FNY:NASDAQFirst Trust Mid Cap Growth AlphaDEX Fund Analysis
Data as of 2026-10-02 - not real-time
$99.22
Latest Price
2/10Risk
Risk Level: Low
Executive Summary
The moving-average structure behind First Trust Mid Cap Growth AlphaDEX Fund is neutral at $99.22, with no clear ordering between short and long averages. It has lost 6.1% over the past 30 days. With RSI at 40.5 the momentum picture is neutral, alongside a bullish MACD signal. Recent trading has carved out support near $98.32 and resistance around $103.41.
The 0.73% expense ratio is middling for its category, and the fund manages $577.9M in assets.
On a 1-10 scale the risk profile lands at 2 — low. With 30-day volatility of 14.5%, a beta of 0.02 and a maximum drawdown of 12.0%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
All three time horizons resolve to hold, carrying 3/10 conviction.
The 0.73% expense ratio is middling for its category, and the fund manages $577.9M in assets.
On a 1-10 scale the risk profile lands at 2 — low. With 30-day volatility of 14.5%, a beta of 0.02 and a maximum drawdown of 12.0%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
All three time horizons resolve to hold, carrying 3/10 conviction.
Top Market Events
Designed to provide broad exposure to the Mid Cap Value segment of the US equity market, the First Trust Mid Cap Value...Yahoo Finance1monShould First Trust Mid Cap Growth AlphaDEX ETF FNY Be on Your Investing Radar?Hosted on MSN28dIs First Trust Mid Cap Value AlphaDEX ETF FNK a strong ETF right now?
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 99.70
- MACD momentum is positive
- 30-day price change of -6.1%
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 99.70
- MACD momentum is positive
- 30-day price change of -6.1%
Long Term
> 3 yearsNeutral
Model confidence: 3/10
Key Factors
- 30-day volatility of 14.5%
- Beta of 0.02 versus the benchmark
- Trading below the 200-day average of 99.70
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.73%
AUM$577.9M
Inception Date2011-04-19
Avg Daily Volume9,310
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendNeutral
RSI40.5
Support$98.32
Resistance$103.41
MA 20$100.18
MA 50$102.77
MA 200$99.70
MACDBullish
VolumeStable
Fear & Greed Index92.16
Risk Assessment
Beta0.02
Volatility14.53%
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.