FNK ETF

The First Trust Mid Cap Value AlphaDEX ETF (FNK) is an exchange-traded fund that aims to give investors a wide view of the Mid Cap Value part of the US stock market. It was launched on April 19, 2011, and is managed passively.

The First Trust Mid Cap Value AlphaDEX ETF (FNK) was launched on 04/19/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Mid Cap Value category of the market.

FNK has an attractive 10.94x forward P/E that is the lowest among all mid-cap value ETFs. The fund has $224 million in assets under management and a 0.70% expense ratio. While excellent on value, FNK is extremely unbalanced. My ranking system places it near the bottom on growth, quality, and momentum. Since its Index change, FNK has lagged low-cost and better balanced ETFs like IJJ and EZM. It has also lagged RFV, which tracks the S&P MidCap 400 Pure Value Index.

The First Trust Mid Cap Value AlphaDEX ETF (FNK) was launched on 04/19/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Mid Cap Value category of the market.

Designed to provide broad exposure to the Style Box - Mid Cap Value category of the market, the First Trust Mid Cap Value AlphaDEX ETF (FNK) is a smart beta exchange traded fund launched on 04/19/2011.

Looking for broad exposure to the Mid Cap Value segment of the US equity market? You should consider the First Trust Mid Cap Value AlphaDEX ETF (FNK), a passively managed exchange traded fund launched on 04/19/2011.

The First Trust Mid Cap Value AlphaDEX ETF (FNK) made its debut on 04/19/2011, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Mid Cap Value category of the market.

VOE: Currently An Overvalued Choice Among Mid-Cap Value ETFs

Launched on 04/19/2011, the First Trust Mid Cap Value AlphaDEX ETF (FNK) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Value segment of the US equity market.