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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 cost advantage over competitors, priced within the second-lowest 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 17.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cognizant Technology Solutions Corp Class A

1.84 24.2 Mil
Technology

Concentrix Corp Ordinary Shares

1.80 23.7 Mil
Technology

Palantir Technologies Inc Ordinary Shares - Class A

1.80 23.6 Mil
Technology

GoDaddy Inc Class A

1.75 23.0 Mil
Technology

Avnet Inc

1.72 22.6 Mil
Technology

HashiCorp Inc Ordinary Shares Class A

1.70 22.4 Mil
Technology

Arrow Electronics Inc

1.70 22.4 Mil
Technology

ON Semiconductor Corp

1.68 22.1 Mil
Technology

Toast Inc Class A

1.66 21.8 Mil
Technology

Broadcom Inc

1.59 20.9 Mil
Technology