First Trust Consumer Staples AlphaDEX® Fund company info

What does First Trust Consumer Staples AlphaDEX® Fund do?
First Trust Consumer Staples AlphaDEX® Fund (NYSEARCA:FXG) is a specialized investment fund, focusing on delivering returns through a managed portfolio of consumer staples stocks. This approach selects stocks using the AlphaDEX® methodology, aimed at generating alpha compared to traditional market-cap weighted indexes. Primary operations involve meticulously analyzing and investing in companies within the consumer staples sector, spanning from food and beverage companies to household and personal product brands. The fund's objectives center on providing investors with both capital appreciation and dividend income, targeting sectors that typically offer stability and consistent dividends. Through its strategic investments, First Trust Consumer Staples AlphaDEX® Fund strives to outperform in varying market conditions, making it a choice for those seeking exposure to essential consumer goods and services.
First Trust Consumer Staples AlphaDEX® Fund company media
Company Snapshot

Is First Trust Consumer Staples AlphaDEX® Fund a public or private company?

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Ownership
Public

How many people does First Trust Consumer Staples AlphaDEX® Fund employ?

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Employees
1,082

What sector is First Trust Consumer Staples AlphaDEX® Fund in?

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Sector
ETF

Where is the head office for First Trust Consumer Staples AlphaDEX® Fund?

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Head Office
Wheaton, United States

What year was First Trust Consumer Staples AlphaDEX® Fund founded?

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Year Founded
2007
What does First Trust Consumer Staples AlphaDEX® Fund specialise in?
/Exchange Traded Fund /Sector Investing /Index-Fund Tracking /Consumer Staples Investing /Equity Skill /Active Management

What are the products and/or services of First Trust Consumer Staples AlphaDEX® Fund?

Overview of First Trust Consumer Staples AlphaDEX® Fund offerings
Focus on Consumer Staples Sector: FXG invests in companies that produce and distribute essential goods that consumers consistently purchase regardless of economic conditions. This sector includes companies in areas like food, beverages, household products, and personal care products.
AlphaDEX® Stock Selection: Unlike market capitalization-weighted ETFs where larger companies have a bigger influence, FXG uses the AlphaDEX® methodology. This approach considers factors like growth potential, value, quality, and momentum when selecting stocks within the consumer staples sector. The aim is to potentially outperform a traditional market-cap weighted consumer staples index.
Passive Management: FXG likely tracks an index that incorporates the AlphaDEX® stock selection methodology. The holdings are automatically adjusted to reflect the index composition, potentially resulting in lower fees compared to actively managed consumer staples funds.
Diversification Within Consumer Staples: By holding a basket of consumer staples companies, FXG offers diversification within this sector, reducing concentration risk on any single company.
Potential for Capital Appreciation: The value of FXG can potentially grow over time as the underlying consumer staples companies' stock prices increase. Consumer staples companies tend to offer steadier growth compared to companies in other sectors.
Potential for Lower Volatility: The consumer staples sector is generally considered less volatile than the broader market. FXG may experience lower volatility compared to ETFs invested in more cyclical sectors.