First Trust Latin America AlphaDEX Fund (FLN)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Trust Latin America AlphaDEX Fund (FLN) is up 11.7% since the beginning of the year. FLN is currently trading at $25 per share. Investors who bought $1,000 worth of FLN shares 5 years ago would now be looking at an investment worth $1,537.

First Trust Latin America AlphaDEX Fund (FLN) has returned 11.67% so far this year and 36.27% over the past 12 months. Over the last ten years, FLN has returned 9.85% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Apr 20, 2011, FLN's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.

Historically, 50% of months were positive and 50% were negative. The best month was Jan 2019 with a return of +18.7%, while the worst month was Mar 2020 at -37.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FLN closed higher 47% of trading days. The best single day was Aug 9, 2011 with a return of +38.2%, while the worst single day was Aug 8, 2011 at -27.3%.

First Trust Latin America AlphaDEX Fund has an annualized alpha of -4.60%, beta of 0.88, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since April 21, 2011.

• This ETF participated in 125.47% of S&P 500 Index downside but only 80.63% of its upside - more exposed to losses than it benefited from rallies.
• R2 of 0.27 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

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

FLN ranks 53 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for First Trust Latin America AlphaDEX Fund (FLN) and compare them to S&P 500 Index.

First Trust Latin America AlphaDEX Fund provided a 3.59% dividend yield over the last twelve months, with an annual payout of $0.90 per share.

The table displays the monthly dividend distributions for First Trust Latin America 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 Latin America 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 Latin America AlphaDEX Fund was 57.95%, occurring on Jan 20, 2016. Recovery took 1002 trading sessions.

The current First Trust Latin America AlphaDEX Fund drawdown is 9.99%.

The chart below shows the rolling one-month volatility.