FABFirst Trust Multi Cap Value AlphaDEX Fund
FAB Fund Description
FAB tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices.
FAB Factset Analytics Insight
FAB holds a broad value-focused portfolio of stocks from the Nasdaq US Select Index Family. The fund uses a quantitative methodology to select and weight securities in three different size segments. In particular, FAB uses three value factors (P/B, ROA, and P/FCF) to rank companies. Once the fund has selected those firms best positioned for value, it employs a tiered weighting strategy that assigns weights of 50% to large caps, 30% to midcaps and 20% to small-caps. FAB makes huge sector bets and carries a small tilt. The index is reconstituted and rebalanced quarterly. 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 A based on a score of 6.54 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 41st percentile within its peer group and in the 76th 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 Summary Data
FAB Portfolio Data
FAB Index Data
FAB Portfolio Management
FAB Tax Exposures
FAB Fund Structure
FAB Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FAB Top 10 Holdings[View All]
FAB Economic Development
FAB Performance Statistics
FAB MSCI ESG Ratings
FAB Benchmark Comparison Summary
FAB Benchmark Comparison Market Cap Size