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      <invstOrSec>
        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
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      <invstOrSec>
        <name>VOYA FINANCIAL INC</name>
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          <isin value="US9290891004"/>
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      <invstOrSec>
        <name>LAZARD INC</name>
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        <curCd>USD</curCd>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEBSTER FINANCIAL CORP</name>
        <lei>KMRURHT0VWKYS6Z5KU67</lei>
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          <isin value="US9478901096"/>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRINCIPAL FINANCIAL GROUP INC</name>
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          <isin value="US74251V1026"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KEMPER CORP</name>
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        <assetCat>EC</assetCat>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RENAISSANCERE HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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      <invstOrSec>
        <name>JP MORGAN CHASE &amp; COMPANY</name>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES GROUP INC (THE)</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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          <isin value="US6934751057"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
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        <assetCat>EC</assetCat>
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        <name>CINCINNATI FINANCIAL CORP</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <name>WESTERN ALLIANCE BANCORP</name>
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        <name>PROSPERITY BANCSHARES INC</name>
        <lei>N/A</lei>
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          <ticker value="PB"/>
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        <name>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
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        <name>FIRST HAWAIIAN INC</name>
        <lei>5493002DJSH46F5OLV06</lei>
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          <ticker value="FHB"/>
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        <name>AFFILIATED MANAGERS GROUP INC</name>
        <lei>2JE75BUE3T1BLCYYGK54</lei>
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          <ticker value="AMG"/>
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        <name>GLOBE LIFE INC</name>
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        <name>MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS</name>
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        <title>MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS TREAS PTF INST</title>
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        <name>PRUDENTIAL FINANCIAL INC</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>PRUDENTIAL FINANCIAL INC COM</title>
        <cusip>744320102</cusip>
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          <ticker value="PRU"/>
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        <name>JEFFERIES FINANCIAL GROUP INC</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEFFERIES FINANCIAL GROUP INC COM</title>
        <cusip>47233W109</cusip>
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          <ticker value="JEF"/>
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        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>STATE STREET CORP COM</title>
        <cusip>857477103</cusip>
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          <ticker value="STT"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>ARCH CAPITAL GROUP LTD</name>
        <lei>549300AYR4P8AFKDCE43</lei>
        <title>ARCH CAPITAL GROUP LTD ORD</title>
        <cusip>000000000</cusip>
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          <ticker value="ACGL"/>
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        <balance>166025.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15682721.50000000</valUSD>
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        <name>WHITE MOUNTAINS INSURANCE GROUP LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>CITIGROUP INC</name>
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        <name>MARKEL GROUP INC</name>
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        <name>BROWN &amp; BROWN INC</name>
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        <name>M&amp;T BANK CORP</name>
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      <invstOrSec>
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        <name>RLI CORP</name>
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        <name>SEI INVESTMENTS COMPANY</name>
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        <name>REGIONS FINANCIAL CORP</name>
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        <name>SOUTHSTATE BANK CORP</name>
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        <name>INTERACTIVE BROKERS GROUP INC</name>
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        <name>EVEREST GROUP LTD</name>
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        <name>ANNALY CAPITAL MANAGEMENT INC</name>
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        <name>ALLY FINANCIAL INC</name>
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        <name>BERKSHIRE HATHAWAY INC</name>
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        <name>HOULIHAN LOKEY INC</name>
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        <name>BANK OF NEW YORK MELLON CORP (THE)</name>
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        <name>PINNACLE FINANCIAL PARTNERS INC</name>
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        <name>MORGAN STANLEY</name>
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        <name>REINSURANCE GROUP OF AMERICA INC</name>
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        <name>CHUBB LTD (SWITZERLAND)</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>AMERICAN INTERNATIONAL GROUP INC</name>
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        <name>FIFTH THIRD BANCORP</name>
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        <name>UNUM GROUP</name>
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        <name>XP INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>STARWOOD PROPERTY TRUST INC</name>
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        <name>WILLIS TOWERS WATSON PLC</name>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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        <name>BOK FINANCIAL CORP</name>
        <lei>GRI2NT5QHYW751NMR949</lei>
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        <name>ASSURED GUARANTY LTD</name>
        <lei>549300BBOQUJEPH87M14</lei>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <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"/>
        </identifiers>
        <balance>176801.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18189286.88000000</valUSD>
        <pctVal>1.693087935133</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>119442.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13450363.62000000</valUSD>
        <pctVal>1.251981373344</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>43899.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10372016.73000000</valUSD>
        <pctVal>0.965443917863</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>73446.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16714840.68000000</valUSD>
        <pctVal>1.555844122955</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>43123.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3398523.63000000</valUSD>
        <pctVal>0.316340018890</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>277644.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13390770.12000000</valUSD>
        <pctVal>1.246434314984</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>48092.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3213988.36000000</valUSD>
        <pctVal>0.299163180606</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>NU HOLDINGS LTD</name>
        <lei>5493002DG1RHWK9W2X27</lei>
        <title>NU HOLDINGS LTD ORD SHS CL A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG6683N1034"/>
          <ticker value="NU"/>
        </identifiers>
        <balance>221804.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3211721.92000000</valUSD>
        <pctVal>0.298952216743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</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>129568.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6741423.04000000</valUSD>
        <pctVal>0.627502446355</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>RAYMOND JAMES FINANCIAL INC</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
        <title>RAYMOND JAMES FINANCIAL INC COM</title>
        <cusip>754730109</cusip>
        <identifiers>
          <isin value="US7547301090"/>
          <ticker value="RJF"/>
        </identifiers>
        <balance>22018.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3485889.76000000</valUSD>
        <pctVal>0.324472198102</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>2026-06-23</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>
  <documents>XXXX</documents>
</edgarSubmission>
