First Trust Financials AlphaDEX Fund (FXO)
| Assets | $2.25B |
| Expense Ratio | 0.62% |
| PE Ratio | 12.23 |
| Shares Out | 40.00M |
| Dividend (ttm) | $1.07 |
| Dividend Yield | 1.96% |
| Ex-Dividend Date | Dec 13, 2024 |
| Payout Ratio | 23.91% |
| 1-Year Return | +23.92% |
| Volume | 44,294 |
| Open | 55.80 |
| Previous Close | 55.65 |
| Day's Range | 54.46 - 55.80 |
| 52-Week Low | 43.77 |
| 52-Week High | 59.36 |
| Beta | 1.17 |
| Holdings | 105 |
| Inception Date | May 8, 2007 |
About FXO
Fund Home PageThe First Trust Financials AlphaDEX Fund (FXO) is an exchange-traded fund that is based on the StrataQuant Financials index. The fund tracks an index of large- and mid-cap US financials stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXO was launched on May 8, 2007 and is issued by First Trust.
Top 10 Holdings
17.13% of assets| Name | Symbol | Weight |
|---|---|---|
| LPL Financial Holdings Inc. | LPLA | 1.89% |
| The Goldman Sachs Group, Inc. | GS | 1.82% |
| Markel Group Inc. | MKL | 1.74% |
| Morgan Stanley | MS | 1.74% |
| Berkshire Hathaway Inc. | BRK.B | 1.73% |
| MGIC Investment Corporation | MTG | 1.67% |
| Assured Guaranty Ltd. | AGO | 1.64% |
| Lazard, Inc. | LAZ | 1.64% |
| SoFi Technologies, Inc. | SOFI | 1.64% |
| Blue Owl Capital Inc. | OWL | 1.61% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.3513 | Dec 31, 2024 |
| Sep 26, 2024 | $0.278 | Sep 30, 2024 |
| Jun 27, 2024 | $0.2773 | Jun 28, 2024 |
| Mar 21, 2024 | $0.159 | Mar 28, 2024 |
| Dec 22, 2023 | $0.380 | Dec 29, 2023 |
| Sep 22, 2023 | $0.3702 | Sep 29, 2023 |
News
FXO: A Curated Financials Sector Fund
The financial sector has underperformed since the Great Financial Crisis, but may have promise due to value outperforming growth in the future. First Trust Financials AlphaDEX® Fund is a quantitativel...
FXO: Leverage The Equal-Weighted Strategy Amid Low Consumer Sentiment
First Trust Financials AlphaDEX Fund ETF demonstrates strong long-term performance, with a total return of 55% in the past 3 years and 33% in the past 5 years. The fund suffers from higher volatility,...
Regional Banking Concerns Produce Financial Services ETF Outflows
Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the l...
U.S. Weekly FundFlows Insight Report: Conventional Municipal Bond Funds Record Sixth Straight Weekly Inflow
During Refinitiv Lipper's fund flows week that ended February 13, 2023, investors were overall net purchasers of fund assets for the first week in three, adding a net of $5.6 billion. Exchange-traded ...
Financials Look Ripe For A Reversal
The financials and banking stocks have been some of the best performing of the reflation trade since the second half of 2020. On the whole, we know banks like to make their profits by lending long ter...
7 'Blue Wave' ETFs To Buy Following Democrat Senate Victories
The Democratic “blue wave” in Washington D.C. took two months longer than many investors had anticipated, but it arrived this week when Democrats narrowly eked out a majority in the Senate.