Key stats
About First Trust Multi Cap Growth 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
US33733F1012
FAD's selection and weighting methodology sets it apart from peer segment funds. The fund uses the AlphaDEX methodology to pick growth companies from three different size segments of the Nasdaq US Select Index Family. From each segment, growth stocks are screened based on price appreciation, sales growth and sales-to-price ratio. Once the fund has selected those firms best positioned for growth, it employs a tiered weighting strategy that assigns weights of 50% to large caps, 30% to midcaps and 20% to small-caps. Although FAD holds a broad portfolio of growth stocks, it tilts small, underweights technology and takes on more market risk. The index is reconstituted and rebalanced quarterly. Note: On April 8, 2016, the fund switched underlying indexes from the old Defined index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.
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
Technology Services
Finance
Electronic Technology
Stocks99.91%
Technology Services20.87%
Finance16.70%
Electronic Technology12.33%
Health Technology7.62%
Producer Manufacturing7.49%
Consumer Services6.72%
Industrial Services5.72%
Retail Trade4.73%
Commercial Services2.68%
Utilities2.62%
Health Services2.03%
Consumer Non-Durables1.83%
Transportation1.64%
Non-Energy Minerals1.55%
Consumer Durables1.39%
Communications1.25%
Process Industries1.22%
Distribution Services0.91%
Energy Minerals0.47%
Miscellaneous0.15%
Bonds, Cash & Other0.09%
Mutual fund0.09%
Stock breakdown by region
North America98.21%
Europe1.73%
Latin America0.06%
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
FAD invests in stocks. The fund's major sectors are Technology Services, with 20.87% stocks, and Finance, with 16.70% of the basket. The assets are mostly located in the North America region.
FAD top holdings are SoFi Technologies Inc and Bloom Energy Corporation Class A, occupying 0.65% and 0.65% of the portfolio correspondingly.
FAD last dividends amounted to 0.07 USD. The quarter before, the issuer paid 0.31 USD in dividends, which shows a 352.47% decrease.
FAD assets under management is 357.20 M USD. It's risen 10.26% over the last month.
FAD fund flows account for 81.89 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, FAD pays dividends to its holders with the dividend yield of 0.47%. The last dividend (Jun 30, 2025) amounted to 0.07 USD. The dividends are paid quarterly.
FAD 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.
FAD expense ratio is 0.64% meaning you'd have to pay 0.64% of your investment to help manage the fund.
FAD follows the NASDAQ AlphaDEX Multi Cap Growth Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FAD invests in stocks.
FAD price has risen by 6.23% over the last month, and its yearly performance shows a 19.23% increase. See more dynamics on FAD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.62% over the last month, showed a 11.78% increase in three-month performance and has increased by 22.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.62% over the last month, showed a 11.78% increase in three-month performance and has increased by 22.18% in a year.
FAD trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.