What is FXN?

FXN tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FXN -8.21% -13.16% -11.33% -5.41% 61.75% 3.89% -2.00%
FXN (NAV) -8.26% -13.11% -11.36% -5.44% 61.97% 3.90% -1.99%
StrataQuant Energy Index -8.25% -13.01% -11.26% -5.15% 63.11% 4.51% -1.45%
MSCI USA IMI Energy -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FXN Factset Analytics Insight

FXN doesn't aim to represent the broad US energy space. Instead, it tries to pick winners by employing a quant-based model and tiered equal-weighting scheme. The resulting portfolio is heavily tilted toward mid-caps. The fund also comes with heavy industry tilts, away from large integrated oil & gas companies, and overweights smaller-cap industries such as drilling & exploration. The resulting beta is relatively risky but understandable in light of the fund’s strategy. The index is reconstituted and rebalanced on a quarterly basis.

FXN Summary Data

First Trust
05/08/07
0.61%
$708.88M
StrataQuant Energy Index
MSCI USA IMI Energy
Open-Ended Fund

Peers

MSCI USA IMI Energy

Fund Flows

-$0.03B 5 Days
-$0.38B 30 Days
-$1.02B 90 Days

FXN Portfolio Data

$45.88B
5.69
2.32
3.89%
N/A
41

FXN Index Data

StrataQuant Energy Index
Tiered
Multi-Factor
MSCI USA IMI Energy

FXN Portfolio Management

0.61%
-1.11%
-0.29%
-1.79%

FXN Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FXN Fund Structure

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

Factset Analytics Block Liquidity

As of 03/28/23

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

FXN Tradability

3,024,101
$50.19M
1,913,397
$29.34M
0.06%
$0.01
-0.02%
0.15% / -0.18%
None
100.00%
50,000
38.27
0.10%
0.02%
171
$14.91
5

FXN Sector/Industry Breakdown

FXN Segment
Benchmark
73.90% --
13.88% --
5.64% --
3.64% --
2.43% --
0.50% --
-0.00% --

FXN Performance Statistics

--
--
--
--
--
MSCI USA IMI Energy

FXN Countries

FXN Segment
Benchmark
99.93% --

FXN Regions

FXN Segment
Benchmark
99.93% --

FXN Economic Development

FXN Segment
Benchmark
99.93% --
0.00% --

FXN Benchmark Comparison Holdings

41
--
--
--

FXN Benchmark Comparison Summary

FXN Segment
Benchmark
41 --
$45.88B --
5.69 --
2.32 --
2.49% --
Medium --

FXN Benchmark Comparison Market Cap Size

FXN Segment
Benchmark
66.29% --
33.63% --
0.00% --
0.00% --