FTA vs. LSVD

Last updated Aug 2, 2026

FTA (First Trust Large Cap Value AlphaDEX Fund) and LSVD (LSV Disciplined Value ETF) are both Large Cap Value Equities funds. FTA is passively managed, while LSVD is actively managed. Over the past year, FTA returned 31.73% vs 37.10% for LSVD. Their 0.59 correlation means they have sometimes moved together and sometimes differently. FTA charges 0.60%/yr vs 0.40%/yr for LSVD.

Performance

FTA vs. LSVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Large Cap Value AlphaDEX Fund (FTA) and LSV Disciplined Value ETF (LSVD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FTA having a 18.18% return and LSVD slightly lower at 17.97%.

FTA

• 1D: -0.29%
• 1M: 2.70%
• 6M: 12.86%
• YTD: 18.18%
• 1Y: 31.73%
• 3Y*: 15.29%
• 5Y*: 11.21%
• 10Y*: 11.60%
• ALL TIME*: 8.58%

LSVD

• 1D: 1.00%
• 1M: 2.24%
• 6M: 14.59%
• YTD: 17.97%
• 1Y: 37.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.42%

*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)
FTA First Trust Large Cap Value AlphaDEX Fund	$3.06M	$3.30M	$2.95M
LSVD LSV Disciplined Value ETF	$23.96K	$28.04K	$57.70K

FTA vs. LSVD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FTA First Trust Large Cap Value AlphaDEX Fund	18.18%	14.94%	-1.27%
LSVD LSV Disciplined Value ETF	17.97%	22.29%	-2.62%

Correlation

The correlation between FTA and LSVD is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.59

The correlation between FTA and LSVD shifts across timeframes, from 0.45 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

FTA vs. LSVD - Sectors Allocation Comparison

Sectors	FTA	LSVD
Financial Services	23.2%	12.1%
Utilities	11.1%	0.8%
Healthcare	10.2%	12.3%
Consumer Cyclical	9.3%	11.5%
Energy	9.2%	1.7%
Industrials	8.8%	4.7%
Technology	7.3%	38.8%
Real Estate	6.6%	0.5%
Consumer Defensive	6.5%	3.3%
Communication Services	4.6%	13.0%
Basic Materials	3.2%	1.4%

Return for Risk

FTA vs. LSVD — Risk / Return Rank

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

FTA

FTA Risk / Return Rank: 94
FTA Sharpe Ratio Rank: 94
FTA Sortino Ratio Rank: 95
FTA Omega Ratio Rank: 92
FTA Calmar Ratio Rank: 96
FTA Martin Ratio Rank: 95

LSVD

LSVD Risk / Return Rank: 93
LSVD Sharpe Ratio Rank: 94
LSVD Sortino Ratio Rank: 93
LSVD Omega Ratio Rank: 92
LSVD Calmar Ratio Rank: 92
LSVD Martin Ratio Rank: 94

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.

FTA vs. LSVD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Value AlphaDEX Fund (FTA) and LSV Disciplined Value ETF (LSVD). 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.

	FTA	LSVD	Difference
Sharpe ratio: Return per unit of total volatility	2.63	2.61	+0.02
Sortino ratio: Return per unit of downside risk	3.90	3.54	+0.35
Omega ratio: Gain probability vs. loss probability	1.46	1.45	0.00
Calmar ratio: Return relative to maximum drawdown	5.93	4.37	+1.57
Martin ratio: Return relative to average drawdown	20.26	18.02	+2.24

FTA vs. LSVD - Sharpe Ratio Comparison

The current FTA Sharpe Ratio is 2.63, which is comparable to the LSVD Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of FTA and LSVD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTA vs. LSVD - Drawdown Comparison

The maximum FTA drawdown since its inception was -62.45%, which is greater than LSVD's maximum drawdown of -19.30%. Use the drawdown chart below to compare losses from any high point for FTA and LSVD.

Drawdown Indicators

	FTA	LSVD	Difference
Max Drawdown Largest peak-to-trough decline	-62.45%	-19.30%	-43.15%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	-8.07%	+2.94%
Max Drawdown (3Y) Largest decline over 3 years	-18.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.97%	—	—
Current Drawdown Current decline from peak	-1.56%	-0.43%	-1.13%
Average Drawdown Average peak-to-trough decline	-8.97%	-2.46%	-6.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	1.95%	-0.45%

Volatility

FTA vs. LSVD - Volatility Comparison

First Trust Large Cap Value AlphaDEX Fund (FTA) has a higher volatility of 3.93% compared to LSV Disciplined Value ETF (LSVD) at 3.56%. This indicates that FTA's price experiences larger fluctuations and is considered to be riskier than LSVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTA	LSVD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	3.56%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	10.32%	-2.28%
Volatility (1Y) Calculated over the trailing 1-year period	11.61%	13.49%	-1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	17.29%	-1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.85%	17.29%	+2.56%

FTA vs. LSVD - Expense Ratio Comparison

FTA has a 0.60% expense ratio, which is higher than LSVD's 0.40% expense ratio.

Dividends

FTA vs. LSVD - Dividend Comparison

FTA's dividend yield for the trailing twelve months is around 1.61%, more than LSVD's 0.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTA First Trust Large Cap Value AlphaDEX Fund	1.61%	1.89%	2.02%	2.10%	2.15%	1.54%	2.03%	1.88%	2.28%	1.53%	1.56%	2.05%
LSVD LSV Disciplined Value ETF	0.27%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTA and LSVD in my portfolio?

FTA and LSVD have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTA or LSVD?

FTA has higher volatility (3.93%) compared to LSVD (3.56%). In terms of maximum drawdown, FTA dropped -62.45% vs LSVD's -19.30%.

Which ETF is better, FTA or LSVD?

On 1-year performance, LSVD leads with 37.10% vs 31.73% for FTA. On fees, LSVD is cheaper at 0.40% per year. On volatility, LSVD has been the lower-risk option at 3.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTA or LSVD?

Over the 1-year period, LSVD has performed better with a 37.10% return vs 31.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTA or LSVD?

LSVD is cheaper with a 0.40% expense ratio, compared with 0.60% for FTA.

Which ETF pays a higher dividend yield, FTA or LSVD?

FTA has the higher dividend yield at 1.61%, compared with 0.27% for LSVD.

What is the main difference between FTA and LSVD?

They also come from different issuers: First Trust and LSV. Their fees differ too: 0.60% for FTA and 0.40% for LSVD.

Which has better risk-adjusted returns?

FTA currently has the higher Sharpe Ratio (2.63 vs 2.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.