First Trust Technology AlphaDEX Fund (FXL)

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First Trust Technology AlphaDEX Fund (FXL) is up 33.2% since the beginning of the year. FXL is currently trading at $224 per share. Investors who bought $1,000 worth of FXL shares 5 years ago would now be looking at an investment worth $1,929.

First Trust Technology AlphaDEX Fund (FXL) has returned 33.15% so far this year and 49.38% over the past 12 months. Looking at the last ten years, FXL has achieved an annualized return of 21.25%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.

Based on dividend-adjusted daily data since May 10, 2007, FXL's average daily return is +0.06%, while the average monthly return is +1.28%. At this rate, an investment would double in approximately 4.5 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +16.8%, while the worst month was Oct 2008 at -22.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FXL closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +13.0%, while the worst single day was Mar 16, 2020 at -13.0%.

First Trust Technology AlphaDEX Fund has an annualized alpha of 5.29%, beta of 1.03, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since May 11, 2007.

• This ETF captured 139.55% of S&P 500 Index gains and 115.15% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 5.29% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.03 and R2 of 0.69, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

FXL has an expense ratio of 0.61%, placing it in the medium range.

FXL ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for First Trust Technology AlphaDEX Fund (FXL) and compare them to S&P 500 Index.

First Trust Technology AlphaDEX Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.01 per share.

The table displays the monthly dividend distributions for First Trust Technology AlphaDEX Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the First Trust Technology 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 Technology AlphaDEX Fund was 61.41%, occurring on Nov 20, 2008. Recovery took 517 trading sessions.

The chart below shows the rolling one-month volatility.