FDTFirst Trust Developed Markets ex-US AlphaDEX Fund
FDT Fund Description
FDT 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. FDT is reconstituted and rebalanced semi-annually. On November 1, 2020, First Trust consolidated four single country funds into FDT: First Trust Australia AlphaDex Fund (FAUS), First Trust Canada AlphaDex Fund (FCAN), First Trust Hong Kong AlphaDex Fund (FHK) and First Trust South Korea AlphaDex Fund (FKO).
FDT MSCI ESG Analytics Insight
First Trust Developed Markets ex-US AlphaDEX Fund has an MSCI ESG Fund Rating of A based on a score of 5.72 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 Developed Markets ex-US AlphaDEX Fund ranks in the 43th percentile within its peer group and in the 31st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FDT 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.
FDT Summary Data
FDT Portfolio Data
FDT Index Data
FDT Portfolio Management
FDT Tax Exposures
FDT Fund Structure
FDT Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FDT Top 10 Holdings[View All]
FDT Economic Development
FDT Performance Statistics
FDT MSCI ESG Ratings
FDT Benchmark Comparison Summary
FDT Benchmark Comparison Market Cap Size