26-Apr-2024
No headlines found.
No press releases found.
No news found.
The First Trust Utilities AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before fees and expenses of an equity index called the StrataQuant Utilities Index.
First Trust Utilities Alphadex trades on the ARCA stock market under the symbol FXU.
As of April 26, 2024, FXU stock price declined to $32.34 with 14,907 million shares trading.
FXU has a beta of 0.47, meaning it tends to be less sensitive to market movements. FXU has a correlation of 0.10 to the broad based SPY ETF.
FXU has a market cap of $226.36 million. This is considered a Small Cap stock.
In the last 3 years, FXU stock traded as high as $36.15 and as low as $26.78.
FXU stock has underperformed the market in the last year with a return of +1.1%, while SPY returned +27.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FXU shares. However, FXU has outperformed the market in the last 3 month and 2 week periods, returning +7.6% and +2.5%, while SPY returned +4.6% and -0.5%, respectively. This indicates FXU has been having a stronger performance recently.
FXU support price is $32.37 and resistance is $33.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FXU stock will trade within this expected range on the day.