The ETF has a beta of 1.30 and standard deviation of 25.84% for the trailing three-year period, making it a medium risk choice in the space. FXD has traded between $43.02 and $56.93 during this last 52-week period. The ETF has added about 7.46% and was up about 0.98% so far this year and in the past one year (as of ), respectively. The top 10 holdings account for about 16.03% of total assets under management. ( PHM Quick Quote PHM - Free Report) and Paramount Global (class B) ( PARA Quick Quote PARA - Free Report). Looking at individual holdings, Wynn Resorts, Limited ( WYNN Quick Quote WYNN - Free Report) accounts for about 1.78% of total assets, followed by Pultegroup, Inc. Telecom and Industrials round out the top three. This ETF has heaviest allocation in the Consumer Discretionary sector-about 79.30% of the portfolio. And, most ETFs are very transparent products that disclose their holdings on a daily basis. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. It has a 12-month trailing dividend yield of 1.06%. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.Īnnual operating expenses for this ETF are 0.61%, making it on par with most peer products in the space. Investors should also pay attention to an ETF's expense ratio. The StrataQuant Consumer Discretionary Index employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. FXD seeks to match the performance of the StrataQuant Consumer Discretionary Index before fees and expenses. It has amassed assets over $1.26 billion, making it one of the largest ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. ![]() The fund is sponsored by First Trust Advisors. It is currently ranked 13, placing it in bottom 19%. Consumer Discretionary - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. They are excellent vehicles for long term investors.Īdditionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. ![]() Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the First Trust Consumer Discretionary AlphaDEX ETF ( FXD Quick Quote FXD - Free Report) is a passively managed exchange traded fund launched on.
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