Name of ETF: First Trust Large Cap Value AlphaDEX Fund

Benchmark Index: NASDAQ AlphaDEX Large Cap Value Index

Ticker Symbol: FTA

Approximate Number of Holdings: 190

Types of Companies Included: The top companies from the NASDAQ AlphaDEX Large Cap Value 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: While not equally weighted, this ETF is diversified with no one company representing a significant percentage of the ETF.

Related Links:

First Trust Website