Overview
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/time_series
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Description
First Trust Eurozone AlphaDEX ETF is an exchange-traded fund that seeks to deliver investment results corresponding to the price and yield performance of the Nasdaq Eurozone AlphaDEX Index, before fees and expenses. This index employs a proprietary AlphaDEX selection methodology to identify stocks from the NASDAQ Eurozone Index, which tracks float-adjusted market capitalization-weighted securities from Eurozone countries, aiming to generate positive alpha through a rules-based approach combining growth and value factors. Holdings are equal-weighted within tiers and span diverse sectors including industrials, financial services, consumer cyclical, energy, basic materials, utilities, healthcare, consumer defensive, real estate, communication services, and technology, with key positions in companies such as Schneider Electric SE, Airbus SE, and Tenaris S.A. The fund provides targeted exposure to Eurozone equities, focusing on larger capitalization companies across multiple industries while navigating regional economic, political, and currency risks inherent to non-U.S. markets. Launched in 2014, it offers investors a structured vehicle for accessing Eurozone market opportunities through a differentiated index strategy.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Netherlands
MIC code
XAMS