FXZ Performance — First Trust Materials AlphaDEX Fund
Data updated: 2026-10-13
FXZ returned +19.06% year to date and +35.51% over one year to Jul 2026. Annualised returns are +5.76% over 3 years and +7.58% over 5 years. Against its Materials Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $118, against $133 for the category, and to $136 over one year, against $118. Volatility over the past three years was 18.36% a year. In the 12 months to Jul 2026 the fund took in a net $87.2M, and assets reached $368.16M.
FXZ Growth of $100
What $100 invested in First Trust Materials AlphaDEX Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Materials Equity category average over the same months.
| Period | FXZ | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $136 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $118 | $133 |
| 5 years (Aug 2021 – Jul 2026) | $144 | $147 |
| Since data start (Aug 2019 – Jul 2026) | $225 | $214 |
FXZ Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.06% |
| 1 year | +35.51% |
| 3 years (annualised) | +5.76% |
| 5 years (annualised) | +7.58% |
FXZ Annual Returns
Calendar-year total returns of First Trust Materials AlphaDEX Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +19.06% |
| 2025 | +16.09% |
| 2024 | −16.20% |
| 2023 | +16.09% |
| 2022 | −0.79% |
| 2021 | +30.89% |
| 2020 | +22.22% |
| 2019 (Aug–Dec) | +5.49% |
FXZ 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 | +10.9% | +10.0% | −3.2% | +4.8% | +3.7% | −3.9% | −3.5% | — | — | — | — | — |
| 2025 | +5.2% | −3.5% | −3.5% | −3.7% | +1.5% | +5.5% | +1.1% | +7.2% | +0.5% | −2.5% | +4.9% | +3.3% |
| 2024 | −4.2% | +2.1% | +6.1% | −5.7% | +3.4% | −6.5% | +3.7% | −2.3% | +2.4% | −2.4% | +0.4% | −12.9% |
| 2023 | +16.4% | −2.3% | −4.9% | −3.9% | −8.1% | +12.1% | +6.2% | −2.5% | −4.6% | −5.1% | +7.1% | +8.1% |
| 2022 | −5.3% | +10.7% | +10.0% | −2.6% | +2.2% | −20.2% | +9.6% | −2.9% | −13.3% | +10.5% | +12.4% | −5.6% |
| 2021 | −1.1% | +7.7% | +7.9% | +4.8% | +7.1% | −6.8% | +0.8% | +1.2% | −4.3% | +7.4% | −3.9% | +8.0% |
| 2020 | −7.9% | −8.7% | −18.3% | +15.3% | +6.3% | +3.7% | +3.3% | +5.9% | −0.7% | +3.3% | +17.2% | +6.3% |
| 2019 | — | — | — | — | — | — | — | −7.8% | +5.8% | +1.0% | +4.7% | +2.3% |
FXZ Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.36%
- 3-year Sharpe ratio: 0.07 (vs 4.5% risk-free rate)
- Best month: +10.87% (Jan 2026)
- Worst month: −12.93% (Dec 2024)
FXZ Fund Flows
Monthly money in and out of First Trust Materials AlphaDEX Fund, from SEC Form N-PORT.
- 12-month net flow: $87.2M
- 12-month gross sales (incl. reinvestments): $228.1M
- Sales ÷ redemptions: 1.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $11.5M | $23.1M | −$11.6M |
| Jun 2026 | $8.5M | $41.3M | −$32.8M |
| May 2026 | $49.1M | $4.0M | $45.1M |
| Apr 2026 | $23.6M | $7.9M | $15.7M |
| Mar 2026 | $41.0M | $25.4M | $15.6M |
| Feb 2026 | $34.8M | $0 | $34.8M |
| Jan 2026 | $50.6M | $0 | $50.6M |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $5.9M | $17.8M | −$11.9M |
| Oct 2025 | $0 | $3.1M | −$3.1M |
| Sep 2025 | $3.1M | $3.1M | $19K |
| Aug 2025 | $0 | $15.1M | −$15.1M |
FXZ Assets Under Management
Net assets of First Trust Materials AlphaDEX Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $368.16M |
| 2026-04-30 | $383.42M |
| 2026-01-31 | $283.59M |
| 2025-10-31 | $207.34M |
| 2025-07-31 | $215.70M |
| 2025-04-30 | $210.86M |
| 2025-01-31 | $263.01M |
| 2024-10-31 | $333.51M |
| 2024-07-31 | $379.86M |
| 2024-04-30 | $406.95M |
| 2024-01-31 | $436.04M |
| 2023-10-31 | $457.59M |
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.