First Trust Multi Cap Growth AlphaDEX Fund ETF - USD

Fund Identification

Main Metrics

Ratings

Official Investment Strategy

The First Trust Multi Cap Growth AlphaDEX® is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the NASDAQ AlphaDEX® Multi Cap Growth Index. Nasdaq constructs the NASDAQ AlphaDEX® Multi Cap Growth Index by ranking the eligible stocks within each index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style.