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ARVR vs FAB

First Trust Indxx Metaverse ETF vs First Trust Multi Cap Value AlphaDEX Fund

ARVR

First Trust Indxx Metaverse ETF

First Trust

Annual cost

0.70%

Fund size

$5M

FAB

First Trust Multi Cap Value AlphaDEX Fund

First Trust

Annual cost

0.66%

Fund size

$139M

Key differences

  • FAB is significantly larger than ARVR — larger funds tend to be more liquid and less likely to close.
  • ARVR covers asia pacific markets; FAB covers north america.
  • Over the last 3 years, ARVR has delivered higher annualized returns.
  • FAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ARVRFAB
Annual cost (TER)0.70%0.66%
Fund size (AUM)$5M$139M
Since20222007
Dividend yield0.50%1.58%
Asset classequityequity
Regionasia pacificnorth america
Strategyindex trackingindex tracking
CAGR 1Y+35.4%+29.1%
CAGR 3Y+25.2%+16.0%
CAGR 5YN/A+8.4%
Sharpe 3Y1.020.75
Volatility 1Y19.39%14.01%
Max drawdown-26.25%-47.08%

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

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