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FVD vs FNK

First Trust Value Line Dividend Index Fund vs First Trust Mid Cap Value AlphaDEX Fund

FVD

First Trust Value Line Dividend Index Fund

First Trust

Annual cost

0.62%

Fund size

$8.2B

FNK

First Trust Mid Cap Value AlphaDEX Fund

First Trust

Annual cost

0.74%

Fund size

$217M

Key differences

  • FVD costs 0.12% less per year.
  • FVD is significantly larger than FNK — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FNK has delivered higher annualized returns.
  • FVD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FVDFNK
Annual cost (TER)0.62%0.74%
Fund size (AUM)$8.2B$217M
Since20032011
Dividend yield2.26%1.54%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+10.4%+21.0%
CAGR 3Y+8.9%+13.8%
CAGR 5Y+5.9%+6.9%
Sharpe 3Y0.500.58
Volatility 1Y9.61%15.67%
Max drawdown-35.25%-50.70%

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

Similar to FVD and FNK