First Trust Mid Cap Growth AlphaDEX Fund (FNY)

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The chart shows the growth of an initial investment of $10,000 in First Trust Mid Cap Growth 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 Mid Cap Growth AlphaDEX Fund (FNY) has returned -0.78% so far this year and 20.89% over the past 12 months. Over the last decade, FNY has posted an annualized return of 12.30%, slightly higher than the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Apr 20, 2011, FNY's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, your investment would double in approximately 5.9 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +14.0%, while the worst month was Mar 2020 at -17.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FNY closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.1%, while the worst single day was Mar 16, 2020 at -10.2%.

First Trust Mid Cap Growth AlphaDEX Fund has an annualized alpha of -0.33%, beta of 1.05, and R² of 0.75 versus S&P 500 Index. Calculated based on daily prices since April 21, 2011.

• This ETF participated in 111.61% of S&P 500 Index downside but only 108.18% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.05 and R² of 0.75, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FNY has an expense ratio of 0.70%, placing it in the medium range.

FNY ranks 52 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 Mid Cap Growth AlphaDEX Fund (FNY) and compare them to a chosen benchmark (S&P 500 Index).

First Trust Mid Cap Growth AlphaDEX Fund provided a 0.03% dividend yield over the last twelve months, with an annual payout of $0.03 per share.

The table displays the monthly dividend distributions for First Trust Mid Cap Growth 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 Mid Cap Growth 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 Mid Cap Growth AlphaDEX Fund was 38.91%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.

The current First Trust Mid Cap Growth AlphaDEX Fund drawdown is 8.53%.

The chart below shows the rolling one-month volatility.