FIRST TR L CAP GRW
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$120.29
- Net Assets:$0 Million
- NAV:$121.52
- Premium-1.01%
- Peer Rank:176 of 559
- Investment Rating:B
- Performance:B+
- RiskC+
We rate First Trust Large Cap Gro AlphaDEX at B. Positive factors that influence this rating include a well above average total return, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks very high in comparison with peers over the last three years. The First Trust Large Cap Gro AlphaDEX has returned an annual rate of 9.30% since inception. More recently, the fund has generated a total return of 14.28% in the last five years, 9.32% in the last three years, and 28.97% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 91% of them. It has also outpaced 80% of its competitors on a three year basis and 89% of them over the last year for the period ending 2/29/2024. On a year to date basis, FTC has returned 10.91%.
Downside risk has been below average. FTC has a draw down risk of -28.86%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 21.1%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As FTC is an exchange traded fund, it has no front end or back end load.
The First Trust Large Cap Gro AlphaDEX is managed by David G. McGarel at First Trust Advisors LP. This fund is one of 195 First Trust Advisors LP exchange-traded funds launched since 8/19/2003 that we track.