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ARVR vs FAD

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

ARVR

First Trust Indxx Metaverse ETF

First Trust

Annual cost

0.70%

Fund size

$5M

FAD

First Trust Multi Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.63%

Fund size

$480M

Key differences

  • FAD costs 0.07% less per year.
  • FAD is significantly larger than ARVR — larger funds tend to be more liquid and less likely to close.
  • ARVR covers asia pacific markets; FAD covers north america.
  • FAD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ARVRFAD
Annual cost (TER)0.70%0.63%
Fund size (AUM)$5M$480M
Since20222007
Dividend yield0.50%0.10%
Asset classequityequity
Regionasia pacificnorth america
Strategyindex trackingindex tracking
CAGR 1Y+35.4%+37.2%
CAGR 3Y+25.2%+24.7%
CAGR 5YN/A+12.4%
Sharpe 3Y1.021.07
Volatility 1Y19.39%18.54%
Max drawdown-26.25%-37.25%

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

Similar to ARVR and FAD