ATLASFirst Trust Large Cap Core AlphaDEX Fund (FEX): outlook, holdings and fees
First Trust Large Cap Core AlphaDEX Fund (FEX) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.57% and the yield is 1.02%. The ten largest holdings are 5% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FEX
| Last price | $137.63 (-0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $135.55 – $141.22 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 1.02% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FEX fund facts
| Issuer | First Trust |
|---|---|
| Theme | US large caps |
| Assets under management | $1.6B |
| Expense ratio | 0.57% |
| Number of holdings | 50 |
| Portfolio turnover | 91% |
| Inception | May 8, 2007 |
| Exchange | NASDAQ |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select stocks from the NASDAQ US 500 Large Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
FEX top holdings
| Holding | Sector | Weight |
|---|---|---|
| PTC Inc PTC | Technology | 0.61% |
| Everpure, Inc. P | Technology | 0.52% |
| Hewlett Packard Enterprise Co HPE | Technology | 0.49% |
| HF Sinclair Corp DINO | Energy | 0.47% |
| NetApp Inc NTAP | Technology | 0.51% |
| Okta Inc OKTA | Technology | 0.48% |
| Ovintiv Inc OVV | Energy | 0.46% |
| Permian Resources Corporation YZ8 | Energy | 0.49% |
| Dell Technologies Inc DELL | Technology | 0.48% |
| Fortinet Inc FTNT | Technology | 0.48% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FEX sector breakdown
| Sector | Weight |
|---|---|
| Technology | 24.7% |
| Financial Services | 14.6% |
| Healthcare | 11.5% |
| Industrials | 11.4% |
| Consumer Cyclicals | 8.3% |
| Energy | 7.9% |
| Utilities | 7.1% |
| Basic Materials | 4.4% |
| Communication Services | 3.9% |
| Consumer Defensive | 3.8% |
| Real Estate | 2.5% |
By region: North America 98.2%, Europe Developed 1.0%, United Kingdom 0.5%, Asia Emerging 0.3%.
FEX returns and risk
| Year to date | +15.1% |
|---|---|
| 1 year | +20.7% |
| 3 years (annualised) | +20.2% |
| 5 years (annualised) | +10.9% |
| 10 years (annualised) | +13.5% |
| Volatility (3 years) | 13.6% |
| Sharpe ratio (3 years) | 1.03 |
Past returns do not guarantee future results.
FEX: frequently asked questions
What does FEX invest in?
First Trust Large Cap Core AlphaDEX Fund invests in a portfolio of securities. Its largest holdings are PTC Inc (0.6%), Everpure, Inc. (0.5%), Hewlett Packard Enterprise Co (0.5%), HF Sinclair Corp (0.5%), NetApp Inc (0.5%).
What is the FEX expense ratio?
0.57% a year: about $57.00 for every $10,000 invested.
What is the FEX dividend yield?
1.02%. ATLAS does not hold the exact distribution dates for ETFs.
Will FEX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $135.55 to $141.22 from $137.63 today. It is a probability, not a prediction.
How has FEX performed?
Year to date +15.1%, one year +20.7%, three years +20.2% a year, five years +10.9% a year. Past returns do not guarantee future results.
Similar ETFs: US large caps
- Vanguard Total Stock Market ETF (VTI)
- Schwab U.S. Dividend Equity ETF (SCHD)
- iShares Core S&P Total U.S. Stock Market ETF (ITOT)
- Schwab U.S. Large-Cap ETF (SCHX)
- Schwab U.S. Large-Cap Growth ETF (SCHG)
- Vanguard Morningstar Large-Cap ETF (VV)
- Dimensional U.S. Core Equity 2 ETF (DFAC)
- iShares MSCI USA Quality Factor ETF (QUAL)
Educational information, not investment advice. Disclaimer