(FXD) First Trust Consumer - Ratings and Ratios

The First Trust Consumer Discretionary AlphaDEX Fund, listed on the NYSE ARCA under the ticker symbol FXD, is designed to provide investors with exposure to a specific segment of the consumer discretionary sector. By investing at least 90% of its net assets in the securities that comprise the index, the fund aims to track the performance of the underlying index, which is a modified equal-dollar weighted index. This index is constructed using the AlphaDEX selection methodology, a proprietary approach that seeks to identify and select stocks from the Russell 1000 Index in the consumer discretionary sector that have the potential to generate positive alpha relative to traditional passive-style indices.

The AlphaDEX selection methodology is a rules-based approach that evaluates stocks based on various fundamental and quantitative criteria, such as price momentum, revenue growth, and return on assets. By applying this methodology, the index is able to identify stocks that may have a higher potential for outperforming the broader market. The fund's investment portfolio is then constructed to reflect the composition of the index, with the goal of delivering returns that are in line with the index's performance. As an exchange-traded fund (ETF), the First Trust Consumer Discretionary AlphaDEX Fund offers investors the benefits of diversification, liquidity, and transparency, making it a potential option for those seeking to gain exposure to the consumer discretionary sector.

The fund is part of the broader family of ETFs offered by First Trust, a US-based investment management firm with a range of products that cater to different investment objectives and risk profiles. With its listing on the NYSE ARCA and its registration with the US Securities and Exchange Commission, the fund is subject to the regulatory requirements and oversight of the US securities markets. The fund's ISIN code, US33734X1019, and its categorization as a consumer cyclical ETF, provide additional information about its investment characteristics and potential suitability for investors. For more information about the fund and its investment strategy, investors can visit the website of First Trust at http://www.ftportfolios.com/.