First Trust Energy AlphaDEX FundFirst Trust Energy AlphaDEX FundFirst Trust Energy AlphaDEX Fund

First Trust Energy AlphaDEX Fund

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Key stats


Assets under management (AUM)
‪415.68 M‬USD
Fund flows (1Y)
‪−250.55 M‬USD
Dividend yield (indicated)
2.44%
Discount/Premium to NAV
−0.7%

About First Trust Energy AlphaDEX Fund


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.62%
Inception date
May 8, 2007
Index tracked
StrataQuant Energy Index
Management style
Passive
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 funds strategy. The index is reconstituted and rebalanced on a quarterly basis.

Classification


Asset Class
Equity
Category
Sector
Focus
Energy
Niche
Broad-based
Strategy
Multi-factor
Weighting scheme
Tiered
Selection criteria
Multi-factor

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 11, 2024
Exposure type
StocksBonds, Cash & Other
Energy Minerals
Industrial Services
Stocks99.91%
Energy Minerals76.00%
Industrial Services18.36%
Utilities3.73%
Miscellaneous1.23%
Electronic Technology0.60%
Bonds, Cash & Other0.09%
Mutual fund0.09%
Cash0.00%
Stock breakdown by region
99%0.9%
North America99.14%
Europe0.86%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows