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FNY - ETF AI Analysis
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First Trust Mid Cap Growth AlphaDEX Fund (FNY)
Rating:70Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum.
Top Holdings With Strong Gains
Several of the largest positions, such as Bloom Energy and Hecla Mining, have delivered strong year-to-date gains that support the fund’s returns.
Broad Sector Diversification
Holdings spread across many sectors, including industrials, health care, technology, and consumer areas, help reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
Heavy U.S. Concentration
With almost all assets invested in U.S. companies, the ETF offers little geographic diversification and is highly tied to the U.S. economy.
Mid-Cap Growth Volatility
The focus on mid-cap growth stocks, including smaller and more specialized companies, can lead to larger price swings than more conservative, large-cap or value-focused funds.
FNY vs. SPDR S&P 500 ETF (SPY)
AUM478.25M
RegionNorth America
Expense Ratio0.73%
Beta1.08
IssuerFirst Trust
Inception DateApr 19, 2011
Dividend Yield0.51%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Mid Cap Growth Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume24,852
30 Day Avg. Volume23,175
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
115.33Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering225
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FNY Summary
The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an ETF that follows the NASDAQ AlphaDEX Mid Cap Growth Index, focusing on medium‑sized U.S. companies with strong growth potential. It spreads investments across many sectors, including industrials, health care, and technology, with holdings such as Bloom Energy and Hecla Mining Company. Someone might invest in FNY to seek higher growth than large, slower-moving companies while still getting diversification across many stocks and industries. A key risk is that mid-cap growth stocks can be more volatile, so the fund’s value can rise and fall more sharply than the overall market.
How much will it cost me?The expense ratio for the First Trust Mid Cap Growth AlphaDEX Fund (FNY) is 0.7%, which means you’ll pay $7 per year for every $1,000 invested. This is higher than average because the fund is actively managed, using a specialized methodology to select and weight stocks for potential growth. Active management typically involves higher costs compared to passively managed funds that track an index.
What would affect this ETF?The First Trust Mid Cap Growth AlphaDEX Fund (FNY) could benefit from positive trends in the U.S. economy, such as technological advancements and increased demand for industrial and healthcare innovations, given its strong exposure to these sectors. However, it may face challenges from rising interest rates, which can negatively impact growth-focused companies, and potential economic slowdowns that could reduce consumer spending and affect cyclical sectors. Regulatory changes or geopolitical tensions could also influence the performance of its top holdings in industries like energy and materials.
FNY Top 10 Holdings
FNY is leaning hard into U.S. mid-cap growth names tied to industrials and tech, and that mix has mostly been a tailwind. Telecom and networking plays like Lumentum and Ciena have been rising, helping power the fund’s recent momentum, while ATI and infrastructure-focused names such as Primoris and IES Holdings add steady strength from the industrial side. On the flip side, Bloom Energy’s more mixed performance keeps it from fully pulling its weight. Overall, the ETF is diversified across many small positions, but thematically tilted toward industrial and tech-driven growth in the U.S.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lumentum Holdings | 1.32% | $6.42M | $47.98B | 983.00% | 61 Neutral | |
| Bloom Energy | 1.29% | $6.24M | $43.20B | 516.00% | 62 Neutral | |
| Ciena | 1.05% | $5.08M | $47.70B | 427.54% | 70 Outperform | |
| TTM Technologies | 1.01% | $4.92M | $9.97B | 342.21% | 77 Outperform | |
| ATI | 1.01% | $4.88M | $21.77B | 206.36% | 78 Outperform | |
| Everus Construction Group, Inc. | 0.98% | $4.77M | $5.91B | 205.46% | 72 Outperform | |
| Nextpower Inc | 0.95% | $4.60M | $16.89B | 153.07% | 78 Outperform | |
| MACOM Technology Solutions Holdings | 0.93% | $4.54M | $16.55B | 118.56% | 64 Neutral | |
| AST SpaceMobile | 0.87% | $4.24M | $33.44B | 205.41% | 54 Neutral | |
| The Ensign Group | 0.87% | $4.24M | $12.18B | 63.34% | 78 Outperform |
FNY Technical Analysis
Negative
―
Price Trends
96.02
Negative
93.85
Negative
89.59
Positive
Market Momentum
-0.61
Positive
41.40
Neutral
25.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FNY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 96.21, equal to the 50-day MA of 96.02, and equal to the 200-day MA of 89.59, indicating a neutral trend. The MACD of -0.61 indicates Positive momentum. The RSI at 41.40 is Neutral, neither overbought nor oversold. The STOCH value of 25.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FNY.
FNY Peer Comparison
Comparison Results
Performance Comparison
FNY
First Trust Mid Cap Growth AlphaDEX Fund
93.14
19.48
26.45%
NUMG
Nuveen ESG Mid-Cap Growth ETF
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―
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RFG
Invesco S&P Midcap 400 Pure Growth ETF
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―
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GLRY
Inspire Faithward Mid Cap Momentum ESG ETF
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FRTY
Alger Mid Cap 40 ETF
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―
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TMFM
Motley Fool Mid-Cap Growth 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.
Disclaimer
This 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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