FCFY Alternatives & Similar ETFs

First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FCFY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FCFY

FCFY charges 0.60% annually. There are 117 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
ILCV	iShares Morningstar Value ETF	0.04%	1.30B	Jun 2004	FCFY vs ILCV
SPYV	SPDR Portfolio S&P 500 Value ETF	0.04%	35.82B	Sep 2000	FCFY vs SPYV
SCHV	Schwab U.S. Large-Cap Value ETF	0.04%	15.78B	Dec 2009	FCFY vs SCHV
IUSV	iShares Core S&P U.S. Value ETF	0.04%	27.02B	Jul 2000	FCFY vs IUSV
VTV	Vanguard Value ETF	0.04%	245.00B	Jan 2004	FCFY vs VTV

Best Risk-Adjusted Alternatives to FCFY

FCFY has a PortfoliosLab risk / return rank of 28. There are 119 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	96	9.78B	Apr 2013	FCFY vs VLUE
PWV	Invesco Dynamic Large Cap Value ETF	96	1.62B	Mar 2005	FCFY vs PWV
AVLV	Avantis U.S. Large Cap Value ETF	94	16.76B	Sep 2021	FCFY vs AVLV
SEIV	SEI Enhanced US Large Cap Value Factor ETF	94	956.28M	May 2022	FCFY vs SEIV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	94	26.25B	Aug 2013	FCFY vs FNDX

Top Performing FCFY Alternatives (YTD)

FCFY is at 2.26% YTD. There are 134 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 39.99%.

Symbol	Name	YTD Return	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	39.99%	9.78B	Apr 2013	FCFY vs VLUE
CBSE	Clough Select Equity ETF	23.97%	56.12M	Nov 2020	FCFY vs CBSE
DIVB	iShares Core Dividend ETF	22.13%	1.59B	Nov 2017	FCFY vs DIVB
VFLO	VictoryShares Free Cash Flow ETF	22.09%	8.17B	Jun 2023	FCFY vs VFLO
AVLV	Avantis U.S. Large Cap Value ETF	22.07%	16.76B	Sep 2021	FCFY vs AVLV

Lowest Volatility Alternatives to FCFY

FCFY has 16.16% 1-year volatility. There are 134 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 4.14%.

Symbol	Name	Volatility 1Y	AUM	Inception
KWIN	KraneShares Wahed Alternative Income Index ETF	4.14%	60.27M	Oct 2025	FCFY vs KWIN
DLN	WisdomTree U.S. LargeCap Dividend Fund	8.90%	6.21B	Jun 2006	FCFY vs DLN
BGIG	Bahl & Gaynor Income Growth ETF	8.97%	342.03M	Sep 2023	FCFY vs BGIG
ABEQ	Absolute Select Value ETF	9.08%	142.20M	Jan 2020	FCFY vs ABEQ
MDLV	Morgan Dempsey Large Cap Value ETF	9.17%	32.39M	Apr 2023	FCFY vs MDLV

Lowest Drawdown Alternatives to FCFY

FCFY has a 1-year max drawdown of -11.94%. There are 118 ETFs in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.05%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PWV	Invesco Dynamic Large Cap Value ETF	-4.05%	1.62B	Mar 2005	FCFY vs PWV
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.48B	Mar 2006	FCFY vs FDL
MDLV	Morgan Dempsey Large Cap Value ETF	-4.27%	32.39M	Apr 2023	FCFY vs MDLV
VMAX	Hartford US Value ETF	-4.93%	48.88M	Dec 2023	FCFY vs VMAX
ELCV	Eventide High Dividend ETF	-5.05%	150.61M	Sep 2024	FCFY vs ELCV

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $24B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	31	28.94%	14.26B	Jul 2015	FCFY vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	49	16.65%	11.74B	Nov 2009	FCFY vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	69	24.42%	10.80B	Mar 2014	FCFY vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	4	-8.35%	132.86M	Feb 2012	FCFY vs NFTY
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-8.26%	510.89M	Mar 2021	FCFY vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	92	77.15%	2.46B	Sep 2016	FCFY vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	33	13.37%	4.34B	Aug 2012	FCFY vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	46	17.05%	718.18M	Feb 2007	FCFY vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	37	9.14%	3.40B	Mar 2018	FCFY vs KNG
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	81	16.33%	24.39B	Jan 2014	FCFY vs RDVY

Often Compared With FCFY

Investors most often compare FCFY with COWZ, BDGS, DSTL. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	69	8.89%	18.15B	Dec 2016	FCFY vs COWZ
BDGS	Bridges Capital Tactical ETF	Large Cap Blend Equities	76	6.04%	42.09M	May 2023	FCFY vs BDGS
DSTL	Distillate U.S. Fundamental Stability & Value ETF	Large Cap Value Equities	45	8.79%	1.88B	Oct 2018	FCFY vs DSTL
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.72%	1.70T	Sep 2010	FCFY vs VOO
LVDS	JPMorgan Fundamental Data Science Large Value ETF	Large Cap Value Equities	93	19.24%	107.93M	Jul 2025	FCFY vs LVDS
SPY	State Street SPDR S&P 500 ETF	S&P 500	65	10.67%	783.21B	Jan 1993	FCFY vs SPY
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	91	22.44%	98.55B	Oct 2011	FCFY vs SCHD
MFVL	Motley Fool Value Factor ETF	Large Cap Value Equities	—	4.66%	6.44M	Dec 2025	FCFY vs MFVL
DIVZ	Opal Dividend Income ETF	Large Cap Value Equities	44	7.55%	278.53M	Jan 2021	FCFY vs DIVZ
HDV	iShares Core High Dividend ETF	Dividend, Large Cap Value Equities	85	18.49%	13.91B	Mar 2011	FCFY vs HDV
CSTK	Invesco Comstock Contrarian Equity ETF	Large Cap Value Equities	79	14.36%	—	May 2025	FCFY vs CSTK
DEW	WisdomTree Global High Dividend Fund	Large Cap Value Equities, Dividend	92	17.21%	142.37M	Jun 2006	FCFY vs DEW
GCOW	Pacer Global Cash Cows Dividend ETF	Large Cap Value Equities, Dividend	75	10.82%	3.24B	Feb 2016	FCFY vs GCOW
FEGE	First Eagle Global Equity ETF	Large Cap Value Equities	68	8.59%	1.90B	Dec 2024	FCFY vs FEGE
FIW	First Trust Water ETF	Water Equities	12	1.34%	1.84B	May 2007	FCFY vs FIW
IGF	iShares Global Infrastructure ETF	Industrials Equities	65	10.51%	10.87B	Dec 2007	FCFY vs IGF
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	18	5.34%	733.99M	Feb 2018	FCFY vs ROBT
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Blend Equities	26	8.93%	7.08B	May 2011	FCFY vs SPLV
KEAT	Keating Active ETF	Global Allocation	63	6.38%	99.30M	Mar 2024	FCFY vs KEAT

Compare FCFY with Any Fund or Stock

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

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Diversifiers

Pair FCFY with funds that move differently

First Trust S&P 500 Diversified Free Cash Flow ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCFY.

Explore FCFY Diversifiers

First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) Alternatives