First Trust Utilities AlphaDEX Fund
FXU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- May 8, 2007
- CIK
- 0001383496
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Utilities AlphaDEX Fund (FXU) is an exchange-traded fund managed by First Trust Advisors LP that seeks investment results corresponding generally to the price and yield, before the fund's fees and expenses, of the StrataQuant Utilities Index. The fund normally invests at least 90% of its net assets, including investment borrowings, in the securities that comprise the index, a modified equal-dollar weighted benchmark designed to objectively identify and select stocks from the Russell 1000 Index in the utilities sector that may generate positive alpha relative to traditional passive-style indices through the proprietary AlphaDEX selection methodology. It holds a tiered, equal-weighted portfolio of approximately 43 large- and mid-cap U.S. utility firms, selected and weighted based on growth and value metrics; top holdings as of late 2025 include PG&E Corporation (PCG; 4.50%), Vistra Corp. (VST; 4.28%), MDU Resources Group, Inc. (MDU; 4.21%), Exelon Corporation (EXC; 4.21%), and NRG Energy, Inc. (NRG; 4.20%), representing about 40.45% of total assets under management of approximately $1.77 billion. The fund provides exposure to electric, multi-, gas, water, and independent power producers across the U.S. utilities sector, paying quarterly dividends with a trailing twelve-month yield of 2.06% and an expense ratio of 0.64%. Launched on May 8, 2007 and domiciled in the United States with administrative operations tied to First Trust Advisors LP in Wheaton, Illinois, FXU targets investors seeking sector-specific equity exposure with enhanced alpha potential relative to cap-weighted benchmarks like the Russell 1000 Utilities Index. In recent periods through 2025, the fund has benefited from heightened investor interest in utilities amid rising power demand from data centers, electrification trends, and AI infrastructure growth, leading to a one-year total return of 25.37% and a 52-week high of $46.91. Hedge fund activity in the third quarter of 2025 showed notable increases, with holdings rising 18% to 196 funds, new positions opened by 40 investors, and top buyers including Morgan Stanley (+$32.5 million) and LPL Financial (+$22.2 million), alongside overall capital invested at $1.45 billion despite some reductions. Recent analyses highlight FXU's positioning for sustained growth through top holdings' pivots to clean energy and ESG-aligned strategies, though it faces pressures from interest rate sensitivity and dividend adjustments.