Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
FNXvsSMDXETF Comparison
First Trust Mid Cap Core AlphaDEX Fund ETF (FNX) and Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) belong to the same industry segment: US Multi-Factor. FNX's top 3 sector exposures are Industrials, Financials and Consumer Discretionary. In contrast, SMDX's top sector exposures are Industrials, Information Technology and Financials. FNX is more expensive with a Total Expense Ratio (TER) of 0.62%, versus 0.35% for SMDX. FNX is up 1.08% year-to-date (YTD) with +$21M in YTD flows. SMDX performs better with 1.93% YTD performance, and +$246K in YTD flows. Run a side-by-side ETF comparison of FNX and SMDX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FNX vs SMDX performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FNX SMDX | -5.79%-5.59% | -0.94%+0.70% | +1.08%+1.93% | +19.84%+24.36% | +51.83%n/a | +40.43%n/a |
| Flows | FNX SMDX | +$14M-$3M | +$21M+$2M | +$21M+$246K | -$107M+$50M | -$155M- | -$11M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FNX SMDX | +15.52%+15.61% | +21.60%+21.31% | +19.27%n/a | +20.85%n/a |
| Max drawdown | FNX SMDX | -7.62%-7.10% | -15.29%-14.46% | -25.04%n/a | -25.04%n/a |
| Max drawdown duration | FNX SMDX | 30d31d | 46d46d | 289dn/a | 289dn/a |
FNX | SMDX | |
Last sale 3/13/2026 at 1:30 PM | $126.96 | $23.26 |
| Previous close 03/12/2026 | $127.23 | $23.26 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
FNX | SMDX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FNX | SMDX | |
|---|---|---|
| Last price | $126.96 | $23.26 |
| 1D performance | -0.21% | -0.00% |
| AuM | $1.20 B | $113.97 M |
| E/R | 0.62% | 0.35% |
FNX | SMDX | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | First Trust | Intech Investment Management |
| Benchmark | NASDAQ AlphaDEX Mid Cap Core Index | - |
| N° of holdings | 419 | 507 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | February 27, 2025 |
| 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 FNX and SMDX ETFs performed in 2026?
As of March 12, 2026, FNX is up 1.08% year-to-date (YTD), while SMDX has returned 1.93%. That puts SMDX better performer ahead so far this year.
Which ETF is attracting more investor money: FNX or SMDX?
Year-to-date, the FNX ETF saw +$21M in flows, compared to +$246K for SMDX.
Which ETF is more volatile: FNX or SMDX?
Over the past year, FNX had a volatility of 21.6%, while SMDX experienced 21.31%.
Which ETF is bigger: FNX or SMDX?
As of March 12, 2026, FNX holds $1.20 B in assets under management (AUM), while SMDX manages $113.97 M.
What sectors do the FNX and SMDX ETFs invest in?
FNX leans toward sectors like Industrials, Financials and Consumer Discretionary. Meanwhile, SMDX focuses on Industrials, Information Technology and Financials.
What are the top holdings of the FNX ETF and SMDX ETF?
FNX top holdings include BLOOM ENERGY CORP, AST SPACEMOBILE and TTM TECHNOLOGIES. SMDX holds in its top three: CIENA, JONES LANG LASALLE and EAST WEST BANCORP.
Which ETF is more diversified: FNX or SMDX?
FNX holds 448 securities with 6.69% of its assets in the top 15. SMDX has 527 securities and a top 15 weight of 16.15%.
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
