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FAD

First Trust Multi Cap Growth AlphaDEX® Fund (FAD)

$130.15

Delayed price

PASS

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SELL Advisory (Profit)
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Profit
Loss
Pass (Skip investing)

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ALL
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Upturn Advisory Summary

04/01/2025: FAD (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

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF

Historic Profit -0.53%

Avg. Invested days 48

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

2.0

ETF Returns Performance

1.0

Profits based on simulation

Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 5846	Beta 1.16	52 Weeks Range 113.91 - 150.05	Updated Date 04/2/2025
52 Weeks Range 113.91 - 150.05	Updated Date 04/2/2025

Upturn AI SWOT

First Trust Multi Cap Growth AlphaDEX® Fund

ETF Overview

Overview

The First Trust Multi Cap Growth AlphaDEXu00ae Fund (FAD) seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEXu00ae Multi Cap Growth Index. It focuses on growth stocks of multi-cap companies, utilizing a quantitative selection methodology.

Reputation and Reliability

First Trust is a well-established ETF provider known for its innovative and actively managed ETFs.

Management Expertise

First Trust has a dedicated team of investment professionals with experience in quantitative analysis and ETF management.

Investment Objective

Goal

To replicate the price and yield performance of the NASDAQ AlphaDEXu00ae Multi Cap Growth Index.

Investment Approach and Strategy

Strategy: This ETF does not track a traditional market-cap weighted index. It utilizes a smart beta approach, selecting stocks based on growth factors.

Composition Primarily holds U.S. equities focused on growth characteristics across the multi-cap space.

Market Position

Market Share: FAD's market share is moderate within the multi-cap growth ETF segment.

Total Net Assets (AUM): 1680000000

Competitors

Key Competitors

IJK
VOT
JHML

Competitive Landscape

The multi-cap growth ETF space is fairly competitive. FAD's AlphaDEX methodology differentiates it, but it faces competition from traditional index trackers with lower expense ratios. A potential disadvantage is its higher expense ratio compared to passively managed funds.

Financial Performance

Historical Performance: Historical performance data is unavailable due to security policies that restrict access to certain financial data and APIs.

Benchmark Comparison: Benchmark comparison is unavailable due to security policies that restrict access to certain financial data and APIs.

Expense Ratio: 0.7

Liquidity

Average Trading Volume

FAD exhibits average liquidity with moderate trading volume, ensuring relatively easy execution of trades.

Bid-Ask Spread

The bid-ask spread is typically reasonable, indicating relatively low transaction costs.

Market Dynamics

Market Environment Factors

Economic growth, interest rate changes, and investor sentiment towards growth stocks all impact FAD's performance.

Growth Trajectory

FAD's growth trajectory depends on the performance of its underlying holdings and the continued relevance of its AlphaDEX selection methodology.

Moat and Competitive Advantages

Competitive Edge

FADu2019s competitive edge is its proprietary AlphaDEX methodology, which aims to select growth stocks with strong fundamentals. This quantitative approach provides a structured way to identify potentially undervalued companies. The fund's methodology also rebalances and reconstitutes regularly, adapting to changing market conditions. Furthermore, First Trust's established reputation and distribution network support its position in the ETF market.

Risk Analysis

Volatility

FAD's volatility is expected to be moderate to high due to its focus on growth stocks.

Market Risk

Market risk is a primary concern, as FAD's performance is linked to the overall stock market and sector-specific trends.

Investor Profile

Ideal Investor Profile

The ideal investor for FAD is one seeking growth potential within multi-cap stocks and comfortable with moderate to high volatility.

Market Risk

FAD may be suitable for long-term investors with a growth-oriented investment strategy, and those willing to accept higher risk.

Summary

The First Trust Multi Cap Growth AlphaDEXu00ae Fund (FAD) offers exposure to multi-cap growth stocks through a unique quantitative methodology. Its AlphaDEX selection process aims to identify companies with strong growth potential. The fund appeals to investors seeking growth, but it comes with a slightly higher expense ratio and potential volatility. While its returns are closely tied to the overall market, its innovative selection process may lead to outperformance or underperformance. Its moderately high expense ratio should also be considered.

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PASS

Sources and Disclaimers

Data Sources:

First Trust Website
ETF.com
Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and professional advice.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About First Trust Multi Cap Growth 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 growth 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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Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.