Summary
First Trust Latin America AlphaDEX Fund is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 55. The ten largest make up 34% of the fund.
- Yearly costs
- 0.80%
- Fund size
- $48.4M
- Positions
- 55
- Dividend yield
- 3.40%
- Running since
- 2011
What speaks for it
- It has been running since 2011.
What to watch
- Costs of 0.80% a year are above the middle of comparable funds (0.44%).
- A small fund with $48.4M under management; small funds get closed more often.
- It trades little: only about $324.4K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +8.7%
- 3 months
- +9.1%
- This year
- +23%
- 1 year
- +32%
- 3 years
- +60%
- 5 years
- +62%
- 10 years
- +40%
- Avg. market cap
- $23.2B
- P/E
- 5.9x
- Forward P/E
- 5.5x
- P/S
- 0.5x
- P/B
- 1.0x
- P/FCF
- 4.1x
- EV/EBITDA
- 5.0x
- Dividend yield
- 2.59%
- ROIC
- -12.1%
- ROE
- 16.6%
- Gross margin
- 34.1%
- Operating margin
- 22.8%
- Net margin
- 23.4%
- Payout ratio
- 15.3%
- Net debt/EBITDA
- 2.4x
- Beta
- 0.97
Weighted average of the 47 largest companies, which make up 95% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 PEPetróleo Brasileiro S.A. - Petrobras PETR4.SA 3.8%
- 2 BPBanco BTG Pactual S.A. BPAC11.SA 3.7%
- 3 TBBBB Foods TBBB 3.3%
- 4 KOCoca-Cola FEMSA, S.A.B. de C.V. KOFUBL.MX 3.3%
- 5 FUFibra UNO FUNO11.MX 3.3%
- 6 GGGerdau S.A. GGBR4.SA 3.3%
- 7 UGUltrapar Participações S.A. UGPA3.SA 3.3%
- 8 PIPromotora y Operadora de Infraestructura, S. A. B. de C. V. PINFRA.MX 3.3%
- 9 TITIM S.A. TIMS3.SA 3.2%
- 10 VBVibra Energia S.A. VBBR3.SA 3.1%
Positions in the fund: 55. The ten largest make up 34% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Financials 25%
- Utilities 17%
- Industrials 12%
- Basic materials 11%
- Energy 11%
- Other 24%
By country
- Brazil 56%
- Mexico 24%
- Chile 8.0%
- Cayman Islands 2.5%
- Other countries 8.7%
By company size
- Large cap 55%
- Mid cap 41%
- Small cap 3.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 95% of the fund.
Largest sector: Financials (25%). Largest country: Brazil (56%). Largest size group: Large cap (55%).
What does it cost me?
Expensive- A year from $10,000
- $80.00
- Over 20 years
- $3,763
From every $10,000 invested the fund takes $80.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,763.
How has it done?
Growing slowly- A year on average, 10 years
- +3.4%
- Deepest drop
- -30%
- Yearly volatility
- 23%
Average yearly growth over the last ten years: 3.4%. Deepest drop in these years: 30% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.40%
- Payments a year
- 4
- Last payment
- $0.15
Over the last 12 months it paid $0.95 per share, which is 3.40% of today's price. The last payment was $0.15 on Sep 24, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $324.4K
- Shares a day
- 12K
On an average day about $324.4K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 5.9
- Average Bulios Score
- 66 out of 100
Weight by Bulios Fair Price
- Undervalued 44%
- Fairly valued 14%
- Overvalued 42%
On average the companies inside trade for 5.9 times their yearly profit. By Fair Price, 44% of the rated weight comes out as undervalued.
Counted from its largest companies (47), which make up 95% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IU IUSC.DE iShares MSCI EM Latin America UCITS ETF USD | Ireland | 0.20% | $1.51B | +36% | Pays out | 38% |
FL FLLA Franklin FTSE Latin America ETF | United States | 0.19% | $48.0M | +32% | Pays out | 38% |
EW EWZ iShares MSCI Brazil ETF | United States | 0.59% | $8.39B | +40% | Pays out | 37% |
IQ IQQB.DE iShares MSCI Brazil UCITS ETF USD (Dist) | Ireland | 0.74% | $581.7M | +43% | Pays out | 35% |
IB IBZL.MI iShares MSCI Brazil UCITS ETF USD (Dist) | Ireland | 0.74% | $579.9M | +43% | Pays out | 35% |
4B 4BRZ.DE iShares MSCI Brazil UCITS ETF (DE) | Germany | 0.27% | $3.67B | +45% | Reinvests | 35% |