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AFMC vs FEX

First Trust Active Factor Mid Cap ETF vs First Trust Large Cap Core AlphaDEX Fund

AFMC

First Trust Active Factor Mid Cap ETF

First Trust

Annual cost

0.68%

Fund size

$153M

FEX

First Trust Large Cap Core AlphaDEX Fund

First Trust

Annual cost

0.57%

Fund size

$1.5B

Key differences

  • FEX costs 0.11% less per year.
  • FEX is significantly larger than AFMC — larger funds tend to be more liquid and less likely to close.
  • AFMC follows a active selection strategy; FEX uses index tracking.
  • FEX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AFMCFEX
Annual cost (TER)0.68%0.57%
Fund size (AUM)$153M$1.5B
Since20192007
Dividend yield0.81%0.99%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+27.2%+29.3%
CAGR 3Y+20.8%+20.6%
CAGR 5Y+10.2%+11.1%
Sharpe 3Y0.961.11
Volatility 1Y14.96%12.57%
Max drawdown-42.14%-39.51%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AFMC and FEX