FAB

First Trust Multi Cap Value AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FAB Fund Description

FAB tracks an index that uses fundamental factors to select and weight value stocks from the S&P 1500 Value Index.

FAB Factset Analytics Insight

FAB aims to outperform the broad-based S&P Composite 1500 Value Index. Its index uses a quantitative methodology that selects and weights securities within the S&P Value Index using three value factors (P/B, ROA, and P/FCF). The idea is to produce an outperforming, value focused portfolio. The resulting portfolio exhibits a value bias relative to our value benchmark, carrying lower P/E and P/B ratios. Still, it has not generated additional yield, as FAB actually carries a lower dividend yield than our benchmark. FAB makes huge sector bets and carries a drastic small tilt, two distinctions that may make the fund a poor Fit for more conservative investors. This higher risk portfolio comes with a huge price tag.Note: On April 8, 2016 the fund switched underlying indexes from the old “Defined” index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.

FAB MSCI ESG Analytics Insight

First Trust Multi Cap Value AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.41 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. First Trust Multi Cap Value AlphaDEX Fund ranks in the 26th percentile within its peer group and in the 70th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FAB MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

FAB Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 12/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FAB 0.54% 4.42% 20.04% 12.72% 4.64% 6.01% 10.90%
FAB (NAV) 0.60% 4.27% 19.82% 12.92% 4.71% 6.03% 10.92%
NASDAQ AlphaDEX Multi Cap Value Index 0.65% 4.49% 20.71% 13.78% 5.46% 9.88% 10.92%
MSCI USA IMI Value Index 1.32% 4.14% 22.28% 16.24% 8.71% 8.63% 11.61%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FAB Summary Data

First Trust
05/08/07
Open-Ended Fund
0.71%
$87.73M
$209.53K
0.28%

FAB Portfolio Data

$28.16B
12.60
1.44
1.82%
12/13/19
676

FAB Index Data

Tiered
Multi-Factor
MSCI USA IMI Value Index

FAB Portfolio Management

0.71%
-0.71%
-0.54%
-0.87%

FAB Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FAB Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FAB Factset Analytics Block Liquidity

As of 12/12/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FAB. FAB is rated a 5 out of 5.

FAB Tradability

3,876
$209.53K
2,697
$151.78K
0.28%
$0.15
-0.07%
1.71% / -1.06%
None
100.00%
50,000
0.05
0.02%
0.01%
0
$56.72
5

FAB Sector/Industry Breakdown


FAB
Segment Benchmark
27.67%
27.71%
17.38%
9.07%
13.72%
8.09%
9.88%
7.39%
8.34%
9.17%
7.67%
2.85%
5.89%
14.20%
4.72%
11.23%
3.33%
6.49%
1.41%
3.80%

FAB Countries


FAB
Segment Benchmark
100.00%
99.94%
--
0.06%

FAB Regions


FAB
Segment Benchmark
100.00%
100.00%

FAB Economic Development


FAB
Segment Benchmark
100.00%
100.00%

FAB Performance Statistics

0.86
1.24
1.18
1.12
0.44%
MSCI USA IMI Value Index

FAB MSCI ESG Ratings

4.41 / 10
70.35
26.13
5.22%
2.89%
256.16

FAB Benchmark Comparison Holdings

676
1500
530
30.81%

FAB Benchmark Comparison Summary


FAB
Segment Benchmark
676
1500
$28.16B
$117.81B
12.60
20.99
1.44
2.16
2.29%
2.81%
Low
Low

FAB Benchmark Comparison Market Cap Size


FAB
Segment Benchmark
39.94%
81.50%
39.94%
13.76%
19.91%
4.28%
0.22%
0.46%