FAB - ETF AI Analysis
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First Trust Multi Cap Value AlphaDEX Fund (FAB)
FAB, the First Trust Multi Cap Value AlphaDEX Fund, earns a solid overall rating thanks to several strong energy and resource holdings like Permian Resources, ConocoPhillips, EQT, and EOG Resources, which show robust financial performance, positive earnings calls, and generally attractive valuations. These strengths are partly offset by holdings such as Ovintiv, Occidental Petroleum, and PTC, where bearish technical signals, high valuation concerns, or macroeconomic pressures introduce more uncertainty. The main risk factor is the fund’s heavy exposure to energy-related companies, which can make performance more sensitive to commodity price swings and sector-specific volatility.
FAB vs. SPDR S&P 500 ETF (SPY)
- AUM
- 159.19M
- Region
- North America
- Expense Ratio
- 0.66%
- Beta
- 0.69
- Issuer
- First Trust
- Inception Date
- May 08, 2007
- Dividend Yield
- 1.71%
- Asset Class
- Equity
- Index Tracked
- Nasdaq AlphaDEX Multi Cap Value
FAB Summary
FAB, the First Trust Multi Cap Value AlphaDEX Fund, is an ETF that follows the Nasdaq AlphaDEX Multi Cap Value Index. It invests in U.S. companies of all sizes that appear undervalued, with big exposure to financials, energy, and consumer businesses. Well-known holdings include PayPal and Accenture. Someone might invest in FAB to get broad, diversified exposure to value stocks that could grow over time if these companies recover or improve. A key risk is that value stocks can stay out of favor for long periods, and the ETF’s price can go up and down with the overall stock market.
How much will it cost me?
The expense ratio for the First Trust Multi Cap Value AlphaDEX Fund (FAB) is 0.64%, which means you’ll pay $6.40 per year for every $1,000 invested. This is higher than average because the fund is actively managed, using a proprietary methodology to select and weight stocks for potential growth within the value investing niche.
What would affect this ETF?
The ETF's focus on value investing and exposure to sectors like Financials and Energy could benefit from rising interest rates or increased demand for energy, while its U.S. geographic focus might provide stability in a strong domestic economy. However, economic slowdowns, regulatory changes in key sectors like Health Care or Financials, or declining consumer spending could negatively impact its performance. Additionally, the fund's reliance on undervalued stocks means it may face challenges if growth stocks outperform in the broader market.
FAB Top 10 Holdings
FAB is leaning into a mix of U.S. value names, with a noticeable tilt toward tech-enabled services and energy. On the tech side, Super Micro Computer has been rising and helps power returns, while Cognizant and Accenture are more mixed, occasionally losing steam and tempering the upside. In payments, PayPal and Global Payments are steady but not exactly sprinting ahead. The real muscle lately comes from energy plays like Phillips 66 and Valero, which have been climbing and giving the fund a solid boost, making value-oriented energy a key driver of performance.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 TSE:OVV | Ovintiv | ― | ― | ― | ― | 60Neutral |
 COP | Conocophillips | 0.50% | $804.63K | $176.01B | 68.58% | 78Outperform |
 DINO | HF Sinclair Corporation | 0.50% | $802.36K | $22.27B | 147.46% | 68Neutral |
 PR | Permian Resources | 0.50% | $800.21K | $20.60B | 103.39% | 81Outperform |
 STZ | Constellation Brands | 0.50% | $798.48K | $22.23B | -5.72% | 67Neutral |
 CTSH | Cognizant | 0.49% | $790.05K | $29.74B | 0.86% | 79Outperform |
 EOG | EOG Resources | 0.49% | $788.31K | $82.88B | 47.33% | 78Outperform |
 OXY | Occidental Petroleum | 0.48% | $775.01K | $62.36B | 52.00% | 67Neutral |
 EQT | EQT | 0.48% | $768.51K | $33.97B | 1.99% | 76Outperform |
 ALL | Allstate | 0.48% | $767.93K | $62.68B | 27.20% | 74Outperform |
FAB Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FAB, the sentiment is Positive. The current price of 103.18 is above the 20-day moving average (MA) of 100.66, below the 50-day MA of 103.77, and above the 200-day MA of 98.64, indicating a neutral trend. The MACD of -0.37 indicates Negative momentum. The RSI at 58.52 is Neutral, neither overbought nor oversold. The STOCH value of 90.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FAB.
FAB Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FAB | $103.18 | $112.00(8.55% Upside) | $159.19M | 0.66% | 70Outperform |
 VFVA | $156.98 | $187.96(19.74% Upside) | $939.27M | 0.13% | 69Neutral |
 VLU | $244.98 | $287.03(17.16% Upside) | $781.21M | 0.12% | 71Outperform |
 LSVD | $35.91 | $43.15(20.15% Upside) | $675.46M | 0.40% | 75Outperform |
 QVAL | $62.30 | $71.27(14.40% Upside) | $640.67M | 0.28% | 72Outperform |
 AIVL | $132.99 | $152.16(14.42% Upside) | $416.20M | 0.38% | 72Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FAB | First Trust Multi Cap Value AlphaDEX Fund | 103.18 | 17.71 | 20.72% | |
| VFVA | Vanguard U.S. Value Factor ETF | 156.98 | 32.05 | 25.65% | |
| VLU | SPDR S&P 1500 Value Tilt ETF | 244.98 | 43.21 | 21.41% | |
| LSVD | LSV Disciplined Value ETF | 35.91 | 7.62 | 26.94% | |
| QVAL | Alpha Architect U.S. Quantitative Value ETF | 62.30 | 16.42 | 35.78% | |
| AIVL | WisdomTree U.S. AI Enhanced Value Fund | 132.99 | 19.47 | 17.16% |
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.