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ETFs

First Trust China AlphaDEX Fund

FCA
$—
Today’s Change
— (—)

Snapshot
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Inception Date
Apr 18, 2011
Expense Ratio
0.8%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$7,536
AUM
$8,662,538
Associated Index
NASDAQ AlphaDEX China Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

1919
Cosco Shipping Holdings Co Ltd - Ordinary Shares - Class H
4.06%
857
PetroChina Co. Ltd. - Ordinary Shares - Class H
3.74%
316
Orient Overseas (International) Ltd.
3.58%
900948
Inner Mongolia Yitai Coal Co. Ltd. - Ordinary Shares - Class B
3.55%
1378
China Hongqiao Group Limited
3.42%
921
Hisense Home Appliances Group Co.Ltd - Ordinary Shares - Class H
3.39%
386
China Petroleum & Chemical Corp - Ordinary Shares - Class H
3.36%
900905
Lao Feng Xiang Co. Ltd. (Class B)
3.36%
631
Sany Heavy Equipment International Holdings Co Ltd
3.24%
489
Dongfeng Motor Group Co - Ordinary Shares - Class H
3.03%
Invest with FCA
Trade FCA Options

What is FCA?

The First Trust China AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX China Index. The NASDAQ AlphaDEX China Index is an "enhanced" index created and administered by The NASDAQ OMX Group, Inc. ("NASDAQ") which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ China Index that meet certain criteria. NASDAQ constructs the NASDAQ AlphaDEX China Index by ranking the eligible stocks from the NASDAQ China Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style.

1M
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FCA
Performance Measures**

for the time period Apr 21, 2011 to Dec 4, 2025

Returns

1M Trailing Return: 1.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 7.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -45.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 28.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.25

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.07

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFCA

ETFs correlated to FCA include GXC, MCHI, FXI

FCA
First Trust Exchange-Traded Fund III - First Trust China AlphaDEX Fund
GXC
SSgA Active Trust - SPDR S&P China ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
PXH
Invesco Capital Management LLC - Invesco FTSE RAFI Emerging Markets ETF
ASHR
DBX ETF Trust - Xtrackers Harvest CSI 300 China A-Shares ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
CHAU
Direxion Shares ETF Trust - Direxion Daily CSI 300 China A Share Bull 2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FCA is a Global Ex. US Equities ETF. The First Trust China AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX China Index. The NASDAQ AlphaDEX China Index is an "enhanced" index created and administered by The NASDAQ OMX Group, Inc. ("NASDAQ") which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ China Index that meet certain criteria. NASDAQ constructs the NASDAQ AlphaDEX China Index by ranking the eligible stocks from the NASDAQ China Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style.

FCA tracks the NASDAQ AlphaDEX China Index.

No, FCA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FCA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FCA is 0.0346%. This is the percent change in the value of FCA over the most recent 1-month period. The 3-month return on FCA is -0.0079%. This is the percent change in the value of FCA over the most recent 3-month period.

The standard deviation of FCA for the past year is 0.2794%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FCA include EWZ, EWW, and EWT.

ETFs correlated to FCA include GXC, MCHI, and FXI.

ETFs that are inversely correlated to FCA include YANG, EDZ, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.