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Sunday, August 23, 2026The Morning Brief →Sign in
FTAFIRST TRUST LARGE CAP VALUE ALPHADEX FUND

FIRST TRUST LARGE CAP VALUE ALPHADEX FUND

$103.77+0.36% today
8110452-WK
Price & daily flows
99.292.686.1103.77DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +19.4% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$1.2Bassets under management
expense ratio
net flow, trailing month
27Kavg daily volume, 30 days
188holdings · US-domiciled
2023listed November 14, 2023 · beta 0.37
Sector weights
Finance23.99%
Financial Services21.44%
Financials21.11%
Consumer Discretionary16.5%
Utilities12.89%
Energy12.18%
Industrials8.96%
Consumer Defensive8.52%
Consumer Cyclical8.25%
Energy Minerals7.62%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States99.25%
Bermuda1.87%
Ireland1.68%
Other1.53%
Switzerland0.75%
Korea (the Republic of)0.22%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.4%
1 month+5.0%
3 months+9.3%
6 months+9.3%
YTD+19.4%
1 year+24.4%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
11%realized volatility, 30 days (annualized)
11%realized volatility, 1 year
-5.1%deepest fall from a peak, 1 year
-0.4%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
10Kshares traded
The case against FTA

Due diligence cuts both ways. These funds sit on the same shelf and beat FTA on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
SPY SPDR S&P 500 ETF Trust0.09%$818.3B+$2.8B666× the assets · +$2.8B in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M104× the assets · +$547M in over the monthHead-to-head
ITOT iShares Core S&P Total U.S. Stock Market ETF0.03%$97.9B+$245M80× the assets · +$245M in over the monthHead-to-head
IVW iShares S&P 500 Growth ETF0.18%$77.4B+$322M63× the assets · +$322M in over the monthHead-to-head
IVE iShares S&P 500 Value ETF0.18%$50.4B+$51M41× the assets · +$51M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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