Freedom Holding Corp., the rapidly growing financial services company, has been added to the holdings of the First Trust Financials AlphaDEX Fund (FXO) as part of the ETF’s latest portfolio rebalancing. The inclusion signals a new milestone for Freedom Holding Corp, further solidifying its presence in the U.S. financial markets and attracting increased attention from institutional and retail investors alike.
FXO, a prominent exchange-traded fund focusing on the financial sector, also counts among its top holdings blue-chip names such as Warren Buffett’s Berkshire Hathaway, major Wall Street banks including Goldman Sachs and Citigroup, trading app operator Robinhood, and crypto exchange giant Coinbase, along with other key players in the financial industry. These diverse constituents provide FXO with exposure to traditional financial services as well as innovative fintech and digital asset platforms.
Within FXO, Freedom Holding Corp. currently commands a portfolio weight of 1.22%. The highest individual weighting in the ETF is held by U.S. regional bank Bank OZK, whose securities account for 1.68% of the fund’s total assets.
Inside the FXO ETF Strategy
The First Trust Financials AlphaDEX Fund (FXO) is designed to deliver investment results that closely track the price and yield performance of the StrataQuant Financials Index. Unlike standard market-cap-weighted indices, StrataQuant is a modified equal-dollar-weighted benchmark that selects stocks from the Russell 1000 Index. The selection process relies on the proprietary AlphaDEX methodology, which applies fundamental factors such as value and growth scores to identify companies with the potential to outperform.
Over the past twelve months, FXO has delivered a robust gain of nearly 24% in market value. Notably, in June, analysts from Zacks Investment Research highlighted FXO in their list of top-performing financial sector ETFs that have outpaced the broad U.S. market, as measured by the S&P 500 Index. The fund currently holds a Zacks Rank #2 (Buy), underscoring its favorable outlook among financial experts and portfolio managers seeking targeted sector exposure.
Freedom Holding Corp’s Momentum Continues
The addition of Freedom Holding Corp to FXO comes amid an impressive growth trajectory for the company. Over the past year, shares of Freedom Holding Corp have surged by approximately 90%, dramatically outpacing the S&P 500 Index, which has posted a comparatively modest gain of around 13% in the same period. This performance has positioned Freedom Holding Corp as one of the standout success stories within the financial services industry.
In May, the company’s market capitalization crossed the significant $10 billion threshold for the first time, reflecting heightened investor confidence in Freedom Holding Corp’s business model and long-term strategy. Moreover, in June, Freedom Holding Corp achieved another major milestone as its shares were officially added to the Russell 3000 Index. This index encompasses 3,019 publicly traded U.S. companies spanning large-, mid-, and small-cap stocks, and covers approximately 98% of the investable U.S. equity market. Inclusion in the Russell 3000 not only boosts Freedom Holding Corp’s visibility but also potentially increases demand for its shares among index-tracking funds and institutional investors.
What Lies Ahead for Freedom Holding Corp
Looking forward, Freedom Holding Corp continues to expand its footprint in diverse financial services, ranging from investment brokerage operations to proprietary trading platforms and fintech solutions. The company has attracted considerable interest due to its ambitious growth plans, innovative digital ecosystem, and expanding presence in both U.S. and international markets.
Analysts and market observers are watching closely as Freedom Holding Corp leverages its inclusion in major indices and ETFs, such as the Russell 3000 and FXO, to enhance shareholder value and pursue strategic initiatives. Many investors view Freedom Holding Corp as well-positioned to benefit from evolving trends in financial technology, global capital markets, and increased retail investor participation.
As Freedom Holding Corp solidifies its status among leading financial firms, its continued strong performance could further elevate the company’s profile and cement its reputation as a dynamic force in the modern investment landscape.
