
The First Trust Materials AlphaDEX Fund functions as an exchange-traded fund (ETF). Its primary objective is to deliver investment performance that broadly tracks the total return (encompassing both price changes and dividend income) of a particular equity benchmark, specifically, the StrataQuant Materials Index, prior to factoring in any management fees and operating expenses.
Is FXZ's expense ratio expensive, average, or a steal for its category?
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The First Trust Materials AlphaDEX ETF (FXZ) made its debut on 05/08/2007, and is a smart beta exchange traded fund that provides broad exposure to the Materials ETFs category of the market.

Launched on May 8, 2007, the First Trust Materials AlphaDEX ETF (FXZ) is a passively managed exchange traded fund designed to provide a broad exposure to the Materials - Broad segment of the equity market.

First Trust Materials AlphaDEX Fund (NYSEARCA:FXZ - Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 12,242 shares, a decline of 48.6% from the August 31st total of 23,816 shares. Based on an average daily volume of

Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Materials AlphaDEX ETF (FXZ) provides investors broad exposure to the Materials ETFs category of the market.

Looking for broad exposure to the Materials - Broad segment of the equity market? You should consider the First Trust Materials AlphaDEX ETF (FXZ), a passively managed exchange traded fund launched on May 8, 2007.