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First Trust Health Care AlphaDEX Fund
FXH (First Trust Health Care AlphaDEX Fund) is an active Healthcare Equity ETF by First. With a 0.61% MER, it provides diversified exposure through 72 holdings. Quarterly distribution with a 0.88% yield.
FXH is actively managed by First's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.61% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.