This ETF offers exposure to the U.S. financial sector, seeking to replicate an index that employs a unique strategy designed to generate excess returns relative to traditional cap-weighted benchmarks. The underlying AlphaDEX Index employs a quant-based screening methodology designed to identify stocks poised for outperformance. In return for exposure to this strategy, which has historically delivered impressive returns, investors can expect to pay a bit more; FXO’s expense ratio is about 50 basis points higher than low cost options for financial exposure such as FFL and XLF. The unique index construction methodology has some other potential advantages; FXO maintains much lower concentration of top holdings than do cap-weighted funds such as XLF. That means that performance isn’t as dependent on a handful of large cap stocks, potentially giving a better way to access financials. For those who believe in the merits of the AlphaDEX methodology and willing to pay a little extra for a shot at alpha, FXO might be worth a closer look.
| Segment | Equity: U.S. Financials |
| Category | Sector |
| Focus | Financials |
| Niche | Broad-based |
| Strategy | Multi-factor |
| Weighting Scheme | Tiered |
This section compares how balanced and deep this ETF is relative to its peers.
| FXO | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 102 | 89 | 136 |
| % of Assets in Top 10 | 18.42% | 48.18% | 39.98% |
| % of Assets in Top 15 | 26.62% | 59.71% | 49.48% |
| % of Assets in Top 50 | 69.79% | 89.67% | 84.28% |
| FXO | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 39.63% | 53.27% | 58.71% |
| Mid (>2.7B) | 58.37% | 24.22% | 20.93% |
| Small (>600M) | 1.00% | 13.69% | 13.32% |
| Micro (<600M) | 0.00% | 2.96% | 2.11% |
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.
| FXO | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.37 | $ 0.49 | $ 0.34 |
| Dividend Date | 2023-09-22 | N/A | N/A |
| Annual Dividend Rate | $ 1.28 | $ 1.49 | $ 1.47 |
| Annual Dividend Yield | 3.42% | 3.89% | 3.68% |
View charts featuring FXO price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -5.72 M 1 Month Net Flows: -45.01 M 3 Month Net Flows: -121.56 M 6 Month Net Flows: -371.3 M 1 Year Net Flows: -94.63 M 3 Year Net Flows: 307.2 M 5 Year Net Flows: 14.28 M 10 Year Net Flows: 468.64 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -40.52 MThe adjacent table gives investors an individual Realtime Rating for FXO 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 Financials 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. Returns over 1 year are annualized.
| FXO |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -1.05% | -0.82% | -1.05% |
| 3 Month Return | 2.70% | 2.07% | 1.91% |
| YTD Return | -5.45% | 0.74% | -0.67% |
| 1 Year Return | 3.50% | 5.04% | 4.94% |
| 3 Year Return | 18.32% | 11.91% | 8.78% |
| 5 Year Return | 6.21% | 2.62% | 2.60% |
The following charts reflect the geographic spread of FXO's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 100.01% |
| Other | 0.0% |
| Country | Percentage |
|---|---|
| United States | 90.62% |
| Bermuda | 3.22% |
| United Kingdom | 1.84% |
| Puerto Rico | 1.67% |
| Other | 1.0% |
| Brazil | 0.93% |
| Switzerland | 0.73% |
The following charts reflect the allocation of FXO's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 96.16% |
| Technology Services | 1.65% |
| Commercial Services | 1.2% |
| Miscellaneous | 1.0% |
| CASH | 0.0% |
| Market Cap | Percentage |
|---|---|
| Mid | 58.37% |
| Large | 39.63% |
| Small | 1.0% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.01% |
| Open-ended Fund | 1.0% |
| CASH | 0.0% |
| Sector | Percentage |
|---|---|
| Finance | 96.16% |
| Technology Services | 1.65% |
| Commercial Services | 1.2% |
| Miscellaneous | 1.0% |
| CASH | 0.0% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 232.86% |
| 20 Day Volatility | 15.77% |
| 50 Day Volatility | 16.00% |
| 200 Day Volatility | 19.80% |
| Beta | 1.11 |
| Standard Deviation | 2.83% |
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.
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