FSZ
First Trust Switzerland AlphaDEX Fund
First Trust Switzerland AlphaDEX Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined Switzerland Index.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
75.4 M
ASSETS UNDER MGMT
80 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 14, 2012 |
| Assets (mns) | $75 |
| 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 +
| SULZER AG-REG | 4.5 % |
| BALOISE HOLDING-REG | 4.3 % |
| ABB LTD. | 4.3 % |
| GALENICA AG | 4.2 % |
| SWISSCOM AG | 4.1 % |
| SWISSQUOTE GROUP HOLDING-REG | 4.0 % |
| ZURICH FINANCIAL SERVICES AG | 3.8 % |
| BUCHER INDUSTRIES AG-REG | 3.8 % |
| EFG INTERNATIONAL AG | 3.8 % |
| HOLCIM LTD-REG | 3.7 % |
Constituent Breakdown
| Number of holdings | 41 |
| Herfindahl-Hirschman Index | 310 |
| Wgt avg mkt cap (mns) | $34,224 |
| Large cap (>$10bn) | 35.6% |
| Mid cap ($2-10bn) | 64.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
SWITZERLAND | 100.0 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -0.3% | 5.6% | 10.9% | 0.5% | 6.7% | 7.1% | 8.1% | Volatility | 14.0% | 14.3% | 17.2% | 21.7% | 22.7% | 18.9% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.87 | 64% |
| MSCI EAFE | 1.02 | 87% |
| MSCI Emg Mkts | 0.80 | 54% |
Liquidity Measures
| Avg. volume (000) | 3 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.43% |
| ADV of underlying (mns) | $2,058 |
Technical Indicators
| Recent close | $62.79 |
| 30d moving avg. | $65.30 |
| Annualized volatility | 19.0% |
| Relative strength (RSI) | 45 |
| Short interest (ETF) | 0.5% |
| 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. FSZ |
Expenses vs. FSZ |
ALTAR Score™ vs. FSZ |
|---|---|---|---|---|
| EWL | iShares MSCI Switzerland ETF | 36.0% | -30 bp | +0.2% |
| FLSW | Franklin FTSE Switzerland ETF | 24.5% | -71 bp | +1.1% |
| FICS | First Trust International Developed Capital Strength ETF | 11.9% | -10 bp | +1.1% |
| EUFN | iShares MSCI Europe Financials ETF | 11.0% | -29 bp | +4.0% |
Risk and Returns: FSZ 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 12/18/2024
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
FSZ
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
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
FSZ
4.3%
Cat. Avg
7.5%
ALTAR Score™ Calculation
Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™
of 7.5% and a standard deviation of
2.7%. FSZ's ALTAR Score™ is approximately
1.2 standard deviations
below
the category average. This places FSZ in the 12nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FSZSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| FSZ (80 bp) Percentile rank | 93 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FSZ | 80.0 | 42.9 | 122.9 |
| Peer Avg. | 42.6 | 27.0 | 69.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .