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FAB ETF · First Trust Multi Cap Value AlphaDEX Fund ETF
The FAB Exchange Traded Fund (ETF) is provided by First Trust. It is built to track an index: NASDAQ AlphaDEX Multi Cap Value Index. The FAB ETF provides physical exposure, so by buying it you actually own parts of all the 668 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
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This fund is part ofUS Multi-Factor1M perf.-4.17%
Last price
$93.20
1M perf.
-4.29%
1M flows
N/A
AuM
€113M
E/R
0.66%
Rating
ESG Consensus®
FAB
$93.20
Performance & flows
December 12, 2025 → March 12, 2026
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FAB
$93.20
+3.11%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -4.29% | +3.11% | +21.31% | +46.86% | +44.70% | -4.66% | +4.59% | +4.59% | |
| Flows |
Key fund info
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/12/2026
$93.20
1D NAV change
-0.96%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
668
Inception date
5/8/2007
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The First Trust Multi Cap Value AlphaDEX® Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the NASDAQ AlphaDEX® Multi Cap Value Index. The NASDAQ AlphaDEX® Multi Cap Value Index is an “enhanced” index created and administered by Nasdaq, Inc. (“Nasdaq”) which employs the AlphaDEX® stock selection methodology to select stocks that meet certain criteria from the three indices – NASDAQ US 500 Large Cap Index, NASDAQ US 600 Mid Cap Index and NASDAQ US 700 Small Cap Index.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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1M perf.
-6.00%
E/R
0.74%
SYLD
1M perf.
-4.13%
E/R
0.59%
PEY
1M perf.
-4.48%
E/R
0.54%
PAPI
1M perf.
-3.00%
E/R
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FTA
1M perf.
-3.20%
E/R
0.58%
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +3.11% | +21.31% | +46.86% | +44.70% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Countries
USA
93.70%
Bermuda
2.03%
Ireland
1.44%
Unavailable
1.94%
Other
0.89%
Sectors
Financials
19.83%
Energy
13.07%
Consumer Discretionary
11.76%
Industrials
10.28%
Utilities
9.53%
Health Care
6.73%
Information Technology
6.49%
Materials
5.79%
Unavailable
5.11%
Other
11.41%
Diversification
Total weight of top 15 holdings out of 668
Top 15 holdings
Data as of January 31, 2026
SCHLUMBERGER
CF INDUSTRIES HOLDINGS
EXXON
CHEVRON TEXACO
CONOCOPHILLIPS
OCCIDENTAL U
DEVON ENERGY
DIAMONDBACK ENERGY
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VERIZON COMMUNICATIONS
COTERRA ENERGY
PULTEGROUP
EOG RESOURCES
TARGET
LENNAR CORPORATION
IE00028FXN24
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about FAB ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
FAB’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
60.21% of holdings have positive scoring
40.69% of holdings have negative scoring
8.62%
33.49%
18.10%
6.52%
28.94%
5.24%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
NASDAQ AlphaDEX Multi Cap Value Total Return Index - USD
Index ticker
NQDXMLVT Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
First Trust
First Trust ID Card
Number of funds
401
Total AuM
€211.16B
Expense ratio range
0.15% - 13.69%
Average expense ratio
0.7991%
Top 5 funds by First Trust
| AuM | ||
|---|---|---|
RDVY | First Trust NASDAQ Rising Dividend Achievers ETF | €17.19B |
SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | €8.73B |
CIBR | First Trust NASDAQ Cybersecurity ETF | €8.53B |
BUFR | FT Vest Fund of Buffer ETF | €7.48B |
FVD | First Trust Value Line Dividend ETF - USD | €7.16B |
Frequently asked questions about FAB
What does First Trust Multi Cap Value AlphaDEX Fund ETF, FAB, invest in?
FAB is a Passive ETF. This ETF provides exposure to Other US Equities.
Which benchmark or index does FAB replicate?
FAB tracks the NASDAQ AlphaDEX Multi Cap Value Total Return Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of FAB?
FAB carries a total expense ratio (TER) of 0.66%, indicating the annual cost for holding the fund.
When was FAB launched?
FAB was introduced to the market on May 8, 2007. It trades on United States
Who is the ETF issuer of FAB?
First Trust Multi Cap Value AlphaDEX Fund ETF, FAB, is provided by First Trust. Learn more about First Trust here.
What is the current assets under management (AUM) of FAB?
FAB oversees €113M in assets as of March 12, 2026.
How has FAB performed lately?
Based on data from March 12, 2026, FAB returned -4.29% over the past month, 3.11% over the last three months and 4.59% year-to-date.
What are the latest inflows or outflows for FAB?
As of March 12, 2026, FAB recorded net flows of +€4M year-to-date.
Does FAB distribute dividends?
FAB follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 1.50%.
What are the main country or region exposures of FAB?
As of January 31, 2026, FAB has significant geographic allocations in USA, Bermuda and Ireland.
In which sector or theme does FAB invest in?
As of January 31, 2026, FAB focuses largely on Financials, Energy and Consumer Discretionary.
How many securities does FAB hold and how diversified is it?
As of January 31, 2026, FAB holds 668 positions in its portfolio, with 7.19% of assets concentrated in its top 15 holdings.
What are the main positions in FAB?
As of January 31, 2026, FAB top three holdings include SCHLUMBERGER, CF INDUSTRIES HOLDINGS and EXXON.
What is the base currency of FAB?
The base currency of FAB is USD.
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