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ILDR vs FXL

First Trust Innovation Leaders ETF vs First Trust Technology AlphaDEX Fund

ILDR

First Trust Innovation Leaders ETF

First Trust

Annual cost

0.75%

Fund size

$243M

FXL

First Trust Technology AlphaDEX Fund

First Trust

Annual cost

0.60%

Fund size

$1.5B

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

ILDRFXL
Annual cost (TER)0.75%0.60%
Fund size (AUM)$243M$1.5B
Since20212007
Dividend yield0.00%0.01%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+44.9%+37.1%
CAGR 3Y+31.9%+26.0%
CAGR 5YN/A+12.5%
Sharpe 3Y1.170.94
Volatility 1Y20.91%21.90%
Max drawdown-44.61%-38.49%

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

Similar to ILDR and FXL