About First Trust Industrials/Producer Durables AlphaDEX Fund (FXR)

The First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond to the price and yield of the StrataQuant® Industrials Index. This index is composed of stocks in the industrials and producer durables sectors of the U.S. equity market. The ETF employs the AlphaDEX® stock selection methodology, which utilizes a quantitative model to rank stocks based on various factors including growth, value, and momentum. By employing this strategy, the fund aims to outperform traditional market-cap weighted indices.

The FXR ETF has a market cap of $847.5 million as of the latest available data. It is designed to track the performance of the industrials and producer durables sectors and provide investors with exposure to these segments of the market. The ETF's portfolio consists of a diversified basket of stocks, with holdings spread across various sub-industries such as aerospace and defense, construction and engineering, machinery, and transportation. This diversification helps to mitigate concentration risk and provides investors with exposure to different areas within the industrials sector.