First Trust Technology Etf Profile
| FXL Etf | USD 137.42 1.42 1.02% |
PerformanceVery Weak
| Odds Of DistressLow
|
First Trust is selling for 137.42 as of the 20th of March 2025. This is a 1.02 percent decrease since the beginning of the trading day. The etf's lowest day price was 137.14. First Trust has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Technology Alphadex is traded on NYSEARCA Exchange in the United States. More on First Trust Technology
Moving together with First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [Humm Group Limited, First Trust Technology Alphadex Fund] |
| Business Concentration | Information Technology ETFs, Sector ETFs, Technology, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2007-05-08 |
| Benchmark | StrataQuant Technology Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.26 Billion |
| Average Trading Valume | 41,735.5 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 101 |
| Market Maker | Jane Street |
| Total Expense | 0.62 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (6.54) |
| Name | First Trust Technology AlphaDEX Fund |
| Currency Code | USD |
| Open Figi | BBG000R6BJ93 |
| In Threey Volatility | 22.4 |
| 1y Volatility | 17.08 |
| 200 Day M A | 142.63 |
| 50 Day M A | 149.5 |
| Code | FXL |
| Updated At | 21st of March 2025 |
| Currency Name | US Dollar |
First Trust Technology [FXL] is traded in USA and was established 2007-05-08. The fund is classified under Technology category within First Trust family. The entity is thematically classified as Information Technology ETFs. First Trust Technology currently have 936.05 M in assets under management (AUM). , while the total return for the last 3 years was 6.5%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Technology Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top First Trust Technology Etf Constituents
| DXC | DXC Technology Co | Stock | Information Technology | |
| AAPL | Apple Inc | Stock | Information Technology | |
| ON | ON Semiconductor | Stock | Information Technology | |
| OLED | Universal Display | Stock | Information Technology | |
| CGNX | Cognex | Stock | Information Technology | |
| ENTG | Entegris | Stock | Information Technology | |
| WDAY | Workday | Stock | Information Technology | |
| OKTA | Okta Inc | Stock | Information Technology |
First Trust Top Holders
| FVC | First Trust Dorsey | Etf | Tactical Allocation | |
| CSPGX | Astor Star Fund | Mutual Fund | Tactical Allocation | |
| FV | First Trust Dorsey | Etf | Mid-Cap Blend | |
| DALI | First Trust Dorsey | Etf | Tactical Allocation | |
| ASPGX | Astor Star Fund | Mutual Fund | Tactical Allocation | |
| STARX | Astor Star Fund | Mutual Fund | Tactical Allocation |
First Trust Technology Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.15) |
First Trust Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of First Trust Technology is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.