First Trust Multi Cap Value AlphaDEX Fund (FAB)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in First Trust Multi Cap Value AlphaDEX Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

First Trust Multi Cap Value AlphaDEX Fund (FAB) has returned 6.46% so far this year and 21.04% over the past 12 months. Over the last ten years, FAB has returned 10.13% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 23, 2007, FAB's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, your investment would double in approximately 7.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2009 with a return of +25.4%, while the worst month was Mar 2020 at -26.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FAB closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +10.9%, while the worst single day was Mar 16, 2020 at -11.8%.

First Trust Multi Cap Value AlphaDEX Fund has an annualized alpha of 1.62%, beta of 0.91, and R² of 0.59 versus S&P 500 Index. Calculated based on daily prices since May 24, 2007.

• This ETF captured 112.15% of S&P 500 Index gains and 111.10% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 0.91 and R² of 0.59, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FAB has an expense ratio of 0.64%, placing it in the medium range.

FAB ranks 60 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for First Trust Multi Cap Value AlphaDEX Fund (FAB) and compare them to a chosen benchmark (S&P 500 Index).

First Trust Multi Cap Value AlphaDEX Fund provided a 1.66% dividend yield over the last twelve months, with an annual payout of $1.57 per share.

The table displays the monthly dividend distributions for First Trust Multi Cap Value AlphaDEX Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Trust Multi Cap Value AlphaDEX Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Trust Multi Cap Value AlphaDEX Fund was 63.29%, occurring on Mar 6, 2009. Recovery took 468 trading sessions.

The current First Trust Multi Cap Value AlphaDEX Fund drawdown is 3.79%.

The chart below shows the rolling one-month volatility.