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FNY vs IWO

First Trust Mid Cap Growth AlphaDEX Fund vs iShares Russell 2000 Growth ETF

FNY

First Trust Mid Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.73%

Fund size

$518M

IWO

iShares Russell 2000 Growth ETF

iShares

Annual cost

0.24%

Fund size

$13.9B

Key differences

  • IWO costs 0.49% less per year.
  • IWO is significantly larger than FNY — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FNY has delivered higher annualized returns.
  • IWO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNYIWO
Annual cost (TER)0.73%0.24%
Fund size (AUM)$518M$13.9B
Since20112000
Dividend yield0.03%0.42%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+31.0%+40.1%
CAGR 3Y+20.1%+18.8%
CAGR 5Y+9.2%+5.9%
Sharpe 3Y0.820.72
Volatility 1Y19.81%21.33%
Max drawdown-38.91%-42.01%

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

Similar to FNY and IWO