FAD

Fund Description
The Fund will seek investment results that correspond generally to the price and yield (before the Fund s fees and expenses) of an equity index called the NASDAQ AlphaDEX Multi Cap Growth Index (the Index ). The Index is a modified equal dollar-weighted index developed and maintained by The NASDAQ OMX Group, Inc. that is designed to generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX selection methodology. The NASDAQ AlphaDEX Multi Cap Growth Index is an enhanced index created and administered by Nasdaq, Inc. ( Nasdaq ) which employs the AlphaDEX stock selection methodology to select stocks that meet certain criteria from the three indices NASDAQ US 500 Large Cap Index, NASDAQ US 600 Mid Cap Index and NASDAQ US 700 Small Cap Index. Nasdaq constructs the NASDAQ AlphaDEX Multi Cap Growth Index by ranking the eligible stocks within each index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style. Each stock receives either its growth or value score as it s selection score based on it s style designation as determined by Nasdaq. The top 187 stocks from the NASDAQ US 500 Large Cap Growth Index, 225 stocks from the NASDAQ US 600 Mid Cap Growth Index and 262 stocks from the NASDAQ US 700 Small Cap Growth Index based on the selection score determined in the previous step comprise the selected stocks . The selected stocks are divided into quintiles based on their rankings within their size class and the top ranked quintiles receive a higher weight within the index. The NASDAQ AlphaDEX Multi Cap Growth Index is comprised of the selected stocks in the following weights: the stocks selected from the NASDAQ US 500 Large Cap Growth Index comprise 50%, the stocks selected from the NASDAQ US 600 Mid Cap Growth Index comprise 30%, and the stocks selected from the NASDAQ US 700 Small Cap Growth Index comprise 20%. The index is reconstituted and rebalanced quarterly.
Fund Profile
Fund Name First Trust MultiCap Growth AlphaDEX Fund
Fund Exchange Ticker FAD
Fund Sponsor First Trust
Fund ISIN US33733F1012
Net Expense Ratio 0.66 %
Fund Inception Date 8 May 2007
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - US Style
Asset Class Equities (Stocks)
Index Linked Passive
Index Name NASDAQ AlphaDEX Multi Cap Growth Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Growth
Continent North America
Key Statistics
Return As of Date 22 January 2021
Asset Under Management 217.54 Million (USD)
1 Month Total Return 6.43 %
Year To Date Return 7.59 %
1 Year Total Return 39.58 %
3 Year Annualized Total Return 17.37 %
NAV 111.56
Share Outstanding 1,950,000
Top 10 Holdings (22 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
ROKU INC ROKU EQUI 0.0053379483
MODERNA INC MRNA EQUI 0.0052568076
APPLIED MATERIALS INC AMAT EQUI 0.0051644651
ETSY INC ETSY EQUI 0.0050325131
TESLA INC TSLA EQUI 0.0050288491
LAM RESEARCH CORP LRCX EQUI 0.0050042847
KLA Corporation KLAC EQUI 0.0049376611
TWILIO INC - A TWLO EQUI 0.0048531891
TERADYNE INC TER EQUI 0.0048231939
EXACT SCIENCES CORP EXAS EQUI 0.0047456165