First Trust Multi Cap Value AlphaDEX® Fund (FAB)
| 66.05 Delayed Data As of Jul 01 |  +0.52 / +0.79%Today’s Change | 63.43 Today|||52-Week Range 77.77 | -12.17% Year-to-Date |
Investment Objective
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq AlphaDEX ® Multi Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index TM, NASDAQ US 600 Mid Cap Index TM and NASDAQ US 700 Small Cap Index TM that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX ® selection methodology.
Latest FAB News
No recent news for First Trust Multi Cap Value AlphaDEX® Fund.
Performance
| 1 month | -8.78% | 3 years | +8.81% | |
| 3 months | -11.10% | 5 years | +6.70% | |
| 1 year | -5.91% | Since inception | +6.98% |
Data through 07/02/2022
Quote Details
| Previous close | $65.53 |
| Open day’s range | 66.05 – 66.05 |
| Net asset value (NAV) | 66.33 (07/01/2022) |
| Daily volume | 1 |
| Average volume (3 months) | 23,050 |
Data as of 2:56pm ET, 07/01/2022
Peer Comparisonvs. Mid-cap value ETFs
| FAB | Category | |
|---|---|---|
| Performance 5-yr return | +6.70% | +9.74% |
| Expense Gross exp ratio | 0.69% | 0.98% |
| Risk 5 year sharpe ratio | 0.46 | 0.49 |
| Net assets | $195.0M | $2.1B |
| Average market cap | $12.7B | $13.2B |
| Average P/E | 10.0 | 13.6 |
| Dividend / Share | -- | 0.18% |
Competitors
| PY Principal Value ETF |
| ONEV SPDR® Russell 1000 Low Volatility Focus... |
| VOE Vanguard Mid-Cap Value Index Fund ETF Sh... |
Holdings
Top 5 SectorsPortfolio weighting
| Utilities | 15.00% |
| Financial service | 12.74% |
| Consumer service | 10.96% |
| Industrial materials | 10.64% |
| Consumer goods | 10.14% |
Top 10 HoldingsPortfolio weighting
| CTRA Coterra Energy Inc | 0.59% |
| WDC Western Digital Corp | 0.56% |
| T AT&T | 0.54% |
| XOM Exxon Mobil | 0.54% |
| LKQ LKQ Corp | 0.52% |
| LYB LyondellBasell Industries NV | 0.51% |
| CE Celanese Corp | 0.51% |
| BG Bunge Ltd | 0.49% |
| DOW Dow Chemical | 0.49% |
| SYF Synchrony Financial | 0.49% |
