FCA Alternatives & Similar ETFs

First Trust China AlphaDEX Fund (FCA) belongs to the China Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCA

FCA charges 0.80% annually. There are 29 ETFs in the China Equities category with lower expense ratios, going as low as 0.19%.

Symbol	Name	Expense Ratio	AUM	Inception
FLCH	Franklin FTSE China ETF	0.19%	264.76M	Nov 2017	FCA vs FLCH
CXSE	WisdomTree China ex-State-Owned Enterprises Fund	0.32%	508.99M	Sep 2012	FCA vs CXSE
DRGN	Themes China Generative Artificial Intelligence ET...	0.39%	—	Jul 2025	FCA vs DRGN
ISVBF	iShares MSCI China A UCITS ETF	0.40%	—	Apr 2015	FCA vs ISVBF
CN	Xtrackers MSCI All China Equity ETF	0.50%	5.96M	Apr 2014	FCA vs CN

Best Risk-Adjusted Alternatives to FCA

FCA has a PortfoliosLab risk / return rank of 37. There are 10 ETFs in the China Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
KCAI	KraneShares China Alpha Index ETF	96	11.51M	Aug 2024	FCA vs KCAI
CNXT	VanEck Vectors ChinaAMC SME-ChiNext ETF	94	137.13M	Jul 2014	FCA vs CNXT
NBCE	Neuberger Berman China Equity ETF	94	18.92M	Oct 2023	FCA vs NBCE
MCHS	Matthews China Discovery Active ETF	92	22.92M	Jan 2024	FCA vs MCHS
KSTR	KraneShares SSE STAR Market 50 Index ETF	86	230.05M	Jan 2021	FCA vs KSTR

Top Performing FCA Alternatives (YTD)

FCA is at 3.82% YTD. There are 15 ETFs in the China Equities category with higher YTD returns, going as high as 51.63%.

Symbol	Name	YTD Return	AUM	Inception
MCHS	Matthews China Discovery Active ETF	51.63%	22.92M	Jan 2024	FCA vs MCHS
KSTR	KraneShares SSE STAR Market 50 Index ETF	47.82%	230.05M	Jan 2021	FCA vs KSTR
YANG	Direxion Daily China 3x Bear Shares	45.69%	115.73M	Dec 2009	FCA vs YANG
CNXT	VanEck Vectors ChinaAMC SME-ChiNext ETF	36.42%	137.13M	Jul 2014	FCA vs CNXT
NBCE	Neuberger Berman China Equity ETF	32.09%	18.92M	Oct 2023	FCA vs NBCE

Lowest Volatility Alternatives to FCA

FCA has 23.00% 1-year volatility. There are 17 ETFs in the China Equities category with lower 1-year volatility, going as low as 13.47%.

Symbol	Name	Volatility 1Y	AUM	Inception
KCAI	KraneShares China Alpha Index ETF	13.47%	11.51M	Aug 2024	FCA vs KCAI
CAS	Simplify China A Shares PLUS Income ETF	13.51%	13.51M	Jan 2025	FCA vs CAS
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	17.88%	1.70B	Nov 2013	FCA vs ASHR
JCHI	JPMorgan Active China ETF	18.09%	14.72M	Mar 2023	FCA vs JCHI
CNYA	iShares MSCI China A ETF	18.32%	242.69M	Jun 2016	FCA vs CNYA

Lowest Drawdown Alternatives to FCA

FCA has a 1-year max drawdown of -16.07%. There are 13 ETFs in the China Equities category with shallower 1-year drawdowns, going as shallow as -4.23%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
KCAI	KraneShares China Alpha Index ETF	-4.23%	11.51M	Aug 2024	FCA vs KCAI
CNYA	iShares MSCI China A ETF	-7.59%	242.69M	Jun 2016	FCA vs CNYA
KBA	KraneShares Bosera MSCI China A Share ETF	-7.65%	156.13M	Mar 2014	FCA vs KBA
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	-7.69%	1.70B	Nov 2013	FCA vs ASHR
NBCE	Neuberger Berman China Equity ETF	-9.23%	18.92M	Oct 2023	FCA vs NBCE

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	FCA vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	FCA vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	FCA vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	FCA vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	FCA vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	FCA vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	FCA vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	FCA vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	FCA vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	FCA vs KNG

Often Compared With FCA

Investors most often compare FCA with KGRN, KLIP, SPY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
KGRN	KraneShares MSCI China Clean Technology Index ETF	China Equities	6	-11.49%	57.09M	Oct 2017	FCA vs KGRN
KLIP	KraneShares China Internet and Covered Call Strate...	Options Trading	4	-14.26%	110.18M	Jan 2023	FCA vs KLIP
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	FCA vs SPY
YINN	Direxion Daily China 3x Bull Shares	Leveraged Equities, China Equities	3	-42.95%	613.53M	Dec 2009	FCA vs YINN
SMIN	iShares MSCI India Small-Cap ETF	Asia Pacific Equities	7	-0.23%	664.01M	Feb 2012	FCA vs SMIN
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	60	5.40%	7.20B	Dec 2016	FCA vs DIVO
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	FCA vs SCHD
GXC	SPDR S&P China ETF	China Equities	11	-8.73%	459.90M	Mar 2007	FCA vs GXC
MCHI	iShares MSCI China ETF	China Equities	7	-13.18%	6.09B	Mar 2011	FCA vs MCHI
PGJ	Invesco Golden Dragon China ETF	China Equities	4	-20.19%	93.64M	Dec 2004	FCA vs PGJ
CQQQ	Invesco China Technology ETF	China Equities	26	2.98%	3.28B	Dec 2009	FCA vs CQQQ
KWEB	KraneShares CSI China Internet ETF	China Equities	3	-28.08%	5.64B	Jul 2013	FCA vs KWEB
FXI	iShares China Large-Cap ETF	China Equities	5	-13.61%	4.93B	Oct 2004	FCA vs FXI
CNQQ	Rayliant-ChinaAMC Transformative China Tech ETF	China Equities	—	10.04%	22.68M	Sep 2025	FCA vs CNQQ
EMDM	First Trust Bloomberg Emerging Market Democracies ...	Emerging Markets Diversified	90	35.53%	35.39M	Mar 2023	FCA vs EMDM
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap...	China Equities	83	20.07%	37.44M	May 2014	FCA vs ASHS
ASIA	Matthews Pacific Tiger Active ETF	Asia Pacific Equities	76	29.48%	56.52M	Sep 2023	FCA vs ASIA
CGRO	CoreValues Alpha Greater China Growth ETF	China Equities	3	-23.45%	2.34M	Oct 2023	FCA vs CGRO
ASHX	Xtrackers MSCI China A Inclusion Equity ETF	China Equities	—	—	4.63M	Oct 2015	FCA vs ASHX
MAGC	Roundhill China Magnificent Seven ETF	China Equities	1	-28.24%	13.27M	Oct 2024	FCA vs MAGC

Compare FCA with Any Fund or Stock

Compare FCA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FCA with funds that move differently

First Trust China AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCA.

Explore FCA Diversifiers

First Trust China AlphaDEX Fund (FCA) Alternatives