First Trust Materials AlphaDEX Fund (FXZ)
|Ex-Dividend Date||Mar 25, 2022|
|Day's Range||71.29 - 71.52|
|Inception Date||May 8, 2007|
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 to objectively identify and select stocks from the Russell 1000® Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Top 10 Holdings47.27% of assets
|Reliance Steel & Aluminum Co.||RS||5.25%|
|LyondellBasell Industries NV||LYB||4.19%|
|Mar 25, 2022||$0.0931||Mar 31, 2022|
|Dec 23, 2021||$0.2408||Dec 31, 2021|
|Sep 23, 2021||$0.1727||Sep 30, 2021|
|Jun 24, 2021||$0.1479||Jun 30, 2021|
|Jun 23, 2021||$0.1479||Jun 30, 2021|
|Mar 25, 2021||$0.1303||Mar 31, 2021|
Wall Street was off to the worst start to a year since 1939 and the global market selloff will continue, according to Bank of America Corp. and Morgan Stanley, as quoted on Bloomberg.
Sector ETF report for FXZ
The outcome of the latest Fed meeting which reinforced the need for faster Fed rate hikes to counter accelerating inflation, caused an inverted yield curve last week. However, recession fears seem exagg...
Wall Street wrapped up its worst performance in two years thanks to the ongoing conflict in Ukraine and its inflationary effect on prices.
Smart Beta ETF report for FXZ
This materials ETF hits a new 52-week high. Are more gains in store for this ETF?
Several equity ETFs have impressed with their performances and generated handsome returns over the trailing one-month period though inflation fears and the resultant market sell-off have suppressed the ...