FIRST TRUST EXCH TRADED FUND 2 SHS FIRST TRUST TECHNOLOGY ALPHADEX FUND

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

FXL trades at 1,938.000 MXN today, its price hasn't changed in the past 24 hours. Track more dynamics on FXL price chart.

FXL net asset value is 2,865.43 today — it's risen 11.94% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

FXL assets under management is ‪24.52 B‬ MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

See more dynamics on FXL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −15.54% decrease in three-month performance and has increased by 23.81% in a year.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

FXL invests in stocks. See more details in our Analysis section.

No, FXL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FXL technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FXL shows the neutral signal. See more of FXL technicals for a more comprehensive analysis.

Yes, FXL pays dividends to its holders with the dividend yield of 0.03%.

FXL trades at a premium (29.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

FXL shares are issued by AJM Ventures LLC

FXL follows the StrataQuant Technology Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on May 8, 2007.