FNK vs IVOV
First Trust Mid Cap Value AlphaDEX Fund against Vanguard S&P Mid-Cap 400 Value ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
37%
131 shared positions
Fee gap
64 bp
IVOV is cheaper
1-year return gap
1.6 pts
FNK is ahead
Larger fund
IVOV
$1.3B
Side by side
| FNK | IVOV | |
|---|---|---|
| Fund | First Trust Mid Cap Value AlphaDEX Fund | Vanguard S&P Mid-Cap 400 Value ETF |
| Issuer | First Trust | Vanguard |
| Category | Multi-Factor | Mid Cap Value |
| Expense ratio | 0.74% | 0.10% |
| Assets | $217M | $1.3B |
| Average daily dollar volume | $830K | $4.4M |
| Listed | Apr 19, 2011 | Sep 7, 2010 |
| FrenzyCap score | 40 | 78 |
| 1-month return | −4.8% | −2.2% |
| 3-month return | −2.4% | −3.8% |
| Year to date | +8.2% | +7.8% |
| 1-year return | +9.0% | +7.3% |
| 30-day volatility | 11.9% | 11.1% |
| Worst drawdown, 1 year | −9.1% | −10.6% |
| Trailing 12-month yield | 1.63% | 1.69% |
| Holdings | 227 | 306 |
| Top 10 weight | 8.0% | 10.2% |
| Look-through P/E | 12.1 | 20.9 |
| Holdings vs fair value | +22.3% | +16.8% |
| Holdings above 200-day average | 38% | 42% |
| Net flow, latest 3 reported months | +$520K thru Jul 2026 | +$35M thru May 2026 |
| 30-day implied volatility | 21.3% | 15.8% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
57% of FNK · 49% of IVOV| Holding | FNK | IVOV |
|---|---|---|
| TOL | 0.73% | 0.78% |
| OVV | 0.73% | 0.92% |
| PR | 0.71% | 0.84% |
| ALLY | 0.64% | 0.71% |
| DINO | 0.61% | 0.65% |
| SNX | 0.57% | 1.16% |
| ARW | 0.55% | 0.65% |
| RRC | 0.54% | 0.55% |
| R | 0.52% | 0.59% |
| AR | 0.52% | 0.62% |
| CMC | 0.79% | 0.50% |
| JEF | 0.49% | 0.52% |
| WAL | 0.65% | 0.49% |
| AMH | 0.48% | 0.62% |
| ZION | 0.47% | 0.55% |
| CHRD | 0.58% | 0.45% |
| UGI | 0.56% | 0.45% |
| SSB | 0.44% | 0.56% |
| LEA | 0.59% | 0.43% |
| LAD | 0.82% | 0.42% |
| PB | 0.44% | 0.41% |
| AA | 0.41% | 1.19% |
| FAF | 0.82% | 0.40% |
| AGCO | 0.59% | 0.40% |
| VLY | 0.47% | 0.39% |
Sector mix of the stock holdings
| Sector | FNK | IVOV | Gap |
|---|---|---|---|
| Financials | 20.4% | 20.9% | −0.5% |
| Industrials | 14.2% | 22.6% | −8.4% |
| Consumer Discretionary | 14.8% | 12.0% | +2.8% |
| Real Estate | 8.6% | 9.4% | −0.8% |
| Materials | 8.0% | 9.7% | −1.7% |
| Energy | 8.8% | 5.7% | +3.1% |
| Technology | 5.5% | 7.3% | −1.8% |
| Utilities | 4.8% | 4.8% | +0.0% |
| Consumer Staples | 3.8% | 4.1% | −0.4% |
| Health Care | 2.3% | 2.2% | +0.2% |
| Other | 1.0% | 0.6% | +0.3% |
| Communication Services | 1.4% | 0.1% | +1.3% |
More: full overlap table · FNK holdings · IVOV holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.