Latest news with #AlphaDEX
Yahoo
4 days ago
- Business
- Yahoo
Should You Invest in the First Trust Energy AlphaDEX ETF (FXN)?
Designed to provide broad exposure to the Energy - Broad segment of the equity market, the First Trust Energy AlphaDEX ETF (FXN) is a passively managed exchange traded fund launched on 05/08/2007. Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors. Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Energy - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 15, placing it in bottom 6%. The fund is sponsored by First Trust Advisors. It has amassed assets over $287.92 million, making it one of the average sized ETFs attempting to match the performance of the Energy - Broad segment of the equity market. FXN seeks to match the performance of the StrataQuant Energy Index before fees and expenses. The StrataQuant Energy Index is a modified equal-dollar weighted index designed by the AMEX to objectively identify and select stocks from the Russell 1000 Index that may generate positive alpha relative to traditional passive style indices through the use of the AlphaDEX screening methodology. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.61%, making it on par with most peer products in the space. It has a 12-month trailing dividend yield of 2.82%. Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Energy sector--about 93.20% of the portfolio. Looking at individual holdings, First Solar, Inc. (FSLR) accounts for about 5.80% of total assets, followed by Permian Resources Corp. (PR) and Matador Resources Company (MTDR). The top 10 holdings account for about 41.17% of total assets under management. Year-to-date, the First Trust Energy AlphaDEX ETF has lost about -0.52% so far, and is down about -7.65% over the last 12 months (as of 07/09/2025). FXN has traded between $12.88 and $18.61 in this past 52-week period. The ETF has a beta of 0.90 and standard deviation of 28.31% for the trailing three-year period, making it a high risk choice in the space. With about 41 holdings, it has more concentrated exposure than peers. First Trust Energy AlphaDEX ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, FXN is an excellent option for investors seeking exposure to the Energy ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well. Vanguard Energy ETF (VDE) tracks MSCI US Investable Market Energy 25/50 Index and the Energy Select Sector SPDR ETF (XLE) tracks Energy Select Sector Index. Vanguard Energy ETF has $7.28 billion in assets, Energy Select Sector SPDR ETF has $27.90 billion. VDE has an expense ratio of 0.09% and XLE charges 0.08%. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Energy AlphaDEX ETF (FXN): ETF Research Reports First Solar, Inc. (FSLR) : Free Stock Analysis Report Energy Select Sector SPDR ETF (XLE): ETF Research Reports Matador Resources Company (MTDR) : Free Stock Analysis Report Vanguard Energy ETF (VDE): ETF Research Reports Permian Resources Corporation (PR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
6 days ago
- Business
- Business Insider
First Trust Financials AlphaDEX becomes the largest shareholders of Freedom Holding after Timur Turlov
New York, United States, July 7th, 2025, FinanceWire As part of its scheduled portfolio rebalancing, the First Trust Financials AlphaDEX Fund (NASDAQ: FXO) acquired 185,000 shares of Freedom Holding Corp. (NASDAQ: FRHC), adding them to its portfolio. As a result of this transaction, the fund has become the second largest shareholder of the company, following its founder and CEO, Timur Turlov. FRHC now holds a 1.22% weighting in the index that underlies the fund's structure. FXO is an exchange-traded fund (ETF) that tracks the performance of the StrataQuant Financials Index. This index includes companies from the financial services sector that are selected using the AlphaDEX methodology. This methodology screens stocks based on fundamental growth and value factors, highlighting Freedom Holding's appeal as a company with significant growth potential and robust investment fundamentals. "We are pleased to see that Freedom Holding has attracted the attention of such institutional investors as First Trust. This is a confirmation that our strategy of sustainable growth, digital transformation and building a full-fledged financial ecosystem resonates with the professional investment community," commented CEO Timur Turlov. FRHC's inclusion in the fund indicates a high evaluation of the company's business momentum, especially given its ongoing development of a comprehensive financial ecosystem. In recent months, Freedom Holding has significantly expanded its product range, strengthened its market presence, and continued to transform its platforms digitally. These initiatives, alongside strong financial performance, have led to an enhanced investment rating and a more robust position within the S&P index. International credit rating agency S&P Global Ratings has recently revised the outlook on Freedom Holding Corp.'s core operating subsidiaries from 'Stable' to 'Positive,' while affirming their credit ratings at 'B+/B'. The revised outlook applied to Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC. The rating of the parent company, Freedom Holding Corp., was affirmed at 'B-' with a Stable outlook. The addition of FRHC to FXO's portfolio serves as further confirmation that Freedom Holding meets the stringent selection criteria of leading institutional investors and continues to solidify its position as one of the most promising players in the financial sector. The Stanford Graduate School of Business has included a case study on Freedom Holding Corp. in its academic curriculum- the first case of its kind from Central Asia to be studied at one of the world's leading universities. About Freedom Holding Corp. Freedom Holding Corp. is an international financial and technology group listed on the Nasdaq (ticker: FRHC). The company offers investment, banking, insurance, and digital services through its integrated platform, Freedom SuperApp. The group operates in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company's principal executive office is located in New York City. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC). Contact Public Relations
Yahoo
03-07-2025
- Business
- Yahoo
Is First Trust Large Cap Growth AlphaDEX ETF (FTC) a Strong ETF Right Now?
Launched on 05/08/2007, the First Trust Large Cap Growth AlphaDEX ETF (FTC) is a smart beta exchange traded fund offering broad exposure to the Style Box - Large Cap Growth category of the market. Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. FTC is managed by First Trust Advisors, and this fund has amassed over $1.19 billion, which makes it one of the average sized ETFs in the Style Box - Large Cap Growth. FTC seeks to match the performance of the Nasdaq AlphaDEX Large Cap Growth Index before fees and expenses. The NASDAQ AlphaDEX Large Cap Growth Index is an enhanced index which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Growth Index. For ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same. Operating expenses on an annual basis are 0.58% for this ETF, which makes it on par with most peer products in the space. It's 12-month trailing dividend yield comes in at 0.35%. Most ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings. This ETF has heaviest allocation in the Financials sector - about 20.8% of the portfolio. Information Technology and Industrials round out the top three. When you look at individual holdings, Robinhood Markets, Inc. (class A) (HOOD) accounts for about 1.47% of the fund's total assets, followed by Roblox Corporation (class A) (RBLX) and Carvana Co. (class A) (CVNA). Its top 10 holdings account for approximately 11.91% of FTC's total assets under management. So far this year, FTC return is roughly 8.83%, and was up about 23.09% in the last one year (as of 07/03/2025). During this past 52-week period, the fund has traded between $115.51 and $150.97. FTC has a beta of 1.11 and standard deviation of 18.68% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 188 holdings, it effectively diversifies company-specific risk . First Trust Large Cap Growth AlphaDEX ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Growth ETF (VUG) tracks CRSP U.S. Large Cap Growth Index and the Invesco QQQ (QQQ) tracks NASDAQ-100 Index. Vanguard Growth ETF has $173.93 billion in assets, Invesco QQQ has $353.41 billion. VUG has an expense ratio of 0.04% and QQQ changes 0.20%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Growth To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Large Cap Growth AlphaDEX ETF (FTC): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-06-2025
- Business
- Yahoo
Is First Trust Health Care AlphaDEX ETF (FXH) a Strong ETF Right Now?
The First Trust Health Care AlphaDEX ETF (FXH) made its debut on 05/08/2007, and is a smart beta exchange traded fund that provides broad exposure to the Health Care ETFs category of the market. For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment. Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. Because the fund has amassed over $916.26 million, this makes it one of the larger ETFs in the Health Care ETFs. FXH is managed by First Trust Advisors. Before fees and expenses, FXH seeks to match the performance of the StrataQuant Health Care Index. The StrataQuant Health Care Index employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. With on par with most peer products in the space, this ETF has annual operating expenses of 0.60%. It's 12-month trailing dividend yield comes in at 0.38%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Healthcare sector - about 100% of the portfolio. When you look at individual holdings, Tenet Healthcare Corporation (THC) accounts for about 2.51% of the fund's total assets, followed by Cardinal Health, Inc. (CAH) and Penumbra, Inc. (PEN). FXH's top 10 holdings account for about 23.4% of its total assets under management. The ETF has lost about -1.12% so far this year and is down about -2.11% in the last one year (as of 06/13/2025). In the past 52-week period, it has traded between $93.63 and $113.83. FXH has a beta of 0.75 and standard deviation of 16.10% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 77 holdings, it effectively diversifies company-specific risk. First Trust Health Care AlphaDEX ETF is a reasonable option for investors seeking to outperform the Health Care ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Health Care ETF (VHT) tracks MSCI US Investable Market Health Care 25/50 Index and the Health Care Select Sector SPDR ETF (XLV) tracks Health Care Select Sector Index. Vanguard Health Care ETF has $15.50 billion in assets, Health Care Select Sector SPDR ETF has $35.07 billion. VHT has an expense ratio of 0.09% and XLV charges 0.08%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Health Care ETFs. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Health Care AlphaDEX ETF (FXH): ETF Research Reports Cardinal Health, Inc. (CAH) : Free Stock Analysis Report Tenet Healthcare Corporation (THC) : Free Stock Analysis Report Health Care Select Sector SPDR ETF (XLV): ETF Research Reports Vanguard Health Care ETF (VHT): ETF Research Reports Penumbra, Inc. (PEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-06-2025
- Business
- Yahoo
Should First Trust Large Cap Value AlphaDEX ETF (FTA) Be on Your Investing Radar?
Launched on 05/08/2007, the First Trust Large Cap Value AlphaDEX ETF (FTA) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.09 billion, making it one of the average sized ETFs attempting to match the Large Cap Value segment of the US equity market. Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. Looking at their long-term performance, value stocks have outperformed growth stocks in almost all markets. They are however likely to underperform growth stocks in strong bull markets. When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal. Annual operating expenses for this ETF are 0.58%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 2.12%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Financials sector--about 23.70% of the portfolio. Industrials and Information Technology round out the top three. Looking at individual holdings, Western Digital Corporation (WDC) accounts for about 1.03% of total assets, followed by Hewlett Packard Enterprise Company (HPE) and Steel Dynamics, Inc. (STLD). The top 10 holdings account for about 9.76% of total assets under management. FTA seeks to match the performance of the Nasdaq AlphaDEX Large Cap Value Index before fees and expenses. The NASDAQ AlphaDEX Large Cap Value Index is an enhanced index which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Value Index. The ETF return is roughly 0.96% so far this year and was up about 5.79% in the last one year (as of 06/09/2025). In the past 52-week period, it has traded between $67.12 and $83.49. The ETF has a beta of 0.90 and standard deviation of 17.41% for the trailing three-year period, making it a medium risk choice in the space. With about 188 holdings, it effectively diversifies company-specific risk. First Trust Large Cap Value AlphaDEX ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FTA is a reasonable option for those seeking exposure to the Style Box - Large Cap Value area of the market. Investors might also want to consider some other ETF options in the space. The Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV) track a similar index. While Schwab U.S. Dividend Equity ETF has $69.01 billion in assets, Vanguard Value ETF has $134.57 billion. SCHD has an expense ratio of 0.06% and VTV charges 0.04%. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust Large Cap Value AlphaDEX ETF (FTA): ETF Research Reports Steel Dynamics, Inc. (STLD) : Free Stock Analysis Report Western Digital Corporation (WDC) : Free Stock Analysis Report Hewlett Packard Enterprise Company (HPE) : Free Stock Analysis Report Vanguard Value ETF (VTV): ETF Research Reports Schwab U.S. Dividend Equity ETF (SCHD): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
