Summary
FXG Chart
Is First Trust Consumer Staples AlphaDEX ETF (FXG) a Strong ETF Right Now?
Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Consumer Staples AlphaDEX ETF (FXG) provides investors broad exposure to the Consumer Staples ETFs category of the market.
Should You Invest in the First Trust Consumer Staples AlphaDEX ETF (FXG)?
The First Trust Consumer Staples AlphaDEX ETF (FXG) was launched on May 8, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Staples - Broad segment of the equity market.
Focus in on Consumer Staples Dividend Payers With These ETFs
When it comes to dividend plays, consumer staples stocks can be right up at the top—companies that generate reliable income regardless of market conditions. Consumer staples firms often enjoy pricing advantages, brand loyalty, and natural resistance to recessions.
First Trust Consumer Staples AlphaDEX Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 15,112 | $948,390.64 | $964,825.64 | $16,435 | 1.73% |
| YA Yinka Akinsola Blue Trust Inc. | 163 | $10,572.52 | $10,414.07 | -$158.45 | -1.5% |
 Jeff Ameen Spire Wealth Management | 4,473 | $279,153.87 | $283,811.85 | $4,657.98 | 1.67% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 844 | $57,254.31 | $53,366.12 | -$3,888.19 | -6.79% |
| SP Samantha Pierangeli City State Bank | 1,000 | $62,070 | $64,250 | $2,180 | 3.51% |
First Trust Consumer Staples AlphaDEX Fund (FXG) FAQ
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Does it pay dividends? What is the current yield?
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Has First Trust Consumer Staples AlphaDEX Fund ever had a stock split?
First Trust Consumer Staples AlphaDEX Fund Profile
| ARCA Exchange | US Country |
Overview
The fund is an investment vehicle that aims to provide investors with exposure to the consumer staples sector of the Russell 1000® Index. It distinguishes itself by employing a strategic approach to stock selection through the AlphaDEX® selection methodology. This method allows the fund to invest in stocks that it identifies as potentially generating positive alpha, meaning they could outperform the general market or relevant benchmarks. The fund commits to investing at least 90% of its net assets, including funds borrowed for investment purposes, directly into the securities that make up the index, adhering to a modified equal-dollar weighting scheme to ensure a balanced investment across all selected stocks.
Products and Services
The primary offering of the fund revolves around its investment strategy, which can be broken down into the following components:
- Investment in Consumer Staples Sector: The fund focuses on investments within the consumer staples sector of the Russell 1000® Index. This sector includes companies involved in the production or distribution of food, beverages, tobacco, and other household items. Investments in this sector are often considered defensive, as they tend to remain stable during various economic cycles.
- AlphaDEX® Selection Methodology: Utilizing the AlphaDEX® selection methodology, the fund aims to identify stocks that have the potential to generate positive alpha. This means the strategy seeks to outperform the market through a disciplined stock selection process. This methodology evaluates stocks based on various growth and value factors, aiming to select those that show the most promise for upward valuation.
- Modified Equal-Dollar Weighted Index: Through its commitment to a modified equal-dollar weighting approach, the fund ensures that it does not overweight any single stock, thereby spreading out risk more evenly across its portfolio. This investment approach contrasts with market-cap-weighted indices, where the largest companies constitute a disproportionate share of the index.
