FTA

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 Large Cap Value 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 Large Cap Value 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 Value Index that meet certain criteria. Nasdaq constructs the NASDAQ AlphaDEX Large Cap Value Index by ranking the eligible stocks from the NASDAQ US 500 Large 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 187 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 Large Cap Value AlphaDEX Fund
Fund Exchange Ticker FTA
Fund Sponsor First Trust
Fund ISIN US33735J1016
Net Expense Ratio 0.60 %
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 Large Cap Value Index
Index Provider Nasdaq
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Value
Continent North America
Key Statistics
Return As of Date 26 January 2021
Asset Under Management 798.97 Million (USD)
1 Month Total Return 5.96 %
Year To Date Return 4.69 %
1 Year Total Return 7.59 %
3 Year Annualized Total Return 2.43 %
NAV 57.48
Share Outstanding 13,900,000
Top 10 Holdings (26 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Lumen Technologies Inc. LUMN EQUI 0.0129635918
GENERAL MOTORS CO GM EQUI 0.0108267500
FOX CORP - CLASS A FOXA EQUI 0.0103916730
KROGER CO KR EQUI 0.0101114560
DR HORTON INC DHI EQUI 0.0097778816
LENNAR CORP-A LEN EQUI 0.0097747154
ViacomCBS Inc. VIAC EQUI 0.0096573234
EXXON MOBIL CORP XOM EQUI 0.0096402990
FRANKLIN RESOURCES INC BEN EQUI 0.0095748947
PULTEGROUP INC PHM EQUI 0.0095693075