Last week marked a positive one for international equities as they outpaced U.S. equities. Among the international funds to see upside movement on their point and figure chart is the First Trust STOXX European Dividend Index Fund (FDD). Following Thursday’s (11/13) trading, FDD gave a fourth consecutive buy signal by breaking a double top at $16.75, marking the fund’s highest level since 2008. The fund has maintained a buy signal and a positive trend since February of this year and maintained a long-term relative strength buy signal against the market as defined by the S&P 500 Equal Weight Index (SPXEWI) since March of this year. This positive technical picture has brought the fund score of FDD up to a strong 5.25, which is stronger than the average score for a fund within the Non-US Equity (4.56) and European (4.50) groups on the Asset Class Group Scores. This week’s action has brought FDD back towards the middle of the 10-week trading band and actionable territory for those seeking European exposure. Initial support lies at $15.75, while additional lies at $15.25. FDD is a current holding within the First Trust International Model (FTRUSTINTL).

This weekly overview is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.
Symbol
Name
Price
Fund Score
PnF Signal
RS Col.
PnF Trend
Weekly Mom
AIRR
First Trust RBA American Industrial Renaissance ETF
92.51
4.87
Sell
X
Positive
-
13W
DDIV
First Trust Nasdaq Dorsey Wright Momentum & Dividend ETF
39.05
3.41
Buy
X
Positive
-
7W
DTRE
First Trust Alerian Disruptive Technology Real Estate ETF
39.82
1.74
Sell
O
Positive
-
1W
EMLP
First Trust North American Energy Infrastructure Fund
38.46
3.71
Buy
O
Positive
+
2W
FAB
First Trust Multi Cap Value AlphaDEX Fund
84.92
3.56
Buy
O
Positive
-
9W
FAD
First Trust Multi Cap Growth AlphaDEX Fund
153.90
5.10
Buy
X
Positive
-
7W
FAN
First Trust Global Wind Energy ETF
19.58
5.53
Buy
X
Positive
-
2W
FBT
First Trust NYSE Arca Biotechnology Index Fund
200.98
5.65
Buy
X
Positive
+
8W
FCG
First Trust Natural Gas ETF
24.08
2.95
Sell
X
Positive
+
2W
FDD
First Trust STOXX European Select Dividend Index Fund
16.13
5.25
Buy
X
Positive
+
2W
FDL
First Trust Morningstar Dividend LeadersSM Index Fund
43.57
2.79
Buy
O
Positive
+
2W
FDM
First Trust Dow Jones Select MicroCap IndexSM Fund
73.95
5.31
Buy
X
Positive
+
2W
FDN
First Trust Dow Jones Internet IndexSM Fund
264.30
4.78
Buy
X
Positive
-
8W
FEX
First Trust Large Cap Core AlphaDEX Fund
113.85
3.61
Buy
X
Positive
-
9W
FGD
First Trust Dow Jones Global Select Dividend Index Fund
29.22
4.43
Buy
X
Positive
+
2W
FIW
First Trust Water ETF
108.00
3.35
Buy
O
Positive
-
4W
FNX
First Trust Mid Cap Core AlphaDEX Fund
119.30
3.30
Buy
X
Positive
-
9W
FPX
First Trust US Equity Opportunities ETF
153.56
5.57
Sell
X
Positive
-
6W
FRI
First Trust S&P REIT Index Fund
27.71
2.53
Sell
O
Negative
-
1W
FTA
First Trust Large Cap Value Opportunities AlphaDEX Fund
82.84
2.82
Buy
O
Positive
+
2W
FTC
First Trust Large Cap Growth Opportunities AlphaDEX Fund
153.35
4.58
Sell
X
Positive
-
9W
FTDS
First Trust Dividend Strength ETF
54.29
2.57
Buy
O
Positive
+
2W
FTGC
First Trust Global Tactical Commodity Strategy Fund
27.16
3.51
Buy
O
Positive
+
5W
FTRI
First Trust Indxx Global Natural Resources Income ETF
14.88
4.24
Buy
X
Positive
-
9W
FVD
First Trust Value Line Dividend Index Fund
45.57
2.53
Buy
O
Positive
-
1W
FXD
First Trust Consumer Discretionary AlphaDEX Fund
63.76
3.84
Sell
X
Positive
-
9W
FXG
First Trust Consumer Staples AlphaDEX Fund
61.80
1.30
Sell
O
Negative
-
1W
FXH
First Trust Health Care AlphaDEX Fund
111.88
3.90
Buy
X
Positive
-
3W
FXL
First Trust Technology AlphaDEX Fund
159.64
4.88
Sell
X
Positive
-
7W
FXN
First Trust Energy AlphaDEX Fund
16.55
1.50
Buy
O
Positive
+
2W
FXO
First Trust Financials AlphaDEX Fund
56.82
4.51
Buy
X
Positive
+
2W
FXR
First Trust Industrials/Producer Durables AlphaDEX Fund
73.93
3.57
Sell
X
Positive
-
16W
FXU
First Trust Utilities AlphaDEX Fund
46.73
4.65
Buy
X
Positive
-
3W
FXZ
First Trust Materials AlphaDEX Fund
59.09
2.38
Buy
O
Positive
-
9W
FYX
First Trust Small Cap Core AlphaDEX Fund
105.54
5.02
Buy
X
Positive
-
9W
MDIV
Multi-Asset Diversified Income Index Fund
15.80
1.63
Buy
O
Positive
+
2W
QABA
First Trust NASDAQ ABA Community Bank Index Fund
53.03
1.70
Sell
O
Positive
+
2W
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
42.64
5.52
Sell
X
Positive
-
3W
QQEW
First Trust NASDAQ-100 Equal Weighted IndexSMFund
137.63
4.73
Buy
X
Positive
-
3W
QQXT
First Trust NASDAQ-100 Ex-Technology Sector IndexSMFund
97.24
3.41
Buy
O
Positive
-
3W
QTEC
First Trust NASDAQ-100-Technology Sector IndexSMFund
221.22
5.15
Buy
X
Positive
-
3W
RBLD
First Trust Alerian US NextGen Infrastructure ETF
74.45
3.91
Buy
X
Positive
-
3W
TDIV
First Trust NASDAQ Technology Dividend Index Fund
93.88
5.05
Sell
X
Positive
-
6W
The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.
The First Trust ETF Portfolios are designed to identify major sector themes in the market place through the use of the Point & Figure relative strength tools. For more information on the portfolio construction and back testing, see the model info file on the models page. To enter a portfolio amount and see shares to be purchased as well as modify the portfolio to your specifications, click here. (Note: The First Trust ETF Portfolios will be updated Wednesday mornings by 9:30 am EST)
Weekly Changes: There were no changes to any of the First Trust Models coverd within the report this week.
First Trust Sector Model FTRUST
| ETF Name | Symbol | NDW Suggested Weighting | Yield | Date Added |
|---|---|---|---|---|
| First Trust Dow Jones Internet IndexSM Fund | FDN | 16.667% | 0.0000 | 06/13/2023 |
| First Trust Utilities AlphaDEX Fund | FXU | 16.667% | 2.0744 | 04/01/2025 |
| First Trust Global Wind Energy ETF | FAN | 16.667% | 1.2191 | 06/17/2025 |
| First Trust NASDAQ Clean Edge Green Energy Index Fund | QCLN | 16.667% | 0.2349 | 09/23/2025 |
| First Trust Nasdaq Semiconductor ETF | FTXL | 16.667% | 0.3278 | 07/01/2025 |
| First Trust Nasdaq Bank ETF | FTXO | 16.667% | 1.9746 | 11/12/2024 |
* - Dates prior to 1/9/2008, which is when the First Trust Sector ETF Model Portfolio became available in the First Trust Weekly ETF Report, are representative of when the position was added to the backtested model.
First Trust Focus Five Model FTRUST5
| ETF Name | Symbol | NDW Suggested Weighting | Yield | Date Added |
|---|---|---|---|---|
| First Trust Dow Jones Internet IndexSM Fund | FDN | 20.000% | 0.0000 | 06/06/2023 |
| First Trust Financials AlphaDEX Fund | FXO | 20.000% | 1.8577 | 12/10/2024 |
| First Trust Industrials/Producer Durables AlphaDEX Fund | FXR | 20.000% | 0.7290 | 01/19/2021 |
| First Trust Utilities AlphaDEX Fund | FXU | 20.000% | 2.0744 | 03/25/2025 |
| First Trust Nasdaq Semiconductor ETF | FTXL | 20.000% | 0.3278 | 11/11/2025 |
* - The next evaluation date for the Focus Five Model is Wednesday, November 26th, 2025. Dates prior to 10/20/2009, which is when the First Trust Focus Five ETF Model Portfolio became available in the First Trust Weekly ETF Report, are representative of when the position was added to the backtested model.
First Trust Thematic Focus Five Model TR FTTHEME5.TR
| ETF Name | Symbol | NDW Suggested Weighting | Yield | Date Added |
|---|---|---|---|---|
| First Trust NASDAQ Cybersecurity ETF TR | CIBR.TR | 20.000% | 0.2277 | 04/22/2025 |
| First Trust Cloud Computing ETF TR | SKYY.TR | 20.000% | 0.0000 | 07/08/2025 |
| First Trust Dow Jones Internet IndexSM Fund TR | FDN.TR | 20.000% | 0.0000 | 09/05/2023 |
| First Trust S-Network Streaming and Gaming ETF TR | BNGE.TR | 20.000% | 0.6886 | 09/05/2023 |
| First Trust Dow Jones International Internet ETF TR | FDNI.TR | 20.000% | 0.5893 | 04/22/2025 |
* - The next evaluation date for the Thematic Focus Five Model is Wednesday, November 26th, 2025. Dates prior to 9/13/2023, which is when the First Trust Thematic Focus Five ETF Model Portfolio became available in the First Trust Weekly ETF Report, are representative of when the position was added to the backtested model.
First Trust International Model FTRUSTINTL
| ETF Name | Symbol | NDW Suggested Weighting | Yield | Date Added |
|---|---|---|---|---|
| First Trust China AlphaDEX Fund | FCA | 20.000% | 2.2629 | 12/03/2024 |
| First Trust United Kingdom Alphadex Fund | FKU | 20.000% | 3.4607 | 01/16/2024 |
| First Trust Germany AlphaDEX Fund | FGM | 20.000% | 0.7012 | 06/17/2025 |
| First Trust Eurozone AlphaDEX Fund | FEUZ | 20.000% | 2.4841 | 03/04/2025 |
| First Trust Dow Jones International Internet ETF | FDNI | 20.000% | 0.5893 | 10/14/2025 |
* - The next evaluation date for the International Focus Five Model is Wednesday, December 3rd, 2025. Dates prior to 2/22/2012, which is when the First Trust International Focus Five ETF Model Portfolio became available in the First Trust Weekly ETF Report, are representative of when the position was added to the backtested model.
First Trust Size and Style Model FTSIZESTYLE
ETF Name
Symbol
NDW Suggested Weighting
Yield
Date Added
First Trust Large Cap Growth Opportunities AlphaDEX Fund
FTC
33.333%
0.3443
06/20/2023
First Trust Large Cap Core AlphaDEX Fund
FEX
33.333%
1.1207
10/24/2023
First Trust Mid Cap Growth AlphaDEX Fund
FNY
33.333%
0.1840
06/24/2025
First Trust Income Model FTINCOME
| ETF Name | Symbol | NDW Suggested Weighting | Yield | Date Added |
|---|---|---|---|---|
| First Trust STOXX European Select Dividend Index Fund | FDD | 20.000% | 5.0874 | 04/01/2025 |
| First Trust Utilities AlphaDEX Fund | FXU | 20.000% | 2.0744 | 03/11/2025 |
| First Trust North American Energy Infrastructure Fund | EMLP | 20.000% | 3.1339 | 04/12/2022 |
| First Trust NASDAQ Technology Dividend Index Fund | TDIV | 20.000% | 1.3006 | 08/12/2025 |
| First Trust S&P International Dividend Aristocrats ETF | FID | 20.000% | 4.0447 | 04/22/2025 |
First Trust Fixed Income Model (TR) FTFIXINC.TR
ETF Name
Symbol
NDW Suggested Weighting
Yield
Date Added
First Trust Tactical High Yield ETF TR
HYLS.TR
25.000%
6.3427
07/22/2025
First Trust Preferred Securities and Income ETF TR
FPE.TR
25.000%
5.5883
10/21/2025
First Trust SSI Strategic Convertible Securities ETF TR
FCVT.TR
25.000%
1.8794
05/20/2025
First Trust Emerging Markets Local Currency Bond ETF TR
FEMB.TR
25.000%
5.7055
04/22/2025
Am I better off owning the managed mutual fund or the unmanaged ETF? The table below will help you answer that question. For each of the nine major asset classes and sectors, see the Top 20 mutual funds in NAV compared to the First Trust Universe of ETFs. The results are ordered by Fund Score, from highest to lowest. The Fund Score is a snapshot of the overall health of the fund based upon relative strength versus the broad market, relative strength versus its peers, and other trend measures. Those ETFs and Funds with a score above 3 are considered solid citizens with those having scores of 4 and above ideal candidates for purchase. Those ETFs and Funds with a score below 3 should be examined closer from a technical basis as they are not holding their ground versus the market and their peer group.
| Large Cap Value | Large Cap Blend | Large Cap Growth |
| Mid Cap Value | Mid Cap Blend | Mid Cap Growth |
| Small Cap Value | Small Cap Blend | Small Cap Growth |
| Sectors | ||
(Click any link above to see the Fund Score of the First Trust ETFs and the funds with the largest Net Assets in that category)