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ETFs

First Trust Developed Markets ex-US Small Cap AlphaDex Fund

FDTS
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 15 2012
Expense Ratio
0.80%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$36,260
AUM
$7,690,076
Associated Index
NASDAQ AlphaDEX Developed Markets Ex-US Small Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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Invest with FDTS

What is FDTS?

The First Trust Developed Markets Ex-US Small Cap 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 Developed Markets Ex-US Small Cap Index. The NASDAQ AlphaDEX Developed Markets Ex-US Small Cap Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Developed Markets Ex-US Index. The Index is constructed by ranking the stocks in the NASDAQ Developed Markets Ex-US Index separately on growth and value factors.

ETFs related toFDTS

ETFs correlated to FDTS include DFLV, EQTY, DFGR

FDTS
First Trust Exchange-Traded Fund III - First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
EQTY
Valued Advisers Trust - Kovitz Core Equity ETF
DFGR
Dimensional ETF Trust - Dimensional Global Real Estate ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF

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

FDTS is a Global Ex. US Equities ETF. The First Trust Developed Markets Ex-US Small Cap 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 Developed Markets Ex-US Small Cap Index. The NASDAQ AlphaDEX Developed Markets Ex-US Small Cap Index employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Developed Markets Ex-US Index. The Index is constructed by ranking the stocks in the NASDAQ Developed Markets Ex-US Index separately on growth and value factors.

FDTS tracks the NASDAQ AlphaDEX Developed Markets Ex-US Small Cap Index.

No, FDTS 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, FDTS 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 FDTS is -0.0431%. This is the percent change in the value of FDTS over the most recent 1-month period. The 3-month return on FDTS is 0.0089%. This is the percent change in the value of FDTS over the most recent 3-month period.

The standard deviation of FDTS for the past year is 0.5606%. 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 FDTS include ARKK, EFV, and EFG.

ETFs correlated to FDTS include DFLV, EQTY, and DFGR.

ETFs that are inversely correlated to FDTS include EPV, EFZ, and BNKD.

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.