FXL - ETF AI Analysis
Top Page
First Trust Technology AlphaDEX Fund (FXL)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the past month, indicating solid recent momentum.
Leading Tech Holdings
Many of the top positions, especially in semiconductor and hardware companies, have delivered strong year-to-date performance that supports the fund’s returns.
Focused but Not Single-Stock Heavy
While the fund is concentrated in technology, its top holdings each make up only a small slice of assets, reducing the risk from any one company.
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.
Sector Concentration Risk
With the vast majority of assets in technology stocks, the ETF is highly sensitive to downturns in the tech sector.
Limited Geographic Diversification
Almost all holdings are in U.S. companies, offering little protection if the U.S. market or economy weakens.
FXL vs. SPDR S&P 500 ETF (SPY)
AUM1.49B
RegionNorth America
Expense Ratio0.60%
Beta1.39
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. Volume16,451
30 Day Avg. Volume16,698
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
210.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering104
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FXL Summary
FXL is an exchange-traded fund that focuses on U.S. technology stocks by tracking the StrataQuant Technology Index. It uses a rules-based approach to pick tech companies showing strong growth trends. The fund holds a wide mix of tech names, from well-known companies like Dell Technologies and Micron to smaller, specialized chip and hardware makers. Someone might invest in FXL to seek long-term growth and get diversified exposure across many different tech businesses in one investment. A key risk is that it is heavily concentrated in technology, so its price can swing sharply with ups and downs in the tech sector.
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 riding a powerful wave in U.S. tech, with the story largely driven by chip and AI infrastructure names. Marvell, Micron, and Monolithic Power are all rising, helped by enthusiasm around AI data centers and advanced memory, giving the fund a strong semiconductor heartbeat. Vertiv and Amkor are also climbing, adding extra lift as key picks-and-shovels players in the data and packaging space. MACOM’s more mixed profile and valuation worries act as a small speed bump, but overall the ETF is clearly concentrated in U.S. technology and AI-related hardware.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Marvell | 2.31% | $34.23M | $143.68B | 169.52% | 76 Outperform | |
| Micron | 2.24% | $33.27M | $560.17B | 567.72% | 79 Outperform | |
| Monolithic Power | 2.10% | $31.11M | $80.16B | 171.28% | 75 Outperform | |
| Dell Technologies | 1.90% | $28.19M | $141.12B | 128.61% | 65 Neutral | |
| KLA | 1.86% | $27.65M | $253.63B | 173.88% | 77 Outperform | |
| Vertiv Holdings | 1.86% | $27.57M | $124.24B | 274.26% | 77 Outperform | |
| Jabil | 1.85% | $27.49M | $36.04B | 132.83% | 73 Outperform | |
| Amkor | 1.85% | $27.42M | $19.35B | 332.61% | 69 Neutral | |
| MACOM Technology Solutions Holdings | 1.82% | $26.96M | $21.58B | 168.54% | 64 Neutral | |
| Advanced Micro Devices | 1.81% | $26.85M | $567.05B | 247.16% | 73 Outperform |
FXL Technical Analysis
Positive
―
Price Trends
168.58
Positive
169.80
Positive
167.52
Positive
Market Momentum
5.45
Negative
68.93
Neutral
76.35
Neutral
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 177.43, equal to the 50-day MA of 168.58, and equal to the 200-day MA of 167.52, indicating a bullish trend. The MACD of 5.45 indicates Negative momentum. The RSI at 68.93 is Neutral, neither overbought nor oversold. The STOCH value of 76.35 is Neutral, 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
187.84
48.01
34.33%
RSPT
Invesco S&P 500 Equal Weight Technology ETF
―
―
―
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
―
―
―
SKYY
First Trust Cloud Computing ETF
―
―
―
XSD
SPDR S&P Semiconductor 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