# First Trust Mid Cap Value AlphaDEX Fund (FNK)

> Source: Nexqual · https://nexqual.com/FNK · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, First Trust Mid Cap Value AlphaDEX Fund (FNK), nexqual.com/FNK" · informational, not investment advice.

**Price:** USD 63.2 (+1.85% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 62.05 · day 61.91–63.21 · 52w 51.98–65.14 · market cap null · NGM

## Key facts
- Total return with dividends: 1Y +17.3% vs S&P 500 +14.9%; 5Y +46.5% vs S&P 500 +80.3%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +17.3% | +46.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +17.4% | +7.9% |
| Volatility (annualized) | 13.5% | 19.8% |
| Max drawdown | -9.1% (Feb 2026→Mar 2026) | -21.1% (Nov 2024→Mar 2025) |

## Peers
FYT (First Trust Small Cap Value Alp) USD 70.19 +2.55% · FNY (First Trust Mid Cap Growth Alph) USD 97.06 -1.69% · FTA (First Trust Large Cap Value Alp) USD 103.11 +1.99% · FYC (First Trust Small Cap Growth Al) USD 113.35 -1.07% · FAD (First Trust Multi Cap Growth Al) USD 176.58 -2.12%

## More
Full page: https://nexqual.com/FNK · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2027-02-19 | 119 | 19.8% | ±8.9% |
| 2027-05-21 | 210 | 18.9% | ±11.2% |