First Trust Financials AlphaDEX Fund (FXO) Stock Price, News & Analysis
What Changed
Price Move History
- Daily moves over 5%
- 0 252 sessions, September 24, 2025 to September 24, 2026
- Largest daily move
- -3.7% close of October 16, 2025
- 1-year change
- +3.6% closing prices, September 24, 2025 to September 24, 2026
- 5-year change
- +38.3% closing prices, September 24, 2021 to September 24, 2026
Company Description
The First Trust Financials AlphaDEX Fund (NASDAQ: FXO) is an exchange-traded fund (ETF) that seeks to track the performance of the StrataQuant Financials Index. According to available information, this index is composed of companies from the financial services sector that are selected using the AlphaDEX methodology, which applies fundamental growth and value factors to screen and weight individual stocks.
As an ETF linked to the StrataQuant Financials Index, FXO provides exposure to a basket of financial services companies that meet the index’s selection criteria. The AlphaDEX methodology evaluates stocks on measures related to growth and value, and then uses those evaluations to determine which securities are included in the index and how they are weighted. This rules-based approach is designed to reflect a specific view of fundamental characteristics within the financials universe, rather than simply following a traditional market-capitalization weighting.
In one documented portfolio rebalancing, FXO acquired shares of Freedom Holding Corp. (NASDAQ: FRHC), a financial and technology group, and added them to its holdings. Following that transaction, Freedom Holding became one of the larger positions within the underlying index that FXO tracks. This example illustrates how changes in the StrataQuant Financials Index, driven by the AlphaDEX screening process, can affect the composition of the fund’s portfolio over time.
The fund’s focus on the financial services sector means its holdings are concentrated in companies that operate in areas such as banking, investment services, insurance, and related financial activities, as defined by the index rules. Because FXO is structured to follow a published index, its portfolio is adjusted through scheduled rebalancing events when the index itself is updated based on the AlphaDEX methodology.
Investors researching FXO can use this context to understand that the fund is not actively picking individual securities based on discretionary management. Instead, it is designed to mirror the composition and factor-driven selection process of the StrataQuant Financials Index, with an emphasis on fundamental growth and value characteristics within the financials sector.
Stock Performance
First Trust Financials AlphaDEX Fund (FXO) closed at $61.71 on September 24, 2026. Over the past 12 months, the price has gained 3.6%.
FXO Metrics & Rankings
Price returns through September 24, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
First Trust Financials AlphaDEX Fund has 1 recent news article. Of the recent coverage, 0 articles coincided with positive price movement and 1 with negative movement. View all FXO news →
SEC Filings
First Trust Financials AlphaDEX Fund has filed 1 recent SEC filing, including 1 Form SCHEDULE 13G/A. The most recent filing was submitted on July 23, 2025. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all FXO SEC filings →
Financial Highlights
Upcoming Events
Short Interest History
Short interest in First Trust Financials AlphaDEX Fund (FXO) currently stands at 10.8 thousand shares, down 42.5% from the previous reporting period, representing 0.1% of the shares outstanding. Since September 2025, short interest has decreased by 72.6%.
Days to Cover History
Days to cover for First Trust Financials AlphaDEX Fund (FXO) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.