Published on 22 Apr 2024 on Zacks via Yahoo Finance
Designed to provide broad exposure to the Style Box - Large Cap Value category of the market, the First Trust Large Cap Value AlphaDEX ETF (FTA) is a smart beta exchange traded fund launched on 05/08/2007.
What Are Smart Beta ETFs?
The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.