Name of ETF: First Trust Developed Markets Ex-US AlphaDEX Fund
Benchmark Index: Defined Developed Markets Ex-US Index
Ticker Symbol: FDT
Approximate Number of Holdings: 300
Types of Companies Included: The top 300 companies from developed countries that meet specific fundamental criteria. Companies from the United States and emerging market economies are excluded from this ETF.
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).
Country Weightings: The country with the most representation within this ETF (largest weight) is Japan which represents a significant percentage of this ETF. The United Kingdom, South Korea and Hong Kong also have notable representation.
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.
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