First Trust Large Etf Profile
| FEX Etf | USD 121.81 0.03 0.02% |
Performance Mild
| Odds Of Distress Low
|
First Trust Large currently trades at $121.81, posting an 0.02% increase in today's market action with an intraday range between $121.78 and $121.81. First Trust carries a 9% probability of financial distress over the medium term. Over the last 90 trading days, it has produced modest risk-adjusted performance. The performance scores are derived for the period from December 19, 2025 through March 19, 2026. Learn more.
Moving together with First Etf
Moving against First Etf
Etf Highlights
First Trust Large [FEX] is traded in USA. The fund is classified under the Large Blend category within the First Trust family. The entity is thematically classified as Size And Style ETFs. First Trust Large currently has 974.12 M in assets under management (AUM). The total return for the last 3 years is 18.2%. First Trust financial stability analysisGeographic Allocation (%)
Open Interest Against 2026-06-18 First Option Contracts
Current option-chain data for First Trust Large covers the June 18th 2026 expiration. The chain lists 20 contracts (10 calls and 10 puts). At a glance, metrics point to implied volatility near 0.36. Strike-level open interest is available in the full chain. View more details.Changes in First Trust's outstanding option contracts may reflect adjustments in market positioning strategies.
Notable Updates
| Thematic Ideas | (View all Themes) |
| Old Name | First Trust Exchange-Traded AlphaDEX Fund - First Trust Large Cap Core AlphaDEX Fund |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2007-05-08 |
| Benchmark | Nasdaq AlphaDEX Large Cap Core Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.41 Billion |
| Average Trading Volume | 17,208.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Daniel J. Lindquist, Jon Erickson David McGarel, RogerTestin, Stan Ueland, Chris Peterson, Erik Russo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Jul |
| Exchange | NASDAQ |
| Number of Constituents | 376 |
| Market Maker | Latour Trading |
| Total Expense | 0.58 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 2.67 |
| Name | First Trust Large Cap Core AlphaDEX Fund |
| Currency Code | USD |
| Open Figi | BBG000R6D2Y0 |
| In Threey Volatility | 13.68 |
| 1y Volatility | 9.23 |
| 200 Day M A | 116.9 |
| 50 Day M A | 124.46 |
| Code | FEX |
| Updated At | 19th of March 2026 |
| Currency Name | US Dollar |
Sector Allocation
Portfolio diversification across sectors increases the chance of positive outcomes and helps investors avoid concentrated losses. However, broad sector allocation in First Etf typically reduces expected return.
Investors looking to tilt their portfolios toward specific sectors can use ETFs like First Trust Large Etf as a cost-effective tool. Sector ETFs offer a practical diversification strategy. However, concentration limits apply: no single industry sector should exceed 20% of total stock.
Top Holders
| APSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation | |
| DWTFX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation | |
| DWTNX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation | |
| DWTTX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation | |
| IPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation |
Common Risk Profiles
Most analysts and investors apply the Capital Asset Pricing Model (CAPM) to determine an appropriate return expectation for First Trust. The risk-reward tradeoff central to CAPM is quantified through alpha and beta measures.
| Mean Deviation | 0.5889 | |||
| Semi Deviation | 0.783 | |||
| Standard Deviation | 0.7661 | |||
| Variance | 0.5869 |
Technical Analysis
Transformation |
This analysis covers sixty-one data points across the selected time horizon. First Trust Large Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First Trust price patterns.
First Trust Large Against Markets
Etf Analysis Notes
First Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 376 constituents with avarage daily trading value of 17.2 K. The fund charges 0.5 percent management fee with a total expences of 0.58 percent of total asset. The fund generated a five-year return of 10.0%. First Trust Large retains 99.48% of assets under management (AUM) in equities. This fund's last dividend was $0.215 per share. First Trust Large (FEX) recorded $974.1 million in Total Assets and an ETF Asset Type of Equity.Investor Insights and Alerts
A concise alert layer for First Trust Large can improve discipline because it turns scattered risk signals into a more reviewable checklist. That review process tends to work best when investors combine the alerts with fundamentals, price behavior, and the broader macro backdrop.
| Latest headline from kalkinemedia.com: Hidden Corners of the ASX Stock Market Drawing Fresh Attention | |
| The fund retains 99.48% of its assets under management (AUM) in equities |
Thematic Classifications
Thematic classifications around First Trust Large help investors move from one security idea to a broader portfolio idea with a clearer economic narrative. This creates a better bridge between security selection, portfolio construction, and risk-adjusted return targeting.
 | Size And Style ETFsUSA ETFs from Size And Style clasification | |
| Large Cap ETFsUSA ETFs from Large Cap clasification |
Top First Trust Large Etf Constituents
| BG | Bunge Limited | Stock | |
| MU | Micron Technology | Stock | |
| OKE | ONEOK Inc | Stock | |
| LEN | Lennar | Stock | |
| AMZN | Amazon Inc | Stock | |
| REGN | Regeneron Pharmaceuticals | Stock | |
| SJM | The J M | Stock | |
| ATUS | Altice USA | Stock | |
| ROKU | Roku Inc | Stock | |
| LYB | LyondellBasell Industries NV | Stock | |
| RNG | Ringcentral | Stock | |
| ALLY | Ally Financial | Stock | |
| GME | GameStop Corp | Stock | |
| MCK | McKesson | Stock | |
| COF | Capital One Financial | Stock | |
| OXY | Occidental Petroleum | Stock | |
| LYV | Live Nation Entertainment | Stock | |
| PCAR | PACCAR Inc | Stock | |
| ORLY | OReilly Automotive | Stock | |
| LEA | Lear Corporation | Stock | |
| CINF | Cincinnati Financial | Stock | |
| APTV | Aptiv PLC | Stock | |
| ALGN | Align Technology | Stock | |
| NFLX | Netflix | Etf | |
| CMCSA | Comcast Corp | Stock |
Institutional Etf Holders for First Trust
Ownership mix should still be evaluated through filings, holder turnover, and governance disclosures. Market-cap data should still be cross-checked with revenue, debt, and cash-flow quality. Institutional activity around First Trust Large helps set the liquidity and governance picture. Share-count trends should still be monitored for dilution or capital-structure change. First Trust Large ownership structure should be reviewed with float and volume for realistic liquidity expectations.
| APSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation | |
| DWTFX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation | |
| DWTNX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation | |
| DWTTX | Arrow Dwa Tactical | Mutual Fund | Tactical Allocation | |
| IPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation |
Outstanding Bonds
| FIRST UN P Corp BondUS337358BA27 | View | |
| FIRST UN P Corp BondUS337358BD65 | View | |
| US337358BH79 Corp BondUS337358BH79 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Predictive Daily Indicators
Short-horizon indicators in First Trust Large turn fast-changing price action into clearer risk and execution cues. The best setups combine these signals with strict risk limits, since short-term data can reverse fast when liquidity thins.
Forecast Models
Forecast models for First Trust Large use past prices and returns to estimate how the etf may behave under similar conditions. Forecast models complement fundamental research by showing where price behavior supports or contradicts the thesis.Etf Overview, Methodology & Data Sources
Creation and redemption activity helps align market price with reported NAV over time. The current allocation is approximately 99.0% equities. It is classified under Large Blend within the First Trust family.
Methodology
Unless otherwise specified, data for First Trust Large is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. First Trust Large market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. Indicative intraday values (IIV), where published, may provide additional context for premium or discount behavior relative to reported NAV. Assumptions: This report is built using public fund disclosures, holdings reports, and market data feeds and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Normalization for analytical consistency may introduce small timing offsets. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
First Trust Large may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardMore Resources for First Etf Analysis
Reviewing First Trust Large commonly begins with financial statements and performance trends. Key ratios help frame profitability, efficiency, and growth context for First Trust Large Etf. Outlined below are key reports that provide context for First Trust Large Etf:Review Investing Opportunities to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This reflects a position in First Trust Large across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. First Trust currently shows P/E of 16.49. Investors get more value from First Trust analysis when it is combined with the construction and diversification tools listed below. For First Trust, the analytical tools below add portfolio-level context that single-security review alone cannot provide. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Investors evaluate First Trust Large using market value and book value, each describing different facets of the business. First Trust P/B of 2.16 shows the market assigns a modest premium over accounting equity. The intrinsic value concept focuses on underlying worth, which can diverge from market price and book value. Valuation work aligns these measures into a single context.
Note that First Trust's intrinsic value and market price are different measures derived from different inputs. For First Trust, key inputs include a P/E ratio of 16.49, and a P/B ratio of 2.16. The actual First Trust transaction price is determined by real-time order flow on the exchange.