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Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?

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The First Trust Mid Cap Growth AlphaDEX ETF (FNY) launched on 04/19/2011. It is a smart-beta ETF that provides broad exposure to the Style Box - Mid Cap Growth segment via AlphaDEX rules-based weighting. The note is purely descriptive and contains no performance, AUM, holdings, or guidance data for investment impact analysis.

Analysis

The First Trust Mid Cap Growth AlphaDEX ETF (FNY) launched on 04/19/2011. It is a smart-beta ETF that provides broad exposure to the Style Box - Mid Cap Growth segment via AlphaDEX rules-based weighting. The note is purely descriptive and contains no performance, AUM, holdings, or guidance data for investment impact analysis.

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