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QQEW vs FAB

First Trust Nasdaq-100 Select Equal Weight ETF vs First Trust Multi Cap Value AlphaDEX Fund

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

First Trust

Annual cost

0.55%

Fund size

$1.6B

FAB

First Trust Multi Cap Value AlphaDEX Fund

First Trust

Annual cost

0.66%

Fund size

$139M

Key differences

  • QQEW costs 0.11% less per year.
  • QQEW is significantly larger than FAB — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

QQEWFAB
Annual cost (TER)0.55%0.66%
Fund size (AUM)$1.6B$139M
Since20062007
Dividend yield0.32%1.58%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+16.2%+27.9%
CAGR 3Y+15.6%+15.9%
CAGR 5Y+8.4%+7.9%
Sharpe 3Y0.700.74
Volatility 1Y16.22%14.02%
Max drawdown-32.13%-47.08%

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

Similar to QQEW and FAB