FLN vs. EGPT

Last updated Aug 2, 2026

FLN (First Trust Latin America AlphaDEX Fund) and EGPT (VanEck Vectors Egypt Index ETF) are both exchange-traded funds - FLN is a Latin America Equities fund tracking the NASDAQ AlphaDEX Latin America Index, while EGPT is a Emerging Markets Equities fund tracking the MVIS Egypt Index. Both are passively managed. Their 0.18 correlation means their historical movements had little consistent relationship. FLN charges 0.80%/yr vs 0.98%/yr for EGPT.

Performance

FLN vs. EGPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Latin America AlphaDEX Fund (FLN) and VanEck Vectors Egypt Index ETF (EGPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLN

• 1D: 0.13%
• 1M: 6.17%
• 6M: 2.90%
• YTD: 17.41%
• 1Y: 43.03%
• 3Y*: 14.16%
• 5Y*: 11.48%
• 10Y*: 8.57%
• ALL TIME*: 2.72%

EGPT

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLN First Trust Latin America AlphaDEX Fund	$475.23K	$413.66K	$369.03K

FLN vs. EGPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLN First Trust Latin America AlphaDEX Fund	17.41%	55.05%	-23.10%	29.68%	2.73%	-6.94%	-12.27%	27.22%	-8.31%	21.54%
EGPT VanEck Vectors Egypt Index ETF	0.00%	0.00%	-11.22%	27.27%	-24.66%	11.31%	-11.53%	6.80%	-13.88%	24.83%

Correlation

The correlation between FLN and EGPT is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	-0.03
Correlation (5Y) Shows whether the relationship held over a longer period.	0.11
Correlation (10Y) Provides a long-term view across more market conditions.	0.15
Correlation (All Time) Calculated using the full available price history since Apr 20, 2011	0.18

The correlation between FLN and EGPT shifts across timeframes, from -0.03 (3 years) to 0.18 (all time), reflecting how their relationship changes across market environments.

FLN vs. EGPT - Sectors Allocation Comparison

Sectors	FLN	EGPT
Financial Services	24.6%	10.5%
Utilities	16.9%	-
Industrials	12.5%	6.9%
Basic Materials	11.9%	23.4%
Energy	8.6%	1.1%
Consumer Defensive	7.8%	10.0%
Communication Services	6.8%	4.2%
Consumer Cyclical	5.4%	3.5%
Real Estate	5.0%	30.5%
Technology	2.1%	8.0%
Healthcare	0.5%	2.0%

Return for Risk

FLN vs. EGPT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FLN

FLN Risk / Return Rank: 81
FLN Sharpe Ratio Rank: 86
FLN Sortino Ratio Rank: 82
FLN Omega Ratio Rank: 83
FLN Calmar Ratio Rank: 85
FLN Martin Ratio Rank: 69

EGPT

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FLN vs. EGPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Latin America AlphaDEX Fund (FLN) and VanEck Vectors Egypt Index ETF (EGPT). 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.

	FLN	EGPT	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.67	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.31	—	—
Martin ratio: Return relative to average drawdown	8.47	—	—

Drawdowns

Drawdown Indicators

	FLN	EGPT	Difference
Max Drawdown Largest peak-to-trough decline	-57.95%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.10%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-57.75%	—	—
Current Drawdown Current decline from peak	-5.37%	—	—
Average Drawdown Average peak-to-trough decline	-18.79%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.11%	—	—

Volatility

Volatility by Period

	FLN	EGPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.32%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.23%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.53%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.45%	—	—

FLN vs. EGPT - Expense Ratio Comparison

FLN has a 0.80% expense ratio, which is lower than EGPT's 0.98% expense ratio.

Dividends

FLN vs. EGPT - Dividend Comparison

FLN's dividend yield for the trailing twelve months is around 3.38%, while EGPT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EGPT VanEck Vectors Egypt Index ETF	0.00%	0.00%	0.15%	6.02%	1.32%	2.45%	2.50%	2.09%	1.72%	0.77%	1.60%	1.59%
FLN First Trust Latin America AlphaDEX Fund	3.38%	3.40%	6.26%	4.17%	5.57%	4.70%	1.64%	1.91%	3.08%	10.28%	1.06%	2.34%

Frequently Asked Questions

Can I hold both FLN and EGPT in my portfolio?

FLN and EGPT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLN or EGPT?

On fees, FLN is cheaper at 0.80% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLN or EGPT?

FLN is cheaper with a 0.80% expense ratio, compared with 0.98% for EGPT.

Which ETF pays a higher dividend yield, FLN or EGPT?

FLN has the higher dividend yield at 3.38%, compared with 0.00% for EGPT.

What is the main difference between FLN and EGPT?

FLN is categorized as Latin America Equities, while EGPT is Emerging Markets Equities. FLN tracks NASDAQ AlphaDEX Latin America Index, while EGPT tracks MVIS Egypt Index. They also come from different issuers: First Trust and VanEck. Their fees differ too: 0.80% for FLN and 0.98% for EGPT.