Key stats
About First Trust Europe AlphaDEX Fund
Expense ratio
0.80%
Home page
Inception date
Apr 18, 2011
FEP aims to outperform the broad European market by using a quantitative methodology to select stocks using growth and value factors. It then ranks these stocks based on the strength of the resulting style scores and weights them equally within quintiles, with higher scoring quintiles receiving greater weight in the index. Its weighting constraints are also set at 15% above the sector/country percentages of the base index. It reconstitutes and rebalances its portfolio semi-annually to maintain exposure to its expected outperformers. Sector biases abound, though they can also change in light of the fund's rebalancing.
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
Finance
Stocks99.69%
Finance31.36%
Consumer Durables8.25%
Producer Manufacturing7.54%
Non-Energy Minerals7.04%
Energy Minerals6.40%
Electronic Technology5.86%
Transportation4.98%
Utilities4.08%
Retail Trade3.97%
Industrial Services3.58%
Communications3.41%
Consumer Services2.28%
Commercial Services2.10%
Health Technology2.00%
Consumer Non-Durables1.95%
Technology Services1.62%
Process Industries1.49%
Distribution Services1.37%
Health Services0.37%
Bonds, Cash & Other0.31%
Cash0.36%
Miscellaneous−0.05%
Stock breakdown by region
Europe99.59%
North America0.41%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history