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Morningstar

First Trust Mid Cap Core AlphaDEX® ETF FNX

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis FNX

Will FNX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

First Trust Mid Cap Core AlphaDEX ® ETF’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FNX

More FNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Abercrombie & Fitch Co Class A

0.59 6.8 Mil
Consumer Cyclical

Sprouts Farmers Market Inc

0.48 5.5 Mil
Consumer Defensive

AppLovin Corp Ordinary Shares - Class A

0.47 5.4 Mil
Technology

Natera Inc

0.46 5.4 Mil
Healthcare

Carvana Co Class A

0.46 5.4 Mil
Consumer Cyclical

Apartment Income REIT Corp Class A

0.46 5.3 Mil
Real Estate

FTAI Aviation Ltd

0.46 5.3 Mil
Industrials

United Therapeutics Corp

0.45 5.2 Mil
Healthcare

Liberty Energy Inc Class A

0.44 5.1 Mil
Energy

EMCOR Group Inc

0.44 5.0 Mil
Industrials