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IWP vs FNY

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

IWP

iShares Russell Mid-Cap Growth ETF

iShares

Annual cost

0.23%

Fund size

$19.6B

FNY

First Trust Mid Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.73%

Fund size

$518M

Key differences

  • IWP costs 0.50% less per year.
  • IWP 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.
  • IWP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWPFNY
Annual cost (TER)0.23%0.73%
Fund size (AUM)$19.6B$518M
Since20012011
Dividend yield0.34%0.03%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+31.0%
CAGR 3Y+16.3%+20.1%
CAGR 5Y+7.0%+9.2%
Sharpe 3Y0.700.82
Volatility 1Y16.54%19.81%
Max drawdown-38.62%-38.91%

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

Similar to IWP and FNY