First Trust Financials AlphaDEX Fund
Ticker
FXO
ISIN
US33734X135
Price
USD 56.39
Change Today
-0.11 / -0.195 %
Price 1 year ago
36.72 / 53.581 %
Morningstar
4
52 Week Low
37.89
52 Week High
56.94
200 Day Moving Average 47.66
47.66
50-day Moving Average
52.29
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 1.80 |
| Sortino Ratio | 0.96 |
| Maximum Drawdown | -2.11% |
| Maximum Drawdown Date | 2023-12-20 |
| Calmar Ratio | -37.88 |
1 year
| Parameter | Value |
|---|---|
| Return | 3.88 |
| Volatility | 6.422% |
| Alpha | +11.68 |
| Beta | None |
| R Squared | +85.29 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 11.412% |
| Average Annual Volatility | 26.351% |
| Sharpe Ratio | 0.43 |
| Sortino Ratio | 0.42 |
| Maximum Drawdown | -71.0% |
| Maximum Drawdown Date | 2009-03-06 |
| Calmar Ratio | -0.16 |
Company information
Summary
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Financials Index. The fund will invest at least 90% of its net assets (including investment borrowings) in the common stocks and real estate investment trusts that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Market
US
Category
Financial
Expense Ratio
0.61%
Fund family
First Trust
Morningstar
4
Yield
0.0273
Exchange
PCX
| Sector | Weight |
|---|---|
| Financial services | 95.92% |
| Realestate | 4.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
| Country | Ratio |
|---|---|
| United States | 97.64 |
| Switzerland | 0.34 |
| United Kingdom | 0.34 |
| Argentina | 0.00 |
| Australia | 0.00 |
| Austria | 0.00 |
| Belgium | 0.00 |
| Brazil | 0.00 |
| Canada | 0.00 |
| Chile | 0.00 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| ATH | Athene Holding Ltd Class A | 2.02% |
| SC | Santander Consumer USA Holdings Inc | 2.02% |
| SLM | SLM Corp | 1.76% |
| ALL | Allstate Corp | 1.71% |
| JEF | Jefferies Financial Group Inc | 1.71% |
| CINF | Cincinnati Financial Corp | 1.7% |
| AGO | Assured Guaranty Ltd | 1.69% |
| FAF | First American Financial Corp | 1.66% |
| BRK.B | Berkshire Hathaway Inc Class B | 1.64% |
| FNF | Fidelity National Financial Inc | 1.61% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| DOO | WisdomTree International Dividend ex-Financials Fund | IE00BZ56SW5 | PCX | 0.58% | 5 | +3.20 | |
| GXLF.L | SPDR S&P U.S. Financials Select Sector UCITS ETF | IE00BWBXM50 | LSE | 0.15% | 5 | ||
| SXLF.AS | SPDR S&P U.S. Financials Select Sector UCITS ETF | IE00BWBXM500 | AMS | 0.15% | 5 | -1.68 | |
| SXLF.L | SPDR S&P U.S. Financials Select Sector UCITS ETF | IE00BWBXM50 | LSE | 0.15% | 5 | ||
| XLFQ.L | Invesco Financials S&P US Select Sector UCITS ETF | IE00B42Q489 | LSE | 0.14% | 5 | ||
| XLFS.L | Invesco Financials S&P US Select Sector UCITS ETF | IE00B42Q489 | LSE | 0.14% | 5 | -1.70 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.