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Upturn AI SWOT - About
First Trust Technology AlphaDEX® Fund (FXL)
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Upturn Advisory Summary
10/24/2025: FXL (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 45.67% | Avg. Invested days 56 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.24 | 52 Weeks Range 110.83 - 160.72 | Updated Date 06/29/2025 |
52 Weeks Range 110.83 - 160.72 | Updated Date 06/29/2025 |
Upturn AI SWOT
First Trust Technology AlphaDEX® Fund
ETF Overview
Overview
The First Trust Technology AlphaDEXu00ae Fund (FXL) is an ETF that employs the AlphaDEXu00ae methodology to select and weight technology companies, aiming to outperform traditional market-cap weighted indexes. It focuses on technology stocks and uses growth factors for stock selection.
Reputation and Reliability
First Trust is a well-established ETF provider with a strong reputation for offering innovative investment strategies.
Management Expertise
First Trust has a dedicated team of portfolio managers and analysts with experience in quantitative investment strategies.
Investment Objective
Goal
The fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuantu00ae Technology Index.
Investment Approach and Strategy
Strategy: The ETF aims to outperform traditional market-cap weighted indexes by using the AlphaDEXu00ae methodology, which selects and weights stocks based on growth factors.
Composition The ETF primarily holds stocks of U.S. technology companies.
Market Position
Market Share: FXL's market share among technology ETFs is moderate.
Total Net Assets (AUM): 1521000000
Competitors
Key Competitors
- XLK
- VGT
- QQQ
Competitive Landscape
The technology ETF market is highly competitive. FXL's advantage lies in its AlphaDEXu00ae methodology, which seeks to identify and overweight companies with strong growth potential. However, larger market-cap weighted ETFs like XLK and VGT have significantly higher AUM and liquidity.
Financial Performance
Historical Performance: Historical performance varies depending on market conditions and the effectiveness of the AlphaDEXu00ae methodology.
Benchmark Comparison: Performance should be compared to the StrataQuantu00ae Technology Index to assess its tracking effectiveness.
Expense Ratio: 0.63
Liquidity
Average Trading Volume
The average trading volume of FXL is adequate, ensuring relatively easy entry and exit for most investors.
Bid-Ask Spread
The bid-ask spread is typically reasonable, indicating relatively low transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators, sector growth prospects, technological innovation, and investor sentiment influence the performance of FXL.
Growth Trajectory
FXL's growth is dependent on the overall performance of the technology sector and the effectiveness of its AlphaDEXu00ae strategy; changes to holdings occur periodically based on the model.
Moat and Competitive Advantages
Competitive Edge
FXL's competitive advantage is its AlphaDEXu00ae methodology, which uses growth factors to select and weight stocks. This can potentially lead to outperformance compared to market-cap weighted indexes. This strategy can appeal to investors looking for a more active approach to technology investing. The fund rebalances and reconstitutes its holdings quarterly to maintain its target factor exposure.
Risk Analysis
Volatility
FXL's volatility is typical for technology ETFs, reflecting the inherent volatility of the technology sector.
Market Risk
Specific risks include sector concentration risk, market risk, and the risk that the AlphaDEXu00ae methodology may not consistently outperform.
Investor Profile
Ideal Investor Profile
The ideal investor is someone who wants exposure to the technology sector but is looking for an alternative to market-cap weighted ETFs and is comfortable with a potentially more volatile investment.
Market Risk
FXL is best suited for long-term investors who are comfortable with moderate to high risk and seeking potential outperformance in the technology sector.
Summary
The First Trust Technology AlphaDEXu00ae Fund (FXL) is a technology ETF that utilizes the AlphaDEXu00ae methodology to select and weight stocks, aiming to outperform traditional market-cap weighted indexes. It offers exposure to U.S. technology companies but with a potentially different risk/return profile than market-cap weighted funds. Investors should consider its expense ratio, trading volume, and tracking error when evaluating its suitability. The fund is suitable for investors looking for a rules-based active approach to technology investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on your own research and risk tolerance. Market share data are estimates and may vary.
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 Technology AlphaDEX® Fund
Exchange NYSE ARCA | 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 a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the technology sector that may generate positive alpha relative to traditional passive-style 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.