First Trust Latin America AlphaDEX Fund
$26.30−0.41 (−1.53%)
- Expense ratio
- 0.80%
- Fund size
- $46M
- 1Y return
- +29.7%
- Yield · Last 12 months
- 3.31%
- Holdings
- 50
- Volume · 30D
- 0M sh
- NAV per share
- $26.52
- 52W range
The ETF.net FLN Grade
Score 25 of 100 sits in the D 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 14Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 46Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 29Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 39Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 29Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 34Category rank
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
- 50
- 35%
- UGPA3.SA
Sectors
- Financials24.3%
- Utilities16.0%
- Materials12.3%
- Industrials12.1%
- Energy10.4%
- Cons. Staples7.7%
- Consumer Discr.5.9%
- Communication5.8%
- Real Estate5.0%
- Health Care0.6%
Geography
- Brazil62.09%
- Mexico26.22%
- Chile5.85%
- Peru3.23%
- Colombia2.62%
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$12,972
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 | FLN |
|---|---|
| Year to date | +20.1% |
| 1 month | +5.2% |
| 3 months | +7.4% |
| 1 year | +29.7% |
| 3 years | +17.2% |
| 5 years | +13.1% |
| 10 years | +8.4% |
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 | +20.1% | |
| 2025 | +55.0% | |
| 2024 | −23.1% | |
| 2023 | +29.7% | |
| 2022 | +2.7% | |
| 2021 | −7.0% | |
| 2020 | −12.3% |
FLN in the news
FLN Dividends
- 3.31%
- $0.88
- $0.25 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.25 |
| Mar 26, 2026 | Mar 31, 2026 | $0.23 |
| Dec 12, 2025 | Dec 31, 2025 | $0.31 |
| Sep 25, 2025 | Sep 30, 2025 | $0.09 |
| Jun 26, 2025 | Jun 30, 2025 | $0.27 |
| Mar 27, 2025 | Mar 31, 2025 | $0.10 |
| Sep 26, 2024 | Sep 30, 2024 | $0.38 |
| Jun 27, 2024 | Jun 28, 2024 | $0.38 |
| Mar 21, 2024 | Mar 28, 2024 | $0.19 |
| Dec 22, 2023 | Dec 29, 2023 | $0.15 |
| Sep 22, 2023 | Sep 29, 2023 | $0.16 |
| Jun 27, 2023 | Jun 30, 2023 | $0.52 |
FLN Risk
- 19.6%
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.
- 0.55
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.