First Trust Consumer Discretionary AlphaDEX Fund (FXD) Valuation
FXD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 13.7 trailing earnings
- Forward P/E
- 12.2 analyst estimates
- Price / sales
- 0.77
- Price / book
- 2.39
- EV / EBITDA
- 9.5
- Earnings yield
- 7.29% inverse of P/E
- Dividend yield
- 1.23% of the holdings
- Return on equity
- 17.4% combined
- Net margin
- 5.6% combined
- Beta
- 1.17 weighted, vs S&P 500
FXD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FXD | 13.7 | 12.2 | 0.77 | 2.39 | 1.23% | 17.4% | 5.6% | 2.7% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FXD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 71.2% | 13.5 | 12.0 | 0.73 | 2.54 | 1.28% | 18.7% |
| Communication Services | 10.2% | 15.9 | 13.3 | 1.38 | 1.34 | 1.85% | 8.4% |
| Industrials | 7.9% | 27.2 | 9.8 | 0.49 | 2.44 | 0.76% | 9.0% |
| Consumer Defensive | 6.7% | 22.7 | 18.6 | 1.08 | 4.54 | 0.95% | 20.0% |
| Technology | 3.7% | 4.7 | 12.7 | 1.61 | 2.87 | 0.12% | 60.6% |
FXD earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FXD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FXD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MAT | Mattel, Inc. | 1.89% | 12.6 | 8.5 | 0.9 | — | 2.07% |
| SN | SharkNinja, Inc. | 1.64% | 38.1 | 23.1 | 3.8 | — | 0.60% |
| LYFT | Lyft, Inc. | 1.63% | 2.5 | 9.3 | 0.9 | — | 9.09% |
| DHI | D.R. Horton, Inc. | 1.59% | 12.9 | 11.9 | 1.2 | 1.29% | 1.71% |
| M | Macy's, Inc. | 1.54% | 8.8 | 9.4 | 0.3 | 3.19% | 2.44% |
| DECK | Deckers Outdoor Corporation | 1.54% | 12.1 | 10.6 | 2.1 | — | 1.77% |
| CCL | Carnival Corporation & plc | 1.54% | 11.4 | 8.4 | 1.3 | 1.74% | 1.87% |
| BYD | Boyd Gaming Corporation | 1.53% | 3.1 | 8.4 | 1.2 | 1.14% | 6.94% |
| LULU | Lululemon Athletica Inc. | 1.50% | 8.0 | 10.7 | 1.0 | — | 2.61% |
| SIRI | Sirius XM Holdings Inc | 1.49% | 10.8 | 8.1 | 1.1 | 4.00% | 1.92% |
| VSNT | Versant Media Group, Inc. | 1.49% | 6.0 | 8.7 | 0.7 | 4.72% | 3.44% |
| CROX | Crocs, Inc. | 1.47% | 10.8 | 8.2 | 1.5 | — | 1.89% |
| PHM | PulteGroup, Inc. | 1.47% | 11.6 | 11.2 | 1.3 | 0.92% | 1.76% |
| FIVE | Five Below, Inc. | 1.47% | 20.0 | 22.1 | 2.3 | — | 1.02% |
| TOL | Toll Brothers, Inc. | 1.47% | 10.8 | 10.0 | 1.1 | 0.78% | 1.89% |
| LEA | Lear Corporation | 1.44% | 11.2 | 6.9 | 0.2 | 2.57% | 1.79% |
| LKQ | LKQ Corporation | 1.43% | 12.5 | 7.9 | 0.4 | 5.40% | 1.59% |
| GNTX | Gentex Corporation | 1.43% | 11.1 | 10.1 | 1.7 | 2.28% | 1.78% |
| GAP | The Gap, Inc. | 1.41% | 7.0 | 8.9 | 0.5 | 3.03% | 2.80% |
| DAL | Delta Air Lines, Inc. | 1.40% | 15.0 | 9.2 | 0.7 | 1.14% | 1.29% |
| LAD | Lithia Motors, Inc. | 1.36% | 9.8 | 7.9 | 0.2 | 0.95% | 1.93% |
| EL | The Estée Lauder Companies Inc. | 1.35% | 209.1 | 29.8 | 2.5 | 1.34% | 0.09% |
| WHR | Whirlpool Corporation | 1.34% | 9.2 | 13.3 | 0.1 | — | 2.02% |
| EXPE | Expedia Group, Inc. | 1.31% | 18.0 | 11.3 | 2.2 | 0.66% | 1.01% |
| TTD | The Trade Desk, Inc. | 1.27% | 14.7 | 13.9 | 1.9 | — | 1.20% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FXD valuation
Adding up its 107 holdings with company data, FXD trades at 13.7 times trailing earnings and 12.2 times analysts' forward estimates, with a price-to-book ratio of 2.39 and a dividend yield of 1.23%. Its earnings yield of 7.29% is 1.96 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 15.9% of the fund and earn 31.0% of its combined profit. By sector, Industrials is the most expensive at 27.2 times earnings and Technology the cheapest at 4.7. Companies that lost money over the past year are 2.7% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FXD chart, FXD performance, FXD holdings, FXD dividends.
FXD valuation FAQ
What is the P/E ratio of FXD?
Based on its holdings, FXD has a trailing P/E of 13.7 and a forward P/E of 12.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FXD?
The trailing earnings yield is 7.29% (1 ÷ P/E) and the forward earnings yield 8.18%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FXD more expensive than the S&P 500?
FXD trades at 13.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.2 and 19.9.
What is the price-to-book ratio of FXD?
The holdings of FXD trade at 2.39 times book value, with a combined return on equity of 17.4%.
Which sector in FXD has the highest P/E?
Industrials has the highest P/E at 27.2 and Technology the lowest at 4.7.