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        <name>VOYA FINANCIAL INC</name>
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        <name>LAZARD INC</name>
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        <name>WESTERN ALLIANCE BANCORP</name>
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        <name>FIRST HAWAIIAN INC</name>
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        <name>JEFFERIES FINANCIAL GROUP INC</name>
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        <name>STATE STREET CORP</name>
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        <name>PROGRESSIVE CORP (THE)</name>
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        <title>PROGRESSIVE CORP (THE) COM</title>
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        <name>AGNC INVESTMENT CORP</name>
        <lei>5TRACI5HRMELWV32OF39</lei>
        <title>AGNC INVESTMENT CORP COM</title>
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      <invstOrSec>
        <name>PROSPERITY BANCSHARES INC</name>
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      <invstOrSec>
        <name>FRANKLIN RESOURCES INC</name>
        <lei>RIFQSET379FOGTEFKS80</lei>
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          <isin value="US3546131018"/>
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      <invstOrSec>
        <name>EAST WEST BANCORP INC</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>WHITE MOUNTAINS INSURANCE GROUP LTD</name>
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        <name>COLUMBIA BANKING SYSTEM INC</name>
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        <name>CITIZENS FINANCIAL GROUP INC</name>
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          <ticker value="CFG"/>
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        <name>INTERCONTINENTAL EXCHANGE INC</name>
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          <ticker value="ICE"/>
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        <name>TRAVELERS COMPANIES INC (THE)</name>
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        <name>AMERICAN FINANCIAL GROUP INC</name>
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        <name>S&amp;P GLOBAL INC</name>
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          <ticker value="SPGI"/>
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        <name>LINCOLN NATIONAL CORP</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
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        <name>FIRST AMERICAN FINANCIAL CORP</name>
        <lei>549300B6VEZK3N0A1P55</lei>
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        <name>CITIGROUP INC</name>
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        <name>MARKEL GROUP INC</name>
        <lei>549300SCNO12JLWIK605</lei>
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        <name>EVERCORE INC</name>
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        <name>M&amp;T BANK CORP</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T BANK CORP COM</title>
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          <ticker value="MTB"/>
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        <name>CREDIT ACCEPTANCE CORP</name>
        <lei>N/A</lei>
        <title>CREDIT ACCEPTANCE CORP COM</title>
        <cusip>225310101</cusip>
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          <ticker value="CACC"/>
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        <balance>21273.00000000</balance>
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        <curCd>USD</curCd>
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        <name>RLI CORP</name>
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        <name>REGIONS FINANCIAL CORP</name>
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        <name>SOUTHSTATE BANK CORP</name>
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        <name>PRIMERICA INC</name>
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        <name>TRUIST FINANCIAL CORP</name>
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        <name>BROWN &amp; BROWN INC</name>
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        <name>EVEREST GROUP LTD</name>
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        <name>BANK OF NEW YORK MELLON CORP (THE)</name>
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        <name>INTERACTIVE BROKERS GROUP INC</name>
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        <title>INTERACTIVE BROKERS GROUP INC COM CL A</title>
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      <invstOrSec>
        <name>UWM HOLDINGS CORP</name>
        <lei>N/A</lei>
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          <isin value="US91823B1098"/>
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      <invstOrSec>
        <name>POPULAR INC</name>
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          <isin value="PR7331747001"/>
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      <invstOrSec>
        <name>ZIONS BANCORP NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>ZIONS BANCORP NA COM</title>
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          <isin value="US9897011071"/>
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      <invstOrSec>
        <name>FIRST CITIZENS BANCSHARES INC</name>
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      <invstOrSec>
        <name>CULLEN/FROST BANKERS INC</name>
        <lei>529900V2E9G9AY665O34</lei>
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          <isin value="US2298991090"/>
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      <invstOrSec>
        <name>REINSURANCE GROUP OF AMERICA INC</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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          <isin value="US7593516047"/>
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      <invstOrSec>
        <name>ROBINHOOD MARKETS INC</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CHUBB LTD (SWITZERLAND)</name>
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        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN INTERNATIONAL GROUP INC</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
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          <isin value="US0268747849"/>
          <ticker value="AIG"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNUM GROUP</name>
        <lei>549300E32YFDO6TZ8R31</lei>
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          <isin value="US91529Y1064"/>
          <ticker value="UNM"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOULIHAN LOKEY INC</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
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          <ticker value="HLI"/>
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        <name>HANOVER INSURANCE GROUP INC (THE)</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
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        <name>XP INC</name>
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        <name>RITHM CAPITAL CORP</name>
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      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST INC</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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        <name>HUNTINGTON BANCSHARES INC</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES INC COM</title>
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          <ticker value="HBAN"/>
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        <name>FIDELITY NATIONAL FINANCIAL INC</name>
        <lei>549300CAZYIH39SYQ287</lei>
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        <name>LPL FINANCIAL HOLDINGS INC</name>
        <lei>549300XROQ4Y8G2L7682</lei>
        <title>LPL FINANCIAL HOLDINGS INC COM</title>
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          <ticker value="LPLA"/>
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        <name>WILLIS TOWERS WATSON PLC</name>
        <lei>549300WHC56FF48KL350</lei>
        <title>WILLIS TOWERS WATSON PLC COM USD0.000304635</title>
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          <ticker value="WTW"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

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        <name>BOK FINANCIAL CORP</name>
        <lei>GRI2NT5QHYW751NMR949</lei>
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        <cusip>05561Q201</cusip>
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          <ticker value="BOKF"/>
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        <name>CBOE GLOBAL MARKETS INC</name>
        <lei>529900RLNSGA90UPEH54</lei>
        <title>CBOE GLOBAL MARKETS INC COM</title>
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          <isin value="US12503M1080"/>
          <ticker value="CBOE"/>
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        <name>ASSURED GUARANTY LTD</name>
        <lei>549300BBOQUJEPH87M14</lei>
        <title>ASSURED GUARANTY LTD COM</title>
        <cusip>000000000</cusip>
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          <isin value="BMG0585R1060"/>
          <ticker value="AGO"/>
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        <balance>221789.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18346386.08000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>T. ROWE PRICE GROUP INC</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>T. ROWE PRICE GROUP INC COM</title>
        <cusip>74144T108</cusip>
        <identifiers>
          <isin value="US74144T1088"/>
          <ticker value="TROW"/>
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        <balance>156378.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17475241.50000000</valUSD>
        <pctVal>1.548333583723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOEWS CORP</name>
        <lei>R8V1FN4M5ITGZOG7BS19</lei>
        <title>LOEWS CORP COM</title>
        <cusip>540424108</cusip>
        <identifiers>
          <isin value="US5404241086"/>
          <ticker value="L"/>
        </identifiers>
        <balance>89737.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10410389.37000000</valUSD>
        <pctVal>0.922376693976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL BANCOMPANY INC</name>
        <lei>N/A</lei>
        <title>CENTRAL BANCOMPANY INC COM CL A</title>
        <cusip>152413100</cusip>
        <identifiers>
          <isin value="US1524131000"/>
          <ticker value="CBC"/>
        </identifiers>
        <balance>585208.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19194822.40000000</valUSD>
        <pctVal>1.700691126673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASSURANT INC</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>ASSURANT INC COM</title>
        <cusip>04621X108</cusip>
        <identifiers>
          <isin value="US04621X1081"/>
          <ticker value="AIZ"/>
        </identifiers>
        <balance>25221.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7041450.99000000</valUSD>
        <pctVal>0.623883512337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FACTSET RESEARCH SYSTEMS INC</name>
        <lei>549300ZSJE7NBK6K9P30</lei>
        <title>FACTSET RESEARCH SYSTEMS INC COM</title>
        <cusip>303075105</cusip>
        <identifiers>
          <isin value="US3030751057"/>
          <ticker value="FDS"/>
        </identifiers>
        <balance>77272.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20337990.40000000</valUSD>
        <pctVal>1.801977589938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STIFEL FINANCIAL CORP</name>
        <lei>549300E5F07FE5GHJX84</lei>
        <title>STIFEL FINANCIAL CORP COM</title>
        <cusip>860630102</cusip>
        <identifiers>
          <isin value="US8606301021"/>
          <ticker value="SF"/>
        </identifiers>
        <balance>97073.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8048322.43000000</valUSD>
        <pctVal>0.713093888344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNA FINANCIAL CORP</name>
        <lei>549300YX2GSZD7YG1R84</lei>
        <title>CNA FINANCIAL CORP COM</title>
        <cusip>126117100</cusip>
        <identifiers>
          <isin value="US1261171003"/>
          <ticker value="CNA"/>
        </identifiers>
        <balance>278659.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14621237.73000000</valUSD>
        <pctVal>1.295464409631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMMERCE BANCSHARES INC (MO)</name>
        <lei>N/A</lei>
        <title>COMMERCE BANCSHARES INC (MO) COM</title>
        <cusip>200525103</cusip>
        <identifiers>
          <isin value="US2005251036"/>
          <ticker value="CBSH"/>
        </identifiers>
        <balance>58639.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3475533.53000000</valUSD>
        <pctVal>0.307937677762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>W. R. BERKLEY CORP</name>
        <lei>SQOAGCLKBDWNVYV1OV80</lei>
        <title>W. R. BERKLEY CORP COM</title>
        <cusip>084423102</cusip>
        <identifiers>
          <isin value="US0844231029"/>
          <ticker value="WRB"/>
        </identifiers>
        <balance>48013.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3482863.02000000</valUSD>
        <pctVal>0.308587081979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIRTU FINANCIAL INC</name>
        <lei>5493001OPW2K42CH3884</lei>
        <title>VIRTU FINANCIAL INC CL A</title>
        <cusip>928254101</cusip>
        <identifiers>
          <isin value="US9282541013"/>
          <ticker value="VIRT"/>
        </identifiers>
        <balance>113695.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6677307.35000000</valUSD>
        <pctVal>0.591619819322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-22</ncom:dateSigned>
      <ncom:nameOfApplicant>First Trust Exchange-Traded AlphaDEX Fund</ncom:nameOfApplicant>
      <ncom:signature>Derek Maltbie</ncom:signature>
      <ncom:signerName>Derek Maltbie</ncom:signerName>
      <ncom:title>Treasurer, Chief Financial Officer and Chief Accounting Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
