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
$ 222.9 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 +
| HF SINCLAIR CORPORATION | 0.8 % |
| CF INDUSTRIES HOLDINGS INC | 0.8 % |
| LITHIA MOTORS INC-CL A | 0.8 % |
| LYFT INC CLASS A | 0.8 % |
| GENPACT LTD | 0.8 % |
| SM ENERGY CO | 0.8 % |
| EPAM SYSTEMS INC | 0.8 % |
| ASBURY AUTOMOTIVE GROUP | 0.8 % |
| OVINTIV INC | 0.8 % |
| MAXIMUS INC | 0.8 % |
Constituent Breakdown
| Number of holdings | 226 |
| Herfindahl-Hirschman Index | 54 |
| Wgt avg mkt cap (mns) | $7,362 |
| Large cap (>$10bn) | 20.0% |
| Mid cap ($2-10bn) | 77.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 97.7% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 93.1 % |
 |
BERMUDA | 3.6 % |
 |
SWITZERLAND | 0.7 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 10.2% | 18.5% | 9.6% | 10.3% | 6.6% | 8.2% | -- | 7.5% |
| Dividend Yield | 0.8% | 1.9% | 1.8% | 1.9% | 1.8% | 1.8% | -- | 1.6% |
| Total Returns | 11.0% | 20.3% | 11.4% | 12.2% | 8.5% | 10.0% | -- | 9.1% | Ann. Volatility | 13.9% | 15.3% | 19.8% | 19.2% | 21.0% | 23.8% | -- | 22.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.66 | 30% |
| MSCI EAFE | 0.55 | 32% |
| MSCI Emg Mkts | 0.25 | 14% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $60.57 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.42/0.49 |
| Bollinger Bands (Upper/Lower) | $62.16/$59.78 |
| 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 | 57.2% | -10 bp | -3.6% |
| EZM | WisdomTree U.S. MidCap Fund | 38.1% | -32 bp | -1.5% |
| DON | WisdomTree U.S. MidCap Dividend Fund | 37.8% | -32 bp | -1.4% |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 37.3% | -52 bp | -2.5% |
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 37.2% | -55 bp | -2.5% |
| IVOV | Vanguard S&P Mid-Cap 400 Value ETF | 36.9% | -60 bp | -2.5% |
| DFAT | Dimensional U.S. Targeted Value ETF | 33.9% | -42 bp | -1.5% |
| ISCV | iShares Morningstar Small Cap Value ETF | 31.7% | -64 bp | -3.0% |
| DFSV | Dimensional US Small Cap Value ETF | 30.2% | -39 bp | -2.1% |
| FAB | First Trust Multi Cap Value AlphaDEX Fund | 29.3% | -3 bp | -1.2% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 7/16/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
10.9%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,399 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 2.6 standard
deviations above the category average. This places FNK in the 99th percentile
among funds in the category.
Sell-Side Consensus
$70.52
PRICE TARGET
+13.9%
UPSIDE