FNX
First Trust Mid Cap Core AlphaDEX Fund
First Trust Mid Cap Core AlphaDEX Fund is an closed-end Fund incorporated in the USA. The Fund seeks investment results that correspond to the Defined Mid Cap Core Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.4 B
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | May 08, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| EPAM SYSTEMS INC | 0.5 % |
| LITHIA MOTORS INC-CL A | 0.5 % |
| HF SINCLAIR CORPORATION | 0.5 % |
| GENPACT LTD | 0.5 % |
| SM ENERGY CO | 0.5 % |
| OVINTIV INC | 0.4 % |
| ADT, INC. | 0.4 % |
| PERMIAN RESOURCES CORPORATION CLASS A | 0.4 % |
| CF INDUSTRIES HOLDINGS INC | 0.4 % |
| ASBURY AUTOMOTIVE GROUP | 0.4 % |
Constituent Breakdown
| Number of holdings | 451 |
| Herfindahl-Hirschman Index | 27 |
| Wgt avg mkt cap (mns) | $8,361 |
| Large cap (>$10bn) | 30.0% |
| Mid cap ($2-10bn) | 68.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.4 % |
 |
BERMUDA | 1.9 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 13.7% | 22.4% | 11.0% | 12.4% | 7.6% | 10.5% | -- | 8.5% |
| Dividend Yield | 0.5% | 1.1% | 1.2% | 1.2% | 1.3% | 1.2% | -- | 1.0% |
| Total Returns | 14.2% | 23.4% | 12.1% | 13.6% | 8.9% | 11.7% | -- | 9.5% | Ann. Volatility | 16.0% | 16.2% | 19.4% | 18.7% | 20.4% | 21.9% | -- | 22.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 60% |
| MSCI EAFE | 0.75 | 53% |
| MSCI Emg Mkts | 0.41 | 38% |
Liquidity Measures
| Avg. volume (000) | 13 |
| ADV traded (mns) | $2 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $142.94 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.34/0.43 |
| Bollinger Bands (Upper/Lower) | $144.78/$141.61 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FNX |
Expenses vs. FNX |
ALTAR Score™ vs. FNX |
|---|---|---|---|---|
| FNK | First Trust Mid Cap Value AlphaDEX Fund | 58.4% | +10 bp | +3.1% |
| EZM | WisdomTree U.S. MidCap Fund | 52.7% | -22 bp | +1.9% |
| ISCB | iShares Morningstar Small-Cap ETF | 43.4% | -56 bp | -1.0% |
| JHSC | John Hancock Multifactor Small Cap ETF | 41.7% | -18 bp | -0.3% |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | 40.6% | -43 bp | -1.4% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 40.5% | -37 bp | -0.2% |
| ISCV | iShares Morningstar Small Cap Value ETF | 40.2% | -54 bp | +1.1% |
| IJH | iShares Core S&P Mid-Cap ETF | 40.0% | -55 bp | 0.0% |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 40.0% | -57 bp | +0.0% |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 39.9% | -53 bp | -1.0% |
Risk and Returns: FNX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/9/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.6%
ALTAR SCORE™
76th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. FNX's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places FNX in the 76th percentile
among funds in the category.
Sell-Side Consensus
$159.37
PRICE TARGET
+8.6%
UPSIDE