FNK - ETF AI Analysis
Top Page
First Trust Mid Cap Value AlphaDEX Fund (FNK)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Overall Performance
The fund’s year-to-date and recent three-month returns have been strong, showing solid momentum in the current market.
Energy and Materials Leaders
Several top holdings in energy and materials have delivered strong gains, helping drive the ETF’s performance.
Broad Sector Diversification
The ETF spreads its investments across many sectors, which can help reduce the impact if any single industry faces a downturn.
Negative Factors
High Expense Ratio
The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.
Underperforming Tech and Services Holdings
Some technology and business services stocks in the top holdings have shown weak performance, which can drag on the fund’s results.
Heavy U.S. Market Dependence
With almost all assets in U.S. companies, the ETF is highly sensitive to the U.S. economy and offers limited global diversification.
FNK vs. SPDR S&P 500 ETF (SPY)
AUM231.55M
RegionNorth America
Expense Ratio0.74%
Beta0.78
IssuerFirst Trust
Inception DateApr 19, 2011
Dividend Yield1.4%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Mid Cap Value Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,880
30 Day Avg. Volume4,459
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
72.06Price 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 cheap based on their fundamentals. It spreads investments across many sectors, with larger weights in financial, consumer, and energy stocks. Well-known names in the fund include HF Sinclair and CF Industries. Someone might invest in FNK to diversify beyond large, well-known companies and to seek long-term growth from mid-sized firms that may be undervalued. A key risk is that mid-cap stocks can be more volatile and the fund’s value can go up and 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 energy stocks like HF Sinclair, SM Energy, Ovintiv, and Permian Resources doing much of the heavy lifting as they continue to rise on solid earnings and upbeat outlooks. CF Industries adds another bright spot, benefiting from steady fundamentals despite some choppy trading. On the other side of the ledger, services and tech-oriented names such as Genpact, EPAM, and Maximus have been lagging, acting as a bit of a brake on returns. Overall, the fund’s story is a U.S.-centric, value-driven bet with a clear tilt toward energy strength.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Driveway Vehicle Solutions | 0.92% | $2.12M | $8.26B | 29.80% | 76 Outperform | |
| APA | 0.88% | $2.04M | $13.18B | 105.92% | 73 Outperform | |
| Genpact | 0.87% | $2.01M | $5.81B | -21.09% | 78 Outperform | |
| Epam Systems | 0.86% | $1.99M | $5.03B | -35.86% | 70 Neutral | |
| HF Sinclair Corporation | 0.86% | $1.98M | $14.47B | 97.09% | 68 Neutral | |
| SM Energy | 0.85% | $1.97M | $6.87B | 23.72% | 72 Outperform | |
| Ovintiv | 0.85% | $1.96M | C$22.79B | 63.27% | 60 Neutral | |
| Lyft | 0.83% | $1.91M | $6.63B | 28.23% | 69 Neutral | |
| Commercial Metals Company | 0.82% | $1.89M | $8.31B | 38.08% | 70 Neutral | |
| Universal Health | 0.81% | $1.88M | $10.50B | 0.63% | 74 Outperform |
FNK Technical Analysis
Positive
―
Price Trends
62.08
Positive
60.33
Positive
58.36
Positive
Market Momentum
0.76
Positive
65.73
Neutral
88.90
Negative
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 63.72, equal to the 50-day MA of 62.08, and equal to the 200-day MA of 58.36, indicating a bullish trend. The MACD of 0.76 indicates Positive momentum. The RSI at 65.73 is Neutral, neither overbought nor oversold. The STOCH value of 88.90 is Negative, 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
64.77
11.48
21.54%
AVMV
Avantis U.S. Mid Cap Value ETF
―
―
―
XMVM
Invesco S&P MidCap Value with Momentum ETF
―
―
―
NUMV
Nuveen ESG Mid-Cap Value ETF
―
―
―
RFV
Invesco S&P Midcap 400 Pure Value ETF
―
―
―
TMVE
Thrivent Mid Cap Value 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.
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: ―
Table of Contents