First Trust Switzerland AlphaDEX Fund
$79.61−0.76 (−0.95%)
- Expense ratio
- 0.80%
- Fund size
- $36M
- 1Y return
- +5.6%
- Yield · Last 12 months
- 2.04%
- Holdings
- 40
- Volume · 30D
- 0M sh
- NAV per share
- $79.29
- 52W range
The ETF.net FSZ Grade
Score 42 of 100 sits in the C 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 4Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 65Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category 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.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 48Category rank
Our read on FSZ
CA Switzerland fund that doesn't just mirror the Swiss market. FSZ runs Swiss stocks through First Trust's AlphaDEX growth-and-value rules and lands on about 40 names, so the screen shapes results as much as the country does.
The fund seeks to track, before fees and expenses, the price and yield of the Nasdaq AlphaDEX® SwitzerlandTM Index. That index selects and weights Swiss securities from the Nasdaq SwitzerlandTM Index using AlphaDEX criteria.
Why people hold it
- AlphaDEX selects and weights Swiss stocks on growth and value rules, ending at about 40 names rather than a cap-weighted copy of the market.ftportfolios.com
- Live since 2012, so the screen has a long public record across real market cycles instead of a backtest.
- Plain mandate, no moving parts: one country, one published index, quarterly distributions, standard 1940 Act fund wrapper.
Worth knowing
- At 0.80% a year, this sits at the expensive end of single-country developed funds; cohort peers such as FLKR and FLAU charge a small fraction of that.
- A small asset base and thin trading mean spreads can be wide, so order size and timing matter more here than in a mainstream country fund.
- About 40 screened names can drift a long way from the broad Swiss market, in either direction.
FSZ Holdings
- Stocks
- 40
- 41%
- SUN.SW
Sectors
- Industrials27.7%
- Financials20.6%
- Health Care19.3%
- Consumer Discr.7.7%
- Technology6.8%
- Cons. Staples4.9%
- Utilities3.9%
- Real Estate3.4%
- Communication3.4%
- Materials2.1%
Geography
- Switzerland98.11%
- United States1.89%
Developed 100% · Emerging 0%
FSZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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 | FSZ |
|---|---|
| Year to date | +2.0% |
| 1 month | −2.8% |
| 3 months | −0.5% |
| 1 year | +5.6% |
| 3 years | +13.2% |
| 5 years | +5.6% |
| 10 years | +9.1% |
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 | FSZ |
|---|---|---|
| 2026 YTD | +2.0% | |
| 2025 | +30.1% | |
| 2024 | −1.9% | |
| 2023 | +21.3% | |
| 2022 | −20.2% | |
| 2021 | +20.2% | |
| 2020 | +13.8% |
FSZ in the news
ETF.net Research hasn’t filed on FSZ yet — coverage lands here as it’s written.
FSZ Dividends
- 2.04%
- $1.64
- $0.81 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.81 |
| Mar 26, 2026 | Mar 31, 2026 | $0.54 |
| Dec 12, 2025 | Dec 31, 2025 | $0.28 |
| Jun 26, 2025 | Jun 30, 2025 | $1.11 |
| Mar 27, 2025 | Mar 31, 2025 | $0.04 |
| Dec 13, 2024 | Dec 31, 2024 | $0.13 |
| Jun 27, 2024 | Jun 28, 2024 | $1.00 |
| Jun 27, 2023 | Jun 30, 2023 | $1.28 |
| Mar 24, 2023 | Mar 31, 2023 | $0.09 |
| Dec 23, 2022 | Dec 30, 2022 | $0.09 |
| Sep 23, 2022 | Sep 30, 2022 | $0.51 |
| Jun 24, 2022 | Jun 30, 2022 | $1.32 |
FSZ Risk
- 14.3%
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.
- 0.54
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.
- −34.0%
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.
- 0.79
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FSZ Cost
- The middle half of Developed Single Country funds
- Median 0.50%
36 of the 38 Developed Single Country funds charge less.