NasdaqGM - Delayed Quote USD

First Trust Mid Cap Growth AlphaDEX Fund (FNY)

85.99 +1.58 (+1.87%)
At close: November 21 at 4:00 PM EST

ETF Summary

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select growth stocks from the NASDAQ US 600 Mid Cap Index TM (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX? selection methodology.

ETF Overview

Category Mid-Cap Growth
Fund Family First Trust Advisors L.P.
Net Assets 352.5M
YTD Daily Total Return 24.39%
Yield 0.46%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FNY Category Average
Annual Report Expense Ratio (net) 0.70% 1.07%
Holdings Turnover 134.00% 85.29%
Total Net Assets 7,758.25 7,758.25

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. MORNING_STAR_STYLE_BOX

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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