Key stats
About First Trust Switzerland AlphaDEX Fund
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Inception date
Feb 14, 2012
Structure
Open-Ended Fund
Replication method
Physical
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
FSZ seeks to outperform its market benchmark by using a quantitative model to select, rank and weight stocks from the NASDAQ Switzerland Index based on a variety of growth and value style factors. Specifically, growth factors includes 3-, 6- and 12-month price appreciation, sales to price and one year sales growth, while value factors includes book value to price, cash flow to price and return on assets. Based on their style ranking, the top-40 selected stocks are divided into quintiles, and the top-ranked quintiles receives greater weight in the index. Stocks within each quintile are equally weighted. This method makes the funds performance deviate from its benchmark. The index is rebalanced and reconstituted semi-annually each January and July.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
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.
FSZ trades at 74.89 USD today, its price has fallen −0.05% in the past 24 hours. Track more dynamics on FSZ price chart.
FSZ net asset value is 74.57 today — it's risen 0.44% 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.
FSZ assets under management is 67.41 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.
FSZ price has risen by 0.48% over the last month, and its yearly performance shows a 12.70% increase. See more dynamics on FSZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.44% over the last month, showed a 7.24% increase in three-month performance and has increased by 13.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.44% over the last month, showed a 7.24% increase in three-month performance and has increased by 13.15% in a year.
FSZ fund flows account for −26.42 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.
FSZ invests in stocks. See more details in our Analysis section.
FSZ expense ratio is 0.80%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FSZ 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, FSZ technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSZ shows the buy signal. See more of FSZ technicals for a more comprehensive analysis.
Today, FSZ technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSZ shows the buy signal. See more of FSZ technicals for a more comprehensive analysis.
Yes, FSZ pays dividends to its holders with the dividend yield of 1.56%.
FSZ trades at a premium (0.43%).
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.
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.
FSZ shares are issued by AJM Ventures LLC
FSZ follows the NASDAQ AlphaDEX Switzerland Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 14, 2012.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.