FTC | First Trust Large Cap Growth AlphaDEX Fund

FTC ISSUER

The First Trust Large Cap Growth AlphaDEX Fund (FTC) is an exchange-traded fund managed by First Trust Advisors L.P. Established to provide investors with exposure to growth stocks in the U.S. market, FTC primarily invests at least 90% of its net assets in common stocks that make up the Nasdaq AlphaDEX Large Cap Growth Index. This index is created and maintained by Nasdaq, Inc., with the goal of selecting growth stocks from the Nasdaq US 500 Large Cap Index that have the potential to generate positive alpha or risk-adjusted returns.

FTC DIVIDEND

The First Trust Large Cap Growth AlphaDEX Fund (FTC) primarily seeks to replicate the performance of the Nasdaq US 500 Large Cap IndexTM, with a focus on selecting growth stocks that may generate positive alpha. While FTC's primary objective is not centered on dividends, it reflects the dividend distribution of the underlying index. Dividend distributions typically follow the policies and performances of the constituent companies within the index. Investors should note that FTC leans towards growth-oriented companies, making it more suitable for capital appreciation, though it may offer some level of dividend returns depending on the performance of its underlying holdings.

FTC TRACKING

Tracking the AlphaDEX® Nasdaq US 500 Large Cap Growth Index is the primary objective of the FTC Tracking ETF. This fund typically allocates at least 90% of its net assets to the common stocks within the Index, which is owned and managed by Nasdaq, Inc. The Index employs an AlphaDEX® selection methodology to identify growth stocks from the Nasdaq US 500 Large Cap IndexTM that have the potential to generate superior risk-adjusted returns compared to traditional benchmarks. The ETF periodically rebalances to reflect changes in the Index composition, potentially resulting in a higher portfolio turnover rate. As of October 31, 2022, the Index comprised 186 securities, covering a market capitalization range of $7.399 billion to $2.439 trillion, with a notable concentration in the energy sector, subject to variations over time. Investors seeking growth-focused exposure to large-cap U.S. stocks may consider FTC Tracking for their investment strategy.

FTC CORRELATION

The correlation aspect of the First Trust Large Cap Growth AlphaDEX ETF (FTC) is instrumental in understanding its performance in relation to the broader U.S. equity market. FTC seeks to replicate the Nasdaq US 500 Large Cap Growth Index, employing the AlphaDEX® selection methodology. As a result, its correlation with the growth stocks within this index can significantly impact its returns. Investors looking to analyze FTC's correlation with other growth-focused ETFs or assess its suitability for portfolio diversification can leverage the ETF Insider web app, which provides comprehensive data visualization tools for studying correlations and overlaps with ease, helping investors make informed decisions in the ever-changing market landscape.

FTC SECTOR

The First Trust Large Cap Growth AlphaDEX ETF (FTC) primarily focuses on the growth stocks from the Nasdaq US 500 Large Cap IndexTM, as selected through the AlphaDEX® selection methodology. This approach seeks to identify companies with the potential to generate positive alpha, outperforming traditional benchmarks on a risk-adjusted basis. As of its last report, FTC had significant investments in energy companies, but its portfolio composition may evolve over time, maintaining its concentration in specific industries or sectors to align with the Index's structure and objectives. Investors in FTC can expect exposure to growth-oriented large-cap U.S. stocks with the aim of delivering alpha in their investment portfolios.

FTC EXPOSURE

The exposure characteristics of the FTC ETF, or First Trust Large Cap Value AlphaDEX Fund, reflect its focus on selecting growth stocks from the Nasdaq US 500 Large Cap IndexTM. The ETF aims to generate positive alpha, or risk-adjusted returns, compared to traditional indices, utilizing the AlphaDEX® selection methodology. This approach results in a concentrated portfolio of 186 securities with market capitalizations ranging from $7.399 billion to $2.439 trillion. As of its last report in October 2022, the fund exhibited a significant allocation to energy companies, although its sector exposures may evolve over time. For a comprehensive and in-depth analysis of ETF exposures and portfolio characteristics, investors can utilize ETF Insider's web app, which offers valuable insights into market sectors, regional allocation, overlap, correlations, and more for various US ETFs.