---
ticker: "FXZ"
name: "First Trust Materials AlphaDEX Fund"
url: "https://etf.net/etf/FXZ"
grade: "D"
score: 38
graded_at: "2026-10-12"
category: "Materials (Broad)"
category_rank: "11 of 14"
methodology: "https://etf.net/methodology"
---

# FXZ: First Trust Materials AlphaDEX Fund

Grade **D**, Score 38 of 100. Rank 11 of 14 in Materials (Broad).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 9 | 13 of 14 |
| Mission | 58 | 3 of 4 |
| Risk | 47 | 10 of 14 |
| Tradability | 60 | 4 of 14 |
| Holdings | 77 | 2 of 14 |
| Durability | 48 | 9 of 14 |

## Top holdings

The fund holds 40 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | AUGO | Aura Minerals Inc. | 5.45% |
| 2 | STLD | Steel Dynamics, Inc. | 5.06% |
| 3 | SCCO | Southern Copper Corporation | 4.85% |
| 4 | NEM | Newmont Corporation | 4.80% |
| 5 | AA | Alcoa Corporation | 4.72% |
| 6 | AU | AngloGold Ashanti plc | 4.71% |
| 7 | CF | CF Industries Holdings, Inc. | 4.55% |
| 8 | NUE | Nucor Corporation | 3.52% |
| 9 | HL | Hecla Mining Company | 3.30% |
| 10 | MLI | Mueller Industries, Inc. | 3.30% |
| 11 | NEU | NewMarket Corporation | 3.28% |
| 12 | CDE | Coeur Mining, Inc. | 3.20% |
| 13 | EMN | Eastman Chemical Company | 3.18% |
| 14 | OLN | Olin Corporation | 3.16% |
| 15 | MOS | The Mosaic Company | 2.85% |
| 16 | RS | Reliance Inc. | 2.58% |
| 17 | FAST | Fastenal Company | 2.53% |
| 18 | LIN | Linde Plc | 2.52% |
| 19 | RGLD | Royal Gold, Inc. | 2.47% |
| 20 | TKR | The Timken Company | 2.46% |
| 21 | AVY | Avery Dennison Corporation | 2.43% |
| 22 | ALB | Albemarle Corporation | 2.36% |
| 23 | ALM | Almonty Industries Inc. | 2.23% |
| 24 | CLF | Cleveland-Cliffs Inc. | 1.94% |
| 25 | FCX | Freeport-McMoRan Inc. | 1.73% |
| 26 | LYB | LyondellBasell Industries N.V. | 1.72% |
| 27 | ECL | Ecolab Inc. | 1.69% |
| 28 | IFF | International Flavors & Fragrances Inc. | 1.67% |
| 29 | HXL | Hexcel Corporation | 1.67% |
| 30 | RBC | RBC Bearings Incorporated | 1.66% |

Source: etf.net, https://etf.net/etf/FXZ. Please cite the page URL.