FEX First Trust Large Cap Core AlphaDEX ETF

Seeks to track, before fees and expenses, the NASDAQ AlphaDEX Large Cap Core Index. The Index ranks the eligible stocks from the NASDAQ US 500 Large Cap Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style. Each stock receives either its growth or value score as its selection score based on its style designation as determined by Nasdaq. The top 375 stocks based on the selection score determined in the previous step comprise the “selected stocks”. The selected stocks are divided into quintiles based on their rankings and the top ranked quintiles receive a higher weight within the index. The stocks are equally-weighted within each quintile.

Prior to April 8, 2016, the fund tracked the Defined Large Cap Core Index.

$81.69  -0.17 (-0.21%)
As of 08/09/2022 16:00:01 EST     IEX book   CBOE book


ETF Information
Sponsor:     First Trust
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Morningstar category:  Large Blend
Leverage factor:  1.00
Inception date:  05/08/2007
Index tracking method: Passive replication
Current yield:  1.16%
Historical average yield:  1.19%
Market cap:  $1,097,820,163
Average volume:  25,166
Fees:     0.6100%

Index Information
Nasdaq AlphaDEX Large Cap Core Index
Index symbol:  NQDXUSLC
Provider:   NASDAQ OMX
Total return index symbol:  NQDXUSLCT
Index weighting:   Composite scores
Index inception date:  01/11/2016
Backtesting data exists:   Yes
Number of holdings:  375
Strategy:  Multi-factor investing
Rebalanced:  Quarterly
Reconstituted:  Quarterly
Factors used to select securities:

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