FXO - First Trust Financials AlphaDEX Fund
The fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
As of Jun 30, 2026: spot at $62.58, ATM IV 29.1%, net GEX $253.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.27B
- Beta
- 0.98
- 52-Week Range
- 54.4-62.61
- Dividend Yield
- $1.31
- IPO Date
- May 8, 2007
- Exchange
- AMEX
What FXO Looks Like to Options Traders Today
IV rank of 36.6% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($253) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.007) is roughly flat across the wings.
What This Page Covers
The FXO overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked FXO overview questions
- What is FXO?
- FXO is the ticker symbol for First Trust Financials AlphaDEX Fund, an listed exchange-traded fund. The fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology. Listed on AMEX. FXO is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the FXO options snapshot look like today?
- As of Jun 30, 2026, the FXO options snapshot shows spot at $62.58, ATM IV 29.1%, IV rank 36.6%, net GEX $253, expected move 8.34%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are FXO's key statistics?
- First Trust Financials AlphaDEX Fund (FXO) carries a market capitalization of $2.27B, 52-week range of 54.4-62.61. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does FXO belong to?
- First Trust Financials AlphaDEX Fund operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare FXO's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the FXO data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.