FXL - ETF AI Analysis
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First Trust Technology AlphaDEX Fund (FXL)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Chip and Hardware Leaders at the Top
Many of the largest holdings, especially semiconductor and hardware companies, have shown strong gains this year, helping support the fund’s overall performance.
Broad Technology Industry Mix
Although it is tech-focused, the ETF spreads its investments across many different technology and related companies, reducing the impact if any single stock runs into trouble.
Solid Fund Size
With over a billion dollars in assets, the fund is large enough to offer stability and efficient trading for most everyday investors.
Negative Factors
High Sector Concentration in Technology
Because the vast majority of the portfolio is in technology stocks, the fund can be hit hard if the tech sector goes through a downturn.
Almost Entirely U.S.-Focused
With nearly all its holdings in U.S. companies, the ETF offers little geographic diversification and is heavily tied to the U.S. market.
Above-Average Expense Ratio
The fund charges a relatively high fee for an ETF, which can slowly reduce net returns compared with lower-cost alternatives.
FXL vs. SPDR S&P 500 ETF (SPY)
AUM1.30B
RegionNorth America
Expense Ratio0.60%
Beta1.40
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.03%
Asset ClassEquity
Index TrackedStrataQuant Technology Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume22,730
30 Day Avg. Volume15,810
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
204.19Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering103
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 with strong growth traits, giving you exposure to both well-known names and smaller innovators. Well-known holdings include Advanced Micro Devices (AMD) and Micron. Someone might invest in FXL to seek long-term growth from the technology sector and to get a diversified basket of tech-related companies in a single investment. A key risk is that it is heavily concentrated in technology, so its price can swing sharply with changes 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 very much a U.S. tech story, with the fund leaning hard into semiconductors and hardware names that are riding the AI and data-center wave. Vertiv and Micron are the clear engines here, both rising on strong demand tied to AI infrastructure. Applied Materials and Lam Research have been solid longer-term contributors, though they’ve cooled off recently and feel a bit like runners catching their breath. On the weaker side, Arrow Electronics and Avnet have been lagging, acting as a mild drag on an otherwise growth-focused, chip-heavy portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Vertiv Holdings | 2.78% | $35.53M | $98.99B | 305.40% | 77 Outperform | |
| MACOM Technology Solutions Holdings | 2.36% | $30.17M | $17.48B | 159.45% | 64 Neutral | |
| Applied Materials | 2.35% | $30.08M | $279.84B | 165.43% | 77 Outperform | |
| Arrow Electronics | 2.27% | $29.05M | $7.52B | 63.01% | 64 Neutral | |
| Lam Research | 2.21% | $28.31M | $275.54B | 254.74% | 77 Outperform | |
| Cirrus Logic | 2.17% | $27.74M | $7.59B | 79.40% | 79 Outperform | |
| KLA | 2.13% | $27.23M | $201.87B | 154.72% | 77 Outperform | |
| Akamai | 1.88% | $24.07M | $16.60B | 61.57% | 73 Outperform | |
| Micron | 1.79% | $22.95M | $426.01B | 452.52% | 79 Outperform | |
| Avnet | 1.78% | $22.78M | $5.11B | 48.21% | 67 Neutral |
FXL Technical Analysis
Neutral
―
Price Trends
165.12
Negative
167.36
Negative
165.45
Negative
Market Momentum
-1.14
Negative
52.58
Neutral
86.11
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FXL, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 161.53, equal to the 50-day MA of 165.12, and equal to the 200-day MA of 165.45, indicating a neutral trend. The MACD of -1.14 indicates Negative momentum. The RSI at 52.58 is Neutral, neither overbought nor oversold. The STOCH value of 86.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FXL.
FXL Peer Comparison
Comparison Results
Performance Comparison
FXL
First Trust Technology AlphaDEX Fund
164.01
33.81
25.97%
RSPT
Invesco S&P 500 Equal Weight Technology ETF
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QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
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SKYY
First Trust Cloud Computing ETF
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XSD
SPDR S&P Semiconductor ETF
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XNTK
Spdr Nyse Technology 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.
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: ―
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