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
$ 2.5 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 +
| COGNIZANT TECH SOLUTIONS-A | 1.9 % |
| EPAM SYSTEMS INC | 1.9 % |
| PTC INC. | 1.8 % |
| ZOOM VIDEO COMMUNICATIONS, INC. CLASS A | 1.8 % |
| AMDOCS LTD | 1.8 % |
| SAIC INC | 1.7 % |
| ADOBE SYSTEMS INC | 1.6 % |
| DELL TECHNOLOGIES INC CLASS C | 1.5 % |
| ADVANCED MICRO DEVICES | 1.4 % |
| CROWDSTRIKE HOLDINGS, INC. CLASS A | 1.4 % |
Constituent Breakdown
| Number of holdings | 111 |
| Herfindahl-Hirschman Index | 109 |
| Wgt avg mkt cap (mns) | $226,078 |
| Large cap (>$10bn) | 80.2% |
| Mid cap ($2-10bn) | 19.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.7 % |
 |
AUSTRALIA | 1.0 % |
 |
CAYMAN ISLANDS | 0.9 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 29.1% | 38.0% | 26.3% | 23.6% | 11.8% | 20.7% | -- | 13.3% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.2% | 0.2% | 0.3% | -- | 0.3% |
| Total Returns | 29.1% | 38.1% | 26.3% | 23.8% | 12.1% | 21.1% | -- | 13.6% | Ann. Volatility | 28.2% | 24.4% | 26.7% | 24.5% | 25.6% | 25.4% | -- | 24.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.65 | 69% |
| MSCI EAFE | 0.96 | 36% |
| MSCI Emg Mkts | 0.80 | 55% |
Liquidity Measures
| Avg. volume (000) | 83 |
| ADV traded (mns) | $17 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $205.29 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -1.72/0.00 |
| Bollinger Bands (Upper/Lower) | $217.97/$196.80 |
| 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 | 35.7% | -21 bp | -1.8% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 31.1% | -4 bp | -3.1% |
| PSAI | Pacer S&P 500 3AI TOP 100 ETF | 30.7% | -1 bp | -0.8% |
| IYW | iShares U.S. Technology ETF | 29.7% | -21 bp | -2.3% |
| JQUA | JPMorgan U.S. Quality Factor ETF | 27.5% | -49 bp | -0.5% |
| WTAI | WisdomTree Artificial Intelligence and Innovation Fund | 27.3% | -16 bp | -3.8% |
| JMOM | JPMorgan U.S. Momentum Factor ETF | 27.3% | -49 bp | -2.2% |
| JVAL | JPMorgan U.S. Value Factor ETF | 27.0% | -49 bp | +1.0% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 26.9% | -53 bp | -2.3% |
| XLK | Technology Select Sector SPDR | 26.8% | -53 bp | -2.2% |
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 7/23/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
6.2%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,398 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. FXL's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places FXL in the 66th percentile
among funds in the category.
Sell-Side Consensus
$218.89
PRICE TARGET
+9.2%
UPSIDE