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First Trust Financials AlphaDEX Fund ETF Company Profile

$47.26
+0.380 (+0.81%)
At Close: May 14, 2024

Information

800-621-1675

Description

The fund will invest at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.

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About First Trust Financials AlphaDEX Fund

The fund will invest at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection ... FXO Profile

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