First Trust Mid Cap Core AlphaDEX Fund Price & Performance (FNX)

U.S. retail sales ticked higher by just 0.1% in April, suggesting that consumer demand remains sluggish. This marginal increase follows a period of mixed economic signals and may influence expectations for future interest rate decisions. Analysts are watching closely for signs of stronger spending as the year progresses.1

The First Trust Mid Cap Core AlphaDEX ETF, with over $1 billion in assets, offers broad exposure to mid-cap stocks, heavily weighted in financials. Despite its diversification, FNX is down over 12% year-to-date and 3% over the past year, reflecting broader mid-cap market challenges in 2025.2

Shares of the First Trust Mid Cap Growth AlphaDEX Fund (FNY) slipped 0.3%, with trading volume down 38% from the average. Institutional investors have recently adjusted their positions, signaling shifting sentiment toward mid-cap growth strategies amid ongoing market volatility and uncertain economic outlooks.3