Key stats
About FIRST TRUST EXCH TRADED FUND 2 SHS FIRST TRUST MATERIALS ALPHADEX FUND
Expense ratio
0.62%
Home page
Inception date
May 8, 2007
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
Stocks99.81%
Process Industries54.02%
Non-Energy Minerals33.75%
Producer Manufacturing4.56%
Consumer Non-Durables4.31%
Distribution Services2.32%
Electronic Technology0.85%
Bonds, Cash & Other0.19%
Mutual fund0.19%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history