FXZ Alternatives & Similar ETFs

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

Cheapest Alternatives to FXZ

FXZ charges 0.67% annually. There are 22 ETFs in the Materials category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
FMAT	Fidelity MSCI Materials Index ETF	0.08%	603.22M	Oct 2013	FXZ vs FMAT
VAW	Vanguard Materials ETF	0.10%	4.50B	Jan 2004	FXZ vs VAW
XLB	Materials Select Sector SPDR ETF	0.13%	7.33B	Dec 1998	FXZ vs XLB
PSCM	Invesco S&P SmallCap Materials ETF	0.29%	21.06M	Apr 2010	FXZ vs PSCM
HOMZ	Hoya Capital Housing ETF	0.30%	34.76M	Mar 2019	FXZ vs HOMZ

Best Risk-Adjusted Alternatives to FXZ

FXZ has a PortfoliosLab risk / return rank of 74. There are 7 ETFs in the Materials category with higher risk-adjusted ranks, going as high as 87.

Symbol	Name	Risk / Return Rank	AUM	Inception
REMX	VanEck Vectors Rare Earth/Strategic Metals ETF	87	3.01B	Oct 2010	FXZ vs REMX
SLX	VanEck Vectors Steel ETF	86	224.19M	Oct 2006	FXZ vs SLX
PICK	iShares MSCI Global Select Metals & Mining Produce...	84	2.18B	Jan 2012	FXZ vs PICK
EART	Global X Rare Earth & Critical Materials ETF	79	45.97M	Jan 2022	FXZ vs EART
PSCM	Invesco S&P SmallCap Materials ETF	78	21.06M	Apr 2010	FXZ vs PSCM

Top Performing FXZ Alternatives (YTD)

FXZ is at 29.62% YTD. There are 3 ETFs in the Materials category with higher YTD returns, going as high as 33.01%.

Symbol	Name	YTD Return	AUM	Inception
REMX	VanEck Vectors Rare Earth/Strategic Metals ETF	33.01%	3.01B	Oct 2010	FXZ vs REMX
SLX	VanEck Vectors Steel ETF	32.29%	224.19M	Oct 2006	FXZ vs SLX
PICK	iShares MSCI Global Select Metals & Mining Produce...	30.58%	2.18B	Jan 2012	FXZ vs PICK
PSCM	Invesco S&P SmallCap Materials ETF	26.28%	21.06M	Apr 2010	FXZ vs PSCM
COPX	Global X Copper Miners ETF	25.71%	7.99B	Apr 2010	FXZ vs COPX

Lowest Volatility Alternatives to FXZ

FXZ has 21.87% 1-year volatility. There are 9 ETFs in the Materials category with lower 1-year volatility, going as low as 16.78%.

Symbol	Name	Volatility 1Y	AUM	Inception
XLB	Materials Select Sector SPDR ETF	16.78%	7.33B	Dec 1998	FXZ vs XLB
VAW	Vanguard Materials ETF	17.65%	4.50B	Jan 2004	FXZ vs VAW
FMAT	Fidelity MSCI Materials Index ETF	17.66%	603.22M	Oct 2013	FXZ vs FMAT
RSPM	Invesco S&P 500® Equal Weight Materials ETF	18.15%	178.90M	Nov 2006	FXZ vs RSPM
CUT	Invesco MSCI Global Timber ETF	18.57%	30.44M	Nov 2007	FXZ vs CUT

Lowest Drawdown Alternatives to FXZ

FXZ has a 1-year max drawdown of -12.75%. There are 2 ETFs in the Materials category with shallower 1-year drawdowns, going as shallow as -12.32%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RSPM	Invesco S&P 500® Equal Weight Materials ETF	-12.32%	178.90M	Nov 2006	FXZ vs RSPM
XLB	Materials Select Sector SPDR ETF	-12.38%	7.33B	Dec 1998	FXZ vs XLB
VAW	Vanguard Materials ETF	-13.42%	4.50B	Jan 2004	FXZ vs VAW
FMAT	Fidelity MSCI Materials Index ETF	-13.48%	603.22M	Oct 2013	FXZ vs FMAT
IYM	iShares U.S. Basic Materials ETF	-13.61%	1.41B	Jun 2000	FXZ vs IYM

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 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	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	FXZ vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	FXZ vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	3	-9.70%	133.88M	Feb 2012	FXZ vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	FXZ vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	FXZ vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	FXZ vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	FXZ vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	FXZ vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	FXZ vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	FXZ vs QCLN

Often Compared With FXZ

Investors most often compare FXZ with FXR, URNM, PALL. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXR	First Trust Industrials/Producer Durables AlphaDEX...	Industrials Equities	31	8.45%	684.75M	May 2007	FXZ vs FXR
URNM	NorthShore Global Uranium Mining ETF	Commodity Producers Equities	29	11.97%	2.21B	Dec 2019	FXZ vs URNM
PALL	Aberdeen Standard Physical Palladium Shares ETF	Precious Metals	19	-18.39%	764.83M	Jan 2010	FXZ vs PALL
UYM	ProShares Ultra Basic Materials	Leveraged Equities	27	25.72%	40.03M	Jan 2007	FXZ vs UYM
NANR	SPDR S&P North American Natural Resources ETF	Commodity Producers Equities	86	24.07%	772.92M	Dec 2015	FXZ vs NANR
MLPX	Global X MLP & Energy Infrastructure ETF	MLPs	44	23.59%	3.54B	Aug 2013	FXZ vs MLPX
XME	SPDR S&P Metals & Mining ETF	Materials	77	24.13%	5.31B	Jun 2006	FXZ vs XME
GLD	SPDR Gold Shares	Gold, Precious Metals	32	2.92%	150.37B	Nov 2004	FXZ vs GLD
PYZ	Invesco DWA Basic Materials Momentum ETF	Momentum, Materials	51	19.96%	83.71M	Oct 2006	FXZ vs PYZ
MXI	iShares Global Materials ETF	Materials	49	17.06%	361.83M	Sep 2006	FXZ vs MXI
GDXJ	VanEck Vectors Junior Gold Miners ETF	Materials	35	-2.55%	8.65B	Nov 2009	FXZ vs GDXJ
RING	iShares MSCI Global Gold Miners ETF	Gold, Precious Metals	39	0.30%	2.79B	Jan 2012	FXZ vs RING
GOAU	US Global GO GOLD and Precious Metal Miners ETF	Materials	24	-3.45%	186.95M	Jun 2017	FXZ vs GOAU
GOEX	Global X Gold Explorers ETF	Materials	35	-5.02%	127.79M	Nov 2010	FXZ vs GOEX
SGDJ	Sprott Junior Gold Miners ETF	Materials	44	1.97%	322.34M	Mar 2015	FXZ vs SGDJ
SGDM	Sprott Gold Miners ETF	Materials	34	1.41%	671.08M	Jul 2014	FXZ vs SGDM
WOOD	iShares Global Timber & Forestry ETF	Materials	5	-6.95%	251.68M	Jun 2008	FXZ vs WOOD
ICBMX	ICON Natural Resources and Infrastructure Fund	Energy Equities	78	22.35%	—	May 1997	FXZ vs ICBMX
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	96	77.13%	67.82B	Dec 2011	FXZ vs SMH
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	FXZ vs QQQ

Compare FXZ with Any Fund or Stock

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

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Diversifiers

Pair FXZ with funds that move differently

First Trust Materials AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FXZ.

Explore FXZ Diversifiers

First Trust Materials AlphaDEX Fund (FXZ) Alternatives