FAB Performance — First Trust Multi Cap Value AlphaDEX Fund
Data updated: 2026-10-13
FAB returned +19.01% year to date and +30.17% over one year to Jul 2026. Annualised returns are +13.73% over 3 years and +10.20% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $147, against $145 for the category, and to $130 over one year, against $120. Volatility over the past three years was 15.24% a year. In the 12 months to Jul 2026 the fund took in a net $16.7M, and assets reached $168.46M.
FAB Growth of $100
What $100 invested in First Trust Multi Cap Value AlphaDEX Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | FAB | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $130 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $145 |
| 5 years (Aug 2021 – Jul 2026) | $163 | $156 |
| Since data start (Aug 2019 – Jul 2026) | $220 | $212 |
FAB Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.01% |
| 1 year | +30.17% |
| 3 years (annualised) | +13.73% |
| 5 years (annualised) | +10.20% |
FAB Annual Returns
Calendar-year total returns of First Trust Multi Cap Value AlphaDEX Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +19.01% |
| 2025 | +9.99% |
| 2024 | +7.73% |
| 2023 | +15.79% |
| 2022 | −6.76% |
| 2021 | +30.62% |
| 2020 | +2.28% |
| 2019 (Aug–Dec) | +8.24% |
FAB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.4% | +4.1% | −2.8% | +4.7% | −0.6% | +3.3% | +3.8% | — | — | — | — | — |
| 2025 | +2.5% | −2.6% | −3.0% | −5.1% | +3.9% | +4.2% | +1.1% | +6.7% | −0.2% | −1.9% | +3.8% | +0.9% |
| 2024 | −2.2% | +2.6% | +5.8% | −5.2% | +3.6% | −2.3% | +8.0% | −0.7% | +0.4% | −2.1% | +8.5% | −7.5% |
| 2023 | +10.8% | −3.4% | −5.0% | −1.0% | −5.1% | +8.9% | +6.8% | −3.6% | −4.1% | −4.1% | +7.8% | +9.1% |
| 2022 | −1.7% | +0.2% | +1.0% | −4.6% | +3.4% | −10.7% | +8.1% | −3.5% | −10.6% | +11.9% | +7.2% | −5.0% |
| 2021 | +1.7% | +8.2% | +7.5% | +3.9% | +2.4% | −2.8% | 0.0% | +2.1% | −3.2% | +4.1% | −2.7% | +6.7% |
| 2020 | −5.6% | −11.3% | −25.9% | +19.7% | +4.6% | +2.9% | +1.5% | +4.8% | −4.0% | +2.4% | +16.1% | +5.5% |
| 2019 | — | — | — | — | — | — | — | −7.1% | +6.1% | +1.6% | +4.0% | +3.9% |
FAB Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.24%
- 3-year Sharpe ratio: 0.61 (vs 4.5% risk-free rate)
- Best month: +9.08% (Dec 2023)
- Worst month: −7.53% (Dec 2024)
FAB Fund Flows
Monthly money in and out of First Trust Multi Cap Value AlphaDEX Fund, from SEC Form N-PORT.
- 12-month net flow: $16.7M
- 12-month gross sales (incl. reinvestments): $89.4M
- Sales ÷ redemptions: 1.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $51.4M | $25.3M | $26.1M |
| Jun 2026 | $0 | $5.1M | −$5.1M |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $33.3M | $33.8M | −$493K |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $4.7M | $0 | $4.7M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $4.3M | −$4.3M |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $4.3M | −$4.3M |
FAB Assets Under Management
Net assets of First Trust Multi Cap Value AlphaDEX Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $168.46M |
| 2026-04-30 | $138.78M |
| 2026-01-31 | $126.82M |
| 2025-10-31 | $119.78M |
| 2025-07-31 | $119.34M |
| 2025-04-30 | $109.47M |
| 2025-01-31 | $135.04M |
| 2024-10-31 | $136.36M |
| 2024-07-31 | $148.99M |
| 2024-04-30 | $152.63M |
| 2024-01-31 | $156.38M |
| 2023-10-31 | $150.23M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.