PortfoliosLab logoPortfoliosLab logo
ISIN
US33734X1688
CUSIP
33734X168
Inception Date
May 8, 2007
Region
North America (U.S.)
Category
Materials
Leveraged
1x (No leverage)
Index Tracked
StrataQuant Materials Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$430M

Share Price Chart


Loading charts...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

FXZ Performance Chart

First Trust Materials AlphaDEX Fund (FXZ) is up 27.6% since the beginning of the year. FXZ is currently trading at $82 per share. Investors who bought $1,000 worth of FXZ shares 5 years ago would now be looking at an investment worth $1,563.


Loading charts...

S&P 500 Index

Returns By Period

First Trust Materials AlphaDEX Fund (FXZ) has returned 27.55% so far this year and 49.88% over the past 12 months. Over the last ten years, FXZ has returned 11.74% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


First Trust Materials AlphaDEX Fund

1D
-0.37%
1M
3.14%
YTD
27.55%
6M
25.29%
1Y
49.88%
3Y*
12.13%
5Y*
9.35%
10Y*
11.74%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FXZ Monthly Returns History

Based on dividend-adjusted daily data since May 10, 2007, FXZ's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.

Historically, 57% of months were positive and 43% were negative. The best month was Apr 2009 with a return of +23.9%, while the worst month was Oct 2008 at -30.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FXZ closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +12.6%, while the worst single day was Nov 20, 2008 at -12.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202610.87%9.81%-3.11%4.89%3.60%-0.50%27.55%
20255.25%-3.61%-3.42%-3.79%1.52%5.59%0.90%7.37%0.33%-2.45%4.97%3.37%16.25%
2024-4.18%1.95%6.19%-5.66%3.28%-6.45%3.69%-2.29%2.53%-2.49%0.52%-13.07%-16.31%
202316.42%-2.32%-4.82%-3.95%-8.13%12.23%6.20%-2.53%-4.64%-5.11%7.05%8.18%16.27%
2022-5.41%10.71%10.17%-2.78%2.25%-20.27%9.59%-2.79%-13.30%10.58%12.34%-5.58%-0.92%
2021-1.23%7.81%7.96%4.71%7.12%-6.82%0.66%1.29%-4.20%7.40%-3.89%8.01%30.84%

Benchmark Metrics

First Trust Materials AlphaDEX Fund has an annualized alpha of 1.82%, beta of 1.04, and R2 of 0.59 versus S&P 500 Index. Calculated based on daily prices since May 10, 2007.

  • This ETF captured 126.71% of S&P 500 Index gains and 120.61% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • With beta of 1.04 and R2 of 0.59, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.82%
Beta
1.04
0.59
Upside Capture
126.71%
Downside Capture
120.61%

Expense Ratio

FXZ has an expense ratio of 0.67%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FXZ ranks 71 for risk / return — better than 71% 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.


FXZ Risk / Return Rank: 7171
Overall Rank
FXZ Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
FXZ Sortino Ratio Rank: 6767
Sortino Ratio Rank
FXZ Omega Ratio Rank: 6262
Omega Ratio Rank
FXZ Calmar Ratio Rank: 7979
Calmar Ratio Rank
FXZ Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FXZBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.19

Sortino ratioReturn per unit of downside risk

+0.20

Omega ratioGain probability vs. loss probability

1.37

1.37

0.00

Calmar ratioReturn relative to maximum drawdown

3.93

2.78

+1.15

Martin ratioReturn relative to average drawdown

14.62

12.44

+2.18

Dividends

Dividend History

First Trust Materials AlphaDEX Fund provided a 1.41% dividend yield over the last twelve months, with an annual payout of $1.16 per share.


1.00%1.20%1.40%1.60%1.80%2.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.16$1.13$1.03$1.36$0.94$0.69$0.73$0.63$0.46$0.44$0.43$0.36

Dividend yield

1.41%1.74%1.81%1.97%1.56%1.11%1.51%1.58%1.38%1.01%1.19%1.26%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.24$0.00$0.00$0.00$0.24
2025$0.00$0.00$0.21$0.00$0.00$0.23$0.00$0.00$0.31$0.00$0.00$0.37$1.13
2024$0.00$0.00$0.19$0.00$0.00$0.21$0.00$0.00$0.28$0.00$0.00$0.34$1.03
2023$0.00$0.00$0.25$0.00$0.00$0.48$0.00$0.00$0.32$0.00$0.00$0.31$1.36
2022$0.00$0.00$0.09$0.00$0.00$0.25$0.00$0.00$0.35$0.00$0.00$0.26$0.94
2021$0.00$0.00$0.13$0.00$0.00$0.15$0.00$0.00$0.17$0.00$0.00$0.24$0.69

Drawdowns

Drawdowns Chart

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.


Loading charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the First Trust Materials 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 Materials AlphaDEX Fund was 65.46%, occurring on Mar 6, 2009. Recovery took 446 trading sessions.

The current First Trust Materials AlphaDEX Fund drawdown is 2.85%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-65.46%Mar 2009
9mo 21d1y 9mo
2y 6moMay 2008 - Dec 2010
COVID crash2020
-49.41%Mar 2020
2y 1mo7mo 28d
2y 9moJan 2018 - Nov 2020
2025 selloff2025
-33.99%Apr 2025
12mo 3d9mo 6d
1y 9moApr 2024 - Jan 2026
2011 bear market2011
-32.58%Oct 2011
4mo 25d1y 2mo
1y 7moMay 2011 - Dec 2012
Bear market2022
-31.20%Sep 2022
5mo 8d1y 6mo
1y 11moApr 2022 - Apr 2024

Drawdown Indicators


FXZBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-65.46%

-56.78%

-8.68%

Max Drawdown (1Y)

Largest decline over 1 year

-12.75%

-9.10%

-3.65%

Max Drawdown (3Y)

Largest decline over 3 years

-33.99%

-18.90%

-15.09%

Max Drawdown (5Y)

Largest decline over 5 years

-33.99%

-25.43%

-8.56%

Max Drawdown (10Y)

Largest decline over 10 years

-49.41%

-33.92%

-15.49%

Current Drawdown

Current decline from peak

-2.85%

-1.80%

-1.05%

Average Drawdown

Average peak-to-trough decline

-11.33%

-10.71%

-0.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.42%

2.03%

+1.39%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with FXZ

Add First Trust Materials AlphaDEX Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with FXZ