Compared to other Chinese-related equity funds, the First Trust China AlphaDEX Fund ([FCA]) has maintained a strong technical picture even with recent downside in the broader emerging markets space.
There were no changes to any of the First Trust Models covered within the report this week.
Compared to other Chinese-related equity funds, the First Trust China AlphaDEX Fund (FCA) has maintained a strong technical picture even with recent downside in the broader emerging markets space. FCA sustains a fund score of 5.85, which makes it the second highest scoring Chinese-related ETF on the platform and is a full two points stronger than the average score for a fund within the China group at 3.18.
The fund has maintained superior relative strength against the market as defined by the S&P 500 Equal Weight Index (SPXEWI) since June 2025. On the trend chart, FCA has maintained a positive trend since last summer and a buy signal since January. After March kicked off the month with the fund matching its all-time chart high, FCA pulled back into Os during the middle of last week and settled at $32.50 for the time being on the chart. FCA is actionable here on the pullback or on a reversal back into Xs to $34. Initial support lies at $31.50, while additional may be found in the $27 to $28 range.
FCA is up more than 17% on a year-to-date basis and has been a holding within the First Trust International Model (FTRUSTINTL) since December 2024.
