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FABvsFNKETF Comparison

ETF 1

FAB

First Trust Multi Cap Value AlphaDEX Fund ETF

This fund is part of

US Multi-Factor

-0.05%

Full FAB fund page

VS

ETF 2

FNK

First Trust Mid Cap Value AlphaDEX Fund ETF

This fund is part of

US Mid Cap Value

-0.25%

Full FNK fund page

First Trust Multi Cap Value AlphaDEX Fund ETF (FAB) belongs to the US Multi-Factor segment. First Trust Mid Cap Value AlphaDEX Fund ETF (FNK) is part of the US Mid Cap Value segment. FAB's top 3 sector exposures are Financials, Energy and Consumer Discretionary. In contrast, FNK's top sector exposures are Financials, Consumer Discretionary and Industrials. FAB is less expensive with a Total Expense Ratio (TER) of 0.66%, versus 0.74% for FNK. FAB is up 11.15% year-to-date (YTD) with +$4M in YTD flows. FNK performs worse with 8.06% YTD performance, and +$43K in YTD flows. Run a side-by-side ETF comparison of FAB and FNK 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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FAB vs FNK performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FAB FNK	+5.59%+6.54%	+6.35%+3.16%	+11.15%+8.06%	+32.93%+27.59%	+51.56%+45.04%	+50.76%+43.76%
Flows	FAB FNK	-$493K-	+$4M+$43K	+$4M+$43K	-$4M-$16M	-$126M-$101M	-$15M+$67M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FAB FNK	+12.28%+13.91%	+14.70%+16.32%	+17.28%+19.81%	+19.09%+21.43%
Max drawdown	FAB FNK	-6.70%-9.07%	-6.70%-9.07%	-22.74%-24.99%	-22.74%-24.99%
Max drawdown duration	FAB FNK	53d79d	53d79d	366d406d	366d406d

Trading data

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	FAB	FNK
Last sale 4/29/2026 at 1:30 PM	$98.02	$59.45
Previous close 04/29/2026	$98.67	$59.83
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	FAB	FNK
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 1:30 PM

Live

Closed

	FAB	FNK
Last price	$98.02	$59.45
1D performance	-0.66%	-0.63%
AuM	$138.13 M	$215.45 M
E/R	0.66%	0.74%

Characteristics

	FAB	FNK
Management strategy	Passive	Passive
Provider	First Trust	First Trust
Benchmark	NASDAQ AlphaDEX Multi Cap Value Index	NASDAQ AlphaDEX Mid Cap Value Index
N° of holdings	636	214
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 8, 2007	April 19, 2011
ESG	No	No

More FAB data on Trackinsight

More FNK data on Trackinsight

Exposure

Countries

FAB

USA

93.6%

Other

6.4%

FNK

USA

92.52%

Other

7.48%

Sectors

FAB

Financials

18.83%

Energy

15.48%

Consumer Discreti.

10.76%

Utilities

10.19%

Industrials

9.77%

Other

34.97%

FNK

Financials

22.51%

Consumer Discreti.

14.52%

Industrials

12.48%

Energy

11.06%

Utilities

7.61%

Other

31.82%

Diversification

FAB

Total weight of top 15 holdings out of 15

8.45%

FNK

Total weight of top 15 holdings out of 15

14.69%

Top 15 holdings

Data as of March 31, 2026

FAB

CF INDUSTRIES HOLDINGS

0.70%

OCCIDENTAL U

0.64%

DOW INC

0.59%

CONOCOPHILLIPS

0.58%

EOG RESOURCES

0.57%

EXXON

0.57%

DEVON ENERGY

0.56%

SCHLUMBERGER

0.55%

CHEVRON TEXACO

0.55%

COTERRA ENERGY

0.55%

DIAMONDBACK ENERGY

0.54%

VERIZON COMMUNICATIONS

0.52%

EDISON INTERNATIONAL

0.52%

TARGET

0.52%

PFIZER

0.49%

FNK

APA CORPORATION

1.22%

OVINTIV INC

1.06%

CALIFORNIA RESOURCES

1.06%

CHORD ENERGY CORPORATION

1.06%

US71424F1057

1.06%

CH1300646267

1.04%

MATADOR RESOURCES

1.03%

MAGNOLIA OIL AND GAS CORP

0.99%

ALCOA CORP

0.98%

HF SINCLAIR CORPORATION

0.95%

NOV INC

0.86%

FLUOR

0.86%

EASTMAN CHEMICAL

0.86%

US8299331004

0.84%

CABOT

0.82%

Frequently asked questions about FAB and FNK

How have the FAB and FNK ETFs performed in 2026?

As of April 28, 2026, FAB is up 11.15% year-to-date (YTD), while FNK has returned 8.06%. That puts FAB better performer ahead so far this year.

Which ETF is attracting more investor money: FAB or FNK?

Year-to-date, the FAB ETF saw +$4M in flows, compared to +$43K for FNK.

Which ETF is more volatile: FAB or FNK?

Over the past year, FAB had a volatility of 14.7%, while FNK experienced 16.32%.

Which ETF is bigger: FAB or FNK?

As of April 28, 2026, FAB holds $138.13 M in assets under management (AUM), while FNK manages $215.45 M.

What sectors do the FAB and FNK ETFs invest in?

FAB leans toward sectors like Financials, Energy and Consumer Discretionary. Meanwhile, FNK focuses on Financials, Consumer Discretionary and Industrials.

What are the top holdings of the FAB ETF and FNK ETF?

FAB top holdings include CF INDUSTRIES HOLDINGS, OCCIDENTAL U and DOW INC. FNK holds in its top three: APA CORPORATION, OVINTIV INC and CALIFORNIA RESOURCES.

FABvsFNKETF Comparison

First Trust Multi Cap Value AlphaDEX Fund ETF

First Trust Mid Cap Value AlphaDEX Fund ETF

FAB vs FNK performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FAB and FNK ETFs performed in 2026?

As of April 28, 2026, FAB is up 11.15% year-to-date (YTD), while FNK has returned 8.06%. That puts FAB better performer ahead so far this year.

Which ETF is attracting more investor money: FAB or FNK?

Year-to-date, the FAB ETF saw +$4M in flows, compared to +$43K for FNK.

Which ETF is more volatile: FAB or FNK?

Over the past year, FAB had a volatility of 14.7%, while FNK experienced 16.32%.

Which ETF is bigger: FAB or FNK?

As of April 28, 2026, FAB holds $138.13 M in assets under management (AUM), while FNK manages $215.45 M.

What sectors do the FAB and FNK ETFs invest in?

FAB leans toward sectors like Financials, Energy and Consumer Discretionary. Meanwhile, FNK focuses on Financials, Consumer Discretionary and Industrials.

What are the top holdings of the FAB ETF and FNK ETF?

FAB top holdings include CF INDUSTRIES HOLDINGS, OCCIDENTAL U and DOW INC. FNK holds in its top three: APA CORPORATION, OVINTIV INC and CALIFORNIA RESOURCES.

Which ETF is more diversified: FAB or FNK?

FAB holds 668 securities with 8.45% of its assets in the top 15. FNK has 224 securities and a top 15 weight of 14.69%.

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