FBZ

First Trust Brazil AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FBZ Fund Description

FBZ tracks an index weighted in tiers and selected based on a proprietary methodology.

FBZ Factset Analytics Insight

FBZ does not attempt to provide neutral exposure to Brazil, instead trying to select firms best positioned to outperform the market. This gives it a significant small- and midcap tilt, makes it a poor Fit to our benchmark, and a choice only for those investors willing to assume the increased risks of its portfolio. FBZ more than doubles the utilities exposure of the market (13% vs. 6%) while giving consumer non-cyclicals (the second largest weighting in our benchmark) a 7% haircut. These sector bets drive a slightly increased beta. Even if this skewed portfolio is your cup of tea (although we see no significant alpha), before diving in, be aware that the fund is highly priced (80 bps expense ratio) and its meager asset tally makes it a nightmare to trade.

FBZ MSCI ESG Analytics Insight

First Trust Brazil AlphaDEX Fund has an MSCI ESG Fund Rating of BB based on a score of 2.88 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 Brazil AlphaDEX Fund ranks in the 7th percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FBZ 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.

FBZ Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/08/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FBZ 4.07% -4.75% 23.28% 23.15% 12.08% 5.44% --
FBZ (NAV) 3.17% -5.04% 22.18% 24.94% 11.85% 5.36% --
NASDAQ AlphaDEX Brazil Index 3.83% -3.81% 24.92% 27.64% -- 7.13% --
MSCI Brazil IMI 6.27% -1.56% 16.00% 15.48% 9.89% 4.84% -1.18%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FBZ Summary Data

First Trust
04/18/11
Open-Ended Fund
0.80%
$110.54M
$242.31K
0.57%

FBZ Portfolio Data

$9.24B
-223.60
2.03
3.12%
12/13/19
51

FBZ Index Data

Tiered
Multi-Factor
MSCI Brazil IMI

FBZ Portfolio Management

0.80%
-1.88%
0.82%
-5.35%

FBZ Tax Exposures

20.00% / 39.60%
2.94%
Ordinary income
No

FBZ Fund Structure

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

FBZ Factset Analytics Block Liquidity

As of 11/11/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FBZ. FBZ is rated a 4 out of 5.

FBZ Tradability

14,690
$242.31K
4,109
$64.77K
0.57%
$0.09
-0.48%
3.42% / -2.27%
None
85.00%
50,000
0.08
0.30%
0.11%
0
$16.06
4

FBZ Sector/Industry Breakdown


FBZ
Segment Benchmark
22.19%
6.98%
18.73%
36.40%
14.78%
12.14%
9.70%
8.16%
7.60%
11.37%
7.34%
6.96%
7.11%
1.80%
6.31%
13.17%
4.54%
2.26%
1.71%
0.75%

FBZ Top 10 Holdings[View All]

4.04%
3.90%
3.39%
3.30%
3.30%
3.27%
3.25%
3.03%
2.99%
2.85%
33.32%

FBZ Countries


FBZ
Segment Benchmark
100.00%
100.00%

FBZ Regions


FBZ
Segment Benchmark
100.00%
100.00%

FBZ Economic Development


FBZ
Segment Benchmark
100.00%
100.00%

FBZ Performance Statistics

0.89
0.93
0.90
0.98
0.49%
MSCI Brazil IMI

FBZ MSCI ESG Ratings

BB
2.88 / 10
13.40
7.18
4.01%
6.86%
412.60

FBZ Benchmark Comparison Holdings

51
121
45
33.56%

FBZ Benchmark Comparison Summary


FBZ
Segment Benchmark
51
121
$9.24B
$36.68B
-223.60
14.54
2.03
2.14
3.06%
3.19%
Medium
High

FBZ Benchmark Comparison Market Cap Size


FBZ
Segment Benchmark
17.80%
57.96%
65.47%
31.29%
16.73%
10.26%
0.00%
0.49%