FNX

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 Mid Cap Core Index (the New 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 Mid Cap Core 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 600 Mid Cap Index that meet certain criteria. Nasdaq constructs the NASDAQ AlphaDEX Mid Cap Core Index by ranking the eligible stocks from the NASDAQ US 600 Mid Cap 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 450 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 Mid Cap Core AlphaDEX Fund
Fund Exchange Ticker FNX
Fund Sponsor First Trust
Fund ISIN US33735B1089
Net Expense Ratio 0.61 %
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 - Broad Market & Size
Asset Class Equities (Stocks)
Index Linked Passive
Index Name NASDAQ AlphaDEX Mid Cap Core Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Mid Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 26 January 2021
Asset Under Management 830.18 Million (USD)
1 Month Total Return 4.63 %
Year To Date Return 5.77 %
1 Year Total Return 24.92 %
3 Year Annualized Total Return 9.64 %
NAV 87.85
Share Outstanding 9,450,000
Top 10 Holdings (26 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
OVERSTOCK.COM INC OSTK EQUI 0.0063324827
DISCOVERY INC - A DISCA EQUI 0.0047557149
KB HOME KBH EQUI 0.0044053556
TENET HEALTHCARE CORP THC EQUI 0.0043793243
NATIONAL BEVERAGE CORP FIZZ EQUI 0.0042878483
DICK'S SPORTING GOODS INC DKS EQUI 0.0042856561
TOLL BROTHERS INC TOL EQUI 0.0042838226
INVESCO LTD IVZ EQUI 0.0042218737
MASTEC INC MTZ EQUI 0.0041785670
QURATE RETAIL INC-SERIES A QRTEA EQUI 0.0041709125