Name of ETF: First Trust Technology AlphaDEX Fund

Benchmark Index: StrataQuant Technology Index

Ticker Symbol: FXL

Approximate Number of Holdings: 90

Types of Companies Included: The top companies from the U.S. technology sector 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: This ETF is diversified with no one company representing a significant percentage of the ETF.

Industries Represented: The industries with the most representation (largest weight) historically have been semiconductors and software industrieswith electronic equipment, instruments and components companies also having notable representation.

Related Links:

First Trust Website