Market Tracker

04/17 8:50am ET

First Trust Technology AlphaDEX Fund (FXL)

30.27
Data as of Apr 16
 +0.25 / +0.83%
Today’s Change
22.40
Today|||52-Week Range
32.00
+1.41%
Year-to-Date

Investment Objective

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Performance

1 month-2.29% 3 years+8.15%
3 months-1.17% 5 years+20.69%
1 year+29.73% Since inception+6.28%
Data through 04/17/2014

Quote Details

Previous close$30.02
Open day’s range-- – --
Net asset value (NAV)30.27 (04/16/2014)
Daily volume316,114
Average volume (3 months)455,831
Data as of 04/16/2014

Peer Comparisonvs. Technology ETFs

 FXLCategory
Performance 5-yr return+20.69%+21.98%
Expense Gross exp ratio0.72%0.51%
Risk 5 year sharpe ratio1.151.12
Net assets$838.4M$1.0B
Average market cap$10.8B$31.0B
Average P/E20.824.0
Dividend / Share--0.11%

Competitors

XLK Technology Select Sector SPDR┬« Fund
IGM iShares North American Tech ETF
VGT Vanguard Information Technology ETF

Holdings

Top 5 Sectors
Portfolio weighting
Hardware 57.42%
Telecommunication 13.25%
Consumer service 6.86%
Business service 0.80%
Consumer goods 0.36%
Top 10 Holdings
Portfolio weighting
IM Ingram Micro, Inc. Class A2.36%
BRCD Brocade Communications Systems Inc2.24%
TECD Tech Data Corporation2.21%
GLW Corning Inc2.19%
ATVI Activision Blizzard, Inc.2.15%
DOX Amdocs Ltd.2.11%
VSH Vishay Intertechnology, Inc.2.10%
MU Micron Technology, Inc.2.04%
CSC Computer Sciences Corporation2.04%
DST DST Systems, Inc.1.96%