First Trust US Equity Opportunities ETF (FPX) belongs to the Large 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 FPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FPX
FPX charges 0.57% annually. There are 136 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | FPX vs ILCB | |
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | FPX vs VUG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | FPX vs SPYG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | FPX vs IUSG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | FPX vs SCHG |
Best Risk-Adjusted Alternatives to FPX
FPX has a PortfoliosLab risk / return rank of 53. There are 65 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 85 | 33.20M | Dec 2021 | FPX vs DARP | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | FPX vs NACP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | FPX vs MFUS | |
| Hartford Multifactor US Equity ETF | 82 | 656.33M | Feb 2015 | FPX vs ROUS | |
| Inspire 100 ETF | 82 | 495.57M | Oct 2017 | FPX vs BIBL |
Top Performing FPX Alternatives (YTD)
FPX is at 19.68% YTD. There are 19 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 57.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 57.26% | 26.18M | Oct 2025 | FPX vs MEME | |
| SMART Earnings Growth 30 ETF | 45.10% | 50.41M | Aug 2025 | FPX vs SGRT | |
| Franklin Intelligent Machines ETF | 35.15% | 117.69M | Feb 2020 | FPX vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 30.53% | 170.29M | Mar 2025 | FPX vs FMTM | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | FPX vs RPG |
Lowest Volatility Alternatives to FPX
FPX has 24.36% 1-year volatility. There are 198 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | FPX vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.50B | Apr 2015 | FPX vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.53% | 774.52M | Sep 2005 | FPX vs PFM | |
| iShares Core Dividend Growth ETF | 9.53% | 41.89B | Jun 2014 | FPX vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.79% | 1.36B | Aug 2020 | FPX vs TDVG |
Lowest Drawdown Alternatives to FPX
FPX has a 1-year max drawdown of -12.28%. There are 86 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | FPX vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | FPX vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | FPX vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | FPX vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | FPX vs QUS |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With FPX
Investors most often compare FPX with IPO, SPY, MSOS. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FPX with Any Fund or Stock
Compare FPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FPX with funds that move differently
First Trust US Equity Opportunities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FPX.
Explore FPX Diversifiers