FNX Performance — First Trust Mid Cap Core AlphaDEX Fund
Data updated: 2026-10-13
FNX returned +14.18% year to date and +23.25% over one year to Jul 2026. Annualised returns are +13.58% over 3 years and +8.87% over 5 years. The fund beat its US Mid-Cap Blend category average: $100 invested three years ago grew to $147, against $144 for the category, and to $123 over one year, against $119. Volatility over the past three years was 17.54% a year. In the 12 months to Jul 2026 the fund lost a net $4.7M, and assets reached $1.37B.
FNX Growth of $100
What $100 invested in First Trust Mid Cap Core AlphaDEX Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | FNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $123 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $153 | $145 |
| Since data start (Aug 2019 – Jul 2026) | $223 | $204 |
FNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.18% |
| 1 year | +23.25% |
| 3 years (annualised) | +13.58% |
| 5 years (annualised) | +8.87% |
FNX Annual Returns
Calendar-year total returns of First Trust Mid Cap Core AlphaDEX Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.18% |
| 2025 | +9.85% |
| 2024 | +12.35% |
| 2023 | +20.43% |
| 2022 | −13.74% |
| 2021 | +25.05% |
| 2020 | +16.13% |
| 2019 (Aug–Dec) | +4.71% |
FNX 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 | +5.2% | +2.6% | −5.4% | +8.0% | +1.2% | +4.6% | −2.1% | — | — | — | — | — |
| 2025 | +4.2% | −4.6% | −5.0% | −3.6% | +5.5% | +4.0% | +2.0% | +5.7% | +1.4% | −0.8% | +1.7% | −0.2% |
| 2024 | −2.5% | +6.0% | +5.3% | −6.4% | +4.6% | −1.8% | +6.9% | −0.2% | +1.3% | −1.5% | +9.7% | −8.1% |
| 2023 | +10.2% | −2.5% | −4.3% | −0.4% | −2.9% | +10.9% | +5.0% | −3.6% | −5.2% | −6.0% | +9.3% | +10.9% |
| 2022 | −6.2% | +0.8% | +1.0% | −5.8% | +2.2% | −11.0% | +10.4% | −3.1% | −10.2% | +11.3% | +5.1% | −6.1% |
| 2021 | +2.2% | +6.6% | +3.5% | +4.7% | +0.9% | +1.2% | −0.7% | +2.7% | −3.9% | +5.2% | −3.5% | +4.1% |
| 2020 | −2.8% | −9.3% | −24.0% | +16.4% | +7.7% | +3.3% | +3.7% | +4.7% | −2.5% | +2.3% | +15.5% | +7.1% |
| 2019 | — | — | — | — | — | — | — | −5.2% | +2.3% | +2.1% | +3.6% | +2.0% |
FNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.54%
- 3-year Sharpe ratio: 0.52 (vs 4.5% risk-free rate)
- Best month: +10.87% (Dec 2023)
- Worst month: −8.07% (Dec 2024)
FNX Fund Flows
Monthly money in and out of First Trust Mid Cap Core AlphaDEX Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.7M
- 12-month gross sales (incl. reinvestments): $874.6M
- Sales ÷ redemptions: 0.99×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $221.7M | $226.5M | −$4.7M |
| Jun 2026 | $14.2M | $7.3M | $6.9M |
| May 2026 | $13.8M | $13.6M | $176K |
| Apr 2026 | $299.2M | $293.2M | $6.0M |
| Mar 2026 | $13.2M | $6.5M | $6.7M |
| Feb 2026 | $13.6M | $0 | $13.6M |
| Jan 2026 | $6.8M | $0 | $6.8M |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $6.1M | −$6.1M |
| Oct 2025 | $292.1M | $289.2M | $2.9M |
| Sep 2025 | $0 | $12.5M | −$12.5M |
| Aug 2025 | $0 | $24.4M | −$24.4M |
FNX Assets Under Management
Net assets of First Trust Mid Cap Core AlphaDEX Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.37B |
| 2026-04-30 | $1.33B |
| 2026-01-31 | $1.24B |
| 2025-10-31 | $1.16B |
| 2025-07-31 | $1.13B |
| 2025-04-30 | $1.06B |
| 2025-01-31 | $1.27B |
| 2024-10-31 | $1.23B |
| 2024-07-31 | $1.23B |
| 2024-04-30 | $1.13B |
| 2024-01-31 | $1.10B |
| 2023-10-31 | $933.96M |
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.