Should First Trust Mid Cap Value AlphaDEX ETF (FNK) Be on Your Investing Radar?

Launched on April 19, 2011, the First Trust Mid Cap Value AlphaDEX ETF (FNK) is a passively managed exchange traded fund designed to provide a broad exposure to the Mid Cap Value segment of the US equity market.The fund is sponsored by First Trust Advisors. It has amassed assets over $204.79 million, making it one of the smaller ETFs attempting to match the Mid Cap Value segment of the US equity market.Why Mid Cap ValueWith market capitalization between $2 billion and $10 billion, mid cap companies usually ...