(FXO) Financials AlphaDEX Fund - Overview
ETF Category: Financial | Exchange: NYSE ARCA (USA) | Market Cap: 1.028m USD | Total Return: 14.4% in 12m
Avg Turnover: 3.28M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The First Trust Financials AlphaDEX® Fund (FXO) is an exchange-traded fund that allocates at least 90% of its net assets to securities within the Russell 1000® Financial Services Index. Unlike traditional market-cap weighted funds, FXO utilizes the AlphaDEX® selection methodology, a quantitative system designed to identify stocks with the potential for risk-adjusted outperformance, or alpha.
The financial services sector encompasses a broad range of business models, including commercial banking, asset management, and insurance underwriting. These firms primarily generate revenue through net interest margins-the difference between interest earned on assets and interest paid on liabilities-and fee-based services for fiduciary or advisory roles.
Investors can evaluate the underlying valuation metrics of this index by reviewing the comprehensive data available on ValueRay.
- Rising interest rates expand net interest margins for underlying banking holdings
- Financial sector earnings growth drives AlphaDEX quantitative selection methodology performance
- Federal Reserve monetary policy shifts impact valuations of Russell 1000 financial constituents
- Capital market volatility influences investment banking and asset management fee revenue
- Regulatory changes to banking capital requirements affect dividend and buyback capacity
As of May 23, 2026, the stock is trading at USD 59.42 with a total of 43,262 shares traded.
Over the past week, the price has changed by +1.82%,
over one month by -0.78%,
over three months by +1.87% and
over the past year by +14.39%.
Financials AlphaDEX Fund has no consensus analysts rating.