First Trust Mid Cap Growth AlphaDEX Fund (FNY) belongs to the Mid Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FNY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNY
FNY charges 0.70% annually. There are 31 ETFs in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BNY Mellon US Mid Cap Core Equity ETF | 0.04% | 649.75M | Apr 2020 | FNY vs BKMC | |
| Schwab US Mid-Cap ETF | 0.04% | 14.58B | Jan 2011 | FNY vs SCHM | |
| iShares Morningstar Mid-Cap Growth ETF | 0.06% | 3.75B | Jun 2004 | FNY vs IMCG | |
| Vanguard Mid-Cap Growth ETF | 0.07% | 32.20B | Aug 2006 | FNY vs VOT | |
| SPDR S&P 400 Mid Cap Growth ETF | 0.15% | 2.80B | Nov 2005 | FNY vs MDYG |
Best Risk-Adjusted Alternatives to FNY
FNY has a PortfoliosLab risk / return rank of 48. There are 14 ETFs in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Galaxy Transformative Tech Accelerators ETF | 94 | 11.43M | Sep 2024 | FNY vs TEKX | |
| Pinnacle Focused Opportunities ETF | 81 | 86.69M | Dec 2022 | FNY vs FCUS | |
| Invesco S&P MidCap Momentum ETF | 67 | 7.49B | Mar 2005 | FNY vs XMMO | |
| Schwab US Mid-Cap ETF | 65 | 14.58B | Jan 2011 | FNY vs SCHM | |
| First Trust Multi Cap Growth AlphaDEX Fund | 60 | 536.46M | May 2007 | FNY vs FAD |
Top Performing FNY Alternatives (YTD)
FNY is at 14.97% YTD. There are 16 ETFs in the Mid Cap Growth Equities category with higher YTD returns, going as high as 81.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Galaxy Transformative Tech Accelerators ETF | 81.17% | 11.43M | Sep 2024 | FNY vs TEKX | |
| Pinnacle Focused Opportunities ETF | 50.06% | 86.69M | Dec 2022 | FNY vs FCUS | |
| Innovator IBD Breakout Opportunities ETF | 31.39% | 15.73M | Sep 2018 | FNY vs BOUT | |
| Invesco Dorsey Wright Momentum ETF | 24.95% | 1.55B | Mar 2007 | FNY vs PDP | |
| Alpha Architect U.S. Quantitative Momentum ETF | 24.65% | 418.62M | Dec 2015 | FNY vs QMOM |
Lowest Volatility Alternatives to FNY
FNY has 19.91% 1-year volatility. There are 28 ETFs in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 11.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Timothy Plan Fund Timothy Plan US Large/Mid Cap Co... | 11.50% | 310.95M | Apr 2019 | FNY vs TPLC | |
| Fidelity Enhanced Mid Cap Growth ETF | 12.04% | 6.21M | Apr 2026 | FNY vs FEMG | |
| iShares Russell Midcap ETF | 13.39% | 54.80B | Jul 2001 | FNY vs IWR | |
| Invesco ESG NASDAQ Next Gen 100 ETF | 14.06% | 6.67M | Oct 2021 | FNY vs QQJG | |
| John Hancock Multifactor Mid Cap ETF | 14.12% | 5.58B | Sep 2015 | FNY vs JHMM |
Lowest Drawdown Alternatives to FNY
FNY has a 1-year max drawdown of -12.01%. There are 19 ETFs in the Mid Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.58%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Timothy Plan Fund Timothy Plan US Large/Mid Cap Co... | -7.58% | 310.95M | Apr 2019 | FNY vs TPLC | |
| Invesco ESG NASDAQ Next Gen 100 ETF | -7.93% | 6.67M | Oct 2021 | FNY vs QQJG | |
| iShares Russell Midcap ETF | -8.17% | 54.80B | Jul 2001 | FNY vs IWR | |
| Invesco S&P MidCap Momentum ETF | -8.34% | 7.49B | Mar 2005 | FNY vs XMMO | |
| John Hancock Multifactor Mid Cap ETF | -8.64% | 5.58B | Sep 2015 | FNY vs JHMM |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 categories. AUM among these funds goes as high as $14B.
Often Compared With FNY
Investors most often compare FNY with SPY, FNCMX, SMOT. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FNY with Any Fund or Stock
Compare FNY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNY with funds that move differently
First Trust Mid Cap Growth AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNY.
Explore FNY Diversifiers