FXL

First Trust Technology AlphaDEX Fund
A

62
*Unless otherwise stated, data provided by FactSet.

FXL Fund Description

FXL tracks a tiered equal-weighted index of U.S. technology firms.

FXL Factset Analytics Insight

FXL attempts to outperform the broad-based US technology market, selecting securities based on their growth and value factors and skewing away from neutral coverage. Its tiered equal-weighting scheme overweights semiconductor companies and underweights larger software and IT services firms. You see this in FXL's average market cap, which is much smaller than our benchmark's. Despite FXL's complex methodology, the fund does not reliably outperform the market and often lags it. A fairly liquid fund, FXL trades in decent volume at reasonable spreads. Larger investors should see even better liquidity. FXL is expensive to hold, however, charging a very high fee for its segment, though it does track its index well.

FXL MSCI ESG Analytics Insight

First Trust Technology AlphaDEX Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.93 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 39th percentile within its peer group and in the 27th 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.

FXL CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FXL -3.52% 4.71% 26.66% 12.32% 23.52% 15.72% 16.63%
FXL (NAV) -2.09% 4.55% 28.64% 13.38% 24.11% 15.93% 16.71%
StrataQuant Technology Index -1.98% 4.79% 29.26% 13.82% 24.66% 16.55% 16.71%
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
0.63%
$2.28B
$12.91M
0.04%

FXL Portfolio Data

$45.39B
36.26
5.08
0.42%
09/25/19
103

FXL Index Data

Tiered
Multi-Factor
Thomson Reuters US Technology

FXL Portfolio Management

0.63%
-0.42%
-0.25%
-0.95%

FXL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FXL Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FXL Factset Analytics Block Liquidity

As of 08/22/19
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

191,371
$12.91M
147,271
$10.12M
0.04%
$0.03
0.01%
0.14% / -0.20%
None
100.00%
50,000
2.95
0.02%
0.06%
58
$67.40
5

FXL Sector/Industry Breakdown


FXL
Segment Benchmark
57.47%
65.98%
23.97%
13.87%
7.74%
4.77%
6.90%
13.77%
2.98%
1.49%
0.94%
--

FXL TOP 10 HOLDINGS[View All]

1.83%
19.43%

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

0.90
1.05
0.99
1.05
0.53%
Thomson Reuters US Technology

FXL MSCI ESG Ratings

BBB
4.93 / 10
26.77
38.74
0.90%
4.16%
37.71

FXL BENCHMARK COMPARISON HOLDINGS

103
346
88
23.77%

FXL BENCHMARK COMPARISON SUMMARY


FXL
Segment Benchmark
103
346
$45.39B
$416.21B
36.26
27.19
5.08
6.68
0.69%
1.00%
Low
High

FXL BENCHMARK COMPARISON MARKET CAP SIZE


FXL
Segment Benchmark
63.78%
90.39%
34.00%
7.70%
2.22%
1.77%
0.00%
0.14%