Published on 23 Apr 2024 on Zacks via Yahoo Finance
Launched on 05/08/2007, the First Trust Energy AlphaDEX ETF (FXN) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Broad segment of the equity market.
While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.