First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Reaches New 1-Year High – Here's Why – MarketBeat

The First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) has recently hit a new 1-year high, showing strong performance in the market. This uptrend can be attributed to several factors that have contributed to the fund’s success.

One key factor driving the fund’s growth is its focus on large-cap companies with strong growth potential. These companies have been able to outperform the broader market, leading to positive returns for investors in the FTC fund. Additionally, the AlphaDEX methodology used by the fund has helped it outperform traditional passive index funds by selecting stocks based on various growth metrics.

DailyBubble sees this as a positive sign for investors, as the fund’s performance reflects the strength of the large-cap growth sector. With the market showing signs of volatility, investing in funds like FTC can provide stability and potential for growth in the long term.

Overall, the new 1-year high reached by the First Trust Large Cap Growth AlphaDEX Fund is a testament to its strong performance and ability to outperform the market. DailyBubble believes that this trend is likely to continue, making FTC a solid choice for investors looking to capitalize on the growth potential of large-cap companies.