FDT
First Trust Developed Markets ex-US AlphaDEX Fund
First Trust Developed Markets ex-US AlphaDEX Fund seeks investment results that correspond to the Defined Developed Markets ex-US Index.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
773.4 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 18, 2011 |
| Assets (mns) | $773 |
| Expense ratio | 80 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| HYOSUNG HEAVY INDUSTRIES CORPORATION | 0.8 % |
| HYUNDAI MOTOR CO | 0.7 % |
| HOCHTIEF AG | 0.7 % |
| DAINIPPON SUMITOMO PHARMA CO | 0.7 % |
| SK SQUARE CO., LTD. | 0.7 % |
| CELESTICA INC | 0.7 % |
| HYUNDAI ROBOTICS CO., LTD. | 0.7 % |
| TAISEI CORP | 0.7 % |
| SUMITOMO ELECTRIC INDUSTRIES | 0.6 % |
| OCEANAGOLD CORPORATION | 0.6 % |
Constituent Breakdown
| Number of holdings | 313 |
| Herfindahl-Hirschman Index | 42 |
| Wgt avg mkt cap (mns) | $22,880 |
| Large cap (>$10bn) | 53.4% |
| Mid cap ($2-10bn) | 41.4% |
| Small cap (<$2bn) | 0.5% |
| Developed mkts. | 81.4% |
| Emerging mkts. | 14.6% |
Country Exposure
 |
JAPAN | 28.4 % |
 |
SOUTH KOREA | 13.1 % |
 |
CANADA | 10.8 % |
 |
BRITAIN | 6.9 % |
 |
HONG KONG | 6.6 % |
 |
GERMANY | 5.7 % |
 |
AUSTRALIA | 4.1 % |
 |
ITALY | 3.0 % |
 |
FRANCE | 2.3 % |
 |
SPAIN | 1.9 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 45.5% | 39.5% | 24.0% | 17.2% | 7.7% | 5.1% | -- | 3.2% |
| Dividend Yield | 3.2% | 5.1% | 4.9% | 4.3% | 4.0% | 3.0% | -- | 2.6% |
| Total Returns | 48.6% | 44.5% | 28.9% | 21.5% | 11.7% | 8.1% | -- | 5.7% | Ann. Volatility | 17.4% | 16.9% | 16.2% | 15.9% | 17.4% | 18.2% | -- | 18.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.64 | 55% |
| MSCI EAFE | 0.93 | 84% |
| MSCI Emg Mkts | 0.77 | 65% |
Liquidity Measures
| Avg. volume (000) | 71 |
| ADV traded (mns) | $6 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.43% |
Technical Indicators
| 30d moving avg. (EMA) | $77.19 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 0.62/0.45 |
| Bollinger Bands (Upper/Lower) | $79.72/$75.20 |
| Short interest (% of AUM) | 0.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDT |
Expenses vs. FDT |
ALTAR Score™ vs. FDT |
|---|---|---|---|---|
| FEP | First Trust Europe AlphaDEX Fund | 28.3% | 0 bp | +7.8% |
| FPA | First Trust Asia Pacific ex-Japan AlphaDEX Fund | 25.8% | 0 bp | +9.2% |
| FJP | First Trust Japan AlphaDEX Fund | 24.2% | 0 bp | +8.0% |
| UIVM | VictoryShares International Value Momentum ETF | 22.1% | -45 bp | +8.4% |
| JPIN | J.P. Morgan Diversified Return International Equity ETF | 21.8% | -43 bp | +7.8% |
| FNDF | Schwab Fundamental International Large Co. Index ETF | 20.4% | -55 bp | +9.0% |
| PXF | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 19.5% | -35 bp | +8.4% |
| DEEF | Xtrackers FTSE Developed ex US Multifactor ETF | 18.6% | -56 bp | +7.1% |
| IVLU | iShares MSCI Intl Value Factor ETF | 18.3% | -50 bp | +9.6% |
| DFIV | Dimensional International Value ETF | 16.7% | -53 bp | +9.0% |
Risk and Returns: FDT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/7/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
FDT
8.3%
Cat. Avg
6.8%
ALTAR Score™ Calculation
Category Overview
There are 271 funds in the International Equity category, with an average ALTAR Score™
of 6.8% and a standard deviation of
1.8%. FDT's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places FDT in the 80th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDTSELL
U/W
HOLD
O/W
BUY