Key stats
About First Trust Japan AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Apr 18, 2011
FJP attempts to improve upon the NASDAQ Japan index (the parent index) by rescreening each security twice, by both growth and value characteristics assigning whatever score is highest as the stock's style score. The underlying index selects 100 stocks by factors such as recent price appreciation, price/sales, sales growth, price/book value, price/cash flow and return on assets. The stocks are further divided into quintiles after the growth and value screens, overweighting the highest scoring securities. The underlying index is subject to sector weighting constraints, which are set at 15% above the sector percentages of the parent index. Its weighting scheme leads to a perpetual small-cap tilt, which along with sector biases, raises the fund's market risk. The index is reconstituted and rebalanced semi-annually.
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
Finance
Consumer Durables
Producer Manufacturing
Stocks99.87%
Finance23.08%
Consumer Durables16.16%
Producer Manufacturing10.32%
Utilities8.11%
Transportation6.63%
Process Industries6.56%
Electronic Technology6.46%
Energy Minerals4.69%
Non-Energy Minerals4.54%
Consumer Non-Durables2.88%
Health Technology2.50%
Technology Services2.17%
Industrial Services1.68%
Retail Trade1.25%
Commercial Services1.20%
Communications0.99%
Distribution Services0.66%
Bonds, Cash & Other0.13%
Cash0.13%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history