(FNX) First Trust Mid Cap Core - Ratings and Ratios

The First Trust Mid Cap Core AlphaDEX® Fund (NASDAQ: FNX) is an ETF that primarily invests at least 90% of its net assets in securities from its underlying index. This index employs the AlphaDEX® selection methodology to identify stocks from the NASDAQ US 600 Mid Cap Index, aiming to generate positive alpha through risk-adjusted returns.

FNX is listed on the NASDAQ and falls under the Mid-Cap Blend ETF category. It focuses on mid-cap companies, which are established firms with growth potential, balancing stability and expansion. The funds market capitalization or assets under management (AUM) exceeds $1.26 billion, indicating significant size and liquidity.

The AlphaDEX methodology goes beyond traditional market cap weighting, incorporating factors like price momentum, revenue growth, and other metrics to select stocks. This systematic approach reduces emotional bias and emphasizes data-driven decisions. While specific financial ratios like P/E or P/B arent highlighted, the funds strategy is designed for disciplined, systematic investment in the mid-cap sector.