FNK

First Trust Mid Cap Value AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FNK Fund Description

FNK tracks a midcap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme.

FNK Factset Analytics Insight

FNK offers an alternative take on US midcap value stocks. Its quant-based methodology attempts to outperform the space by selecting stocks from its base index — NASDAQ US 600 Mid Cap Index and screens it for value factors. The resulting underlying index portfolio includes 225 stocks with value factors such as price/book value, price/cash flow and return on assets. The stocks are further divided equally into quintiles after the value screens, overweighting the highest scoring securities. The index is reconstituted and rebalanced quarterly. Prior to April 8, 2016, the Fund’s tracked the Defined Mid Cap Value Index, the universe may differ slightly but the factors and methodology are the same.

FNK MSCI ESG Analytics Insight

First Trust Mid Cap Value AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.15 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 Mid Cap Value AlphaDEX Fund ranks in the 29th percentile within its peer group and in the 36th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FNK 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.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNK -2.22% -1.59% 26.20% 56.27% 6.46% 9.05% 9.86%
FNK (NAV) -2.26% -1.00% 25.92% 54.25% 6.31% 9.10% 9.85%
NASDAQ AlphaDEX Mid Cap Value Index -2.20% -0.83% 26.61% 57.23% 8.75% -- --
MSCI USA Mid Cap Value Index -0.88% 1.66% 23.35% 43.77% 10.67% 12.30% 13.57%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNK Summary Data

First Trust
04/19/11
Open-Ended Fund
0.70%
$128.13M
$1.83M
0.11%

FNK Portfolio Data

$7.98B
12.57
1.71
0.39%
N/A
224

FNK Index Data

Tiered
Multi-Factor
MSCI USA Mid Cap Value Index

FNK Portfolio Management

0.70%
-3.08%
-2.04%
-6.97%

FNK Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNK Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

FNK Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

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

FNK Tradability

40,700
$1.83M
25,433
$1.12M
0.11%
$0.05
0.00%
0.96% / -0.49%
None
99.00%
50,000
0.51
0.02%
0.04%
0
$44.78
5

FNK Sector/Industry Breakdown


FNK
Segment Benchmark
35.90%
32.91%
17.42%
15.66%
11.84%
12.74%
8.61%
7.70%
8.34%
7.60%
6.69%
9.21%
4.83%
3.96%
3.75%
5.10%
2.07%
3.07%

FNK Countries


FNK
Segment Benchmark
100.00%
100.00%

FNK Regions


FNK
Segment Benchmark
100.00%
100.00%

FNK Economic Development


FNK
Segment Benchmark
100.00%
100.00%

FNK Performance Statistics

0.92
1.24
1.36
1.14
0.41%
MSCI USA Mid Cap Value Index

FNK MSCI ESG Ratings

5.15 / 10
35.65
29.41
6.10%
5.53%
362.03

FNK Benchmark Comparison Holdings

224
225
59
16.84%

FNK Benchmark Comparison Summary


FNK
Segment Benchmark
224
225
$7.98B
$20.09B
12.57
25.80
1.71
2.44
1.91%
1.76%
Low
Low

FNK Benchmark Comparison Market Cap Size


FNK
Segment Benchmark
7.15%
81.44%
92.85%
18.56%
0.00%
0.00%
0.00%
0.00%