FDT

First Trust Developed Markets ex-US AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

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, 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

First Trust Developed Markets ex-US AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.17 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 24th 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 Charts And Performance

Price Chart ($)
Total Return Chart (%)
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PERFORMANCE [as of 12/04/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDT -0.79% 6.98% 12.18% 3.53% 6.97% 4.00% --
FDT (NAV) 0.14% 6.35% 12.74% 7.55% 7.21% 4.23% --
NASDAQ AlphaDEX Developed Markets Ex-US Index -0.28% 6.39% 13.41% 6.59% 8.11% 62.94% --
MSCI World ex USA IMI 0.01% 6.60% 18.52% 11.83% 9.27% 4.50% 5.19%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDT Summary Data

First Trust
04/18/11
Open-Ended Fund
0.80%
$676.60M
$3.00M
0.15%

FDT Portfolio Data

$16.37B
10.56
1.20
2.15%
12/13/19
301

FDT Index Data

Tiered
Multi-Factor
MSCI World ex USA IMI

FDT Portfolio Management

0.80%
-0.76%
4.87%
-2.56%

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
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FDT Factset Analytics Block Liquidity

As of 12/05/19
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

56,315
$3.00M
42,196
$2.26M
0.15%
$0.08
-0.12%
0.75% / -1.65%
None
24.00%
50,000
0.84
0.22%
0.08%
0
$54.56
5

FDT Sector/Industry Breakdown


FDT
Segment Benchmark
21.32%
12.22%
19.52%
23.75%
15.68%
16.08%
13.56%
7.60%
8.92%
6.98%
6.29%
10.18%
5.61%
3.43%
4.54%
6.25%
2.40%
3.51%
2.15%
10.01%

FDT Top 10 Holdings[View All]

0.65%
0.64%
0.63%
0.62%
0.61%
0.61%
0.60%
0.60%
0.60%
0.59%
6.15%

FDT Countries


FDT
Segment Benchmark
26.38%
23.63%
10.59%
7.54%
10.04%
8.80%
9.54%
15.13%
8.22%
2.90%
5.56%
--
5.47%
9.06%
4.97%
2.77%
4.97%
2.24%
4.76%
6.32%

FDT Regions


FDT
Segment Benchmark
45.63%
34.54%
42.94%
55.32%
10.15%
9.63%
1.28%
0.51%

FDT Economic Development


FDT
Segment Benchmark
100.00%
100.00%

FDT Performance Statistics

0.89
1.06
1.05
1.05
0.24%
MSCI World ex USA IMI

FDT MSCI ESG Ratings

5.17 / 10
24.14
43.06
6.58%
6.76%
319.38

FDT Benchmark Comparison Holdings

301
3542
269
15.57%

FDT Benchmark Comparison Summary


FDT
Segment Benchmark
301
3542
$16.37B
$54.32B
10.56
17.83
1.20
1.63
2.84%
3.15%
Low
Low

FDT Benchmark Comparison Market Cap Size


FDT
Segment Benchmark
31.77%
69.07%
67.64%
22.47%
0.59%
7.44%
0.00%
1.01%