Key stats
About First Trust AlphaDEX US Technology Sector Index ETF
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Inception date
Dec 8, 2017
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
FT Portfolios Canada Co.
ISIN
CA33732K2002
The fund attempts to outperform the broad US technology market by selecting securities based on growth and value factors, and skewing away from neutral coverage. The funds tiered equal-weighting scheme leads to a midcap bias and significant sector tilts. That is, FHQ overweights semiconductor companies at the expense of larger software and IT services firms. Overall, the fund offers a smart beta approach to the US technology space, instead of giving market-like sector exposure. The index is reconstituted and rebalanced quarterly.
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
Electronic Technology
Stocks99.93%
Technology Services59.78%
Electronic Technology30.46%
Producer Manufacturing3.84%
Distribution Services3.61%
Transportation2.24%
Bonds, Cash & Other0.07%
Cash0.07%
Stock breakdown by region
North America99.38%
Europe0.62%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FHQ.F invests in stocks. The fund's major sectors are Technology Services, with 59.78% stocks, and Electronic Technology, with 30.46% of the basket. The assets are mostly located in the North America region.
FHQ.F top holdings are AppLovin Corp. Class A and Amkor Technology, Inc., occupying 2.53% and 2.11% of the portfolio correspondingly.
FHQ.F last dividends amounted to 0.01 CAD. The quarter before, the issuer paid 0.48 CAD in dividends, which shows a 4.70 K% decrease.
FHQ.F assets under management is 5.83 M CAD. It's risen 3.56% over the last month.
FHQ.F fund flows account for 0.00 CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
FHQ.F shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Dec 8, 2017, and its management style is Passive.
FHQ.F expense ratio is 0.82% meaning you'd have to pay 0.82% of your investment to help manage the fund.
FHQ.F follows the StrataQuant Technology Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FHQ.F invests in stocks.
FHQ.F price has risen by 8.82% over the last month, and its yearly performance shows a 20.35% increase. See more dynamics on FHQ.F price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.94% over the last month, showed a 9.79% increase in three-month performance and has increased by 22.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.94% over the last month, showed a 9.79% increase in three-month performance and has increased by 22.41% in a year.
FHQ.F trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.