First Trust Multi Cap Growth AlphaDEX Fund (FAD) belongs to the Mid Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FAD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAD
FAD charges 0.63% annually. There are 29 ETFs in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BNY Mellon US Mid Cap Core Equity ETF | 0.04% | 647.82M | Apr 2020 | FAD vs BKMC | |
| Vanguard Mid-Cap Growth ETF | 0.05% | 34.80B | Aug 2006 | FAD vs VOT | |
| iShares Morningstar Mid-Cap Growth ETF | 0.06% | 3.92B | Jun 2004 | FAD vs IMCG | |
| Vanguard S&P Mid-Cap 400 Growth ETF | 0.10% | 1.90B | Sep 2010 | FAD vs IVOG | |
| Invesco NASDAQ Next Gen 100 ETF | 0.15% | 1.12B | Oct 2020 | FAD vs QQQJ |
Best Risk-Adjusted Alternatives to FAD
FAD has a PortfoliosLab risk / return rank of 49. There are 9 ETFs in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Galaxy Transformative Tech Accelerators ETF | 89 | 16.19M | Sep 2024 | FAD vs TEKX | |
| Invesco NASDAQ Next Gen 100 ETF | 77 | 1.12B | Oct 2020 | FAD vs QQQJ | |
| John Hancock Multifactor Mid Cap ETF | 64 | 5.92B | Sep 2015 | FAD vs JHMM | |
| Pacer Lunt MidCap Multi-Factor Alternator ETF | 58 | 53.99M | Jun 2020 | FAD vs PAMC | |
| Vanguard S&P Mid-Cap 400 Growth ETF | 55 | 1.90B | Sep 2010 | FAD vs IVOG |
Top Performing FAD Alternatives (YTD)
FAD is at 13.47% YTD. There are 13 ETFs in the Mid Cap Growth Equities category with higher YTD returns, going as high as 62.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Galaxy Transformative Tech Accelerators ETF | 62.61% | 16.19M | Sep 2024 | FAD vs TEKX | |
| Innovator IBD Breakout Opportunities ETF | 27.36% | 15.73M | Sep 2018 | FAD vs BOUT | |
| Invesco NASDAQ Next Gen 100 ETF | 19.53% | 1.12B | Oct 2020 | FAD vs QQQJ | |
| iShares Morningstar Mid-Cap Growth ETF | 19.44% | 3.92B | Jun 2004 | FAD vs IMCG | |
| Vanguard S&P Mid-Cap 400 Growth ETF | 15.87% | 1.90B | Sep 2010 | FAD vs IVOG |
Lowest Volatility Alternatives to FAD
FAD has 20.54% 1-year volatility. There are 24 ETFs in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares Nasdaq Next 50 ETF | 0.00% | 30.47M | Sep 2020 | FAD vs QQQN | |
| Timothy Plan Fund Timothy Plan US Large/Mid Cap Co... | 11.58% | 303.80M | Apr 2019 | FAD vs TPLC | |
| John Hancock Multifactor Mid Cap ETF | 14.33% | 5.92B | Sep 2015 | FAD vs JHMM | |
| Virtus KAR Mid-Cap ETF | 14.97% | 45.49M | Oct 2024 | FAD vs KMID | |
| WisdomTree U.S. MidCap Quality Growth Fund | 15.17% | 2.19M | Jan 2024 | FAD vs QMID |
Lowest Drawdown Alternatives to FAD
FAD has a 1-year max drawdown of -10.66%. There are 8 ETFs in the Mid Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.58%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Timothy Plan Fund Timothy Plan US Large/Mid Cap Co... | -7.58% | 303.80M | Apr 2019 | FAD vs TPLC | |
| John Hancock Multifactor Mid Cap ETF | -8.64% | 5.92B | Sep 2015 | FAD vs JHMM | |
| Vanguard S&P Mid-Cap 400 Growth ETF | -9.69% | 1.90B | Sep 2010 | FAD vs IVOG | |
| BNY Mellon US Mid Cap Core Equity ETF | -9.82% | 647.82M | Apr 2020 | FAD vs BKMC | |
| SPDR S&P 400 Mid Cap Growth ETF | -9.91% | 2.81B | Nov 2005 | FAD vs MDYG |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.
Often Compared With FAD
Investors most often compare FAD with PEXL, IUSG, SPY. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FAD with Any Fund or Stock
Compare FAD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAD with funds that move differently
First Trust Multi Cap Growth AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAD.
Explore FAD Diversifiers