ETF Quote Details
|NAV (month end)||40.39|
|Premium (+)/Discount (-) (month end)||+0.19|
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:
Zacks Premium - The only way to get access to the Zacks Rank
ETF Expense Ratio
|Dividend (Yield)||$0.61 (1.51%)|
|Issuer||FIRST TRUST ADVISORS|
The Defined Large Cap Value Index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500/Citigroup Value Index that may generate positive alpha relative to traditional passive style indices through the use of the AlphaDEX screening methodology.
This Fund is an exchange-traded index fund or Index ETF that is a non-diversified, exchange-traded series of the First Trust Exchange-Traded AlphaDEX Fund, an open-end management invest co. The First Trust Large Cap Value Opportunities AlphaDEX Fund seeks invest results that correspond generally to the price and yield of an equity index called the Defined Large Cap Value Opportunities Index.