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FNK vs IVOV

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

FNK

First Trust Mid Cap Value AlphaDEX Fund

First Trust

Annual cost

0.74%

Fund size

$217M

IVOV

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

Vanguard

Annual cost

0.10%

Fund size

$1.4B

Key differences

  • IVOV costs 0.64% less per year.
  • IVOV is significantly larger than FNK — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

FNKIVOV
Annual cost (TER)0.74%0.10%
Fund size (AUM)$217M$1.4B
Since20112010
Dividend yield1.54%1.68%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+21.0%+20.8%
CAGR 3Y+13.8%+14.2%
CAGR 5Y+6.9%+7.2%
Sharpe 3Y0.580.63
Volatility 1Y15.67%15.44%
Max drawdown-50.70%-45.99%

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

Similar to FNK and IVOV