Morningstar

First Trust Technology AlphaDEX® Fund FXL

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

Morningstar’s Analysis FXL

Will FXL outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

First Trust Technology AlphaDEX® ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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 16.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cognizant Technology Solutions Corp Class A

1.79 46M
Technology

PTC Inc

1.74 45M
Technology

EPAM Systems Inc

1.71 44M
Technology

Dell Technologies Inc Ordinary Shares - Class C

1.71 44M
Technology

Zoom Communications Inc

1.70 44M
Technology

Leidos Holdings Inc

1.67 43M
Technology

Amdocs Ltd

1.65 43M
Technology

Advanced Micro Devices Inc

1.52 39M
Technology

CrowdStrike Holdings Inc Class A

1.42 37M
Technology

Western Digital Corp

1.42 37M
Technology

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