FXL
First Trust Technology AlphaDEX Fund
First Trust Technology AlphaDEX Fund seeks investment results that correspond to the StrataQuant Technology AlphaDEX Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.3 B
ASSETS UNDER MGMT
61 bp
EXPENSES
Fund Basics
| Inception date | May 08, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VERTIV HOLDINGS CO. CLASS A | 2.6 % |
| MA-COM TECHNOLOGY SOLUTIONS | 2.4 % |
| APPLIED MATERIALS INC | 2.4 % |
| CLARIVATE PLC | 2.3 % |
| ARROW ELECTRONICS INC | 2.3 % |
| LAM RESEARCH CORP | 2.3 % |
| KLA CORPORATION | 2.1 % |
| CIRRUS LOGIC INC | 2.0 % |
| MICRON TECHNOLOGY INC | 1.9 % |
| AVNET INC | 1.8 % |
Constituent Breakdown
| Number of holdings | 103 |
| Herfindahl-Hirschman Index | 133 |
| Wgt avg mkt cap (mns) | $252,756 |
| Large cap (>$10bn) | 66.1% |
| Mid cap ($2-10bn) | 31.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.6 % |
 |
BRITAIN | 2.3 % |
 |
LUXEMBOURG | 1.0 % |
 |
SINGAPORE | 0.7 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.5% | 14.3% | 10.3% | 17.6% | 7.4% | 18.4% | -- | 11.9% |
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.2% | 0.2% | 0.4% | -- | 0.3% |
| Total Returns | -1.5% | 14.3% | 10.4% | 17.8% | 7.6% | 18.8% | -- | 12.2% | Ann. Volatility | 25.7% | 28.6% | 24.9% | 23.4% | 25.3% | 25.1% | -- | 24.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.36 | 84% |
| MSCI EAFE | 1.26 | 53% |
| MSCI Emg Mkts | 1.20 | 57% |
Liquidity Measures
| Avg. volume (000) | 14 |
| ADV traded (mns) | $2 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $166.92 |
| Relative strength (RSI) | 45 |
| MACD/Signal | -1.54/-1.49 |
| Bollinger Bands (Upper/Lower) | $170.63/$161.34 |
| Short interest (% of AUM) | 0.2% |
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. FXL |
Expenses vs. FXL |
ALTAR Score™ vs. FXL |
|---|---|---|---|---|
| RSPT | Invesco S&P 500 Equal Weight Technology ETF | 36.7% | -21 bp | -1.9% |
| IYW | iShares U.S. Technology ETF | 31.5% | -21 bp | -2.8% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 29.1% | -4 bp | -3.3% |
| IGM | iShares Expanded Tech Sector ETF | 28.6% | -20 bp | -3.3% |
| VGT | Vanguard Information Technology ETF | 27.5% | -52 bp | -2.8% |
| JVAL | JPMorgan U.S. Value Factor ETF | 26.8% | -49 bp | +0.7% |
| JMOM | JPMorgan U.S. Momentum Factor ETF | 26.5% | -49 bp | -2.9% |
| XLK | The Technology Select Sector SPDR Fund | 26.4% | -53 bp | -2.5% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 26.2% | -53 bp | -2.8% |
| FTXL | First Trust Nasdaq Semiconductor ETF | 25.8% | -1 bp | -3.7% |
Risk and Returns: FXL 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 3/11/2026
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.
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ETF Research Center Rating
7.3%
ALTAR SCORE™
80th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,188 funds in the US Equity category with an average
ALTAR Score™ of 5.6% and a standard deviation
of 2.1%. FXL's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places FXL in the 80th percentile
among funds in the category.
Sell-Side Consensus
$202.91
PRICE TARGET
+24.2%
UPSIDE