About First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS)

The First Trust Developed Markets ex-US Small Cap AlphaDEX Fund (FDTS) is an exchange-traded fund (ETF) that aims to provide investors with exposure to small-cap equities in developed markets outside of the United States. The fund seeks to track the performance of the Defined Developed Markets ex-US Small Cap Index, which is designed to identify small-cap companies that exhibit growth and value characteristics.

FDTS offers investors an opportunity to diversify their portfolios and gain exposure to small-cap stocks in international markets, which may offer potential for higher returns compared to large-cap stocks. The fund employs a smart-beta strategy that utilizes a rules-based methodology to select and weight stocks in the index. This approach aims to enhance returns by targeting stocks with potentially better-than-average risk-adjusted performance.