First Trust Industrials/Producer Durables AlphaDEX Fund
ALTAR
Score™
5.1% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
25.9x P/Sales
ratio
1.8x
P/BV
ratio
3.3x Div.
yield
1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
First Trust Industrials/Producer Durables AlphaDEXTM Fund seeks investment results that correspond to the StrataQuantIndustrials AlphaDEX.

FUND BASICS
Category US Equities
Fund Sponsor First Trust Advisors LP
Website www.ftportfolios.com
Inception date May 08, 2007
Assets (mns) $386
Currency USD
Expense ratio 63 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 126
Wgt avg mkt cap (mns) $27,511
Large cap (>$10bn) 54.7%
Mid cap ($2-10bn) 44.7%
Small cap (<$2bn) 0.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MKS INSTRUMENTS INC 1.6 %
BRUNSWICK CORP 1.5 %
GENERAC HOLDINGS INC 1.5 %
SCHNEIDER NATIONAL, INC. CLASS B 1.4 %
UNITED RENTALS INC 1.4 %
OSHKOSH CORP 1.4 %
QUANTA SERVICES INC 1.4 %
AXON ENTERPRISE INC 1.4 %
MDU RESOURCES GROUP INC 1.4 %
ZEBRA TECHNOLOGIES CORP-CL A 1.3 %
Total 14.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.3 %
BRITAIN 1.6 %
BRAZIL 1.3 %
IRELAND 1.1 %
BERMUDA 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.
12.8% 12.8% 15.0% 11.5% 8.1%

Market Correlations
versus... Beta R-squared
S&P500 1.33 90%
MSCI EAFE 1.29 83%
MSCI Emg. Mkts. 1.04 70%

Technical Indicators
Recent close $52.19
30d moving avg. $50.51
Annualized volatility 26.4%
Short interest (ETF) 0.7%
Short interest (Underlying) 5.2%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 81
Turnover 1.1%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $25,829

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the First Trust Industrials/Producer Durables AlphaDEX Fund ETF based on the alternatives' overlap in portfolio holdings with FXR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FXR Expense: 63 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FXR
Ticker Fund
Name
Overlap1
vs FXR
(%)
Expense
ratio
(bp)
Savings
vs FXR
(bp)
ALTAR
Score™
(%)
ALTAR
vs FXR
(%)
JHMI John Hancock Multifactor Industrials ETF 37.1 40 23 5.0 -0.1
IYJ iShares U.S. Industrials ETF 35.3 42 21 4.9 -0.3
RGI Invesco S&P 500 Equal Weight Industrials ETF 32.1 40 23 4.2 -0.9
VIS Vanguard Industrials Index Fund 30.0 10 53 4.7 -0.5
FIDU Fidelity MSCI Industrials Index ETF 29.9 8 55 4.8 -0.3
XLI Industrial Select Sector SPDR Fund 25.5 13 50 4.8 -0.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 23.0 60 3 4.6 -0.5
TPLC Timothy Plan US Large Cap Core ETF 19.9 52 11 4.4 -0.7
EXI iShares Global Industrials ETF 19.8 46 17 4.8 -0.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 18.3 29 34 7.2 +2.1
ONEO SPDR Russell 1000 Momentum Focus ETF 17.7 20 43 5.6 +0.4
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 17.7 17 46 5.6 +0.5
PAVE Global X U.S. Infrastructure Development ETF 17.6 47 16 4.2 -1.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 16.8 20 43 6.1 +1.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 16.5 35 28 5.0 -0.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 16.4 35 28 5.0 -0.1
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 16.2 29 34 6.0 +0.9
MAGA Point Bridge GOP Stock Tracker ETF 16.1 72 -9 5.3 +0.2
IJK iShares S&P Mid-Cap 400 Growth ETF 15.9 17 46 3.7 -1.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 15.9 15 48 3.7 -1.4
JHMM John Hancock Multifactor Mid Cap ETF 15.8 42 21 4.7 -0.5
CZA Invesco Zacks Mid-Cap ETF 15.6 69 -6 5.6 +0.4
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 15.4 17 46 6.1 +0.9
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 14.5 35 28 5.1 -0.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 14.4 15 48 4.2 -1.0
IWS iShares Russell Mid-Cap Value ETF 14.4 24 39 5.9 +0.8
XJH iShares ESG Screened S&P Mid-Cap ETF 14.3 12 51 5.4 +0.3
DSTL Distillate US Fundamental Stability & Value ETF 14.2 39 24 5.6 +0.5
KLCD KFA Large Cap Quality Dividend Index ETF 13.8 42 21 5.0 -0.1
SCHM Schwab U.S. Mid-Cap ETF 13.8 4 59 5.0 -0.2
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 13.7 30 33 5.3 +0.2
MDY SPDR S&P Midcap 400 ETF Trust 13.7 23 40 5.1 -0.0
SPMD SPDR Portfolio Mid Cap ETF 13.6 5 58 5.3 +0.2
IWR iShares Russell Midcap ETF 13.6 19 44 4.7 -0.4
IJH iShares Core S&P Mid-Cap ETF 13.6 5 58 5.3 +0.2
VALQ American Century STOXX U.S. Quality Value ETF 13.6 29 34 7.8 +2.7
XMLV Invesco S&P MidCap Low Volatility ETF 13.5 25 38 5.1 -0.0
RSP Invesco S&P 500 Equal Weight ETF 13.4 20 43 5.6 +0.4
XTN SPDR S&P Transportation ETF 13.4 35 28 3.3 -1.9
IVOO Vanguard S&P Mid-Cap 400 ETF 13.4 10 53 5.3 +0.1
DON WisdomTree U.S. MidCap Dividend Fund 13.4 38 25 6.7 +1.6
SDY SPDR S&P Dividend ETF 13.3 35 28 6.4 +1.3
JKG iShares Morningstar Mid-Cap ETF 13.3 25 38 4.4 -0.7
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 13.2 20 43 7.1 +2.0
FTA First Trust Large Cap Value AlphaDEX Fund 13.2 60 3 7.3 +2.2
AFMC First Trust Active Factor Mid Cap ETF 13.1 65 -2 5.2 +0.1
FEX First Trust Large Cap Core AlphaDEX Fund 13.1 60 3 4.6 -0.5
RVRS Reverse Cap Weighted U.S. Large Cap ETF 13.0 29 34 6.1 +1.0
XMHQ Invesco S&P MidCap Quality ETF 12.8 25 38 5.3 +0.2
JHMA John Hancock Multifactor Materials ETF 12.8 40 23 5.3 +0.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 12.6 4 59 4.8 -0.3
PPA Invesco Aerospace & Defense ETF 12.5 59 4 5.1 -0.0
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 12.5 25 38 5.8 +0.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 12.4 9 54 5.0 -0.2
FNK First Trust Mid Cap Value AlphaDEX Fund 12.1 70 -7 7.7 +2.6
TPHD Timothy Plan High Dividend Stock ETF 12.1 52 11 5.6 +0.4
LSAF LeaderShares AlphaFactor US Core Equity ETF 12.0 75 -12 5.2 +0.0
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 11.9 41 22 5.4 +0.3
SIZE iShares MSCI USA Size Factor ETF 11.9 15 48 5.1 -0.0
EUSA iShares MSCI USA Equal Weighted ETF 11.8 15 48 5.1 -0.1
AFLG First Trust Active Factor Large Cap ETF 11.6 55 8 4.7 -0.5
STMB iShares Factors US Mid Blend Style ETF 11.6 30 33 4.9 -0.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 11.6 35 28 3.3 -1.8
LRGF iShares Edge MSCI Multifactor USA ETF 11.5 20 43 6.0 +0.9
PY Principal Shareholder Yield Index ETF 11.4 15 48 7.8 +2.6
PEXL Pacer US Export Leaders ETF 11.4 60 3 4.6 -0.5
SFYX Sofi Next 500 ETF 11.4 0 63 4.8 -0.3
EZM WisdomTree U.S. MidCap Earnings Fund 11.3 38 25 7.6 +2.4
RNMC Mid Cap US Equity Select ETF 11.2 60 3 6.0 +0.9
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 11.2 25 38 6.8 +1.7
IFRA iShares U.S. Infrastructure ETF 11.2 40 23 5.0 -0.2
SHLD Victoryshares Protect America ETF 11.0 60 3 6.1 +1.0
RWK Invesco S&P MidCap 400 Revenue ETF 11.0 39 24 6.3 +1.2
FNX First Trust Mid Cap Core AlphaDEX Fund 11.0 61 2 5.1 -0.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 11.0 60 3 6.1 +1.0
XMMO Invesco S&P MidCap Momentum ETF 11.0 34 29 3.4 -1.7
ROUS Hartford Multifactor US Equity ETF 11.0 19 44 5.8 +0.7
VETS Pacer Military Times Best Employers ETF 10.8 60 3 6.1 +1.0
KVLE KFA Value Liner Dynamic Core Equity Index ETF 10.8 56 7 5.7 +0.5
EWMC Invesco S&P MidCap 400 Equal Weight ETF 10.7 40 23 5.6 +0.5
FAB First Trust Multi Cap Value AlphaDEX Fund 10.6 71 -8 7.5 +2.4
JHML John Hancock Multifactor Large Cap ETF 10.6 29 34 4.8 -0.3
IWP iShares Russell Mid-Cap Growth ETF 10.5 24 39 2.6 -2.5
FVD First Trust Value Line Dividend Index Fund 10.4 70 -7 5.8 +0.7
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 10.4 60 3 3.6 -1.5
DVLU First Trust Dorsey Wright Momentum & Value ETF 10.4 60 3 8.6 +3.5
BFOR Barron's 400 ETF 10.4 65 -2 5.6 +0.4
FSMD Fidelity Small-Mid Factor ETF 10.4 29 34 5.3 +0.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 10.3 7 56 3.9 -1.3
FTXR First Trust Nasdaq Transportation ETF 10.2 60 3 5.8 +0.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 10.1 28 35 6.0 +0.9
RBUS Nationwide Risk-Based U.S. Equity ETF 10.1 30 33 4.6 -0.6
VO Vanguard Mid-Cap Index Fund 10.1 4 59 4.5 -0.6
SPGP Invesco S&P 500 GARP ETF 10.1 34 29 6.2 +1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 10.1 30 33 5.0 -0.1
JKJ iShares Morningstar Small-Cap ETF 10.1 25 38 5.1 -0.1
VONV Vanguard Russell 1000 Value Index Fund 10.0 8 55 6.1 +1.0
VAW Vanguard Materials Index Fund 10.0 10 53 5.0 -0.2
USXF iShares ESG Advanced MSCI USA ETF 10.0 10 53 4.5 -0.6

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 Industrials/Producer Durables 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 17.1 %
Divided by: Fwd. P/BV 3.0 x
Less: Expense ratio 63 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 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.