First Trust Consumer Staples AlphaDEX Fund (FXG)


The First Trust Consumer Staples AlphaDEX® Fund is an exchange-traded Fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant® Consumer Staples Index. The StrataQuant® Consumer Staples Index is an "enhanced" index developed, maintained and sponsored by the NYSE Euronext or its affiliates ("NYSE Euronext") which employs the AlphaDEX® stock selection methodology to select stocks from the Russell 1000® Index. Prior to the acquisition of the American Stock Exchange LLC (“AMEX”) by NYSE Euronext, the index was developed, maintained and sponsored by the AMEX. The NYSE Euronext constructs the StrataQuant® Consumer Staples Index by ranking the stocks which are members of the Russell 1000® Index on growth factors including three, six 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. Stocks which Russell has classified solely as growth or value, receive their score using the above growth or value factors respectively. Stocks which Russell allocates between both growth and value receive their best score between the growth and value factors. The NYSE Euronext then ranks those stocks contained in the consumer staples sector (the members of the Russell 1000® Consumer Staples Index) according to their score. The bottom 25% is eliminated and the top 75% is selected for the StrataQuant® Consumer Staples Index. 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. Source: First Trust [read more]

Last Trade: $46.45
Trade Time: 07/21/2017
Prev Close: $46.45
Open: $46.37
High: $46.40
Low: $46.26
Volume: 42,279
Optionable: No
Yield: 1.257
Annual Dividend: 0.583
Dividend Freq: Quarterly
Leverage: No
Inverse: No
Expense Ratio: 0.700
Inception Date: 05/08/2007
  • Consumer Noncyclical (87.7400%)
  • Consumer Cyclical (12.0700%)

  • United States (93.7400%)
  • Bermuda (4.1900%)
  • Cayman Islands (2.0700%)