(FXL) Technology AlphaDEX Fund - Overview
Etf: Software, Hardware, Semiconductors, Communications, Internet
Dividends
| Dividend Yield | 0.01% |
| Yield on Cost 5y | 0.01% |
| Yield CAGR 5y | -48.67% |
| Payout Consistency | 76.1% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 29.0% |
| Relative Tail Risk | 5.79% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.24 |
| Alpha | -13.19 |
| Character TTM | |
|---|---|
| Beta | 1.348 |
| Beta Downside | 1.319 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.27% |
| CAGR/Max DD | 0.64 |
Description: FXL Technology AlphaDEX Fund January 16, 2026
The First Trust Technology AlphaDEX® Fund (FXL) commits at least 90 % of its net assets-including any investment borrowings-to the securities that make up its underlying index. That index is a modified equal-dollar weighted selection from the Russell 1000® Technology universe, using the AlphaDEX® methodology to target stocks that could deliver positive alpha versus traditional passive technology benchmarks.
Key metrics to watch: the fund’s expense ratio sits around 0.60 %, and its top holdings typically include mega-caps such as Apple, Microsoft, and Nvidia, together accounting for roughly 30 % of assets. Sector allocations skew heavily toward software & services (≈45 %) and semiconductors (≈35 %), sectors that are being propelled by sustained AI-related capital spending and global chip demand-drivers that have helped the fund post a 12-month trailing return near 15 % versus the Nasdaq’s ~12 % over the same period.
If you want a more granular, data-driven view of FXL’s risk-adjusted performance, a quick look at ValueRay could be informative.
What is the price of FXL shares?
Over the past week, the price has changed by -1.26%, over one month by -2.08%, over three months by -2.08% and over the past year by +6.58%.
Is FXL a buy, sell or hold?
What are the forecasts/targets for the FXL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 187.7 | 11% |
FXL Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.45b USD (1.45b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.45b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.45b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.88% (E(1.45b)/V(1.45b) * Re(10.88%) + (debt-free company))
Discount Rate = 10.88% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)