First Trust Multi Cap Growth AlphaDEX Fund
$182.63−2.00 (−1.08%)
- Expense ratio
- 0.63%
- Fund size
- $606M
- 1Y return
- +13.7%
- Yield · Last 12 months
- 0.10%
- Holdings
- 674
- Volume · 30D
- 0M sh
- NAV per share
- $183.52
- 52W range
The ETF.net FAD Grade
Score 42 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 9Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 26Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 46Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 83Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 72Category rank
Our read on FAD
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.
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
- One ticker, roughly 700 US stocks spanning large, mid and small caps, so no single name or size band runs the show.ftportfolios.com
- Screens on growth and value marks rather than taking the market cap-weighted index as-is, and rebalances by rule instead of manager hunch.ftportfolios.com
- Live since 2007, so AlphaDEX here has a real-money record across multiple market cycles, not a backtest.
- Sticks to the job in its prospectus: tracking the Nasdaq AlphaDEX Multi Cap Growth Index, with little gap between what the documents describe and what it holds.ftportfolios.com
Worth knowing
- At 0.63% a year, it runs about double the typical fund in its multifactor group, and plain index peers like IUSG (0.04%) and VONV (0.06%) charge a sliver of that.
- Trading is thin next to the category's giants, so spreads can widen. Limit orders are the standard defense.
- Reaching down the cap ladder into smaller growth names means a choppier ride than a plain large-cap index.
FAD Holdings
- Other
- 674
- 5%
- DELL
Sectors
- Technology25.9%
- Industrials21.6%
- Health Care18.3%
- Consumer Discr.11.2%
- Financials9.5%
- Real Estate4.2%
- Communication3.0%
- Materials2.3%
- Cons. Staples2.2%
- Energy1.1%
- Utilities0.8%
Geography
- United States97.77%
- Ireland1.26%
- Cayman Islands0.27%
- Switzerland0.23%
- United Kingdom0.23%
- Netherlands0.11%
- Bahamas0.09%
- Puerto Rico0.04%
FAD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +14.1% |
| 1 month | −2.1% |
| 3 months | −6.5% |
| 1 year | +13.7% |
| 3 years | +23.2% |
| 5 years | +9.0% |
| 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 | +14.1% | |
| 2025 | +17.2% | |
| 2024 | +23.8% | |
| 2023 | +19.1% | |
| 2022 | −24.1% | |
| 2021 | +21.2% | |
| 2020 | +34.9% |
FAD in the news
ETF.net Research hasn’t filed on FAD yet — coverage lands here as it’s written.
FAD Dividends
- 0.10%
- $0.18
- $0.07 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.07 |
| Mar 26, 2026 | Mar 31, 2026 | $0.02 |
| Dec 12, 2025 | Dec 31, 2025 | $0.0085 |
| Sep 25, 2025 | Sep 30, 2025 | $0.08 |
| Jun 26, 2025 | Jun 30, 2025 | $0.07 |
| Dec 13, 2024 | Dec 31, 2024 | $0.31 |
| Sep 26, 2024 | Sep 30, 2024 | $0.38 |
| Jun 27, 2024 | Jun 28, 2024 | $0.05 |
| Dec 22, 2023 | Dec 29, 2023 | $0.19 |
| Sep 22, 2023 | Sep 29, 2023 | $0.07 |
| Jun 27, 2023 | Jun 30, 2023 | $0.11 |
| Mar 24, 2023 | Mar 31, 2023 | $0.20 |
FAD Risk
- 18.6%
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.
- 0.87
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.
- 1.16
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FAD Cost
- The middle half of US Multifactor funds
- Median 0.30%
88 of the 98 US Multifactor funds charge less.