FXZ vs SLX
First Trust Materials AlphaDEX Fund against VanEck Steel ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
15%
4 shared positions
Fee gap
9 bp
SLX is cheaper
1-year return gap
14.5 pts
SLX is ahead
Larger fund
FXZ
$350M
Side by side
| FXZ | SLX | |
|---|---|---|
| Fund | First Trust Materials AlphaDEX Fund | VanEck Steel ETF |
| Issuer | First Trust | VanEck |
| Category | Materials | Metals & Mining |
| Expense ratio | 0.64% | 0.55% |
| Assets | $350M | $159M |
| Average daily dollar volume | $3.9M | $1.2M |
| Listed | May 8, 2007 | Oct 10, 2006 |
| FrenzyCap score | 42 | 46 |
| 1-month return | −7.0% | −4.4% |
| 3-month return | +1.5% | +4.5% |
| Year to date | +20.1% | +22.3% |
| 1-year return | +22.5% | +37.1% |
| 30-day volatility | 21.3% | 20.1% |
| Worst drawdown, 1 year | −12.8% | −16.4% |
| Trailing 12-month yield | 1.32% | 1.27% |
| Holdings | 40 | 41 |
| Top 10 weight | 44.7% | 56.9% |
| Look-through P/E | 260.1 | — |
| Holdings vs fair value | +17.6% | +3.5% |
| Holdings above 200-day average | 45% | 65% |
| Net flow, latest 3 reported months | +$731K thru Jul 2026 | +$13M thru Jun 2026 |
| 30-day implied volatility | 31.1% | 28.8% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of Oct 8, 2026issuer data |
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
16% of FXZ · 19% of SLX
Sector mix of the stock holdings
| Sector | FXZ | SLX | Gap |
|---|---|---|---|
| Materials | 71.2% | 55.1% | +16.2% |
| Industrials | 13.1% | 4.9% | +8.1% |
| Consumer Staples | 2.7% | 0.0% | +2.7% |
| Consumer Discretionary | 2.6% | 0.0% | +2.6% |
| Financials | 2.5% | 0.0% | +2.5% |
More: full overlap table · FXZ holdings · SLX 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.