FCA
First Trust China AlphaDEX Fund
First Trust China AlphaDEX Fund seeks investment results that correspond to the Defined China Index.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
8.8 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 18, 2011 |
| Assets (mns) | $9 |
| Expense ratio | 80 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| POP MART INTERNATIONAL GROUP LIMITED | 5.0 % |
| CHINA HONGQIAO GROUP LTD | 4.0 % |
| GREAT WALL MOTOR COMPANY-H | 3.7 % |
| SINOTRUK HONG KONG LTD | 3.5 % |
| XINYI GLASS HOLDINGS CO LTD | 3.4 % |
| BEIJING ENTERPRISES HLDGS | 3.4 % |
| CHINA RAILWAY GROUP LTD - H | 3.2 % |
| CHINA OVERSEAS LAND & INVEST | 3.0 % |
| JIANGXI COPPER COMPANY LTD-H | 2.9 % |
| ORIENT OVERSEAS INTL LTD | 2.9 % |
Constituent Breakdown
| Number of holdings | 53 |
| Herfindahl-Hirschman Index | 252 |
| Wgt avg mkt cap (mns) | $18,373 |
| Large cap (>$10bn) | 46.3% |
| Mid cap ($2-10bn) | 53.1% |
| Small cap (<$2bn) | 0.6% |
| Developed mkts. | 31.5% |
| Emerging mkts. | 68.5% |
Country Exposure
 |
CHINA | 66.9 % |
 |
HONG KONG | 29.6 % |
 |
SINGAPORE | 2.2 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 16.0% | 19.0% | 14.7% | -4.4% | 1.6% | 3.2% | 0.9% | Volatility | 32.6% | 30.6% | 28.3% | 29.9% | 29.6% | 29.4% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.44 | 8% |
| MSCI EAFE | 0.75 | 22% |
| MSCI Emg Mkts | 1.21 | 57% |
Liquidity Measures
| Avg. volume (000) | 11 |
| Turnover | 2.4% |
| Avg. Bid/Ask (% of price) | 1.06% |
| ADV of underlying (mns) | $1,686 |
Technical Indicators
| Recent close | $19.57 |
| 30d moving avg. | $20.68 |
| Annualized volatility | 28.0% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 7.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FCA |
Expenses vs. FCA |
ALTAR Score™ vs. FCA |
|---|---|---|---|---|
| FEM | First Trust Emerging Markets AlphaDEX Fund | 20.5% | 0 bp | -3.3% |
| FXI | iShares China Large-Cap ETF | 12.1% | -6 bp | -8.1% |
| KALL | KraneShares MSCI All China Index ETF | 11.2% | -31 bp | -7.4% |
| MCHI | iShares MSCI China ETF | 11.2% | -21 bp | -7.9% |
| FLCH | Franklin FTSE China ETF | 11.1% | -61 bp | -7.5% |
| UEVM | VictoryShares Emerging Markets Value Momentum ETF | 10.4% | -35 bp | -4.0% |
| FDEM | Fidelity Emerging Markets Multifactor ETF | 10.4% | -55 bp | -3.8% |
| GXC | SPDR S&P China ETF | 10.2% | -21 bp | -8.0% |
Risk and Returns: FCA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/13/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FCA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
FCA
16.3%
Cat. Avg
7.7%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.7% and a standard deviation of
4.1%. FCA's ALTAR Score™ is approximately
2.1 standard deviations
above
the category average. This places FCA in the 98th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FCASELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| FCA (80 bp) Percentile rank | 71 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FCA | 80.0 | 106.1 | 186.1 |
| Peer Avg. | 47.4 | 39.4 | 86.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .