FXH Fees and Costs — First Trust Health Care AlphaDEX Fund
Data updated: 2026-10-13
The net expense ratio is 0.61%: a 0.50% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $390K in broker commissions, 0.0424% of average net assets, and portfolio turnover was 109%.
FXH Fees and Expenses
Annual operating expenses and sales charges of FXH. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.61% |
| Fee waiver | — |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
FXH Costs Over Time
On $10,000 invested in FXH, assuming 5% a year before costs, total costs come to $411 over 5 years, cutting the return by 0.69% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $225 | $411 |
| Value after costs | $10,431 | $11,351 | $12,352 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
FXH Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0424%
- Total broker commissions: $390K
- Bought from dealers (principal trades, not a cost): $281.7M
- Portfolio turnover (prospectus): 109%
FXH Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $120K | 30.82% |
| OLD MISSION MARKETS LLC | $115K | 29.57% |
| MIZUHO SECURITIES USA LLC | $86K | 22.03% |
| BOFA SECURITIES, INC. | $65K | 16.61% |
| GOLDMAN SACHS & CO. LLC | $3K | 0.74% |
| CANTOR FITZGERALD & CO. | $674 | 0.17% |
| BTIG, LLC | $234 | 0.06% |
FXH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $91.0M | 32.29% |
| CITADEL SECURITIES LLC | $68.6M | 24.36% |
| RBC CAPITAL MARKETS, LLC | $64.0M | 22.71% |
| VIRTU AMERICAS LLC | $29.4M | 10.43% |
| Jane Street Execution Services, LLC | $28.7M | 10.21% |
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.