First Trust Health Care AlphaDEX Fund chart

Last update: 2022-12-30
Key statistics and financials
Three year average return 19.18%
YTD return -6.48%
Beta 3Y 0.82
Total Assets 1.61B
Annual report expense ratio 0.61%

Company description

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to First Trust Health Care AlphaDEX Fund:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to First Trust Health Care AlphaDEX Fund. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on First Trust Health Care AlphaDEX Fund

Here is the result of two systematic investment strategies applied to First Trust Health Care AlphaDEX Fund. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on First Trust Health Care AlphaDEX Fund

The following chart shows the equity curve of the two systematic investment strategies applied to First Trust Health Care AlphaDEX Fund:

First Trust Health Care AlphaDEX Fund automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 42.21% on the backtest period.

Performance at glance

Performance

42.21 %

Latent gain

799.74 $

Invested capital

1894.71 $

Annualized return

10.2 %
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Automated Trading using Prorealtime ebook

Momentum strategy results on First Trust Health Care AlphaDEX Fund

This is the result of two momentum investment strategies applied to First Trust Health Care AlphaDEX Fund. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on First Trust Health Care AlphaDEX Fund

The following chart shows all the entries opened by the momentum investment system on First Trust Health Care AlphaDEX Fund:

First Trust Health Care AlphaDEX Fund momentum entries
  • The first momentum investment strategy would give 43.43% of return on First Trust Health Care AlphaDEX Fund. That represents 1738.28$ of latent gain with 4002.07$ of employed capital.
  • The second momentum investment strategy would give 43.66% of return on First Trust Health Care AlphaDEX Fund. That represents 1709.09$ of latent gain with 3914.11$ of employed capital.
Performance at glance (1Q Momentum)

Performance

43.43 %

Latent gain

1738.28 $

Invested capital

4002.07 $

Annualized return

11.63 %
Performance at glance (2Q Momentum)

Performance

43.66 %

Latent gain

1709.09 $

Invested capital

3914.11 $

Annualized return

11.93 %

Momentum equity curve on First Trust Health Care AlphaDEX Fund

The following chart shows the equity curve of the two momentum strategies applied to First Trust Health Care AlphaDEX Fund:

First Trust Health Care AlphaDEX Fund momentum equity

Note: the dividends potentially given by First Trust Health Care AlphaDEX Fund are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Trust Health Care AlphaDEX Fund

The following chart shows the employed capital evolution of the two momentum strategies on First Trust Health Care AlphaDEX Fund since the beginning:

First Trust Health Care AlphaDEX Fund

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on First Trust Health Care AlphaDEX Fund

Buy the dip entry openings on First Trust Health Care AlphaDEX Fund

First Trust Health Care AlphaDEX Fund

The performance achieved by the robo-advisor on First Trust Health Care AlphaDEX Fund is 24.88%. That represents 70.02$ of latent gain with 281.43$ of employed capital. The following chart shows First Trust Health Care AlphaDEX Fund stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of First Trust Health Care AlphaDEX Fund, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

24.88 %

Latent gain

70.02 $

Invested capital

281.43 $

Annualized return

11.63 %

Equity curve of the strategy applied to First Trust Health Care AlphaDEX Fund

The following chart shows the result of the investment strategy applied to First Trust Health Care AlphaDEX Fund:

First Trust Health Care AlphaDEX Fund

Note: the dividends potentially given by First Trust Health Care AlphaDEX Fund are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on First Trust Health Care AlphaDEX Fund

The following chart shows the employed capital evolution since the beginning of the investment strategy on First Trust Health Care AlphaDEX Fund:

First Trust Health Care AlphaDEX Fund

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on First Trust Health Care AlphaDEX Fund

In this section, I will compare the three previous investment strategies applied to First Trust Health Care AlphaDEX Fund.

Equity curve comparison on First Trust Health Care AlphaDEX Fund

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

First Trust Health Care AlphaDEX Fund investment strategy comparison

Employed capital comparison on First Trust Health Care AlphaDEX Fund

First Trust Health Care AlphaDEX Fund investment comparison

Performance comparison on First Trust Health Care AlphaDEX Fund

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 42.21% 799.74$ 1894.71$ 10.2%
Momentum 1 quarter 43.43% 1738.28$ 4002.07$ 11.14%
Momentum 2 quarters 43.66% 1709.09$ 3914.11$ 11.93%
Non-directional 24.88% 70.02$ 281.43$ 11.63%
Annualized return comparison

Automatic investment

10.2 %

Momentum 1Q

11.93 %

Momentum 2Q

11.93 %

Non-directional

11.63 %

Correlated stocks

Here are the most positively and negatively correlated stocks with First Trust Health Care AlphaDEX Fund:

Positive correlations

Most correlated stocks this year

  • Fidelity MSCI Health Care Index ETF
  • First Trust Health Care AlphaDEX Fund

  • Most correlated stocks last 3 months

  • AIRBOSS AMERICA J
  • Albemarle Corp
  • CVS Health Corp
  • El Pollo Loco Holdings Inc
  • Fox Factory Holding Corp
  • LITHIUM AMERICAS CORP
  • First Trust Consumer Staples AlphaDEX Fund
  • Lithium Americas Corp
  • VanEck Rare Earth/Strategic Metals ETF
  • U.S. Global Investors Inc - Class A
  • Invesco DWA Consumer Staples Momentum ETF
  • Icahn Enterprises L P
  • Acadia Healthcare Company Inc
  • First Trust Germany AlphaDEX Fund
  • Amplify Lithium & Battery Technology ETF
  • SMITHS GROUP PLC ORD 37.5P
  • First Trust BICK Index Fund
  • Ceva Inc
  • FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ET
  • iShare Inc iShares ESG Aware MSCI EM ETF
  • News Corp - Class A
  • News Corp - Class B
  • SOLID STATE PLC ORD 5P
  • Darling Ingredients Inc
  • Invesco S&P MidCap 400 Pure Growth ETF
  • Expeditors International Of Washington Inc
  • First Trust Indxx NextG ETF
  • BorgWarner Inc
  • Saia Inc
  • PennantPark Floating Rate Capital Ltd
  • Invesco DWA SmallCap Momentum ETF
  • Fortune Brands Home & Security Inc
  • First Trust Capital Strength ETF
  • FIRST TRUST NASDAQ ARTIFICIAL INTELLIGENCE AND ROB
  • Janus Henderson Small/Mid Cap Growth Alpha ETF
  • Janus Henderson Small Cap Growth Alpha ETF
  • Global X Funds Global X Internet of Things ETF
  • Vanguard Russell 2000 Growth Index ETF
  • MSC Industrial Direct Co. Inc - Class A
  • Invesco DB G10 Currency Harvest Fund
  • TriplePoint Venture Growth BDC Corp
  • Cintas Corporation
  • PGT Innovations Inc
  • Qwest Corporation
  • iShares Core MSCI Total International Stock ETF
  • Vanguard Total International Stock ETF
  • Global X Autonomous & Electric Vehicles ETF
  • Global X Funds Global X Robotics & Artificial Inte
  • First Trust Nasdaq Semiconductor ETF
  • Skyworks Solutions Inc
  • Siren Nasdaq NexGen Economy ETF
  • iShares MSCI Global Sustainable Development Goals
  • Equifax Inc
  • Syneos Health Inc - Class A
  • iShares MSCI Netherlands ETF
  • Quaker Houghton
  • iShares MSCI ACWI ETF
  • iShares Semiconductor ETF
  • Direxion Daily Semiconductor Bull 3X Shares
  • ETCT ROBO Global Robotics and Automation Index ETF
  • Gabelli Healthcare & WellnessRx Trust
  • VanEck Semiconductor ETF
  • First Trust Multi Cap Growth AlphaDEX Fund
  • Archrock Inc
  • Royce Global Value Trust Inc
  • Davis Select Worldwide ETF
  • ADVISORSHARES DORSEY WRIGHT MICRO-CAP ETF
  • Chipotle Mexican Grill
  • Fidelity MSCI Communication Services Index ETF
  • Invesco DWA Developed Markets Momentum ETF
  • First Trust Nasdaq Food & Beverage ETF
  • United Micro Electronics
  • Chemours Company
  • Axalta Coating Systems Ltd
  • Molina Healthcare Inc
  • AEM
  • Ameresco Inc - Class A
  • Visa Inc - Class A
  • Surface Oncology Inc
  • Global X MSCI Argentina ETF
  • Broadridge Financial Solutions Inc
  • WISDOMTREE EMERGING MARKETS MULTIFACTOR FUND N/A
  • WISDOMTREE EMERGING MARKETS QUALITY DIVIDEND GROWT
  • SPDR Portfolio Emerging Markets ETF
  • PROSHARES ULTRA MSCI EMERGING MARKETS
  • Invesco DWA Emerging Markets Momentum ETF
  • WisdomTree Emerging Markets SmallCap Dividend Fund
  • iShares MSCI Emerging Markets ETF
  • Waste Connections Inc
  • iShares MSCI Emerging Markets Small-Cap ETF
  • American Superconductor Corp
  • CIENA Corp
  • First Trust Nasdaq Clean Edge Green Energy Index F
  • Impact Shares Sustainable Development Goals Global
  • VanEck Low Carbon Energy ETF
  • TD Synnex Corp
  • SPDR SSGA Gender Diversity Index ETF
  • First Trust Mid Cap Growth AlphaDEX Fund
  • Invesco Solar ETF
  • iShares Global Clean Energy ETF
  • Heska Corp (Restricted Voting)
  • Fidelity MSCI Health Care Index ETF
  • First Trust Health Care AlphaDEX Fund
  • iShares Exponential Technologies ETF
  • Home Depot Inc
  • First Trust Nasdaq-100 Ex-Technology Sector Index
  • Principal U.S. Mega-Cap ETF
  • Invesco S&P 500 Pure Growth ETF
  • Invesco DWA Momentum ETF
  • Fidelity Momentum Factor ETF
  • Global X Millennial Consumer ETF
  • VanEck Retail ETF
  • iShares Core S&P U.S.Growth ETF
  • Medpace Holdings Inc
  • First Trust NASDAQ Cybersecurity ETF
  • ClearBridge All Cap Growth ESG ETF
  • Global X S&P 500 Catholic Values ETF
  • First Trust Dorsey Wright Focus 5 ETF
  • ClearBridge Large Cap Growth ESG ETF
  • First Trust NASDAQ-100 Equal Weighted Index Fund
  • First Trust NASDAQ-100 Technology Sector Index Fun
  • iShares Trust iShares ESG Aware MSCI USA ETF
  • Vanguard Russell 1000 Index ETF
  • Schwab 1000 Index ETF
  • Schwab U.S. Large-Cap ETF
  • MSCI USA ESG Select ETF
  • Fidelity MSCI Consumer Discretionary Index ETF
  • iShares Global Consumer Discretionary ETF
  • Invesco S&P 500 Equal Weight Technology ETF
  • Thermo Fisher Scientific Inc
  • Ultra Clean Hldgs Inc
  • iShares MSCI New Zealand ETF
  • ERShares Entrepreneurs ETF
  • Accenture plc - Class A
  • WisdomTree Global ex-U.S. Quality Dividend Growth
  • Mastercard Incorporated - Class A

  • Note: The algorithm computes the probability of correlation between First Trust Health Care AlphaDEX Fund and the other stocks. There may be false positives or some missing correlated stocks. If the price of First Trust Health Care AlphaDEX Fund does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name First Trust Health Care AlphaDEX Fund
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker FXH
    Market

    First Trust Health Care AlphaDEX Fund ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown