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FNK vs IMCV

First Trust Mid Cap Value AlphaDEX Fund vs iShares Morningstar Mid-Cap Value ETF

FNK

First Trust Mid Cap Value AlphaDEX Fund

First Trust

Annual cost

0.74%

Fund size

$217M

IMCV

iShares Morningstar Mid-Cap Value ETF

iShares

Annual cost

0.06%

Fund size

$1.0B

Key differences

  • IMCV costs 0.68% less per year.
  • IMCV is significantly larger than FNK — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, IMCV has delivered higher annualized returns.
  • IMCV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNKIMCV
Annual cost (TER)0.74%0.06%
Fund size (AUM)$217M$1.0B
Since20112004
Dividend yield1.54%1.96%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+21.0%+24.5%
CAGR 3Y+13.8%+16.7%
CAGR 5Y+6.9%+8.8%
Sharpe 3Y0.580.91
Volatility 1Y15.67%11.83%
Max drawdown-50.70%-46.33%

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

Similar to FNK and IMCV