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First Trust Multi Cap Value Alphadex® Fund
83.25
+1.98 (+2.44%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 81.27
Day's Range: 82.185455 - 83.4989
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When Written:
69.53
The First Trust Multi Cap Value AlphaDEX® Fund is an exchange-traded fund (ETF) that seeks to track the performance of the StrataQuant® Multi-Cap Value Index. The index is designed to select stocks from the Russell 1000 Index, which are considered undervalued based on fundamental and valuation metrics.
The fund uses a proprietary methodology called the AlphaDEX® system to select stocks from the index. The system ranks stocks based on various factors such as price-to-book ratio, price-to-sales ratio, and return on assets, among others. The top-ranked stocks are then included in the fund's portfolio.
The fund's portfolio is diversified across various sectors, with the largest holdings in financials, consumer discretionary, and industrials. As of August 2021, the fund had total net assets of $1.5 billion and an expense ratio of 0.71%.
Investors can buy and sell shares of the First Trust Multi Cap Value AlphaDEX® Fund on stock exchanges like any other publicly traded stock. The fund is suitable for investors looking for exposure to undervalued stocks across different market capitalizations. However, like all investments, it comes with risks, and investors should carefully consider their investment objectives and risk tolerance before investing.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund uses a proprietary methodology called the AlphaDEX® system to select stocks from the index. The system ranks stocks based on various factors such as price-to-book ratio, price-to-sales ratio, and return on assets, among others. The top-ranked stocks are then included in the fund's portfolio.
The fund's portfolio is diversified across various sectors, with the largest holdings in financials, consumer discretionary, and industrials. As of August 2021, the fund had total net assets of $1.5 billion and an expense ratio of 0.71%.
Investors can buy and sell shares of the First Trust Multi Cap Value AlphaDEX® Fund on stock exchanges like any other publicly traded stock. The fund is suitable for investors looking for exposure to undervalued stocks across different market capitalizations. However, like all investments, it comes with risks, and investors should carefully consider their investment objectives and risk tolerance before investing.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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