FTA
First Trust Large Cap Value AlphaDEX Fund
First Trust Large Cap Value Opportunities AlphaDEX Fund seeks investment results that correspond to the Defined Large Cap Value Opportunities Index.
Fund Basics
Fund sponsor | First Trust Advisors LP |
Category | US Equities |
Asset class | Equity |
Website | link... |
Inception date | May 08, 2007 |
Assets (mns) | $1,242 |
Expense ratio | 59 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 +
MARATHON PETROLEUM | 1.2 % |
VALERO ENERGY CORP | 1.1 % |
DIAMONDBACK ENERGY INC | 1.1 % |
STEEL DYNAMICS INC | 1.0 % |
GENERAL MOTORS CO | 1.0 % |
PHILLIPS 66 | 1.0 % |
RELIANCE STEEL & ALUMINUM | 1.0 % |
BERKSHIRE HATHAWAY INC-CL B | 1.0 % |
CINCINNATI FINANCIAL CORP | 1.0 % |
EXXON MOBIL CORP | 1.0 % |
Constituent Breakdown
Number of holdings | 188 |
Herfindahl-Hirschman Index | 67 |
Wgt avg mkt cap (mns) | $67,650 |
Large cap (>$10bn) | 100.0% |
Mid cap ($2-10bn) | 0.0% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 95.2 % | |
IRELAND | 1.6 % | |
SWITZERLAND | 1.3 % | |
BERMUDA | 0.9 % | |
BRITAIN | 0.7 % |
Historical Performance
Standardized Annual Returns (as of 02/29/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
0.0% | 5.7% | 3.8% | 8.8% | 8.8% | 7.9% | 7.3% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.94 | 75% |
MSCI EAFE | 1.00 | 79% |
MSCI Emg Mkts | 0.70 | 42% |
Liquidity Measures
Avg. volume (000) | 52 |
Turnover | 0.3% |
Avg. Bid/Ask (% of price) | 0.05% |
ADV of underlying (mns) | $67,611 |
Technical Indicators
Recent close | $76.38 |
30d moving avg. | $66.80 |
Annualized volatility | 19.3% |
Relative strength (RSI) | 72 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 2.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. FTA |
Expenses vs. FTA |
ALTAR Score™ vs. FTA |
---|---|---|---|---|
FEX | First Trust Large Cap Core AlphaDEX Fund | 52.4% | 0 bp | -2.6% |
FAB | First Trust Multi Cap Value AlphaDEX Fund | 51.0% | +8 bp | +1.0% |
DFLV | Dimensional US Large Cap Value ETF | 43.5% | -37 bp | -0.4% |
SPVM | Invesco S&P 500 Value with Momentum ETF | 42.7% | -20 bp | +0.1% |
IMCV | iShares Morningstar Mid-Cap Value ETF | 42.4% | -53 bp | -0.2% |
VOE | Vanguard Mid-Cap Value ETF | 39.4% | -52 bp | -0.8% |
ULVM | VictoryShares US Value Momentum ETF | 37.9% | -39 bp | -0.7% |
CDC | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | 37.8% | -21 bp | +0.2% |
CDL | VictoryShares US Large Cap High Dividend Volatility Wtd ETF | 37.8% | -24 bp | +0.2% |
STXV | Strive 1000 Value ETF | 37.8% | -41 bp | -0.3% |
Risk and Returns: FTA 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.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
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 3/28/2024
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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
FTA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
FTA
7.9%
Cat. Avg
5.6%
Fund Category: US Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 7.9% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 882 funds in the US Equities category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.7%. FTA's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places FTA in the 80th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
FTA
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
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Today's Trading
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Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
FTA | 59.0 | 5.0 | 64 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .