First Trust Consumer Discretionary AlphaDEX Fund Price & Performance (FXD)

The First Trust Consumer Discretionary AlphaDEX Fund (FXD) has experienced a year-to-date loss of over 9%, reflecting broader challenges in the consumer cyclical sector. Ongoing economic uncertainty and changing consumer habits have contributed to the fund’s negative returns, despite its long-term gains since inception.12

FXD continues to maintain a diversified portfolio, with nearly 100% of assets in U.S. equities and significant exposure to consumer cyclical and communication services sectors. This structure helps mitigate risks, even as individual holdings face volatility due to market and economic pressures.32

Morningstar has given FXD a Neutral rating, highlighting an average management team but expressing concerns over its investment process. While the fund offers cost advantages over peers, its process and performance consistency remain under scrutiny, especially during turbulent market periods.24