First Trust Developed Markets ex-US AlphaDEX Fund

FDT

Market cap $711M

International ETFs like FDT, IDV, FDTS, EFAS & FLEU soared as investors pivot from pricey and uncertain policy-driven U.S. markets to undervalued international plays.

First Trust Developed Markets Ex-US AlphaDEX ETF (FDT) is rated Buy, driven by strong returns and unique sector allocations versus peers. FDT outperforms international peers, aided by exposure to Industrials, Materials, and mid-cap growth/value stocks. Risks include high management fees and concentrated country exposure in Asia, but reasonable valuations and dividend growth support further upside.