Name of ETF: First Trust Large Cap Growth AlphaDEX Fund

Benchmark Index: NASDAQ AlphaDEX® Large Cap Growth Index

Ticker Symbol: FTC

Approximate Number of Holdings: 180

Types of Companies Included: The top companies from the NASDAQ US 500 Large Cap Index 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).

Individual Company Weight:  The top stocks based on the selection score are added and divided into quintiles based on their ranking. The higher rated quintiles are weighted higher than lower rated quintiles (although stocks within each quintile are equally weighted).

Rebalancing: Quarterly

Related Links:

First Trust Website