First Trust Mid Cap Growth AlphaDEX Fund (FNY) Performance
FNY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +5.9% since Dec 31, 2025
- 1 year
- +4.0% total return
- 5 years
- +5.3% a year
- 10 years
- +12.7% a year
- Since first price
- +10.8% a year since 2011
FNY trailing returns vs SPY, QQQ, AGG
| Period | FNY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.1% | −3.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.6% | −6.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.6% | −3.6% | +7.8% | +8.4% | −1.5% |
| YTD | +5.9% | +5.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.0% | +4.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.8%+19.5%/yr | +69.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +29.2%+5.3%/yr | +27.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +229.3%+12.7%/yr | +221.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +453.1%+12.1%/yr | +426.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 20, 2011 | +393.2%+10.8%/yr | +369.3% | — | — | — |
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: FNY vs SPY
From Apr 20, 2011: FNY grew to $49,319, SPY to $74,895.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FNY returns by calendar year
11 of 14 full years positive. Best 2020 (+37.0%), worst 2022 (−23.8%). 2026 is year to date.
FNY annual returns table
| Year | FNY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +5.9% | −13.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.0% | −23.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.1% | −9.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +21.1% | −17.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −23.8% | −29.0% | −18.2% | −32.6% | −13.0% |
| 2021 | +13.5% | −13.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +37.0% | −38.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +32.5% | −7.9% | +31.2% | +39.0% | +8.5% |
| 2018 | −7.5% | −29.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +25.1% | −4.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +9.5% | −10.9% | +12.0% | +7.1% | +2.4% |
| 2015 | −1.4% | −12.6% | +1.2% | +9.4% | +0.5% |
| 2014 | +4.9% | −12.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +36.6% | −8.5% | +32.3% | +36.6% | −2.0% |
| 2012 | +11.1% | −12.4% | +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.
FNY largest drawdowns
Now 12.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −38.9% | Mar 23, 2020 | Aug 3, 2020 | 33 days | 5 months |
| Nov 8, 2021 | −33.9% | Sep 26, 2022 | Sep 19, 2024 | 11 months | 2.9 years |
| Sep 14, 2018 | −29.0% | Dec 24, 2018 | Jul 24, 2019 | 3 months | 10 months |
| Jul 7, 2011 | −25.7% | Oct 3, 2011 | Jan 4, 2013 | 3 months | 1.5 years |
| Nov 25, 2024 | −25.0% | Apr 8, 2025 | Aug 28, 2025 | 4 months | 9 months |
| Jun 23, 2015 | −19.9% | Feb 8, 2016 | Sep 2, 2016 | 8 months | 1.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FNY risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +17.9% | +6.8% | +12.6% | +10.9% |
| Volatility (annualized) | 19.5% | 21.3% | 20.4% | 18.3% |
| Sharpe ratio | 0.72 | 0.25 | 0.57 | 0.58 |
| Sortino ratio | 1.19 | 0.37 | 0.88 | 0.89 |
| Best month | +11.2% | +12.1% | +14.1% | +14.1% |
| Worst month | −8.8% | −11.7% | −17.2% | −17.2% |
| Best 12 months | +42.4% | +42.4% | +84.5% | +84.5% |
| Worst 12 months | −0.4% | −25.5% | −27.5% | −27.5% |
| Positive months | 64% | 57% | 64% | 63% |
| Beta vs S&P 500 | 1.32 | 1.20 | 1.17 | — |
| Correlation with S&P 500 | 0.84 | 0.88 | 0.88 | — |
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.
FNY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 175 | −27.5% | +12.7% | +84.5% | 78% |
| 3-year (a year) | 151 | −0.6% | +12.1% | +27.2% | 99% |
| 5-year (a year) | 127 | +3.8% | +10.9% | +21.3% | 100% |
| 10-year (a year) | 67 | +8.1% | +11.7% | +16.0% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
FNY performance overview
First Trust Mid Cap Growth AlphaDEX Fund (FNY) returned +4.0% over the past year and +12.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +10.8% a year, turning $10,000 into about $49,319. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −38.9%, from Feb 19, 2020 to Mar 23, 2020, and it took 4 months to get back to the old high. FNY finished 11 of its 14 full calendar years with a gain; the best year was 2020 (+37.0%) and the worst 2022 (−23.8%). Volatility has been 18.3% a year.
Related: FNY chart, FNY holdings, FNY valuation. See the FNY overview for the latest quote and fund facts.
FNY performance FAQ
What is the FNY return over the past year?
FNY returned +4.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.0%.
What is the average annual return of FNY?
FNY has returned +5.3% a year over 5 years, +12.7% a year over 10 years, +10.8% a year since April 20, 2011 (total return, distributions reinvested).
How much would $10,000 invested in FNY be worth?
$10,000 invested in FNY at its first recorded close on April 20, 2011 would be worth about $49,319 on October 23, 2026 with distributions reinvested.
What was the worst year for FNY?
The worst calendar year was 2022, with a total return of −23.8%. The best was 2020 at +37.0%.
What is the biggest drawdown of FNY?
The largest peak-to-trough decline was −38.9% between February 19, 2020 and March 23, 2020. It recovered to the old high on August 3, 2020, 4 months after the bottom.
How volatile is FNY?
Over the past 3 years FNY had an annualized volatility of 19.5% and a Sharpe ratio of 0.72 (excess return over 1–3 month T-bills per unit of risk).