First Trust Industrials/Producer Durables AlphaDEX Fund
ALTAR
Score™
7.1% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
21.3x P/Sales
ratio
1.1x
P/BV
ratio
2.0x Div.
yield
1.5%


  • 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) $183
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 119
Wgt avg mkt cap (mns) $27,613
Large cap (>$10bn) 46.0%
Mid cap ($2-10bn) 48.8%
Small cap (<$2bn) 5.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
RESIDEO TECHNOLOGIES, INC. 2.2 %
WESCO INTERNATIONAL INC 1.8 %
UNITED RENTALS INC 1.7 %
OWENS CORNING 1.7 %
PAYPAL HOLDINGS INC 1.6 %
SYNCHRONY FINANCIAL 1.6 %
FAIR ISAAC CORP 1.6 %
AIR LEASE CORP 1.5 %
MANPOWER INC 1.5 %
OLD DOMINION FREIGHT LINE 1.5 %
Total 16.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.6 %
IRELAND 2.7 %
BRITAIN 2.1 %
BERMUDA 0.6 %







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.
-15.3% -9.2% 5.9% 11.2% 6.1%

Market Correlations
versus... Beta R-squared
S&P500 1.38 91%
MSCI EAFE 1.40 82%
MSCI Emg. Mkts. 1.00 66%

Technical Indicators
Recent close $37.67
30d moving avg. $37.87
Annualized volatility 24.5%
Short interest (ETF) 2.8%
Short interest (Underlying) 5.2%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 79
Turnover 1.6%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $30,241

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 7.1%


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
(%)
IYJ iShares U.S. Industrials ETF 35.6 42 21 5.9 -1.2
JHMI John Hancock Multifactor Industrials ETF 31.7 40 23 6.1 -1.0
RGI Invesco S&P 500 Equal Weight Industrials ETF 28.4 40 23 5.7 -1.4
FIDU Fidelity MSCI Industrials Index ETF 26.2 8 55 6.0 -1.1
VIS Vanguard Industrials Index Fund 26.1 10 53 5.9 -1.2
XLI Industrial Select Sector SPDR Fund 21.3 13 50 5.9 -1.2
TPLC Timothy Plan US Large Cap Core ETF 19.8 52 11 5.5 -1.5
KLCD KFA Large Cap Quality Dividend Index ETF 18.2 41 22 5.4 -1.7
EXI iShares Global Industrials ETF 17.1 46 17 6.2 -0.9
CFA VictoryShares US 500 Volatility Weighted Index ETF 16.3 35 28 6.0 -1.1
PRN Invesco DWA Industrials Momentum ETF 16.2 60 3 4.8 -2.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 15.4 29 34 9.9 +2.8
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 15.1 29 34 6.8 -0.3
IWP iShares Russell Mid-Cap Growth ETF 15.0 24 39 4.1 -2.9
PSET Principal Price Setters Index ETF 14.8 29 34 4.6 -2.5
LVUS Hartford Multifactor Low Volatility US Equity ETF 14.6 19 44 6.1 -1.0
PAVE Global X U.S. Infrastructure Development ETF 14.6 47 16 5.8 -1.3
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 14.3 25 38 6.0 -1.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 14.3 20 43 7.1 +0.0
LSAF LeaderShares AlphaFactor US Core Equity ETF 14.2 75 -12 7.4 +0.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 14.1 17 46 6.4 -0.6
MAGA Point Bridge GOP Stock Tracker ETF 14.0 72 -9 6.6 -0.5
PDP Invesco DWA Momentum ETF 14.0 62 1 2.8 -4.3
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 13.8 30 33 6.0 -1.1
RPG Invesco S&P 500 Pure Growth ETF 13.7 35 28 4.4 -2.7
ONEO SPDR Russell 1000 Momentum Focus ETF 13.7 20 43 6.5 -0.6
JHMM John Hancock Multifactor Mid Cap ETF 13.7 42 21 5.8 -1.3
SCHM Schwab U.S. Mid-Cap ETF 13.6 4 59 6.3 -0.8
IWR iShares Russell Midcap ETF 13.2 19 44 5.7 -1.4
RSP Invesco S&P 500 Equal Weight ETF 13.2 20 43 6.8 -0.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 13.1 9 54 5.9 -1.2
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 12.9 25 38 7.9 +0.8
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 12.9 48 15 5.8 -1.3
JHMA John Hancock Multifactor Materials ETF 12.9 40 23 6.8 -0.3
SIZE iShares Edge MSCI USA Size Factor ETF 12.9 15 48 6.4 -0.7
EUSA iShares MSCI USA Equal Weighted ETF 12.8 15 48 6.3 -0.8
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 12.6 35 28 5.4 -1.7
FTC First Trust Large Cap Growth AlphaDEX Fund 12.5 61 2 2.9 -4.2
DGRW WisdomTree U.S. Quality Dividend Growth Fund 12.4 28 35 6.5 -0.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 12.3 4 59 5.8 -1.3
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 12.3 20 43 9.6 +2.5
JHML John Hancock Multifactor Large Cap ETF 12.3 29 34 5.6 -1.5
XTN SPDR S&P Transportation ETF 12.3 35 28 5.7 -1.4
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 12.2 17 46 6.6 -0.5
DSTL Distillate US Fundamental Stability & Value ETF 12.2 39 24 6.6 -0.5
FDLO Fidelity Low Volatility Factor ETF 12.2 29 34 5.2 -1.9
DON WisdomTree U.S. MidCap Dividend Fund 12.2 38 25 7.8 +0.7
FEX First Trust Large Cap Core AlphaDEX Fund 12.1 60 3 6.0 -1.0
EQWM Invesco S&P MidCap Quality ETF 12.0 25 38 6.5 -0.6
LGLV SPDR Russell 1000 Low Volatility ETF 11.8 12 51 5.7 -1.4
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 11.7 60 3 8.6 +1.5
IJK iShares S&P Mid-Cap 400 Growth ETF 11.7 24 39 4.9 -2.2
PPA Invesco Aerospace & Defense ETF 11.7 59 4 6.1 -1.0
MDYG SPDR S&P 400 Mid Cap Growth ETF 11.7 15 48 5.0 -2.1
VIG Vanguard Dividend Appreciation Index Fund 11.6 6 57 5.5 -1.6
SPVM Invesco S&P 500 Value with Momentum ETF 11.6 39 24 9.2 +2.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 11.6 15 48 5.0 -2.1
VEGN US Vegan Climate ETF 11.6 60 3 5.2 -1.9
SPGP Invesco S&P 500 GARP ETF 11.6 35 28 7.3 +0.2
GFIN Goldman Sachs Motif Finance Reimagined ETF 11.6 50 13 5.4 -1.7
FLLV Franklin Liberty U.S. Low Volatility ETF 11.4 29 34 5.9 -1.2
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 11.4 40 23 6.2 -0.8
RVRS Reverse Cap Weighted U.S. Large Cap ETF 11.4 29 34 8.3 +1.2
JKG iShares Morningstar Mid-Cap ETF 11.3 25 38 5.6 -1.5
JHMF John Hancock Multifactor Financials ETF 11.2 40 23 7.9 +0.8
MDY SPDR S&P Midcap 400 ETF Trust 11.2 23 40 6.5 -0.6
EQAL Invesco Russell 1000 Equal Weight ETF 11.2 20 43 5.7 -1.4
IJH iShares Core S&P Mid-Cap ETF 11.2 6 57 6.7 -0.4
DSI iShares MSCI KLD 400 Social ETF 11.2 25 38 5.2 -1.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 11.2 65 -2 3.4 -3.7
SPXV ProShares S&P 500 Ex-Health Care ETF 11.2 27 36 5.1 -2.0
SPMD SPDR Portfolio Mid Cap ETF 11.2 5 58 6.7 -0.4
DEF Invesco Defensive Equity ETF 11.2 55 8 5.1 -1.9
IVOO Vanguard S&P Mid-Cap 400 ETF 11.1 10 53 6.5 -0.5
BFOR Barron's 400 ETF 11.1 65 -2 6.4 -0.7
AVUS Avantis U.S. Equity ETF 11.1 15 48 5.8 -1.3
AFMC First Trust Active Factor Mid Cap ETF 11.0 65 -2 6.4 -0.7
PFM Invesco Dividend Achievers ETF 11.0 54 9 5.5 -1.6
PY Principal Shareholder Yield Index ETF 10.9 29 34 9.6 +2.5
RYT Invesco S&P 500 Equal Weight Technology ETF 10.9 40 23 6.7 -0.3
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 10.9 20 43 7.7 +0.6
RWK Invesco S&P MidCap 400 Revenue ETF 10.8 39 24 8.2 +1.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 10.8 18 45 6.3 -0.8
IWF iShares Russell 1000 Growth ETF 10.8 19 44 4.2 -2.9
VONG Vanguard Russell 1000 Growth Index Fund 10.7 8 55 4.3 -2.8
SPXN ProShares S&P 500 Ex-Financials ETF 10.7 27 36 5.0 -2.1
CZA Invesco Zacks Mid-Cap ETF 10.6 76 -13 6.3 -0.8
IUSG iShares Core S&P US Growth ETF 10.6 4 59 4.4 -2.7
FVL First Trust Value Line 100 Exchange-Traded Fund 10.6 70 -7 5.2 -1.9
CATH Global X S&P 500 Catholic Values Custom ETF 10.5 29 34 5.3 -1.8
SDY SPDR S&P Dividend ETF 10.5 35 28 7.0 -0.1
IWB iShares Russell 1000 ETF 10.4 15 48 5.2 -1.9
FVD First Trust Value Line Dividend Index Fund 10.4 70 -7 6.4 -0.7
DTEC ALPS Disruptive Technologies ETF 10.4 50 13 3.6 -3.5
VONE Vanguard Russell 1000 ETF 10.4 8 55 5.3 -1.8
VOOG Vanguard S&P 500 Growth ETF 10.4 10 53 4.3 -2.8
SPYG SPDR Portfolio S&P 500 Growth ETF 10.3 4 59 4.4 -2.7
IVW iShares S&P 500 Growth ETF 10.3 18 45 4.2 -2.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 10.3 24 39 6.2 -0.9
CLRG IQ Chaikin U.S. Large Cap ETF 10.3 25 38 6.1 -1.0

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:

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 14.5 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 63 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 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.