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FNK vs IWR

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

FNK

First Trust Mid Cap Value AlphaDEX Fund

First Trust

Annual cost

0.74%

Fund size

$217M

IWR

iShares Russell Mid-Cap ETF

iShares

Annual cost

0.18%

Fund size

$52.6B

Key differences

  • IWR costs 0.56% less per year.
  • IWR is significantly larger than FNK — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, IWR has delivered higher annualized returns.
  • IWR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNKIWR
Annual cost (TER)0.74%0.18%
Fund size (AUM)$217M$52.6B
Since20112001
Dividend yield1.54%1.19%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+21.0%+21.8%
CAGR 3Y+13.8%+17.2%
CAGR 5Y+6.9%+8.1%
Sharpe 3Y0.580.86
Volatility 1Y15.67%13.50%
Max drawdown-50.70%-40.59%

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

Similar to FNK and IWR