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Morningstar

First Trust Brazil AlphaDEX® ETF FBZ

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

Morningstar’s Analysis FBZ

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

  • People Pillar

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

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

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
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Portfolio Holdings FBZ

More FBZ Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Embraer SA

4.72 293,766
Industrials

Cia Energetica DE Minas Gerais - Cemig Participating Preferred

3.81 237,142
Utilities

Petroleo Brasileiro SA Petrobras Participating Preferred

3.76 233,733
Energy

Metalurgica Gerdau SA Participating Preferred

3.45 214,952
Basic Materials

Ultrapar Participacoes SA

3.38 210,530
Energy

Inter & Co Inc Ordinary Shares - Class A

3.36 209,150
Financial Services

BRF SA

3.35 208,491
Consumer Defensive

Gerdau SA Participating Preferred

3.34 207,833
Basic Materials

StoneCo Ltd Class A

3.04 189,043
Technology

Suzano SA

2.93 182,630
Basic Materials