FTC vs VONV: Grades, Fees and Holdings Compared

First Trust Large Cap Growth AlphaDEX Fund

FTCCNasdaq

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

20.4%by weight

Expense ratio

VONV −0.52pt a year

FTC0.58%VONV0.06%

Avg volume · 30D

VONV 50.8×the volume

FTC15.3KVONV776K

10Y return · a year

FTC +1.8pt

FTC+13.7%VONV+11.9%

FTC vs VONV Performance

Nov 9, 2021 – Nov 9, 2026

+40.1%FTC+73.9%VONV

Expense ratio: FTC 0.58%; VONV 0.06%, better
Fund size: FTC $1.22B; VONV $21.7B
1Y total return: FTC +5.4%; VONV +30.6%, better
Yield (12M): FTC 0.12%; VONV 1.51%, better
Holdings: FTC 188; VONV 887
Avg volume (30D): FTC 15.3K sh; VONV 776K sh, better
NAV per share: FTC $161.98; VONV $112.88
52W range

ETF.net Grade

Pillar letters and Scores for FTC, VONV, with each pillar’s weight
Pillar	FTC	VONV
Cost30% weight	F19	A96Higher
Mission25% weight	B62	A100Higher
Risk15% weight	F18	A89Higher
Tradability15% weight	B64Higher	B59
Holdings10% weight	A72Higher	C49
Durability5% weight	A76	A92Higher

Rank among US Multifactor funds

How we build Categories ›

Same Category. FTC and VONV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

VONV ranks 1st and FTC 75th of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 73CCAFGPacer US Small Cap Cash Cows Growth Leaders ETFScore 45
Rank 75CFTCFirst Trust Large Cap Growth AlphaDEX FundScore 44
Rank 75CLSAFLeaderSharesTM AlphaFactor US Core Equity ETFScore 44

Our read on each fund

ETF.net Research

FTCCFirst Trust Large Cap Growth AlphaDEX Fund

VONVAVanguard Russell 1000 Value ETF

In short

FTC A 2007-vintage smart-beta original. Instead of ranking large-cap growth names by size, FTC scores the field on growth and value metrics and holds only the roughly 190 stocks its AlphaDEX screen likes best.

VONV The plain-vanilla value trade, done cheap: about 900 large US value stocks, full replication of the Russell 1000 Value Index, 0.06% a year. No factor cocktail, no premium price tag, and one of the strongest implementations in its factor peer group.

Stated mandate

FTC The fund seeks investment results that generally correspond to the price and yield of the Nasdaq AlphaDEX Large Cap Growth Index, before fees and expenses.

VONV The fund seeks to track the Russell 1000 Value Index, representing large-capitalization value stocks in the United States. It uses passive indexing and full replication to remain closely aligned with that benchmark.

Why people hold it

FTC Rules-based, not cap-weighted: the AlphaDEX screen ranks large caps on both growth and value measures, so position sizes come from the scoring model rather than from a company's market value.ftportfolios.com
Launched in 2007, making it one of the elder statesmen of factor investing, with a live record across multiple full market cycles rather than a backtest.
Roughly 190 holdings, a far wider net than the concentrated megacap-heavy growth funds it sits beside. It is a multi-billion-dollar fund and pays quarterly.

VONV 0.06% a year, a fraction of the typical fee among factor ETFs. On a rules-based value index there is little room for cleverness, so cost does most of the work.vanguard.com
Full replication, not sampling: it owns the index's roughly 900 names and has stayed tightly aligned with the Russell 1000 Value benchmark since launching in 2010.
Same Russell benchmark as pricier rivals for less: the Goldman MarketBeta version (GVUS) charges 0.12% to track the identical value index.
A multi-billion-dollar fund that trades actively, among the easiest in its group to get in and out of, and it distributes quarterly.

Worth knowing

FTC At 0.58%, the fee runs well above the multifactor peer median of 0.32%, and above rules-based rivals like FNDX (0.25%) and IUSG (0.04%). The screen has to earn that gap.
Thinly traded compared with its category, so spreads can widen. Limit orders and avoiding the opening and closing bells matter more here than with the mega-liquid names.
The blended growth-and-value screen means the portfolio can look and behave quite differently from a plain large-cap growth benchmark in any given stretch.

VONV One screen, one style. Value only, with no quality or momentum overlay, so the ride follows the value side of the market wherever it goes.vanguard.com
This is the entire value bucket, not a best-ideas portfolio. About 900 holdings means results hug the large-cap value category rather than stray from it.
Cheaper exists nearby: Vanguard's VYM charges 0.04%, but it screens for dividend yield, a different portfolio than a Russell value index.

Full FTC profile⁠

Full VONV profile⁠

FTC vs VONV Holdings

How FTC and VONV differ

Overlap by weight

20.4%

Shared holdings make up 62.4% of FTC and 41.3% of VONV.

Level by level

Holdings110 in both20.4%
Sector11 Sectors73.0%
Countryby domicile98.8%
Asset classStocks100%

Sector

Sector weights in FTC and VONV, widest gap first
Sector	Gap	FTC	VONV
Technology	FTC +13.6 points	35.5%	21.9%
Financials	VONV +9.8 points	8.1%	17.9%
Industrials	FTC +8.6 points	18.1%	9.5%
Energy	VONV +5.6 points	0.6%	6.2%
Consumer Staples	VONV +5.4 points	1.8%	7.2%
Health Care	FTC +3.7 points	17.1%	13.4%
Utilities	VONV +3.4 points	0.0%	3.4%
Real Estate	VONV +1.6 points	1.9%	3.5%
Communication	VONV +1.2 points	2.2%	3.4%
Materials	FTC +0.8 points	4.1%	3.3%
Consumer Discretionary	FTC +0.2 points	10.6%	10.4%

Country, concentration and asset class

Country by domicile

Country weights in FTC and VONV, widest gap first
Country	Gap	FTC	VONV
United States	VONV +1.2 points	98.8%	100.0%
Switzerland	FTC +0.8 points	0.8%	0.0%
United Kingdom	FTC +0.4 points	0.4%	0.0%

Concentration

Weight in the 10 largest Holdings

FTC10.4%
VONV29.8%

Securities held

FTC187
VONV883

Asset class

FTC: Stocks
VONV: Stocks

Holdings

Only in FTC77
In both110
Only in VONV773

Only in FTC

77 securities, 37.5% of FTC by weight

Medpace Holdings, Inc.1.03%
Expedia Group, Inc.0.97%
Toast, Inc. (Class A)0.94%
Airbnb, Inc. (Class A)0.93%
Eli Lilly and Company0.92%
DexCom, Inc.0.91%
Amphenol Corporation0.87%
Quanta Services, Inc.0.83%
Arista Networks, Inc.0.83%
CrowdStrike Holdings, Inc. (Class A)0.81%
NVIDIA Corporation0.81%
Snowflake Inc. (Class A)0.80%
Cloudflare, Inc. (Class A)0.76%
Natera, Inc.0.74%
ATI Inc.0.73%
Advanced Micro Devices, Inc.0.72%
Monolithic Power Systems, Inc.0.70%
Carvana Co. (Class A)0.68%
Palantir Technologies Inc. (Class A)0.68%
Ares Management Corporation (Class A)0.67%
Fortinet, Inc.0.66%
Datadog, Inc. (Class A)0.65%
Micron Technology, Inc.0.64%
Bloom Energy Corporation (Class A)0.62%
Comfort Systems USA, Inc.0.61%
Live Nation Entertainment, Inc.0.60%
Zscaler, Inc.0.57%
Texas Instruments Incorporated0.57%
Targa Resources Corp.0.56%
DoorDash, Inc. (Class A)0.56%
Sitime Corporation0.50%
Seagate Technology Holdings Plc0.49%
Lattice Semiconductor Corporation0.48%
Jabil Inc.0.48%
Alphabet Inc. (Class A)0.48%
Sandisk Corporation0.47%
Mastercard Incorporated0.47%
EMCOR Group, Inc.0.47%
Visa Inc. (Class A)0.46%
Hilton Worldwide Holdings Inc.0.46%
Palo Alto Networks, Inc.0.46%
Cintas Corporation0.45%
ServiceNow, Inc.0.44%
Lumentum Holdings Inc.0.44%
Teradyne, Inc.0.43%
MACOM Technology Solutions Holdings, Inc.0.43%
Chipotle Mexican Grill, Inc.0.43%
Astera Labs, Inc.0.42%
Marvell Technology, Inc.0.42%
GE Aerospace0.41%

Only in VONV

773 securities, 58.5% of VONV by weight

Berkshire Hathaway Inc2.55%
JPMorgan Chase & Co2.43%
ExxonMobil Holdings Corp1.84%
Walmart Inc1.14%
Chevron Corp1.04%
Procter & Gamble Co/The0.93%
UnitedHealth Group Inc0.91%
Bank of America Corp0.90%
Thermo Fisher Scientific Inc0.69%
Wells Fargo & Co0.67%
Costco Wholesale Corp0.62%
Linde PLC0.60%
International Business Machines Corp0.57%
Verizon Communications Inc0.53%
Salesforce Inc0.50%
Walt Disney Co/The0.50%
Citigroup Inc0.50%
Abbott Laboratories0.47%
Deere & Co0.46%
McDonald's Corp0.45%
AT&T Inc0.45%
Pfizer Inc0.45%
Blackrock Inc0.44%
NextEra Energy Inc0.43%
ConocoPhillips0.42%
PepsiCo Inc0.42%
Charles Schwab Corp/The0.41%
Danaher Corp0.38%
Bristol-Myers Squibb Co0.35%
Prologis Inc0.34%
Progressive Corp/The0.33%
Capital One Financial Corp0.32%
Chubb Ltd0.31%
Altria Group Inc0.31%
Accenture PLC0.31%
Medtronic PLC0.30%
CVS Health Corp0.30%
Lowe's Cos Inc0.28%
Valero Energy Corp0.27%
Phillips 660.26%
Southern Co/The0.26%
Stryker Corp0.26%
CME Group Inc0.26%
Bank of New York Mellon Corp/The0.25%
US Bancorp0.25%
PNC Financial Services Group Inc/The0.24%
Duke Energy Corp0.24%
Intercontinental Exchange Inc0.23%
General Dynamics Corp0.23%
Williams Cos Inc/The0.23%

Weight gaps

The 100 widest of 110 Holdings in both funds.

Holding weights in FTC and VONV, widest gap first
Holding	Gap	FTC	VONV
Amazon.com, Inc.AMZN	VONV +5.26 points	0.82%	6.08%
Apple Inc.AAPL	VONV +5.25 points	0.81%	6.06%
Microsoft CorporationMSFT	VONV +4.63 points	0.60%	5.23%
Johnson & JohnsonJNJ	VONV +1.34 points	0.41%	1.75%
Intel CorporationINTC	VONV +1.33 points	0.18%	1.51%
SharkNinja Inc.SN	FTC +1.18 points	1.22%	0.04%
Corpay, Inc.CPAY	FTC +1.12 points	1.16%	0.04%
Ross Stores, Inc.ROST	FTC +0.95 points	0.98%	0.03%
Expeditors International of Washington, Inc.EXPD	FTC +0.92 points	0.99%	0.07%
Incyte CorporationINCY	FTC +0.91 points	0.97%	0.06%
Workday, Inc. (Class A)WDAY	FTC +0.90 points	1.00%	0.10%
Agilent Technologies, Inc.A	FTC +0.87 points	1.00%	0.13%
Moderna, Inc.MRNA	FTC +0.85 points	1.04%	0.19%
Wabtec CorporationWAB	FTC +0.84 points	0.97%	0.13%
Guardant Health, Inc.GH	FTC +0.82 points	0.83%	<0.01%
eBay Inc.EBAY	FTC +0.82 points	0.91%	0.09%
West Pharmaceutical Services, Inc.WST	FTC +0.78 points	0.85%	0.07%
Jazz Pharmaceuticals PlcJAZZ	FTC +0.76 points	0.80%	0.04%
IDEX CorporationIEX	FTC +0.74 points	0.79%	0.05%
AbbVie Inc.ABBV	VONV +0.73 points	0.44%	1.17%
Northern Trust CorporationNTRS	FTC +0.73 points	0.81%	0.08%
Veeva Systems Inc. (Class A)VEEV	FTC +0.72 points	0.84%	0.12%
International Flavors & Fragrances Inc.IFF	FTC +0.72 points	0.78%	0.06%
NetApp, Inc.NTAP	FTC +0.72 points	0.79%	0.07%
Everpure, Inc. (Class A)P	FTC +0.71 points	0.73%	0.02%
MongoDB, Inc.MDB	FTC +0.70 points	0.71%	<0.01%
Okta, Inc.OKTA	FTC +0.71 points	0.80%	0.09%
Newmont CorporationNEM	FTC +0.70 points	1.03%	0.33%
Nordson CorporationNDSN	FTC +0.70 points	0.75%	0.05%
Unity Software Inc.U	FTC +0.69 points	0.73%	0.04%
Amgen Inc.AMGN	FTC +0.68 points	0.86%	0.18%
Keysight Technologies, Inc.KEYS	FTC +0.67 points	0.74%	0.07%
Garmin Ltd.GRMN	FTC +0.66 points	0.79%	0.13%
Illumina, Inc.ILMN	FTC +0.66 points	0.77%	0.11%
W.W. Grainger, Inc.GWW	FTC +0.65 points	0.67%	0.02%
Interactive Brokers Group, Inc. (Class A)IBKR	FTC +0.64 points	0.70%	0.06%
Marriott International, Inc.MAR	FTC +0.63 points	0.68%	0.05%
Nutanix, Inc. (Class A)NTNX	FTC +0.60 points	0.65%	0.05%
Royal Gold, Inc.RGLD	FTC +0.60 points	0.65%	0.05%
Twilio Inc. (Class A)TWLO	FTC +0.58 points	0.68%	0.10%
Williams-Sonoma, Inc.WSM	FTC +0.58 points	0.64%	0.06%
Mettler-Toledo International Inc.MTD	FTC +0.58 points	0.66%	0.08%
ITT Inc.ITT	FTC +0.54 points	0.59%	0.05%
Johnson Controls International PlcJCI	FTC +0.49 points	0.72%	0.23%
F5, Inc.FFIV	FTC +0.48 points	0.55%	0.07%
Cisco Systems, Inc.CSCO	VONV +0.48 points	0.69%	1.17%
United Rentals, Inc.URI	FTC +0.48 points	0.61%	0.13%
KKR & Co. Inc. (Class A)KKR	FTC +0.48 points	0.61%	0.13%
Rockwell Automation, Inc.ROK	FTC +0.48 points	0.50%	0.02%
Hewlett Packard Enterprise CompanyHPE	FTC +0.46 points	0.69%	0.23%
Coeur Mining, Inc.CDE	FTC +0.46 points	0.51%	0.05%
Cboe Global Markets, Inc.CBOE	FTC +0.43 points	0.51%	0.08%
Philip Morris International Inc.PM	VONV +0.41 points	0.41%	0.82%
Cardinal Health, Inc.CAH	FTC +0.40 points	0.48%	0.08%
Liberty Media Corporation (Class C)FWONK	FTC +0.39 points	0.45%	0.06%
Freeport-McMoRan Inc.FCX	FTC +0.40 points	0.67%	0.27%
Fastenal CompanyFAST	FTC +0.39 points	0.42%	0.03%
Welltower Inc.WELL	FTC +0.38 points	0.84%	0.46%
AMETEK, Inc.AME	FTC +0.37 points	0.53%	0.16%
The Coca-Cola CompanyKO	VONV +0.37 points	0.44%	0.81%
Robinhood Markets, Inc. (Class A)HOOD	FTC +0.37 points	0.41%	0.04%
MKS, Inc.MKSI	FTC +0.38 points	0.42%	0.04%
Roivant Sciences Ltd.ROIV	FTC +0.37 points	0.42%	0.05%
Emerson Electric Co.EMR	FTC +0.36 points	0.60%	0.24%
Nasdaq, Inc.NDAQ	FTC +0.35 points	0.46%	0.11%
Monster Beverage CorporationMNST	FTC +0.34 points	0.43%	0.09%
J.B. Hunt Transport Services, Inc.JBHT	FTC +0.33 points	0.38%	0.05%
Edwards Lifesciences CorporationEW	FTC +0.33 points	0.47%	0.14%
Motorola Solutions, Inc.MSI	FTC +0.33 points	0.46%	0.13%
Zoom Communications, Inc. (Class A)ZM	FTC +0.32 points	0.39%	0.07%
Iron Mountain IncorporatedIRM	FTC +0.29 points	0.38%	0.09%
RTX CorporationRTX	VONV +0.29 points	0.40%	0.69%
Entegris, Inc.ENTG	FTC +0.27 points	0.33%	0.06%
Coherent Corp.COHR	FTC +0.27 points	0.39%	0.12%
3M CompanyMMM	FTC +0.25 points	0.45%	0.20%
Eaton Corporation PlcETN	FTC +0.24 points	0.63%	0.39%
Vertex Pharmaceuticals IncorporatedVRTX	FTC +0.24 points	0.60%	0.36%
The Boeing CompanyBA	FTC +0.23 points	0.37%	0.14%
Analog Devices, Inc.ADI	FTC +0.23 points	0.72%	0.49%
Dell Technologies Inc. (Class C)DELL	FTC +0.21 points	0.60%	0.39%
Casey's General Stores, Inc.CASY	FTC +0.21 points	0.22%	<0.01%
Union Pacific CorporationUNP	VONV +0.21 points	0.20%	0.41%
Merck & Co., Inc.MRK	VONV +0.19 points	0.80%	0.99%
Morgan StanleyMS	FTC +0.18 points	0.76%	0.58%
CSX CorporationCSX	FTC +0.18 points	0.42%	0.24%
Church & Dwight Co., Inc.CHD	FTC +0.16 points	0.22%	0.06%
SoFi Technologies, Inc.SOFI	FTC +0.16 points	0.20%	0.04%
VeriSign, Inc.VRSN	FTC +0.15 points	0.21%	0.06%
United Therapeutics CorporationUTHR	FTC +0.14 points	0.20%	0.06%
Gilead Sciences, Inc.GILD	FTC +0.14 points	0.65%	0.51%
Meta Platforms, Inc. (Class A)META	VONV +0.14 points	0.66%	0.80%
MSCI Inc.MSCI	FTC +0.13 points	0.23%	0.10%
Circle Internet Group, Inc. (Class A)CRCL	FTC +0.12 points	0.16%	0.04%
The Goldman Sachs Group, Inc.GS	VONV +0.12 points	0.55%	0.67%
Hubbell IncorporatedHUBB	FTC +0.11 points	0.18%	0.07%
Moody's CorporationMCO	FTC +0.11 points	0.21%	0.10%
Colgate-Palmolive CompanyCL	FTC +0.11 points	0.22%	0.11%
American Express CompanyAXP	FTC +0.11 points	0.42%	0.31%
IonQ, Inc.IONQ	FTC +0.10 points	0.14%	0.04%
S&P Global Inc.SPGI	VONV +0.09 points	0.23%	0.32%

All 187 FTC holdings⁠All 870 VONV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTC vs VONV Cost

Overpaying FTC vs VONV

$10,183

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FTC 0.58%
$11,453
VONV 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

FTC 0.58%
VONV 0.06%
Overpaying

Year by year

Year	FTC	VONV	Overpaying
10	$1,041	$110	$931
20	$3,986	$432	$3,554
30	$11,453	$1,270	$10,183

Expense ratio

0.58%FTC
0.06%VONV, cheaper

VONV0.06%FTC0.58%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

VONV 4th cheapest of 99 funds

FTC 79th cheapest of 99 funds

FTC vs VONV Dividends

Last 12 months to Nov 9, 2026

Yield (12M): FTC 0.12%; VONV 1.51%, better
Payout (12M): FTC $0.20; VONV $1.74
Last payment: FTC $0.07; VONV $0.42
Ex-dividend: FTC Sep 24, 2026; VONV Sep 23, 2026
Paid on: FTC Sep 30, 2026; VONV Sep 25, 2026
Frequency: FTC Quarterly; VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FTCQuarterly · 34 paymentsAll FTC payments⁠

VONVQuarterly · 39 paymentsAll VONV payments⁠

FTC vs VONV Risk

Fall from peak · 5 years

FTC
VONV

Risk facts

VolatilityStd dev, 3 years: FTC 17.6%VONV 12.1%, better
Return per unit of riskSharpe ratio, 3 years: FTC 0.99VONV 1.43, better
Worst fallMax drawdown, 5 years: FTC −31.2%VONV −18.9%, better
Market sensitivityBeta, 5 years: FTC 1.14VONV 0.85; Market = 1

FTC and VONV in the news

All news⁠

Best ETFs
Best large-cap value ETFs: Vanguard’s VTV at 0.03%, or VONV for the Russell 1000 Value
Updated Nov 3, 2026VONV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026VONV
Category Review
US multifactor funds ran 30 points apart
Updated Oct 23, 2026VONV

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FTC vs VONV

In short

Stated mandate

Why people hold it

Worth knowing

How FTC and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FTC

Only in VONV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best large-cap value ETFs: Vanguard’s VTV at 0.03%, or VONV for the Russell 1000 Value

The best value ETF depends on whose list you bought

US multifactor funds ran 30 points apart

How FTC and VONV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FTC

Only in VONV

Weight gaps