First Trust Energy AlphaDEX Fund (FXN) Alternatives

First Trust Energy AlphaDEX Fund (FXN) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FXN. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FXN

FXN charges 0.64% annually. Among ETFs in the Energy Equities category, these options have the lowest expense ratios among FXN alternatives.

Symbol	Name	Expense Ratio	Inception
FENY	Fidelity MSCI Energy Index ETF	0.08%	Oct 21, 2013	FXN vs FENY
XLE	State Street Energy Select Sector SPDR ETF	0.08%	Dec 16, 1998	FXN vs XLE
VDE	Vanguard Energy ETF	0.10%	Sep 23, 2004	FXN vs VDE
PSCE	Invesco S&P SmallCap Energy ETF	0.29%	Apr 7, 2010	FXN vs PSCE
XES	SPDR S&P Oil & Gas Equipment & Services ETF	0.35%	Jun 19, 2006	FXN vs XES

Best Risk-Adjusted Alternatives to FXN

Among ETFs in the Energy Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
CRAK	VanEck Oil Refiners ETF	98	Aug 18, 2015	FXN vs CRAK
VOLT	Tema Electrification ETF	97	Dec 3, 2024	FXN vs VOLT
RNWZ	TrueShares Eagle Global Renewable Energy Income ET...	97	Dec 7, 2022	FXN vs RNWZ
ION	Proshares S&P Global Core Battery Metals ETF	97	Nov 29, 2022	FXN vs ION
MGNR	American Beacon GLG Natural Resources ETF	96	Feb 5, 2024	FXN vs MGNR

Top Performing FXN Alternatives (YTD)

FXN alternatives from the Energy Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
OILT	Texas Capital Texas Oil Index ETF	44.81%	Dec 20, 2023	FXN vs OILT
XOP	SPDR S&P Oil & Gas Exploration & Production ETF	44.59%	Jun 19, 2006	FXN vs XOP
PSCE	Invesco S&P SmallCap Energy ETF	42.67%	Apr 7, 2010	FXN vs PSCE
XES	SPDR S&P Oil & Gas Equipment & Services ETF	42.33%	Jun 19, 2006	FXN vs XES
PXJ	Invesco Dynamic Oil & Gas Services ETF	41.95%	Oct 26, 2005	FXN vs PXJ

Lowest Volatility Alternatives to FXN

FXN alternatives from the Energy Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
MLPI	Neos MLP & Energy Infrastructure High Income ETF	11.12%	Dec 17, 2025	FXN vs MLPI
XLEI	State Street Energy Select Sector SPDR Premium Inc...	11.43%	Jul 29, 2025	FXN vs XLEI
BILD	Macquarie Global Listed Infrastructure ETF	12.65%	Nov 28, 2023	FXN vs BILD
TNGY	Tortoise Energy Fund	13.98%	Jun 16, 2025	FXN vs TNGY
BKGI	Bny Mellon Global Infrastructure Income ETF	14.67%	Nov 2, 2022	FXN vs BKGI

Lowest Drawdown Alternatives to FXN

FXN alternatives from the Energy Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BILD	Macquarie Global Listed Infrastructure ETF	-8.09%	Nov 28, 2023	FXN vs BILD
INFR	ClearBridge Sustainable Infrastructure ETF	-8.93%	Dec 14, 2022	FXN vs INFR
RNWZ	TrueShares Eagle Global Renewable Energy Income ET...	-9.98%	Dec 7, 2022	FXN vs RNWZ
VOLT	Tema Electrification ETF	-10.00%	Dec 3, 2024	FXN vs VOLT
BKGI	Bny Mellon Global Infrastructure Income ETF	-10.35%	Nov 2, 2022	FXN vs BKGI

Other ETFs from First Trust

Most popular First Trust ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Technology Equities, Cybersecurity	12	-12.12%	Jul 7, 2015	FXN vs CIBR
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	5	-11.19%	Feb 14, 2012	FXN vs NFTY
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	94	6.96%	Nov 17, 2009	FXN vs GRID
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	79	15.49%	Mar 9, 2006	FXN vs FDL
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	95	12.74%	Mar 10, 2014	FXN vs AIRR
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	84	5.99%	Mar 2, 2021	FXN vs IGLD
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	77	-2.96%	Aug 14, 2012	FXN vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	25	1.24%	Mar 26, 2018	FXN vs KNG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	28	-11.00%	Feb 21, 2018	FXN vs ROBT
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	87	4.23%	Feb 8, 2007	FXN vs QCLN

Often Compared With FXN

What investors most often compare with FXN, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TAN	Invesco Solar ETF	Alternative Energy Equities	92	13.42%	Apr 15, 2008	FXN vs TAN
XEG.TO	iShares S&P/TSX Capped Energy Index ETF	Energy Equities	92	41.93%	Mar 19, 2001	FXN vs XEG.TO
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	92	9.20%	Jul 10, 2001	FXN vs SOXX
XLC	Communication Services Select Sector SPDR Fund	Large Cap Growth Equities	58	-5.53%	Jun 18, 2018	FXN vs XLC
VCLN	Virtus Duff & Phelps Clean Energy ETF	Actively Managed, Sustainable	96	9.96%	Aug 3, 2021	FXN vs VCLN
IXC	iShares Global Energy ETF	Energy Equities	86	37.40%	Nov 16, 2001	FXN vs IXC
BOIL	ProShares Ultra Bloomberg Natural Gas	Leveraged Commodities, Leveraged	2	-29.61%	Oct 4, 2011	FXN vs BOIL
RSNRX	Victory Global Energy Transition Fund	Energy Equities	98	15.39%	Nov 14, 1995	FXN vs RSNRX
FTXN	First Trust Nasdaq Oil & Gas ETF	Energy Equities	56	38.74%	Sep 20, 2016	FXN vs FTXN
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	FXN vs VOO
OIH	VanEck Vectors Oil Services ETF	Energy Equities	77	41.94%	Dec 20, 2011	FXN vs OIH
UPGR	Xtrackers US Green Infrastructure Select Equity ET...	Energy Equities	84	-2.32%	Jul 12, 2023	FXN vs UPGR

Compare FXN with Any Fund or Stock

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

Symbol name

First Trust Energy AlphaDEX Fund

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