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ISIN
US33737J1741
CUSIP
33737J174
Inception Date
Apr 18, 2011
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
NASDAQ AlphaDEX DM Ex-US Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$1B

Share Price Chart


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Performance

FDT Performance Chart

First Trust Developed Markets ex-US AlphaDEX Fund (FDT) is up 26.1% since the beginning of the year. FDT is currently trading at $100 per share. Investors who bought $1,000 worth of FDT shares 5 years ago would now be looking at an investment worth $1,884.


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S&P 500 Index

Returns By Period

First Trust Developed Markets ex-US AlphaDEX Fund (FDT) has returned 26.09% so far this year and 54.27% over the past 12 months. Over the last ten years, FDT has returned 11.64% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


First Trust Developed Markets ex-US AlphaDEX Fund

1D
0.40%
1M
2.82%
YTD
26.09%
6M
26.12%
1Y
54.27%
3Y*
29.97%
5Y*
13.51%
10Y*
11.64%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FDT Monthly Returns History

Based on dividend-adjusted daily data since Apr 19, 2011, FDT's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +12.2%, while the worst month was Mar 2020 at -18.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FDT closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +9.8%, while the worst single day was Mar 12, 2020 at -11.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.91%11.40%-10.30%9.33%6.02%-0.95%26.09%
20253.13%3.35%1.24%4.76%7.31%6.53%1.14%4.79%3.99%2.36%1.97%2.41%52.21%
2024-0.70%3.00%4.85%-2.74%5.20%-2.57%3.60%0.44%1.10%-3.21%1.04%-2.74%6.97%
20239.22%-3.17%0.84%0.79%-4.21%6.76%6.41%-4.04%-3.66%-4.78%6.94%4.47%15.03%
2022-4.22%-2.07%1.80%-7.23%3.13%-12.26%3.42%-3.69%-11.91%5.16%11.02%-1.97%-19.51%
20210.41%1.62%4.63%3.33%4.43%-2.48%0.56%0.75%-3.42%1.66%-4.48%4.39%11.43%

Benchmark Metrics

First Trust Developed Markets ex-US AlphaDEX Fund has an annualized alpha of -2.47%, beta of 0.87, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since April 19, 2011.

  • This ETF participated in 102.43% of S&P 500 Index downside but only 81.76% of its upside - more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -2.47% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • With beta of 0.87 and R2 of 0.66, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
-2.47%
Beta
0.87
0.66
Upside Capture
81.76%
Downside Capture
102.43%

Expense Ratio

FDT has an expense ratio of 0.80%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FDT ranks 84 for risk / return — in the top 84% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


FDT Risk / Return Rank: 8484
Overall Rank
FDT Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
FDT Sortino Ratio Rank: 8383
Sortino Ratio Rank
FDT Omega Ratio Rank: 8686
Omega Ratio Rank
FDT Calmar Ratio Rank: 8181
Calmar Ratio Rank
FDT Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for First Trust Developed Markets ex-US AlphaDEX Fund (FDT) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FDTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.74

Sortino ratioReturn per unit of downside risk

+0.78

Omega ratioGain probability vs. loss probability

1.50

1.37

+0.13

Calmar ratioReturn relative to maximum drawdown

4.07

2.78

+1.28

Martin ratioReturn relative to average drawdown

15.38

12.44

+2.94

Dividends

Dividend History

First Trust Developed Markets ex-US AlphaDEX Fund provided a 2.82% dividend yield over the last twelve months, with an annual payout of $2.82 per share.


1.50%2.00%2.50%3.00%3.50%4.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.82$2.60$2.10$2.29$1.09$2.31$1.37$1.55$1.05$0.98$0.83$0.85

Dividend yield

2.82%3.27%3.89%4.36%2.29%3.80%2.42%2.78%2.13%1.57%1.76%1.83%

Monthly Dividends

The table displays the monthly dividend distributions for First Trust Developed Markets ex-US AlphaDEX Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.33$0.00$0.00$0.00$0.33
2025$0.00$0.00$0.11$0.00$0.00$0.98$0.00$0.00$0.41$0.00$0.00$1.11$2.60
2024$0.00$0.00$0.20$0.00$0.00$0.87$0.00$0.00$0.25$0.00$0.00$0.79$2.10
2023$0.00$0.00$0.20$0.00$0.00$0.88$0.00$0.00$0.28$0.00$0.00$0.93$2.29
2022$0.00$0.00$0.08$0.00$0.00$0.66$0.00$0.00$0.16$0.00$0.00$0.19$1.09
2021$0.00$0.00$0.23$0.00$0.00$0.61$0.00$0.00$0.36$0.00$0.00$1.11$2.31

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Developed Markets ex-US 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 Developed Markets ex-US AlphaDEX Fund was 46.10%, occurring on Mar 23, 2020. Recovery took 268 trading sessions.

The current First Trust Developed Markets ex-US AlphaDEX Fund drawdown is 1.13%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-46.10%Mar 2020
2y 1mo1y 23d
3y 2moJan 2018 - Apr 2021
2011 bear market2011
-33.25%Oct 2011
5mo 4d1y 11mo
2y 4moMay 2011 - Sep 2013
Bear market2022
-33.18%Sep 2022
1y 3mo2y
3y 3moJun 2021 - Sep 2024
2016 bear market2016
-22.94%Feb 2016
8mo 25d1y 1mo
1y 9moMay 2015 - Mar 2017
2014 correction2014
-14.71%Oct 2014
3mo 11d7mo 1d
10mo 12dJul 2014 - May 2015

Drawdown Indicators


FDTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-46.10%

-56.78%

+10.68%

Max Drawdown (1Y)

Largest decline over 1 year

-13.41%

-9.10%

-4.31%

Max Drawdown (3Y)

Largest decline over 3 years

-14.29%

-18.90%

+4.61%

Max Drawdown (5Y)

Largest decline over 5 years

-32.80%

-25.43%

-7.37%

Max Drawdown (10Y)

Largest decline over 10 years

-46.10%

-33.92%

-12.18%

Current Drawdown

Current decline from peak

-1.13%

-1.80%

+0.67%

Average Drawdown

Average peak-to-trough decline

-10.75%

-10.71%

-0.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.54%

2.03%

+1.51%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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