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FAD - ETF AI Analysis
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First Trust Multi Cap Growth AlphaDEX Fund (FAD)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, such as Rocket Lab USA and Advanced Micro Devices, have delivered strong year-to-date performance, supporting the ETF's overall growth.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Industrials, and Health Care, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date growth, indicating strong momentum in its portfolio.
Negative Factors
High Geographic Concentration
With nearly all assets focused in the U.S., the ETF lacks meaningful international exposure, limiting diversification.
Moderate Expense Ratio
The fund's expense ratio is higher than some low-cost ETFs, which could slightly reduce investor returns over time.
Underperforming Holdings
Some holdings, like FTAI Aviation and Quanta Services, have shown weaker year-to-date performance, potentially dragging on the fund's overall results.
FAD vs. SPDR S&P 500 ETF (SPY)
AUM380.84M
RegionNorth America
Expense Ratio0.64%
Beta1.12
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.09%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Multi Cap Growth Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,287
30 Day Avg. Volume6,795
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
195.15Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering672
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FAD Summary
The First Trust Multi Cap Growth AlphaDEX Fund (FAD) is an ETF that focuses on U.S. companies with strong growth potential across all market sizes, from small startups to large established firms. It follows the NASDAQ AlphaDEX Multi Cap Growth Index, using a unique method to pick stocks based on factors like sales growth and price performance. Some of its top holdings include Advanced Micro Devices (AMD) and Rocket Lab USA. Investors might consider FAD for diversification and exposure to companies with high growth potential. However, since it emphasizes growth stocks, its performance can be more volatile and sensitive to market swings.
How much will it cost me?The expense ratio for the First Trust Multi Cap Growth AlphaDEX Fund (FAD) is 0.64%, which means you’ll pay $6.40 per year for every $1,000 invested. This is higher than average because the fund is actively managed, using a specialized stock selection process to target growth opportunities across the market. Active management typically involves more research and trading, which increases costs.
What would affect this ETF?The First Trust Multi Cap Growth AlphaDEX Fund (FAD) could benefit from continued innovation and growth in the technology and industrial sectors, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns in the U.S. could negatively impact growth-focused companies, particularly smaller firms that rely on borrowing or are more sensitive to market conditions. Regulatory changes or shifts in consumer demand could also influence the performance of key sectors like health care and consumer cyclical.
FAD Top 10 Holdings
The First Trust Multi Cap Growth AlphaDEX Fund (FAD) leans heavily into growth-oriented sectors like technology and industrials, with names like Lam Research and Alphabet providing steady support through their focus on AI and cloud innovation. Lumentum Holdings has been a standout performer, riding strong momentum from its advancements in AI infrastructure. Meanwhile, Rocket Lab and Carvana are rising but face profitability and valuation hurdles that could weigh on the fund’s broader performance. With its U.S.-centric portfolio, FAD offers a dynamic mix of growth opportunities but remains sensitive to sector-specific risks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Rocket Lab USA | 0.70% | $2.68M | $41.23B | 171.38% | 57 Neutral | |
| Coherent Corp | 0.62% | $2.36M | $30.07B | 92.14% | 66 Neutral | |
| Expedia | 0.58% | $2.23M | $35.11B | 50.73% | 80 Outperform | |
| Lam Research | 0.58% | $2.20M | $222.73B | 139.67% | 77 Outperform | |
| Alphabet Class A | 0.56% | $2.15M | $3.80T | 60.58% | 85 Outperform | |
| Newmont Mining | 0.54% | $2.06M | $114.29B | 174.95% | 81 Outperform | |
| Seagate Tech | 0.53% | $2.01M | $60.92B | 222.70% | 68 Neutral | |
| Lumentum Holdings | 0.52% | $2.00M | $28.07B | 362.04% | 61 Neutral | |
| Carvana Co | 0.51% | $1.95M | $96.06B | 97.08% | 66 Neutral | |
| Comfort Systems | 0.51% | $1.93M | $33.79B | 118.31% | 80 Outperform |
FAD Technical Analysis
Positive
―
Price Trends
161.47
Positive
159.13
Positive
148.14
Positive
Market Momentum
1.28
Negative
58.74
Neutral
81.24
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FAD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 163.14, equal to the 50-day MA of 161.47, and equal to the 200-day MA of 148.14, indicating a bullish trend. The MACD of 1.28 indicates Negative momentum. The RSI at 58.74 is Neutral, neither overbought nor oversold. The STOCH value of 81.24 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FAD.
FAD Peer Comparison
Comparison Results
Performance Comparison
FAD
First Trust Multi Cap Growth AlphaDEX Fund
165.96
26.03
18.60%
GARP
Ishares Msci Usa Quality Garp Etf
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LSGR
Natixis Loomis Sayles Focused Growth ETF
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BASG
Brown Advisory Sustainable Growth ETF
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―
―
FDG
American Century Focused Dynamic Growth ETF
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―
―
GQGU
GQG US Equity ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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