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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 People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a 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 18.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Meta Platforms Inc Class A

1.88 23.6 Mil
Communication Services

AppLovin Corp Ordinary Shares - Class A

1.86 23.3 Mil
Technology

Pure Storage Inc Class A

1.84 23.1 Mil
Technology

Nutanix Inc Class A

1.84 23.1 Mil
Technology

Avnet Inc

1.81 22.7 Mil
Technology

Arrow Electronics Inc

1.81 22.6 Mil
Technology

Hewlett Packard Enterprise Co

1.80 22.6 Mil
Technology

IPG Photonics Corp

1.78 22.3 Mil
Technology

Vertiv Holdings Co Class A

1.77 22.2 Mil
Industrials

Cognizant Technology Solutions Corp Class A

1.77 22.1 Mil
Technology