FXZ First Trust Materials AlphaDEX Fund ETF

Seeks to track, before fees and expenses, the StrataQuant Materials Index. The Index ranks the stocks in the Russell 1000 Index on growth factors including three, six 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. Stocks which Russell has classified solely as growth or value, receive their score using the above growth or value factors respectively. Stocks which Russell allocates between both growth and value receive their best score between the growth and value factors. The NYSE then ranks those stocks contained in the the materials sector according to their score. The bottom 25% is eliminated and the top 75% is selected for the StrataQuant Materials Index. 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. The index is reconstituted and rebalanced quarterly.

$64.68  +0.81 (1.27%)
As of 08/12/2022 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     First Trust
Category1:  US Equity
Category2:  Single sector
Category3:  Materials
Morningstar category:  Natural Resources
Leverage factor:  1.00
Inception date:  05/08/2007
Index tracking method: Passive replication
Current yield:  1.22%
Historical average yield:  1.36%
Market cap:  $1,519,311,621
Average volume:  170,224
Fees:     0.6400%

Index Information
Strataquant Materials Index
Index symbol:  STRQMT
Provider:   ICE (NYSE)
Total return index symbol:  STRQMTTR
Index weighting:   Composite scores
Index inception date:  06/19/2006
Backtesting data exists:   Yes
Strategy:  Multi-factor investing
Rebalanced:  Quarterly
Reconstituted:  Quarterly
Factors used to select securities:

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