FNK
First Trust Mid Cap Value AlphaDEX Fund
First Trust Mid Cap Value AlphaDEX Fund seeks investment results that correspond to the Defined Mid Cap Value Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 215.0 M
ASSETS UNDER MGMT
70 bp
EXPENSES
Fund Basics
| Inception date | Apr 19, 2011 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| FIRST AMERICAN FINANCIAL | 0.8 % |
| SIRIUS XM HOLDINGS INC | 0.8 % |
| KILROY REALTY CORP | 0.8 % |
| VORNADO REALTY TRUST | 0.8 % |
| COMMERCIAL METALS CO | 0.8 % |
| MERITAGE HOMES CORP | 0.8 % |
| MACY'S INC | 0.8 % |
| EPR PROPERTIES | 0.8 % |
| ADT, INC. | 0.8 % |
| LITHIA MOTORS INC-CL A | 0.8 % |
Constituent Breakdown
| Number of holdings | 226 |
| Herfindahl-Hirschman Index | 54 |
| Wgt avg mkt cap (mns) | $7,199 |
| Large cap (>$10bn) | 19.3% |
| Mid cap ($2-10bn) | 77.7% |
| Small cap (<$2bn) | 0.8% |
| Developed mkts. | 97.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.7 % |
 |
BERMUDA | 3.2 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.1% | 26.6% | 8.8% | 11.5% | 5.9% | 7.7% | -- | 7.5% |
| Dividend Yield | 0.5% | 2.1% | 1.9% | 2.0% | 1.8% | 1.8% | -- | 1.6% |
| Total Returns | 8.5% | 28.7% | 10.7% | 13.4% | 7.7% | 9.5% | -- | 9.1% | Ann. Volatility | 14.5% | 16.4% | 19.9% | 19.8% | 21.1% | 23.9% | -- | 22.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.86 | 42% |
| MSCI EAFE | 0.63 | 31% |
| MSCI Emg Mkts | 0.39 | 20% |
Liquidity Measures
| Avg. volume (000) | 12 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $58.91 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.58/0.57 |
| Bollinger Bands (Upper/Lower) | $60.85/$57.69 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FNK |
Expenses vs. FNK |
ALTAR Score™ vs. FNK |
|---|---|---|---|---|
| FNX | First Trust Mid Cap Core AlphaDEX Fund | 56.2% | -10 bp | -3.4% |
| EZM | WisdomTree U.S. MidCap Fund | 40.7% | -32 bp | -1.3% |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 37.8% | -52 bp | -1.7% |
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 37.8% | -55 bp | -1.6% |
| IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 37.6% | -60 bp | -1.6% |
| DON | WisdomTree U.S. MidCap Dividend Fund | 37.2% | -32 bp | -1.7% |
| DFAT | Dimensional U.S. Targeted Value ETF | 36.8% | -42 bp | -1.1% |
| ISCV | iShares Morningstar Small Cap Value ETF | 34.2% | -64 bp | -2.0% |
| DFSV | Dimensional US Small Cap Value ETF | 32.8% | -39 bp | -1.1% |
| RWK | Invesco S&P MidCap 400 Revenue ETF | 29.6% | -31 bp | -1.6% |
Risk and Returns: FNK 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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2025 | 2026 | 2027 | |
| 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 5/2/2026
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
10.2%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,169 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. FNK's ALTAR Score™ is approximately 2.3 standard
deviations above the category average. This places FNK in the 99th percentile
among funds in the category.
Sell-Side Consensus
$70.69
PRICE TARGET
+18.4%
UPSIDE