Key stats
About First Trust Large Cap Core AlphaDEX Fund
Home page
Inception date
May 8, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
FEX aims to outperform the broader large-cap space using an intricate methodology. It classifies securities as either growth, value, or both. Then, it scores and ranks them according to their performance with regard to that classification. After selecting the top 375 stocks based on their score, it divides these stocks into quintiles. To build its portfolio, it equal-weights the stocks within each quintile, but weights the fund overall toward the top-ranked quintiles. In the past, FEX tracked the S&P Defined Large-Cap Core Index, though it changed to the NASDAQ AlphaDEX Large-Cap Core Index in April 2016.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.86%
Finance21.42%
Technology Services12.81%
Electronic Technology7.42%
Retail Trade7.15%
Utilities6.87%
Health Technology6.26%
Consumer Services4.58%
Energy Minerals4.18%
Consumer Non-Durables4.05%
Producer Manufacturing3.82%
Industrial Services3.36%
Transportation3.26%
Process Industries3.20%
Consumer Durables2.90%
Commercial Services2.26%
Health Services2.06%
Non-Energy Minerals1.86%
Communications1.16%
Distribution Services0.82%
Miscellaneous0.42%
Bonds, Cash & Other0.14%
Mutual fund0.14%
Cash−0.00%
Stock breakdown by region
North America97.73%
Europe2.27%
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
Frequently Asked Questions
FEX invests in stocks. The fund's major sectors are Finance, with 21.42% stocks, and Technology Services, with 12.81% of the basket. The assets are mostly located in the North America region.
FEX top holdings are Robinhood Markets, Inc. Class A and Palantir Technologies Inc. Class A, occupying 0.67% and 0.64% of the portfolio correspondingly.
FEX last dividends amounted to 0.30 USD. The quarter before, the issuer paid 0.42 USD in dividends, which shows a 40.28% decrease.
FEX assets under management is 1.26 B USD. It's risen 8.19% over the last month.
FEX fund flows account for −30.70 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.
Yes, FEX pays dividends to its holders with the dividend yield of 1.27%. The last dividend (Mar 31, 2025) amounted to 0.30 USD. The dividends are paid quarterly.
FEX shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on May 8, 2007, and its management style is Passive.
FEX expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
FEX follows the NASDAQ AlphaDEX Large Cap Core Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEX invests in stocks.
FEX price has risen by 5.06% over the last month, and its yearly performance shows a 6.46% increase. See more dynamics on FEX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.56% over the last month, showed a −2.36% decrease in three-month performance and has increased by 6.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.56% over the last month, showed a −2.36% decrease in three-month performance and has increased by 6.92% in a year.
FEX trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.