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First Trust Exchange-Traded AlphaDEX Fund - First Trust Multi Cap Value AlphaDEX Fund is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. It seeks to track the performance of the Nasdaq AlphaDEX Multi Cap Value Index, by using full replication technique. First Trust Exchange-Traded AlphaDEX Fund - First Trust Multi Cap Value AlphaDEX Fund was formed on May 8, 2007 and is domiciled in the United States.