FKU vs. EUSC

Last updated Jun 4, 2026

FKU (First Trust United Kingdom AlphaDEX Fund) and EUSC (WisdomTree Europe Hedged SmallCap Equity Fund) are both Europe Equities funds - FKU tracks the NASDAQ AlphaDEX United Kingdom Index while EUSC tracks the WisdomTree Europe Hedged SmallCap Equity Index. Both are passively managed. FKU charges 0.80%/yr vs 0.58%/yr for EUSC.

Performance

FKU vs. EUSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust United Kingdom AlphaDEX Fund (FKU) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FKU

• 1D: -1.06%
• 1M: 2.79%
• YTD: 5.25%
• 6M: 11.03%
• 1Y: 20.04%
• 3Y*: 20.72%
• 5Y*: 7.18%
• 10Y*: 7.02%

EUSC

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FKU vs. EUSC - Yearly Performance Comparison

	2026 (YTD)
FKU First Trust United Kingdom AlphaDEX Fund	-0.94%
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%

FKU vs. EUSC - Sectors Allocation Comparison

Sectors	FKU	EUSC
Financial Services	27.7%	28.4%
Basic Materials	17.8%	6.5%
Consumer Cyclical	13.2%	9.1%
Industrials	11.4%	20.1%
Communication Services	7.2%	5.0%
Consumer Defensive	6.7%	4.1%
Healthcare	5.3%	2.9%
Energy	4.0%	3.7%
Real Estate	4.0%	9.3%
Utilities	2.7%	6.5%
Technology	-	4.4%

Return for Risk

FKU vs. EUSC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FKU

FKU Risk / Return Rank: 31
FKU Sharpe Ratio Rank: 32
FKU Sortino Ratio Rank: 32
FKU Omega Ratio Rank: 31
FKU Calmar Ratio Rank: 29
FKU Martin Ratio Rank: 32

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.

FKU vs. EUSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust United Kingdom AlphaDEX Fund (FKU) and WisdomTree Europe Hedged SmallCap Equity Fund (EUSC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FKU	EUSC	Difference
Sharpe ratio: Return per unit of total volatility	1.16	—	—
Sortino ratio: Return per unit of downside risk	1.70	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.41	—	—
Martin ratio: Return relative to average drawdown	4.76	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FKU	EUSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	—	—

Drawdowns

FKU vs. EUSC - Drawdown Comparison

The maximum FKU drawdown since its inception was -54.39%, which is greater than EUSC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FKU and EUSC.

Drawdown Indicators

	FKU	EUSC	Difference
Max Drawdown Largest peak-to-trough decline	-54.39%	0.00%	-54.39%
Max Drawdown (1Y) Largest decline over 1 year	-14.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-54.39%	—	—
Current Drawdown Current decline from peak	-5.55%	0.00%	-5.55%
Average Drawdown Average peak-to-trough decline	-10.81%	0.00%	-10.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.22%	—	—

Volatility

Volatility by Period

	FKU	EUSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.40%	0.00%	+17.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.89%	0.00%	+22.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.43%	0.00%	+24.43%

FKU vs. EUSC - Expense Ratio Comparison

FKU has a 0.80% expense ratio, which is higher than EUSC's 0.58% expense ratio.

Dividends

FKU vs. EUSC - Dividend Comparison

FKU's dividend yield for the trailing twelve months is around 2.74%, while EUSC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUSC WisdomTree Europe Hedged SmallCap Equity Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FKU First Trust United Kingdom AlphaDEX Fund	2.74%	2.89%	4.07%	3.82%	5.55%	2.98%	1.48%	3.34%	5.12%	2.93%	2.60%	2.64%

Frequently Asked Questions

Which ETF is better, FKU or EUSC?

On fees, EUSC is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FKU or EUSC?

EUSC is cheaper with a 0.58% expense ratio, compared with 0.80% for FKU.

Which ETF pays a higher dividend yield, FKU or EUSC?

FKU has the higher dividend yield at 2.74%, compared with 0.00% for EUSC.

What is the main difference between FKU and EUSC?

FKU tracks NASDAQ AlphaDEX United Kingdom Index, while EUSC tracks WisdomTree Europe Hedged SmallCap Equity Index. They also come from different issuers: First Trust and WisdomTree. Their fees differ too: 0.80% for FKU and 0.58% for EUSC.