FMK

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 Mega Cap 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 Mega Cap Index is an enhanced index created and administered by Nasdaq, Inc. ( Nasdaq ) which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 500 Large Cap Index that meet certain criteria. The top 100 largest stocks by market capitalization from the previous step are selected. Remaining stocks are ranked 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 from the previous step as its selection score. Selection score is determined by the best of growth or value rank. The top 50 stocks 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 and the top ranked quintiles receive a higher weight within the index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly.
Fund Profile
Fund Name First Trust Mega Cap AlphaDEX Fund
Fund Exchange Ticker FMK
Fund Sponsor First Trust
Fund ISIN US33737M5085
Net Expense Ratio 0.70 %
Fund Inception Date 11 May 2011
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Broad Market & Size
Asset Class Equities (Stocks)
Index Linked Passive
Index Name NASDAQ AlphaDEX Mega Cap Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Mega Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 24.61 Million (USD)
1 Month Total Return 1.34 %
Year To Date Return 10.38 %
1 Year Total Return -0.05 %
3 Year Annualized Total Return 11.79 %
NAV 35.15
Share Outstanding 700,002
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
STARBUCKS CORP SBUX EQUI 0.0371000000
PAYPAL HOLDINGS INC PYPL EQUI 0.0366000000
COSTCO WHOLESALE CORP COST EQUI 0.0352000000
DANAHER CORP DHR EQUI 0.0346000000
AT&T INC T EQUI 0.0338000000
CHEVRON CORP CVX EQUI 0.0321000000
INTUIT INC INTU EQUI 0.0318000000
AMERICAN EXPRESS CO AXP EQUI 0.0293000000
MASTERCARD INC - A MA EQUI 0.0289000000
CONOCOPHILLIPS COP EQUI 0.0289000000