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Upturn AI SWOT - About
First Trust Multi Cap Growth AlphaDEX® Fund (FAD)
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Upturn Advisory Summary
07/16/2025: FAD (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 27.61% | Avg. Invested days 58 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 07/16/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.18 | 52 Weeks Range 112.98 - 149.98 | Updated Date 06/30/2025 |
52 Weeks Range 112.98 - 149.98 | Updated Date 06/30/2025 |
Upturn AI SWOT
First Trust Multi Cap Growth AlphaDEX® Fund
ETF Overview
Overview
The First Trust Multi Cap Growth AlphaDEXu00ae Fund (FAD) is an ETF that seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEXu00ae Multi Cap Growth Index. It focuses on growth stocks of mid and large capitalization companies, using the AlphaDEXu00ae methodology to select stocks based on growth factors.
Reputation and Reliability
First Trust is a well-established ETF provider with a solid track record and a wide range of offerings.
Management Expertise
First Trust Advisors L.P. has extensive experience in managing ETFs, with a dedicated team focusing on index-based strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield of the NASDAQ AlphaDEXu00ae Multi Cap Growth Index.
Investment Approach and Strategy
Strategy: The fund employs a 'quantitatively driven' approach to selecting and weighting stocks within the multi-cap growth segment. It uses the AlphaDEXu00ae methodology, which ranks stocks based on growth factors.
Composition The ETF primarily holds stocks of U.S. mid- and large-cap companies exhibiting growth characteristics.
Market Position
Market Share: Data Not Available
Total Net Assets (AUM): 1847500000
Competitors
Key Competitors
- IVW
- VUG
- IWF
Competitive Landscape
The ETF industry is highly competitive. FAD distinguishes itself with its AlphaDEX methodology which seeks to outperform traditional market-cap weighted indices. However, its expense ratio and performance relative to larger, more liquid ETFs like IVW, VUG, and IWF influence its competitiveness.
Financial Performance
Historical Performance: Data Not Available
Benchmark Comparison: Data Not Available
Expense Ratio: 0.7
Liquidity
Average Trading Volume
The average daily trading volume indicates moderate liquidity, facilitating relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread reflects the cost of trading, with a tighter spread generally indicating greater liquidity and lower transaction costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, and sector-specific trends influence the performance of growth stocks within the ETF's portfolio.
Growth Trajectory
The ETF's growth trajectory depends on its ability to consistently select stocks that outperform the market based on the AlphaDEX methodology. Changes in market conditions or the effectiveness of the stock selection process can affect its trajectory.
Moat and Competitive Advantages
Competitive Edge
FADu2019s competitive advantage stems from its proprietary AlphaDEXu00ae methodology which aims to identify and select growth companies based on a combination of growth and value factors. This unique, rules-based approach provides a differentiated investment strategy compared to passively managed growth ETFs. The ETF also offers diversification across multiple sectors and market caps, providing investors with broad exposure to the growth segment. The ETF has the potential to outperform standard growth indices, specifically during periods where factor-based investing is in favor.
Risk Analysis
Volatility
The ETF's volatility is characteristic of growth stocks, which tend to be more volatile than value or dividend-paying stocks.
Market Risk
The ETF is subject to market risk, specifically related to the performance of growth stocks and the overall stock market. Sector-specific risks related to the industries represented in the portfolio also apply.
Investor Profile
Ideal Investor Profile
The ETF is suitable for investors seeking exposure to growth stocks of mid and large-cap companies, who are comfortable with moderate to high volatility and believe in the potential of factor-based investing.
Market Risk
The ETF is suitable for long-term investors with a growth-oriented investment strategy. It is less suitable for risk-averse investors or those seeking stable income.
Summary
First Trust Multi Cap Growth AlphaDEXu00ae Fund (FAD) seeks to track the NASDAQ AlphaDEXu00ae Multi Cap Growth Index, utilizing a quantitative methodology to select growth stocks. Its competitive advantage lies in its AlphaDEXu00ae approach, aiming to outperform traditional market-cap weighted indices, but is in a highly competitive market with several larger ETF's. The ETF suits growth-oriented investors comfortable with higher volatility. The performance is linked to macroeconomic factors and the validity of stock selection model which impacts the future trajectory and ultimate success of FAD in achieving its investment goal.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market share data may not be current and is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Multi Cap Growth AlphaDEX® Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select growth stocks from the NASDAQ US 500 Large Cap Index TM, NASDAQ US 600 Mid Cap Index TM and NASDAQ US 700 Small Cap Index TM that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
