FXHFirst Trust Health Care AlphaDEX Fund
FXH Fund Description
FXH tracks a tiered, equal-weighted index of large- and midcap US health care companies. Holdings are selected and weighted based on various growth and value criteria.
FXH Factset Analytics Insight
FXH tracks a quant-driven index that attempts to achieve excess returns by selecting health care stocks based on growth and value factors, and equal-weighting them in tiers. The portfolio offers noteworthy midcap exposure, downplaying familiar large-cap names relative to cap-weighted peer funds. Additionally, FXH underweights pharmaceuticals relative to the market, but allows a significant exposure to biotechnology and healthcare providers. Overall, this fund offers a “smart beta” approach to the US health care space, tilting away from big pharma and towards other facets of health care. The index is reconstituted and rebalanced on a quarterly basis.
FXH MSCI ESG Analytics Insight
First Trust Health Care AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 5.62 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 Health Care AlphaDEX Fund ranks in the 34th percentile within its peer group and in the 68th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FXH 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.
FXH Summary Data
FXH Portfolio Data
FXH Index Data
FXH Portfolio Management
FXH Tax Exposures
FXH Fund Structure
FXH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FXH. FXH is rated a 5 out of 5.
FXH Sector/Industry Breakdown
FXH Top 10 Holdings[View All]
FXH Economic Development
FXH Performance Statistics
FXH MSCI ESG Ratings
FXH Benchmark Comparison Summary
FXH Benchmark Comparison Market Cap Size