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Trending ETFs

First Trust Mid Cap Value AlphaDEX® Fund

etf
FNK
Dividend policy
Increase
Price as of:
$44.34 -0.08 0%
primary theme
U.S. Small-Cap Value Equity
FNK (ETF)

First Trust Mid Cap Value AlphaDEX® Fund

Dividend policy
Increase
Price as of:
$44.34 -0.08 0%
primary theme
U.S. Small-Cap Value Equity
FNK (ETF)
First Trust Mid Cap Value AlphaDEX® Fund
Dividend policy
Increase
Price as of:
$44.34 -0.08 0%
primary theme
U.S. Small-Cap Value Equity

FNK - Snapshot

Vitals

  • YTD Return 23.8%
  • 3 Yr Annualized Return 10.6%
  • 5 Yr Annualized Return 11.5%
  • Net Assets $158 M
  • Holdings in Top 10 8.3%

52 WEEK LOW AND HIGH

$44.42
$25.74
$46.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 107.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Small-Cap Value Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Small Value

Compare FNK to Popular U.S. Small-Cap Value Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$45.15

+0.02%

$15.89 B

1.55%

$0.70

blocked
blocked
blocked

31.14%

0.52%

$30.47

+0.10%

$13.31 B

1.26%

$0.38

blocked
blocked
blocked

29.16%

0.37%

$11.22

+0.36%

$5.53 B

0.22%

$0.02

blocked
blocked
blocked

30.16%

1.19%

$382.56

+0.35%

$1.49 B

1.47%

$5.62

blocked
blocked
blocked

30.25%

0.08%

$288.98

+0.35%

$1.28 B

1.35%

$3.89

blocked
blocked
blocked

27.05%

0.08%

Compare FNK to Popular U.S. Small-Cap Value Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$173.45

+0.02%

$48.20 B

1.16%

$2.00

blocked
blocked
blocked

22.03%

0.07%

$166.79

+0.43%

$17.22 B

1.21%

$2.01

blocked
blocked
blocked

26.84%

0.24%

$105.45

+0.49%

$9.41 B

0.83%

$0.87

blocked
blocked
blocked

29.68%

0.21%

$85.71

+0.38%

$4.17 B

1.53%

$1.31

blocked
blocked
blocked

29.60%

0.15%

$32.03

-0.13%

$1.92 B

1.89%

$0.61

blocked
blocked
blocked

20.23%

0.38%

FNK - Profile

Distributions

  • YTD Total Return 24.1%
  • 3 Yr Annualized Total Return 10.6%
  • 5 Yr Annualized Total Return 11.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.04%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    First Trust Mid Cap Value AlphaDEX® Fund
  • Fund Family Name
    First Trust
  • Inception Date
    Apr 19, 2011
  • Shares Outstanding
    3450002
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jon Erickson

Fund Description

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 600 Mid Cap Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.


FNK - Performance

Return Ranking - Trailing

Period FNK Return Category Return Low Category Return High Rank in Category (%)
YTD 23.8% -58.2% 54.3% 64.04%
1 Yr 76.5% -18.7% 129.5% 55.73%
3 Yr 10.6%* -3.7% 20.3% 42.46%
5 Yr 11.5%* 0.1% 21.0% 65.26%
10 Yr 9.8%* 4.6% 14.4% 58.64%

* Annualized

Return Ranking - Calendar

Period FNK Return Category Return Low Category Return High Rank in Category (%)
2020 -0.8% -49.4% 364.1% 66.74%
2019 18.3% -21.7% 34.0% 53.59%
2018 -16.0% -57.2% -0.5% 10.15%
2017 10.2% -64.9% 24.5% 8.25%
2016 24.5% -3.9% 68.2% 28.53%

Total Return Ranking - Trailing

Period FNK Return Category Return Low Category Return High Rank in Category (%)
YTD 24.1% -58.2% 54.3% 62.25%
1 Yr 76.5% -18.7% 129.5% 52.03%
3 Yr 10.6%* -3.7% 20.3% 39.30%
5 Yr 11.5%* 0.1% 21.0% 62.12%
10 Yr 9.8%* 4.6% 14.4% 54.59%

* Annualized

Total Return Ranking - Calendar

Period FNK Return Category Return Low Category Return High Rank in Category (%)
2020 -0.8% -49.4% 364.1% 66.74%
2019 18.3% -21.7% 34.0% 53.59%
2018 -16.0% -48.1% -0.5% 32.43%
2017 10.2% -28.5% 24.5% 31.44%
2016 24.5% -3.9% 70.7% 49.18%

FNK - Holdings

Concentration Analysis

FNK Category Low Category High FNK % Rank
Net Assets 158 M 2.28 M 48.2 B 73.84%
Number of Holdings 226 10 2047 24.12%
Net Assets in Top 10 13.1 M 283 K 2.28 B 85.18%
Weighting of Top 10 8.31% 2.1% 94.7% 90.16%

Top 10 Holdings

  1. Kohl's Corp 1.28%
  2. Darling Ingredients Inc 1.09%
  3. First Citizens BancShares Inc Class A 1.03%
  4. Amkor Technology Inc 0.98%
  5. Santander Consumer USA Holdings Inc 0.97%
  6. NCR Corp 0.95%
  7. MasTec Inc 0.94%
  8. Xerox Holdings Corp 0.91%
  9. Invesco Ltd 0.90%
  10. Discovery Inc Class A 0.90%

Asset Allocation

Weighting Return Low Return High FNK % Rank
Stocks
99.88% 14.89% 100.21% 14.60%
Cash
0.12% -55.03% 80.39% 84.07%
Preferred Stocks
0.00% 0.00% 6.39% 71.90%
Other
0.00% -2.00% 4.73% 70.58%
Convertible Bonds
0.00% 0.00% 2.12% 71.24%
Bonds
0.00% 0.00% 52.72% 72.12%

Stock Sector Breakdown

Weighting Return Low Return High FNK % Rank
Financial Services
28.01% 0.00% 42.88% 27.68%
Consumer Cyclical
15.45% 1.51% 46.86% 37.05%
Industrials
14.58% 0.00% 37.81% 84.38%
Real Estate
9.30% 0.00% 25.90% 20.98%
Utilities
7.63% 0.00% 13.54% 2.90%
Technology
6.92% 0.00% 30.93% 72.54%
Basic Materials
5.44% 0.00% 75.03% 63.84%
Healthcare
4.23% 0.00% 24.51% 53.35%
Consumer Defense
3.82% 0.00% 14.26% 39.96%
Communication Services
2.47% 0.00% 18.89% 48.66%
Energy
2.13% 0.00% 35.38% 85.71%

Stock Geographic Breakdown

Weighting Return Low Return High FNK % Rank
US
98.94% 12.08% 100.18% 8.85%
Non US
0.94% 0.00% 81.87% 79.65%

FNK - Expenses

Operational Fees

FNK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.05% 49.72% 90.93%
Management Fee 0.70% 0.00% 1.48% 29.05%
12b-1 Fee 0.00% 0.00% 1.00% 17.94%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FNK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FNK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FNK Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 107.00% 3.00% 454.00% 82.54%

FNK - Distributions

Dividend Yield Analysis

FNK Category Low Category High FNK % Rank
Dividend Yield 0.64% 0.00% 1.69% 1.99%

Dividend Distribution Analysis

FNK Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Annually Annually

Net Income Ratio Analysis

FNK Category Low Category High FNK % Rank
Net Income Ratio 2.04% -2.48% 4.15% 3.60%

Capital Gain Distribution Analysis

FNK Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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FNK - Fund Manager Analysis

Managers

Jon Erickson


Start Date

Tenure

Tenure Rank

Apr 19, 2011

10.12

10.1%

Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.

Stan Ueland


Start Date

Tenure

Tenure Rank

Apr 19, 2011

10.12

10.1%

Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.

David McGarel


Start Date

Tenure

Tenure Rank

Apr 19, 2011

10.12

10.1%

David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.

Roger Testin


Start Date

Tenure

Tenure Rank

Apr 19, 2011

10.12

10.1%

Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.

Daniel Lindquist


Start Date

Tenure

Tenure Rank

Apr 19, 2011

10.12

10.1%

Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.

Chris Peterson


Start Date

Tenure

Tenure Rank

Mar 18, 2016

5.21

5.2%

Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.45 7.13 2.58