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CFAvsFEXETF Comparison

ETF 1
CFA

VictoryShares US 500 Volatility Wtd ETF

This fund is part of
US Low Volatility
-0.28%
VS
ETF 2
FEX

First Trust Large Cap Core AlphaDEX Fund ETF

This fund is part of
US Multi-Factor
-1.2%

VictoryShares US 500 Volatility Wtd ETF (CFA) belongs to the US Low Volatility segment. First Trust Large Cap Core AlphaDEX Fund ETF (FEX) is part of the US Multi-Factor segment. CFA's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, FEX's top sector exposures are Industrials, Information Technology and Financials. CFA is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.57% for FEX. CFA is up 6.01% year-to-date (YTD) with -$24M in YTD flows. FEX performs better with 12.01% YTD performance, and -$5M in YTD flows. Run a side-by-side ETF comparison of CFA and FEX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CFA vs FEX performance and flow charts

Performance

-2.0-1.00.01.02.03.04.0%May 11May 18May 25Jun 1Jun 8

Cumulative Flows

-4 M-2 M0 M2 M4 M6 MMay 11May 18May 25Jun 1Jun 8

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Historic performance and flows
Data as of 06/10/2026
1M3MYTD1Y3Y5Y
Perf.
CFA
FEX
+0.99%+0.32%
+3.14%+7.63%
+6.01%+12.01%
+12.17%+24.72%
+44.41%+68.26%
+44.80%+64.57%
Flows
CFA
FEX
-$5M+$7M
-$14M+$13M
-$24M-$5M
-$55M-$44M
-$185M-$141M
-$335M-$210M
Volatility and drawdown
3M1Y3Y5Y
Volatility
CFA
FEX
+11.91%+14.94%
+10.92%+12.81%
+13.10%+14.86%
+15.20%+16.90%
Max drawdown
CFA
FEX
-3.60%-3.24%
-7.11%-6.27%
-17.14%-19.51%
-20.77%-21.53%
Max drawdown duration
CFA
FEX
28d6d
91d47d
254d232d
752d757d
Trading data

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CFA
FEX
Last sale
6/10/2026 at 7:59 PM
$95.78
$134.11
Previous close
06/10/2026
$96.82
$132.69
Consolidated volume
06/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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CFA
FEX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/10/2026 at 7:59 PM
Live
Closed
CFA
FEX
Last price
$95.78
$134.11
1D performance
-1.07%
+1.07%
AuM$527.14 M$1.53 B
E/R0.39%0.57%
Characteristics
CFA
FEX
Management strategyPassivePassive
ProviderVictorySharesFirst Trust
BenchmarkNasdaq Victory US Large Cap 500 Volatility Weighted IndexNASDAQ AlphaDEX Large Cap Core Index
N° of holdings463345
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateJuly 1, 2014May 8, 2007
ESGNoNo
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Exposure

Countries

CFA
USA
92.11%
Other
7.89%
FEX
USA
91.09%
Other
8.91%

Sectors

CFA
Industrials
17.9%
Financials
16.66%
Information Techn.
13.63%
Utilities
9.01%
Health Care
8.79%
Consumer Discreti.
8.27%
Other
25.74%
FEX
Industrials
16.49%
Information Techn.
14.98%
Financials
14.09%
Health Care
8.34%
Consumer Discreti.
8.25%
Utilities
7.39%
Other
30.45%
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Diversification

CFA

Total weight of top 15 holdings out of 15

5.83%
FEX

Total weight of top 15 holdings out of 15

8.23%

Top 15 holdings

Data as of April 30, 2026
CFA
LOEWS
0.41%
FIRSTENERGY
0.41%
WEC ENERGY GROUP INC
0.41%
DUKE ENERGY
0.41%
BERKSHIRE HATHWAY
0.40%
AMEREN
0.40%
ALLIANT ENERGY
0.40%
DTE ENERGY
0.39%
ATMOS ENERGY
0.39%
EVERGY
0.39%
CMS ENERGY
0.38%
CENTERPOINT ENERGY
0.38%
SOUTHERN
0.36%
IE000S9YS762
0.36%
TJX
0.36%
FEX
BLOOM ENERGY CORP
0.70%
MICRON TECHNOLOGY
0.62%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.62%
WESTERN DIGITAL
0.60%
TERADYNE
0.54%
ADVANCED MICRO DEVICES
0.53%
DELL TECHNOLOGIES INC
0.52%
US36828A1016
0.52%
COMFORT SYSTEMS USA
0.52%
ELEVANCE HEALTH INC
0.52%
MARVELL TECHNOLOGY
0.52%
CIENA
0.51%
VERTIV HOLDINGS
0.51%
API GROUP CORP
0.50%
US86800U3023
0.50%
Frequently asked questions about CFA and FEX

How have the CFA and FEX ETFs performed in 2026?

As of June 10, 2026, CFA is up 6.01% year-to-date (YTD), while FEX has returned 12.01%. That puts FEX better performer ahead so far this year.

Which ETF is attracting more investor money: CFA or FEX?

Year-to-date, the CFA ETF saw -$24M in flows, compared to -$5M for FEX.

Which ETF is more volatile: CFA or FEX?

Over the past year, CFA had a volatility of 10.92%, while FEX experienced 12.81%.

Which ETF is bigger: CFA or FEX?

As of June 10, 2026, CFA holds $527.14 M in assets under management (AUM), while FEX manages $1.53 B.

What sectors do the CFA and FEX ETFs invest in?

CFA leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, FEX focuses on Industrials, Information Technology and Financials.

What are the top holdings of the CFA ETF and FEX ETF?

CFA top holdings include LOEWS, FIRSTENERGY and WEC ENERGY GROUP INC. FEX holds in its top three: BLOOM ENERGY CORP, MICRON TECHNOLOGY and SEAGATE TECHNOLOGY HOLDINGS PLC.

Which ETF is more diversified: CFA or FEX?

CFA holds 481 securities with 5.83% of its assets in the top 15. FEX has 359 securities and a top 15 weight of 8.23%.

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