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QQEW vs FYT

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

QQEW

First Trust Nasdaq-100 Select Equal Weight ETF

First Trust

Annual cost

0.55%

Fund size

$1.6B

FYT

First Trust Small Cap Value AlphaDEX Fund

First Trust

Annual cost

0.70%

Fund size

$183M

Key differences

  • QQEW costs 0.15% less per year.
  • QQEW is significantly larger than FYT — larger funds tend to be more liquid and less likely to close.
  • QQEW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QQEWFYT
Annual cost (TER)0.55%0.70%
Fund size (AUM)$1.6B$183M
Since20062011
Dividend yield0.32%1.10%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+16.2%+37.0%
CAGR 3Y+15.6%+16.4%
CAGR 5Y+8.4%+5.8%
Sharpe 3Y0.700.64
Volatility 1Y16.22%19.16%
Max drawdown-32.13%-50.48%

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

Similar to QQEW and FYT