Name of ETF: First Trust Consumer Discretionary AlphaDEX Fund
Benchmark Index: StrataQuant Consumer Discretionary Index
Ticker Symbol: FXD
Approximate Number of Holdings: 130
Types of Companies Included: The top consumer discretionary companies from the Russell 1000 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).
Industries Represented: The industry with the most representation (largest weight) historically has been the specialty retail industry, with household durables, media, hotels, restaurants & leisure companies also having notable representation.
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.
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