Is First Trust Multi Cap Growth AlphaDEX ETF (FAD) a Strong ETF Right Now?
Zacks Equity Research, 14 December 2020
The First Trust Multi Cap Growth AlphaDEX ETF (FAD) made its debut on 05/08/2007, and is a smart beta exchange traded fund that provides broad exposure to the Style Box – All Cap Growth category of the market.
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.