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
$ 1.5 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 +
| CLARIVATE PLC | 3.1 % |
| MARVELL TECHNOLOGY, INC. | 2.1 % |
| MICRON TECHNOLOGY INC | 2.0 % |
| MONOLITHIC POWER SYSTEMS INC | 2.0 % |
| LAM RESEARCH CORP | 2.0 % |
| KLA CORPORATION | 1.9 % |
| VERTIV HOLDINGS CO. CLASS A | 1.9 % |
| MA-COM TECHNOLOGY SOLUTIONS | 1.8 % |
| JABIL CIRCUIT INC | 1.8 % |
| DELL TECHNOLOGIES INC CLASS C | 1.7 % |
Constituent Breakdown
| Number of holdings | 104 |
| Herfindahl-Hirschman Index | 128 |
| 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. | 96.4% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.1 % |
 |
BRITAIN | 3.1 % |
 |
LUXEMBOURG | 1.5 % |
 |
SINGAPORE | 0.7 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -5.6% | 20.1% | 8.6% | 14.7% | 6.9% | 17.0% | -- | 11.6% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.2% | 0.2% | 0.3% | -- | 0.3% |
| Total Returns | -5.6% | 20.1% | 8.6% | 14.9% | 7.1% | 17.4% | -- | 11.9% | Ann. Volatility | 26.3% | 28.0% | 25.3% | 23.5% | 25.0% | 25.1% | -- | 24.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.35 | 84% |
| MSCI EAFE | 1.14 | 52% |
| MSCI Emg Mkts | 1.02 | 54% |
Liquidity Measures
| Avg. volume (000) | 20 |
| ADV traded (mns) | $4 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $167.12 |
| Relative strength (RSI) | 62 |
| MACD/Signal | 3.51/1.44 |
| Bollinger Bands (Upper/Lower) | $179.60/$151.47 |
| Short interest (% of AUM) | 0.2% |
Distributions
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 | 36.9% | -21 bp | -1.6% |
| IYW | iShares U.S. Technology ETF | 29.3% | -21 bp | -2.3% |
| IGM | iShares Expanded Tech Sector ETF | 26.8% | -20 bp | -2.9% |
| JVAL | JPMorgan U.S. Value Factor ETF | 26.5% | -49 bp | +1.1% |
| VGT | Vanguard Information Technology ETF | 26.0% | -52 bp | +27.6% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 25.8% | -4 bp | -2.9% |
| COWG | Pacer US Large Cap Cash Cows Growth Leaders ETF | 25.3% | -12 bp | -1.0% |
| FTXL | First Trust Nasdaq Semiconductor ETF | 25.2% | -1 bp | -3.8% |
| QTUM | Defiance Quantum ETF | 24.6% | -21 bp | -1.9% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 23.8% | -53 bp | -2.4% |
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 4/23/2026
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
6.5%
ALTAR SCORE™
69th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,199 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. FXL's ALTAR Score™ is approximately 0.5 standard
deviations above the category average. This places FXL in the 69th percentile
among funds in the category.
Sell-Side Consensus
$201.69
PRICE TARGET
+9.1%
UPSIDE