Key stats
About FIRST TRUST ALPHADEX U S TECH SEC I COM UNIT
Expense ratio
0.82%
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Inception date
Oct 29, 2014
ISIN
CA33732K1012
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
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region