(FTA) First Trust Large Cap Value - Ratings and Ratios

The First Trust Large Cap Value AlphaDEX® Fund (NASDAQ:FTA) is an exchange-traded fund (ETF) designed to provide exposure to large-cap value stocks in the U.S. market. The fund invests at least 90% of its net assets in securities that make up its underlying index, which is crafted using the AlphaDEX® selection methodology. This approach aims to identify value stocks with the potential to deliver positive alpha, or risk-adjusted returns, compared to traditional large-cap indices.

The AlphaDEX® methodology is a rules-based process that evaluates stocks based on factors such as price-to-book ratio, return on assets, and other value-oriented metrics. It seeks to outperform broader market indices by focusing on undervalued companies with strong fundamentals. The funds underlying index is derived from the NASDAQ US 500 Large Cap Index, ensuring it targets established, large-cap companies with the potential for long-term stability and growth.

With approximately $1.17 billion in assets under management (AUM), the fund offers a diversified portfolio of large-cap value stocks. It is listed on the NASDAQ exchange under the ticker symbol FTA. The funds expense ratio is competitive for its category, making it an attractive option for investors seeking cost-effective exposure to large-cap value equities. Additionally, its liquidity and trading volume ensure that investors can enter and exit positions with relative ease.

For investors and fund managers, the FTA ETF provides a systematic way to gain exposure to large-cap value stocks without the need for individual stock selection. Its focus on the AlphaDEX® methodology adds a layer of differentiation compared to traditional market-cap-weighted indices, potentially offering improved risk-adjusted returns over the long term. As with any investment, it’s important to evaluate the funds fees, tracking error, and historical performance relative to its benchmark and peers.

Visit http://www.ftportfolios.com/ for more detailed information on the funds holdings, performance, and investment strategy.