The First Trust Materials AlphaDEX Fund (FXZ) is a dynamic exchange-traded fund designed to provide investors with a strategic exposure to the Materials sector, a crucial segment of the economy encompassing industries involved in the discovery, development, and processing of raw materials. As a part of the sector-focused, broad-based niche, this ETF uniquely leverages the innovative AlphaDEX methodology to select stocks, aiming to outperform traditional cap-weighted indexes.
FXZ meticulously curates its portfolio by employing a rigorous stock selection process that involves fundamental growth and value factors, thereby seeking companies with strong potential for capital appreciation. This approach offers a distinctive edge by focusing on quality and potential rather than merely size. The fund is a compelling choice for investors looking to capitalize on the cyclical nature of the Materials sector, which often benefits from periods of economic expansion and infrastructure development.
By investing in FXZ, stakeholders gain diversified exposure to a wide array of industries within the Materials sector, including chemicals, construction materials, containers and packaging, metals and mining, and paper and forest products. This diversification not only mitigates individual stock risk but also positions investors to potentially reap the benefits of broad sector growth.
In summary, the First Trust Materials AlphaDEX Fund (FXZ) offers a sophisticated investment avenue for those looking to integrate sector-specific growth into their portfolios, supported by a robust selection methodology designed to harness the potential of the Materials sector effectively.
Asset Class
Equity
Region
North America
Issuer
First Trust
Index Tracked
StrataQuant Materials Index
Ticker Symbol
FXZ
First Trust Materials AlphaDEX Fund (FXZ) Fund Flow Chart
First Trust Materials AlphaDEX Fund (FXZ) 1 year Net Flows: -$139M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.