First Trust United Kingdom AlphaDEX Fund
$54.30+0.93 (+1.73%)
- 0.80%
- $35M
- +17.6%
- 3.85%
- 0M sh
- $53.46
- low $45.82high $57.88
The ETF.net FKU Grade
D
Score 25 out of 100
- 12 of 12
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 100Rank 11 of 12Mission
Whether the fund did what it promised, tested against its stated mandate.F18 out of 100Rank 11 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 3 of 12Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F11 out of 100Rank 12 of 12Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B67 out of 100Rank 4 of 12Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D28 out of 100Rank 11 of 12
Our read on FKU
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.
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 Holdings
- Stocks
- 78
- 24%
- CCC.L
Sectors
- Financials25.3%
- Industrials15.4%
- Consumer Discretionary15.1%
- Consumer Staples11.3%
- Materials9.1%
- Technology5.5%
- Real Estate5.4%
- Communication4.8%
- Energy4.3%
- Utilities2.5%
- Health Care1.3%
Geography
- United Kingdom89.39%
- Switzerland3.12%
- Bermuda2.16%
- Ireland1.78%
- United States1.45%
- Hong Kong1.16%
- Greece0.50%
- Mexico0.43%
Developed 97% · Emerging 3%
FKU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FKU$11,758
Returns run to the Oct 12, 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 | FKU |
|---|---|
| Year to date | +9.0% |
| 1 month | −1.9% |
| 3 months | +0.7% |
| 1 year | +17.6% |
| 3 years | +23.2% |
| 5 years | +9.6% |
| 10 years | +9.2% |
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 | FKU |
|---|---|---|
| 2026 YTD | +9.0% | |
| 2025 | +38.0% | |
| 2024 | +8.0% | |
| 2023 | +20.6% | |
| 2022 | −24.1% | |
| 2021 | +20.5% | |
| 2020 | −6.1% |
FKU in the news
FKU Dividends
- 3.85%
- $2.07
- $0.36 per share
- Quarterly
Distribution history
FKU Risk
- 15.3%
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.
- 1.15
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.
- −41.1%
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.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FKU Cost
0.80%
FKU0.80%
- The middle half of Europe Region funds
- Median 0.51%
10 of the 12 Europe Region funds charge less.
Other funds in Europe Region
- BEWLiShares MSCI Switzerland ETFExpense ratio 0.50%1 year return +7.9%
- BEWDiShares MSCI Sweden ETFExpense ratio 0.51%1 year return +11.5%
- CHEDJWisdomTree Europe Hedged Equity FundExpense ratio 0.58%1 year return +12.0%
- CFGMFirst Trust Germany AlphaDEX FundExpense ratio 0.80%1 year return −0.4%
- CGREKGlobal X - MSCI Greece ETFExpense ratio 0.56%1 year return +27.1%