FTA Alternatives & Similar ETFs

First Trust Large Cap Value AlphaDEX Fund (FTA) belongs to the Large Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FTA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FTA

FTA charges 0.60% annually. There are 114 ETFs in the Large Cap Value Equities category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
VTV	Vanguard Value ETF	0.04%	245.00B	Jan 2004	FTA vs VTV
SPYV	SPDR Portfolio S&P 500 Value ETF	0.04%	35.07B	Sep 2000	FTA vs SPYV
IUSV	iShares Core S&P U.S. Value ETF	0.04%	26.18B	Jul 2000	FTA vs IUSV
SCHV	Schwab U.S. Large-Cap Value ETF	0.04%	15.79B	Dec 2009	FTA vs SCHV
ILCV	iShares Morningstar Value ETF	0.04%	1.38B	Jun 2004	FTA vs ILCV

Best Risk-Adjusted Alternatives to FTA

FTA has a PortfoliosLab risk / return rank of 80. There are 35 ETFs in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	96	14.76B	Apr 2013	FTA vs VLUE
SEIV	SEI Enhanced US Large Cap Value Factor ETF	92	956.28M	May 2022	FTA vs SEIV
PWV	Invesco Dynamic Large Cap Value ETF	91	1.53B	Mar 2005	FTA vs PWV
AVLV	Avantis U.S. Large Cap Value ETF	91	12.01B	Sep 2021	FTA vs AVLV
LSVD	LSV Disciplined Value ETF	90	617.15M	Dec 2024	FTA vs LSVD

Top Performing FTA Alternatives (YTD)

FTA is at 12.09% YTD. There are 59 ETFs in the Large Cap Value Equities category with higher YTD returns, going as high as 45.30%.

Symbol	Name	YTD Return	AUM	Inception
VLUE	iShares MSCI USA Value Factor ETF	45.30%	14.76B	Apr 2013	FTA vs VLUE
CBSE	Clough Select Equity ETF	27.35%	55.44M	Nov 2020	FTA vs CBSE
ELCV	Eventide High Dividend ETF	23.11%	150.61M	Sep 2024	FTA vs ELCV
AVLV	Avantis U.S. Large Cap Value ETF	20.57%	12.01B	Sep 2021	FTA vs AVLV
ROE	Astoria US Equal Weight Quality Kings ETF	19.29%	164.26M	Jul 2023	FTA vs ROE

Lowest Volatility Alternatives to FTA

FTA has 11.74% 1-year volatility. There are 83 ETFs in the Large Cap Value Equities category with lower 1-year volatility, going as low as 8.94%.

Symbol	Name	Volatility 1Y	AUM	Inception
MDLV	Morgan Dempsey Large Cap Value ETF	8.94%	32.39M	Apr 2023	FTA vs MDLV
ABEQ	Absolute Select Value ETF	8.95%	141.50M	Jan 2020	FTA vs ABEQ
DLN	WisdomTree U.S. LargeCap Dividend Fund	9.03%	6.12B	Jun 2006	FTA vs DLN
BGIG	Bahl & Gaynor Income Growth ETF	9.07%	342.03M	Sep 2023	FTA vs BGIG
DTD	WisdomTree U.S. Total Dividend Fund	9.41%	1.61B	Jun 2006	FTA vs DTD

Lowest Drawdown Alternatives to FTA

FTA has a 1-year max drawdown of -5.13%. There are 5 ETFs in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -4.05%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PWV	Invesco Dynamic Large Cap Value ETF	-4.05%	1.53B	Mar 2005	FTA vs PWV
MDLV	Morgan Dempsey Large Cap Value ETF	-4.27%	32.39M	Apr 2023	FTA vs MDLV
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	9.22B	Mar 2006	FTA vs FDL
VMAX	Hartford US Value ETF	-4.93%	48.54M	Dec 2023	FTA vs VMAX
ELCV	Eventide High Dividend ETF	-5.05%	150.61M	Sep 2024	FTA vs ELCV

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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	FTA vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	FTA vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	FTA vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	FTA vs AIRR
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	FTA vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	FTA vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	FTA vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	FTA vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	FTA vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	20	3.51%	784.37M	Feb 2018	FTA vs ROBT

Often Compared With FTA

Investors most often compare FTA with COTZX, GPAIX, SPY. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
COTZX	Columbia Thermostat Fund	Tactical Allocation	64	2.76%	—	Sep 2002	FTA vs COTZX
GPAIX	Grant Park Multi Alternative Strategies Fund	Macro Trading	45	5.09%	—	Dec 2013	FTA vs GPAIX
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	FTA vs SPY
FNCMX	Fidelity NASDAQ Composite Index Fund	Large Cap Growth Equities	53	12.94%	—	Sep 2003	FTA vs FNCMX
MOAT	VanEck Morningstar Wide Moat ETF	Large Cap Blend Equities	23	-2.39%	13.10B	Apr 2012	FTA vs MOAT
^GSPC	S&P 500 Index		61	7.60%	—	—	FTA vs ^GSPC
XLG	Invesco S&P 500 Top 50 ETF	S&P 500	39	1.60%	10.60B	May 2005	FTA vs XLG
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	45	8.70%	52.13B	Sep 2000	FTA vs SPYG
IWD	iShares Russell 1000 Value ETF	Large Cap Value Equities	83	15.35%	76.81B	May 2000	FTA vs IWD
FXIFX	Fidelity Freedom Index 2030 Fund Investor Class	Target Retirement Date	67	7.50%	—	Oct 2009	FTA vs FXIFX
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Blend Equities	15	5.06%	6.87B	May 2011	FTA vs SPLV
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	FTA vs VOO
DIVZ	Opal Dividend Income ETF	Large Cap Value Equities	38	4.86%	268.43M	Jan 2021	FTA vs DIVZ
PRXV	Praxis Impact Large Cap Value ETF	Large Cap Value Equities, ESG	—	—	53.64M	Apr 2025	FTA vs PRXV
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	28	1.35%	59.17B	Dec 2009	FTA vs SCHG
GCOW	Pacer Global Cash Cows Dividend ETF	Large Cap Value Equities, Dividend	60	7.34%	3.28B	Feb 2016	FTA vs GCOW
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	FTA vs SCHD
EWI	iShares MSCI Italy ETF	Europe Equities	54	11.51%	802.10M	Mar 1996	FTA vs EWI
LGLV	SPDR SSGA US Large Cap Low Volatility Index ETF	Volatility Hedged Equity	17	2.78%	1.11B	Feb 2013	FTA vs LGLV
PVAL	Putnam Focused Large Cap Value ETF	Large Cap Value Equities	87	12.96%	11.74B	May 2021	FTA vs PVAL

Compare FTA with Any Fund or Stock

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

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Diversifiers

Pair FTA with funds that move differently

First Trust Large Cap Value AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FTA.

Explore FTA Diversifiers

First Trust Large Cap Value AlphaDEX Fund (FTA) Alternatives