ATLASFirst Trust Technology AlphaDEX Fund (FXL): outlook, holdings and fees
First Trust Technology AlphaDEX Fund (FXL) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.59% and the yield is 0.00%. The ten largest holdings are 16% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FXL
| Last price | $212.85 (-0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $203.43 – $223.88 |
| Normal 1-day range (±1σ) | ±1.6% |
| Distribution yield | 0.00% |
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.
FXL fund facts
| Issuer | First Trust |
|---|---|
| Theme | Technology & innovation |
| Assets under management | $2.9B |
| Expense ratio | 0.59% |
| Number of holdings | 50 |
| Portfolio turnover | 0% |
| Inception | May 8, 2007 |
| Exchange | NYSE |
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 a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
FXL top holdings
| Holding | Sector | Weight |
|---|---|---|
| Everpure, Inc. P | Technology | 1.63% |
| Atlassian Corp Plc TEAM | Technology | 1.64% |
| NetApp Inc NTAP | Technology | 1.70% |
| PTC Inc PTC | Technology | 1.61% |
| SentinelOne Inc S | Technology | 1.54% |
| Rubrik, Inc. RBRK | Technology | 1.64% |
| Fortinet Inc FTNT | Technology | 1.55% |
| Dell Technologies Inc DELL | Technology | 1.53% |
| Snowflake Inc. SNOW | Technology | 1.50% |
| Zoom Video Communications Inc ZM | Technology | 1.59% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FXL sector breakdown
| Sector | Weight |
|---|---|
| Technology | 92.6% |
| Communication Services | 3.6% |
| Industrials | 1.7% |
| Consumer Cyclicals | 1.6% |
| Financial Services | 0.5% |
By region: North America 99.8%, Australasia 0.3%.
FXL returns and risk
| Year to date | +36.0% |
|---|---|
| 1 year | +34.6% |
| 3 years (annualised) | +25.9% |
| 5 years (annualised) | +12.7% |
| 10 years (annualised) | +20.4% |
| Volatility (3 years) | 21.5% |
| Sharpe ratio (3 years) | 1.00 |
Past returns do not guarantee future results.
FXL: frequently asked questions
What does FXL invest in?
First Trust Technology AlphaDEX Fund invests in a portfolio of securities. Its largest holdings are Everpure, Inc. (1.6%), Atlassian Corp Plc (1.6%), NetApp Inc (1.7%), PTC Inc (1.6%), SentinelOne Inc (1.5%).
What is the FXL expense ratio?
0.59% a year: about $59.00 for every $10,000 invested.
What is the FXL dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will FXL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $203.43 to $223.88 from $212.85 today. It is a probability, not a prediction.
How has FXL performed?
Year to date +36.0%, one year +34.6%, three years +25.9% a year, five years +12.7% a year. Past returns do not guarantee future results.
Similar ETFs: Technology & innovation
- Vanguard Information Technology ETF (VGT)
- State Street Technology Select Sector SPDR ETF (XLK)
- iShares U.S. Technology ETF (IYW)
- Fidelity MSCI Information Technology Index ETF (FTEC)
- First Trust Nasdaq Cybersecurity ETF (CIBR)
- iShares Expanded Tech-Software Sector ETF (IGV)
- iShares A.I. Innovation and Tech Active ETF (BAI)
- iShares Expanded Tech Sector ETF (IGM)
Educational information, not investment advice. Disclaimer