Investment Test Drive

FTA First Trust Large Cap Val AlphaDEX® ETF

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Fund FTA First Trust Large Cap Val AlphaDEX® ETF RDIV Oppenheimer Ultra Dividend Revenue ETF  
Similarity
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100% 88%
Annual Fees
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$65.50
(0.62% Exp. Ratio)
$41.20
(0.39% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.64% annual return
$43,069.21 $46,162.07
Est. savings over 30 yrs +$3,092.87
Return
As of 12/31/16
1 YR RETURN 23.92%
3 YR 7.22%
5 YR 14.13%
10 YR --
1 YR RETURN 28.51%
3 YR 13.93%
5 YR --
10 YR --
Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Nasdaq AlphaDEX® Large Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
The investment seeks to outperform the total return performance of the S&P 900® Index, the fund's benchmark index. The Advisor attempts to replicate the portfolio of the OFI Revenue Weighted Ultra Dividend Index™. The underlying index is constructed by identifying the top 60 securities from the benchmark index with the highest average of the 1-year trailing dividend yields for the current quarter and each of the past three quarters (excluding securities that have issued a special dividend over that time period). The fund will invest at least 80% of its net assets in the securities of companies included in the benchmark index. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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