Summary
First Trust Technology AlphaDEX Fund is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 111. The ten largest make up 17% of the fund.
- Yearly costs
- 0.60%
- Fund size
- $2.69B
- Positions
- 111
- Dividend yield
- 0.00%
- Running since
- 2007
What speaks for it
- Widely spread: the ten largest positions make up only 17% of the fund.
- A large fund with $2.69B under management.
- Easy to buy and sell: about $28.0M changes hands a day.
- Average yearly growth over the last ten years: 19%.
- It has been running since 2007.
What to watch
- 90% of the fund is in one sector (Technology).
- 96% of the fund is in one country (United States).
- Costs of 0.60% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 39% from its high.
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
- -1.5%
- 3 months
- +8.2%
- This year
- +26%
- 1 year
- +27%
- 3 years
- +93%
- 5 years
- +62%
- 10 years
- +492%
- Avg. market cap
- $373.5B
- P/E
- 22.4x
- Forward P/E
- 17.4x
- P/S
- 2.8x
- P/B
- 4.2x
- P/FCF
- 21.1x
- EV/EBITDA
- 17.0x
- Dividend yield
- 0.46%
- ROIC
- 12.2%
- ROE
- 25.6%
- Gross margin
- 60.9%
- Operating margin
- 15.1%
- Net margin
- 15.0%
- Payout ratio
- 10.2%
- Net debt/EBITDA
- 0.6x
- Beta
- 1.26
Weighted average of the 50 largest companies, which make up 66% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 TEAtlassian TEAM 1.8%
- 2 CTCognizant CTSH 1.8%
- 3 EPEPAM Systems EPAM 1.8%
- 4 PTPTC PTC 1.7%
- 5 NINIQ Global Intelligence Plc NIQ 1.7%
- 6 MBMobility Global Inc MBGL 1.7%
- 7 ZMZoom ZM 1.6%
- 8 RNRingCentral, Inc. RNG 1.6%
- 9 RBRubrik RBRK 1.6%
- 10 NTNetApp NTAP 1.5%
Positions in the fund: 111. The ten largest make up 17% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 90%
- Industrials 4.0%
- Communication services 2.9%
- Financials 2.0%
- Consumer cyclical 0.8%
- Other 0.01%
By country
- United States 96%
- Australia 2.0%
- Netherlands 1.2%
- Cayman Islands 0.6%
- Other countries 0.09%
By company size
- Mega cap 16%
- Large cap 57%
- Mid cap 26%
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.
Largest sector: Technology (90%). Largest country: United States (96%). Largest size group: Large cap (57%).
What does it cost me?
Expensive- A year from $10,000
- $60.00
- Over 20 years
- $2,873
From every $10,000 invested the fund takes $60.00 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 $2,873.
How has it done?
Growing over the long run- A year on average, 10 years
- +19%
- Deepest drop
- -39%
- Yearly volatility
- 27%
Average yearly growth over the last ten years: 19%. Deepest drop in these years: 39% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.00%
- Payments a year
- 1
- Last payment
- $0.01
Over the last 12 months it paid $0.01 per share, which is 0.00% of today's price. The last payment was $0.01 on Sep 25, 2025.
Is it easy to buy and sell?
Very easy- Traded a day
- $28.0M
- Shares a day
- 130K
On an average day about $28.0M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 22.4
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 13%
- Fairly valued 9.6%
- Overvalued 77%
On average the companies inside trade for 22.4 times their yearly profit. By Fair Price, 77% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 66% 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 | ||
|---|---|---|---|---|---|---|
FH FHQ.TO First Trust AlphaDEX U.S. Technology Sector Index ETF | Canada | 0.70% | $26.2M | +34% | Reinvests | 98% |
RS RSPT Invesco S&P 500 Equal Weight Technology ETF | United States | 0.40% | $4.29B | +41% | Pays out | 43% |
IY IYW iShares U.S. Technology ETF | United States | 0.37% | $24.4B | +27% | Pays out | 31% |
JT JTEK JPMorgan U.S. Tech Leaders ETF | United States | 0.65% | $4.44B | +6.3% | Reinvests | 30% |
IG IGM iShares Expanded Tech Sector ETF | United States | 0.37% | $10.8B | +24% | Pays out | 29% |
WT WTEJ.DE WisdomTree Cloud Computing UCITS ETF - USD Acc | Ireland | 0.40% | $413.9M | +27% | Reinvests | 29% |