FNX:NASDAQFirst Trust Mid Cap Core AlphaDEX Fund Analysis
Data as of 2026-09-05 - not real-time
$144.86
Latest Price
3/10Risk
Risk Level: Low
Executive Summary
The moving-average structure behind First Trust Mid Cap Core AlphaDEX Fund is bullish at $144.86, with short-term averages leading the long-term ones. Over a rolling month the price has gained 1.1%. Momentum indicators put RSI at 50.0 (neutral) with MACD reading bearish. Recent trading has carved out support near $142.18 and resistance around $147.98.
The 0.62% expense ratio is middling for its category, and the fund manages $1.38B in assets.
Risk comes out at 3 of a possible 10, a low reading. With 30-day volatility of 11.8%, a beta of 0.95 and a maximum drawdown of 9.4%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — buy short-term against hold longer out, with 3/10 conviction on the long call.
The 0.62% expense ratio is middling for its category, and the fund manages $1.38B in assets.
Risk comes out at 3 of a possible 10, a low reading. With 30-day volatility of 11.8%, a beta of 0.95 and a maximum drawdown of 9.4%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — buy short-term against hold longer out, with 3/10 conviction on the long call.
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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 136.26
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 136.26
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 11.8%
- Beta of 0.95 versus the benchmark
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.62%
AUM$1.4B
Inception Date2007-05-08
Avg Daily Volume7,280
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.81%
Technical Analysis
TrendBullish
RSI50.0
Support$142.18
Resistance$147.98
MA 20$145.54
MA 50$144.63
MA 200$136.26
MACDBearish
VolumeDecreasing
Fear & Greed Index95.48
Risk Assessment
Beta0.95
Volatility11.75%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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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.