12.1 60 4 6.3 -1.6
FNK First Trust Mid Cap Value AlphaDEX Fund 12.0 70 -6 10.6 +2.7
JHMM John Hancock Multifactor Mid Cap ETF 12.0 42 22 5.9 -2.0
QGRO American Century STOXX U.S. Quality Growth ETF 11.9 29 35 3.2 -4.7
AFLG First Trust Active Factor Large Cap ETF 11.8 55 9 5.6 -2.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 11.8 9 55 5.6 -2.3
FNX First Trust Mid Cap Core AlphaDEX Fund 11.7 61 3 6.6 -1.3
VO Vanguard Mid-Cap Index Fund 11.7 4 60 5.5 -2.4
PY Principal Shareholder Yield Index ETF 11.7 29 35 9.7 +1.8
EXT WisdomTree U.S. Total Earnings Fund 11.7 28 36 5.2 -2.7
JHCS John Hancock Multifactor Media & Communications ETF 11.6 40 24 5.5 -2.4
RBUS Nationwide Risk-Based U.S. Equity ETF 11.6 30 34 5.1 -2.8
FAB First Trust Multi Cap Value AlphaDEX Fund 11.5 71 -7 9.8 +1.9
AVUS Avantis U.S. Equity ETF 11.5 15 49 5.8 -2.1
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 11.4 17 47 6.5 -1.4
MAGA Point Bridge GOP Stock Tracker ETF 11.4 72 -8 6.6 -1.3
RNDV US Equity Dividend Select ETF 11.4 50 14 7.7 -0.2
IUS Invesco Strategic US ETF 11.4 19 45 6.7 -1.2
SPGP Invesco S&P 500 GARP ETF 11.3 35 29 7.3 -0.6
IWS iShares Russell Mid-Cap Value ETF 11.2 24 40 7.4 -0.5
JHML John Hancock Multifactor Large Cap ETF 11.2 29 35 5.6 -2.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 11.2 65 -1 3.4 -4.5
ITB iShares U.S. Home Construction ETF 11.2 42 22 8.4 +0.5
EUSA iShares MSCI USA Equal Weighted ETF 11.0 15 49 6.3 -1.6
SIZE iShares Edge MSCI USA Size Factor ETF 10.9 15 49 6.4 -1.5
SCHM Schwab U.S. Mid-Cap ETF 10.9 4 60 6.4 -1.5
SPHB Invesco S&P 500 High Beta ETF 10.9 25 39 9.7 +1.8
ALTL Pacer Lunt Large Cap Alternator ETF 10.9 60 4 9.3 +1.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 10.9 15 49 6.2 -1.7
LVHB Innovator Lunt Low Vol/High Beta Tactical ETF 10.9 49 15 9.5 +1.6
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 10.9 17 47 6.6 -1.3
JMOM JPMorgan U.S. Momentum Factor ETF 10.9 12 52 3.9 -4.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 10.9 19 45 5.7 -2.2
IEME iShares Evolved U.S. Media & Entertainment ETF 10.8 18 46 7.3 -0.6
LVUS Hartford Multifactor Low Volatility US Equity ETF 10.8 19 45 6.1 -1.8
BVAL Brand Value ETF 10.8 65 -1 6.1 -1.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 10.7 20 44 7.2 -0.7
SCIU Global X Scientific Beta US ETF 10.7 19 45 5.8 -2.1
SCHG Schwab U.S. Large-Cap Growth ETF 10.7 4 60 4.1 -3.8
RFFC RiverFront Dynamic US Flex-Cap ETF 10.6 52 12 4.7 -3.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 10.6 4 60 5.8 -2.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 10.6 29 35 6.3 -1.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 10.6 70 -6 2.2 -5.7

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:

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 14.3 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 64 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.61 CATEGORY
AVERAGE
1.52
 
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.