First Trust Technology AlphaDEX Fund
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
First Trust Technology AlphaDEX Fund seeks investment results that correspond to the StrataQuant Technology AlphaDEX Index. |
Category | US Equities |
Fund Sponsor | First Trust Advisors LP |
Website | www.ftportfolios.com |
Inception date | May 08, 2007 |
Assets (mns) | $2,718 |
Currency | USD |
Expense ratio | 61 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | Bank of New York Mellon |
Weighting | Tiered |
Index replication | Full |
Uses derivatives | No |
Options available | Yes |
No. of constituents | 104 |
Wgt avg mkt cap (mns) | $102,259 |
Large cap (>$10bn) | 73.5% |
Mid cap ($2-10bn) | 22.9% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
APPLIED MATERIALS INC | 2.0 % |
LAM RESEARCH CORP | 1.9 % |
PAGERDUTY, INC. | 1.9 % |
INTEL CORP | 1.9 % |
TWILIO, INC. CLASS A | 1.8 % |
TERADYNE INC | 1.8 % |
ELASTIC NV | 1.8 % |
INPHI CORP | 1.8 % |
SYNNEX CORP | 1.8 % |
PINTEREST, INC. CLASS A | 1.7 % | Total | 18.3 % |
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UNITED STATES | 96.5 % |
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BERMUDA | 1.4 % |
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LUXEMBOURG | 1.2 % |
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BRITAIN | 0.9 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
54.2% | 54.2% | 28.1% | 17.8% | 13.7% |
versus... | Beta | R-squared |
S&P500 | 1.22 | 83% |
MSCI EAFE | 1.11 | 68% |
MSCI Emg. Mkts. | 0.91 | 58% |
Recent close | $117.89 |
30d moving avg. | $112.24 |
Annualized volatility | 25.2% |
Short interest (ETF) | 0.8% |
Short interest (Underlying) | 3.9% |
Relative strength (RSI) | 65 |
Avg. volume (thou.) | 111 |
Turnover | 0.5% |
Bid/Ask (% of price) | 0.07% |
ADV underlying (mns) | $72,712 |
FINDING ALTERNATIVE FUNDS
Below is a list of 99 potential alternatives to the First Trust Technology AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FXL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | FXL | Expense: | 61 bp | ALTAR Score™: | 3.4% |
Ticker | Fund Name |
Overlap1 vs FXL (%) |
Expense ratio (bp) |
Savings vs FXL (bp) |
ALTAR Score™ (%) |
ALTAR vs FXL (%) |
JHMT | John Hancock Multifactor Technology ETF | 47.2 | 40 | 21 | 3.9 | +0.6 |
RYT | Invesco S&P 500 Equal Weight Technology ETF | 35.3 | 40 | 21 | 5.6 | +2.3 |
FTC | First Trust Large Cap Growth AlphaDEX Fund | 31.4 | 61 | 0 | 2.2 | -1.2 |
IYW | iShares U.S. Technology ETF | 28.7 | 43 | 18 | 3.4 | -0.0 |
QRFT | Qraft Ai-Enhanced U.S. Large Cap ETF | 28.2 | 75 | -14 | 2.0 | -1.4 |
QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 27.3 | 57 | 4 | 3.5 | +0.1 |
FTEC | Fidelity MSCI Information Technology Index ETF | 27.0 | 8 | 53 | 3.9 | +0.5 |
VGT | Vanguard Information Technology Index Fund | 26.7 | 10 | 51 | 3.9 | +0.5 |
JKH | iShares Morningstar Mid-Cap Growth ETF | 25.8 | 30 | 31 | 1.9 | -1.5 |
GBGR | Global Beta Momentum-Growth ETF | 25.7 | 29 | 32 | 1.3 | -2.1 |
IGM | iShares Expanded Tech Sector ETF | 25.5 | 46 | 15 | 3.3 | -0.1 |
SKYY | First Trust Cloud Computing ETF | 25.0 | 60 | 1 | 2.1 | -1.3 |
DFNV | TrimTabs Donoghue Forlines Risk Managed Innovation ETF | 24.6 | 69 | -8 | 4.0 | +0.6 |
IWP | iShares Russell Mid-Cap Growth ETF | 24.5 | 24 | 37 | 2.6 | -0.8 |
IGV | iShares Expanded Tech-Software ETF | 24.2 | 46 | 15 | 2.0 | -1.4 |
XSW | SPDR S&P Software & Services ETF | 24.2 | 35 | 26 | 3.1 | -0.3 |
FTXL | First Trust Nasdaq Semiconductor ETF | 23.9 | 60 | 1 | 3.6 | +0.2 |
QQQE | Direxion NASDAQ-100 Equal Weighted Index Shares | 23.6 | 35 | 26 | 4.3 | +0.9 |
QQEW | First Trust Nasdaq-100 Equal Weighted Index Fund | 23.5 | 59 | 2 | 4.0 | +0.6 |
QTUM | Defiance Quantum ETF | 23.4 | 40 | 21 | 4.2 | +0.8 |
TECB | iShares US Tech Breakthrough Multisector ETF | 23.0 | 40 | 21 | 3.4 | +0.1 |
WFH | Direxion Work From Home ETF | 22.8 | 45 | 16 | 4.5 | +1.1 |
PDP | Invesco DWA Momentum ETF | 22.4 | 62 | -1 | 1.8 | -1.6 |
SOXX | iShares PHLX Semiconductor ETF | 22.3 | 46 | 15 | 4.2 | +0.8 |
XITK | SPDR FactSet Innovative Technology ETF | 22.2 | 45 | 16 | 0.2 | -3.1 |
XLK | Technology Select Sector SPDR Fund | 22.0 | 13 | 48 | 4.2 | +0.8 |
QGRO | American Century STOXX U.S. Quality Growth ETF | 21.9 | 29 | 32 | 3.7 | +0.3 |
SMH | VanEck Vectors Semiconductor ETF | 21.6 | 35 | 26 | 4.0 | +0.6 |
IETC | iShares Evolved U.S. Technology ETF | 21.6 | 18 | 43 | 3.4 | +0.0 |
THNQ | ROBO Global Artificial Intelligence ETF | 21.4 | 68 | -7 | 1.3 | -2.1 |
PTF | Invesco DWA Technology Momentum ETF | 20.9 | 60 | 1 | -0.7 | -4.1 |
OGIG | O'Shares Global Internet Giants ETF | 20.9 | 48 | 13 | 0.6 | -2.8 |
BOSS | Global X Founder-Run Companies ETF | 20.5 | 45 | 16 | 2.7 | -0.7 |
VOT | Vanguard Mid-Cap Growth Index Fund | 20.4 | 7 | 54 | 2.7 | -0.7 |
WCLD | WisdomTree Cloud Computing Fund | 20.4 | 45 | 16 | 7.5 | +4.1 |
RNLC | Large Cap US Equity Select ETF | 20.2 | 60 | 1 | 5.2 | +1.8 |
JOET | Virtus Terranova US Quality Momentum ETF | 19.8 | 29 | 32 | 4.6 | +1.2 |
FAD | First Trust Multi Cap Growth AlphaDEX Fund | 19.4 | 66 | -5 | 1.8 | -1.6 |
RPG | Invesco S&P 500 Pure Growth ETF | 19.3 | 35 | 26 | 2.7 | -0.7 |
BTEK | BlackRock Future Tech ETF | 19.1 | 88 | -27 | -0.2 | -3.5 |
SLT | Pacer Salt High TruBeta US Market ETF | 19.0 | 60 | 1 | 4.5 | +1.1 |
IXN | iShares Global Tech ETF | 19.0 | 46 | 15 | 3.7 | +0.3 |
PSI | Invesco Dynamic Semiconductors ETF | 18.9 | 57 | 4 | 3.6 | +0.2 |
TDIV | First Trust NASDAQ Technology Dividend Index Fund | 18.4 | 50 | 11 | 5.7 | +2.3 |
JVAL | JPMorgan U.S. Value Factor ETF | 18.3 | 12 | 49 | 7.1 | +3.7 |
AIQ | Global X Future Analytics Tech ETF | 18.3 | 68 | -7 | 3.4 | +0.0 |
XT | iShares Exponential Technologies ETF | 18.2 | 47 | 14 | 4.4 | +1.1 |
FEX | First Trust Large Cap Core AlphaDEX Fund | 18.1 | 60 | 1 | 4.6 | +1.3 |
JMOM | JPMorgan U.S. Momentum Factor ETF | 18.1 | 12 | 49 | 3.0 | -0.4 |
XSD | SPDR S&P Semiconductor ETF | 17.4 | 35 | 26 | 3.2 | -0.2 |
QQQJ | Invesco NASDAQ Next Gen 100 ETF | 17.1 | 15 | 46 | 2.5 | -0.9 |
VEGN | US Vegan Climate ETF | 17.0 | 60 | 1 | 3.9 | +0.5 |
DYNF | BlackRock U.S. Equity Factor Rotation ETF | 16.7 | 30 | 31 | 5.2 | +1.8 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 16.3 | 60 | 1 | 3.2 | -0.2 |
AMOM | Qraft AI-Enhanced U.S. Large Cap Momentum ETF | 16.2 | 75 | -14 | 2.9 | -0.5 |
NUSI | Nationwide Risk-Managed Income ETF | 16.1 | 68 | -7 | 3.1 | -0.3 |
QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 16.1 | 60 | 1 | 3.1 | -0.3 |
FFTY | Innovator IBD 50 ETF | 16.0 | 80 | -19 | 4.0 | +0.6 |
QQQM | Invesco NASDAQ 100 ETF | 15.9 | 15 | 46 | 3.5 | +0.1 |
QQQ | Invesco QQQ Trust | 15.9 | 20 | 41 | 3.5 | +0.1 |
XNTK | SPDR NYSE Technology ETF | 15.9 | 35 | 26 | 2.7 | -0.7 |
PEXL | Pacer US Export Leaders ETF | 15.8 | 60 | 1 | 4.6 | +1.2 |
ETHO | Etho Climate Leadership U.S. ETF | 15.8 | 47 | 14 | 3.6 | +0.2 |
FIVG | Defiance Next Gen Connectivity ETF | 15.7 | 30 | 31 | 4.1 | +0.7 |
NXTG | First Trust Indxx NextG ETF | 15.5 | 70 | -9 | 5.0 | +1.6 |
JQUA | JPMorgan U.S. Quality Factor ETF | 15.5 | 12 | 49 | 5.0 | +1.7 |
SZNE | Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF | 15.3 | 60 | 1 | 4.6 | +1.2 |
WUGI | Esoterica NextG Economy ETF | 15.2 | 75 | -14 | 1.0 | -2.4 |
NUMG | Nuveen ESG Mid-Cap Growth ETF | 15.1 | 40 | 21 | 2.0 | -1.4 |
AIEQ | AI Powered Equity ETF | 14.9 | 87 | -26 | 1.8 | -1.6 |
ESGV | Vanguard ESG U.S. Stock ETF | 14.8 | 12 | 49 | 4.5 | +1.1 |
IVES | Wedbush ETFMG Global Cloud Technology ETF | 14.7 | 68 | -7 | 2.1 | -1.3 |
FLQL | Franklin LibertyQ U.S. Equity ETF | 14.7 | 15 | 46 | 5.9 | +2.5 |
MTUM | iShares MSCI USA Momentum Factor ETF | 14.6 | 15 | 46 | 2.2 | -1.1 |
LRGF | iShares Edge MSCI Multifactor USA ETF | 14.6 | 20 | 41 | 6.0 | +2.7 |
ARKW | ARK Web x.0 ETF | 14.6 | 79 | -18 | -0.8 | -4.1 |
VO | Vanguard Mid-Cap Index Fund | 14.4 | 4 | 57 | 4.5 | +1.2 |
IQM | Franklin Intelligent Machines ETF | 14.4 | 50 | 11 | 1.3 | -2.1 |
OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 14.4 | 29 | 32 | 7.2 | +3.9 |
HACK | ETFMG Prime Cyber Security ETF | 14.4 | 60 | 1 | 2.7 | -0.7 |
GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 14.3 | 9 | 52 | 4.8 | +1.4 |
ACWF | iShares MSCI Global Multifactor ETF | 14.3 | 35 | 26 | 6.7 | +3.3 |
IRBO | iShares Robotics and Artificial Intelligence Multisector ETF | 14.3 | 47 | 14 | 1.3 | -2.1 |
DEUS | Xtrackers Russell 1000 Comprehensive Factor ETF | 14.2 | 17 | 44 | 5.6 | +2.2 |
IWR | iShares Russell Midcap ETF | 13.9 | 19 | 42 | 4.7 | +1.3 |
ONEQ | Fidelity Nasdaq Composite Index Tracking Stock | 13.8 | 21 | 40 | 2.9 | -0.5 |
ONEO | SPDR Russell 1000 Momentum Focus ETF | 13.8 | 20 | 41 | 5.6 | +2.2 |
GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 13.7 | 9 | 52 | 5.0 | +1.6 |
IWF | iShares Russell 1000 Growth ETF | 13.7 | 19 | 42 | 3.4 | +0.0 |
BKMC | BNY Mellon US Mid Cap Core Equity ETF | 13.5 | 4 | 57 | 4.8 | +1.5 |
CHGX | Change Finance U.S. Large Cap Fossil Fuel Free ETF | 13.5 | 49 | 12 | 4.2 | +0.8 |
VONG | Vanguard Russell 1000 Growth Index Fund | 13.4 | 8 | 53 | 3.5 | +0.2 |
TUSA | First Trust Total US Market AlphaDEX ETF | 13.3 | 70 | -9 | 4.8 | +1.4 |
ROUS | Hartford Multifactor US Equity ETF | 13.2 | 19 | 42 | 5.8 | +2.5 |
STLG | iShares Factors US Growth Style ETF | 13.1 | 25 | 36 | 3.9 | +0.5 |
LSAF | LeaderShares AlphaFactor US Core Equity ETF | 13.1 | 75 | -14 | 5.2 | +1.8 |
EUSA | iShares MSCI USA Equal Weighted ETF | 13.1 | 15 | 46 | 5.1 | +1.7 |
CIBR | First Trust NASDAQ CEA Cybersecurity ETF | 13.1 | 60 | 1 | 2.8 | -0.6 |
GINN | Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 13.1 | 50 | 11 | 3.3 | -0.1 |
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 | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
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 |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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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 Technology AlphaDEX Fund | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
UNDERWEIGHT |
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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