FNK - ETF AI Analysis
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First Trust Mid Cap Value AlphaDEX Fund (FNK)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many different sectors, which can help reduce the impact if any one industry struggles.
Strong Recent Overall Performance
The ETF has shown solid gains so far this year and in the most recent month, indicating positive recent momentum.
Multiple Strong Top Holdings
Several of the largest positions, such as Sirius XM Holdings and EPR Properties, have delivered strong year-to-date performance that supports the fund’s returns.
Negative Factors
High Expense Ratio
The fund’s fees are relatively high for an ETF, which can eat into long-term returns for investors.
Heavy U.S.-Only Exposure
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification if the U.S. market weakens.
Several Weak Top Holdings
A number of the largest positions, including Lyft, Lithia Motors, and Macy’s, have shown weak year-to-date performance that could drag on the fund.
FNK vs. SPDR S&P 500 ETF (SPY)
AUM216.75M
RegionNorth America
Expense Ratio0.74%
Beta0.82
IssuerFirst Trust
Inception DateApr 19, 2011
Dividend Yield1.52%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Mid Cap Value Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,082
30 Day Avg. Volume7,669
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
68.03Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering224
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FNK Summary
FNK is an exchange-traded fund that follows the NASDAQ AlphaDEX Mid Cap Value Index, focusing on medium‑sized U.S. companies that look relatively cheap based on their fundamentals. It holds a mix of sectors like financials, consumer companies, and real estate, with well-known names such as Macy’s and Lyft among its holdings. Someone might invest in FNK to seek long-term growth from mid-sized companies while spreading risk across many stocks instead of picking individual names. A key risk is that mid-cap value stocks can be volatile and the fund’s price can go up or down with the overall stock market.
How much will it cost me?The expense ratio for the First Trust Mid Cap Value AlphaDEX Fund (FNK) is 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because FNK uses an actively managed smart beta strategy to select stocks with strong value characteristics, rather than passively tracking an index.
What would affect this ETF?FNK's focus on U.S. mid-cap value stocks could benefit from economic recovery and increased consumer spending, especially in sectors like financials and consumer cyclicals, which are heavily weighted in the fund. However, rising interest rates or economic slowdowns could negatively impact mid-cap companies and sectors like real estate and energy, which are more sensitive to such changes. Regulatory shifts or geopolitical tensions affecting U.S.-based businesses may also influence the ETF's performance.
FNK Top 10 Holdings
FNK is leaning heavily into U.S. mid-cap value names, with a clear tilt toward financials and real estate that gives the fund a distinctly Main Street flavor rather than a Big Tech vibe. Matson has been one of the real workhorses lately, helping to pull overall returns higher, while Sirius XM and First American Financial are also rising and adding some welcome momentum. On the flip side, Macy’s and office-focused landlords like Vornado and Kilroy are losing steam, acting as mild brakes on performance rather than full-on anchors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Vornado Realty | 1.02% | $2.20M | $7.75B | -5.05% | 57 Neutral | |
| Macy's | 0.96% | $2.08M | $6.35B | 131.77% | 74 Outperform | |
| Kilroy Realty | 0.92% | $2.00M | $4.32B | 5.71% | 71 Outperform | |
| Taylor Morrison | 0.87% | $1.87M | $6.58B | 17.65% | 78 Outperform | |
| Meritage | 0.85% | $1.85M | $5.05B | 12.14% | 69 Neutral | |
| Sirius XM Holdings | 0.85% | $1.84M | $9.44B | 27.52% | 64 Neutral | |
| Matson | 0.84% | $1.83M | $5.79B | 76.21% | 77 Outperform | |
| Commercial Metals Company | 0.84% | $1.82M | $8.02B | 48.75% | 70 Neutral | |
| Lithia Motors | 0.83% | $1.80M | $6.72B | -12.09% | 76 Outperform | |
| Gentex | 0.83% | $1.79M | $5.53B | 19.31% | 70 Outperform |
FNK Technical Analysis
Positive
―
Price Trends
59.57
Positive
58.93
Positive
57.01
Positive
Market Momentum
0.40
Negative
60.49
Neutral
42.65
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FNK, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 60.16, equal to the 50-day MA of 59.57, and equal to the 200-day MA of 57.01, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 60.49 is Neutral, neither overbought nor oversold. The STOCH value of 42.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNK.
FNK Peer Comparison
Comparison Results
Performance Comparison
FNK
First Trust Mid Cap Value AlphaDEX Fund
61.07
10.09
19.79%
AVMV
Avantis U.S. Mid Cap Value ETF
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XMVM
Invesco S&P MidCap Value with Momentum ETF
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NUMV
Nuveen ESG Mid-Cap Value ETF
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RFV
Invesco S&P Midcap 400 Pure Value ETF
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TMVE
Thrivent Mid Cap Value 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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