First Trust Health Care AlphaDEX Fund (NYSEArca: FXH)
AUM: $1.3 Billion
YTD: Up 42.1%
Comment: Calling a $1.3 billion ETF overlooked is tricky, but compared to other health care funds, FXH does not grab a lot of attention. Perhaps it should. Like the other AlphaDEX sector funds, FXH’s weighting methodology includes an emphasis on factors such as price appreciation, one-year sales growth cash flow to price and return on assets. The recipe has worked this year as FXH has outperformed the Vanguard Health Care ETF (NYSEArca: VHT) by 400 basis points.