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
$ 1.2 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 +
| REGAL BELOIT CORP | 1.1 % |
| LUMENTUM HOLDINGS INC | 0.7 % |
| APA CORP. | 0.7 % |
| CIENA CORP | 0.6 % |
| OVINTIV INC | 0.6 % |
| CHORD ENERGY CORPORATION | 0.6 % |
| PERMIAN RESOURCES CORPORATION CLASS A | 0.6 % |
| MATADOR RESOURCES CO | 0.6 % |
| CALIFORNIA RESOURCES CORP | 0.6 % |
| BLOOM ENERGY CORPORATION CLASS A | 0.6 % |
Constituent Breakdown
| Number of holdings | 451 |
| Herfindahl-Hirschman Index | 29 |
| 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. | 98.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.5 % |
 |
BERMUDA | 1.6 % |
 |
IRELAND | 0.9 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.8% | 18.1% | 12.2% | 13.0% | 8.5% | 11.6% | -- | 8.4% |
| Dividend Yield | 0.0% | 0.7% | 1.1% | 1.2% | 1.2% | 1.2% | -- | 1.0% |
| Total Returns | 7.8% | 18.8% | 13.3% | 14.2% | 9.6% | 12.8% | -- | 9.4% | Ann. Volatility | 15.6% | 21.5% | 19.3% | 19.3% | 20.6% | 21.9% | -- | 23.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.98 | 78% |
| MSCI EAFE | 0.97 | 56% |
| MSCI Emg Mkts | 0.83 | 49% |
Liquidity Measures
| Avg. volume (000) | 41 |
| ADV traded (mns) | $5 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $129.97 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -1.73/-1.70 |
| Bollinger Bands (Upper/Lower) | $134.79/$123.35 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 | 58.9% | +10 bp | +3.3% |
| EZM | WisdomTree U.S. MidCap Fund | 51.8% | -22 bp | +2.1% |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 49.7% | -53 bp | -0.9% |
| ISCB | iShares Morningstar Small-Cap ETF | 44.9% | -56 bp | -1.0% |
| STXM | Strive Mid-Cap ETF | 44.8% | -42 bp | -1.1% |
| SCHM | Schwab U.S. Mid-Cap ETF | 43.9% | -56 bp | -0.4% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 42.5% | -37 bp | -0.3% |
| ISCV | iShares Morningstar Small Cap Value ETF | 42.3% | -54 bp | +1.4% |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | 41.7% | -43 bp | -1.4% |
| BKMC | BNY Mellon US Mid Cap Core Equity ETF | 41.7% | -56 bp | -0.7% |
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 3/29/2026
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
7.5%
ALTAR SCORE™
78th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,199 funds in the US Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 2.1%. FNX's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places FNX in the 78th percentile
among funds in the category.
Sell-Side Consensus
$156.7
PRICE TARGET
+24.4%
UPSIDE