FXHFirst Trust Health Care AlphaDEX Fund
FXH Fund Description
The First Trust Health Care AlphaDEX ETF tracks an index of U.S. healthcare companies selected and weighted based on various growth and value criteria.
FXH Factset Analytics Insight
FXH tracks a quant-driven index that attempts to achieve excess returns by selecting and weighting health care stocks based on growth and value factors. The portfolio offers noteworthy midcap exposure, downplaying familiar large-cap names relative to cap-weighted peer funds. Pharma is underweight relative to the market, but biotechnology and healthcare providers have a significant presence. FXH charges notably higher fees than peer funds but it’s not expensive to trade. Overall, this fund offers a “smart beta” approach to the healthcare space that tilts away from big pharma and towards other facets of healthcare.
FXH MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 19, 2018 the First Trust Health Care AlphaDEX Fund MSCI ESG Fund Quality Score is 4.45 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FXH ranks in the 30th percentile within its peer group and in the 17th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
FXH CHARTS AND PERFORMANCE
FXH Top 10 Countries
FXH Top 10 Sectors
FXH Top 10 Holdings [View All]
FXH Summary Data
FXH Portfolio Data
FXH Index Data
FXH Portfolio Management
FXH Tax Exposures
FXH Fund Structure
FXH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FXH. FXH is rated a 5 out of 5.
FXH Sector/Industry Breakdown
FXH TOP 10 HOLDINGS[View All]
FXH Economic Development
FXH Performance Statistics
FXH MSCI ESG Ratings
FXH BENCHMARK COMPARISON SUMMARY
FXH BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.