Zacks Investment ResearchT3·7d ago
FXN First Trust Energy AlphaDEX Fund
ETF 24.66 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FXN
$24.66
—
Key stats
$24.66
- 52-Week Range
- $15.64 – $24.84
- YTD
- +46.35%
- IV Rank (30D)
- 16.91
- Straddle Price
- $1.88
- Open
- $24.09
- Day Range
- $24.03 – $24.84
- Volume
- 589,826
- Prev Close
- $24.00
About
First Trust Energy AlphaDEX Fund (FXN) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2007-05-08
- Has Options
- Yes
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.63% prospectus, filed Nov 28, 2025
- Assets
- $396M issuer-reported, Oct 21, 2026
- Trailing yield
- 1.75% paid quarterly
- Average daily volume
- $15M 30 sessions
- Holdings
- 41 top 10 are 40.9%
- Listed
- May 8, 2007 NYSE Arca
- Last fee change
- +2 bp filed Nov 28, 2025
- Net asset value
- $24.28 issuer, Oct 21, 2026
- 30-day SEC yield
- 1.54% issuer, Sep 30, 2026
- Tracking difference
- -0.53 pts vs index, after fees, FY 2025
Cost15
Liquidity73
Scale59
Diversification62
Moves with. Value over growth (17% of its variance, beta 0.96); Long Treasuries (8% of its variance, beta -0.65). These factors explain 24% of its daily moves over the last year, so most of what drives this fund is something else.
Stated objective. The First Trust Energy AlphaDEX Fund (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the StrataQuant Energy Index (the Index ). (from the fund's prospectus)
All 41 holdingsFlow historySimilar fundsOverlap toolAll Energy ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- −$67M latest reported month
- Latest 3 months
- −$743M −195.9% of assets
- Latest 12 months
- +$104M +27.4% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | −$67M |
| Jun 2026 | −$769M |
| May 2026 | +$94M |
| Apr 2026 | +$9.2M |
| Mar 2026 | +$846M |
| Feb 2026 | +$30M |
| Jan 2026 | −$15M |
| Dec 2025 | −$7.8M |
| Nov 2025 | −$5.7M |
| Oct 2025 | −$7.1M |
| Sep 2025 | −$5.6M |
| Aug 2025 | +$2.5M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 83 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| FTXNFirst Trust Nasdaq Oil & Gas ETF | 59% | 0.60% | $1.2B | +54.7% | compare |
| RSPGInvesco S&P 500 Equal Weight Energy ETF | 57% | 0.40% | $660M | +53.1% | compare |
| XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF | 56% | 0.35% | $4.3B | +58.3% | compare |
| IYEiShares U.S. Energy ETF | 52% | 0.37% | $1.8B | +54.2% | compare |
| PXEInvesco Energy Exploration & Production ETF | 51% | 0.61% | $158M | +59.1% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 21, 2026issuer data- Holdings vs fair value
- +31.1% 78% under, 4% over · 99% covered
- Price / earnings
- 14.6 0% loss-making · 99% covered
- Price / book · sales
- 2.0 · 1.7 revenue growth +16.7%
- Above 200-day average
- 71% 75% above 50-day · by weight
- Short interest
- 5.1% of float, weighted · 3.6 days to cover
- Insider buying
- 7% of weight had net insider buying, 90 days; 64% net selling
- 13F holders
- +3.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 46.7% of weight in 7 days; 85.4% in 14
Holdings reporting in the next 14 days · weighted implied move this week 3.59%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Decrease | LNGCHENIERE ENERGY INC | 4.61% | 0.84% | −81.2% |
| Increase | VLOVALERO ENERGY CORP | 0.85% | 2.75% | +157.5% |
| Decrease | WMBWILLIAMS COMPANIES INC (THE) | 2.62% | 0.73% | −70.5% |
| Decrease | MTDRMATADOR RESOURCES COMPANY | 4.77% | 3.06% | −19.6% |
| Decrease | TPLTEXAS PACIFIC LAND CORP | 2.33% | 0.70% | −67.3% |
| Decrease | OVVOVINTIV INC | 4.93% | 3.62% | −28.6% |
| Decrease | PRPERMIAN RESOURCES CORP | 4.82% | 3.53% | −26.7% |
| Increase | HALHALLIBURTON COMPANY | 0.90% | 2.17% | +211.7% |
| Increase | CHRDCHORD ENERGY CORP | 2.56% | 3.74% | +50.0% |
| Decrease | FSLRFIRST SOLAR INC | 3.89% | 2.73% | −33.8% |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.5%. Full holdings and history
Under the hood
fiscal year to Jul 31, 2025SEC census- Authorized participants
- 9 active of 26 with agreements; top 3 did 49%
- Created · redeemed
- $49M · $255M over the fiscal year
- Redemptions in kind
- 100% creations 100% in kind
- Creation unit
- 50,000 shares
- Securities lending
- 0.73% of assets on loan on average; earned 1.8 bp
- Return vs index
- -0.53 pts after fees; -0.02 before; daily s.d. 0.07
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-10-21
Holdings
41
AUM
$396.0M
Provider
First Trust
Inception
2007-05-08
Exchange
ARCX
Data As Of
2026-10-21
Expense Ratio
0.63%
Dividend Yield
1.75%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-24 | 2026-09-30 | $0.1605 | CD |
| 2026-06-25 | 2026-06-30 | $0.0615 | CD |
| 2026-03-26 | 2026-03-31 | $0.0841 | CD |
| 2025-12-12 | 2025-12-31 | $0.1141 | CD |
| 2025-09-25 | 2025-09-30 | $0.0990 | CD |
| 2025-06-26 | 2025-06-30 | $0.0958 | CD |
Asset Allocation
Top Holdings
top 41 of 41 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| MPC | Marathon Petroleum Corporation | 4.44% | Equity (US) | US |
| RRC | Range Resources Corporation | 4.35% | Equity (US) | US |
| AR | Antero Resources Corporation | 4.32% | Equity (US) | US |
| PSX | Phillips 66 | 4.26% | Equity (US) | US |
| CHRD | Chord Energy Corporation | 4.22% | Equity (US) | US |
| VLO | Valero Energy Corporation | 4.22% | Equity (US) | US |
| EXE | Expand Energy Corporation | 4.14% | Equity (US) | US |
| FSLR | First Solar, Inc. | 3.74% | Equity (US) | US |
| OVV | Ovintiv Inc. | 3.62% | Equity (US) | US |
| APA | APA Corporation | 3.58% | Equity (US) | US |
| PR | Permian Resources Corp. | 3.53% | Equity (US) | US |
| DINO | HF Sinclair Corp. | 3.51% | Equity (US) | US |
| EOG | EOG Resources, Inc. | 3.44% | Equity (US) | US |
| MTDR | Matador Resources Company | 3.36% | Equity (US) | US |
| EQT | EQT Corporation | 3.34% | Equity (US) | US |
| DVN | Devon Energy Corporation | 3.25% | Equity (US) | US |
| COP | ConocoPhillips | 2.62% | Equity (US) | US |
| OXY | Occidental Petroleum Corporation | 2.55% | Equity (US) | US |
| CVX | Chevron Corporation | 2.50% | Equity (US) | US |
| FANG | Diamondback Energy, Inc. | 2.46% | Equity (US) | US |
| XOM | ExxonMobil Holdings Corp. | 2.46% | Equity (US) | US |
| WFRD | Weatherford International Plc | 2.44% | Equity (Foreign) | IE |
| HAL | Halliburton Company | 2.40% | Equity (US) | US |
| FTI | TechnipFMC Plc | 2.32% | Equity (Foreign) | GB |
| VNOM | Viper Energy, Inc. (Class A) | 1.72% | Equity (US) | US |
| KMI | Kinder Morgan, Inc. | 1.69% | Equity (US) | US |
| OKE | ONEOK, Inc. | 1.64% | Equity (US) | US |
| LNG | Cheniere Energy, Inc. | 1.58% | Equity (US) | US |
| NXT | Nextpower Inc. (Class A) | 1.57% | Equity (US) | US |
| SLB | SLB Ltd. | 1.57% | Equity (US) | — |
| NOV | NOV Inc. | 1.54% | Equity (US) | US |
| BKR | Baker Hughes Company (Class A) | 1.53% | Equity (US) | US |
| TRGP | Targa Resources Corp. | 0.82% | Equity (US) | US |
| WMB | The Williams Companies, Inc. | 0.80% | Equity (US) | US |
| TPL | Texas Pacific Land Corporation | 0.79% | Equity (US) | US |
| DTM | DT Midstream, Inc. | 0.78% | Equity (US) | US |
| AM | Antero Midstream Corp. | 0.77% | Equity (US) | US |
| ENPH | Enphase Energy, Inc. | 0.73% | Equity (US) | US |
| MWH | SOLV Energy, Inc. (Class A) | 0.73% | Equity (US) | US |
| XE | X-Energy, Inc. (Class A) | 0.58% | Equity (US) | US |
| — | US Dollar | 0.08% | Cash/Money Market | — |
Geographic Breakdown
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 4.91% | 9.79% | 7.04% | -2.98% | 0.18% | 8.90% | 4.64% |
| Feb | 18.19% | 3.90% | -4.60% | 4.91% | -1.38% | 12.23% | 5.54% |
| Mar | -0.88% | 10.17% | -6.34% | 8.39% | 5.42% | 9.03% | 4.30% |
| Apr | -3.34% | -6.15% | -3.36% | -2.55% | -16.20% | 3.49% | -4.68% |
| May | 3.59% | 14.89% | -6.61% | 4.89% | 2.48% | -3.85% | 2.56% |
| Jun | 2.24% | -17.36% | 7.27% | -1.30% | 3.69% | -7.24% | -2.12% |
| Jul | -11.34% | 12.83% | 10.15% | 0.83% | 2.54% | 10.38% | 4.23% |
| Aug | 1.76% | 6.98% | 1.86% | -2.14% | 8.02% | 8.27% | 4.12% |
| Sep | 11.35% | -8.87% | -2.52% | -3.51% | -2.22% | -9.15% | -2.49% |
| Oct | 7.73% | 13.56% | 2.30% | -2.30% | -3.76% | 10.28%* | 4.64% |
| Nov | -7.40% | 0.48% | -2.76% | 10.94% | 5.19% | -- | 1.29% |
| Dec | 1.36% | -8.36% | -1.94% | -6.74% | -3.12% | -- | -3.76% |
| Total | 27.81% | 28.80% | -1.21% | 7.12% | -1.49% | 47.27% | 18.05% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $23.35
SMA 50: $23.42
SMA 200: $21.42
Current: $24.65
EMA 12: $23.94
EMA 26: $23.58
MACD: 0.3653 | Signal: 0.1222
BULLISH
ADX (14): 19.50
RANGE
+DI: 26.82
−DI: 21.80
Momentum Oscillators
RSI (14): 64.96
NEUTRAL
Stoch %K: 88.23
Stoch %D: 90.05
Williams %R: -8.76
Volume & Volatility
BB Upper: $25.06
BB Lower: $21.65
NEUTRAL
OBV: -8,937,500
Vol SMA 20: 715,027
Vol ROC: 4.82%
ATR: $0.53
True Range: $0.84
HV 20: 22.3%
HV 30: 25.7%
HV 60: 23.6%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH (Confidence Level: 7/10)
Key drivers:
- Bullish MACD signal
- Neutral RSI reading
- Weak trend regime
Primary risks:
- Negative beta, which may lead to opposite market movements
- Volatility levels relatively high compared to historical averages
Investment thesis: FXN presents a bullish opportunity due to its neutral momentum and weak trend regime. However, the negative beta and high volatility levels require careful consideration of risk management strategies.
Recent news sentiment impact: The majority of recent news headlines are neutral, which aligns with the stock's current market performance.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Bullish
- Long-term (3-12 months): Weak trend regime
Support/Resistance Levels:
- Upper Bollinger Band: $24.33
- Middle Bollinger Band: $23.34
- Lower Bollinger Band: $22.35
Momentum Signals:
- RSI interpretation: Neutral (64.05)
- MACD signal: Bullish
- Bollinger Bands position: Neutral (middle band touched)
Volume Analysis:
- Volume SMA 20: 364539.30
- On-Balance Volume (OBV): 1054553.44
- Volume Rate of Change: 4.23%
News & Sentiment Analysis
Recent Headlines Summary: Most recent news headlines are neutral, with no significant market-moving events reported.
Sentiment Assessment: Neutral sentiment dominates the recent news headlines.
Catalyst Identification: No specific catalysts identified in the recent news headlines.
Market Narrative: The market narrative aligns with the stock's current performance, indicating a neutral trend regime.
Risk & Volatility Assessment
Beta Interpretation: Negative beta (-0.08) indicates that FXN moves opposite to the market.
Volatility Regime: Relatively high volatility levels compared to historical averages (HV20: 21.3%, HV30: 24.4%).
Options Market Signals: Low IV rank (0.0%) and put/call ratios indicate a neutral sentiment in options markets.
Downside Protection: Support levels from Bollinger Bands (Lower: $22.35) may provide some downside protection.
Market Context & Positioning
Sector Performance: FXN's sector performance is relatively weak compared to the overall market.
Institutional Activity: No significant institutional activity detected in recent volume patterns.
Correlation Analysis: FXN has a negative correlation with the market (R-squared: -0.05), indicating that it moves opposite to the market.
Relative Valuation: FXN is positioned within a neutral trading range, with no clear overvaluation or undervaluation signals.
Key Levels & Action Items
Critical Price Levels:
- Support from Bollinger Bands (Lower: $22.35)
- Resistance from Upper Bollinger Band ($24.33)
Breakout/Breakdown Levels: No specific breakout/breakdown levels identified, but the neutral trend regime suggests caution.
Time-Sensitive Catalysts: No upcoming events or earnings reports that could significantly impact the stock price.
Risk Management: Consider stop-loss levels around $22.35 and position sizing strategies to manage risk.
By analyzing the data provided, FXN appears to present a bullish opportunity due to its neutral momentum and weak trend regime. However, the negative beta and high volatility levels require careful consideration of risk management strategies.
Generated
News
All FXN news →
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FXN Options Activity & IV Rank
FXN IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 33.2%
7-DTE IV: —
Expected Move: $1.88
7-DTE Move: $1.88
Days to Exp: 28 (2026-11-20)
Options Flow
Call Volume: 0
Put Volume: 0
P/C Volume: —
Call OI: 0
Put OI: 0
P/C OI: —
Total OI: 0
ATM Options Pricing
ATM Call: $0.68
ATM Put: $1.20
Call %: 2.7%
Put %: 4.9%
Chain Summary
Chain Volume: 13
Chain OI: 19
Last Updated: 10/23/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 54th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
54%
vs own history
GEX tilt
+1.00
OI-weighted, today
Vanna tilt
-1.00
δ-sensitivity to IV
Charm tilt
+1.00
δ-decay vs time
Vanna tilt -1.00: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +1.00: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 3 ATM contracts, 0k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
No data
30 DTE / 10d
—
—
pts
EXTREME
ATM 33.6% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)16.9LowOct 23
Straddle Price (30 DTE)$1.88Oct 23
Beta Analysis
Risk Metrics
Beta: -0.2069
Alpha: 48.45%
Correlation: -0.1128
R-Squared: 1.3%
Stock Volatility: 23.4%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
FXN Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
506.71K
SI % of Float
3.18%
Days to Cover
1.00
Short Vol Ratio
62.4%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-22
FXN Constituent Performance
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FXN Constituents (40 of 40)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| MPC | Marathon Petroleum Corporation | 4.44% | $459.49 | +0.04% | -3.89% | +16.76% |
| RRC | Range Resources Corporation | 4.35% | $45.46 | +3.65% | +5.18% | +17.74% |
| AR | Antero Resources Corporation | 4.32% | $40.29 | +3.20% | +4.24% | +15.11% |
| PSX | Phillips 66 | 4.26% | $284.55 | -0.03% | -2.94% | +11.26% |
| CHRD | Chord Energy Corporation | 4.22% | $157.85 | +4.90% | +2.13% | +15.84% |
| VLO | Valero Energy Corporation | 4.22% | $424.18 | -0.49% | -4.62% | +9.56% |
| EXE | Expand Energy Corporation | 4.14% | $93.71 | +0.81% | +0.32% | +7.91% |
| FSLR | First Solar, Inc. | 3.74% | $171.9 | +0.38% | -0.43% | -3.27% |
| OVV | Ovintiv Inc. | 3.62% | $72.39 | +4.46% | +4.41% | +20.39% |
| APA | APA Corporation | 3.58% | $51.76 | +4.69% | +5.31% | +21.10% |
| PR | Permian Resources Corp. | 3.53% | $25.52 | +4.61% | +3.80% | +19.50% |
| DINO | HF Sinclair Corp. | 3.51% | $122.33 | +0.01% | -2.36% | +14.52% |
| EOG | EOG Resources, Inc. | 3.44% | $163.62 | +3.58% | +3.55% | +16.58% |
| MTDR | Matador Resources Company | 3.36% | $60.01 | +5.67% | +4.33% | +16.41% |
| EQT | EQT Corporation | 3.34% | $55.71 | +1.90% | +2.60% | +9.64% |
| DVN | Devon Energy Corporation | 3.25% | $51.27 | +4.26% | +1.07% | +8.98% |
| COP | ConocoPhillips | 2.62% | $151.13 | +3.78% | +3.15% | +18.72% |
| OXY | Occidental Petroleum Corporation | 2.55% | $64.4 | +3.04% | +3.24% | +13.26% |
| CVX | Chevron Corporation | 2.50% | $232.14 | +2.41% | +3.18% | +13.54% |
| FANG | Diamondback Energy, Inc. | 2.46% | $206.07 | +4.53% | +1.04% | +10.39% |
| XOM | ExxonMobil Holdings Corp. | 2.46% | $182.25 | +2.26% | +1.83% | +13.49% |
| WFRD | Weatherford International Plc | 2.44% | $86.38 | +6.41% | +13.37% | +1.53% |
| HAL | Halliburton Company | 2.40% | $34.85 | +5.02% | +4.04% | +6.39% |
| FTI | TechnipFMC Plc | 2.32% | $69.48 | +3.98% | -0.27% | -2.13% |
| VNOM | Viper Energy, Inc. (Class A) | 1.72% | $47.09 | +3.84% | +4.60% | +15.05% |
| KMI | Kinder Morgan, Inc. | 1.69% | $34.48 | +2.24% | +0.80% | +12.11% |
| OKE | ONEOK, Inc. | 1.64% | $96.37 | +2.63% | +3.28% | +8.73% |
| LNG | Cheniere Energy, Inc. | 1.58% | $297.22 | +3.56% | +2.69% | +10.68% |
| SLB | SLB Ltd. | 1.57% | $52.73 | +6.41% | +6.52% | +2.30% |
| NXT | Nextpower Inc. (Class A) | 1.57% | $78.61 | +1.26% | -1.79% | -2.78% |
| NOV | NOV Inc. | 1.54% | $19.66 | +4.80% | +3.86% | -1.01% |
| BKR | Baker Hughes Company (Class A) | 1.53% | $55.44 | +3.39% | -0.47% | -4.13% |
| TRGP | Targa Resources Corp. | 0.82% | $301.87 | +4.26% | +2.36% | +8.65% |
| WMB | The Williams Companies, Inc. | 0.80% | $71.78 | +1.62% | +0.69% | +3.63% |
| TPL | Texas Pacific Land Corporation | 0.79% | $341.85 | +2.45% | -2.59% | +0.23% |
| DTM | DT Midstream, Inc. | 0.78% | $124.68 | +1.04% | +0.82% | +1.96% |
| AM | Antero Midstream Corp. | 0.77% | $20.94 | +1.60% | +1.45% | +0.05% |
| ENPH | Enphase Energy, Inc. | 0.73% | $31.7 | +1.12% | +3.53% | -2.16% |
| MWH | SOLV Energy, Inc. (Class A) | 0.73% | $21.66 | +0.60% | -9.60% | -14.05% |
| XE | X-Energy, Inc. (Class A) | 0.58% | $10.52 | -1.08% | +1.50% | -30.27% |