FNX
First Trust Mid Cap Core AlphaDEX Fund
First Trust Mid Cap Core AlphaDEX Fund is an closed-end Fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined Mid Cap Core Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.3 B
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | May 08, 2007 |
| 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 +
| SANMINA CORP | 0.6 % |
| VICOR CORP | 0.6 % |
| VIAVI SOLUTIONS INC. | 0.6 % |
| TTM TECHNOLOGIES | 0.6 % |
| VIASAT INC | 0.5 % |
| INTEGRATED ELECTRICAL SERVIC | 0.5 % |
| PLANET LABS PBC CLASS A | 0.5 % |
| STERLING CONSTRUCTION CO | 0.4 % |
| SKYWORKS SOLUTIONS INC | 0.4 % |
| DYCOM INDUSTRIES INC | 0.4 % |
Constituent Breakdown
| Number of holdings | 451 |
| Herfindahl-Hirschman Index | 28 |
| Wgt avg mkt cap (mns) | $8,140 |
| Large cap (>$10bn) | 28.4% |
| Mid cap ($2-10bn) | 68.3% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 98.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.6 % |
 |
BERMUDA | 1.7 % |
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 | 10.0% | 32.2% | 14.3% | 15.7% | 7.2% | 10.7% | -- | 8.4% |
| Dividend Yield | 0.3% | 1.2% | 1.3% | 1.3% | 1.3% | 1.2% | -- | 1.0% |
| Total Returns | 10.3% | 33.4% | 15.7% | 17.0% | 8.4% | 12.0% | -- | 9.5% | Ann. Volatility | 17.3% | 16.6% | 19.5% | 19.0% | 20.5% | 22.0% | -- | 22.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.08 | 65% |
| MSCI EAFE | 0.79 | 48% |
| MSCI Emg Mkts | 0.56 | 39% |
Liquidity Measures
| Avg. volume (000) | 26 |
| ADV traded (mns) | $4 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $134.60 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 1.85/1.80 |
| Bollinger Bands (Upper/Lower) | $140.92/$130.44 |
| Short interest (% of AUM) | 0.1% |
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. FNX |
Expenses vs. FNX |
ALTAR Score™ vs. FNX |
|---|---|---|---|---|
| FNK | First Trust Mid Cap Value AlphaDEX Fund | 56.2% | +10 bp | +3.5% |
| EZM | WisdomTree U.S. MidCap Fund | 52.8% | -22 bp | +2.0% |
| ISCB | iShares Morningstar Small-Cap ETF | 43.8% | -56 bp | -1.0% |
| JHSC | John Hancock Multifactor Small Cap ETF | 43.2% | -18 bp | -0.3% |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 42.6% | -53 bp | -1.0% |
| ISCV | iShares Morningstar Small Cap Value ETF | 40.3% | -54 bp | +1.4% |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | 40.0% | -43 bp | -1.4% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 39.7% | -37 bp | -0.3% |
| VBR | Vanguard Small Cap Value ETF | 39.2% | -53 bp | +1.4% |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 38.9% | -57 bp | -0.1% |
Risk and Returns: FNX 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 5/9/2026
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
6.8%
ALTAR SCORE™
74th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,207 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. FNX's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places FNX in the 74th percentile
among funds in the category.
Sell-Side Consensus
$158.66
PRICE TARGET
+14.0%
UPSIDE