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

Published on 1 May 2024 on Zacks via Yahoo Finance

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

The First Trust Mid Cap Growth AlphaDEX ETF (FNY) was launched on 04/19/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Mid Cap Growth category of the market.

What Are Smart Beta ETFs?

Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.

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

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