First Trust Health Care AlphaDEX Fund

Frequently Asked Questions About FXH

What does FXH invest in?

The First Trust Health Care AlphaDEX Fund, an exchange-traded fund (ETF), aims to deliver investment performance that broadly matches the total return (price appreciation and income generation) of the StrataQuant Health Care Index, an equity benchmark. This goal is measured prior to the subtraction of any fees and expenses.

What is the expense ratio of FXH?

First Trust Health Care AlphaDEX Fund (FXH) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FXH?

First Trust Health Care AlphaDEX Fund (FXH) manages $1.01B 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 FXH actively managed or an index fund?

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

When was FXH launched?

First Trust Health Care AlphaDEX Fund (FXH) launched in May 2007 and is managed by First Trust.

How has FXH performed?

FXH'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.