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FNK vs FELV

First Trust Mid Cap Value AlphaDEX Fund vs Fidelity Enhanced Large Cap Value ETF

FNK

First Trust Mid Cap Value AlphaDEX Fund

First Trust

Annual cost

0.74%

Fund size

$217M

FELV

Fidelity Enhanced Large Cap Value ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$2.9B

Key differences

  • FELV costs 0.56% less per year.
  • FELV is significantly larger than FNK — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FNKFELV
Annual cost (TER)0.74%0.18%
Fund size (AUM)$217M$2.9B
Since20112007
Dividend yield1.54%1.58%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+21.0%+29.5%
CAGR 3Y+13.8%N/A
CAGR 5Y+6.9%N/A
Sharpe 3Y0.58N/A
Volatility 1Y15.67%10.81%
Max drawdown-50.70%-16.08%

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

Similar to FNK and FELV