Name of ETF: First Trust Total US Market AlphaDEX ETF
Benchmark Index: NASDAQ AlphaDEX Total US Market Index
Ticker Symbol: TUSA
Approximate Number of Holdings: 1200
Types of Companies Included: The top companies from the NASDAQ US Large Cap Index, the NASDAQ US Mid Cap Index and the NASDAQ US Small 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: This ETF is diversified with no one company representing a significant percentage of the ETF.
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