Key stats
About First Trust Multi Cap Growth AlphaDEX Fund
Expense ratio
0.64%
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Inception date
May 8, 2007
FAD's selection and weighting methodology sets it apart from peer segment funds. The fund uses the AlphaDEX methodology to pick growth companies from three different size segments of the Nasdaq US Select Index Family. From each segment, growth stocks are screened based on price appreciation, sales growth and sales-to-price ratio. Once the fund has selected those firms best positioned for growth, it employs a tiered weighting strategy that assigns weights of 50% to large caps, 30% to midcaps and 20% to small-caps. Although FAD holds a broad portfolio of growth stocks, it tilts small, underweights technology and takes on more market risk. The index is reconstituted and rebalanced quarterly. Note: On April 8, 2016, the fund switched underlying indexes from the old Defined index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.
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
Technology Services
Finance
Producer Manufacturing
Electronic Technology
Stocks99.88%
Technology Services15.16%
Finance13.25%
Producer Manufacturing12.98%
Electronic Technology10.12%
Consumer Services8.66%
Health Technology8.02%
Retail Trade5.29%
Industrial Services4.61%
Commercial Services3.95%
Consumer Non-Durables3.34%
Transportation2.91%
Process Industries2.61%
Consumer Durables1.78%
Non-Energy Minerals1.69%
Health Services1.63%
Distribution Services1.50%
Utilities1.28%
Energy Minerals0.65%
Communications0.34%
Miscellaneous0.16%
Bonds, Cash & Other0.12%
Mutual fund0.12%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history