Is First Trust Utilities AlphaDEX ETF (FXU) a Strong ETF Right Now?
FXU is a smart beta ETF launched in 2007 that tracks the StrataQuant Utilities Index with 97.1% allocation to utilities stocks. While it has generated 6.68% returns year-to-date and 12.11% over one year, its 0.61% expense ratio is relatively high compared to traditional alternatives like VPU (0.09%) and XLU (0.08%), making it less suitable for cost-conscious investors seeking utilities exposure.