FXZ
First Trust Materials AlphaDEX FundFXZ Fund Description
FXZ tracks an index of US basic materials companies that are selected and weighted using a proprietary strategy focused on growth and value metrics.
FXZ Factset Analytics Insight
FXZ utilizes a proprietary strategy to pick the 'best' US basic materials firms. This minimalist approach means the fund is more concentrated than our benchmark, holding fewer than half as many names in its basket. The fund also tilts away from large-caps to the mid- and small-cap end of the cap range. The result is major sector tilts, elevated risk at times, and—to date—no consistent outperformance. FXZ’s expense ratio is higher than the norm, and loose tracking means that realized costs have generally been even higher. The good news is that most investors can access the fund easily, with reasonable daily trading volume and tight spreads. Block liquidity is strong, offering straightforward creation/redemption for larger investors.
FXZ MSCI ESG Analytics Insight
First Trust Materials AlphaDEX Fund has an MSCI ESG Fund Rating of BB based on a score of 4.11 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 Materials AlphaDEX Fund ranks in the 20th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FXZ 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.
FXZ Charts And Performance
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FXZ Summary Data
FXZ Portfolio Data
FXZ Index Data
FXZ Portfolio Management
FXZ Tax Exposures
FXZ Fund Structure
FXZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FXZ. FXZ is rated a 5 out of 5.
FXZ Tradability
FXZ Top 10 Holdings[View All]
FXZ Performance Statistics
FXZ MSCI ESG Ratings
FXZ Benchmark Comparison Summary
FXZ
FXZ Benchmark Comparison Market Cap Size
FXZ
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