First Trust AlphaDEX U.S. Health Care Sector Index ETF (FHH.TO)

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First Trust AlphaDEX U.S. Health Care Sector Index ETF (FHH.TO) is up 9.1% since the beginning of the year. FHH.TO is currently trading at CA$46 per share. Investors who bought CA$1,000 worth of FHH.TO shares 5 years ago would now be looking at an investment worth CA$1,225.

First Trust AlphaDEX U.S. Health Care Sector Index ETF (FHH.TO) has returned 9.08% so far this year and 23.16% over the past 12 months. Over the last ten years, FHH.TO has returned 8.42% per year, falling short of the S&P 500 Index benchmark, which averaged 14.32% annually.

Based on dividend-adjusted daily data since Oct 30, 2014, FHH.TO's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +17.1%, while the worst month was Jan 2016 at -12.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FHH.TO closed higher 38% of trading days. The best single day was Mar 24, 2020 with a return of +6.5%, while the worst single day was Sep 28, 2015 at -8.3%.

First Trust AlphaDEX U.S. Health Care Sector Index ETF has an annualized alpha of 5.56%, beta of 0.23, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since October 30, 2014.

• This ETF participated in 99.74% of S&P 500 Index downside but only 75.50% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.23 may look defensive, but with R2 of 0.06 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.06 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FHH.TO ranks 45 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

First Trust AlphaDEX U.S. Health Care Sector Index ETF provided a 0.59% dividend yield over the last twelve months, with an annual payout of CA$0.27 per share.

The table displays the monthly dividend distributions for First Trust AlphaDEX U.S. Health Care Sector Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Trust AlphaDEX U.S. Health Care Sector Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust AlphaDEX U.S. Health Care Sector Index ETF was 25.83%, occurring on Feb 8, 2016. Recovery took 494 trading sessions.

The current First Trust AlphaDEX U.S. Health Care Sector Index ETF drawdown is 4.65%.

The chart below shows the rolling one-month volatility.