FXD

📎 Investment Objective

The First Trust Consumer Discretionary AlphaDEX Fund (FXD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the StrataQuant® Consumer Discretionary Index.

✨ Key Features

• Focuses on the consumer discretionary sector, which includes companies that produce goods and services that are not essential for daily life
• Uses a quantitative stock selection process to identify potentially outperforming stocks
• Diversified portfolio of consumer discretionary stocks
• Expense ratio of 0.00%

⚠️ Primary Risks

• Sector risk: As a sector-specific fund, FXD is more susceptible to factors affecting the consumer discretionary sector
• Stock selection risk: The fund's quantitative model may not accurately identify outperforming stocks
• Market risk: The value of the fund's holdings can decline due to general market and economic conditions
• Liquidity risk: The fund may have difficulty trading some of its holdings at an advantageous time or price

👤 Best For

FXD may be suitable for investors seeking exposure to the consumer discretionary sector as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who believe the consumer discretionary sector will outperform the broader market.