FAD
First Trust Multi Cap Growth AlphaDEX Fund
First Trust Multi Cap Growth AlphaDEX Fund seeks investment results that correspond to the Defined Multi Cap Growth Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
358.4 M
ASSETS UNDER MGMT
64 bp
EXPENSES
Fund Basics
| Fund sponsor | First Trust Advisors LP |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | May 08, 2007 |
| Assets (mns) | $358 |
| Expense ratio | 64 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| EXPEDIA GROUP INC | 0.5 % |
| LAM RESEARCH CORP | 0.5 % |
| VERTIV HOLDINGS CO. CLASS A | 0.5 % |
| SEAGATE TECHNOLOGY HOLDINGS PLC | 0.5 % |
| COMFORT SYSTEMS USA INC | 0.5 % |
| ADVANCED MICRO DEVICES | 0.5 % |
| COHERENT INC | 0.5 % |
| ALPHABET INC. CLASS A | 0.5 % |
| AMPHENOL CORP-CL A | 0.5 % |
| CREDO TECHNOLOGY GROUP HOLDING LTD. | 0.5 % |
Constituent Breakdown
| Number of holdings | 677 |
| Herfindahl-Hirschman Index | 24 |
| Wgt avg mkt cap (mns) | $127,032 |
| Large cap (>$10bn) | 57.2% |
| Mid cap ($2-10bn) | 31.5% |
| Small cap (<$2bn) | 8.9% |
| Developed mkts. | 98.9% |
| Emerging mkts. | 0.5% |
Country Exposure
 |
UNITED STATES | 95.3 % |
 |
IRELAND | 2.4 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.8% | 22.4% | 31.9% | 18.5% | 14.0% | 12.6% | -- | 9.7% |
| Dividend Yield | 0.1% | 0.1% | 0.4% | 0.5% | 0.4% | 0.4% | -- | 0.4% |
| Total Returns | 18.8% | 22.5% | 32.3% | 19.0% | 14.4% | 13.0% | -- | 10.1% | Ann. Volatility | 22.6% | 22.2% | 19.4% | 18.9% | 20.9% | 21.0% | -- | 21.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.25 | 83% |
| MSCI EAFE | 0.61 | 26% |
| MSCI Emg Mkts | 0.40 | 13% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| Recent close | $162.90 |
| 30d moving avg. | $162.17 |
| Annualized volatility | 17.7% |
| Relative strength (RSI) | 51 |
| Short interest | 0.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| FTC | First Trust Large Cap Growth AlphaDEX Fund | 49.9% | -5 bp | +2.0% |
| FEX | First Trust Large Cap Core AlphaDEX Fund | 40.8% | -5 bp | +5.8% |
| VFMO | Vanguard U.S. Momentum Factor ETF | 37.6% | -51 bp | +3.0% |
| VXF | Vanguard Extended Market ETF | 31.9% | -59 bp | +4.7% |
| GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 31.7% | -55 bp | +6.2% |
| ISCG | iShares Morningstar Small-Cap Growth ETF | 31.0% | -58 bp | +2.9% |
| SIZE | iShares MSCI USA Size Factor ETF | 30.6% | -49 bp | +6.1% |
| FNY | First Trust Mid Cap Growth AlphaDEX Fund | 29.7% | +6 bp | +2.2% |
| BFOR | ALPS Barron's 400 ETF | 29.4% | +1 bp | +6.0% |
| EUSA | iShares MSCI USA Equal Weighted ETF | 28.8% | -55 bp | +6.3% |
Risk and Returns: FAD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/11/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
FAD
1.1%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 998 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. FAD's ALTAR Score™ is approximately
1.9 standard deviations
below
the category average. This places FAD in the 3rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FADSELL
U/W
HOLD
O/W
BUY