First Trust Latin America AlphaDEX Fund (FLN) Performance
FLN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +26.2% since Dec 31, 2025
- 1 year
- +37.6% total return
- 5 years
- +15.5% a year
- 10 years
- +8.1% a year
- Since first price
- +3.2% a year since 2011
FLN trailing returns vs SPY, QQQ, AGG
| Period | FLN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.1% | +6.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.9% | +8.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.6% | +2.9% | +7.8% | +8.4% | −1.5% |
| YTD | +26.2% | +23.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +37.6% | +32.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +82.4%+22.2%/yr | +61.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +105.2%+15.5%/yr | +61.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +118.4%+8.1%/yr | +41.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +108.0%+5.0%/yr | +16.7% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 20, 2011 | +62.7%+3.2%/yr | −8.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FLN vs SPY
From Apr 20, 2011: FLN grew to $16,274, SPY to $74,895.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FLN returns by calendar year
7 of 14 full years positive. Best 2025 (+55.0%), worst 2015 (−29.2%). 2026 is year to date.
FLN annual returns table
| Year | FLN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +26.2% | −13.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +55.0% | −10.3% | +17.7% | +20.8% | +7.2% |
| 2024 | −23.1% | −24.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +29.7% | −14.2% | +26.2% | +54.9% | +5.7% |
| 2022 | +2.7% | −25.9% | −18.2% | −32.6% | −13.0% |
| 2021 | −6.9% | −20.0% | +28.7% | +27.4% | −1.8% |
| 2020 | −12.3% | −57.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.2% | −14.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −8.3% | −23.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.5% | −16.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +42.7% | −12.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −29.2% | −34.8% | +1.2% | +9.4% | +0.5% |
| 2014 | −16.6% | −30.0% | +13.5% | +19.2% | +6.0% |
| 2013 | −11.5% | −22.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.6% | −22.5% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FLN largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 26, 2011 | −57.9% | Jan 20, 2016 | Jan 13, 2020 | 4.7 years | 8.7 years |
| Jan 23, 2020 | −57.7% | Mar 18, 2020 | Dec 14, 2023 | 55 days | 3.9 years |
| Apr 9, 2024 | −25.2% | Jan 3, 2025 | Jun 30, 2025 | 9 months | 1.2 years |
| Apr 13, 2026 | −13.1% | Jun 8, 2026 | Oct 6, 2026 | 56 days | 6 months |
| Feb 25, 2026 | −11.4% | Mar 20, 2026 | Apr 9, 2026 | 23 days | 43 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FLN risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +16.4% | +12.4% | +8.2% | +2.6% |
| Volatility (annualized) | 19.4% | 22.3% | 26.0% | 26.0% |
| Sharpe ratio | 0.65 | 0.48 | 0.35 | 0.18 |
| Sortino ratio | 1.17 | 0.75 | 0.51 | 0.26 |
| Best month | +14.1% | +14.1% | +18.7% | +18.7% |
| Worst month | −6.7% | −17.7% | −37.5% | −37.5% |
| Best 12 months | +70.5% | +70.5% | +70.5% | +70.5% |
| Worst 12 months | −23.1% | −23.1% | −37.4% | −42.4% |
| Positive months | 61% | 58% | 54% | 50% |
| Beta vs S&P 500 | 0.45 | 0.74 | 0.95 | — |
| Correlation with S&P 500 | 0.29 | 0.52 | 0.56 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FLN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 175 | −42.4% | +3.5% | +70.5% | 56% |
| 3-year (a year) | 151 | −21.3% | +1.5% | +24.9% | 57% |
| 5-year (a year) | 127 | −11.8% | +1.6% | +15.9% | 64% |
| 10-year (a year) | 67 | −1.5% | +1.8% | +12.2% | 69% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
FLN performance overview
First Trust Latin America AlphaDEX Fund (FLN) returned +37.6% over the past year and +8.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +3.2% a year, turning $10,000 into about $16,274. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.9%, from Apr 26, 2011 to Jan 20, 2016, and it took 4.0 years to get back to the old high. FLN finished 7 of its 14 full calendar years with a gain; the best year was 2025 (+55.0%) and the worst 2015 (−29.2%). Volatility has been 26.0% a year.
Related: FLN chart, FLN holdings, FLN dividends. See the FLN overview for the latest quote and fund facts.
FLN performance FAQ
What is the FLN return over the past year?
FLN returned +37.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 32.4%.
What is the average annual return of FLN?
FLN has returned +15.5% a year over 5 years, +8.1% a year over 10 years, +3.2% a year since April 20, 2011 (total return, distributions reinvested).
How much would $10,000 invested in FLN be worth?
$10,000 invested in FLN at its first recorded close on April 20, 2011 would be worth about $16,274 on October 23, 2026 with distributions reinvested.
What was the worst year for FLN?
The worst calendar year was 2015, with a total return of −29.2%. The best was 2025 at +55.0%.
What is the biggest drawdown of FLN?
The largest peak-to-trough decline was −57.9% between April 26, 2011 and January 20, 2016. It recovered to the old high on January 13, 2020, 4.0 years after the bottom.
How volatile is FLN?
Over the past 3 years FLN had an annualized volatility of 19.4% and a Sharpe ratio of 0.65 (excess return over 1–3 month T-bills per unit of risk).