ATLASFirst Trust Multi Cap Growth AlphaDEX Fund (FAD): outlook, holdings and fees
First Trust Multi Cap Growth AlphaDEX Fund (FAD) is an exchange-traded fund and is managed by First Trust. The expense ratio is 0.63% and the yield is 0.08%. The ten largest holdings are 5% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FAD
| Last price | $176.89 (-2.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $171.38 – $184.06 |
| Normal 1-day range (±1σ) | ±1.2% |
| Distribution yield | 0.08% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FAD fund facts
| Issuer | First Trust |
|---|---|
| Theme | US growth |
| Assets under management | $603M |
| Expense ratio | 0.63% |
| Number of holdings | 50 |
| Portfolio turnover | 122% |
| Inception | May 8, 2007 |
| Exchange | NASDAQ |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select growth stocks from the NASDAQ US 500 Large Cap Index TM, NASDAQ US 600 Mid Cap Index TM and NASDAQ US 700 Small Cap Index TM that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
FAD top holdings
| Holding | Sector | Weight |
|---|---|---|
| Everpure, Inc. P | Technology | 0.54% |
| Hewlett Packard Enterprise Co HPE | Technology | 0.49% |
| NetApp Inc NTAP | Technology | 0.48% |
| Okta Inc OKTA | Technology | 0.51% |
| Quanta Services Inc PWR | Industrials | 0.46% |
| Fortinet Inc FTNT | Technology | 0.49% |
| Dell Technologies Inc DELL | Technology | 0.49% |
| Snowflake Inc. SNOW | Technology | 0.47% |
| Datadog Inc DDOG | Technology | 0.47% |
| Arista Networks ANET | Technology | 0.49% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FAD sector breakdown
| Sector | Weight |
|---|---|
| Technology | 31.6% |
| Healthcare | 20.9% |
| Industrials | 16.7% |
| Financial Services | 9.1% |
| Consumer Cyclicals | 8.4% |
| Real Estate | 3.6% |
| Basic Materials | 3.2% |
| Communication Services | 2.7% |
| Consumer Defensive | 2.0% |
| Energy | 1.6% |
| Utilities | 0.2% |
By region: North America 99.2%, Europe Developed 0.5%, United Kingdom 0.3%, Asia Developed 0.1%.
FAD returns and risk
| Year to date | +12.7% |
|---|---|
| 1 year | +15.9% |
| 3 years (annualised) | +23.7% |
| 5 years (annualised) | +9.9% |
| 10 years (annualised) | +14.6% |
| Volatility (3 years) | 17.4% |
| Sharpe ratio (3 years) | 0.92 |
Past returns do not guarantee future results.
FAD: frequently asked questions
What does FAD invest in?
First Trust Multi Cap Growth AlphaDEX Fund invests in a portfolio of securities. Its largest holdings are Everpure, Inc. (0.5%), Hewlett Packard Enterprise Co (0.5%), NetApp Inc (0.5%), Okta Inc (0.5%), Quanta Services Inc (0.5%).
What is the FAD expense ratio?
0.63% a year: about $63.00 for every $10,000 invested.
What is the FAD dividend yield?
0.08%. ATLAS does not hold the exact distribution dates for ETFs.
Will FAD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $171.38 to $184.06 from $176.89 today. It is a probability, not a prediction.
How has FAD performed?
Year to date +12.7%, one year +15.9%, three years +23.7% a year, five years +9.9% a year. Past returns do not guarantee future results.
Similar ETFs: US growth
Educational information, not investment advice. Disclaimer