The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of the Nasdaq AlphaDEX(R) Multi Cap Growth 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 growth stocks from the NASDAQ US 500 Large Cap Index, NASDAQ US 600 Mid Cap Index and NASDAQ US 700 Small Cap Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX(R) selection methodology.
Inception Date: 08/05/2007
Primary Benchmark: NASDAQ AlphaDEX(R) Multi-C Growth TR USD
Primary Index: S&P 500 TR USD
Gross Expense Ratio: 0.7%
Management Expense Ratio: 0.70 %
|AMD||Advanced Micro Devices Inc.||0.54 %|
|XLNX||Xilinx Inc.||0.54 %|
|NOW||ServiceNow Inc.||0.51 %|
|CMG||Chipotle Mexican Grill Inc.||0.50 %|
|ULTA||Ulta Beauty Inc.||0.49 %|
|SPLK||Splunk Inc.||0.49 %|
|WDAY||Workday Inc.||0.47 %|
|HCA||HCA Healthcare Inc.||0.46 %|
|PGR||Progressive Corporation (The)||0.46 %|
|FV||First Trust Dorsey Wright Focu..||0.30 %||
|PDP||Invesco DWA Momentum ETF||0.63 %||
|FNY||First Trust Mid Cap Growth Alp..||0.70 %||
|DWTR||Invesco DWA Tactical Sector Ro..||0.15 %||
|DWAQ||Invesco DWA NASDAQ Momentum ET..||0.60 %||
|DWLV||Invesco DWA Momentum & Low Vol..||0.15 %||
|JSMD||Janus Henderson Small/Mid Cap ..||0.50 %||
|Market Performance vs.
Industry/Classification (Mid-Cap Growth)
|Market Performance vs. Exchange (NASDAQ Global Market)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||10.40%||75%||C||86%||B|
|Risk Adjusted Return||112.34%||100%||A+||92%||A-|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.
There is nothing we particularly dislike