First Trust Large Cap Core AlphaDEX ETF targets stocks with strong value and growth characteristics. While it bears some of the additional risk associated with these factors, it doesn’t have a strong structure in place to capture their expected outperformance. It earns a Morningstar Analyst Rating of Neutral.
Will FEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FEX’s parent organization’s priorities and whether they’re in line with investors’ interests.