FDT

First Trust Developed Markets ex-US AlphaDEX Fund
C

22
*Unless otherwise stated, data provided by FactSet.

FDT Fund Description

The First Trust Developed Markets Ex-U.S. AlphaDex ETF tracks an index of international, developed-market stocks, selected by growth and value factors and equal-weighted in tiers.

FDT Factset Analytics Insight

FDT employs a rather involved strategy in an attempt to deliver market-beating performance. It focuses on the ex-US space and scores each security twice, by both growth and value characteristics, assigning whatever score is highest as the stock's style score. It then takes the top 300 stocks and breaks them into quintiles, giving higher-scoring quintiles greater weight in the index. The fund does set constraints on geographic weighting, to prevent the portfolio from skewing too far afield in terms of country exposure. FDT is reconstituted semi-annually.As you might expect, major sector bets abound, while geographic tilts can be significant if not quite as dramatic. The fund has a midcap tilt and a much lower average market cap than our benchmark, despite ignoring small- and micro-caps. The efficacy of this strategy is far from a sure thing: FDT doesn’t follow our benchmark well, but still captures most of its risk, especially to the downside. FDT trades decently, but retail investors will still find sizeable spreads and uneven daily volume. Institutional investors should be able to get straightforward execution on block trades. FDT charges a step fee, but the fund tends to track its index well, delivering its unusual strategy at the stated cost.

FDT 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 August 16, 2018 the First Trust Developed Markets ex-US AlphaDEX Fund MSCI ESG Fund Quality Score is 5.32 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. FDT ranks in the 45th percentile within its peer group and in the 43th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

FDT CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/16/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDT -4.11% -9.29% -6.96% 2.19% 6.92% 5.71% --
FDT (NAV) -4.01% -8.64% -6.62% 2.69% 7.10% 5.74% --
MSCI World ex USA Investable Market Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDT Top 10 Countries

FDT Top 10 Sectors

FDT Top 10 Holdings [View All]

FDT Summary Data

First Trust
04/18/11
Open-Ended Fund
0.80%
$1.22B
$5.72M
0.11%

FDT Portfolio Data

$14.14B
9.64
1.29
2.08%
09/14/18
298

FDT Index Data

Tiered
Multi-Factor
MSCI World ex USA Investable Market Index

FDT Portfolio Management

0.80%
-0.76%
1.62%
-2.26%

FDT Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FDT Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FDT Factset Analytics Block Liquidity

As of 08/17/18
5
4
3
2
1

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

FDT Tradability

95,619
$5.72M
81,715
$4.88M
0.11%
$0.07
0.24%
1.10% / -0.90%
None
19.00%
50,000
1.63
0.21%
0.11%
--
$57.66
5

FDT Sector/Industry Breakdown


FDT
Segment Benchmark
22.92%
23.97%
15.80%
7.99%
15.33%
12.32%
15.13%
15.04%
7.57%
9.82%
7.30%
6.06%
7.08%
7.39%
4.22%
9.07%
2.28%
3.39%
1.87%
2.93%

FDT TOP 10 HOLDINGS[View All]

1.07%
0.77%
0.73%
0.71%
0.70%
0.69%
0.68%
0.67%
0.65%
0.64%
7.31%

FDT Countries


FDT
Segment Benchmark
25.48%
22.92%
11.98%
--
10.24%
2.95%
9.95%
8.91%
8.13%
16.68%
6.67%
6.38%
4.95%
2.37%
4.70%
8.22%
3.43%
0.83%
3.12%
8.79%

FDT Regions


FDT
Segment Benchmark
57.53%
33.91%
33.58%
56.00%
10.39%
9.59%
0.13%
0.50%

FDT Economic Development


FDT
Segment Benchmark
100.00%
100.00%

FDT Performance Statistics

--
--
--
--
0.00%
MSCI World ex USA Investable Market Index

FDT MSCI ESG Ratings

5.32 / 10
44.66
42.62
5.92%
6.08%
380.22

FDT BENCHMARK COMPARISON HOLDINGS

298
3551
244
12.12%

FDT BENCHMARK COMPARISON SUMMARY


FDT
Segment Benchmark
298
3551
$14.14B
$49.83B
9.64
15.87
1.29
1.65
2.48%
3.08%
Low
--

FDT BENCHMARK COMPARISON MARKET CAP SIZE


FDT
Segment Benchmark
27.15%
67.07%
71.91%
24.12%
0.94%
7.93%
0.00%
0.88%