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CFAvsFEXETF Comparison
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 Financials, Industrials and Information Technology. CFA is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.57% for FEX. CFA is up 1.03% year-to-date (YTD) with -$9M in YTD flows. FEX performs better with 4.01% YTD performance, and -$18M 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.
CFA vs FEX performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CFA FEX | -3.21%-3.25% | +0.37%+2.32% | +1.03%+4.01% | +12.35%+24.01% | +45.90%+65.55% | +48.37%+64.29% |
| Flows | CFA FEX | -$5M+$90K | -$9M-$18M | -$9M-$18M | -$36M-$86M | -$209M-$243M | -$346M-$212M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CFA FEX | +10.93%+11.89% | +16.04%+17.86% | +13.29%+14.94% | +15.19%+16.82% |
| Max drawdown | CFA FEX | -5.27%-3.46% | -11.96%-13.48% | -17.14%-19.51% | -20.77%-21.53% |
| Max drawdown duration | CFA FEX | 10d17d | 37d46d | 254d232d | 752d757d |
CFA | FEX | |
Last sale 3/12/2026 at 7:59 PM | $91.71 | $121.59 |
| Previous close 03/12/2026 | $92.84 | $123.27 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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CFA | FEX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
CFA | FEX | |
|---|---|---|
| Last price | $91.71 | $121.59 |
| 1D performance | -1.22% | -1.37% |
| AuM | $517.68 M | $1.41 B |
| E/R | 0.39% | 0.57% |
CFA | FEX | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VictoryShares | First Trust |
| Benchmark | Nasdaq Victory US Large Cap 500 Volatility Weighted Index | NASDAQ AlphaDEX Large Cap Core Index |
| N° of holdings | 469 | 356 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 1, 2014 | May 8, 2007 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the CFA and FEX ETFs performed in 2026?
As of March 12, 2026, CFA is up 1.03% year-to-date (YTD), while FEX has returned 4.01%. 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 -$9M in flows, compared to -$18M for FEX.
Which ETF is more volatile: CFA or FEX?
Over the past year, CFA had a volatility of 16.04%, while FEX experienced 17.86%.
Which ETF is bigger: CFA or FEX?
As of March 12, 2026, CFA holds $517.68 M in assets under management (AUM), while FEX manages $1.41 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 Financials, Industrials and Information Technology.
What are the top holdings of the CFA ETF and FEX ETF?
CFA top holdings include WESTERN DIGITAL, CARDINAL HEALTH and EVERGY. FEX holds in its top three: SEAGATE TECHNOLOGY HOLDINGS PLC, KYG3730V1059 and SCHLUMBERGER.
Which ETF is more diversified: CFA or FEX?
CFA holds 486 securities with 5.38% of its assets in the top 15. FEX has 374 securities and a top 15 weight of 7.76%.
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