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Upturn AI SWOT - About
First Trust Multi Cap Value AlphaDEX® Fund (FAB)
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Upturn Advisory Summary
04/01/2025: FAB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit -10.92% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 6053 | Beta 1.07 | 52 Weeks Range 75.62 - 89.48 | Updated Date 04/2/2025 |
52 Weeks Range 75.62 - 89.48 | Updated Date 04/2/2025 |
Upturn AI SWOT
First Trust Multi Cap Value AlphaDEX® Fund
ETF Overview
Overview
The First Trust Multi Cap Value AlphaDEXu00ae Fund (FAB) seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuantu00ae Multi-Cap Value Index. The fund focuses on multi-cap value stocks selected and weighted by a proprietary methodology.
Reputation and Reliability
First Trust is a well-established ETF issuer with a generally positive reputation for its innovative AlphaDEXu00ae methodology.
Management Expertise
First Trust has extensive experience in managing quantitative ETFs using the AlphaDEXu00ae methodology.
Investment Objective
Goal
To track the performance of the StrataQuantu00ae Multi-Cap Value Index.
Investment Approach and Strategy
Strategy: Tracks the StrataQuantu00ae Multi-Cap Value Index, which uses a quantitative methodology to select and weight value stocks.
Composition Primarily composed of U.S. multi-cap value stocks.
Market Position
Market Share: Data Unavailable.
Total Net Assets (AUM): 2440000000
Competitors
Key Competitors
- IWD
- VTV
- IJJV
- VOE
Competitive Landscape
The multi-cap value ETF market is competitive. FAB's AlphaDEXu00ae methodology offers a differentiated approach to value investing. Compared to cap-weighted indexes, FAB may have higher turnover. The advantages of FAB are its quant-based approach, and the disadvantages include potentially higher expenses.
Financial Performance
Historical Performance: Historical performance data not explicitly provided, consult financial resources such as Morningstar.
Benchmark Comparison: Benchmark comparison data not explicitly provided, consult financial resources such as Morningstar.
Expense Ratio: 0.07
Liquidity
Average Trading Volume
The fund typically demonstrates adequate liquidity with a healthy average trading volume.
Bid-Ask Spread
The bid-ask spread can vary depending on market conditions.
Market Dynamics
Market Environment Factors
The fund's performance is influenced by macroeconomic factors, interest rates, and the overall health of the U.S. economy, as well as sector-specific trends within the value stock universe.
Growth Trajectory
The fund's growth depends on the success of its AlphaDEXu00ae methodology in identifying and weighting undervalued stocks. Strategy and holdings remain relatively consistent, driven by the quant model.
Moat and Competitive Advantages
Competitive Edge
FAB's competitive edge lies in its proprietary AlphaDEXu00ae methodology, which aims to select and weight stocks based on growth factors. This approach differentiates it from traditional market-cap-weighted value ETFs. The fund targets potentially undervalued companies, which can lead to outperformance. However, the model-driven nature means its performance is highly reliant on the model's effectiveness. The consistent application of the methodology is a key aspect of its competitive edge.
Risk Analysis
Volatility
Volatility of the ETF depends on market conditions and the volatility of its underlying holdings.
Market Risk
The fund is subject to market risk, including the risk of declines in the overall stock market and sector-specific risks associated with its holdings.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to a quantitatively selected portfolio of multi-cap value stocks may find this ETF suitable. It might appeal to those who prefer a rules-based approach to value investing.
Market Risk
FAB may be suitable for long-term investors seeking value exposure, but active traders may also find it useful for tactical allocation decisions.
Summary
The First Trust Multi Cap Value AlphaDEXu00ae Fund (FAB) provides exposure to multi-cap value stocks selected by a quantitative methodology. The fund aims to outperform traditional value indexes through its stock selection process. It's suitable for investors seeking a rules-based value strategy. Investors should consider the fund's expense ratio and potential for higher turnover relative to market-cap-weighted ETFs.
Similar Companies
IWD
iShares Russell 1000 Value ETF
IWD
iShares Russell 1000 Value ETF
RPV
Invesco S&P 500® Pure Value ETF
RPV
Invesco S&P 500® Pure Value ETF
VOE
Vanguard Mid-Cap Value Index Fund ETF Shares
VOE
Vanguard Mid-Cap Value Index Fund ETF Shares
VTV
Vanguard Value Index Fund ETF Shares
VTV
Vanguard Value Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- First Trust Website
- Morningstar
- ETF.com
- FactSet
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on your own research and consultation with a financial advisor. Market share data may not be available for all ETFs.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Multi Cap Value AlphaDEX® Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index TM, NASDAQ US 600 Mid Cap Index TM and NASDAQ US 700 Small Cap Index TM that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
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