First Trust Financials AlphaDEX Fund (FXO)
First Trust Financials AlphaDEX Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $61.98, up 0.44% on the session, giving a market capitalisation of $2.25B. Its beta of 0.94 implies it has historically moved less than the broad market.
The fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
First Trust Financials AlphaDEX Fund is most often compared with the following Financial Services names: