First Trust Germany AlphaDEX Fund

First Trust Germany AlphaDEX Fund is an exchange-traded fund that provides targeted exposure to German equities through a rules-based selection process. The fund seeks to track the Nasdaq AlphaDEX Germany Index, using First Trust’s AlphaDEX methodology to identify a diversified basket of German companies across sectors and market capitalizations. Its portfolio is built around a tiered, equal-weighted approach designed to reduce concentration in any single holding while maintaining broad access to Germany’s equity market. The fund typically holds around 40 stocks and is used by investors looking for focused participation in German large- and mid-cap businesses in industries such as industrials, consumer discretionary, financials, and technology. Managed by First Trust, the fund plays a specialized role in the market as a country-focused equity ETF with a quantitative stock-selection framework.