First Trust Japan AlphaDEX ETF has a volatility of 0.85 and is 1.42 times more volatile than DOW. 7%
of all equities and portfolios are less risky than First Trust. Compared to the overall equity markets, volatility of historical daily returns of First Trust Japan AlphaDEX ETF is lower than 7 (%)
of all global equities and portfolios over the last 30 days. Use First Trust Japan AlphaDEX ETF to protect against small markets fluctuations. The etf experiences normal downward trend and little activity. Check odds of First Trust to be traded at $54.88 in 30 days
. As returns on market increase, returns on owning First Trust are expected to decrease at a much smaller rate. During bear market, First Trust is likely to outperform the market.
First Trust correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding First Trust Japan AlphaDEX ETF and equity matching DJI index in the same portfolio.