First Trust Latin America AlphaDEX Fund
$27.73−0.34 (−1.20%)
- 0.80%
- $49M
- +44.6%
- 3.38%
- 0M sh
- $27.90
- low $20.34high $28.50
The ETF.net FLN Grade
D
Score 26 out of 100
- 10 of 10
Score 26 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.F14 out of 100Rank 9 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.C45 out of 100Rank 3 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 9 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 6 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D33 out of 100Rank 8 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D29 out of 100Rank 10 of 10
Our read on FLN
DMost Latin America funds just buy the region's biggest companies. FLN runs Latin American stocks through First Trust's AlphaDEX growth-and-value screen first, then holds the roughly 60 names that survive it.
The fund seeks investment results that generally correspond to the price and yield of the Nasdaq AlphaDEX Latin America Index before fees and expenses.
Why people hold it
- Rules-based stock picking, not a market-cap copy: the AlphaDEX screen ranks stocks on growth and value factors and builds the index from the winners.
- Roughly 60 holdings, so the screen actually shows up in the portfolio instead of getting diluted across hundreds of names.
- Live since 2011, giving it a long public record across the region's commodity and currency cycles.
- Distributions land quarterly, and the mandate is a clean single-region equity sleeve: Latin America, nothing else bolted on.
Worth knowing
- The screen carries a price: 0.80% a year, well above what plain index-tracking ETFs in its peer group typically charge. That is a permanent drag on the strategy.
- Small asset base and light trading volume, so spreads can be wider than on the region's household-name funds and large orders need care.
- One region, one currency basket of risks. Latin American politics and exchange rates drive results here in a way a global fund would smooth out.
FLN Holdings
- Stocks
- 54
- 33%
- BPAC11.SA
Sectors
- Financials29.9%
- Utilities15.4%
- Energy11.9%
- Industrials10.7%
- Materials10.6%
- Consumer Staples7.3%
- Communication6.0%
- Consumer Discretionary4.2%
- Real Estate3.5%
- Health Care0.6%
Geography
- Brazil62.43%
- Mexico23.77%
- Chile8.77%
- Peru2.97%
- Colombia2.06%
Developed 0% · Emerging 100%
FLN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FLN$14,456
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 | FLN |
|---|---|
| Year to date | +27.0% |
| 1 month | +6.1% |
| 3 months | +9.7% |
| 1 year | +44.6% |
| 3 years | +21.9% |
| 5 years | +15.0% |
| 10 years | +8.8% |
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 | FLN |
|---|---|---|
| 2026 YTD | +27.0% | |
| 2025 | +55.0% | |
| 2024 | −23.1% | |
| 2023 | +29.7% | |
| 2022 | +2.7% | |
| 2021 | −7.0% | |
| 2020 | −12.3% |
FLN in the news
FLN Dividends
- 3.38%
- $0.95
- $0.15 per share
- Quarterly
Distribution history
FLN Risk
- 19.4%
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.
- 0.65
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.
- −26.0%
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.
- 0.97
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FLN Cost
0.80%
FLN0.80%
- The middle half of Emerging Markets Factor Index funds
- Median 0.45%
8 of the 10 Emerging Markets Factor Index funds charge less.
Other funds in Emerging Markets Factor Index
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- CDEHPDimensional - Emerging Markets High Profitability ETFExpense ratio 0.44%1 year return +37.2%
- DECOWPacer Emerging Markets Cash Cows 100 ETFExpense ratio 0.70%1 year return +21.4%
- DPIEInvesco Dorsey Wright Emerging Markets Momentum ETFExpense ratio 0.90%1 year return +56.1%