The First Trust Multi Cap Value AlphaDEX Fund operates as an exchange-traded fund, with its central purpose being to emulate the financial returns, encompassing both share price movement and income distribution, of the Nasdaq AlphaDEX Multi Cap Value Index. This performance alignment is measured prior to the subtraction of any fund-related fees and expenses.

Humana Inc.

Super Micro Computer, Inc.

Elevance Health Inc.

United Airlines Holdings, Inc.

Delta Air Lines, Inc.

T. Rowe Price Group, Inc.

Hewlett Packard Enterprise Company

Nucor Corporation

D.R. Horton, Inc.

Smurfit Westrock PLC

Financial Services

Consumer Cyclical

Industrials

Energy

Real Estate

Technology

Healthcare

Utilities

Consumer Defensive

Basic Materials

First Trust Multi Cap Value AlphaDEX Fund

FAB holds a broad value-focused portfolio of stocks from the Nasdaq US Select Index Family. The fund uses a quantitative methodology to select and weight securities in three different size segments. In particular, FAB uses three value factors (P/B, ROA, and P/FCF) to rank companies. Once the fund has selected those firms best positioned for value, it employs a tiered weighting strategy that assigns weights of 50% to large caps, 30% to midcaps and 20% to small-caps. FAB makes huge sector bets and carries a small tilt. The index is reconstituted and rebalanced quarterly. Note: On April 8, 2016, the fund switched underlying indexes from the old Defined index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.

FAB Holdings & Sector Breakdown

FAB Holdings & Sector Breakdown