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FXL vs ILDR

First Trust Technology AlphaDEX Fund vs First Trust Innovation Leaders ETF

FXL

First Trust Technology AlphaDEX Fund

First Trust

Annual cost

0.60%

Fund size

$1.5B

ILDR

First Trust Innovation Leaders ETF

First Trust

Annual cost

0.75%

Fund size

$243M

Key differences

  • FXL costs 0.15% less per year.
  • FXL is significantly larger than ILDR — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, ILDR has delivered higher annualized returns.
  • FXL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FXLILDR
Annual cost (TER)0.60%0.75%
Fund size (AUM)$1.5B$243M
Since20072021
Dividend yield0.01%0.00%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+37.1%+44.9%
CAGR 3Y+26.0%+31.9%
CAGR 5Y+12.5%N/A
Sharpe 3Y0.941.17
Volatility 1Y21.90%20.91%
Max drawdown-38.49%-44.61%

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

Similar to FXL and ILDR