First Trust Energy AlphaDEX Fund·Financial Services

Designed to provide broad exposure to the Energy ETFs category of the market, the First Trust Energy AlphaDEX ETF (FXN) is a smart beta exchange traded fund launched on 05/08/2007.

Launched on May 8, 2007, the First Trust Energy AlphaDEX ETF (FXN) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Broad segment of the equity market.

I am increasing exposure to First Trust Energy AlphaDEX Fund ETF to protect against an oil and gas supply shock amid U.S.-Iran tensions. FXN offers up-to-mid stream oil and gas sector exposure with a rules-based quant strategy, marginally outperforming XOP in Sharpe and Sortino ratios since 2016. Historical performance suggests that FXN is best used as a capital appreciation play during regime-based trends, not as a long-term hold or income vehicle due to its cyclical nature.

A smart beta exchange traded fund, the First Trust Energy AlphaDEX ETF (FXN) debuted on 05/08/2007, and offers broad exposure to the Energy ETFs category of the market.

The First Trust Energy AlphaDEX ETF (FXN) was launched on May 8, 2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy - Broad segment of the equity market.
The First Trust Energy AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Energy Index
Financial Services
Asset Management
2007-05-10
0.24
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