First Trust Utilities AlphaDEX Fund

Frequently Asked Questions About FXU

What does FXU invest in?

First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across utilities sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the StrataQuant Utilities Index, by using full replication technique. First Trust Exchange-Traded AlphaDEX Fund - First Trust Utilities AlphaDEX Fund was formed on May 8, 2007 and is domiciled in the United States.

What is the expense ratio of FXU?

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

How big is FXU?

First Trust Utilities AlphaDEX Fund (FXU) manages $826.2M 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 FXU actively managed or an index fund?

FXU is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FXU's is 0.61%) because there's no security selection cost.

When was FXU launched?

First Trust Utilities AlphaDEX Fund (FXU) launched in May 2007 and is managed by First Trust.

How has FXU performed?

FXU'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.