FXZETF

The First Trust Materials AlphaDEX ETF (FXZ) is a passively managed fund providing broad exposure to the Materials sector with $372 million in assets. It has delivered 20.42% year-to-date returns and 27.69% over the past year, with a 0.64% expense ratio.

The fund holds about 40 stocks with 85.9% allocation to Materials, led by holdings in Newmont Corporation, Anglogold Ashanti, and Coeur Mining. It carries a Zacks ETF Rank of 3 (Hold) and is considered a medium-risk option with a beta of 1.07.