FADvsSMIZETF Comparison
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First Trust Multi Cap Growth AlphaDEX Fund ETF (FAD) and Zacks Small/Mid Cap ETF (SMIZ) belong to the same industry segment: US Multi-Factor. FAD's top 3 sector exposures are Technology, Industrials and Healthcare. In contrast, SMIZ's top sector exposures are Finance, Technology and Industrials. FAD is more expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.6% for SMIZ. FAD is up 9.26% year-to-date (YTD) with +$190M in YTD flows. SMIZ performs better with 10.35% YTD performance, and +$88M in YTD flows. Run a side-by-side ETF comparison of FAD and SMIZ 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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FAD vs SMIZ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/30/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FAD SMIZ | -2.45%-0.22% | -3.73%-2.74% | +9.26%+10.35% | +8.64%+10.93% | +90.42%+76.45% | +40.95%n/a |
| Flows | FAD SMIZ | +$9M-$14M | +$36M+$10M | +$190M+$88M | +$206M+$104M | +$290M+$230M | +$245M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FAD SMIZ | +17.95%+14.38% | +20.91%+17.77% | +20.06%+18.56% | +21.50%n/a |
| Max drawdown | FAD SMIZ | -9.76%-8.24% | -12.44%-10.50% | -23.51%-24.90% | -31.99%n/a |
| Max drawdown duration | FAD SMIZ | 74d74d | 122d60d | 230d260d | 967dn/a |
Trading data
FAD | SMIZ | |
Last sale 11/2/2026 at 2:30 PM | $175.06 | $40.87 |
| Previous close 11/02/2026 | $176.89 | $40.89 |
| Consolidated volume 11/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
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SMIZ
is actively managed and doesn’t replicate an indexFAD | SMIZ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 11/2/2026 at 2:30 PM
Live
Closed
FAD | SMIZ | |
|---|---|---|
| Last price | $175.06 | $40.87 |
| 1D performance | -1.03% | -0.05% |
| AuM | $591.67 M | $273.70 M |
| E/R | 0.63% | 0.6% |
Characteristics
FAD | SMIZ | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | First Trust | Zacks ETFs |
| Benchmark | NASDAQ AlphaDEX Multi Cap Growth Index | - |
| N° of holdings | 669 | 199 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | October 3, 2023 |
| ESG | No | No |
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Exposure
Countries
FAD
USA
96.73%
Other
3.27%
SMIZ
USA
94.67%
Other
5.33%
Sectors
FAD
Technology
26.65%
Industrials
19.45%
Healthcare
17.55%
Finance
13.85%
Other
22.5%
SMIZ
Finance
23.93%
Technology
20.77%
Industrials
19.05%
Healthcare
10.35%
Other
25.91%
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Diversification
FAD
Total weight of top 15 holdings out of 15
8.14%
SMIZ
Total weight of top 15 holdings out of 15
16.13%
Top 15 holdings
Data as of September 30, 2026
FAD
Everpure, Inc.
0.66%
Dell Technologies, Inc.
0.61%
Illumina, Inc.
0.59%
Natera, Inc.
0.59%
Lumentum Holdings, Inc.
0.59%
Fortinet, Inc.
0.57%
CrowdStrike Holdings, Inc.
0.54%
Datadog, Inc.
0.52%
Keysight Technologies, Inc.
0.52%
Advanced Micro Devices, Inc.
0.52%
Incyte Corp.
0.50%
Analog Devices, Inc.
0.50%
Seagate Technology Holdings Plc
0.48%
Interactive Brokers Group, Inc.
0.48%
Amphenol Corp.
0.47%
SMIZ
EMCOR Group, Inc.
1.56%
Vestis Corp.
1.20%
Kulicke & Soffa Industries, Inc.
1.20%
Arista Networks, Inc.
1.16%
Allient, Inc.
1.11%
Comfort Systems USA, Inc.
1.09%
Affiliated Managers Group, Inc.
1.07%
International Seaways, Inc.
1.06%
Commvault Systems, Inc.
1.03%
Amphenol Corp.
1.02%
Northern Trust Corp.
0.97%
Expeditors International of Washington, Inc.
0.96%
Arrow Electronics, Inc.
0.95%
Watts Water Technologies, Inc.
0.87%
Phillips 66
0.87%
Frequently asked questions about FAD and SMIZ
How have the FAD and SMIZ ETFs performed in 2026?
As of October 30, 2026, FAD is up 9.26% year-to-date (YTD), while SMIZ has returned 10.35%. That puts SMIZ better performer ahead so far this year.
Which ETF is attracting more investor money: FAD or SMIZ?
Year-to-date, the FAD ETF saw +$190M in flows, compared to +$88M for SMIZ.
Which ETF is more volatile: FAD or SMIZ?
Over the past year, FAD had a volatility of 20.91%, while SMIZ experienced 17.77%.
Which ETF is bigger: FAD or SMIZ?
As of October 30, 2026, FAD holds $591.67 M in assets under management (AUM), while SMIZ manages $273.70 M.
What sectors do the FAD and SMIZ ETFs invest in?
FAD leans toward sectors like Technology, Industrials and Healthcare. Meanwhile, SMIZ focuses on Finance, Technology and Industrials.
What are the top holdings of the FAD ETF and SMIZ ETF?
FAD top holdings include Everpure, Inc., Dell Technologies, Inc. and Illumina, Inc.. SMIZ holds in its top three: EMCOR Group, Inc., Vestis Corp. and Kulicke & Soffa Industries, Inc..
Which ETF is more diversified: FAD or SMIZ?
FAD holds 669 securities with 8.14% of its assets in the top 15. SMIZ has 199 securities and a top 15 weight of 16.13%.
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