Skip to content
etf.net

Launched · SEC filings

First Trust United Kingdom AlphaDEX Fund

FKUNasdaqFirst TrustD

$55.57+1.02 (+1.86%)

At close: Nov 2, 2026, 4:00 PM ET

D25/ 100

Rank 12 of 12 in Europe Region

D25/100Rank 12 of 12inEurope Region
Intraday session: up, 79 prints from 54.55 to 55.57. Range 55.28 to 55.76. Use the arrow keys to read each point.54.7555.0055.2555.7510 AM12 PM2 PM4 PM
Expense ratio
0.80%
Fund size
$35M
1Y total return
+18.1%
Yield · Last 12 months
3.80%
Holdings
78
Avg volume · 30D
1.51K sh
52W range
low $45.82high $57.88
Launched
Filings
SEC EDGAR

The ETF.net FKU Grade

D

Score 25 out of 100

Category
Europe Region⁠
Rank
12 of 12
Six-pillar profile for FKU. Scores out of 100: Cost 7, Risk 60, Mission 18, Tradability 14, Holdings 65, Durability 28. Strongest: Holdings (65). Weakest: Cost (7). Leans toward Holdings and Risk.

Score 25 of 100 falls in the D 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.
    F7 out of 100
    Rank 11 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F18 out of 100
    Rank 11 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 4 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F14 out of 100
    Rank 12 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B65 out of 100
    Rank 5 of 12

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D28 out of 100
    Rank 11 of 12

Our read on FKU

ETF.net Research

In short

DMost UK funds hand you the London giants in order of size. FKU runs a rules-based screen on growth and value metrics instead, then reweights about 80 British stocks by rank. Same market, very different slice. Live since 2012.

Stated mandate

The fund seeks investment results that generally correspond to the price and yield performance of the Nasdaq AlphaDEX United Kingdom Index before fees and expenses.

Why people hold it

  • Not a cap-weighted clone: the AlphaDEX rules rank UK stocks on growth and value metrics, so the market's biggest names don't automatically get the biggest weights.ftportfolios.com
  • Holds about 80 British stocks, one of the better-balanced portfolios among single-country Europe funds, so no single name carries the whole thing.
  • Running since 2012 against a published Nasdaq index, so the selection rules are public and there's a long live record to inspect. Distributions come quarterly.

Worth knowing

  • The 0.80% expense ratio sits at the high end for single-country Europe funds (DAX charges 0.20%, EWL 0.50%), and it's the main reason this one lands in the lower tier of the group.
  • Thinly traded on a small asset base, so spreads can be wider and sizeable orders push the price around more than in the category's household names.
  • One country, one market: UK equity only, so British economic and political news sets the tone. The factor screen also means it can look nothing like the headline UK index.

FKU Performance

Launched Feb 14, 2012

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FKU$11,811
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FKU $11,811. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for FKU. Periods over one year show the average yearly return.
PeriodFKU
Year to date+10.5%
1 month+0.9%
3 months−0.8%
1 year+18.1%
3 yearsper year+25.4%
5 yearsper year+9.1%
10 yearsper year+9.4%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FKU
YearReturn barFKU
2026 YTD+10.5%
2025+38.0%
2024+8.0%
2023+20.6%
2022−24.1%
2021+20.5%
2020−6.1%

FKU in the news

FKU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.80%Last 12 months
Payout per share
$2.07Last 12 months
Last payment
$0.36 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.13; Jun 22, 2017 $0.45; Sep 21, 2017 $0.35; Dec 21, 2017 $0.24; Mar 22, 2018 $0.53; Jun 21, 2018 $0.54; Sep 14, 2018 $0.30; Dec 18, 2018 $0.27; Mar 21, 2019 $0.13; Jun 14, 2019 $0.35; Sep 25, 2019 $0.40; Dec 13, 2019 $0.49; Mar 26, 2020 $0.27; Jun 25, 2020 $0.09; Sep 24, 2020 $0.13; Dec 24, 2020 $0.07; Mar 25, 2021 $0.23; Jun 24, 2021 $0.48; Sep 23, 2021 $0.26; Dec 23, 2021 $0.34; Mar 25, 2022 $0.32; Jun 24, 2022 $0.67; Sep 23, 2022 $0.70; Dec 23, 2022 $0.07; Mar 24, 2023 $0.11; Jun 27, 2023 $0.49; Sep 22, 2023 $0.26; Dec 22, 2023 $0.54; Mar 21, 2024 $0.19; Jun 27, 2024 $0.45; Sep 26, 2024 $0.27; Dec 13, 2024 $0.64; Mar 27, 2025 $0.16; Jun 26, 2025 $0.53; Sep 25, 2025 $0.32; Dec 12, 2025 $0.46; Mar 26, 2026 $0.16; Jun 25, 2026 $1.10; Sep 24, 2026 $0.36. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.36
Jun 25, 2026Jun 30, 2026$1.10
Mar 26, 2026Mar 31, 2026$0.16
Dec 12, 2025Dec 31, 2025$0.46
Sep 25, 2025Sep 30, 2025$0.32
Jun 26, 2025Jun 30, 2025$0.53
Mar 27, 2025Mar 31, 2025$0.16
Dec 13, 2024Dec 31, 2024$0.64
Sep 26, 2024Sep 30, 2024$0.27
Jun 27, 2024Jun 28, 2024$0.45
Mar 21, 2024Mar 28, 2024$0.19
Dec 22, 2023Dec 29, 2023$0.54

See all 58 payments⁠

$10,000 in FKU 10 years ago paid $4,364 in dividends.⁠

FKU Risk

Risk pillarB60 out of 100Rank 4 of 12 in Europe Region
How much the fund’s monthly returns vary, scaled to a year.
14.9%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.31
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−41.1%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
1.03
vs its asset-class index
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.

FKU Cost

Compare FKU and SPEU

Overpaying vs SPEU, cheapest in Europe Region

$13,866

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FKU 0.80%

    $15,346

  • SPEU 0.07% Cheapest

    $1,480

$10,000
30 years

Cost over time

  • FKU 0.80%
  • SPEU 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FKU $15,346SPEU $1,480

Year by year

YearFKUSPEUOverpaying
10$1,422$128$1,294
20$5,393$503$4,890
30$15,346$1,480$13,866

Other funds in Europe Region

See others