First Trust Financials AlphaDEX Fund (FXO) is a financial sector ETF. As of October 28, 2026, ETF Copilot scores FXO 4.1 out of 10 — highest on Return (6.3), lowest on Growth (1.6). It trades at 10.5 times earnings, against its own median of 11.8. Its ten largest holdings are 18% of the fund.
What stands out in FXO's data
U.S. financials stocks, selected by a multi-factor value screen.
Earns a wider margin on its revenue than most financials peers — more of each dollar stays as profit.
EBITDA margin of 59.5% runs ahead of most peers, well above the category median of 33.3% and the fund's own 53.4% historical norm.
A value tilt on financials, built for portfolios that accept lower profitability for cheaper entry.
How is FXO rated? ETF Copilot scores First Trust Financials AlphaDEX Fund (FXO) 4.1 out of 10
As of October 28, 2026, ETF Copilot scores First Trust Financials AlphaDEX Fund (FXO) 4.1 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.1 / 10
- Growth: 1.6 / 10
- Value: 6.0 / 10
- Risk: 3.5 / 10
- Quality: 3.4 / 10
- Return: 6.3 / 10
Is FXO expensive right now? It trades at 10.5 times earnings, against its own median of 11.8
As of October 28, 2026, FXO is cheaper than 63% of its own last 9 years.
Trailing 12 months, built from FXO's holdings. How we calculate this →
What's inside FXO?
What's inside FXO: Size (Large 25%, Mid 68%, Small 7%); Geography (International 13%, US 87%); Tech 0.7%.
What are FXO's top holdings? The ten largest are 18% of the fund
Cincinnati Financial, Allstate, Mgic Investment, Bank, White Mountains Insurance, Hartford Financial Svcs, Berkshire Hathaway, Arch Capital, Axis Capital and Markel are FXO's largest holdings, in that order.
Less concentrated than 89% 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 83 equally weighted holdings.
What is FXO's expense ratio? 0.60% a year
As of October 28, 2026, FXO charges 0.60% a year, yields 2.19% and holds $1.1B in assets across 105 positions.
| Measure | FXO |
|---|---|
| Expense ratio | 0.60% |
| Dividend yield | 2.19% |
| Assets under management | $1.1B |
| Holdings | 105 |
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.
Cite this
ETF Copilot, “First Trust Financials AlphaDEX Fund (FXO) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/fxo
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