First Trust Consumer Discretionary AlphaDEX Fund (FXD)

First Trust Consumer Discretionary AlphaDEX Fund (FXD) is an exchange-traded fund in the Consumer Cyclical category. It has $243.36M in assets, an expense ratio of 0.60% and a 0.75% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is a modified equal-dollar weighted index that seeks to objectively identify and select stocks from the Russell 1000® Index in the consumer discretionary sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.