As of October 16, 2017, First Trust AlphaDEX Canadian Dividend ETF has been acquired by First Trust Canadian Capital Strength ETF. First Trust AlphaDEX Canadian Dividend ETF is an exchange traded fund launched by FT Portfolios Canada Co. The fund is managed by First Trust Advisors L.P. It invests in the public equity markets of Canada. The fund invests in the stocks of companies operating across diversified sectors. It invests in the dividend paying stocks of companies with minimum market capitalization of $200 million. The fund focuses on factors such as growth factors consisting of three, six and twelve month price appreciation, one year sales growth and sales-price ratio and three value factors consisting of book value-to-price ratio, cash flow-to-price ratio and return on assets to create its portfolio. It benchmarks the performance of its portfolio against the S&P/TSX Composite Index. The fund was formerly known as First Trust AlphaDEX Canadian Dividend Plus ETF. First Trust AlphaDEX Canadian Dividend ETF was formed on May 15, 2013 and is domiciled in Canada.