FXH - First Trust Health Care AlphaDEX Fund
| Assets | $1.44B |
| NAV | $113.68 |
| Expense Ratio | 0.61% |
| PE Ratio | 24.21 |
| Beta (5Y) | 0.87 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | Jun 21, 2013 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $115.27 |
| Previous Close | $113.70 |
| Change ($) | 1.57 |
| Change (%) | 1.38% |
| Day's Open | 113.68 |
| Day's Range | 113.68 - 115.30 |
| Day's Volume | 27,299 |
| 52-Week Range | 81.49 - 115.30 |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant® Health Care Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by IDI to objectively identify and select stocks from the Russell 1000® Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
| Asset Class Equity | Sector Biotech |
| Region North America | Inception Date May 8, 2007 |
| Exchange NYSEARCA | Ticker Symbol FXH |
| Index Tracked StrataQuant Health Care Index | |
The fund FXH has hit a 52-week high on May 28. Can it rally further?
The U.S. labor market has been in great shape defying slowdown worries. Unemployment rate fell to a fresh 49-year low in April.
For the First Trust Health Care AlphaDEX Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $85.29 per unit.
For the First Trust Health Care AlphaDEX Fund ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $85.17 per unit.