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Morningstar

First Trust Technology AlphaDEX® ETF FXL

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

Morningstar’s Analysis FXL

Will FXL 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 FXL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FXL 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 FXL’s parent organization’s priorities and whether they’re in line with investors’ interests.

First Trust Technology AlphaDEX ® ETF's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 FXL

More FXL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vertiv Holdings Co Class A

2.10 27.1 Mil
Industrials

AppLovin Corp Ordinary Shares - Class A

2.00 25.8 Mil
Technology

IAC Inc Ordinary Shares - New

1.90 24.6 Mil
Communication Services

Nutanix Inc Class A

1.86 24.0 Mil
Technology

Pure Storage Inc Class A

1.85 23.9 Mil
Technology

Avnet Inc

1.84 23.7 Mil
Technology

NVIDIA Corp

1.81 23.4 Mil
Technology

CrowdStrike Holdings Inc Class A

1.78 23.0 Mil
Technology

Arrow Electronics Inc

1.78 22.9 Mil
Technology

ON Semiconductor Corp

1.76 22.8 Mil
Technology