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Morningstar

First Trust Energy AlphaDEX® ETF FXN

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

Morningstar’s Analysis FXN

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

People Pillar

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

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

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 FXN

More FXN Holdings
  • Current Portfolio Date
  • Equity Holdings 40
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 40.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Southwestern Energy Co

4.43
28,154,548
Energy

EQT Corp

4.28
27,235,951
Energy

Coterra Energy Inc Ordinary Shares

4.20
26,680,889
Energy

Antero Resources Corp

4.14
26,325,646
Energy

HF Sinclair Corp

4.12
26,232,831
Energy

Chesapeake Energy Corp Ordinary Shares - New

4.09
25,984,934
Energy

Ovintiv Inc

4.02
25,573,028
Energy

Halliburton Co

4.02
25,566,974
Energy

Range Resources Corp

3.54
22,487,189
Energy

Diamondback Energy Inc

3.49
22,211,994
Energy