FXR vs VIS: Grades, Fees and Holdings Compared

First Trust Industrials/Producer Durables AlphaDEX Fund

FXRDNYSE Arca

Vanguard Industrials ETF

VISBNYSE Arca

Overlap

28.0%by weight

Expense ratio

VIS −0.51pt a year

FXR0.60%VIS0.09%

Avg volume · 30D

VIS 4.8×the volume

FXR27.4KVIS131K

10Y return · a year

VIS +0.6pt

FXR+12.2%VIS+12.8%

FXR vs VIS Performance

Nov 9, 2021 – Nov 9, 2026

+48.6%FXR+67.2%VIS

Expense ratio: FXR 0.60%; VIS 0.09%, better
Fund size: FXR $707M; VIS $8B
1Y total return: FXR +17.0%, better; VIS +10.9%
Yield (12M): FXR 0.74%; VIS 0.94%, better
Holdings: FXR 160; VIS 401
Avg volume (30D): FXR 27.4K sh; VIS 131K sh, better
NAV per share: FXR $86.69; VIS $312.53
52W range

ETF.net Grade

Pillar letters and Scores for FXR, VIS, with each pillar’s weight
Pillar	FXR	VIS
Cost30% weight	F11	A72Higher
Mission25% weight	B62	Not scored
Risk15% weight	C44	C48Higher
Tradability15% weight	D26	C53Higher
Holdings10% weight	A84Higher	B58
Durability5% weight	C42	A81Higher

Rank among Industrials (Broad) funds

How we build Categories ›

Same Category. FXR and VIS are both graded against the same 10 Industrials (Broad) funds, so their Grades compare head to head.

Industrials (Broad)⁠

Category · 10 funds

See all 10 ›

VIS ranks 3rd and FXR 9th of 10 funds in the Industrials (Broad) Category.

Rank 1AXLIState Street Industrial Select Sector SPDR ETFScore 80
Rank 2AFIDUFidelity MSCI Industrials Index ETFScore 69
Rank 3BVISVanguard Industrials ETFScore 61
Rank 4CIYJiShares U.S. Industrials ETFScore 53
Rank 8CTRUIVanEck Industrials TruSector ETFScore 40
Rank 9DFXRFirst Trust Industrials/Producer Durables AlphaDEX FundScore 32
Rank 10FPRNInvesco Dorsey Wright Industrials Momentum ETFScore 25

Our read on each fund

ETF.net Research

FXRDFirst Trust Industrials/Producer Durables AlphaDEX Fund

VISBVanguard Industrials ETF

In short

FXR Industrials, but not by size. FXR ranks US industrial names on growth and value metrics, drops the weakest, then weights the survivors in tiers. A 2007-vintage smart-beta spin on planes, trains and machinery.

VIS Industrials, the whole aisle: jet engines and railroads down to small-cap machinery shops, roughly 400 names for 0.09% a year. Vanguard has run it as a straight index fund since 2004.

Stated mandate

FXR The Fund seeks investment results that generally correspond to the price and yield, before fees and expenses, of the StrataQuant® Industrials Index.

VIS The fund seeks to track the MSCI US Investable Market Industrials 25/50 Index and invests in multicapitalization equities focused on the industrials sector.

Why people hold it

FXR The AlphaDEX screen scores industrials on growth and value metrics, cuts the lowest-ranked names, and weights what's left by rank rather than market cap.ftportfolios.com firsttrust.ca
Roughly 140 holdings, sorted into tiers and equal-weighted inside each tier, so mid-cap machinery and transport names carry real weight instead of a handful of megacaps steering the fund.firsttrust.ca
Running since 2007, one of the original factor-screened sector funds, and it has stayed tight to its StrataQuant Industrials Index. Pays quarterly.

VIS 0.09% a year against a 0.38% median for broad industrials funds. Index-fund pricing for index-fund work.
About 400 holdings spanning large, mid and small US industrials, so defense primes and railroads sit next to smaller machinery and services names.vanguard.com
Pure index mandate: it follows the MSCI US Investable Market Industrials 25/50 Index and has tracked it very tightly, with no manager stock-picking layered on.
One of the strongest implementations in the broad US industrials group, a multi-billion-dollar fund trading since 2004 and paying quarterly.

Worth knowing

FXR The screen costs money: 0.60% a year, against 0.08% for XLI and 0.09% for VIS. That gap is the price of the ranking rules.
Thinly traded next to the sector's household-name ETFs, which can mean wider bid-ask spreads, especially around the open and close.
Tiered weighting tilts the portfolio smaller than the cap-weighted sector, so results and volatility can diverge from the industrials index most people quote.firsttrust.ca

VIS One sector, one cycle. Industrials ride capital spending and freight demand, so this tends to move as a block rather than smooth anything out.
The small- and mid-cap tail is part of the design, and it adds bumpiness a large-cap-only sector fund would not carry.vanguard.com
Not the price floor in the group: XLI and FIDU both list 0.08%. One basis point, but worth knowing.

Full FXR profile⁠

Full VIS profile⁠

FXR vs VIS Holdings

How FXR and VIS differ

Overlap by weight

28.0%

Shared holdings make up 65.1% of FXR and 63.2% of VIS.

Level by level

Holdings119 in both28.0%
Sector9 Sectors68.3%
Countryby domicile96.2%
Asset classStocks100%

Sector

Sector weights in FXR and VIS, widest gap first
Sector	Gap	FXR	VIS
Industrials	VIS +31.6 points	60.4%	92.0%
Consumer Discretionary	FXR +8.8 points	9.6%	0.8%
Technology	FXR +8.7 points	15.1%	6.4%
Financials	FXR +7.3 points	7.5%	0.2%
Materials	FXR +6.0 points	6.5%	0.5%
Health Care	FXR +0.9 points	0.9%	0.0%
Utilities	Same weight	0.0%	0.0%
Communication	Same weight	0.0%	0.0%
Consumer Staples	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in FXR and VIS, widest gap first
Country	Gap	FXR	VIS
United States	VIS +3.8 points	96.2%	100.0%
United Kingdom	FXR +1.7 points	1.7%	0.0%
India	FXR +1.3 points	1.3%	0.0%
Ireland	FXR +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

FXR13.0%
VIS30.8%

Securities held

FXR159
VIS399

Asset class

FXR: Stocks
VIS: Stocks

Holdings

Only in FXR40
In both119
Only in VIS280

Only in FXR

40 securities, 34.8% of FXR by weight

ADT Inc.1.64%
Fiserv, Inc.1.41%
Graphic Packaging Holding Company1.25%
Mohawk Industries, Inc.1.22%
Silgan Holdings Inc.1.20%
Corpay, Inc.1.18%
The Western Union Company1.18%
CRH Plc1.16%
PayPal Holdings, Inc.1.14%
Euronet Worldwide, Inc.1.14%
Accenture plc1.11%
Eagle Materials Inc.1.10%
Amcor plc1.08%
Sunbelt Rentals Holdings, Inc.1.06%
Vontier Corporation1.05%
Synchrony Financial1.05%
Sonoco Products Company1.04%
Jack Henry & Associates, Inc.0.95%
Global Payments Inc.0.93%
Ball Corporation0.92%
AptarGroup, Inc.0.92%
PPG Industries, Inc.0.92%
Fidelity National Information Services, Inc.0.88%
WEX Inc.0.85%
Capital One Financial Corporation0.82%
Smurfit Westrock Plc0.78%
Keysight Technologies, Inc.0.76%
Visa Inc. (Class A)0.69%
Crown Holdings, Inc.0.68%
RPM International Inc.0.62%
Affirm Holdings, Inc. (Class A)0.58%
Mastercard Incorporated0.46%
Vulcan Materials Company0.45%
Dow Inc.0.45%
Packaging Corporation of America0.43%
MKS, Inc.0.43%
Martin Marietta Materials, Inc.0.42%
Teledyne Technologies Incorporated0.40%
Shift4 Payments, Inc. (Class A)0.24%
American Express Company0.21%

Only in VIS

280 securities, 36.4% of VIS by weight

RTX Corp3.75%
Deere & Co2.45%
Uber Technologies Inc1.83%
Parker-Hannifin Corp1.81%
Howmet Aerospace Inc1.36%
Emerson Electric Co1.30%
Waste Management Inc1.23%
Illinois Tool Works Inc1.05%
TransDigm Group Inc0.91%
Fastenal Co0.85%
AMETEK Inc0.85%
Delta Air Lines Inc0.76%
Westinghouse Air Brake Technologies Corp0.73%
Republic Services Inc0.63%
Carrier Global Corp0.61%
United Airlines Holdings Inc0.54%
Waste Connections Inc0.53%
Axon Enterprise Inc0.48%
Copart Inc0.35%
Verisk Analytics Inc0.33%
TRS:UNION PACIFIC CORP USD 2027-Aug-310.32%
Curtiss-Wright Corp0.30%
Southwest Airlines Co0.29%
Carpenter Technology Corp0.28%
Broadridge Financial Solutions Inc0.28%
ITT Inc0.27%
WESCO International Inc0.26%
CH Robinson Worldwide Inc0.26%
Nordson Corp0.26%
HEICO Corp0.26%
FTAI Aviation Ltd0.25%
SS&C Technologies Holdings Inc0.24%
Jacobs Solutions Inc0.24%
Clean Harbors Inc0.23%
Leidos Holdings Inc0.22%
RBC Bearings Inc0.21%
CACI International Inc0.20%
API Group Corp0.20%
MasTec Inc0.20%
HEICO Corp0.20%
Mueller Industries Inc0.19%
BWX Technologies Inc0.19%
Generac Holdings Inc0.18%
Nextpower Inc0.17%
CNH Industrial NV0.17%
QXO Inc0.16%
Moog Inc0.16%
Crane Co0.15%
Owens Corning0.14%
American Airlines Group Inc0.13%

Weight gaps

The 100 widest of 119 Holdings in both funds.

Holding weights in FXR and VIS, widest gap first
Holding	Gap	FXR	VIS
Caterpillar Inc.CAT	VIS +5.20 points	0.40%	5.60%
GE AerospaceGE	VIS +4.66 points	0.20%	4.86%
GE Vernova Inc.GEV	VIS +3.51 points	0.32%	3.83%
The Boeing CompanyBA	VIS +1.91 points	0.18%	2.09%
Union Pacific CorporationUNP	VIS +1.89 points	0.21%	2.10%
Eaton Corporation PlcETN	VIS +1.88 points	0.62%	2.50%
Trane Technologies plcTT	VIS +1.33 points	0.17%	1.50%
Genpact LimitedG	FXR +1.23 points	1.31%	0.08%
Vertiv Holdings Co (Class A)VRT	VIS +1.17 points	0.15%	1.32%
Pentair plcPNR	FXR +1.17 points	1.30%	0.13%
TransUnionTRU	FXR +1.16 points	1.34%	0.18%
Lockheed Martin CorporationLMT	VIS +1.14 points	0.44%	1.58%
Amentum Holdings, Inc.AMTM	FXR +1.15 points	1.19%	0.04%
CSX CorporationCSX	VIS +1.09 points	0.21%	1.30%
Automatic Data Processing, Inc.ADP	VIS +1.09 points	0.46%	1.55%
Midera Food Processing Inc.MFP	FXR +1.03 points	1.05%	0.02%
Hayward Holdings, Inc.HAYW	FXR +1.00 points	1.04%	0.04%
The Middleby CorporationMIDD	FXR +0.97 points	1.03%	0.06%
Oshkosh CorporationOSK	FXR +0.93 points	1.05%	0.12%
Textron Inc.TXT	FXR +0.91 points	1.11%	0.20%
ExlService Holdings, Inc.EXLS	FXR +0.90 points	0.98%	0.08%
Allison Transmission Holdings, Inc.ALSN	FXR +0.90 points	1.04%	0.14%
Cummins Inc.CMI	VIS +0.90 points	0.17%	1.07%
Paylocity Holding CorporationPCTY	FXR +0.86 points	0.95%	0.09%
3M CompanyMMM	VIS +0.84 points	0.44%	1.28%
Booz Allen Hamilton Holding CorporationBAH	FXR +0.84 points	0.96%	0.12%
Norfolk Southern CorporationNSC	VIS +0.84 points	0.20%	1.04%
Stanley Black & Decker, Inc.SWK	FXR +0.81 points	1.02%	0.21%
A.O. Smith CorporationAOS	FXR +0.81 points	0.90%	0.09%
Simpson Manufacturing Co., Inc.SSD	FXR +0.79 points	0.90%	0.11%
FTI Consulting, Inc.FCN	FXR +0.79 points	0.85%	0.06%
Ryder System, Inc.R	FXR +0.79 points	0.92%	0.13%
General Dynamics CorporationGD	VIS +0.72 points	0.42%	1.14%
FedEx Freight Holding Company, Inc.FDXF	FXR +0.70 points	0.88%	0.18%
StandardAero, Inc.SARO	FXR +0.69 points	0.76%	0.07%
Huntington Ingalls Industries, Inc.HII	FXR +0.69 points	0.85%	0.16%
Acuity Inc.AYI	FXR +0.69 points	0.82%	0.13%
ESAB CorporationESAB	FXR +0.69 points	0.74%	0.05%
SiteOne Landscape Supply, Inc.SITE	FXR +0.67 points	0.73%	0.06%
AGCO CorporationAGCO	FXR +0.66 points	0.76%	0.10%
GXO Logistics, Inc.GXO	FXR +0.65 points	0.73%	0.08%
Johnson Controls International PlcJCI	VIS +0.65 points	0.71%	1.36%
Gates Industrial Corporation Ltd.GTES	FXR +0.62 points	0.72%	0.10%
Kirby CorporationKEX	FXR +0.61 points	0.72%	0.11%
Quanta Services, Inc.PWR	VIS +0.60 points	0.85%	1.45%
Equifax Inc.EFX	FXR +0.57 points	0.81%	0.24%
Builders FirstSource, Inc.BLDR	FXR +0.55 points	0.64%	0.09%
Cintas CorporationCTAS	VIS +0.54 points	0.45%	0.99%
Core & Main, Inc. (Class A)CNM	FXR +0.53 points	0.65%	0.12%
Snap-on IncorporatedSNA	FXR +0.51 points	0.79%	0.28%
PACCAR IncPCAR	VIS +0.51 points	0.36%	0.87%
Regal Rexnord CorpRRX	FXR +0.49 points	0.64%	0.15%
Bloom Energy Corporation (Class A)BE	VIS +0.49 points	0.63%	1.12%
Schneider National, Inc. (Class B)SNDR	FXR +0.49 points	0.51%	0.02%
Advanced Drainage Systems, Inc.WMS	FXR +0.45 points	0.58%	0.13%
Fortune Brands Innovations Inc.FBIN	FXR +0.43 points	0.49%	0.06%
Everus Construction Group, Inc.ECG	FXR +0.43 points	0.51%	0.08%
Trex Company, Inc.TREX	FXR +0.42 points	0.49%	0.07%
Rocket Lab CorporationRKLB	VIS +0.41 points	0.15%	0.56%
IES Holdings, Inc.IESC	FXR +0.41 points	0.50%	0.09%
Lincoln Electric Holdings, Inc.LECO	FXR +0.40 points	0.61%	0.21%
Lennox International Inc.LII	FXR +0.40 points	0.57%	0.17%
UL Solutions Inc. (Class A)ULS	FXR +0.40 points	0.47%	0.07%
Comfort Systems USA, Inc.FIX	VIS +0.39 points	0.48%	0.87%
Valmont Industries, Inc.VMI	FXR +0.38 points	0.51%	0.13%
United Parcel Service, Inc. (Class B)UPS	VIS +0.37 points	0.68%	1.05%
Tetra Tech, Inc.TTEK	FXR +0.36 points	0.48%	0.12%
Honeywell Aerospace Inc.HONA	VIS +0.35 points	0.39%	0.74%
Graco Inc.GGG	FXR +0.33 points	0.52%	0.19%
Dycom Industries, Inc.DY	FXR +0.33 points	0.45%	0.12%
United Rentals, Inc.URI	VIS +0.32 points	0.62%	0.94%
Armstrong World Industries, Inc.AWI	FXR +0.31 points	0.41%	0.10%
Old Dominion Freight Line, Inc.ODFL	VIS +0.30 points	0.19%	0.49%
nVent Electric plcNVT	FXR +0.28 points	0.67%	0.39%
MSA Safety IncorporatedMSA	FXR +0.27 points	0.37%	0.10%
Allegion Public Limited CompanyALLE	FXR +0.27 points	0.47%	0.20%
Masco CorporationMAS	FXR +0.28 points	0.48%	0.20%
Dover CorporationDOV	FXR +0.26 points	0.64%	0.38%
Carlisle Companies IncorporatedCSL	FXR +0.26 points	0.46%	0.20%
Saia, Inc.SAIA	FXR +0.26 points	0.39%	0.13%
Landstar System, Inc.LSTR	FXR +0.24 points	0.33%	0.09%
Paychex, Inc.PAYX	VIS +0.24 points	0.23%	0.47%
Ferguson Enterprises Inc.FERG	VIS +0.24 points	0.41%	0.65%
Fortive CorporationFTV	FXR +0.24 points	0.47%	0.23%
Donaldson Company, Inc.DCI	FXR +0.23 points	0.38%	0.15%
Ingersoll-Rand Inc.IR	VIS +0.22 points	0.22%	0.44%
Rockwell Automation, Inc.ROK	VIS +0.22 points	0.51%	0.73%
Knight-Swift Transportation Holdings Inc.KNX	FXR +0.21 points	0.36%	0.15%
Xylem Inc.XYL	FXR +0.21 points	0.57%	0.36%
SPX TechnologiesSPXC	FXR +0.21 points	0.33%	0.12%
Vicor CorporationVICR	FXR +0.19 points	0.30%	0.11%
DuPont de Nemours Inc.DD	FXR +0.18 points	0.44%	0.26%
Hubbell IncorporatedHUBB	VIS +0.17 points	0.19%	0.36%
WillScot Holdings Corp.WSC	FXR +0.17 points	0.21%	0.05%
ATI Inc.ATI	FXR +0.17 points	0.55%	0.38%
Expeditors International of Washington, Inc.EXPD	VIS +0.16 points	0.20%	0.36%
FedEx CorporationFDX	FXR +0.15 points	1.09%	0.94%
Leonardo DRS, Inc.DRS	FXR +0.14 points	0.18%	0.04%
W.W. Grainger, Inc.GWW	VIS +0.14 points	0.68%	0.82%
J.B. Hunt Transport Services, Inc.JBHT	FXR +0.13 points	0.38%	0.25%

All 159 FXR holdings⁠All 396 VIS 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.

FXR vs VIS Cost

Overpaying FXR vs VIS

$9,919

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

FXR 0.60%
$11,817
VIS 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

FXR 0.60%
VIS 0.09%
Overpaying

Year by year

Year	FXR	VIS	Overpaying
10	$1,076	$165	$911
20	$4,116	$646	$3,470
30	$11,817	$1,898	$9,919

Expense ratio

0.60%FXR
0.09%VIS, cheaper

VIS0.09%FXR0.60%

0.08%0.60%

Middle half of Industrials (Broad) funds
Median 0.33%

VIS 3rd cheapest of 10 funds

FXR 9th cheapest of 10 funds

FXR vs VIS Dividends

Last 12 months to Nov 9, 2026

Yield (12M): FXR 0.74%; VIS 0.94%, better
Payout (12M): FXR $0.66; VIS $3.06
Last payment: FXR $0.25; VIS $0.70
Ex-dividend: FXR Sep 24, 2026; VIS Sep 23, 2026
Paid on: FXR Sep 30, 2026; VIS Sep 25, 2026
Frequency: FXR Quarterly; VIS Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FXRQuarterly · 37 paymentsAll FXR payments⁠

VISQuarterly · 39 paymentsAll VIS payments⁠

FXR vs VIS Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: FXR 18.8%VIS 16.9%, better
Return per unit of riskSharpe ratio, 3 years: FXR 0.74VIS 0.96, better
Worst fallMax drawdown, 5 years: FXR −26.9%VIS −23.0%, better
Market sensitivityBeta, 5 years: FXR 1.08VIS 1.05; Market = 1

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