(FNX) Mid Cap Core AlphaDEX Fund - Overview
Etf: Mid-Cap Equities, US Stocks, Index-Based, Alpha-Seeking
Dividends
| Dividend Yield | 0.92% |
| Yield on Cost 5y | 1.27% |
| Yield CAGR 5y | 3.54% |
| Payout Consistency | 96.2% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 17.1% |
| Relative Tail Risk | -2.16% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.57 |
| Alpha | -0.56 |
| Character TTM | |
|---|---|
| Beta | 0.986 |
| Beta Downside | 1.004 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.97% |
| CAGR/Max DD | 0.57 |
Description: FNX Mid Cap Core AlphaDEX Fund January 19, 2026
The First Trust Mid-Cap Core AlphaDEX® Fund (FNX) aims to hold at least 90 % of its net assets-incl. any investment borrowings-in the stocks that compose its proprietary AlphaDEX index, which screens the NASDAQ US 600 Mid-Cap Index for securities expected to deliver positive alpha on a risk-adjusted basis.
As of the latest filing, FNX carries an expense ratio of roughly 0.35 % and manages about $1.4 billion in assets, with a turnover rate near 45 % annually. Its top holdings are concentrated in technology (≈30 % of assets) and industrials (≈20 %), sectors that tend to benefit from the current U.S. GDP growth outlook and modestly rising interest-rate environments that favor mid-cap earnings expansion.
For a deeper quantitative breakdown, you may find ValueRay’s analytics platform a useful next step to evaluate FNX’s risk-return profile.
What is the price of FNX shares?
Over the past week, the price has changed by +3.16%, over one month by +4.42%, over three months by +11.22% and over the past year by +15.80%.
Is FNX a buy, sell or hold?
What are the forecasts/targets for the FNX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 154.1 | 12% |
FNX Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.25b USD (1.25b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.25b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.25b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.55% (E(1.25b)/V(1.25b) * Re(9.55%) + (debt-free company))
Discount Rate = 9.55% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)