FNY Alternatives & Similar ETFs

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
BKMC	BNY Mellon US Mid Cap Core Equity ETF	0.04%	647.82M	Apr 2020	FNY vs BKMC
VOT	Vanguard Mid-Cap Growth ETF	0.05%	34.80B	Aug 2006	FNY vs VOT
IMCG	iShares Morningstar Mid-Cap Growth ETF	0.06%	3.92B	Jun 2004	FNY vs IMCG
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	0.10%	1.90B	Sep 2010	FNY vs IVOG
MDYG	SPDR S&P 400 Mid Cap Growth ETF	0.15%	2.81B	Nov 2005	FNY vs MDYG

Best Risk-Adjusted Alternatives to FNY

FNY has a PortfoliosLab risk / return rank of 50. There are 11 ETFs in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 92.

Symbol	Name	Risk / Return Rank	AUM	Inception
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	92	16.19M	Sep 2024	FNY vs TEKX
QQQJ	Invesco NASDAQ Next Gen 100 ETF	80	1.12B	Oct 2020	FNY vs QQQJ
JHMM	John Hancock Multifactor Mid Cap ETF	71	5.92B	Sep 2015	FNY vs JHMM
PAMC	Pacer Lunt MidCap Multi-Factor Alternator ETF	65	53.99M	Jun 2020	FNY vs PAMC
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	62	1.90B	Sep 2010	FNY vs IVOG

Top Performing FNY Alternatives (YTD)

FNY is at 14.07% YTD. There are 15 ETFs in the Mid Cap Growth Equities category with higher YTD returns, going as high as 69.56%.

Symbol	Name	YTD Return	AUM	Inception
TEKX	SPDR Galaxy Transformative Tech Accelerators ETF	69.56%	16.19M	Sep 2024	FNY vs TEKX
BOUT	Innovator IBD Breakout Opportunities ETF	27.28%	15.73M	Sep 2018	FNY vs BOUT
IMCG	iShares Morningstar Mid-Cap Growth ETF	21.28%	3.92B	Jun 2004	FNY vs IMCG
QQQJ	Invesco NASDAQ Next Gen 100 ETF	21.27%	1.12B	Oct 2020	FNY vs QQQJ
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	17.52%	1.90B	Sep 2010	FNY vs IVOG

Lowest Volatility Alternatives to FNY

FNY has 21.27% 1-year volatility. There are 28 ETFs in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
QQQN	VictoryShares Nasdaq Next 50 ETF	0.00%	30.47M	Sep 2020	FNY vs QQQN
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Co...	11.56%	303.80M	Apr 2019	FNY vs TPLC
JHMM	John Hancock Multifactor Mid Cap ETF	14.32%	5.92B	Sep 2015	FNY vs JHMM
KMID	Virtus KAR Mid-Cap ETF	14.88%	45.49M	Oct 2024	FNY vs KMID
QMID	WisdomTree U.S. MidCap Quality Growth Fund	15.08%	2.19M	Jan 2024	FNY vs QMID

Lowest Drawdown Alternatives to FNY

FNY has a 1-year max drawdown of -12.01%. There are 15 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
TPLC	Timothy Plan Fund Timothy Plan US Large/Mid Cap Co...	-7.58%	303.80M	Apr 2019	FNY vs TPLC
JHMM	John Hancock Multifactor Mid Cap ETF	-8.64%	5.92B	Sep 2015	FNY vs JHMM
IVOG	Vanguard S&P Mid-Cap 400 Growth ETF	-9.69%	1.90B	Sep 2010	FNY vs IVOG
BKMC	BNY Mellon US Mid Cap Core Equity ETF	-9.82%	647.82M	Apr 2020	FNY vs BKMC
MDYG	SPDR S&P 400 Mid Cap Growth ETF	-9.91%	2.81B	Nov 2005	FNY vs MDYG

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	44	31.78%	14.31B	Jul 2015	FNY vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Infrastructure Equities, Alternative Energy Equities, Energy Equities	53	19.50%	11.67B	Nov 2009	FNY vs GRID
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	63	22.38%	10.18B	Mar 2014	FNY vs AIRR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	India Equities, Equal Weight, Asia Pacific Equities	9	-5.08%	118.19M	Feb 2012	FNY vs NFTY
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	92	18.62%	7.77B	Mar 2006	FNY vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	23	-6.86%	514.13M	Mar 2021	FNY vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	91	68.79%	1.27B	Sep 2016	FNY vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	49	16.55%	4.18B	Aug 2012	FNY vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities, Energy Equities	42	13.15%	586.61M	Feb 2007	FNY vs QCLN
RDVY	First Trust Rising Dividend Achievers ETF	Dividend, Large Cap Blend Equities	88	18.21%	24.89B	Jan 2014	FNY vs RDVY

Often Compared With FNY

Investors most often compare FNY with SPY, SMOT, FNCMX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	FNY vs SPY
SMOT	VanEck Morningstar SMID Moat ETF	Mid Cap Blend Equities	45	10.51%	328.42M	Oct 2022	FNY vs SMOT
FNCMX	Fidelity NASDAQ Composite Index Fund	Large Cap Growth Equities	33	9.51%	—	Sep 2003	FNY vs FNCMX
PMAQX	Principal MidCap R6	Mid Cap Growth Equities	1	-4.40%	—	Nov 2016	FNY vs PMAQX
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	53	12.43%	51.09B	Sep 2000	FNY vs SPYG
COWZ	Pacer US Cash Cows 100 ETF	Mid Cap Value Equities, Dividend	87	12.39%	17.98B	Dec 2016	FNY vs COWZ
XMHQ	Invesco S&P MidCap Quality ETF	Quality Factor, Mid Cap Blend Equities	48	13.81%	5.45B	Dec 2006	FNY vs XMHQ
FLQM	Franklin LibertyQ U.S. Mid Cap Equity ETF	Mid Cap Blend Equities	43	8.31%	1.57B	Apr 2017	FNY vs FLQM
TSME	Thrivent Small-Mid Cap ESG ETF	Mid Cap Blend Equities	43	18.79%	968.94M	Oct 2022	FNY vs TSME
CSMD	Congress SMID Growth ETF	Mid Cap Growth Equities	20	9.08%	454.81M	Aug 2023	FNY vs CSMD
FAD	First Trust Multi Cap Growth AlphaDEX Fund	Mid Cap Growth Equities	56	15.45%	577.43M	May 2007	FNY vs FAD
ODIIX	Invesco Discovery Fund Class R6	Small Cap Growth Equities	59	21.02%	—	Jan 2012	FNY vs ODIIX
DGRE	WisdomTree Emerging Markets Quality Dividend Growt...	Quality Factor, Emerging Markets Equities, Dividend	77	24.33%	141.38M	Aug 2013	FNY vs DGRE
AMID	Argent Mid Cap ETF	Mid Cap Growth Equities	23	7.92%	111.38M	Aug 2022	FNY vs AMID
XMMO	Invesco S&P MidCap Momentum ETF	Momentum, Mid Cap Growth Equities	44	13.32%	7.18B	Mar 2005	FNY vs XMMO
IWR	iShares Russell Midcap ETF	Mid Cap Blend Equities	71	16.00%	55.94B	Jul 2001	FNY vs IWR
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	2.13%	99.95B	May 2020	FNY vs SGOV
IWP	iShares Russell Mid-Cap Growth ETF	Mid Cap Growth Equities	12	2.33%	19.72B	Jul 2001	FNY vs IWP
SCHM	Schwab US Mid-Cap ETF	Mid Cap Blend Equities	73	17.93%	14.50B	Jan 2011	FNY vs SCHM
VO	Vanguard Mid-Cap ETF	Mid Cap Blend Equities	60	13.50%	224.00B	Jan 2004	FNY vs VO

Compare FNY with Any Fund or Stock

Compare FNY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

First Trust Mid Cap Growth AlphaDEX Fund (FNY) Alternatives