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First Trust Large Cap Core AlphaDEX® ETF FEX

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Morningstar’s Analysis

Will FEX outperform in future?

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Ceasing Coverage of First Trust Large Cap Core AlphaDEX

Senior Analyst

Analyst Note

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Morningstar will cease qualitative research coverage of First Trust Large Cap Core AlphaDEX FEX on or about Feb. 25, 2022, in order to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this fund. We recommend users form their own views on this fund or obtain financial advice.

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