FEX - ETF AI Analysis
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First Trust Large Cap Core AlphaDEX Fund (FEX)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past few months, showing positive momentum.
Technology-Driven Top Holdings
Many of the largest positions are technology-related companies that have generally shown strong year-to-date performance, helping lift the fund.
Broad Sector Diversification
Holdings are spread across many sectors, including industrials, technology, financials, health care, and others, which helps reduce reliance on any single industry.
Negative Factors
Higher-Than-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Heavy U.S. Concentration
Almost all assets are invested in U.S. companies, offering very limited international diversification.
Exposure to Volatile Tech Names
Several top technology holdings, including at least one with slightly negative year-to-date results, can make the fund more sensitive to swings in the tech sector.
FEX vs. SPDR S&P 500 ETF (SPY)
AUM1.57B
RegionNorth America
Expense Ratio0.57%
Beta0.84
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.94%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Large Cap Core Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume20,821
30 Day Avg. Volume22,282
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
153.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering376
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FEX Summary
FEX is an exchange-traded fund that follows the NASDAQ AlphaDEX Large Cap Core Index, focusing on large U.S. companies across many sectors like industrials, technology, and finance. It uses a rules-based approach to pick stocks it believes have strong growth and solid business fundamentals. Well-known holdings include Dell Technologies and Micron. Investors might consider FEX if they want diversified exposure to many big U.S. companies with some growth potential, instead of betting on a single stock. A key risk is that its stock picks can still fall in value and will go up and down with the overall stock market.
How much will it cost me?The First Trust Large Cap Core AlphaDEX Fund (FEX) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, using a proprietary stock selection strategy to try to outperform traditional indices.
What would affect this ETF?The First Trust Large Cap Core AlphaDEX Fund (FEX) could benefit from growth in the U.S. economy, particularly in sectors like technology and industrials, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns could negatively impact financial and consumer cyclical sectors, while regulatory changes in healthcare or energy might pose risks to specific holdings. The ETF’s focus on large-cap U.S. equities provides stability but also makes it sensitive to broader market trends and geopolitical factors affecting the U.S. economy.
FEX Top 10 Holdings
FEX is leaning heavily into U.S. tech and industrial names, and its story right now is all about chips and data. Micron and AMD are two of the main engines, riding strong demand tied to AI and high-end memory, while storage players like Seagate and Western Digital are also rising and giving the fund an extra push. On the more speculative side, Bloom Energy is climbing but adds some bumpiness given its leverage and rich valuation. Overall, performance is being driven by a concentrated cluster of U.S. technology hardware and semiconductor-related stocks.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 1.22% | $19.33M | $293.23B | 4559.06% | 55 Neutral | |
| Micron | 1.14% | $18.02M | $1.11T | 807.87% | 79 Outperform | |
| Dell Technologies | 0.94% | $14.95M | $256.37B | 247.78% | 65 Neutral | |
| Seagate Tech | 0.93% | $14.74M | $208.77B | 677.47% | 68 Neutral | |
| Marvell | 0.88% | $14.01M | $244.68B | 338.62% | 76 Outperform | |
| Western Digital | 0.81% | $12.91M | $194.03B | 1038.36% | 77 Outperform | |
| Advanced Micro Devices | 0.79% | $12.48M | $834.17B | 332.99% | 73 Outperform | |
| Bloom Energy | 0.75% | $11.91M | $74.02B | 1085.51% | 62 Neutral | |
| Humana | 0.68% | $10.85M | $45.53B | 61.54% | 69 Neutral | |
| MACOM Technology Solutions Holdings | 0.67% | $10.61M | $28.98B | 193.32% | 64 Neutral |
FEX Technical Analysis
Positive
―
Price Trends
131.49
Positive
127.73
Positive
122.38
Positive
Market Momentum
1.73
Negative
63.42
Neutral
88.73
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FEX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 134.73, equal to the 50-day MA of 131.49, and equal to the 200-day MA of 122.38, indicating a bullish trend. The MACD of 1.73 indicates Negative momentum. The RSI at 63.42 is Neutral, neither overbought nor oversold. The STOCH value of 88.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FEX.
FEX Peer Comparison
Comparison Results
Performance Comparison
FEX
First Trust Large Cap Core AlphaDEX Fund
138.03
32.76
31.12%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
―
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RWL
Invesco S&P 500 Revenue ETF
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QYLD
Global X NASDAQ 100 Covered Call ETF
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JQUA
JPMorgan U.S. Quality Factor 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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