The First Trust Consumer Discretionary AlphaDEX Fund (Ticker: FXD) is a dynamic and strategically designed exchange-traded fund that offers investors targeted exposure to the consumer discretionary sector. This fund is part of the sector-focused category, concentrating on companies that produce goods and services considered non-essential yet desirable, such as automobiles, luxury items, and leisure services. The FXD ETF stands out in the broad-based niche by employing a unique investment approach that utilizes the AlphaDEX methodology. This proprietary stock selection process aims to generate superior returns by identifying and investing in companies with strong growth potential and solid fundamentals within the consumer discretionary space. By focusing on this vibrant and economically sensitive sector, FXD provides investors with the opportunity to capitalize on the cyclical nature of consumer spending, making it an engaging option for those looking to diversify their portfolios with a touch of consumer-driven growth potential.
Asset Class
Equity
Region
North America
Issuer
First Trust
Index Tracked
StrataQuant Consumer Discretionary Index
Ticker Symbol
FXD
First Trust Consumer Discretionary AlphaDEX Fund (FXD) Fund Flow Chart
First Trust Consumer Discretionary AlphaDEX Fund (FXD) 1 year Net Flows: -$33M
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