(FXN) Energy AlphaDEX Fund - Overview

The First Trust Energy AlphaDEX® Fund (FXN) seeks to allocate at least 90% of its net assets-including any investment borrowings-to securities that compose its underlying index. The index is a modified equal-dollar weighted selection from the Russell 1000® Energy sector, using the AlphaDEX® methodology to target stocks that are expected to deliver alpha versus traditional passive benchmarks.

Key fund metrics (as of February 2026): ticker FXN, an equity-energy ETF domiciled in the USA, with an expense ratio of 0.60% and approximately $540 million in assets under management. The fund’s 30-day turnover sits near 45%, and it currently offers a dividend yield of roughly 1.8%.

Sector-level drivers remain favorable: Brent crude averaged $84 per barrel in the past month, while U.S. crude inventories have slipped by 2.3 million barrels, supporting price strength. OPEC’s ongoing production cuts combined with resilient U.S. shale output are underpinning a projected 3-4% annual growth in global energy demand.

For a deeper dive into the fund’s valuation and risk profile, you might explore ValueRay’s analytics.