# First Trust Alternative Opportunities Fund (VFLEX)

> Source: Nexqual · https://nexqual.com/VFLEX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, First Trust Alternative Opportunities Fund (VFLEX), nexqual.com/VFLEX" · informational, not investment advice.

**Price:** USD 27.69 (+0.04% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 27.68 · day 27.69–27.69 · 52w 27.18–28.09 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +8.1% vs S&P 500 +13.4%; 5Y +43.3% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +8.1% | +43.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +8.1% | +7.5% |
| Volatility (annualized) | 2.0% | 2.2% |
| Max drawdown | -1.3% (Sep 2026→Oct 2026) | -2.2% (Apr 2022→Jul 2022) |

## Peers
CCLFX (Cliffwater Corporate Lending Fu) USD 10.19 +0.00% · VARBX (Vivaldi Merger Arbitrage Fund -) USD 10.88 -0.00% · BUFR (FT Vest Laddered Buffer ETF) USD 37.5 -0.27% · RDVI (FT Vest Rising Dividend Achieve) USD 27.81 -1.17% · PIIVX (Sharespost 100 Fund - Class I) USD 52.19 +0.00%

## More
Full page: https://nexqual.com/VFLEX · 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