Key stats
About First Trust Cons. Staples AlphaDEX
Expense ratio
0.63%
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Inception date
May 8, 2007
FXG aims to pick winners in the US consumer staples sector, instead of going for market-like exposure. Its quant-based model weeds out underperforming stocks in the Russell 1000 using value and growth screeners. The chosen stocks are then weighted using a tiered equal-weighting scheme. FXGs resulting basket can show some significant cap-tilts and sector biases. The index is reconstituted and rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Consumer Non-Durables
Process Industries
Distribution Services
Stock breakdown by region