Key stats
About First Trust Large Cap Growth AlphaDEX Fund
Expense ratio
0.60%
Home page
Inception date
May 8, 2007
FTC tracks an index which implements its proprietary AlphaDEX selection methodology to select large-cap growth stocks. The index starts by removing stocks from the NASDAQ US 500 Large Cap Index which do not trade on an eligible exchange, duplicate stocks, and do not meet liquidity screens. Then, all remaining securities are grouped into either growth or value buckets. Only those in the growth buckets are eligible for inclusion. Those eligible are then scored individually and the top 187 stocks are selected for inclusion in the index. The selected stocks are then split into quintiles based on their selection score, with higher scoring quintiles receiving a greater weight in the Index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.