Should You Invest in the First Trust Financials AlphaDEX ETF (FXO)?

Looking for broad exposure to the Financials - Broad segment of the equity market? You should consider the First Trust Financials AlphaDEX ETF (FXO), a passively managed exchange traded fund launched on May 8, 2007.

Zacks Investment Research • Dec 11, 2025

Is First Trust Financials AlphaDEX ETF (FXO) a Strong ETF Right Now?

Launched on 05/08/2007, the First Trust Financials AlphaDEX ETF (FXO) is a smart beta exchange traded fund offering broad exposure to the Financials ETFs category of the market.

Zacks Investment Research • Oct 27, 2025

First Trust Financials AlphaDEX becomes the largest shareholders of Freedom Holding after Timur Turlov

NEW YORK , July 7, 2025 /PRNewswire/ -- As part of its scheduled portfolio rebalancing, the First Trust Financials AlphaDEX Fund (NASDAQ: FXO) acquired 185,000 shares of Freedom Holding Corp. (NASDAQ: FRHC), adding them to its portfolio. As a result of this transaction, the fund has become the second largest shareholder of the company, following its founder and CEO, Timur Turlov.

PRNewsWire • Jul 7, 2025

FXO: A Curated Financials Sector Fund

The financial sector has underperformed since the Great Financial Crisis, but may have promise due to value outperforming growth in the future. First Trust Financials AlphaDEX® Fund is a quantitatively oriented fund with equal-weighted stocks selected based on growth and value factors. FXO includes a diverse range of companies in the financial sector, with strong valuation metrics and potential for diversification benefits, but may be impacted by regulatory changes and economic downturns.

Seeking Alpha • Jun 30, 2024

2 ETFs to Watch for Outsized Volume on World Equities & Banks

Two ETFs GWX and FXO traded with an outsized volume on Oct 10, 2023.

Zacks Investment Research • Oct 11, 2023

FXO: Leverage The Equal-Weighted Strategy Amid Low Consumer Sentiment

First Trust Financials AlphaDEX Fund ETF demonstrates strong long-term performance, with a total return of 55% in the past 3 years and 33% in the past 5 years. The fund suffers from higher volatility, turnover, and expenses compared to its peers, but its equal-weighted approach and broad portfolio can reduce concentration risk. The financial sector is grappling with lower consumer confidence following recent bank failures. However, the FDIC is actively implementing measures to rebuild this.

Seeking Alpha • Jun 22, 2023

Regional Banking Concerns Produce Financial Services ETF Outflows

Lipper Financial Services ETFs recorded their largest weekly outflow of the year over the past fund flows week (-$1.4 billion). On top of the bank failures, market participants are worried about the largest U.S. banks gaining an increasing market share by allowing them to take over the smaller regional institutions.

Seeking Alpha • May 16, 2023

Financials Remain in Focus but Not All ETFs Are the Same

Though financials are 13% of the SPDR S&P 500 ETF (SPY), roughly half the size of the information technology sector, it has been the focus throughout March.

ETF Trends • Mar 27, 2023

U.S. Weekly FundFlows Insight Report: Conventional Municipal Bond Funds Record Sixth Straight Weekly Inflow

During Refinitiv Lipper's fund flows week that ended February 13, 2023, investors were overall net purchasers of fund assets for the first week in three, adding a net of $5.6 billion. Exchange-traded equity funds recorded $783 million in weekly net inflows, marking the fourth straight week of inflows.

Seeking Alpha • Feb 18, 2023

5 ETFs That Saw Capital Inflows Last Week

Overall, ETFs pulled out $5.3 billion in capital in the week ended Feb 10.

Zacks Investment Research • Feb 14, 2023