FXOFirst Trust Financials AlphaDEX Fund
FXO Fund Description
The First Trust Financials AlphaDEX ETF seeks to outperform the US financials sector by tracking a proprietary index of stocks selected from the Russell 1000 Financial Services Index.
FXO Factset Analytics Insight
FXO attempts to beat the US financials market, though its results may not be consistent. It applies a quant model to the financials universe in hopes of picking winners by determining the degree to which firms outperform or underperform on a risk-adjusted basis relative to the index benchmark, then equal-weighting them in tiers. This method leads FXO to a perpetual mid-cap bias, and tilts it to different sectors than you'd see in our benchmark, including non-financials. Its exposure is, by design, not very market-like. FXO is highly Tradable, with stronger underlying liquidity. However, it's an expensive fund to hold, with some of the highest fees in its segment and a median performance difference that significantly higher than its expense ratio.
FXO 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 17, 2018 the First Trust Financials AlphaDEX Fund MSCI ESG Fund Quality Score is 3.96 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. FXO ranks in the 10th percentile within its peer group and in the 8th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
FXO CHARTS AND PERFORMANCE
FXO Top 10 Countries
FXO Top 10 Sectors
FXO Top 10 Holdings [View All]
FXO Summary Data
FXO Portfolio Data
FXO Index Data
FXO Portfolio Management
FXO Tax Exposures
FXO Fund Structure
FXO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FXO. FXO is rated a 5 out of 5.
FXO Sector/Industry Breakdown
FXO TOP 10 HOLDINGS[View All]
FXO Economic Development
FXO Performance Statistics
FXO MSCI ESG Ratings
FXO BENCHMARK COMPARISON SUMMARY
FXO BENCHMARK COMPARISON MARKET CAP SIZE