The First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) was launched on May 8, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
A smart beta exchange traded fund, the First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) debuted on 05/08/2007, and offers broad exposure to the Industrials ETFs category of the market.
The First Trust Industrials/Producer Durables AlphaDEX ETF (FXR) was launched on May 8, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Broad segment of the equity market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 65 | $3,128 | $5,754.45 | $2,626.45 | 83.97% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 18,809 | $1.34M | $1.65M | $315,872.76 | 23.59% |
| AC Adam Claypool First Community Trust Na | 50 | $3,120.52 | $4,422 | $1,301.48 | 41.71% |
| RR rosemary richard WCG Wealth Advisors LLC | 10,140 | $639,359.04 | $891,153.9 | $251,794.86 | 39.38% |
Jeff Ameen Spire Wealth Management | 156 | $8,665.8 | $13,796.64 | $5,130.84 | 59.21% |
| ARCA Exchange | US Country |
The fund is designed for investors looking to potentially benefit from investments in the industrials and producer durables sectors of the Russell 1000® Index. By adhering to a disciplined investment strategy, which involves allocating at least 90% of its net assets in securities that form part of the index, the fund aims to leverage the AlphaDEX® selection methodology. This methodology is engineered to objectively select stocks that may provide positive alpha, or excess returns, compared to traditional passive indices. It does this through a modified equal-dollar weighting approach, aiming to diversify risk and enhance the potential for returns.
An innovative stock selection process used by the fund to identify potential investment opportunities within the industrials and producer durables sectors. This methodology aims to achieve positive alpha against traditional passive indices by analyzing stocks on various financial metrics and assigning weights in a manner intended to maximize returns while diversifying risk.
The fund's investment strategy is heavily anchored to the Russell 1000® Index, specifically targeting the industrials and producer durables sectors. By investing at least 90% of its net assets in securities from these sectors that are part of the index, the fund seeks to tap into the growth potential and stability offered by leading companies in these industries. The goal is to provide investors with a robust investment option that balances growth with a degree of risk management.