FXL Performance — First Trust Technology AlphaDEX Fund
Data updated: 2026-10-13
FXL returned +18.87% year to date and +24.66% over one year to Jul 2026. Annualised returns are +18.68% over 3 years and +9.95% over 5 years. The fund trailed its Technology Equity category average: $100 invested three years ago grew to $167, against $198 for the category, and to $125 over one year, against $131. Volatility over the past three years was 21.30% a year. In the 12 months to Jul 2026 the fund took in a net $909.7M, and assets reached $2.57B.
FXL Growth of $100
What $100 invested in First Trust Technology AlphaDEX Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Technology Equity category average over the same months.
| Period | FXL | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $125 | $131 |
| 3 years (Aug 2023 – Jul 2026) | $167 | $198 |
| 5 years (Aug 2021 – Jul 2026) | $161 | $184 |
| Since data start (Aug 2019 – Jul 2026) | $292 | $339 |
FXL Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.87% |
| 1 year | +24.66% |
| 3 years (annualised) | +18.68% |
| 5 years (annualised) | +9.95% |
FXL Annual Returns
Calendar-year total returns of First Trust Technology AlphaDEX Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +18.87% |
| 2025 | +13.21% |
| 2024 | +16.02% |
| 2023 | +40.43% |
| 2022 | −30.42% |
| 2021 | +18.26% |
| 2020 | +54.10% |
| 2019 (Aug–Dec) | +4.90% |
FXL 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 | +1.0% | −2.3% | −4.2% | +16.8% | +14.0% | +2.6% | −8.0% | — | — | — | — | — |
| 2025 | +5.8% | −7.7% | −8.9% | +3.3% | +7.7% | +7.0% | +1.9% | +0.1% | +4.7% | +4.5% | −5.3% | +1.1% |
| 2024 | +1.7% | +4.6% | −1.1% | −5.8% | +3.0% | +4.3% | −0.9% | +0.8% | +1.8% | +0.6% | +10.1% | −3.2% |
| 2023 | +10.9% | +0.1% | +3.5% | −6.4% | +9.1% | +7.1% | +4.3% | −2.9% | −4.6% | −4.9% | +12.6% | +8.0% |
| 2022 | −11.1% | −2.2% | +1.1% | −10.2% | 0.0% | −9.7% | +10.9% | −6.3% | −11.3% | +6.4% | +5.8% | −6.0% |
| 2021 | −0.5% | +4.3% | −2.2% | +4.2% | +0.4% | +4.6% | +1.1% | +2.2% | −4.2% | +7.9% | −1.3% | +1.1% |
| 2020 | +1.1% | −7.1% | −12.9% | +16.6% | +13.2% | +6.6% | +7.1% | +4.4% | −2.7% | −1.0% | +16.3% | +6.9% |
| 2019 | — | — | — | — | — | — | — | −3.7% | −2.3% | +1.9% | +6.3% | +2.9% |
FXL Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 21.30%
- 3-year Sharpe ratio: 0.67 (vs 4.5% risk-free rate)
- Best month: +16.77% (Apr 2026)
- Worst month: −8.87% (Mar 2025)
FXL Fund Flows
Monthly money in and out of First Trust Technology AlphaDEX Fund, from SEC Form N-PORT.
- 12-month net flow: $909.7M
- 12-month gross sales (incl. reinvestments): $2.1B
- Sales ÷ redemptions: 1.76×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $851.4M | $831.7M | $19.6M |
| Jun 2026 | $980.9M | $11.0M | $969.9M |
| May 2026 | $10.3M | $0 | $10.3M |
| Apr 2026 | $0 | $17.2M | −$17.2M |
| Mar 2026 | $7.8M | $23.9M | −$16.1M |
| Feb 2026 | $0 | $16.5M | −$16.5M |
| Jan 2026 | $0 | $17.3M | −$17.3M |
| Dec 2025 | $0 | $8.4M | −$8.4M |
| Nov 2025 | $8.0M | $7.9M | $96K |
| Oct 2025 | $231.1M | $246.4M | −$15.3M |
| Sep 2025 | $24.8M | $8.4M | $16.5M |
| Aug 2025 | $0 | $16.0M | −$16.0M |
FXL Assets Under Management
Net assets of First Trust Technology AlphaDEX Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.57B |
| 2026-04-30 | $1.49B |
| 2026-01-31 | $1.41B |
| 2025-10-31 | $1.49B |
| 2025-07-31 | $1.37B |
| 2025-04-30 | $1.20B |
| 2025-01-31 | $1.49B |
| 2024-10-31 | $1.33B |
| 2024-07-31 | $1.34B |
| 2024-04-30 | $1.28B |
| 2024-01-31 | $1.33B |
| 2023-10-31 | $1.08B |
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.