The First Trust Health Care AlphaDEX Fund (FXH) is a dynamic exchange-traded fund that offers investors targeted exposure to the health care sector, a vital and ever-evolving component of the global economy. Designed for those looking to capitalize on the growth and innovation inherent in health care, FXH is not just another sector fund; it is crafted with a strategic focus that leverages the unique AlphaDEX methodology. This methodology aims to select stocks based on specific growth factors, positioning the fund to potentially outperform traditional indices by dynamically ranking and weighting securities.
As a sector-focused ETF within the broad-based niche of health care, FXH captures a diverse array of companies ranging from pharmaceuticals and biotechnology to health care equipment and services. This diversification within the health care space allows investors to benefit from the robust and resilient nature of the sector, which is often driven by demographic trends, technological advancements, and the increasing demand for medical innovations and services.
The fund's intelligent design aims to provide a balance of risk and reward by selecting top-performing health care stocks with the potential for superior returns. By investing in FXH, investors gain access to a carefully curated portfolio that reflects the dynamic and essential role of health care in global markets, making it an attractive option for those seeking growth opportunities in a critical industry.
Asset Class
Equity
Region
North America
Issuer
First Trust
Index Tracked
StrataQuant Health Care Index
Ticker Symbol
FXH
First Trust Health Care AlphaDEX Fund (FXH) Fund Flow Chart
First Trust Health Care AlphaDEX Fund (FXH) 1 year Net Flows: -$254M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.