First Trust Germany AlphaDEX UCITS ETF

First Trust Germany AlphaDEX UCITS ETF is an exchange-traded fund that seeks to replicate the performance of the Nasdaq AlphaDEX Germany Index. This index applies the proprietary AlphaDEX methodology to select large and mid-cap German companies from the Nasdaq Germany Index, focusing on those exhibiting strong fundamental metrics for enhanced returns potential. The ETF invests across diversified sectors, including prominent holdings like Rheinmetall, Deutsche Bank, and Siemens Energy, spanning industries such as industrials, financials, and materials. Domiciled in Ireland and launched in 2016, it features a total expense ratio of 0.65% p.a., currency unhedged exposure in euros, and a quarterly distributing policy with a recent dividend yield around 1.40% to 2.00%. With a modest fund size of approximately 6 million euros, it provides investors targeted access to the German equity market through a rules-based, long-only strategy, emphasizing growth and value stocks without sustainability focus.