Designed to provide broad exposure to the Financials - Broad segment of the equity market, the First Trust Financials AlphaDEX ETF (FXO) is a passively managed exchange traded fund launched on 05/08/2007.
A smart beta exchange traded fund, the First Trust Financials AlphaDEX ETF (FXO) debuted on 05/08/2007, and offers broad exposure to the Financials ETFs category of the market.
The First Trust Financials AlphaDEX ETF (FXO) was launched on 05/08/2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Financials - Broad segment of the equity market.
![]() FXO In 1 weeks Estimated | Quarterly | $0.25 Per Share |
![]() FXO 2 months ago Paid | Quarterly | $0.25 Per Share |
![]() FXO 6 months ago Paid | Quarterly | $0.35 Per Share |
![]() FXO 8 months ago Paid | Quarterly | $0.28 Per Share |
![]() FXO 11 months ago Paid | Quarterly | $0.28 Per Share |
![]() FXO 21 Mar 2024 Paid | Quarterly | $0.16 Per Share |
![]() FXO In 1 weeks Estimated | Quarterly | $0.25 Per Share |
![]() FXO 2 months ago Paid | Quarterly | $0.25 Per Share |
![]() FXO 6 months ago Paid | Quarterly | $0.35 Per Share |
![]() FXO 8 months ago Paid | Quarterly | $0.28 Per Share |
![]() FXO 11 months ago Paid | Quarterly | $0.28 Per Share |
![]() FXO 21 Mar 2024 Paid | Quarterly | $0.16 Per Share |
ARCA Exchange | US Country |
The company operates within the financial services investment sector, focusing on creating investment opportunities that aim to produce positive alpha over traditional passive investment approaches. By committing at least 90% of its net assets, including borrowed investments, to securities within the Russell 1000® Index's financial services sector, it targets a specific market niche. Leveraging the AlphaDEX® selection methodology, the company strives to curate a modified equal-dollar weighted index that identifies and selects stocks with the potential for higher returns.
These investments are selected to offer exposure to the financial services sector of the Russell 1000® Index. By focusing on this sector, the fund aims to capitalize on the performance of financial companies within a broad and diverse market segment.
This methodology underpins the company’s strategy to outperform traditional passive investment indices. It involves an objective process of selecting stocks that have the potential to generate positive alpha, or excess returns over a benchmark, through a modified equal-dollar weighting system, which aims to balance the portfolio across various assets to achieve higher performance.