---
ticker: "FNK"
name: "First Trust Mid Cap Value AlphaDEX Fund"
url: "https://etf.net/etf/FNK"
grade: "C"
score: 44
graded_at: "2026-10-12"
category: "US Value Index"
category_rank: "33 of 40"
methodology: "https://etf.net/methodology"
---

# FNK: First Trust Mid Cap Value AlphaDEX Fund

Grade **C**, Score 44 of 100. Rank 33 of 40 in US Value Index.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 3 | 39 of 40 |
| Mission | 94 | 8 of 37 |
| Risk | 24 | 31 of 39 |
| Tradability | 43 | 22 of 40 |
| Holdings | 73 | 11 of 40 |
| Durability | 54 | 21 of 40 |

## Top holdings

The fund holds 226 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | RDN | Radian Group Inc. | 0.81% |
| 2 | APA | APA Corporation | 0.80% |
| 3 | RRC | Range Resources Corporation | 0.80% |
| 4 | SM | SM Energy Company | 0.80% |
| 5 | PBF | PBF Energy Inc. | 0.80% |
| 6 | CNX | CNX Resources Corporation | 0.79% |
| 7 | INSW | International Seaways, Inc. | 0.79% |
| 8 | LYFT | Lyft, Inc. (Class A) | 0.79% |
| 9 | ESNT | Essent Group Ltd. | 0.79% |
| 10 | AR | Antero Resources Corporation | 0.78% |
| 11 | ACT | Enact Holdings, Inc. | 0.77% |
| 12 | MTG | MGIC Investment Corporation | 0.77% |
| 13 | ADT | ADT Inc. | 0.77% |
| 14 | CHRD | Chord Energy Corporation | 0.77% |
| 15 | MTDR | Matador Resources Company | 0.77% |
| 16 | MUR | Murphy Oil Corporation | 0.76% |
| 17 | RNR | RenaissanceRe Holdings Ltd. | 0.76% |
| 18 | MCY | Mercury General Corporation | 0.76% |
| 19 | NFG | National Fuel Gas Company | 0.75% |
| 20 | BYD | Boyd Gaming Corporation | 0.75% |
| 21 | SWX | Southwest Gas Holdings, Inc. | 0.75% |
| 22 | SR | Spire Inc. | 0.75% |
| 23 | CMC | Commercial Metals Company | 0.75% |
| 24 | AXS | Axis Capital Holdings Limited | 0.75% |
| 25 | WTM | White Mountains Insurance Group Ltd. | 0.75% |
| 26 | MGY | Magnolia Oil & Gas Corporation (Class A) | 0.75% |
| 27 | SIRI | Sirius XM Holdings Inc. | 0.75% |
| 28 | UHS | Universal Health Services, Inc. (Class B) | 0.74% |
| 29 | GAP | The Gap, Inc. | 0.74% |
| 30 | EG | Everest Group, Ltd. | 0.73% |

Source: etf.net, https://etf.net/etf/FNK. Please cite the page URL.