ETF Quote Details
|NAV (month end)||28.47|
|Premium (+)/Discount (-) (month end)||+2.88|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$1.51 (4.84%)|
|Issuer||FIRST TRUST ADVISORS|
The Index is a modified equal-dollar weighted index designed by S&P to objectively identify and select securities from the S&P Australia BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX selection methodology. The Base Index is a comprehensive, rules-based index designed to measure stock market performance in Australia.
This Fund is an exchange-traded index fund or Index ETF which is a separate investment portfolio of First Trust Exchange-Traded AlphaDEX Fund II, an open-end investment management company. The First Trust Australia AlphaDEX Fund seeks investment results that correspond generally to the price and yield before, fees and expenses, of an equity index called the Defined Australia Index.