First Trust Technology AlphaDEX Fund
U.S. stock index ETF · tracks StrataQuant Technology Index
The First Trust Technology AlphaDEX Fund (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the StrataQuant Technology Index (the Index ).
The fund tracks the StrataQuant Technology Index, a modified equal-dollar weighted index that selects technology stocks from the Russell 1000 based on growth and value factors using the AlphaDEX methodology, which aims to identify securities with potential for positive risk-adjusted returns. The index ranks stocks by these factors, divides them into quintiles within the technology sector, and weights higher-scoring quintiles more heavily; the fund holds the index constituents and rebalances quarterly. Because the index is reconstituted and rebalanced quarterly, the fund experiences higher portfolio turnover. The fund is concentrated in the technology sector to the extent the index is concentrated.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
2.39% | $35.50M | 215.0K | $165.15 | |
2.19% | $32.60M | 63.0K | $517.16 | |
2.12% | $31.44M | 19.5K | $1,614.41 | |
1.90% | $28.27M | 79.8K | $354.49 | |
1.88% | $27.91M | 85.0K | $328.49 | |
1.88% | $27.90M | 397.6K | $70.17 | |
1.82% | $27.11M | 129.7K | $208.95 | |
JBLJABIL INC | 1.82% | $27.05M | 80.2K | $337.49 |
1.82% | $27.00M | 95.9K | $281.61 | |
1.73% | $25.73M | 264.9K | $97.15 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 105 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.99% |
| Cash & short-term | 0.07% |
By sector
- Information Technology
- 82.0%
- Industrials
- 9.0%
- International
- 3.5%
- Communication Services
- 2.8%
- 5 other sectors
- 2.7%
- Information Technology
- 82.0%
- Industrials
- 9.0%
- International
- 3.5%
- Communication Services
- 2.8%
- Financials
- 1.1%
- Other
- 0.6%
- Consumer Staples
- 0.6%
- Consumer Discretionary
- 0.3%
- Cash
- 0.1%
How it has done
FXL share class · total returns with dividends reinvested
Volatility over the last 12 months: 20.85%. Past returns are a record, not a forecast.
May 2026 and Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
First Trust Technology AlphaDEX Fund is a U.S. equity index ETF that tracks the StrataQuant Technology Index. 24% of FXL’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.60%· FXL 0.60%
- Portfolio turnover
- 104.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
27 new· the largest 8
20 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FXL, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”