Fund · First Trust Utilities AlphaDEX Fund · measured from SEC filings
FXU holdings
FXU reports 41 holdings and behaves like 32.5 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-07-31. The fact sheet publishes the first number; this page computes the second, and traces it across 27 quarters of filings.
Measured concentration
as of 2026-07-31Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 100% at a quoted market price (level 1), 2 issuer countries.
What stands out
as of 2026-07-31FXU's largest investment is Pinnacle West Capital Corp at 4.27% of net assets. Eversource Energy and UGI Corp follow; the three together are 12.63%. Ten companies are 41.18% of the fund; the other 31 share the rest. Among the 721 equity funds measured here, FXU behaves like 32.5 holdings against a median of 42.4 — close to the median. Across 27 quarterly filings FXU has held roughly steady since 2019-10-31 (27.1 then, 33.1 now).
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable equity funds on this site. Nothing here is a view on the fund.
Every filing since 2019
27Between 2019-10-31 and 2026-04-30, FXU went from behaving like 27.1 equally weighted positions to 33.1 — 22% more, while its top ten went from 48.33% to 39.34% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-04-30 | 41 | 33.1 | 39.34% | 4.27% |
| 2026-01-31 | 41 | 32.8 | 40.08% | 4.32% |
| 2025-10-31 | 41 | 32.4 | 41% | 4.45% |
| 2025-07-31 | 41 | 32.8 | 40.26% | 4.28% |
| 2025-04-30 | 41 | 32.9 | 39.69% | 4.65% |
| 2025-01-31 | 41 | 32.4 | 40.8% | 4.98% |
| 2024-10-31 | 41 | 32.5 | 40.66% | 4.41% |
| 2024-07-31 | 41 | 33 | 39.33% | 4.31% |
Earlier filings (19 more, back to 2019-10-31)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-04-30 | 41 | 32.8 | 39.96% | 4.51% |
| 2024-01-31 | 41 | 32.7 | 40.35% | 4.61% |
| 2023-10-31 | 41 | 32.8 | 39.95% | 4.53% |
| 2023-07-31 | 41 | 32.8 | 39.86% | 4.36% |
| 2023-04-28 | 41 | 32.9 | 39.75% | 4.35% |
| 2023-01-31 | 41 | 32.9 | 39.88% | 4.43% |
| 2022-10-31 | 41 | 32.4 | 41.08% | 4.62% |
| 2022-07-29 | 41 | 32.8 | 40.3% | 4.45% |
| 2022-04-29 | 41 | 32.6 | 40.2% | 4.38% |
| 2022-01-31 | 41 | 32.6 | 40.32% | 4.31% |
| 2021-10-29 | 41 | 33.1 | 39.32% | 4.18% |
| 2021-07-30 | 41 | 32.8 | 40.11% | 4.36% |
| 2021-04-30 | 41 | 32.9 | 39.94% | 4.28% |
| 2021-01-29 | 41 | 32.6 | 40.81% | 4.68% |
| 2020-10-30 | 41 | 32.7 | 40.55% | 4.49% |
| 2020-07-31 | 40 | 32.5 | 40.44% | 4.63% |
| 2020-04-30 | 41 | 32.1 | 41.66% | 4.81% |
| 2020-01-31 | 35 | 28 | 46.95% | 5.68% |
| 2019-10-31 | 35 | 27.1 | 48.33% | 6.25% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
Largest positions, as filed
as of 2026-04-30The 15 largest of 41 positions in FXU's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: FXU.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | PINNACLE WEST CAPITAL CORP | 4.27% | 4.3% |
| 2 | EVERSOURCE ENERGY | 4.23% | 8.5% |
| 3 | UGI CORP | 4.11% | 12.6% |
| 4 | CONSOLIDATED EDISON INC | 4.09% | 16.7% |
| 5 | EDISON INTERNATIONAL | 3.94% | 20.6% |
| 6 | PG&E CORP | 3.93% | 24.6% |
| 7 | EXELON CORP | 3.89% | 28.5% |
| 8 | NATIONAL FUEL GAS COMPANY | 3.73% | 32.2% |
| 9 | MDU RESOURCES GROUP INC | 3.61% | 35.8% |
| 10 | NRG ENERGY INC | 3.53% | 39.3% |
| 11 | DOMINION ENERGY INC | 3.46% | 42.8% |
| 12 | AES CORP (THE) | 3.40% | 46.2% |
| 13 | OGE ENERGY CORP | 3.38% | 49.6% |
| 14 | EVERGY INC | 3.36% | 52.9% |
| 15 | DUKE ENERGY CORP | 3.28% | 56.2% |
Returns the fund reported
2019-08 – 2026-04Monthly total returns from Item B.5 of FXU's own filings, 81 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference — percentage points over 0 months, which is roughly the distributions. Every month with the filing it came from: FXU.json · all funds.
Who borrows FXU's shares
2023-10-31The fund lends its holdings, and Item B.4.a of the filing names every firm holding them. At 2023-10-31, $9m was out to 3 borrowers, 4.11% of net assets. The largest, GOLDMAN SACHS & CO., held 87.9% of it.
| Borrower | On loan | Share of the loan |
|---|---|---|
| GOLDMAN SACHS & CO. | $8m | 87.9% |
| JP MORGAN SECURITIES LLC | $1m | 11.2% |
| Scotia Capital (USA) Inc | $84,370 | 0.9% |
Cash collateral reported against the loan: 4.14% of net assets, 100.7% of the amount lent. That is a floor on the collateral, not the whole of it — collateral the fund does not hold as a position is not in this filing, so a figure under 100% is not evidence of under-collateralisation. How that figure behaves across all funds. Every quarter FXU has filed, with each borrower: FXU.json · all funds.
Since the previous filing
2026-01-31 → 2026-04-3041 positions became 41: 0 added (0.0% of the fund at the later date), 0 dropped (0.0% at the earlier date). Half the sum of all weight changes, a turnover proxy: 8.4%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of FXU compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-01-31 | 2026-04-30 | Largest decreases | 2026-01-31 | 2026-04-30 |
|---|---|---|---|---|---|
| WASTE MANAGEMENT INC | 0.81% | 2.52% | FIRSTENERGY CORP | 2.55% | 1.56% |
| DOMINION ENERGY INC | 2.48% | 3.46% | CLEARWAY ENERGY INC | 3.50% | 2.56% |
| AES CORP (THE) | 2.47% | 3.40% | ESSENTIAL UTILITIES INC | 4.07% | 3.15% |
| EVERSOURCE ENERGY | 3.30% | 4.23% | WEC ENERGY GROUP INC | 1.69% | 0.85% |
| PINNACLE WEST CAPITAL CORP | 3.39% | 4.27% | ENTERGY CORP | 1.67% | 0.87% |
| PUBLIC SERVICE ENTERPRISE GROUP INC | 1.65% | 2.51% | ALLIANT ENERGY CORP | 2.45% | 1.70% |
Asset categories and pricing
as of 2026-07-3199.87% equity, 0.13% short-term investment as filed; 100.0% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Neighbours by effective holdings, equity funds
10Every measured equity fund lined up by how many holdings it behaves like; these sit either side of FXU (32.5). Same filings, same arithmetic. Position in this list says nothing about which fund is better.
| Fund | Reports | Behaves like | Top ten | As of |
|---|---|---|---|---|
| SCHD Schwab U.S. Dividend Equity ETF | 102 | 32 | 43.64% | 2026-05-31 |
| BBCA JPMorgan BetaBuilders Canada ETF | 79 | 32 | 44.4% | 2026-07-31 |
| EUFN iShares MSCI Europe Financials ETF | 93 | 32 | 45.13% | 2026-07-31 |
| BAFE Brown Advisory Flexible Equity ETF | 44 | 32.1 | 43.48% | 2026-06-30 |
| DFAR Dimensional US Real Estate ETF | 123 | 32.2 | 48.4% | 2026-07-31 |
| QYLD Global X NASDAQ 100 Covered Call ETF | 103 | 32.8 | 46.44% | 2026-07-31 |
| LRGC AB US Large Cap Strategic Equities ETF | 70 | 32.8 | 45.16% | 2026-05-31 |
| FLCA Franklin FTSE Canada ETF | 86 | 32.8 | 43.96% | 2026-06-30 |
| PTNQ Pacer Trendpilot 100 ETF | 104 | 32.9 | 46.39% | 2026-07-31 |
| JDVI John Hancock Disciplined Value International Select ETF | 38 | 33 | 40.38% | 2026-06-30 |
Essays that examine FXU
0Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.