This ETF offers exposure to the large cap sector of the U.S. equity market, making it one of many options for accessing an asset class that receives significant allocations in many portfolios. As such, FEX will appeal primarily to investors constructing exposure for the long term, and won’t be of much use to short-term focused traders. This ETF is one of the AlphaDEX products from First Trust, linked to an index that utilizes rules-based quantitative screens to identify companies that are poised to outperform broad-based cap-weighted benchmarks. The AlphaDEX products have an impressive track record compared to funds such as SPY, though the historical period is somewhat limited. Investors convinced by the stellar performance and underlying methodology may prefer FEX as a tool for accessing large cap U.S. stocks, while those who believe in perfectly efficient markets and focus on minimizing fees will want to look elsewhere. This fund’s expense ratio is considerably higher than other options such as SPY or VOO.
| Segment | Equity: U.S. - Large Cap |
| Category | Size and Style |
| Focus | Large Cap |
| Niche | Broad-based |
| Strategy | Multi-factor |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| FEX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 374 | 212 | 145 |
| % of Assets in Top 10 | 5.34% | 35.07% | 52.64% |
| % of Assets in Top 15 | 7.78% | 41.72% | 57.26% |
| % of Assets in Top 50 | 23.84% | 67.25% | 74.97% |
| FEX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 93.30% | 66.93% | 49.72% |
| Mid (>2.7B) | 6.60% | 8.52% | 4.41% |
| Small (>600M) | 0.00% | 0.59% | 0.09% |
| Micro (<600M) | 0.00% | 0.06% | 0.00% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| FEX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.20 | $ 0.27 | $ 0.14 |
| Dividend Date | 2021-09-23 | N/A | N/A |
| Annual Dividend Rate | $ 0.70 | $ 0.74 | $ 0.49 |
| Annual Dividend Yield | 0.77% | 1.26% | 0.76% |
View charts featuring FEX price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: 24.75 M 3 Month Net Flows: 36.07 M 6 Month Net Flows: 40.21 M 1 Year Net Flows: 41.2 M 3 Year Net Flows: -399.37 M 5 Year Net Flows: -615.44 M 10 Year Net Flows: -87.98 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 4.91 MThe adjacent table gives investors an individual Realtime Rating for FEX on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Large Cap Blend Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers.
| FEX |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 3.35% | 4.02% | 3.43% |
| 3 Month Return | 4.05% | 3.23% | 1.57% |
| YTD Return | -10.23% | -8.89% | -9.08% |
| 1 Year Return | -6.81% | -5.94% | -6.78% |
| 3 Year Return | 34.42% | 17.85% | 11.53% |
| 5 Year Return | 51.80% | 22.75% | 14.95% |
The following charts reflect the geographic spread of FEX's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 100.08% |
| Country | Percentage |
|---|---|
| United States | 96.66% |
| Ireland | 1.2% |
| Switzerland | 1.09% |
| United Kingdom | 0.43% |
| Bermuda | 0.42% |
| Netherlands | 0.17% |
| Other | 0.11% |
The following charts reflect the allocation of FEX's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 17.9% |
| Electronic Technology | 11.07% |
| Energy Minerals | 7.55% |
| Process Industries | 6.88% |
| Utilities | 6.71% |
| Technology Services | 6.23% |
| Health Technology | 6.01% |
| Producer Manufacturing | 5.41% |
| Consumer Services | 5.15% |
| Retail Trade | 5.09% |
| Consumer Non-Durables | 4.55% |
| Consumer Durables | 3.18% |
| Transportation | 3.13% |
| Industrial Services | 2.89% |
| Health Services | 2.04% |
| Non-Energy Minerals | 1.99% |
| Distribution Services | 1.64% |
| Communications | 1.04% |
| Commercial Services | 0.96% |
| Miscellaneous | 0.66% |
| Market Cap | Percentage |
|---|---|
| Large | 93.3% |
| Mid | 6.6% |
| Micro | 0.0% |
| Small | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.97% |
| Open-ended Fund | 0.11% |
| Sector | Percentage |
|---|---|
| Finance | 17.9% |
| Electronic Technology | 11.07% |
| Energy Minerals | 7.55% |
| Process Industries | 6.88% |
| Utilities | 6.71% |
| Technology Services | 6.23% |
| Health Technology | 6.01% |
| Producer Manufacturing | 5.41% |
| Consumer Services | 5.15% |
| Retail Trade | 5.09% |
| Consumer Non-Durables | 4.55% |
| Consumer Durables | 3.18% |
| Transportation | 3.13% |
| Industrial Services | 2.89% |
| Health Services | 2.04% |
| Non-Energy Minerals | 1.99% |
| Distribution Services | 1.64% |
| Communications | 1.04% |
| Commercial Services | 0.96% |
| Miscellaneous | 0.66% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 151.71% |
| 20 Day Volatility | 24.51% |
| 50 Day Volatility | 25.26% |
| 200 Day Volatility | 22.88% |
| Beta | 1.13 |
| Standard Deviation | 4.77% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to...
At VettaFi we aim to keep our finger on the pulse of investing. Every year, we conduct over 300...
Former PIMCO portfolio manager Austin Graff has formed a new investment management company that...
ETF Trends and ETF Database , the preeminent digital platforms for ETF news, research, tools, video, webcasts, native content channels, and more. The ETF Trends and ETF Database brands have been trusted amongst advisors, institutional investors, and individual investors for a combined 25 years. The firms are uniquely positioned to aid advisor’s education, adoption, and usage of ETFs, as well as the asset management community’s transition from traditionally analog to digital interactions with the advisor community.
Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources.
ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
A long-running debate in asset allocation circles is how much of a portfolio an investor should...
In a digital age where information moves in milliseconds and millions of participants can transact...