Is First Trust Consumer Staples AlphaDEX ETF (FXG) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 26 2024
0mins
Should l Buy TAP.A?
Source: NASDAQ.COM
Overview of FXG ETF: The First Trust Consumer Staples AlphaDEX ETF (FXG) is a smart beta ETF that aims to outperform traditional market-cap weighted indexes by selecting stocks based on fundamental characteristics. It has approximately $417.40 million in assets and an expense ratio of 0.63%, making it the most expensive in its category.
Performance and Alternatives: FXG has gained about 8.37% this year, with a medium risk profile, but may not be suitable for investors seeking to outperform the Consumer Staples segment. Cheaper alternatives like Vanguard Consumer Staples ETF (VDC) and Consumer Staples Select Sector SPDR ETF (XLP) are recommended for those looking for lower-cost options.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TAP.A?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TAP.A
Wall Street analysts forecast TAP.A stock price to fall
15 Analyst Rating
5 Buy
9 Hold
1 Sell
Moderate Buy
Current: 55.000
Low
46.00
Averages
52.00
High
72.00
Current: 55.000
Low
46.00
Averages
52.00
High
72.00
About TAP.A
Molson Coors Beverage Company is a holding company. The Company operates in two segments: Americas and EMEA&APAC. The Americas segment consists of the production, importing, marketing, distribution and sales of its owned brands and partner brands and licensed brands in the United States, Canada and various countries in Latin America. It operates nine primary breweries, three craft breweries and two container operations. It also includes partnership arrangements for the distribution of beer in Ontario and the western provinces of Canada. The EMEA&APAC segment consists of the production, marketing and sales of its primary brands as well as other owned and licensed brands in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the United Kingdom, various other European countries and certain countries within the Middle East, Africa and Asia Pacific regions. It operates approximately 11 primary breweries, four craft breweries and one cidery.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Key Companies to Monitor This Week: PCE, Walmart, Palo Alto, Analog Devices, Deere, and Others
- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
Powell's Tenure Nears End, Market Focuses on His Legacy
- Monetary Policy Balance: As Fed Chair Powell's tenure approaches its end, the market is keenly focused on his performance in balancing maximum employment and stable prices, especially with the upcoming release of the latest meeting minutes, marking one of his final meetings in office.
- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
- Industry Dynamics Observation: As concerns over AI disruption grow, stocks in software, finance, and real estate have seen declines, prompting investors to search for the next potentially affected sectors, with Walmart and Deere's upcoming earnings reports likely to be focal points for market attention.
See More
Anheuser-Busch Shares Surge After Earnings Exceed Expectations: What Could Propel the Bud Brewer in 2026.
- Stock Performance: Anheuser-Busch stock experienced an increase early Thursday.
- Earnings Report: The company surpassed fourth quarter earnings expectations.
See More
Anheuser-Busch's Upcoming Earnings: What to Anticipate.
- Company Overview: Anheuser-Busch owns popular beer brands such as Budweiser, Corona Extra, and Stella Artois.
- Earnings Report: The company is expected to report increased revenue when it releases its earnings before the market opens on Thursday.
See More
Beer Sales Face Ongoing Challenges, Yet Anheuser-Busch Expects Revenue Growth in Upcoming Results.
- Company Overview: Anheuser-Busch owns well-known beer brands such as Budweiser, Corona Extra, and Stella Artois.
- Earnings Report Anticipation: The company is expected to report increased revenue when it releases its earnings before the market opens on Thursday.
See More
Super Bowl Celebrations Call for Beer and Snacks: These Stocks Are Set to Score Big.
Super Bowl Significance: The Super Bowl is the most-watched annual televised sporting event in the U.S., making it a crucial time for retail sales.
Retail Peak for Snacks and Beverages: The week leading up to the Super Bowl sees a surge in sales for snack and beverage brands as Americans prepare for gatherings.
See More
Key Companies to Monitor This Week: PCE, Walmart, Palo Alto, Analog Devices, Deere, and Others
- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
Powell's Tenure Nears End, Market Focuses on His Legacy
- Monetary Policy Balance: As Fed Chair Powell's tenure approaches its end, the market is keenly focused on his performance in balancing maximum employment and stable prices, especially with the upcoming release of the latest meeting minutes, marking one of his final meetings in office.
- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
- Industry Dynamics Observation: As concerns over AI disruption grow, stocks in software, finance, and real estate have seen declines, prompting investors to search for the next potentially affected sectors, with Walmart and Deere's upcoming earnings reports likely to be focal points for market attention.
See More
Anheuser-Busch Shares Surge After Earnings Exceed Expectations: What Could Propel the Bud Brewer in 2026.
- Stock Performance: Anheuser-Busch stock experienced an increase early Thursday.
- Earnings Report: The company surpassed fourth quarter earnings expectations.
See More
Anheuser-Busch's Upcoming Earnings: What to Anticipate.
- Company Overview: Anheuser-Busch owns popular beer brands such as Budweiser, Corona Extra, and Stella Artois.
- Earnings Report: The company is expected to report increased revenue when it releases its earnings before the market opens on Thursday.
See More
Beer Sales Face Ongoing Challenges, Yet Anheuser-Busch Expects Revenue Growth in Upcoming Results.
- Company Overview: Anheuser-Busch owns well-known beer brands such as Budweiser, Corona Extra, and Stella Artois.
- Earnings Report Anticipation: The company is expected to report increased revenue when it releases its earnings before the market opens on Thursday.
See More
Super Bowl Celebrations Call for Beer and Snacks: These Stocks Are Set to Score Big.
Super Bowl Significance: The Super Bowl is the most-watched annual televised sporting event in the U.S., making it a crucial time for retail sales.
Retail Peak for Snacks and Beverages: The week leading up to the Super Bowl sees a surge in sales for snack and beverage brands as Americans prepare for gatherings.
See More
