Should You Invest in the First Trust Energy AlphaDEX ETF (FXN)?

The First Trust Energy AlphaDEX ETF (FXN) is a passively managed energy sector ETF with $372.29 million in assets and a 0.63% expense ratio. The fund has gained 39.5% over the past year with a beta of 0.55 but carries high risk with a 25.3% standard deviation. It holds a Zacks ETF Rank of 2 (Buy) and is concentrated in energy stocks with top holdings including HF Sinclair Corp., APA Corporation, and Devon Energy Corporation.