FAD - ETF AI Analysis
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First Trust Multi Cap Growth AlphaDEX Fund (FAD)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, suggesting positive momentum.
Multiple Strong Tech-Related Holdings
Several of the top technology-focused holdings have delivered strong year-to-date results, supporting the fund’s overall growth profile.
Negative Factors
Higher-Than-Average Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can eat into long-term returns.
Heavy U.S. Market Concentration
With almost all assets in U.S. stocks, the fund offers little geographic diversification and is highly tied to the U.S. market’s fortunes.
Growth and Tech Sensitivity
Significant exposure to growth and technology-related companies means the fund may be more volatile during market downturns or when growth stocks fall out of favor.
FAD vs. SPDR S&P 500 ETF (SPY)
AUM542.11M
RegionNorth America
Expense Ratio0.63%
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. Volume10,381
30 Day Avg. Volume11,083
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
223.86Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering671
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 holds a mix of sectors, with a tilt toward industrials and technology, and includes well-known names like Western Digital and Micron. Someone might invest in FAD to seek long-term growth while staying diversified across many industries and company sizes. 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 right now is all about U.S. growth names tied to data and AI. Chip and storage players like Micron, Seagate, Western Digital, and AMD are doing the heavy lifting, with rising or steady share prices as investors bet on booming demand for memory and processing power. Rocket Lab and Bloom Energy add a more speculative edge, helping when sentiment is hot but also injecting some bumpiness when their momentum cools. With a clear tilt toward technology and industrial innovators, this fund leans hard into the modern digital infrastructure theme.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 1.16% | $6.34M | $312.15B | 4417.01% | 55 Neutral | |
| Micron | 1.12% | $6.11M | $1.23T | 748.23% | 79 Outperform | |
| Seagate Tech | 0.97% | $5.32M | $228.44B | 688.06% | 68 Neutral | |
| Western Digital | 0.93% | $5.09M | $225.26B | 1062.85% | 77 Outperform | |
| Dell Technologies | 0.91% | $4.98M | $265.12B | 248.56% | 65 Neutral | |
| Marvell | 0.83% | $4.55M | $270.21B | 298.16% | 76 Outperform | |
| Advanced Micro Devices | 0.74% | $4.03M | $892.36B | 299.13% | 73 Outperform | |
| Bloom Energy | 0.61% | $3.35M | $78.08B | 1216.21% | 62 Neutral | |
| MACOM Technology Solutions Holdings | 0.61% | $3.35M | $29.36B | 181.76% | 64 Neutral | |
| MKS | 0.59% | $3.22M | $25.35B | 298.12% | 75 Outperform |
FAD Technical Analysis
Positive
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Price Trends
180.66
Positive
172.68
Positive
167.29
Positive
Market Momentum
2.80
Negative
60.93
Neutral
89.50
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 186.69, equal to the 50-day MA of 180.66, and equal to the 200-day MA of 167.29, indicating a bullish trend. The MACD of 2.80 indicates Negative momentum. The RSI at 60.93 is Neutral, neither overbought nor oversold. The STOCH value of 89.50 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
191.92
51.20
36.38%
LSGR
Natixis Loomis Sayles Focused Growth ETF
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GQGU
GQG US Equity 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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GSGO
Goldman Sachs Growth Opportunities 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.
DisclaimerThis 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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