Key stats
About FIRST TRUST ALPHADEX U S INDUSTRIAL UNITS
Expense ratio
0.79%
Home page
Inception date
Dec 8, 2017
ISIN
CA33732Q2071
The fund uses a quant-based model to select industrial stocks it believes will outperform the broad industrials sector. The funds tiered equal-weighting scheme tilts the fund toward mid-cap companies. Aside from considerably less exposure to some of the segment giants, FHG also has pronounced sector bets. Overall, the fund offers a smart beta approach to the US industrials space, instead of providing market-like exposure. The index is reconstituted and rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Transportation
Stock breakdown by region