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FAD vs IWP

First Trust Multi Cap Growth AlphaDEX Fund vs iShares Russell Mid-Cap Growth ETF

FAD

First Trust Multi Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.63%

Fund size

$480M

IWP

iShares Russell Mid-Cap Growth ETF

iShares

Annual cost

0.23%

Fund size

$19.6B

Key differences

  • IWP costs 0.40% less per year.
  • IWP is significantly larger than FAD — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FAD has delivered higher annualized returns.
  • IWP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FADIWP
Annual cost (TER)0.63%0.23%
Fund size (AUM)$480M$19.6B
Since20072001
Dividend yield0.10%0.34%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+34.2%+7.1%
CAGR 3Y+24.0%+16.3%
CAGR 5Y+11.7%+7.0%
Sharpe 3Y1.040.70
Volatility 1Y18.41%16.54%
Max drawdown-37.25%-38.62%

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

Similar to FAD and IWP