First Trust Multi Cap Value AlphaDEX Fund
FundFABNASDAQAbout
FAB holds a broad value-focused portfolio of stocks from the Nasdaq US Select Index Family. The fund uses a quantitative methodology to select and weight securities in three different size segments. In particular, FAB uses three value factors (P/B, ROA, and P/FCF) to rank companies. Once the fund has selected those firms best positioned for value, it employs a tiered weighting strategy that assigns weights of 50% to large caps, 30% to midcaps and 20% to small-caps. FAB makes huge sector bets and carries a small tilt. The index is reconstituted and rebalanced quarterly. Note: On April 8, 2016, the fund switched underlying indexes from the old Defined index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.
Key Facts
52-Week Range
Performance
Sector Exposure
- Basic Materials3.85%
- Cash & Others0.59%
- Communication Services2.67%
- Consumer Cyclical13.93%
- Consumer Defensive5.93%
- Energy8.30%
- Financial Services23.85%
- Healthcare7.11%
- Industrials12.00%
- Real Estate7.70%
- Technology7.85%
- Utilities6.22%
Geographic Allocation
- United States97.99%
- Other0.95%
- Switzerland0.73%
- Netherlands0.13%
- Bermuda0.13%
- Colombia0.07%
Top Holdings
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| HUM | Humana Inc. | 0.75% | $1.03M |
| UAL | United Airlines Holdings, Inc. | 0.61% | $844.80K |
| DAL | Delta Air Lines, Inc. | 0.59% | $806.29K |
| ELV | Elevance Health Inc. | 0.55% | $762.48K |
| TROW | T. Rowe Price Group, Inc. | 0.53% | $730.09K |
| SMCI | Super Micro Computer, Inc. | 0.52% | $711.27K |
| DHI | D.R. Horton, Inc. | 0.50% | $688.62K |
| PHM | PulteGroup, Inc. | 0.49% | $674.80K |
| ALL | The Allstate Corporation | 0.49% | $669.83K |
| SW | Smurfit Westrock Plc | 0.48% | $666.56K |
| SYF | Synchrony Financial | 0.48% | $662.93K |
| NLY | Annaly Capital Management, Inc. | 0.46% | $629.75K |
| HPE | Hewlett Packard Enterprise Company | 0.45% | $626.94K |
| NUE | Nucor Corporation | 0.45% | $622.19K |
| STT | State Street Corporation | 0.45% | $618.77K |
| GPN | Global Payments Inc. | 0.44% | $608.00K |
| LEN | Lennar Corporation | 0.44% | $601.97K |
| CI | The Cigna Group | 0.44% | $601.24K |
| GM | General Motors Company | 0.43% | $597.30K |
| MKC | McCormick & Company, Incorporated | 0.43% | $593.85K |
| EIX | Edison International | 0.43% | $593.27K |
| DIS | The Walt Disney Company | 0.43% | $588.82K |
| MKL | Markel Group Inc | 0.43% | $588.78K |
| ACGL | Arch Capital Group Ltd. | 0.43% | $587.77K |
| KDP | Keurig Dr Pepper Inc. | 0.43% | $585.61K |