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FNKvsFABETF Comparison
First Trust Mid Cap Value AlphaDEX Fund ETF (FNK) belongs to the US Mid Cap Value segment. First Trust Multi Cap Value AlphaDEX Fund ETF (FAB) is part of the US Multi-Factor segment. FNK's top 3 sector exposures are Financials, Consumer Discretionary and Industrials. In contrast, FAB's top sector exposures are Financials, Energy and Consumer Discretionary. FNK is more expensive with a Total Expense Ratio (TER) of 0.74%, versus 0.66% for FAB. FNK is up 2.66% year-to-date (YTD) with +$43K in YTD flows. FAB performs better with 5.61% YTD performance, and +$5M in YTD flows. Run a side-by-side ETF comparison of FNK and FAB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FNK vs FAB performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FNK FAB | -6.09%-4.46% | +0.30%+3.73% | +2.66%+5.61% | +15.95%+21.52% | +42.32%+48.28% | +43.22%+47.96% |
| Flows | FNK FAB | +$43K- | +$43K+$5M | +$43K+$5M | -$28M-$7M | -$122M-$125M | +$87M+$10M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FNK FAB | +14.30%+12.88% | +22.12%+19.98% | +20.15%+17.61% | +21.51%+19.15% |
| Max drawdown | FNK FAB | -6.45%-4.66% | -15.82%-14.41% | -24.99%-22.74% | -24.99%-22.74% |
| Max drawdown duration | FNK FAB | 31d17d | 49d52d | 406d366d | 406d366d |
FNK | FAB | |
Last sale 3/12/2026 at 1:30 PM | $56.40 | $93.16 |
| Previous close 03/12/2026 | $57.08 | $94.07 |
| 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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FNK | FAB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
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FNK | FAB | |
|---|---|---|
| Last price | $56.40 | $93.16 |
| 1D performance | -1.19% | -0.97% |
| AuM | $205.60 M | $131.75 M |
| E/R | 0.74% | 0.66% |
FNK | FAB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | First Trust |
| Benchmark | NASDAQ AlphaDEX Mid Cap Value Index | NASDAQ AlphaDEX Multi Cap Value Index |
| N° of holdings | 214 | 636 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 19, 2011 | 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 FNK and FAB ETFs performed in 2026?
As of March 11, 2026, FNK is up 2.66% year-to-date (YTD), while FAB has returned 5.61%. That puts FAB better performer ahead so far this year.
Which ETF is attracting more investor money: FNK or FAB?
Year-to-date, the FNK ETF saw +$43K in flows, compared to +$5M for FAB.
Which ETF is more volatile: FNK or FAB?
Over the past year, FNK had a volatility of 22.12%, while FAB experienced 19.98%.
Which ETF is bigger: FNK or FAB?
As of March 11, 2026, FNK holds $205.60 M in assets under management (AUM), while FAB manages $131.75 M.
What sectors do the FNK and FAB ETFs invest in?
FNK leans toward sectors like Financials, Consumer Discretionary and Industrials. Meanwhile, FAB focuses on Financials, Energy and Consumer Discretionary.
What are the top holdings of the FNK ETF and FAB ETF?
FNK top holdings include CH1300646267, CALIFORNIA RESOURCES and NOV INC. FAB holds in its top three: SCHLUMBERGER, CF INDUSTRIES HOLDINGS and CHEVRON TEXACO.
Which ETF is more diversified: FNK or FAB?
FNK holds 224 securities with 12.04% of its assets in the top 15. FAB has 668 securities and a top 15 weight of 7.19%.
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