FKUFirst Trust United Kingdom AlphaDEX Fund
FKU Fund Description
FKU tracks a tiered equal-weighted index of 75 companies selected based on NASDAQ’s AlphaDEX selection methodology.
FKU Factset Analytics Insight
FKU aims to outperform the broad UK equity market through the use of the AlphaDEX selection methodology. The fund starts by assigning both growth and value scores to NASDAQ United Kingdom Index (parent index) constituents. Growth score is measured by 3-, 6- and 12-month price appreciation, sales-to-price, and 1-year sales growth, whereas value score is calculated by book value-to-price, cash flow-to-price, and return-on-assets. Securities are then identified as either a value or growth stock based on its best style rank which will also be used as its selection score. The top 75 names based on selection score are included in the fund’s portfolio. Selected securities are then split into quintiles based on their selection scores, with higher scoring quintiles receiving a greater weight. Securities are equally-weighted within each quintile. To limit concentration, the fund employs sector constraints relative to its parent index. The Index is rebalanced and reconstituted semi-annually.
FKU MSCI ESG Analytics Insight
First Trust United Kingdom AlphaDEX Fund has an MSCI ESG Fund Rating of AAA based on a score of 9.44 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 United Kingdom AlphaDEX Fund ranks in the 99th percentile within its peer group and in the 100th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FKU 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.
FKU Summary Data
FKU Portfolio Data
FKU Index Data
FKU Portfolio Management
FKU Tax Exposures
FKU Fund Structure
FKU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FKU. FKU is rated a 4 out of 5.
FKU Sector/Industry Breakdown
FKU Top 10 Holdings[View All]
FKU Economic Development
FKU Performance Statistics
FKU MSCI ESG Ratings
FKU Benchmark Comparison Summary
FKU Benchmark Comparison Market Cap Size