First Trust Australia AlphaDEX Fund (FAUS) Research
This fund aims to replicate the price and income performance of the NASDAQ AlphaDEX Australia Index, prior to the deduction of its own expenses. Typically, it allocates at least 90% of its total assets, which may include leveraged investments, to the common stocks, depositary receipts, real estate investment trusts (REITs), and preferred shares that make up this index. The NASDAQ AlphaDEX Australia Index itself is designed to pick stocks from the broader NASDAQ Australia Index (its foundational index) that are expected to deliver superior risk-adjusted returns, or "positive alpha," compared to traditional market benchmarks, by employing a specialized AlphaDEX selection methodology.
Market snapshot
- Symbol
- FAUS
- Price
- $27.07
- Day change
- -0.19%
- Market cap
- $2.7M
- 52-week range
- 15.49-31.44
- Sector
- Financial Services
- Industry
- Asset Management
Recent news
- Australia's ASX proposes 25% cap on share issuance in public M&A without shareholder vote
The Australian Securities Exchange will introduce major new changes that cap companies from issuing more than 25% of their existing share capital to fund public takeovers without a shareholder vote, bowing to pressure from investors concerned about becoming diluted in corporate buyouts.
- Sydney's new international airport to welcome first passengers in October
Sydney's new A$5.6 billion ($3.6 billion) airport will open to passengers in October after more than a decade of planning, adding red-eye flight options from Australia's largest city as the existing hub operates under night curfew restrictions.
- Australia's first-quarter economic growth misses estimates on severe weather, weak demand
Australia's GDP expanded 2.5% in the first three months this year, missing expectations. On a quarter-on-quarter basis, Australia's GDP grew 0.3% compared with 0.5% forecast.
Peer companies
- TrimTabs ETF Trust - Donoghue Forlines Tactical High Yield ETF (ABHY)
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- First Trust Canada AlphaDEX Fund (FCAN)
- First Trust Hong Kong AlphaDEX Fund (FHK)
- LGBTQ100 ESG ETF (LGBT)
- Tema ETF Trust - Tema Luxury ETF (LUX)
- Teucrium Aila Long-Short Agriculture Strategy ETF (OAIA)
- AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN)
Open First Trust Australia AlphaDEX Fund (FAUS) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.