FTAFirst Trust Large Cap Value AlphaDEX Fund
FTA Fund Description
FTA tracks an index that selects and weights value stocks using fundamental factors including sales, book value and cash flows.
FTA Factset Analytics Insight
FTA tracks an index which implements its proprietary AlphaDEX selection methodology to select large-cap value stocks. The index starts by removing stocks from the NASDAQ US 500 Large Cap Index which do not trade on an eligible exchange, duplicate stocks, and do not meet liquidity screens. Then, all remaining securities are grouped into either “growth” or “value” buckets. Only those in the “value” buckets are eligible for inclusion. Those eligible are then scored individually and the top 187 stocks are selected for inclusion in the index. The selected stocks are then split into quintiles based on their selection score, with higher scoring quintiles receiving a greater weight in the Index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly.
FTA MSCI ESG Analytics Insight
First Trust Large Cap Value AlphaDEX Fund has an MSCI ESG Fund Rating of A based on a score of 7.05 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 Large Cap Value AlphaDEX Fund ranks in the 80th percentile within its peer group and in the 93th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FTA 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.
FTA Summary Data
FTA Portfolio Data
FTA Index Data
FTA Portfolio Management
FTA Tax Exposures
FTA Fund Structure
FTA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FTA. FTA is rated a 5 out of 5.
FTA Sector/Industry Breakdown
FTA Top 10 Holdings[View All]
FTA Economic Development
FTA Performance Statistics
FTA MSCI ESG Ratings
FTA Benchmark Comparison Summary
FTA Benchmark Comparison Market Cap Size