First Trust Financials AlphaDEX Fund (FXO) Alternatives
First Trust Financials AlphaDEX Fund (FXO) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FXO. 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 FXO
FXO charges 0.62% annually. Among ETFs in the Financials Equities category, these options have the lowest expense ratios among FXO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity MSCI Financials Index ETF | 0.08% | Oct 21, 2013 | FXO vs FNCL | |
| Vanguard Financials ETF | 0.10% | Jan 26, 2004 | FXO vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | May 9, 2022 | FXO vs GABF | |
| Financial Select Sector SPDR Fund | 0.13% | Dec 16, 1998 | FXO vs XLF | |
| Invesco S&P SmallCap Financials ETF | 0.29% | Apr 7, 2010 | FXO vs PSCF |
Best Risk-Adjusted Alternatives to FXO
Among ETFs in the Financials 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 | |
|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 86 | Dec 14, 2023 | FXO vs GSIB | |
| RiverNorth Enhanced Pre-Merger SPAC ETF | 75 | Jul 11, 2022 | FXO vs SPCZ | |
| iShares MSCI Europe Financials ETF | 70 | Jan 20, 2010 | FXO vs EUFN | |
| Invesco KBW Bank ETF | 67 | Nov 1, 2011 | FXO vs KBWB | |
| Invesco Bloomberg Financial Data Providers ETF | 55 | Nov 1, 2011 | FXO vs FDIQ |
Top Performing FXO Alternatives (YTD)
FXO alternatives from the Financials Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Invesco Bloomberg Financial Data Providers ETF | 11.45% | Nov 1, 2011 | FXO vs FDIQ | |
| First Trust NASDAQ ABA Community Bank Index Fund | 3.40% | Jun 29, 2009 | FXO vs QABA | |
| SPDR S&P Regional Banking ETF | 1.11% | Jun 19, 2006 | FXO vs KRE | |
| RiverNorth Enhanced Pre-Merger SPAC ETF | -0.15% | Jul 11, 2022 | FXO vs SPCZ | |
| Invesco S&P SmallCap Financials ETF | -0.43% | Apr 7, 2010 | FXO vs PSCF |
Lowest Volatility Alternatives to FXO
FXO alternatives from the Financials Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | 6.25% | Jul 11, 2022 | FXO vs SPCZ | |
| iShares MSCI Kuwait ETF | 14.87% | Sep 1, 2020 | FXO vs KWT | |
| T. Rowe Price Financials ETF | 15.50% | Jun 11, 2025 | FXO vs TFNS | |
| FT Confluence BDC & Specialty Finance Income ETF | 17.36% | Jun 30, 2025 | FXO vs FBDC | |
| iShares Global Financials ETF | 18.12% | Nov 12, 2001 | FXO vs IXG |
Lowest Drawdown Alternatives to FXO
FXO alternatives from the Financials Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| RiverNorth Enhanced Pre-Merger SPAC ETF | -3.50% | Jul 11, 2022 | FXO vs SPCZ | |
| iShares MSCI Kuwait ETF | -11.54% | Sep 1, 2020 | FXO vs KWT | |
| iShares U.S. Insurance ETF | -11.58% | May 5, 2006 | FXO vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -11.59% | Dec 2, 2010 | FXO vs KBWP | |
| SPDR S&P Insurance ETF | -12.25% | Nov 8, 2005 | FXO vs KIE |
Other ETFs from First Trust
Most popular First Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With FXO
What investors most often compare with FXO, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| iShares U.S. Broker-Dealers & Securities Exchanges... | Financials Equities | 45 | -8.08% | May 1, 2006 | FXO vs IAI | |
| SPDR S&P Capital Markets ETF | Financials Equities | 27 | -7.74% | Nov 8, 2005 | FXO vs KCE | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | FXO vs VOO | |
| iShares U.S. Medical Devices ETF | Health & Biotech Equities | 3 | -14.09% | May 5, 2006 | FXO vs IHI | |
| Pacer US Cash Cows 100 ETF | Mid Cap Value Equities, Dividend | 60 | 4.30% | Dec 16, 2016 | FXO vs COWZ | |
| Pacer US Small Cap Cash Cows 100 ETF | Small Cap Blend Equities | 59 | 1.28% | Jun 16, 2017 | FXO vs CALF | |
| JPMorgan Equity Premium Income ETF | Actively Managed, Dividend, Derivative Income | 39 | 0.20% | May 20, 2020 | FXO vs JEPI | |
| abrdn Bloomberg All Commodity Longer Dated Strateg... | Commodities, Actively Managed | 80 | 15.57% | Mar 30, 2017 | FXO vs BCD | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | FXO vs SPY |
Compare FXO with Any Fund or Stock
Compare FXO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.