Name of ETF: First Trust Hong Kong AlphaDEX ETF
Benchmark Index: Defined Hong Kong Index
Ticker Symbol: FHK
Approximate Number of Holdings: 40
Types of Companies Included: The top companies from Hong Kong that meet specific fundamental criteria.
Fundamentals Used:
- Growth Criteria: Sales-to-price ratio, sales growth over the previous 12 months and general price appreciation the company has experienced over three, six and 12 month periods.
- Value Criteria: Book value-to-price, cash flow-to-price and return on assets (ROA).
Sector Weightings: The sector with the most representation (largest weight) has historically been the financial sector which represents a significant percentage of this ETF.
Individual Company Weight: The top ten stocks represent a significant percentage of the ETF.
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