Key stats
Fund info
Home page
Inception date
Apr 19, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33737M1027
CUSIP
33737M102
FIGI
BBG001MKMK63
Identifiers
ISIN US33737M1027
FNY uses the AlphaDex methodology to rank and select growth stocks from the S&P 400 Index based on price appreciation, sales to price ratios, and sales growth, and then weights them equally within quintiles. The index rescreens each security twice, by both growth and value characteristics, assigning whatever score is highest as the stock's style score. FNY selects and ranks the top 250 growth stocks for the portfolio, then tiered equal-weighting is applied to the top 75% of securities. Its weighting scheme leads to a perpetual small-cap tilt, which along with sector biases, raises the fund's market risk. The index is reconstituted and rebalanced quarterly. Effective April 8, 2016, the fund switched underlying indexes from the old defined index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Technology Services
Finance
Electronic Technology
Stocks99.91%
Health Technology16.81%
Technology Services14.45%
Finance14.34%
Electronic Technology14.16%
Producer Manufacturing8.29%
Industrial Services6.79%
Consumer Services6.23%
Retail Trade3.78%
Health Services3.51%
Consumer Non-Durables2.55%
Commercial Services2.53%
Consumer Durables2.41%
Transportation1.43%
Non-Energy Minerals1.16%
Communications0.37%
Process Industries0.35%
Distribution Services0.31%
Utilities0.28%
Miscellaneous0.16%
Bonds, Cash & Other0.09%
Cash0.09%
Breakdown by region
North America99.33%
Europe0.67%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
FNY invests in stocks. The fund's major sectors are Health Technology, with 16.81% stocks, and Technology Services, with 14.45% of the basket. The assets are mostly located in the North America region.
FNY top holdings are Zeta Global Holdings Corp. Class A and Okta, Inc. Class A, occupying 1.09% and 1.04% of the portfolio correspondingly.
FNY last dividends amounted to 0.03 USD. The quarter before, the issuer paid 0.14 USD in dividends, which shows a 376.43% decrease.
FNY assets under management is 574.71 M USD. It's fallen 0.89% over the last month.
FNY fund flows account for −77.50 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
FNY shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Apr 19, 2011, and its management style is Passive.
FNY expense ratio is 0.73% meaning you'd have to pay 0.73% of your investment to help manage the fund.
FNY follows the NASDAQ AlphaDEX Mid Cap Growth Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FNY invests in stocks.
FNY price has fallen by −3.28% over the last month, and its yearly performance shows a 5.86% increase. See more dynamics on FNY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.01% over the last month, have fallen by −2.01% over the last month, showed a −6.39% decrease in three-month performance and has increased by 8.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.01% over the last month, have fallen by −2.01% over the last month, showed a −6.39% decrease in three-month performance and has increased by 8.20% in a year.
FNY trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.