Key stats
About First Trust Materials AlphaDEX Fund
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Inception date
May 8, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33734X1688
FXZ utilizes a quant-driven strategy to pick the 'best' basic materials firms in the US, using growth and value screeners. This minimalist approach, combined with a tiered equal-weighting scheme, leads to a concentrated portfolio that tilts away from large-caps and leans toward mid-caps. The result is major sector tilts, with elevated risk at times. Overall, FXZ offers a smart beta approach to the US basic materials space, instead of providing market-like sector exposure. The index is reconstituted and rebalanced quarterly
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Process Industries
Non-Energy Minerals
Producer Manufacturing
Stocks99.43%
Process Industries41.69%
Non-Energy Minerals39.19%
Producer Manufacturing11.56%
Distribution Services2.67%
Consumer Non-Durables2.34%
Electronic Technology1.97%
Bonds, Cash & Other0.57%
Mutual fund0.57%
Stock breakdown by region
North America90.54%
Europe9.46%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FXZ invests in stocks. The fund's major sectors are Process Industries, with 41.69% stocks, and Non-Energy Minerals, with 39.19% of the basket. The assets are mostly located in the North America region.
FXZ top holdings are Anglogold Ashanti PLC and Newmont Corporation, occupying 6.66% and 6.42% of the portfolio correspondingly.
FXZ last dividends amounted to 0.31 USD. The quarter before, the issuer paid 0.23 USD in dividends, which shows a 24.66% increase.
FXZ assets under management is 214.54 M USD. It's fallen 1.86% over the last month.
FXZ fund flows account for −96.02 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FXZ pays dividends to its holders with the dividend yield of 1.78%. The last dividend (Sep 30, 2025) amounted to 0.31 USD. The dividends are paid quarterly.
FXZ shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on May 8, 2007, and its management style is Passive.
FXZ expense ratio is 0.62% meaning you'd have to pay 0.62% of your investment to help manage the fund.
FXZ follows the StrataQuant Materials Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FXZ invests in stocks.
FXZ price has risen by 0.70% over the last month, and its yearly performance shows a −7.68% decrease. See more dynamics on FXZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a 8.47% increase in three-month performance and has decreased by −4.65% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 8.47% increase in three-month performance and has decreased by −4.65% in a year.
FXZ trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.