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Should You Invest in the First Trust Technology AlphaDEX ETF (FXL)?

Zacks Investment Research·
Should You Invest in the First Trust Technology AlphaDEX ETF (FXL)?

The article provides an in-depth analysis of the First Trust Technology AlphaDEX ETF (FXL), a passively managed technology sector ETF with $2.73 billion in assets. FXL has gained 25.61% year-to-date and 26.16% over the past year, with a 0.6% expense ratio. The fund holds 111 stocks with heavy allocation to Information Technology (85.3%), and is compared to alternatives like State Street's XLK and Vanguard's VGT, which offer lower expense ratios of 0.08% and 0.09% respectively.

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