First Trust Financials AlphaDEX Fund
|
- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
First Trust Financial AlphaDEX Fund seeks investment results that correspond to the StrataQuant Financial AlphaDEX Index. |
Category | US Equities |
Fund Sponsor | First Trust Advisors LP |
Website | www.ftportfolios.com |
Inception date | May 08, 2007 |
Assets (mns) | $747 |
Currency | USD |
Expense ratio | 63 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 | 105 |
Wgt avg mkt cap (mns) | $23,059 |
Large cap (>$10bn) | 37.9% |
Mid cap ($2-10bn) | 62.1% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
INVESCO LTD | 1.9 % |
ASSURED GUARANTY LTD | 1.9 % |
ASSOCIATED BANC-CORP | 1.8 % |
SLM CORP | 1.8 % |
UNUM GROUP | 1.7 % |
METLIFE INC | 1.7 % |
MGIC INVESTMENT CORP | 1.7 % |
FRANKLIN RESOURCES INC | 1.7 % |
HARTFORD FINANCIAL SVCS GRP | 1.7 % |
FIRST AMERICAN FINANCIAL | 1.6 % | Total | 17.5 % |
---|
![]() |
UNITED STATES | 91.7 % |
![]() |
BERMUDA | 6.3 % |
![]() |
PUERTO RICO | 1.3 % |
![]() |
SWITZERLAND | 0.3 % |
![]() |
BRITAIN | 0.3 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
5.9% | 5.9% | 10.5% | 11.0% | 6.1% |
versus... | Beta | R-squared |
S&P500 | 1.21 | 77% |
MSCI EAFE | 1.20 | 75% |
MSCI Emg. Mkts. | 1.03 | 70% |
Recent close | $36.60 |
30d moving avg. | $34.93 |
Annualized volatility | 25.9% |
Short interest (ETF) | 0.9% |
Short interest (Underlying) | 2.8% |
Relative strength (RSI) | 65 |
Avg. volume (thou.) | 165 |
Turnover | 0.8% |
Bid/Ask (% of price) | 0.10% |
ADV underlying (mns) | $19,568 |
FINDING ALTERNATIVE FUNDS
Below is a list of 96 potential alternatives to the First Trust Financials AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FXO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | FXO | Expense: | 63 bp | ALTAR Score™: | 9.2% |
Ticker | Fund Name |
Overlap1 vs FXO (%) |
Expense ratio (bp) |
Savings vs FXO (bp) |
ALTAR Score™ (%) |
ALTAR vs FXO (%) |
RYF | Invesco S&P 500 Equal Weight Financials ETF | 44.3 | 40 | 23 | 7.5 | -1.7 |
JHMF | John Hancock Multifactor Financials ETF | 40.7 | 40 | 23 | 6.4 | -2.8 |
IEFN | iShares Evolved U.S. Financials ETF | 36.2 | 18 | 45 | 7.5 | -1.7 |
KBE | SPDR S&P Bank ETF | 35.9 | 35 | 28 | 8.2 | -1.0 |
FNCL | Fidelity MSCI Financials Index ETF | 32.7 | 8 | 55 | 7.2 | -2.0 |
VFH | Vanguard Financials Index Fund | 31.6 | 10 | 53 | 7.2 | -2.0 |
KIE | SPDR S&P Insurance ETF | 31.3 | 35 | 28 | 8.1 | -1.0 |
RPV | Invesco S&P 500 Pure Value ETF | 31.2 | 35 | 28 | 9.9 | +0.7 |
XLF | Financial Select Sector SPDR Fund | 27.5 | 13 | 50 | 6.8 | -2.4 |
IYF | iShares U.S. Financials ETF | 27.1 | 42 | 21 | 6.0 | -3.2 |
KRE | SPDR S&P Regional Banking ETF | 26.1 | 35 | 28 | 7.5 | -1.6 |
IAT | iShares U.S. Regional Banks ETF | 24.9 | 42 | 21 | 7.9 | -1.3 |
IYG | iShares US Financial Services ETF | 23.0 | 42 | 21 | 5.9 | -3.3 |
FNK | First Trust Mid Cap Value AlphaDEX Fund | 22.6 | 70 | -7 | 7.7 | -1.5 |
PY | Principal Shareholder Yield Index ETF | 22.3 | 15 | 48 | 7.8 | -1.4 |
IAK | iShares U.S. Insurance ETF | 21.7 | 42 | 21 | 7.7 | -1.5 |
KCE | SPDR S&P Capital Markets ETF | 21.0 | 35 | 28 | 7.0 | -2.1 |
FTA | First Trust Large Cap Value AlphaDEX Fund | 20.9 | 60 | 3 | 7.3 | -1.9 |
FTXO | First Trust Nasdaq Bank ETF | 20.0 | 60 | 3 | 6.7 | -2.5 |
SPVU | Invesco S&P 500 Enhanced Value ETF | 19.9 | 13 | 50 | 9.4 | +0.2 |
IXG | iShares Global Financials ETF | 19.7 | 46 | 17 | 8.5 | -0.7 |
CVY | Invesco Zacks Multi-Asset Income ETF | 19.6 | 94 | -31 | 8.2 | -1.0 |
CDL | VictoryShares US Large Cap High Dividend Volatility Wtd Idx | 19.6 | 35 | 28 | 7.7 | -1.5 |
CDC | VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF | 19.6 | 35 | 28 | 7.7 | -1.5 |
FOVL | iShares Focused Value Factor ETF | 19.2 | 25 | 38 | 7.7 | -1.5 |
AUSF | Global X Adaptive U.S. Factor ETF | 19.1 | 27 | 36 | 8.0 | -1.1 |
FAB | First Trust Multi Cap Value AlphaDEX Fund | 18.7 | 71 | -8 | 7.5 | -1.7 |
KBWB | Invesco KBW Bank ETF | 18.0 | 35 | 28 | 7.9 | -1.3 |
RDVY | First Trust Rising Dividend Achievers ETF | 17.7 | 50 | 13 | 6.4 | -2.8 |
SPYD | SPDR S&P 500 High Dividend ETF | 17.7 | 7 | 56 | 9.2 | -0.0 |
RFV | Invesco S&P Midcap 400 Pure Value ETF | 17.3 | 35 | 28 | 8.9 | -0.3 |
DON | WisdomTree U.S. MidCap Dividend Fund | 16.8 | 38 | 25 | 6.7 | -2.5 |
ESGS | Columbia Sustainable U.S. Equity Income ETF | 16.4 | 35 | 28 | 7.4 | -1.8 |
KBWR | Invesco KBW Regional Banking ETF | 16.1 | 35 | 28 | 7.6 | -1.6 |
QSY | WisdomTree U.S. LargeCap Value Fund | 16.1 | 38 | 25 | 6.7 | -2.5 |
SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | 15.8 | 60 | 3 | 6.1 | -3.1 |
VFVA | Vanguard U.S. Value Factor ETF | 15.8 | 14 | 49 | 8.4 | -0.8 |
SPGP | Invesco S&P 500 GARP ETF | 15.7 | 34 | 29 | 6.2 | -3.0 |
FUNL | CornerCap Fundametrics Large-Cap ETF | 15.5 | 50 | 13 | 7.2 | -2.0 |
ALTL | Pacer Lunt Large Cap Alternator ETF | 15.5 | 60 | 3 | 5.6 | -3.6 |
SPHB | Invesco S&P 500 High Beta ETF | 15.5 | 25 | 38 | 5.9 | -3.3 |
USEQ | Invesco Russell 1000 Enhanced Equal Weight ETF | 15.4 | 29 | 34 | 6.0 | -3.2 |
DVY | iShares Select Dividend ETF | 15.2 | 39 | 24 | 8.0 | -1.2 |
STLV | iShares Factors US Value Style ETF | 15.2 | 25 | 38 | 6.5 | -2.7 |
PWV | Invesco Dynamic Large Cap Value ETF | 13.8 | 56 | 7 | 6.8 | -2.4 |
EZM | WisdomTree U.S. MidCap Earnings Fund | 13.8 | 38 | 25 | 7.6 | -1.6 |
JKI | iShares Morningstar Mid-Cap Value ETF | 13.7 | 30 | 33 | 7.6 | -1.6 |
MAGA | Point Bridge GOP Stock Tracker ETF | 13.7 | 72 | -9 | 5.3 | -3.9 |
VOOV | Vanguard S&P 500 Value ETF | 13.5 | 10 | 53 | 6.6 | -2.6 |
JKL | iShares Morningstar Small Cap Value ETF | 13.3 | 30 | 33 | 7.6 | -1.6 |
FNX | First Trust Mid Cap Core AlphaDEX Fund | 13.2 | 61 | 2 | 5.1 | -4.1 |
FCTR | First Trust Lunt U.S. Factor Rotation ETF | 12.9 | 65 | -2 | 1.2 | -8.0 |
MDYV | SPDR S&P 400 Mid Cap Value ETF | 12.9 | 15 | 48 | 6.9 | -2.2 |
VLU | SPDR S&P 1500 Value Tilt ETF | 12.9 | 12 | 51 | 6.1 | -3.1 |
KBWP | Invesco KBW Property & Casualty Insurance ETF | 12.8 | 35 | 28 | 6.1 | -3.1 |
IJJ | iShares S&P Mid-Cap 400 Value ETF | 12.8 | 18 | 45 | 6.9 | -2.3 |
FEX | First Trust Large Cap Core AlphaDEX Fund | 12.7 | 60 | 3 | 4.6 | -4.5 |
VONV | Vanguard Russell 1000 Value Index Fund | 12.5 | 8 | 55 | 6.1 | -3.1 |
ONEY | SPDR Russell 1000 Yield Focus ETF | 12.4 | 20 | 43 | 7.2 | -2.0 |
ONEV | SPDR Russell 1000 Low Volatility Focus ETF | 12.3 | 20 | 43 | 6.1 | -3.0 |
SCHD | Schwab U.S. Dividend Equity ETF | 12.2 | 6 | 57 | 7.1 | -2.1 |
IWD | iShares Russell 1000 Value ETF | 12.1 | 19 | 44 | 6.0 | -3.2 |
PSM | Principal U.S. Small-MidCap Multi-Factor Core Index ETF | 12.1 | 20 | 43 | 7.1 | -2.1 |
VYM | Vanguard High Dividend Yield Index ETF | 12.0 | 6 | 57 | 6.6 | -2.6 |
RDIV | Invesco S&P Ultra Dividend Revenue ETF | 12.0 | 39 | 24 | 8.7 | -0.5 |
WBIY | WBI Power Factor High Dividend ETF | 12.0 | 70 | -7 | 8.4 | -0.8 |
DFNL | Davis Select Financial ETF | 11.9 | 64 | -1 | 6.8 | -2.4 |
VTV | Vanguard Value Index Fund | 11.7 | 4 | 59 | 6.5 | -2.7 |
JVAL | JPMorgan U.S. Value Factor ETF | 11.7 | 12 | 51 | 7.1 | -2.1 |
RVRS | Reverse Cap Weighted U.S. Large Cap ETF | 11.6 | 29 | 34 | 6.1 | -3.1 |
SPVM | Invesco S&P 500 Value with Momentum ETF | 11.6 | 39 | 24 | 7.7 | -1.5 |
IWS | iShares Russell Mid-Cap Value ETF | 11.6 | 24 | 39 | 5.9 | -3.3 |
TUSA | First Trust Total US Market AlphaDEX ETF | 11.5 | 70 | -7 | 4.8 | -4.4 |
DGRO | iShares Core Dividend Growth ETF | 11.4 | 8 | 55 | 6.0 | -3.2 |
PKW | Invesco Buyback Achievers ETF | 11.4 | 62 | 1 | 5.4 | -3.8 |
IUSV | iShares Core S&P U.S. Value ETF | 11.3 | 4 | 59 | 6.4 | -2.8 |
IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 11.3 | 15 | 48 | 6.7 | -2.5 |
AMCA | iShares Russell 1000 Pure U.S. Revenue ETF | 11.3 | 15 | 48 | 6.0 | -3.2 |
DIVB | iShares U.S. Dividend & Buyback ETF | 11.1 | 25 | 38 | 5.9 | -3.3 |
REVS | Columbia Research Enhanced Value ETF | 11.0 | 19 | 44 | 6.7 | -2.5 |
SPYV | SPDR Portfolio S&P 500 Value ETF | 11.0 | 4 | 59 | 6.4 | -2.8 |
IVE | iShares S&P 500 Value ETF | 11.0 | 18 | 45 | 6.2 | -3.0 |
PFI | Invesco DWA Financial Momentum ETF | 10.9 | 60 | 3 | 4.9 | -4.3 |
PRF | Invesco FTSE RAFI US 1000 ETF | 10.9 | 39 | 24 | 5.8 | -3.4 |
SCHV | Schwab U.S. Large-Cap Value ETF | 10.9 | 4 | 59 | 6.0 | -3.2 |
RAFE | PIMCO RAFI ESG U.S. ETF | 10.9 | 30 | 33 | 6.6 | -2.5 |
FDL | First Trust Morningstar Dividend Leaders Index Fund | 10.8 | 45 | 18 | 9.1 | -0.0 |
MGV | Vanguard Mega Cap Value ETF | 10.7 | 7 | 56 | 6.4 | -2.7 |
CFO | VictoryShares US 500 Enhanced Volatility Weighted Index ETF | 10.6 | 35 | 28 | 5.0 | -4.2 |
VOE | Vanguard Mid-Cap Value Index Fund | 10.6 | 7 | 56 | 6.6 | -2.6 |
CFA | VictoryShares US 500 Volatility Weighted Index ETF | 10.6 | 35 | 28 | 5.0 | -4.2 |
HOMZ | Hoya Capital Housing ETF | 10.5 | 30 | 33 | 6.8 | -2.4 |
JHMM | John Hancock Multifactor Mid Cap ETF | 10.4 | 42 | 21 | 4.7 | -4.5 |
RSP | Invesco S&P 500 Equal Weight ETF | 10.3 | 20 | 43 | 5.6 | -3.6 |
SDY | SPDR S&P Dividend ETF | 10.3 | 35 | 28 | 6.4 | -2.8 |
IWX | iShares Russell Top 200 Value ETF | 10.2 | 20 | 43 | 6.0 | -3.2 |
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%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
---|---|---|---|---|---|---|---|
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 |
Content on this tab for subscribers only
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 Financials AlphaDEX Fund | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
SPECULATIVE |
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio. |
ALTAR Score™
|
MODERN PORTFOLIO THEORY
![]() |
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|