First Trust Consumer Discretionary AlphaDEX Fund

Frequently Asked Questions About FXD

What does FXD invest in?

The First Trust Consumer Discretionary AlphaDEX Fund is an exchange-traded fund (ETF) whose primary goal is to mirror the performance, encompassing both price appreciation and yield, of the StrataQuant Consumer Discretionary Index. This tracking objective is considered before the impact of fees and expenses.

What is the expense ratio of FXD?

First Trust Consumer Discretionary AlphaDEX Fund (FXD) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FXD?

First Trust Consumer Discretionary AlphaDEX Fund (FXD) manages $260.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FXD actively managed or an index fund?

FXD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FXD launched?

First Trust Consumer Discretionary AlphaDEX Fund (FXD) launched in May 2007 and is managed by First Trust.

How has FXD performed?

FXD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.