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FABvsHWSMETF 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

HWSM

H&W SMID Cap Diversified Value Fund

This fund is part of

US Multi-Factor

-0.05%

Full HWSM fund page

First Trust Multi Cap Value AlphaDEX Fund ETF (FAB) and H&W SMID Cap Diversified Value Fund (HWSM) belong to the same industry segment: US Multi-Factor. FAB's top 3 sector exposures are Financials, Energy and Consumer Discretionary. In contrast, HWSM's top sector exposures are Financials, Industrials and Consumer Discretionary. FAB is more expensive with a Total Expense Ratio (TER) of 0.66%, versus 0.55% for HWSM. FAB is up 11.15% year-to-date (YTD) with +$4M in YTD flows. HWSM performs worse with 5.76% YTD performance, and +$15K in YTD flows. Run a side-by-side ETF comparison of FAB and HWSM 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 HWSM 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 HWSM	+5.59%+7.15%	+6.35%+1.44%	+11.15%+5.76%	+32.93%+25.46%	+51.56%n/a	+50.76%n/a
Flows	FAB HWSM	-$493K-	+$4M+$15K	+$4M+$15K	-$4M+$536K	-$126M-	-$15M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FAB HWSM	+12.28%+15.72%	+14.70%+16.55%	+17.28%n/a	+19.09%n/a
Max drawdown	FAB HWSM	-6.70%-10.25%	-6.70%-10.25%	-22.74%n/a	-22.74%n/a
Max drawdown duration	FAB HWSM	53d66d	53d66d	366dn/a	366dn/a

Trading data

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	FAB	HWSM
Last sale 4/29/2026 at 6:31 PM	$97.79	$28.70
Previous close 04/29/2026	$98.67	$28.85
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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HWSM

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 4/29/2026 at 6:31 PM

Live

Closed

	FAB	HWSM
Last price	$97.79	$28.70
1D performance	-0.89%	-0.51%
AuM	$138.13 M	$2.58 M
E/R	0.66%	0.55%

Characteristics

	FAB	HWSM
Management strategy	Passive	Active
Provider	First Trust	Hotchkis & Wiley Capital Management
Benchmark	NASDAQ AlphaDEX Multi Cap Value Index	-
N° of holdings	636	153
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	May 8, 2007	March 31, 2025
ESG	No	No

More FAB data on Trackinsight

More HWSM data on Trackinsight

Exposure

Countries

FAB

USA

93.6%

Other

6.4%

HWSM

USA

89.22%

Other

10.78%

Sectors

FAB

Financials

18.83%

Energy

15.48%

Consumer Discreti.

10.76%

Utilities

10.19%

Industrials

9.77%

Other

34.97%

HWSM

Financials

22.58%

Industrials

13.1%

Consumer Discreti.

11.8%

Information Techn.

10.43%

Utilities

8.15%

Other

33.94%

Diversification

FAB

Total weight of top 15 holdings out of 15

8.45%

HWSM

Total weight of top 15 holdings out of 15

22.6%

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%

EXXON

0.57%

EOG RESOURCES

0.57%

DEVON ENERGY

0.56%

SCHLUMBERGER

0.55%

COTERRA ENERGY

0.55%

CHEVRON TEXACO

0.55%

DIAMONDBACK ENERGY

0.54%

VERIZON COMMUNICATIONS

0.52%

TARGET

0.52%

EDISON INTERNATIONAL

0.52%

PFIZER

0.49%

HWSM

APA CORPORATION

2.10%

PPG INDUSTRIES

2.07%

DOMINION ENERGY

2.01%

US2948216088

1.99%

F5 INC

1.99%

US36266G1076

1.92%

WORKDAY INC

1.84%

AMERICAN INTERNATIONAL GROUP

1.47%

LEAR

1.06%

EXELON CORP

1.04%

UNIVERSAL HEALTH SERVICES

1.04%

PPL

1.03%

STATE STREET

1.02%

JAZZ PHARMACEUTICALS

1.01%

TRAVELERS COS INC/THE

1.01%

Frequently asked questions about FAB and HWSM

How have the FAB and HWSM ETFs performed in 2026?

As of April 28, 2026, FAB is up 11.15% year-to-date (YTD), while HWSM has returned 5.76%. That puts FAB better performer ahead so far this year.

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

Year-to-date, the FAB ETF saw +$4M in flows, compared to +$15K for HWSM.

Which ETF is more volatile: FAB or HWSM?

Over the past year, FAB had a volatility of 14.7%, while HWSM experienced 16.55%.

Which ETF is bigger: FAB or HWSM?

As of April 28, 2026, FAB holds $138.13 M in assets under management (AUM), while HWSM manages $2.58 M.

What sectors do the FAB and HWSM ETFs invest in?

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

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

FAB top holdings include CF INDUSTRIES HOLDINGS, OCCIDENTAL U and DOW INC. HWSM holds in its top three: APA CORPORATION, PPG INDUSTRIES and DOMINION ENERGY.

FABvsHWSMETF Comparison

First Trust Multi Cap Value AlphaDEX Fund ETF

H&W SMID Cap Diversified Value Fund

FAB vs HWSM 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 HWSM ETFs performed in 2026?

As of April 28, 2026, FAB is up 11.15% year-to-date (YTD), while HWSM has returned 5.76%. That puts FAB better performer ahead so far this year.

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

Year-to-date, the FAB ETF saw +$4M in flows, compared to +$15K for HWSM.

Which ETF is more volatile: FAB or HWSM?

Over the past year, FAB had a volatility of 14.7%, while HWSM experienced 16.55%.

Which ETF is bigger: FAB or HWSM?

As of April 28, 2026, FAB holds $138.13 M in assets under management (AUM), while HWSM manages $2.58 M.

What sectors do the FAB and HWSM ETFs invest in?

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

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

FAB top holdings include CF INDUSTRIES HOLDINGS, OCCIDENTAL U and DOW INC. HWSM holds in its top three: APA CORPORATION, PPG INDUSTRIES and DOMINION ENERGY.

Which ETF is more diversified: FAB or HWSM?

FAB holds 668 securities with 8.45% of its assets in the top 15. HWSM has 163 securities and a top 15 weight of 22.6%.

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