Key stats
About First Trust Energy AlphaDEX Fund
Expense ratio
0.62%
Home page
Inception date
May 8, 2007
FXN doesn't aim to represent the broad US energy space. Instead, it tries to pick winners by employing a quant-based model and tiered equal-weighting scheme. The resulting portfolio is heavily tilted toward mid-caps. The fund also comes with heavy industry tilts, away from large integrated oil & gas companies, and overweights smaller-cap industries such as drilling & exploration. The resulting beta is relatively risky but understandable in light of the funds strategy. The index is reconstituted and rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Energy Minerals
Industrial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.