Name of ETF: First Trust Japan AlphaDEX Fund
Benchmark Index: Defined Japan Index
Ticker Symbol: FJP
Approximate Number of Holdings: 100
Types of Companies Included: The top companies from Japan that meet specific fundamental criteria.
- 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 sectors with the most representation (largest weight) have historically been the consumer discretionary, materials, industrial and information technology sectors.
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.