ATLASFirst Trust Energy AlphaDEX Fund (FXN): outlook, holdings and fees
First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.58% and the yield is 1.88%. The ten largest holdings are 41% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FXN
| Last price | $24.30 (-2.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $23.40 – $25.40 |
| Normal 1-day range (±1σ) | ±1.4% |
| Distribution yield | 1.88% |
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.
FXN fund facts
| Issuer | First Trust |
|---|---|
| Theme | Energy |
| Assets under management | $385M |
| Expense ratio | 0.58% |
| Number of holdings | 39 |
| 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 energy sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
FXN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Marathon Petroleum Corp MPC | Energy | 4.39% |
| Valero Energy Corporation VLO | Energy | 4.20% |
| Range Resources Corp RRC | Energy | 4.20% |
| Phillips 66 PSX | Energy | 4.41% |
| Antero Resources Corp AR | Energy | 4.37% |
| Chord Energy Corp CHRD | Energy | 4.29% |
| Chesapeake Energy Corporation CHK | Energy | 4.16% |
| First Solar Inc FSLR | Technology | 3.77% |
| HF Sinclair Corp DINO | Energy | 3.66% |
| Ovintiv Inc OVV | Energy | 3.40% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FXN sector breakdown
| Sector | Weight |
|---|---|
| Energy | 91.8% |
| Technology | 6.6% |
| Utilities | 0.9% |
| Industrials | 0.7% |
By region: North America 100.0%.
FXN returns and risk
| Year to date | +50.1% |
|---|---|
| 1 year | +58.3% |
| 3 years (annualised) | +12.6% |
| 5 years (annualised) | +16.4% |
| 10 years (annualised) | +6.9% |
| Volatility (3 years) | 22.2% |
| Sharpe ratio (3 years) | 0.36 |
Past returns do not guarantee future results.
FXN: frequently asked questions
What does FXN invest in?
First Trust Energy AlphaDEX Fund invests in a portfolio of securities. Its largest holdings are Marathon Petroleum Corp (4.4%), Valero Energy Corporation (4.2%), Range Resources Corp (4.2%), Phillips 66 (4.4%), Antero Resources Corp (4.4%).
What is the FXN expense ratio?
0.58% a year: about $58.00 for every $10,000 invested.
What is the FXN dividend yield?
1.88%. ATLAS does not hold the exact distribution dates for ETFs.
Will FXN 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 $23.40 to $25.40 from $24.30 today. It is a probability, not a prediction.
How has FXN performed?
Year to date +50.1%, one year +58.3%, three years +12.6% a year, five years +16.4% a year. Past returns do not guarantee future results.
Similar ETFs: Energy
Educational information, not investment advice. Disclaimer