(FEX) First Trust Large Cap Core - Ratings and Ratios

The First Trust Large Cap Core AlphaDEX® Fund (NASDAQ:FEX) is designed for investors seeking exposure to large-cap U.S. equities with a twist of active quant-driven selection. The fund typically allocates at least 90% of its net assets to securities within its underlying index, which is crafted using the AlphaDEX® methodology. This approach filters stocks from the NASDAQ US 500 Large Cap Index, aiming to identify those with the potential to deliver higher risk-adjusted returns compared to traditional market-cap weighted indices.

With over $1.33 billion in assets under management, FEX operates as an ETF listed on the NASDAQ exchange, falling under the Large Blend category. The funds strategy emphasizes a quantitative model that evaluates factors such as price momentum, revenue growth, and other fundamental metrics to select securities. This methodology is intended to enhance alpha generation, making it a consideration for investors and fund managers looking for a more refined approach to large-cap equity exposure.