First Trust Technology AlphaDEX® Fund

10-Year Study

FXL.US · · US · ETF

Executive Summary: First Trust Technology AlphaDEX® Fund has compounded at 18.7% annually over the last 10 years, with a maximum drawdown of 34.4% and an annualized volatility of 17.6%.

1Y CAGR
+23.0%
3Y CAGR
+19.0%
5Y CAGR
+8.8%
10Y CAGR
+18.7%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
34.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.80
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.32
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
20.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · +54.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -30.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
90%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.8-2.3-4.111.8————————5.6%
20255.7-7.7-8.73.27.77.11.80.14.84.6-5.41.313.3%
20241.94.3-0.8-5.82.94.3-0.70.71.80.610.1-3.316.1%
202310.90.33.4-6.49.27.04.4-2.9-4.7-4.912.67.940.5%
2022-11.1-2.21.2-10.30.0-9.610.8-6.2-11.36.35.7-6.0-30.4%
2021-0.34.0-2.04.10.34.61.12.2-4.27.9-1.31.018.2%
20201.1-7.2-12.716.413.36.67.14.6-2.7-1.016.26.954.2%
201912.47.80.67.0-9.88.04.1-3.7-2.21.96.42.838.7%
20188.20.3-1.2-1.65.4-1.30.511.80.5-12.72.4-7.22.7%
20173.84.42.41.55.0-2.73.73.52.86.71.4-1.135.8%
2016———-3.85.6-1.35.63.22.6-1.94.80.616.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 17.6%. The dominant macroeconomic risk driver is VTI.US, accounting for 60.5% of variance. Idiosyncratic stock-specific factors contribute 7.9%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019617.708753403544
2016-05-0110160.806784895916
2016-06-0110026.102967610437
2016-07-0110585.300434215831
2016-08-0110925.701888479369
2016-09-0111213.61605817054
2016-10-0111006.13654196638
2016-11-0111534.010447439252
2016-12-0111604.097696999252
2017-01-0112048.06697365007
2017-02-0112580.817601215429
2017-03-0112881.611318997022
2017-04-0113074.710757236147
2017-05-0113724.471453982185
2017-06-0113350.526904813263
2017-07-0113838.292897179315
2017-08-0114322.995307718036
2017-09-0114725.23109723121
2017-10-0115713.67389109279
2017-11-0115928.562273552849
2017-12-0115760.534188635362
2018-01-0117059.555405502568
2018-02-0117108.69775889611
2018-03-0116903.18768815238
2018-04-0116629.778640582455
2018-05-0117526.84541728798
2018-06-0117293.638065942036
2018-07-0117382.763288286176
2018-08-0119435.73824506779
2018-09-0119527.92704923926
2018-10-0117044.675150912666
2018-11-0117450.380915760878
2018-12-0116189.37312238384
2019-01-0118194.95634395896
2019-02-0119618.271452106525
2019-03-0119730.967497897695
2019-04-0121107.703657854174
2019-05-0119030.28256853201
2019-06-0120549.19393410798
2019-07-0121398.462582099302
2019-08-0120598.58637581396
2019-09-0120139.017840674987
2019-10-0120525.404283387576
2019-11-0121839.149449649405
2019-12-0122447.926924195108
2020-01-0122698.484152216246
2020-02-0121068.314748645615
2020-03-0118383.33536530087
2020-04-0121391.522631429223
2020-05-0124226.39869703989
2020-06-0125814.209392691795
2020-07-0127643.69918127339
2020-08-0128919.08705261545
2020-09-0128145.188769784327
2020-10-0127854.211018265825
2020-11-0132367.586053825256
2020-12-0134614.97341248629
2021-01-0134509.717493990065
2021-02-0135899.645812427516
2021-03-0135175.29627649763
2021-04-0136620.931766530055
2021-05-0136744.7567422246
2021-06-0138431.85249791333
2021-07-0138843.56038225998
2021-08-0139704.145526389
2021-09-0138042.52751752963
2021-10-0141061.281014858374
2021-11-0140516.36984310084
2021-12-0140913.32251701382
2022-01-0136388.72476843385
2022-02-0135592.28727644449
2022-03-0136031.28604788566
2022-04-0132327.32183552317
2022-05-0132327.32183552317
2022-06-0129210.096065173013
2022-07-0132379.09011619728
2022-08-0130358.50159587604
2022-09-0126928.94678433322
2022-10-0128631.01657772901
2022-11-0130264.781000790903
2022-12-0128459.487256437427
2023-01-0131552.54824359852
2023-02-0131642.705080231455
2023-03-0132725.58747307643
2023-04-0130625.595913556972
2023-05-0133456.68939344206
2023-06-0135803.61190045234
2023-07-0137375.323160991225
2023-08-0136292.253201911924
2023-09-0134599.99937477921
2023-10-0132917.37394767527
2023-11-0137063.93195097019
2023-12-0139984.65082982428
2024-01-0140724.599624242306
2024-02-0142485.4401710604
2024-03-0142129.18936999628
2024-04-0139685.54520815163
2024-05-0140816.75716737473
2024-06-0142579.160766145535
2024-07-0142263.54931585216
2024-08-0142547.14946215382
2024-09-0143330.11344631073
2024-10-0143600.427651014266
2024-11-0147996.01109141664
2024-12-0146435.52254389832
2025-01-0149089.42845442296
2025-02-0145300.80934830111
2025-03-0141340.28578841903
2025-04-0142643.77733387102
2025-05-0145924.43581639766
2025-06-0149188.71351445979
2025-07-0150090.06305351576
2025-08-0150127.23242895148
2025-09-0152515.41950751359
2025-10-0154922.51951470363
2025-11-0151946.468596723214
2025-12-0152606.07652077139
2026-01-0153028.10054800601
2026-02-0151793.28950535658
2026-03-0149664.412745750844
2026-04-0155532.10977626474
Annual Return Matrix
YearAnnual Return
20170.35818696120689664
20180.027209669965229333
20190.3865840730520955
20200.5420120320855615
20210.18195446893671718
2022-0.30439559767842017
20230.40496736534773303
20240.16133370131276403
20250.13288434454548637
20260.05562158307582599
Total Factor Risk
0.1757159390118558
VTI.US Exposure
0.6049520035375312
VEA.US Exposure
-0.040804003345951245
VWO.US Exposure
0.014510801355305938
QQQ.US Exposure
0.2759289259410525
VTV.US Exposure
-0.11152735076745215
IJR.US Exposure
0.2477678132450463
QUAL.US Exposure
-0.09487490619951064
SHV.US Exposure
0.008203364573886143
TLT.US Exposure
-0.013979445564282296
LQD.US Exposure
0.08681172381796912
HYG.US Exposure
-0.0015624758291912229
GLD.US Exposure
0.008125733632272815
USO.US Exposure
-0.001720360885872786
VNQ.US Exposure
-0.038545815042637786
BTC-USD.CC Exposure
0.001953631590447151
CPER.US Exposure
-0.0012905381950111632
VIX.INDX Exposure
-0.011498580826923805
UUP.US Exposure
-0.0021089522065679874
TIP.US Exposure
-0.009652664463929476
Idiosyncratic Exposure
0.07931109563381922
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
17.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+7.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.33
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is First Trust Technology AlphaDEX® Fund a high-risk investment?

First Trust Technology AlphaDEX® Fund (FXL.US) has an annualized volatility of 17.6% and experienced a maximum drawdown of 34.4% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of FXL.US?

Over the past 10 years, FXL.US has generated a Compound Annual Growth Rate (CAGR) of 18.7%. It has had a positive return in 90% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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