First Trust Large Cap Core AlphaDEX Fund (FEX)

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The chart shows the growth of an initial investment of $10,000 in First Trust Large Cap Core AlphaDEX Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

First Trust Large Cap Core AlphaDEX Fund (FEX) has returned 3.04% so far this year and 20.33% over the past 12 months. Over the last ten years, FEX has had an annualized return of 11.97%, just under the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since May 10, 2007, FEX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, your investment would double in approximately 6.8 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +15.5%, while the worst month was Oct 2008 at -19.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FEX closed higher 53% of trading days. The best single day was Nov 24, 2008 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -12.7%.

First Trust Large Cap Core AlphaDEX Fund has an annualized alpha of 1.98%, beta of 0.90, and R² of 0.78 versus S&P 500 Index. Calculated based on daily prices since May 11, 2007.

• This ETF captured 106.94% of S&P 500 Index gains and 102.33% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 0.90 and R² of 0.78, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FEX has an expense ratio of 0.59%, placing it in the medium range.

FEX ranks 65 for risk / return — better than 65% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for First Trust Large Cap Core AlphaDEX Fund (FEX) and compare them to a chosen benchmark (S&P 500 Index).

First Trust Large Cap Core AlphaDEX Fund provided a 1.06% dividend yield over the last twelve months, with an annual payout of $1.30 per share.

The table displays the monthly dividend distributions for First Trust Large Cap Core AlphaDEX Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the First Trust Large Cap Core 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 Large Cap Core AlphaDEX Fund was 58.81%, occurring on Mar 6, 2009. Recovery took 493 trading sessions.

The current First Trust Large Cap Core AlphaDEX Fund drawdown is 4.27%.

The chart below shows the rolling one-month volatility.