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 30 ETFs in the China Equities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin FTSE China ETF | 0.19% | 303.00M | Nov 2017 | FCA vs FLCH | |
| WisdomTree China ex-State-Owned Enterprises Fund | 0.32% | 483.10M | Sep 2012 | FCA vs CXSE | |
| Themes China Generative Artificial Intelligence ET... | 0.39% | — | Jul 2025 | FCA vs DRGN | |
| iShares MSCI China A UCITS ETF | 0.40% | — | Apr 2015 | FCA vs ISVBF | |
| 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 20. There are 13 ETFs in the China Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 95 | 3.29M | Aug 2024 | FCA vs KCAI | |
| KraneShares Bosera MSCI China A Share ETF | 76 | 145.96M | Mar 2014 | FCA vs KBA | |
| Neuberger Berman China Equity ETF | 75 | 16.84M | Oct 2023 | FCA vs NBCE | |
| VanEck ChiNext Innovators ETF | 67 | 102.75M | Jul 2014 | FCA vs CNXT | |
| KraneShares SSE STAR Market 50 Index ETF | 64 | 365.88M | Jan 2021 | FCA vs KSTR |
Top Performing FCA Alternatives (YTD)
FCA is at -1.73% YTD. There are 19 ETFs in the China Equities category with higher YTD returns, going as high as 26.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares SSE STAR Market 50 Index ETF | 26.49% | 365.88M | Jan 2021 | FCA vs KSTR | |
| KraneShares 2X Long JD Daily ETF | 24.47% | 1.73M | Oct 2025 | FCA vs KJD | |
| Matthews China Discovery Active ETF | 23.90% | 19.25M | Jan 2024 | FCA vs MCHS | |
| Neuberger Berman China Equity ETF | 15.71% | 16.84M | Oct 2023 | FCA vs NBCE | |
| VanEck ChiNext Innovators ETF | 9.28% | 102.75M | Jul 2014 | FCA vs CNXT |
Lowest Volatility Alternatives to FCA
FCA has 23.46% 1-year volatility. There are 16 ETFs in the China Equities category with lower 1-year volatility, going as low as 14.22%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | 14.22% | 3.29M | Aug 2024 | FCA vs KCAI | |
| KraneShares China Internet and Covered Call Strate... | 16.59% | 101.35M | Jan 2023 | FCA vs KLIP | |
| JPMorgan Active China ETF | 18.86% | 15.26M | Mar 2023 | FCA vs JCHI | |
| SPDR S&P China ETF | 19.44% | 469.51M | Mar 2007 | FCA vs GXC | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | 19.86% | 1.54B | Nov 2013 | FCA vs ASHR |
Lowest Drawdown Alternatives to FCA
FCA has a 1-year max drawdown of -24.11%. There are 17 ETFs in the China Equities category with shallower 1-year drawdowns, going as shallow as -5.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares China Alpha Index ETF | -5.90% | 3.29M | Aug 2024 | FCA vs KCAI | |
| KraneShares Bosera MSCI China A Share ETF | -8.33% | 145.96M | Mar 2014 | FCA vs KBA | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | -9.84% | 1.54B | Nov 2013 | FCA vs ASHR | |
| iShares MSCI China A ETF | -10.37% | 200.47M | Jun 2016 | FCA vs CNYA | |
| ProShares Short FTSE China 50 | -13.55% | 4.55M | Mar 2010 | FCA vs YXI |
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 FCA
Investors most often compare FCA with KGRN, SPY, YINN. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FCA with Any Fund or Stock
Compare FCA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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