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QQEW vs FNY

First Trust Nasdaq-100 Select Equal Weight ETF vs First Trust Mid Cap Growth AlphaDEX Fund

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

First Trust

Annual cost

0.55%

Fund size

$1.6B

FNY

First Trust Mid Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.73%

Fund size

$518M

Key differences

  • QQEW costs 0.18% less per year.
  • QQEW 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.
  • QQEW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QQEWFNY
Annual cost (TER)0.55%0.73%
Fund size (AUM)$1.6B$518M
Since20062011
Dividend yield0.32%0.03%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+16.2%+31.0%
CAGR 3Y+15.6%+20.1%
CAGR 5Y+8.4%+9.2%
Sharpe 3Y0.700.82
Volatility 1Y16.22%19.81%
Max drawdown-32.13%-38.91%

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

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