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FVAL vs FAB

Fidelity Value Factor ETF vs First Trust Multi Cap Value AlphaDEX Fund

FVAL

Fidelity Value Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.2B

FAB

First Trust Multi Cap Value AlphaDEX Fund

First Trust

Annual cost

0.66%

Fund size

$139M

Key differences

  • FVAL costs 0.51% less per year.
  • FVAL is significantly larger than FAB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FVAL has delivered higher annualized returns.
  • FAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FVALFAB
Annual cost (TER)0.15%0.66%
Fund size (AUM)$1.2B$139M
Since20162007
Dividend yield1.56%1.58%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+31.2%+27.9%
CAGR 3Y+21.4%+15.9%
CAGR 5Y+12.4%+7.9%
Sharpe 3Y1.180.74
Volatility 1Y11.74%14.02%
Max drawdown-37.26%-47.08%

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

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