FEX - ETF AI Analysis
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First Trust Large Cap Core AlphaDEX Fund (FEX)
Rating:72Outperform
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which helps reduce the impact if any single industry runs into trouble.
Healthy Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing that its strategy has recently worked well for investors.
Large Asset Base
With over a billion dollars in assets, the fund has a solid size that can support trading liquidity and ongoing operations.
Negative Factors
High Expense Ratio
The fund’s fees are on the higher side for an ETF, which can eat into long-term returns compared with lower-cost options.
Concentrated U.S. Exposure
Almost all of the ETF’s holdings are in U.S. companies, offering little diversification across other global markets.
Mixed Performance Among Top Holdings
Several of the largest positions have shown weak or negative performance this year, which could weigh on future returns if that trend continues.
FEX vs. SPDR S&P 500 ETF (SPY)
AUM1.57B
RegionNorth America
Expense Ratio0.57%
Beta0.84
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield1.01%
Asset ClassEquity
Index TrackedNASDAQ AlphaDEX Large Cap Core Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume21,948
30 Day Avg. Volume20,304
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
158.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering376
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FEX Summary
The First Trust Large Cap Core AlphaDEX Fund (FEX) is an ETF that follows the NASDAQ AlphaDEX Large Cap Core Index, focusing on big U.S. companies across many industries like technology, financials, and industrials. It holds well-known names such as PayPal and Accenture, giving investors broad exposure to large U.S. stocks in a single investment. Someone might consider FEX to seek growth while staying diversified across many sectors instead of betting on just one area. A key risk is that its stock picks can rise or fall with the overall U.S. market, so your investment value can go up and down over time.
How much will it cost me?The First Trust Large Cap Core AlphaDEX Fund (FEX) has an expense ratio of 0.6%, meaning you’ll pay $6 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, using a proprietary stock selection strategy to try to outperform traditional indices.
What would affect this ETF?The First Trust Large Cap Core AlphaDEX Fund (FEX) could benefit from growth in the U.S. economy, particularly in sectors like technology and industrials, which make up a significant portion of its holdings. However, rising interest rates or economic slowdowns could negatively impact financial and consumer cyclical sectors, while regulatory changes in healthcare or energy might pose risks to specific holdings. The ETF’s focus on large-cap U.S. equities provides stability but also makes it sensitive to broader market trends and geopolitical factors affecting the U.S. economy.
FEX Top 10 Holdings
FEX is leaning into U.S. large-cap growth stories, with a noticeable tilt toward tech and health care innovators. Super Micro Computer, Dell, and Pure Storage are rising on the back of AI and data-center demand, giving the fund much of its current spark. In health care, Illumina and Natera are also climbing, adding a biotech and genomics flavor to returns. On the flip side, Cognizant and Accenture have been more mixed, occasionally losing steam and tempering gains. Overall, the ETF is broadly diversified but clearly powered by U.S. tech and medical innovation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| PTC | 0.60% | $9.39M | $21.12B | -4.01% | 73 Outperform | |
| Everpure | 0.52% | $8.15M | $51.75B | 69.70% | 64 Neutral | |
| HF Sinclair Corporation | 0.52% | $8.11M | $21.85B | 144.02% | 68 Neutral | |
| Ovintiv | 0.50% | $7.83M | C$25.48B | 81.09% | 60 Neutral | |
| Permian Resources | 0.50% | $7.80M | $19.60B | 96.44% | 81 Outperform | |
| NetApp | 0.49% | $7.72M | $46.98B | 98.27% | 76 Outperform | |
| Conocophillips | 0.49% | $7.64M | $165.26B | 59.80% | 78 Outperform | |
| Constellation Brands | 0.49% | $7.63M | $21.39B | -10.04% | 67 Neutral | |
| EQT | 0.48% | $7.61M | $33.29B | 2.14% | 76 Outperform | |
| Occidental Petroleum | 0.48% | $7.57M | $61.11B | 45.81% | 67 Neutral |
FEX Technical Analysis
Negative
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Price Trends
136.77
Negative
136.37
Negative
130.56
Positive
Market Momentum
-0.12
Negative
47.74
Neutral
74.65
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FEX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 134.61, equal to the 50-day MA of 136.77, and equal to the 200-day MA of 130.56, indicating a neutral trend. The MACD of -0.12 indicates Negative momentum. The RSI at 47.74 is Neutral, neither overbought nor oversold. The STOCH value of 74.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FEX.
FEX Peer Comparison
Comparison Results
Performance Comparison
FEX
First Trust Large Cap Core AlphaDEX Fund
136.17
22.37
19.66%
JQUA
JPMorgan U.S. Quality Factor ETF
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VONE
Vanguard Russell 1000 ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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FELC
Fidelity Enhanced Large Cap Core ETF
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QYLD
Global X NASDAQ 100 Covered Call 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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