Is FXO a good investment?

First Trust Financials AlphaDEX Fund (FXO) is a financial sector ETF. As of September 11, 2026, ETF Copilot scores FXO 4.4 out of 10 — highest on Valuation (7.7), lowest on Growth (0.3). It trades at 10.4 times earnings, against its own median of 11.4. Its ten largest holdings are 18% of the fund.

Updated September 11, 2026

How is FXO rated? ETF Copilot scores First Trust Financials AlphaDEX Fund (FXO) 4.4 out of 10

As of September 11, 2026, ETF Copilot scores First Trust Financials AlphaDEX Fund (FXO) 4.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.4 / 10
Growth: 0.3 / 10
Valuation: 7.7 / 10
Risk: 2.3 / 10
Quality: 6.7 / 10
Return: 6.2 / 10

What is FXO's expense ratio? 0.60% a year

As of September 11, 2026, FXO charges 0.60% a year, yields 2.65% and holds $1.1B in assets across 104 positions.

First Trust Financials AlphaDEX Fund (FXO) — cost, income and size
Measure	FXO
Expense ratio	0.60%
Dividend yield	2.65%
Assets under management	$1.1B
Holdings	104

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in FXO's data

U.S. financials stocks, selected by a multi-factor value screen.

Profitability on its capital runs behind most financials peers — the fund's value case must come from price alone.

Return on invested capital of 3.8% trails the 4.4% category median — well below what the fund has historically earned.

A value tilt on financials, built for portfolios that accept lower profitability for cheaper entry.

Why did FXO move this week? It fell 3.1% in the week to September 11, 2026 — Factset Research Systems and Morningstar drove it

FXO fell 3.1% in the week to September 11, 2026. The holdings that moved it most were Factset Research Systems (−17.0%), Morningstar (−11.5%) and Hamilton Lane (−7.2%); Wells Fargo (+1.2%) pushed the other way.

Is FXO expensive right now? It trades at 10.4 times earnings, against its own median of 11.4

As of September 11, 2026, FXO is cheaper than 61% of its own 114 monthly readings since 2017 — 44 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside FXO?

What's inside FXO: Size (Large 25%, Mid 69%, Small 6%); Geography (International 13%, US 87%); Tech 1.5%.

What are FXO's top holdings? The ten largest are 18% of the fund

Marketaxess, Lincoln National, Factset Research Systems, The Travelers, Mgic Investment, Allstate, Central Bancompany, Everest, First American Financial and Hartford Financial Svcs are FXO's largest holdings, in that order.

Less concentrated than 88% of Financials ETFs.

Half of FXO's weight sits in its 33 largest positions, and once those weights are taken into account it behaves like 82 equally weighted holdings.

Cite this

ETF Copilot, “First Trust Financials AlphaDEX Fund (FXO) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/fxo