FXL - ETF AI Analysis
Top Page
First Trust Technology AlphaDEX Fund (FXL)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, indicating that its overall strategy has recently worked well for investors.
Exposure to Leading Tech Names
Holdings like AMD, Dell, Zoom, and Adobe give investors access to well-known technology companies that have shown strong or improving performance.
Large Asset Base
The fund manages a sizable pool of assets, which can support trading liquidity and help keep the ETF operating efficiently.
Negative Factors
High Technology Concentration
With most of the portfolio in technology stocks, the ETF is heavily exposed to swings in the tech sector and less protected if that area weakens.
Several Weak Top Holdings
A number of the largest positions, such as Cognizant, Epam Systems, PTC, Amdocs, Leidos, and Adobe, have shown weak recent performance, which can drag on the fund.
Relatively High Expense Ratio
The ETF charges a higher fee than many broad market index funds, which means more of the returns go toward costs instead of staying with investors.
FXL vs. SPDR S&P 500 ETF (SPY)
AUM2.49B
RegionNorth America
Expense Ratio0.60%
Beta1.40
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.02%
Asset ClassEquity
Index TrackedStrataQuant Technology Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume140,533
30 Day Avg. Volume164,658
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
245.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering111
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FXL Summary
FXL is an exchange-traded fund (ETF) that focuses on U.S. technology stocks by tracking the StrataQuant Technology Index. It mainly holds companies in the information technology sector, from well-known names like Adobe and Advanced Micro Devices (AMD) to smaller, fast-growing tech firms. Someone might invest in FXL to seek growth from the long-term expansion of the tech industry and to get diversified exposure to many different tech companies in a single investment. However, because it is heavily concentrated in technology, its price can rise and fall sharply when tech stocks are in or out of favor.
How much will it cost me?The expense ratio for FXL is 0.62%, meaning you’ll pay $6.20 per year for every $1,000 invested. This is higher than average because FXL is actively managed, using a unique strategy to select and weight stocks based on growth factors, which requires more research and management compared to passively managed ETFs.
What would affect this ETF?FXL's focus on the U.S. technology sector positions it to benefit from continued innovation in areas like artificial intelligence, cloud computing, and digital transformation, which could drive growth for its top holdings like Alphabet and Broadcom. However, rising interest rates or regulatory changes targeting tech companies may negatively impact the sector's profitability and valuations, creating potential headwinds for the ETF's performance.
FXL Top 10 Holdings
FXL is a tech-heavy, U.S.-focused fund where a few key names are setting the tone. Dell and AMD have been the main engines lately, riding strong momentum in AI and data-center demand and giving the ETF some welcome lift. Zoom has been more steady than spectacular, helping but not really moving the needle. On the other side, consulting and software names like Cognizant, EPAM, and Adobe have been losing steam, weighing on results despite solid fundamentals. Overall, the fund is clearly concentrated in technology, with performance hinging on a handful of rising AI-linked leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Cognizant | 2.52% | $61.45M | $23.84B | -23.88% | 79 Outperform | |
| Epam Systems | 2.35% | $57.28M | $5.25B | -34.81% | 70 Neutral | |
| PTC | 2.03% | $49.58M | $14.73B | -34.59% | 73 Outperform | |
| Amdocs | 1.96% | $47.81M | $5.90B | -34.02% | 69 Neutral | |
| Leidos Holdings | 1.93% | $47.23M | $14.89B | -28.98% | 77 Outperform | |
| Zoom Video Communications | 1.86% | $45.53M | $26.82B | 24.47% | 81 Outperform | |
| Adobe | 1.79% | $43.71M | $99.05B | -27.63% | 80 Outperform | |
| RingCentral | 1.54% | $37.69M | $4.75B | 117.86% | 63 Neutral | |
| Dell Technologies | 1.49% | $36.43M | $254.19B | 176.80% | 65 Neutral | |
| KBR | 1.45% | $35.40M | $4.74B | -21.07% | 73 Outperform |
FXL Technical Analysis
Positive
―
Price Trends
206.10
Negative
190.48
Positive
179.90
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FXL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 200.77, equal to the 50-day MA of 206.10, and equal to the 200-day MA of 179.90, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FXL.
FXL Peer Comparison
Comparison Results
Performance Comparison
FXL
First Trust Technology AlphaDEX Fund
197.32
37.09
23.15%
RSPT
Invesco S&P 500 Equal Weight Technology ETF
―
―
―
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
―
―
―
XSD
SPDR S&P Semiconductor ETF
―
―
―
SKYY
First Trust Cloud Computing ETF
―
―
―
XNTK
Spdr Nyse Technology 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