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FEXvsVOETF Comparison
First Trust Large Cap Core AlphaDEX Fund ETF (FEX) belongs to the US Multi-Factor segment. Vanguard Mid-Cap ETF (VO) is part of the US Mid Cap segment. FEX's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, VO's top sector exposures are Industrials, Information Technology and Financials. FEX is more expensive with a Total Expense Ratio (TER) of 0.57%, versus 0.03% for VO. FEX is up 4.01% year-to-date (YTD) with -$18M in YTD flows. VO performs worse with 1.39% YTD performance, and +$1.80B in YTD flows. Run a side-by-side ETF comparison of FEX and VO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FEX vs VO performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FEX VO | -3.25%-2.83% | +2.32%-0.68% | +4.01%+1.39% | +24.01%+17.03% | +65.55%+52.52% | +64.29%+42.50% |
| Flows | FEX VO | +$90K+$1.13B | -$18M+$2.98B | -$18M+$1.80B | -$86M+$10.72B | -$243M+$19.23B | -$212M+$28.98B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FEX VO | +11.89%+12.81% | +17.86%+17.64% | +14.94%+14.86% | +16.82%+17.55% |
| Max drawdown | FEX VO | -3.46%-4.18% | -13.48%-13.44% | -19.51%-18.93% | -21.53%-27.54% |
| Max drawdown duration | FEX VO | 17d13d | 46d46d | 232d211d | 757d972d |
FEX | VO | |
Last sale 3/12/2026 at 1:30 PM | $121.59 | $289.14 |
| Previous close 03/11/2026 | $123.27 | $294.20 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FEX | VO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FEX | VO | |
|---|---|---|
| Last price | $121.59 | $289.14 |
| 1D performance | -1.37% | -1.72% |
| AuM | $1.41 B | $93.78 B |
| E/R | 0.57% | 0.03% |
FEX | VO | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | Vanguard |
| Benchmark | NASDAQ AlphaDEX Large Cap Core Index | CRSP U.S. Mid Cap Index |
| N° of holdings | 356 | 270 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | January 26, 2004 |
| 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 FEX and VO ETFs performed in 2026?
As of March 11, 2026, FEX is up 4.01% year-to-date (YTD), while VO has returned 1.39%. That puts FEX better performer ahead so far this year.
Which ETF is attracting more investor money: FEX or VO?
Year-to-date, the FEX ETF saw -$18M in flows, compared to +$1.80B for VO.
Which ETF is more volatile: FEX or VO?
Over the past year, FEX had a volatility of 17.86%, while VO experienced 17.64%.
Which ETF is bigger: FEX or VO?
As of March 11, 2026, FEX holds $1.41 B in assets under management (AUM), while VO manages $93.78 B.
What sectors do the FEX and VO ETFs invest in?
FEX leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, VO focuses on Industrials, Information Technology and Financials.
What are the top holdings of the FEX ETF and VO ETF?
FEX top holdings include SEAGATE TECHNOLOGY HOLDINGS PLC, KYG3730V1059 and SCHLUMBERGER. VO holds in its top three: NEWMONT CORP, CONSTELLATION ENERGY CORP and SEAGATE TECHNOLOGY HOLDINGS PLC.
Which ETF is more diversified: FEX or VO?
FEX holds 374 securities with 7.76% of its assets in the top 15. VO has 287 securities and a top 15 weight of 13.18%.
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