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First Trust Developed Markets ex-US AlphaDEX Fund

FDT · NASDAQ

Market closed$89.59$-0.650000 (-0.72%)After hours $89.59 · 0.00%

Key statistics

Previous close$90.24
Open$88.54
Day high$90.13
Day low$88.30
52-week high$101.32
52-week low$69.02
Market cap866.98M
Volume53.96K
Average volume113.33K
P/E ratio11.51
Forward P/E—
EPS7.78
Dividend yield0.00%

Market context

Why it moved

FDT shares declined as escalating military strikes disrupting Strait of Hormuz shipping traffic raised broad concerns about supply chain disruptions and energy cost pressures, weighing on market sentiment.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026First Trust Developed Markets ex-US AlphaDEX Fund edged lower, closing down 0.72%, as a broad risk-off tone weighed on international developed market equities. Sentiment was pressured by escalating U.S.-Iran military exchanges threatening Strait of Hormuz shipping, a global semiconductor selloff driven by AI valuation concerns and China's Moonshot unveiling a powerful new open-source AI model, and weakness in key FDT holdings including South Korean chipmakers and Japanese financials like Mitsubishi UFJ. Despite the session's headwinds, recent institutional buying and a sharply increased quarterly dividend — raised to $0.7816 from $0.33 — offer some fundamental support.

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July 16, 2026First Trust Developed Markets ex-US AlphaDEX Fund closed down 1.45%, pressured by a broad selloff in AI and semiconductor-linked equities, with top holdings in South Korean chipmakers SK Hynix and Samsung Electronics hit hard as the Kospi fell 6.4%. Adding to headwinds, China's Q2 GDP missed estimates at 4.3% growth, weighing on the fund's significant Asia-Pacific exposure. A notable spike in short interest — up 129% in June — signals growing bearish positioning, even as institutional buyers and a recently raised quarterly dividend of $0.7816 per share (up from $0.33) offer some counterweight.

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July 15, 2026First Trust Developed Markets ex-US AlphaDEX Fund closed essentially flat, edging up less than 0.1%, as investors digested a complex mix of global signals — including a cooler-than-expected U.S. June CPI report that eased rate hike fears and a China GDP miss offset by sector rotation into consumer and financial shares. Notably, short interest in FDT surged 129.2% in June, while the fund also raised its quarterly dividend to $0.7816 per share (from $0.33), implying a ~3.4% yield — and several institutional investors including SMI Advisory Services and Redhawk Wealth Advisors recently increased or initiated positions.

0.087

July 14, 2026First Trust Developed Markets ex-US AlphaDEX Fund closed up 1.52%, outperforming the broader market as a softer-than-expected June CPI report lifted risk appetite and boosted international developed market equities. The fund, with significant exposure to South Korean and Hong Kong-listed holdings, benefited from a rotation dynamic as investors reassessed stretched US tech valuations amid rising Fed rate-hike odds and Iran-driven oil shock, making non-US developed markets relatively more attractive. Short interest in FDT notably grew in June, suggesting some investors had been positioned for weakness—a backdrop that may have amplified the day's gains.

1.5159

July 13, 2026First Trust Developed Markets ex-US AlphaDEX Fund declined sharply as a confluence of macro headwinds weighed on international developed market equities. Renewed U.S.-Iran military hostilities sent oil prices surging over 4-5%, stoking inflation fears, while a broad selloff in Asian semiconductor stocks — led by SK Hynix plunging ~14% and South Korea's KOSPI dropping 5% — hit the fund's top Korean and Hong Kong holdings hard. Global leading indicators also confirmed a deteriorating economic backdrop heading into Q2, with strategists at Edward Jones flagging an underweight stance on developed overseas large-cap stocks as earnings season and geopolitical uncertainty cloud the near-term outlook.

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July 10, 2026First Trust Developed Markets ex-US AlphaDEX Fund closed modestly higher, outperforming its average volume day as Asian markets rallied strongly — South Korea's KOSPI surged 2.5%, Japan's Nikkei rose 1.9%, and Hong Kong's Hang Seng gained 1.8% — recovering from the sharp mid-week sell-off triggered by renewed U.S.-Iran hostilities. The fund's top holdings, concentrated in Korean chipmakers and Japanese industrials, benefited from a tech-driven rebound led by semiconductor stocks, while Japan's Finance Minister urged the country's $1.81 trillion pension giant to shift capital into domestic assets, adding a yen-supportive tailwind for yen-denominated holdings.

0.9211

July 9, 2026First Trust Developed Markets ex-US AlphaDEX Fund closed essentially flat, edging down just 0.21%, as its internationally-focused holdings navigated a complex macro backdrop dominated by renewed US-Iran military exchanges and geopolitical uncertainty. Key holdings like Kingboard Laminates (1888.HK, ~1.5% of fund) continued to face sharp volatility after a 32.7% weekly decline tied to Nvidia Kyber PCB delay rumors, while South Korean semiconductor names including SK Hynix (000660.KS) and Samsung remained under pressure amid elevated Middle East tensions. Despite the turbulence, broader developed market equities showed resilience, with European and Asian indices advancing modestly as investors weighed rising oil prices, inflation concerns, and an incoming Q2 earnings season.

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July 8, 2026First Trust Developed Markets ex-US AlphaDEX Fund edged down modestly, underperforming slightly against a broadly risk-off global backdrop driven by renewed U.S.-Iran hostilities. President Trump's declaration that the Iran interim peace deal was 'over,' following mutual strikes between U.S. and Iranian forces in the Gulf, sent oil prices surging over 5% and triggered a global selloff across equities. The fund's top holdings in Korean and Hong Kong-listed names—including Samsung affiliates and Kingboard Holdings—faced headwinds from both geopolitical uncertainty and a semiconductor sector under pressure after Samsung's disappointing preliminary Q2 results.

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Peers

S&P 500SPX · $7,457.69-1.01%iShares International Dividend Active ETFBIDD · $29.35-0.74%WisdomTree True Developed International FundDOL · $73.41-0.52%First Trust STOXX European Select Dividend Index FundFDD · $19.23+0.10%First Trust Emerging Markets AlphaDEX FundFEM · $30.82-1.67%First Trust Small Cap Growth AlphaDEX FundFYC · $120.65-0.30%Goldman Sachs ActiveBeta U.S. Small Cap Equity ETFGSSC · $90.13-0.66%iShares U.S. Insurance ETFIAK · $146.10+2.18%iShares U.S. Regional Banks ETFIAT · $64.26-1.46%John Hancock Multifactor Emerging Markets ETFJHEM · $38.01-0.82%Opus Small Cap Value Plus ETFOSCV · $42.49-0.68%