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Yahoo
3 days ago
- Business
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Is First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) a Strong ETF Right Now?
Launched on 05/08/2007, the First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) is a smart beta exchange traded fund offering broad exposure to the Industrials ETFs 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. There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies. 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. The fund is managed by First Trust Advisors, and has been able to amass over $1.86 billion, which makes it one of the larger ETFs in the Industrials ETFs. Before fees and expenses, FXR seeks to match the performance of the StrataQuant Industrials Index. The StrataQuant Industrials 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. With on par with most peer products in the space, this ETF has annual operating expenses of 0.60%. FXR's 12-month trailing dividend yield is 0.69%. 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. FXR's heaviest allocation is in the Industrials sector, which is about 69.5% of the portfolio. Its Financials and Materials round out the top three. When you look at individual holdings, Howmet Aerospace Inc. (HWM) accounts for about 1.54% of the fund's total assets, followed by General Electric Company (GE) and Air Lease Corporation (AL). The top 10 holdings account for about 13.93% of total assets under management. Year-to-date, the First Trust Industrials/Producer Durables AlphaDEX ETF return is roughly 2.96% so far, and was up about 14.23% over the last 12 months (as of 07/04/2025). FXR has traded between $60.85 and $83.27 in this past 52-week period. The ETF has a beta of 1.14 and standard deviation of 20.49% for the trailing three-year period, making it a medium risk choice in the space. With about 137 holdings, it effectively diversifies company-specific risk . First Trust Industrials/Producer Durables AlphaDEX ETF is a reasonable option for investors seeking to outperform the Industrials ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Industrials ETF (VIS) tracks MSCI US Investable Market Industrials 25/50 Index and the Industrial Select Sector SPDR ETF (XLI) tracks Industrial Select Sector Index. Vanguard Industrials ETF has $5.79 billion in assets, Industrial Select Sector SPDR ETF has $22.31 billion. VIS has an expense ratio of 0.09% and XLI changes 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 Industrials 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 Industrials/Producer Durables AlphaDEX ETF (FXR): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
4 days ago
- 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
26-06-2025
- Business
- Yahoo
Is First Trust Multi Cap Growth AlphaDEX ETF (FAD) a Strong ETF Right Now?
Designed to provide broad exposure to the Style Box - All Cap Growth category of the market, the First Trust Multi Cap Growth AlphaDEX ETF (FAD) is a smart beta exchange traded fund launched on 05/08/2007. The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market. A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. 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. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. The fund is managed by First Trust Advisors. FAD has been able to amass assets over $279.2 million, making it one of the average sized ETFs in the Style Box - All Cap Growth. This particular fund seeks to match the performance of the Nasdaq AlphaDEX Multi Cap Growth Index before fees and expenses. The NASDAQ AlphaDEX Multi Cap Growth Index is an enhanced which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Index, NASDAQ US 600 Mid Cap Index and NASDAQ US 700 Small Cap Index. When considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal. With on par with most peer products in the space, this ETF has annual operating expenses of 0.62%. FAD's 12-month trailing dividend yield is 0.52%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. For FAD, it has heaviest allocation in the Financials sector --about 19.8% of the portfolio --while Industrials and Information Technology round out the top three. Taking into account individual holdings, Robinhood Markets, Inc. (class A) (HOOD) accounts for about 0.74% of the fund's total assets, followed by Carvana Co. (class A) (CVNA) and Roblox Corporation (class A) (RBLX). The top 10 holdings account for about 5.97% of total assets under management. So far this year, FAD return is roughly 3.58%, and is up roughly 17.28% in the last one year (as of 06/26/2025). During this past 52-week period, the fund has traded between $114.67 and $150.30. The ETF has a beta of 1.13 and standard deviation of 19.55% for the trailing three-year period, making it a medium risk choice in the space. With about 677 holdings, it effectively diversifies company-specific risk . First Trust Multi Cap Growth AlphaDEX ETF is a reasonable option for investors seeking to outperform the Style Box - All Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider. iShares Morningstar Growth ETF (ILCG) tracks MORNINGSTAR US LARGE-MID CP BRD GRWTH ID and the iShares Core S&P U.S. Growth ETF (IUSG) tracks S&P 900 Growth Index. iShares Morningstar Growth ETF has $2.66 billion in assets, iShares Core S&P U.S. Growth ETF has $22.86 billion. ILCG has an expense ratio of 0.04% and IUSG changes 0.04%. 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 - All 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 Multi Cap Growth AlphaDEX ETF (FAD): 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
Yahoo
24-06-2025
- Business
- Yahoo
Is First Trust NYSE Arca Biotechnology ETF (FBT) a Strong ETF Right Now?
Launched on 06/19/2006, the First Trust NYSE Arca Biotechnology ETF (FBT) is a smart beta exchange traded fund offering 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 offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such. 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. The fund is managed by First Trust Advisors. FBT has been able to amass assets over $994.75 million, making it one of the larger ETFs in the Health Care ETFs. This particular fund seeks to match the performance of the NYSE Arca Biotechnology Index before fees and expenses. The NYSE Arca Biotechnology Index is an equal dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. 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. Operating expenses on an annual basis are 0.56% for this ETF, which makes it on par with most peer products in the space. The fund has a 12-month trailing dividend yield of 0.74%. ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. FBT's heaviest allocation is in the Healthcare sector, which is about 100% of the portfolio. Looking at individual holdings, Acadia Pharmaceuticals Inc. (ACAD) accounts for about 4.7% of total assets, followed by Neurocrine Biosciences, Inc. (NBIX) and Alnylam Pharmaceuticals, Inc. (ALNY). FBT's top 10 holdings account for about 38.34% of its total assets under management. The ETF has lost about -4.37% and is up roughly 4.91% so far this year and in the past one year (as of 06/24/2025), respectively. FBT has traded between $145.67 and $182.19 during this last 52-week period. FBT has a beta of 0.60 and standard deviation of 20.49% for the trailing three-year period, which makes the fund a high risk choice in the space. With about 31 holdings, it has more concentrated exposure than peers . First Trust NYSE Arca Biotechnology 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. SPDR S&P Biotech ETF (XBI) tracks S&P Biotechnology Select Industry Index and the iShares Biotechnology ETF (IBB) tracks Nasdaq Biotechnology Index. SPDR S&P Biotech ETF has $4.66 billion in assets, iShares Biotechnology ETF has $5.25 billion. XBI has an expense ratio of 0.35% and IBB changes 0.45%. 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 NYSE Arca Biotechnology ETF (FBT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-06-2025
- Business
- Yahoo
Should First Trust Growth Strength ETF (FTGS) Be on Your Investing Radar?
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the First Trust Growth Strength ETF (FTGS) is a passively managed exchange traded fund launched on 10/25/2022. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.08 billion, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market. Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Qualities of growth stocks include faster growth rates compared to the broader market, as well as higher valuations and higher than average sales and earnings growth rates. Additionally, growth stocks have a greater level of risk associated with them. Compared to value stocks, growth stocks are a safer bet in a strong bull market, but don't perform as strongly in almost all other financial environments. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.60%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 0.38%. While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 30.40% of the portfolio. Financials and Industrials round out the top three. Looking at individual holdings, Vertiv Holdings Co (VRT) accounts for about 2.40% of total assets, followed by Arista Networks, Inc. (ANET) and Servicenow, Inc. (NOW). The top 10 holdings account for about 22.32% of total assets under management. FTGS seeks to match the performance of the THE GROWTH STRENGTH INDEX before fees and expenses. The Growth Strength Index provides exposure to a mix of domestic equities with filters for liquidity, return on equity, long-term debt, revenue and cash flow growth. The ETF has gained about 4.35% so far this year and is up about 7.19% in the last one year (as of 06/23/2025). In the past 52-week period, it has traded between $26.62 and $33.44. The ETF has a beta of 1.14 and standard deviation of 18.08% for the trailing three-year period. With about 51 holdings, it effectively diversifies company-specific risk. First Trust Growth Strength 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, FTGS is a good option for those seeking exposure to the Style Box - Large Cap Growth area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Growth ETF (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Growth ETF has $166.01 billion in assets, Invesco QQQ has $335.78 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. 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. 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 Growth Strength ETF (FTGS): ETF Research Reports Invesco QQQ (QQQ): ETF Research Reports ServiceNow, Inc. (NOW) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report Vanguard Growth ETF (VUG): ETF Research Reports Vertiv Holdings Co. (VRT) : 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
