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FKU vs. EUSC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FKU vs. EUSC

Last updated Jun 24, 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. At a correlation of -0.07, they often move in opposite directions. 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.

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Returns By Period

FKU

1D
-0.84%
1M
-0.56%
YTD
4.87%
6M
5.02%
1Y
19.66%
3Y*
21.58%
5Y*
7.65%
10Y*
8.61%

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		-1.68%
EUSC
WisdomTree Europe Hedged SmallCap Equity Fund		0.18%

Correlation

The correlation between FKU and EUSC is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (All Time)
Calculated using the full available price history since May 28, 2026

-0.07

FKU vs. EUSC - Sectors Allocation Comparison

Sectors
FKU
EUSC

Financial Services

28.7%
28.4%

Basic Materials

18.3%
6.5%

Consumer Cyclical

12.6%
9.1%

Industrials

11.7%
20.1%

Communication Services

7.0%
5.0%

Consumer Defensive

6.4%
4.1%

Healthcare

5.3%
2.9%

Real Estate

4.0%
9.3%

Energy

3.6%
3.7%

Utilities

2.4%
6.5%

Technology

-

4.4%

Financial Services

FKU
28.7%
EUSC
28.4%

Basic Materials

FKU
18.3%
EUSC
6.5%

Consumer Cyclical

FKU
12.6%
EUSC
9.1%

Industrials

FKU
11.7%
EUSC
20.1%

Communication Services

FKU
7.0%
EUSC
5.0%

Consumer Defensive

FKU
6.4%
EUSC
4.1%

Healthcare

FKU
5.3%
EUSC
2.9%

Real Estate

FKU
4.0%
EUSC
9.3%

Energy

FKU
3.6%
EUSC
3.7%

Utilities

FKU
2.4%
EUSC
6.5%

Technology

FKU

-

EUSC
4.4%

Compare stocks, funds, or ETFs

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First Trust United Kingdom AlphaDEX Fund

WisdomTree Europe Hedged SmallCap Equity Fund

Often compared with FKU:
FKU vs. EWUFKU vs. FLGRFKU vs. NORWFKU vs. OPPEFKU vs. FSZFKU vs. FDDFKU vs. GLD
Often compared with EUSC:
EUSC vs. VGKEUSC vs. IEUSEUSC vs. IXUSEUSC vs. IEUREUSC vs. SYLDEUSC vs. AVDVEUSC vs. FEZ

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: 3232
Overall Rank
FKU Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FKU Sortino Ratio Rank: 3333
Sortino Ratio Rank
FKU Omega Ratio Rank: 3131
Omega Ratio Rank
FKU Calmar Ratio Rank: 3030
Calmar Ratio Rank
FKU Martin Ratio Rank: 3333
Martin Ratio Rank
EUSC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

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.

FKUEUSCDifference
Sharpe ratioReturn per unit of total volatility
1.11

—

—

Sortino ratioReturn per unit of downside risk
1.65

—

—

Omega ratioGain probability vs. loss probability

1.20

—

—

Calmar ratioReturn relative to maximum drawdown

1.39

—

—

Martin ratioReturn relative to average drawdown

4.50

—

—

FKU vs. EUSC - Sharpe Ratio Comparison

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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.

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Drawdown Indicators

FKUEUSCDifference

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

-41.54%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-54.39%

—

—

Current Drawdown

Current decline from peak

-5.89%

0.00%

-5.89%

Average Drawdown

Average peak-to-trough decline

-10.78%

0.00%

-10.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.38%

—

—

Volatility

FKU vs. EUSC - Volatility Comparison

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Volatility by Period

FKUEUSCDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.02%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

15.22%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

17.82%

1.10%

+16.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.90%

1.10%

+21.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.60%

1.10%

+22.50%

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 2.75%, while EUSC has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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		2.75%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

FKU and EUSC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

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

FKU has the higher dividend yield at 2.75%, compared with 0.00% for 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.

Portfolio Optimizer

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