FEX Performance — First Trust Large Cap Core AlphaDEX Fund
Data updated: 2026-10-13
FEX returned +15.33% year to date and +23.00% over one year to Jul 2026. Annualised returns are +17.27% over 3 years and +10.83% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $161, against $153 for the category, and to $123 over one year, against $116. Volatility over the past three years was 13.68% a year. In the 12 months to Jul 2026 the fund lost a net $32.1M, and assets reached $1.57B.
FEX Growth of $100
What $100 invested in First Trust Large Cap Core AlphaDEX Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FEX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $123 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $161 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $167 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $240 | $226 |
FEX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.33% |
| 1 year | +23.00% |
| 3 years (annualised) | +17.27% |
| 5 years (annualised) | +10.83% |
FEX Annual Returns
Calendar-year total returns of First Trust Large Cap Core AlphaDEX Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.33% |
| 2025 | +14.97% |
| 2024 | +17.14% |
| 2023 | +14.39% |
| 2022 | −11.94% |
| 2021 | +26.76% |
| 2020 | +14.13% |
| 2019 (Aug–Dec) | +5.99% |
FEX 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 | +3.9% | +3.6% | −4.1% | +7.1% | +3.3% | +3.8% | −2.6% | — | — | — | — | — |
| 2025 | +4.2% | −1.6% | −4.0% | −1.9% | +4.8% | +4.7% | +1.7% | +2.9% | +1.8% | +0.3% | +1.1% | +0.4% |
| 2024 | +0.5% | +5.2% | +4.4% | −4.8% | +2.9% | 0.0% | +3.2% | +2.3% | +2.0% | −0.3% | +8.7% | −7.2% |
| 2023 | +6.4% | −3.5% | −1.7% | −0.1% | −3.2% | +8.3% | +4.2% | −3.2% | −4.0% | −3.6% | +9.5% | +5.8% |
| 2022 | −5.7% | −1.1% | +2.7% | −6.2% | +2.3% | −9.8% | +7.5% | −2.6% | −9.0% | +10.7% | +6.3% | −5.2% |
| 2021 | +0.5% | +4.5% | +3.8% | +4.8% | +1.6% | +1.0% | +1.2% | +3.1% | −4.6% | +6.2% | −2.1% | +4.4% |
| 2020 | −1.9% | −8.7% | −18.1% | +15.3% | +6.5% | +2.1% | +4.6% | +4.7% | −2.7% | −0.6% | +12.6% | +4.0% |
| 2019 | — | — | — | — | — | — | — | −3.6% | +2.2% | +1.1% | +3.9% | +2.5% |
FEX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.68%
- 3-year Sharpe ratio: 0.93 (vs 4.5% risk-free rate)
- Best month: +9.52% (Nov 2023)
- Worst month: −7.19% (Dec 2024)
FEX Fund Flows
Monthly money in and out of First Trust Large Cap Core AlphaDEX Fund, from SEC Form N-PORT.
- 12-month net flow: −$32.1M
- 12-month gross sales (incl. reinvestments): $595.6M
- Sales ÷ redemptions: 0.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $273.0M | $285.0M | −$11.9M |
| Jun 2026 | $13.8M | $6.7M | $7.0M |
| May 2026 | $13.3M | $0 | $13.3M |
| Apr 2026 | $6.2M | $6.4M | −$229K |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $6.4M | $6.3M | $90K |
| Jan 2026 | $6.2M | $24.5M | −$18.3M |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $17.6M | −$17.6M |
| Oct 2025 | $271.0M | $269.6M | $1.4M |
| Sep 2025 | $5.8M | $11.7M | −$5.9M |
| Aug 2025 | $0 | $0 | $0 |
FEX Assets Under Management
Net assets of First Trust Large Cap Core AlphaDEX Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.57B |
| 2026-04-30 | $1.50B |
| 2026-01-31 | $1.41B |
| 2025-10-31 | $1.38B |
| 2025-07-31 | $1.32B |
| 2025-04-30 | $1.22B |
| 2025-01-31 | $1.33B |
| 2024-10-31 | $1.27B |
| 2024-07-31 | $1.24B |
| 2024-04-30 | $1.16B |
| 2024-01-31 | $1.12B |
| 2023-10-31 | $1.02B |
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.