First Trust Materials AlphaDEX FundFirst Trust Materials AlphaDEX FundFirst Trust Materials AlphaDEX Fund

First Trust Materials AlphaDEX Fund

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Key stats


Assets under management (AUM)
‪256.68 M‬USD
Fund flows (1Y)
‪−153.45 M‬USD
Dividend yield (indicated)
1.81%
Discount/Premium to NAV
0.01%

About First Trust Materials AlphaDEX Fund


Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.62%
Inception date
May 8, 2007
Index tracked
StrataQuant Materials Index
Management style
Passive
FXZ utilizes a quant-driven strategy to pick the 'best' basic materials firms in the US, using growth and value screeners. This minimalist approach, combined with a tiered equal-weighting scheme, leads to a concentrated portfolio that tilts away from large-caps and leans toward mid-caps. The result is major sector tilts, with elevated risk at times. Overall, FXZ offers a smart beta approach to the US basic materials space, instead of providing market-like sector exposure. The index is reconstituted and rebalanced quarterly

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
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 December 20, 2024
Exposure type
StocksBonds, Cash & Other
Process Industries
Non-Energy Minerals
Stocks99.31%
Process Industries54.84%
Non-Energy Minerals31.89%
Producer Manufacturing4.78%
Consumer Non-Durables4.48%
Distribution Services2.33%
Electronic Technology0.99%
Bonds, Cash & Other0.69%
Mutual fund0.69%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows