First Trust Multi Cap Growth AlphaDEX Fund
$175.06−1.71 (−0.97%)
- 0.63%
- $571M
- +10.4%
- 0.09%
- 12.5K sh
- low $150.01high $200.22
The ETF.net FAD Grade
C
Score 40 out of 100
- 84 of 99
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 89 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A70 out of 100Rank 60 of 87Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F15 out of 100Rank 94 of 99Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 55 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 8 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A70 out of 100Rank 23 of 99
Our read on FAD
In short
CFAD has run First Trust's AlphaDEX screen since 2007, ranking US stocks on growth and value marks and spreading the survivors across roughly 700 names, small caps included. Rules-based stock picking wearing an index wrapper.
Stated mandate
The Fund seeks to track, before fees and expenses, the price and yield of the Nasdaq AlphaDEX Multi Cap Growth Index.
Why people hold it
Worth knowing
FAD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FAD$11,037
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FAD |
|---|---|
| Year to date | +9.3% |
| 1 month | −4.3% |
| 3 months | −7.8% |
| 1 year | +10.4% |
| 3 years | +22.1% |
| 5 years | +6.6% |
| 10 years | +13.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FAD |
|---|---|---|
| 2026 YTD | +9.3% | |
| 2025 | +17.2% | |
| 2024 | +23.8% | |
| 2023 | +19.1% | |
| 2022 | −24.1% | |
| 2021 | +21.2% | |
| 2020 | +34.9% |
FAD in the news
FAD Dividends
- 0.09%
- $0.15
- $0.05 per share
- Quarterly
FAD Risk
- 17.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −32.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FAD Cost
Overpaying vs VYM, tied cheapest in US Multifactor
$11,510
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FAD 0.63%
$12,359
VYM 0.04% Tied cheapest
$849
Cost over time
Year by year
| Year | FAD | VYM | Overpaying |
|---|---|---|---|
| 10 | $1,128 | $73 | $1,055 |
| 20 | $4,311 | $288 | $4,023 |
| 30 | $12,359 | $849 | $11,510 |
Other funds in US Multifactor
- CFSCSFirst Trust SMID Capital Strength ETFExpense ratio 0.60%1 year return +9.2%
- CTMFEMotley Fool Capital Efficiency 100 Index ETFExpense ratio 0.50%1 year return +4.9%
- CHQGOHartford US Quality Growth ETFExpense ratio 0.34%1 year return +11.5%
- CPALCPacer Lunt Large Cap Multi-Factor Alternator ETFExpense ratio 0.60%1 year return +5.2%
- DHERDPacer Cash Cows Fund of Funds ETFExpense ratio 0.74%1 year return +25.2%
