Summary
FXN Chart
Is First Trust Energy AlphaDEX ETF (FXN) a Strong ETF Right Now?
The First Trust Energy AlphaDEX ETF (FXN) was launched on 05/08/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Energy ETFs category of the market.
Should You Invest in the First Trust Energy AlphaDEX ETF (FXN)?
If you're interested in broad exposure to the Energy - Broad segment of the equity market, look no further than the First Trust Energy AlphaDEX ETF (FXN), a passively managed exchange traded fund launched on May 8, 2007.
Is First Trust Energy AlphaDEX ETF (FXN) a Strong ETF Right Now?
Designed to provide broad exposure to the Energy ETFs category of the market, the First Trust Energy AlphaDEX ETF (FXN) is a smart beta exchange traded fund launched on 05/08/2007.
First Trust Energy AlphaDEX Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 3,866 | $62,519.32 | $80,354.81 | $17,835.49 | 28.53% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 19,832 | $427,849.7 | $412,406.44 | -$15,443.26 | -3.61% |
| YA Yinka Akinsola Blue Trust Inc. | 621 | $10,264.36 | $12,963.37 | $2,699.01 | 26.29% |
 Jeff Ameen Spire Wealth Management | 256 | $4,375.04 | $5,408 | $1,032.96 | 23.61% |
 Kimberly Cappellano Private Wealth Asset Management LLC | 3,775 | $62,363 | $78,822 | $16,459 | 26.39% |
First Trust Energy AlphaDEX Fund (FXN) FAQ
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Does it pay dividends? What is the current yield?
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Has First Trust Energy AlphaDEX Fund ever had a stock split?
First Trust Energy AlphaDEX Fund Profile
| ARCA Exchange | US Country |
Overview
The described fund is an investment vehicle that focuses on the energy sector within the Russell 1000® Index, a subset of the larger U.S. equity market representing the top 1000 companies by market cap. This fund distinguishes itself by employing a strategic investment approach that seeks to outperform traditional passive investment methodologies. By allocating at least 90% of its net assets to stocks within its targeted sector, and utilizing the innovative AlphaDEX® selection methodology, the fund aims to select stocks that are poised to generate positive alpha, or excess returns relative to the market. This method involves a modified equal-dollar weighting scheme, which differentiates it from the cap-weighted indexes, potentially providing a unique balance of investments and an opportunity for enhanced returns for investors looking for exposure to the energy sector.
Products and Services
- Russell 1000® Energy Sector Investments
- AlphaDEX® Selection Methodology
This service involves the investment in common stocks within the energy sector of the Russell 1000® Index. By focusing on this specific sector, the fund aims to capitalize on the unique opportunities and growth potential within the energy industry, benefiting from its dynamics and the broader economic factors influencing it. The investment approach is designed to cater to investors seeking targeted exposure to energy stocks within the scope of a large-cap U.S. equity market.
The AlphaDEX® selection methodology forms the core of the fund's investment strategy. This proprietary approach seeks to identify stocks that are likely to offer positive alpha, employing a modified equal-dollar weight to each selected stock. This methodology aims to move beyond traditional market-capitalization-weighted indexes, potentially offering a more dynamic investment approach. It is designed to adapt to market changes, selecting stocks that meet its criteria for growth, value, and the potential to outperform, making it an intriguing option for investors looking for a more active investment strategy in the energy sector.
