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WCMG vs FNK

First Trust WCM Global Equity ETF vs First Trust Mid Cap Value AlphaDEX Fund

WCMG

First Trust WCM Global Equity ETF

Annual cost

0.85%

Fund size

$1.0M

FNK

First Trust Mid Cap Value AlphaDEX Fund

Annual cost

0.74%

Fund size

$217M

Key differences

  • FNK costs 0.11% less per year.
  • FNK is significantly larger than WCMG — larger funds tend to be more liquid and less likely to close.
  • WCMG covers global markets; FNK covers north america.
  • WCMG follows a active selection strategy; FNK uses index tracking.
  • FNK has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

WCMGFNK
Annual cost (TER)0.85%0.74%
Fund size (AUM)$1.0M$217M
Since20262011
Dividend yield1.54%
Asset classequityequity
Regionglobalnorth america
Strategyactive selectionindex tracking
CAGR 1YN/A+22.2%
CAGR 3YN/A+14.1%
CAGR 5YN/A+7.5%
Sharpe 3YN/A0.59
Volatility 1Y15.66%
Max drawdown-2.44%-50.70%

Similar to WCMG and FNK