Rule 497(k)
File No. 333-140895
First Trust
Exchange-Traded AlphaDEX® Fund
|
Ticker Symbol:
|
FXH
|
Exchange:
|
NYSE Arca, Inc.
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
Management Fees
|
0.50%
|
Distribution and Service (12b-1) Fees
|
0.00%
|
Other Expenses
|
0.12%
|
Total Annual Fund Operating Expenses
|
0.62%
|
Fee Waiver and Expense Reimbursement(1)
|
0.00%
|
Net Annual Fund Operating Expenses
|
0.62%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$63
|
$199
|
$346
|
$774
|
|
Return
|
Period Ended
|
Best Quarter
|
22.21%
|
June 30, 2020
|
Worst Quarter
|
-18.80%
|
December 31, 2018
|
Year-to-Date
|
-10.46%
|
September 30, 2023
|
|
1 Year
|
5 Years
|
10 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
-12.21%
|
9.32%
|
12.82%
|
11.49%
|
5/8/2007
|
Return After Taxes on Distributions
|
-12.28%
|
9.30%
|
12.81%
|
11.46%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
-7.23%
|
7.37%
|
10.77%
|
9.94%
|
|
StrataQuant® Health Care Index (reflects no deduction for
fees, expenses or taxes)
|
-11.62%
|
10.05%
|
13.57%
|
12.28%
|
|
Russell 1000® Index (reflects no deduction for fees,
expenses or taxes)
|
-19.13%
|
9.13%
|
12.37%
|
8.29%
|
|
S&P 500® Health Care Index (reflects no deduction for fees,
expenses or taxes)
|
-1.95%
|
12.53%
|
15.05%
|
10.83%
|
|
Russell 1000® Health Care Index(1) (reflects no deduction
for fees, expenses or taxes)
|
-4.01%
|
12.39%
|
15.09%
|
N/A
|
|
Russell 3000® Index (reflects no deduction for fees,
expenses or taxes)
|
8.38%
|
10.23%
|
10.52%
|
8.31%
|
|
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