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First Trust Technology AlphaDEX Fund (FXL)

Technology | Exchange Traded Fund | NYSEArca
214.80 USD -4.78 (-2.177%) ⇩ (Aug. 28, 2026, 3:59 p.m. EDT)
After hours: 225.66 +10.86 (5.056%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 4:41 a.m. EDT

The technology sector ETF is showing a classic 'bull flag' pattern, having rallied nearly 35% over the last two weeks to test resistance near its 52-week high. While the statistical forecast model suggests a flat or slightly negative bias for the next 45 days, this appears to be a false signal given the overwhelming options flow; traders are buying deep out-of-the-money calls with zero hedging via puts, signaling aggressive speculation on further upside. Fundamentally, the asset is a strong buy for the long term, boasting a 346% cumulative gain over nine years with no recent annual declines, though the valuation is stretched at 25x earnings. However, investors should ignore the negligible dividend yield entirely; this is a pure growth vehicle where capital appreciation is the sole driver of returns.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.036079
AutoETS0.036080
MSTL0.036775
AutoTheta0.054875

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 49%
H-stat 1.66
Ljung-Box p 0.000
Jarque-Bera p 0.454
Excess Kurtosis -0.87
Attribute Value
Trailing P/E 25.52

As of Aug. 22, 2026, 4:41 a.m. EDT: Speculators are overwhelmingly bullish, with zero put volume recorded and significant open interest in out-of-the-money calls (strikes 245 and 215). The call skew shows heavy positioning at strikes significantly above the current price, indicating a strong expectation of continued appreciation despite the recent price pullback.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.01% 0.01% 0.15% 0.20%
Dividend History
Date Dividend Yield %
2025-09-25 0.010 0.005986
2024-12-13 0.033 0.021356
2024-09-26 0.018 0.012942
2024-03-21 0.118 0.087265
2023-12-22 0.373 0.290431
2023-09-22 0.027 0.024651
2023-06-27 0.042 0.037234
2023-03-24 0.080 0.079562
2022-12-23 0.077 0.084839
2022-09-23 0.063 0.071203
2022-06-24 0.052 0.052610
2022-03-25 0.118 0.100451
2021-12-23 0.121 0.091674
2021-09-23 0.023 0.017893
2020-06-25 0.020 0.024210
2020-03-26 0.029 0.047339
2019-12-13 0.048 0.067730
2019-09-25 0.062 0.093712
2019-06-14 0.030 0.046729
2019-03-21 0.126 0.191664
2018-12-28 0.057 0.109805
2018-12-18 0.069 0.130484
2018-06-21 0.022 0.037479
2018-03-22 0.022 0.038828
2017-12-21 0.023 0.044231
2017-09-21 0.031 0.065415
2017-06-22 0.041 0.091846
2017-03-23 0.042 0.100986
2016-12-21 0.132 0.342590
2016-09-21 0.144 0.395279
2016-06-22 0.057 0.170761
2016-03-23 0.094 0.291473
2015-12-23 0.075 0.223747
2015-09-23 0.044 0.137974
2014-12-23 0.117 0.333809
2014-09-23 0.039 0.119376
2014-06-24 0.040 0.124805
2014-03-25 0.021 0.067265
2013-12-18 0.022 0.076655
2013-09-20 0.010 0.036536
2013-06-21 0.055 0.229358
2013-03-21 0.010 0.042589
2012-12-21 0.065 0.298576
2012-06-21 0.011 0.054267
2010-12-21 0.006 0.026339
Additional Data
dividendYield 0.0

Info Dump

Attribute Value
All Time High 225.59
All Time Low 8.57
Ask 215.48
Ask Size 1,400
Average Daily Volume10 Day 26,000
Average Daily Volume3 Month 163,484
Average Volume 163,484
Average Volume10Days 26,000
Beta3 Year 1.41
Bid 215.22
Bid Size 1,400
Category Technology
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 218.61
Day Low 214.8
Dividend Yield 0.0
Eps Trailing Twelve Months 8.415698
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 208.7474
Fifty Day Average Change 6.052597
Fifty Day Average Change Percent 0.028994838
Fifty Two Week Change Percent 35.238934
Fifty Two Week High 225.59
Fifty Two Week High Change -10.789993
Fifty Two Week High Change Percent -0.047830105
Fifty Two Week Low 151.62
Fifty Two Week Low Change 63.180008
Fifty Two Week Low Change Percent 0.4166997
Fifty Two Week Range 151.62 - 225.59
First Trade Date Milliseconds 1,178,803,800,000
Five Year Average Return 0.1148046
Full Exchange Name NYSEArca
Fullday Change -4.78
Fullday Change Percent -2.17688
Fullday Price 225.66
Fund Family First Trust
Fund Inception Date 1,178,582,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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 to objectively identify and select stocks from the Russell 1000® Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Long Name First Trust Technology AlphaDEX Fund
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_34336444
Nav Price 219.55
Net Assets 2,569,855,490.0
Net Expense Ratio 0.6
Open 218.62
Post Market Change 10.860001
Post Market Change Percent 5.055866
Post Market Price 225.66
Post Market Time 1,787,961,537
Previous Close 219.58
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -4.78
Regular Market Change Percent -2.17688
Regular Market Day High 218.61
Regular Market Day Low 214.8
Regular Market Day Range 214.8 - 218.61
Regular Market Open 218.62
Regular Market Previous Close 219.58
Regular Market Price 214.8
Regular Market Time 1,787,947,184
Regular Market Volume 14,655
Short Name First Trust Technology AlphaDEX
Source Interval 15
Symbol FXL
Three Year Average Return 0.2541374
Total Assets 2,569,855,488
Tradeable 0
Trailing P E 25.52373
Trailing Peg Ratio None
Trailing Three Month Nav Returns 7.65792
Trailing Three Month Returns 7.65792
Triggerable 1
Two Hundred Day Average 184.49275
Two Hundred Day Average Change 30.307251
Two Hundred Day Average Change Percent 0.1642734
Type Disp ETF
Volume 14,655
Yield 0.0
Ytd Return 18.87376