FEX
First Trust Large Cap Core AlphaDEX Fund
📎 Investment Objective
The First Trust Large Cap Core AlphaDEX Fund (FEX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Large Cap Core Index.
Overview
ETF tracking First Trust Large Cap Core AlphaDEX Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Large Cap Core AlphaDEX Fund (FEX) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Large Cap Core Index.
🎯 Investment Strategy
The fund employs an 'indexing' investment approach, by investing primarily in equity securities that comprise the NASDAQ AlphaDEX® Large Cap Core Index. The index uses the AlphaDEX® stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Index based on growth and value factors.
✨ Key Features
- Seeks to track the performance of the NASDAQ AlphaDEX® Large Cap Core Index
- Uses a proprietary stock selection methodology to identify large-cap stocks with growth and value characteristics
- Diversified portfolio of large-cap U.S. equities
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk - The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Indexing risk - The performance of the fund may not match the performance of the index it tracks
- Sector risk - The fund may be overweight in certain sectors, which could cause it to underperform the overall stock market
- Style risk - The fund's value or growth investment style may underperform other investment styles
👤 Best For
The First Trust Large Cap Core AlphaDEX Fund may be suitable for investors seeking exposure to a diversified portfolio of large-cap U.S. stocks with the potential for enhanced returns through the AlphaDEX® stock selection methodology. Investors should have a long-term investment horizon and be willing to accept the volatility associated with the large-cap equity market.