FXL

First Trust Technology AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FXL Fund Description

FXL tracks a tiered, equal-weighted index of large- and midcap US technology firms. Holdings are selected and weighted based on growth and value metrics.

FXL Factset Analytics Insight

FXL attempts to outperform the broad US technology market by selecting securities based on growth and value factors, and skewing away from neutral coverage. The fund’s tiered equal-weighting scheme leads to a midcap bias and significant sector tilts. That is, FXL overweights semiconductor companies at the expense of larger software and IT services firms. Overall, the fund offers a “smart beta” approach to the US technology space, instead of giving market-like sector exposure. The index is reconstituted and rebalanced quarterly.

FXL MSCI ESG Analytics Insight

First Trust Technology AlphaDEX Fund has an MSCI ESG Fund Rating of A based on a score of 6.57 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 Technology AlphaDEX Fund ranks in the 57th percentile within its peer group and in the 64th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FXL 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 10/20/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FXL 2.86% 9.34% 17.00% 34.49% 33.00% 29.95% 21.18%
FXL (NAV) 4.43% 7.11% 16.86% 35.12% 32.90% 29.96% 21.19%
StrataQuant Technology Index 4.49% 7.31% 17.48% 36.10% 33.70% 30.66% 21.97%
Thomson Reuters US Technology -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FXL Summary Data

First Trust
05/08/07
Open-Ended Fund
0.61%
$2.83B
$7.22M
0.05%

FXL Portfolio Data

$125.85B
39.86
5.37
0.02%
N/A
106

FXL Index Data

Tiered
Multi-Factor
Thomson Reuters US Technology

FXL Portfolio Management

0.61%
-1.06%
-0.88%
-1.93%

FXL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FXL Fund Structure

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

FXL Factset Analytics Block Liquidity

As of 10/21/21
5
4
3
2
1

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

FXL Tradability

58,254
$7.22M
44,726
$5.57M
0.05%
$0.06
-0.01%
0.21% / -0.10%
None
98.00%
50,000
0.92
0.01%
0.09%
14
$130.62
5

FXL Sector/Industry Breakdown


FXL
Segment Benchmark
59.64%
61.98%
21.97%
12.85%
9.01%
15.83%
4.84%
1.09%
1.43%
0.04%
0.91%
0.85%
0.26%
0.14%

FXL Top 10 Holdings[View All]

17.26%

FXL Countries


FXL
Segment Benchmark
100.00%
100.00%

FXL Regions


FXL
Segment Benchmark
100.00%
100.00%

FXL Economic Development


FXL
Segment Benchmark
100.00%
100.00%

FXL Performance Statistics

0.81
1.12
1.14
1.24
0.74%
Thomson Reuters US Technology

FXL MSCI ESG Ratings

6.57 / 10
64.30
56.99
3.71%
--
30.28

FXL Benchmark Comparison Holdings

106
447
103
26.05%

FXL Benchmark Comparison Summary


FXL
Segment Benchmark
106
447
$125.85B
$1,032.89B
39.86
38.37
5.37
9.15
0.58%
0.68%
Low
High

FXL Benchmark Comparison Market Cap Size


FXL
Segment Benchmark
69.24%
94.77%
30.76%
4.36%
0.00%
0.81%
0.00%
0.06%