FNK:NASDAQFirst Trust Mid Cap Value AlphaDEX Fund Analysis
Data as of 2026-08-26 - not real-time
$64.55
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
First Trust Mid Cap Value AlphaDEX Fund trades at $64.55, with its short-term moving averages stacked above the longer-term ones — a bullish trend structure. Over a rolling month the price has gained 4.8%. With RSI at 59.1 the momentum picture is neutral, alongside a bearish MACD signal. Recent trading has carved out support near $63.06 and resistance around $65.11.
The 0.74% expense ratio is middling for its category, and the fund manages $228.1M in assets.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 11.7%, a beta of 0.56 and a maximum drawdown of 9.1%, the drawdown profile is forgiving relative to most of the market. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
The 0.74% expense ratio is middling for its category, and the fund manages $228.1M in assets.
On a 1-10 scale the risk profile lands at 3 — low. With 30-day volatility of 11.7%, a beta of 0.56 and a maximum drawdown of 9.1%, the drawdown profile is forgiving relative to most of the market. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — buy in the near term, hold further out, at 3/10 long-term conviction.
Top Market Events
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Market Outlook
Short Term
< 1 yearPositive
Model confidence: 5/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 59.05
- MACD momentum is negative
Medium Term
1–3 yearsPositive
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 59.05
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Thin trading liquidity raises execution risk
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 11.7%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.74%
AUM$228.1M
Inception Date2011-04-19
Avg Daily Volume4,020
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.43%
Technical Analysis
TrendBullish
RSI59.1
Support$63.06
Resistance$65.11
MA 20$64.30
MA 50$62.71
MA 200$59.05
MACDBearish
VolumeIncreasing
Fear & Greed Index93.39
Risk Assessment
Beta0.56
Volatility11.74%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.