First Trust Multi Cap Value AlphaDEX Fund

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

FAB trades at 78.13 USD today, its price has fallen −0.06% in the past 24 hours. Track more dynamics on FAB price chart.

FAB net asset value is 78.13 today — it's risen 5.97% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

FAB assets under management is ‪116.60 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

FAB price has risen by 6.57% over the last month, and its yearly performance shows a −3.74% decrease. See more dynamics on FAB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.99% decrease in three-month performance and has decreased by −2.35% in a year.

FAB fund flows account for ‪−36.76 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

FAB invests in stocks. See more details in our Analysis section.

No, FAB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FAB technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FAB shows the neutral signal. See more of FAB technicals for a more comprehensive analysis.

Yes, FAB pays dividends to its holders with the dividend yield of 2.05%.

FAB trades at a premium (0.00%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

FAB shares are issued by AJM Ventures LLC

FAB follows the Nasdaq AlphaDEX Multi Cap Value. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on May 8, 2007.