FDT ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

The First Trust Developed Markets ex-US AlphaDEX Fund (FDT) is an international equity ETF with $1.09 billion in assets under management.

It aims to track the Nasdaq AlphaDEX Developed Markets Ex-US Index, employing a unique stock selection process based on growth and value factors. FDT's expense ratio is 0.80%. The fund offers exposure to developed markets outside the U.S., potentially diversifying a portfolio, but investors should consider its higher expense ratio and sector concentrations.

First Trust Developed Markets ex-US AlphaDEX Fund (FDT) ETF — Price, Holdings & Analysis

The First Trust Developed Markets ex-US AlphaDEX Fund (FDT) is an international equity ETF with $1.09 billion in assets under management. It aims to track the Nasdaq AlphaDEX Developed Markets Ex-US Index, employing a unique stock selection process based on growth and value factors. FDT's expense ratio is 0.80%. The fund offers exposure to developed markets outside the U.S., potentially diversifying a portfolio, but its higher expense ratio and sector concentrations may be worth researching.

ETF Overview

The First Trust Developed Markets ex-US AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the Nasdaq AlphaDEX Developed Markets Ex-US Index.

FDT seeks to replicate the Nasdaq AlphaDEX Developed Markets Ex-US Index, which employs a methodology that selects and weights stocks based on both growth and value factors. This approach aims to identify companies with strong potential for capital appreciation. The fund's holdings are primarily in developed markets excluding the United States, offering geographical diversification. The top holdings include SK Square (1.37%), Hyundai Motor Co (1.17%), and SK Hynix Inc (1.03%). Sector allocation is heavily weighted towards Industrials (29.8%), followed by Basic Materials (17.8%) and Consumer Cyclical (12.7%). This sector concentration may make the fund more sensitive to economic cycles and industry-specific risks within these sectors. FDT is suitable for investors seeking exposure to international developed markets with a focus on companies exhibiting both growth and value characteristics.

Risk Metrics

FDT carries several risks typical of international equity ETFs. Its 0.80% expense ratio is relatively high, which can create a drag on returns, especially in periods of lower market performance. The fund's beta of 1.14 indicates that it is more volatile than the overall market. Sector concentration is another risk factor, with nearly 30% of the fund allocated to Industrials and a significant portion in Basic Materials; downturns in these sectors could disproportionately impact FDT's performance. Country exposure is also concentrated, with Japan (28.4%) and South Korea (16.3%) representing a significant portion of the portfolio, making it vulnerable to economic and political events in those regions. Investors should carefully consider these factors before investing.

Expense Ratio

0.80%

What does FDT hold?

Holding	Weight
SK Square (402340.KS)	1.37%
Hyundai Motor Co (005380.KS)	1.17%
SK Hynix Inc (000660.KS)	1.03%
Hyosung Heavy Industries Co Ltd Ordinary Shares (298040.KS)	0.89%
Kia Corp (000270.KS)	0.85%
OceanaGold Corp (OGC.TO)	0.83%
HD Hyundai (267250.KS)	0.79%
Sumitomo Electric Industries Ltd (5802.T)	0.78%
Iamgold Corp (IMG.TO)	0.78%
Taisei Corp (1801.T)	0.75%

How Is the Fund Allocated?

Sector	Weight
Industrials	29.8%
Basic Materials	17.8%
Consumer Cyclical	12.7%
Financial Services	10.1%
Energy	8.3%
Technology	8.2%
Utilities	3.9%
Healthcare	3.1%
Consumer Defensive	2.5%
Real Estate	2.3%
Communication Services	1.4%
Cash & Others	0.0%

Country	Weight
Japan	28.4%
South Korea	16.3%
Canada	12.3%
Hong Kong	6.6%
United Kingdom	5.9%
Germany	5.3%
Australia	4.3%
Italy	2.8%
Israel	2.4%
France	2.1%

Dividend Yield

0.00%

WisdomTree Global High Dividend Fund (DEW) — 0.58% expense ratio
First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) — 0.80% expense ratio
WisdomTree International High Dividend Fund (DTH) — 0.58% expense ratio
WisdomTree International Hedged Quality Dividend Growth Fund (IHDG) — 0.58% expense ratio
JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) — 0.15% expense ratio
First Trust Dow Jones International Internet ETF (FDNI) — 0.65% expense ratio
WisdomTree International MidCap Dividend Fund (DIM) — 0.58% expense ratio
WisdomTree Europe Quality Dividend Growth Fund (EUDG) — 0.58% expense ratio

FT Energy Income Partners Enhanced Income ETF (EIPI) (Sector Equity) — 1.11% expense ratio
First Trust Europe AlphaDEX Fund (FEP) (International Equity) — 0.80% expense ratio
First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) (International Equity) — 0.80% expense ratio
First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) (International Equity) — 0.99% expense ratio
FT Vest Laddered Buffer ETF (BUFR) (Multi-Asset) — 0.95% expense ratio
First Trust Dow Jones International Internet ETF (FDNI) (International Equity) — 0.65% expense ratio

Risk Metrics

Beta: 1.14

Questions & Answers

What is FDT and what does it track?

The First Trust Developed Markets ex-US AlphaDEX Fund (FDT) is an exchange-traded fund that aims to track the investment results of the Nasdaq AlphaDEX Developed Markets Ex-US Index.

This index employs a proprietary methodology to select and weight stocks from developed markets outside the United States based on growth and value factors.

What is the expense ratio for FDT?

The expense ratio for FDT is 0.80%. This means that for every $10,000 invested in the fund, $80 is used to cover the fund's operating expenses annually.

While this provides access to a diversified portfolio of international equities, the expense ratio is higher than the category average for international equity ETFs, which is approximately 0.44%. This higher expense ratio when evaluating FDT's potential returns may be worth researching.

What are the top holdings in FDT?

As of 2026-03-15, the top holdings in the First Trust Developed Markets ex-US AlphaDEX Fund (FDT) are: 1) SK Square (402340.KS) at 1.37%, 2) Hyundai Motor Co (005380.KS) at 1.17%, 3) SK Hynix Inc (000660.KS) at 1.03%, 4) Hyosung Heavy…

Industries Co Ltd Ordinary Shares (298040.KS) at 0.89%, and 5) Kia Corp (000270.KS) at 0.85%.

Is FDT a good long-term investment?

Whether FDT is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. FDT offers exposure to developed markets outside the U.S. and uses a selection process based on growth and value factors.

The fund's beta of 1.14 suggests it may be more volatile than the broader market.

How does FDT compare to similar ETFs?

FDT distinguishes itself through its AlphaDEX methodology, which selects stocks based on growth and value factors, differentiating it from market-cap-weighted international equity ETFs.

Its expense ratio of 0.80% is higher than some competitors, which may offer similar exposure at a lower cost. As of 2026-03-15, FDT has $1.09 billion in AUM, placing it among the larger ETFs in its category.

Does FDT pay dividends?

As of 2026-03-15, the First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividends to its shareholders.

Investors seeking income from their investments may want to consider other ETFs that offer a higher dividend yield. However, FDT's primary focus is on capital appreciation through its unique stock selection process.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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