Premium Access    ETF Search:   

First Trust Multi Cap Value AlphaDEX Fund (FAB) - ETF

     3mo     6mo     1yr
Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Avg Vol19k
52 wk High49.45
52 wk Low41.60
Inception:May 2007
(as of 2015-05-29)
Total Returns:
1 day-0.4%
5 day-2.0%
1 month-2.0%
3 month-0.5%
6 month1.3%
9 month1.3%
1 year4.7%
Compare Funds:
Correlated Group: US Brd Mkt (View cGroup) (All Groups)


Correlated Funds

Most Correlated Inverse/Least Correlated
First Trust Large Cap Value Opportunities AlpFTA0.97Proshares Short Russell 2000RWM-0.82
Guggenheim S&P 500 Pure ValueRPV0.95Direxion Small Cap Bear 3X SharesTZA-0.82
First Trust Mid Cap Core AlphaDEX FundFNX0.94ProShares UltraPro Short Russell2000SRTY-0.83
First Trust Large Cap Core AlphaDEX FundFEX0.94Proshares UltraShort Dow30DXD-0.83
iShares S&P MidCap 400 Value Index FundIJJ0.94ProShares Short Dow 30DOG-0.83
WisdomTree MidCap Earnings FundEZM0.92ProShares UltraPro Short S&P 500SPXU-0.87
Guggenheim ETF TR S&P 500 Eq WghtdRSP0.92Proshares UltraShort S&P500SDS-0.88
PowerShares S&P 500 High Beta ETFSPHB0.92ProShares Short S&P 500SH-0.88
iShares S&P 500 Value Index FundIVE0.92Direxion S&P 500 Bear 3X SharesSPXS-0.88
FlexShares Morningstar U.S. Market Factor Tilt IndTILT0.91Active Bear ETF HDGE-0.89
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2015-05-29.

Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.

Important Disclaimer: The information provided by is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite