- ISIN
- US33737M1027
- CUSIP
- 33737M102
- Issuer
- First Trust
- Inception Date
- Apr 18, 2011
- Region
- North America (U.S.)
- Category
- Mid Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ AlphaDEX Mid Cap Growth Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $571M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FNY Performance Chart
First Trust Mid Cap Growth AlphaDEX Fund (FNY) is up 15.0% since the beginning of the year. FNY is currently trading at $105 per share. Investors who bought $1,000 worth of FNY shares 5 years ago would now be looking at an investment worth $1,505.
Loading charts...
Returns By Period
First Trust Mid Cap Growth AlphaDEX Fund (FNY) has returned 14.97% so far this year and 31.70% over the past 12 months. Over the last ten years, FNY has had an annualized return of 13.69%, just under the S&P 500 Index benchmark’s 13.75%.
First Trust Mid Cap Growth AlphaDEX Fund
- 1D
- 0.98%
- 1M
- 4.27%
- YTD
- 14.97%
- 6M
- 15.35%
- 1Y
- 31.70%
- 3Y*
- 19.99%
- 5Y*
- 8.52%
- 10Y*
- 13.69%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FNY Monthly Returns History
Based on dividend-adjusted daily data since Apr 20, 2011, FNY's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 64% of months were positive and 36% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.85% | 2.54% | -6.82% | 11.24% | 4.01% | 0.15% | 14.97% | ||||||
| 2025 | 5.60% | -5.17% | -6.53% | -0.96% | 6.92% | 4.01% | 2.18% | 4.29% | 4.28% | 1.56% | -0.43% | -1.56% | 14.03% |
| 2024 | -2.38% | 9.67% | 3.67% | -6.85% | 4.44% | 0.03% | 4.24% | 1.55% | 2.64% | -0.68% | 11.09% | -8.80% | 18.09% |
| 2023 | 8.33% | -1.03% | -1.46% | -0.45% | -1.01% | 10.55% | 2.99% | -3.75% | -5.48% | -7.40% | 10.28% | 9.99% | 21.13% |
| 2022 | -11.69% | 0.34% | 1.45% | -8.01% | 0.54% | -11.37% | 12.06% | -3.35% | -9.56% | 11.27% | 2.43% | -7.37% | -23.80% |
| 2021 | 3.62% | 1.80% | -1.44% | 3.27% | -0.64% | 8.03% | -2.43% | 2.35% | -4.44% | 5.81% | -4.27% | 1.84% | 13.46% |
Benchmark Metrics
First Trust Mid Cap Growth AlphaDEX Fund has an annualized alpha of -0.43%, 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 107.69% 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.
- Alpha
- -0.43%
- Beta
- 1.05
- R²
- 0.75
- Upside Capture
- 107.69%
- Downside Capture
- 111.61%
Expense Ratio
FNY has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FNY ranks 48 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Mid Cap Growth AlphaDEX Fund (FNY) and compare them to S&P 500 Index.
| FNY | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.60 | 2.39 | -0.79 |
Sortino ratioReturn per unit of downside risk | 2.28 | 3.25 | -0.98 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.43 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 2.65 | 3.11 | -0.46 |
Martin ratioReturn relative to average drawdown | 9.62 | 14.38 | -4.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.03 | $0.03 | $0.45 | $0.17 | $0.13 | $0.00 | $0.16 | $0.13 | $0.02 | $0.08 | $0.19 | $0.13 |
Dividend yield | 0.03% | 0.03% | 0.56% | 0.24% | 0.24% | 0.00% | 0.25% | 0.28% | 0.06% | 0.21% | 0.60% | 0.46% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.14 | $0.45 |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.11 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Loading charts...
Worst Drawdowns
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 0.95%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.91%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -33.94%Sep 2022 | 10mo 21d | 1y 11mo | 2y 10moNov 2021 - Sep 2024 |
Rate-hike selloffLate 2018 | -29.03%Dec 2018 | 3mo 8d | 7mo 2d | 10mo 10dSep 2018 - Jul 2019 |
2011 bear market2011 | -25.68%Oct 2011 | 2mo 27d | 1y 3mo | 1y 6moJul 2011 - Jan 2013 |
2025 selloff2025 | -24.97%Apr 2025 | 4mo 13d | 4mo 22d | 9mo 5dNov 2024 - Aug 2025 |
Drawdown Indicators
| FNY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.91% | -56.78% | +17.87% |
Max Drawdown (1Y)Largest decline over 1 year | -12.01% | -9.10% | -2.91% |
Max Drawdown (3Y)Largest decline over 3 years | -24.97% | -18.90% | -6.07% |
Max Drawdown (5Y)Largest decline over 5 years | -33.94% | -25.43% | -8.51% |
Max Drawdown (10Y)Largest decline over 10 years | -38.91% | -33.92% | -4.99% |
Current DrawdownCurrent decline from peak | -0.95% | 0.00% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -7.60% | -10.72% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 1.97% | +1.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FNY
Add First Trust Mid Cap Growth AlphaDEX Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FNY