FNK - ETF AI Analysis
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First Trust Mid Cap Value AlphaDEX Fund (FNK)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Top Holdings Showing Solid Gains
Many of the largest positions, such as CarMax, Bunge Global, and Alcoa, have delivered strong year-to-date performance, helping support the fund’s returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, including financials, consumer cyclical, industrials, energy, and others, which helps reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into long-term returns compared with lower-cost alternatives.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies, the fund offers very limited geographic diversification and is highly tied to the U.S. market.
Cyclical Sector Tilt
Large weights in financials, consumer cyclical, and energy mean the fund may be more sensitive to economic slowdowns and market swings.
FNK vs. SPDR S&P 500 ETF (SPY)
AUM203.72M
RegionNorth America
Expense Ratio0.74%
Beta0.87
IssuerFirst Trust
Inception DateApr 19, 2011
Dividend Yield1.49%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Mid Cap Value Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,012
30 Day Avg. Volume7,567
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
68.62Price 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 undervalued. It spreads your money across many sectors like financials, consumer companies, and industrials, with holdings such as CarMax and Bunge Global. Someone might invest in FNK to seek growth from mid-sized companies while also getting diversification across many industries. A key risk is that mid-cap value stocks can be more volatile than large, well-known companies, so the fund’s price can go up and down with changes in the 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 hard into U.S. mid-cap value names, with a clear tilt toward energy and industrials driving the story. California Resources, Ovintiv, Permian Resources, and Matador Resources have been rising on the back of solid fundamentals, giving the fund a strong energy backbone. NOV and Fluor add industrial punch, also trending positively after recent momentum. Bunge and Eastman Chemical are more steady contributors, helping smooth out the ride. Overall, the ETF is concentrated in cyclical, commodity-linked names, which can power returns but also make the fund sensitive to economic and commodity swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| APA | 1.06% | $2.18M | $12.67B | 77.81% | 73 Outperform | |
| California Resources Corp | 1.04% | $2.12M | $5.67B | 46.84% | 71 Outperform | |
| Ovintiv | 1.03% | $2.10M | C$21.52B | 36.05% | 60 Neutral | |
| Bunge Global | 1.03% | $2.10M | $24.37B | 68.60% | 66 Neutral | |
| Permian Resources | 1.01% | $2.06M | $16.31B | 43.80% | 81 Outperform | |
| Chord Energy | 0.99% | $2.04M | $7.22B | 16.88% | 76 Outperform | |
| Magnolia Oil & Gas | 0.99% | $2.03M | $5.58B | 24.62% | 65 Neutral | |
| Matador Resources | 0.98% | $2.02M | $7.16B | 13.96% | 82 Outperform | |
| HF Sinclair Corporation | 0.92% | $1.88M | $10.53B | 75.73% | 68 Neutral | |
| Alcoa | 0.89% | $1.83M | $17.26B | 92.58% | 76 Outperform |
FNK Technical Analysis
Neutral
―
Price Trends
58.87
Negative
56.73
Positive
55.00
Positive
Market Momentum
-0.74
Positive
36.09
Neutral
14.93
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FNK, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 58.72, equal to the 50-day MA of 58.87, and equal to the 200-day MA of 55.00, indicating a neutral trend. The MACD of -0.74 indicates Positive momentum. The RSI at 36.09 is Neutral, neither overbought nor oversold. The STOCH value of 14.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FNK.
FNK Peer Comparison
Comparison Results
Performance Comparison
FNK
First Trust Mid Cap Value AlphaDEX Fund
56.28
5.83
11.56%
IMCV
iShares Morningstar Mid-Cap ETF
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―
―
AVMV
Avantis U.S. Mid Cap Value ETF
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―
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NUMV
Nuveen ESG Mid-Cap Value ETF
―
―
―
XMVM
Invesco S&P MidCap Value with Momentum ETF
―
―
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TMVE
Thrivent Mid Cap Value ETF
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―
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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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