First Trust Switzerland AlphaDEX Fund
$79.01+0.73 (+0.93%)
- 0.80%
- $35M
- +4.4%
- 2.09%
- 0M sh
- $78.38
- low $75.27high $86.44
The ETF.net FSZ Grade
C
Score 43 out of 100
- 27 of 38
Score 43 of 100 falls in the C 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.F4 out of 100Rank 36 of 38Mission
Whether the fund did what it promised, tested against its stated mandate.B67 out of 100Rank 15 of 35Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 11 of 37Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C41 out of 100Rank 25 of 38Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A81 out of 100Rank 2 of 36Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 26 of 38
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
- 41
- 41%
- SUN.SW
Sectors
- Industrials28.2%
- Financials19.9%
- Health Care19.5%
- Technology7.6%
- Consumer Discretionary7.2%
- Consumer Staples5.0%
- Utilities3.7%
- Communication3.6%
- Real Estate3.5%
- Materials1.8%
Geography
- Switzerland98.17%
- United States1.83%
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.
FSZ$10,436
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 | FSZ |
|---|---|
| Year to date | −0.7% |
| 1 month | −1.1% |
| 3 months | −5.1% |
| 1 year | +4.4% |
| 3 years | +12.8% |
| 5 years | +5.7% |
| 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 | −0.7% | |
| 2025 | +30.1% | |
| 2024 | −1.9% | |
| 2023 | +21.3% | |
| 2022 | −20.2% | |
| 2021 | +20.2% | |
| 2020 | +13.8% |
FSZ in the news
FSZ Dividends
- 2.09%
- $1.64
- $0.81 per share
- Quarterly
Distribution history
FSZ Risk
- 14.0%
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.
- 0.60
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.
- 0.77
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
0.80%
FSZ0.80%
- The middle half of Developed Single Country funds
- Median 0.50%
36 of the 38 Developed Single Country funds charge less.
Other funds in Developed Single Country
- CEWUSiShares MSCI United Kingdom Small-Cap ETFExpense ratio 0.59%1 year return +10.2%
- CEISiShares MSCI Israel ETFExpense ratio 0.59%1 year return +19.4%
- CIZRLARK Israel Innovative Technology ETFExpense ratio 0.49%1 year return −0.5%
- CNORWGlobal X - MSCI Norway ETFExpense ratio 0.50%1 year return +32.5%
- CEWYiShares MSCI South Korea ETFExpense ratio 0.59%1 year return +115.5%