FXU

First Trust Utilities AlphaDEX Fund

$46.60

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The First Trust Utilities AlphaDEX Fund (FXU) seeks to provide investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the StrataQuant Utilities Index.

Overview

ETF tracking First Trust Utilities AlphaDEX Fund

Category Utilities

Issuer First Trust

Inception Date 2008-11-06

Market Cap $1.8B

Average Volume N/A

Dividend Yield 2.04%

52-Week Range $37.15 - $47.36

VWAP $46.61

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses an 'AlphaDEX' stock selection methodology to identify and invest in companies within the utilities sector that meet certain growth and value investing criteria. The goal is to outperform the broader utilities sector.

✨ Key Features

Focuses on the utilities sector, which includes electric, gas, and water utilities companies
Uses a quantitative stock selection process to identify potentially undervalued companies
Diversified portfolio of approximately 50-75 securities
Rebalances and reconstitutes the portfolio on a quarterly basis

⚠️ Primary Risks

Sector risk - As a utilities-focused fund, it is subject to the risks and volatility of the utilities sector
Stock selection risk - The 'AlphaDEX' methodology may not successfully identify outperforming stocks
Tracking error risk - The fund may not perfectly track its underlying index
Liquidity risk - Shares may trade at a premium or discount to net asset value

👤 Best For

This ETF may be suitable for investors seeking exposure to the utilities sector as part of a diversified portfolio. It may be most appropriate for investors with a medium to long-term investment horizon who can tolerate the volatility associated with a sector-specific fund.