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FNK vs IVOO

First Trust Mid Cap Value AlphaDEX Fund vs Vanguard S&P Mid-Cap 400 Index Fund ETF Shares

FNK

First Trust Mid Cap Value AlphaDEX Fund

First Trust

Annual cost

0.74%

Fund size

$217M

IVOO

Vanguard S&P Mid-Cap 400 Index Fund ETF Shares

Vanguard

Annual cost

0.07%

Fund size

$5.4B

Key differences

  • IVOO costs 0.67% less per year.
  • IVOO is significantly larger than FNK — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, IVOO has delivered higher annualized returns.

Side-by-side comparison

FNKIVOO
Annual cost (TER)0.74%0.07%
Fund size (AUM)$217M$5.4B
Since20112010
Dividend yield1.54%1.23%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+21.0%+24.7%
CAGR 3Y+13.8%+16.1%
CAGR 5Y+6.9%+7.8%
Sharpe 3Y0.580.72
Volatility 1Y15.67%15.69%
Max drawdown-50.70%-42.33%

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

Similar to FNK and IVOO