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FAD - ETF AI Analysis
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First Trust Multi Cap Growth AlphaDEX Fund (FAD)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Many of the largest positions, such as FTAI Aviation, Lam Research, and Rocket Lab, have shown strong year-to-date performance, helping support the fund’s returns.
Broad Sector Diversification
The ETF spreads its investments across many sectors, including industrials, technology, health care, consumer cyclical, and financials, which helps reduce reliance on any single industry.
Solid Recent Performance Trend
The fund has delivered positive returns over the past month, three months, and year-to-date, indicating steady recent momentum.
Negative Factors
Higher-Than-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the returns are used to cover fees instead of going to investors.
Heavy U.S. Market Concentration
With almost all assets invested in U.S. companies, the ETF offers very limited geographic diversification and is highly tied to the U.S. market’s fortunes.
Growth and Cyclical Tilt
Large weights in growth-oriented and economically sensitive sectors like industrials, technology, and consumer cyclical can make the fund more vulnerable during market downturns or economic slowdowns.
FAD vs. SPDR S&P 500 ETF (SPY)
AUM404.89M
RegionNorth America
Expense Ratio0.64%
Beta1.10
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. Volume22,071
30 Day Avg. Volume13,146
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
200.12Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering674
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 follows the NASDAQ AlphaDEX Multi Cap Growth Index, focusing on U.S. companies with strong growth potential across all sizes, from small to large. It spreads investments across many sectors, including industrials, technology, and health care. Well-known holdings include Advanced Micro Devices (AMD) and Caterpillar. Someone might invest in FAD to seek long-term growth while staying diversified across many different companies and industries. A key risk is that growth-focused stocks can be more volatile, so the fund’s value can rise and fall sharply with the market.
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
FAD’s story is all about U.S. growth names with an industrial and tech tilt. On the upside, Lam Research and AMD are key engines, riding the AI and chip boom, while Comfort Systems, EMCOR, and Caterpillar give the fund a steady push from the industrial side. Rocket Lab adds a splash of high-octane space growth, but its profitability issues mean it can wobble the ride. Newmont offers a more defensive note, helping balance this otherwise growth-heavy, U.S.-focused lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Seagate Tech | 0.69% | $2.74M | $94.03B | 324.92% | 68 Neutral | |
| Vertiv Holdings | 0.64% | $2.56M | $90.43B | 118.89% | 77 Outperform | |
| FTAI Aviation | 0.62% | $2.45M | $28.19B | 141.95% | 58 Neutral | |
| Comfort Systems | 0.61% | $2.44M | $45.85B | 232.30% | 80 Outperform | |
| Lam Research | 0.60% | $2.37M | $288.83B | 179.50% | 77 Outperform | |
| Caterpillar | 0.58% | $2.32M | $354.86B | 114.62% | 76 Outperform | |
| EMCOR Group | 0.56% | $2.24M | $35.05B | 83.66% | 73 Outperform | |
| Woodward | 0.56% | $2.20M | $22.68B | 103.95% | 79 Outperform | |
| GE Vernova Inc. | 0.55% | $2.19M | $220.09B | 122.14% | 69 Neutral | |
| Quanta Services | 0.54% | $2.14M | $76.93B | 80.72% | 78 Outperform |
FAD Technical Analysis
Positive
―
Price Trends
166.44
Positive
163.51
Positive
155.11
Positive
Market Momentum
0.19
Positive
50.68
Neutral
54.73
Neutral
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 168.29, equal to the 50-day MA of 166.44, and equal to the 200-day MA of 155.11, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 50.68 is Neutral, neither overbought nor oversold. The STOCH value of 54.73 is Neutral, 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
167.72
20.21
13.70%
LSGR
Natixis Loomis Sayles Focused Growth ETF
―
―
―
BASG
Brown Advisory Sustainable Growth ETF
―
―
―
GQGU
GQG US Equity ETF
―
―
―
FDG
American Century Focused Dynamic Growth ETF
―
―
―
GSGO
Goldman Sachs Growth Opportunities ETF
―
―
―
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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