FMK - Mega Cap AlphaDEX Fund Profile
FMK Tracks This Index: Defined Mega Cap Index
Description: The index employs the AlphaDEX stock selection methodology which uses fundamental growth and value factors to objectively select stocks from the S&P US BMI universe which may generate positive alpha relative to traditional passive indices. The index is a modified equal-dollar weighted index where higher ranked stocks receive a higher weight within the index.
Description: The index employs the AlphaDEX stock selection methodology which uses fundamental growth and value factors to objectively select stocks from the S&P US BMI universe which may generate positive alpha relative to traditional passive indices. The index is a modified equal-dollar weighted index where higher ranked stocks receive a higher weight within the index.
- Issuer: First Trust
- Expense Ratio: 0.70%
- ETFdb Category: Large Cap Blend Equities
- ETF Home Page: FMK
- Inception: 2011-05-12
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