# First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD (FEXD) **Source:** https://fundology.uk/fund/fexd · ISIN IE00BWTNMB87 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, FEXD (First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD, ISIN IE00BWTNMB87) closed at £73.91 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the five years to 30/09/2026 its total return was +66.2%, or +30.0% after UK CPIH inflation. ## Summary First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD is an exchange-traded fund (ETF) from First Trust, launched in 2015. It tracks the NASDAQ AlphaDEX Large Cap Core Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£73.91** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FEXD | | ISIN | IE00BWTNMB87 | | Category | Global shares | | Type | ETF | | Provider | First Trust | | Tracks | NASDAQ AlphaDEX Large Cap Core Index | | Income | Distributing | | Ongoing charge | 0.65% a year (£65 per £10,000) | | Fund size | £25.0m | | Launched | 2015 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +16.80% | +13.14% | income reinvested | | 3 years | +55.57% | +40.39% | income reinvested | | 5 years | +66.24% | +29.95% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD in pounds (price only, income paid out not included): 2022 −3.0%, 2023 +7.0%, 2024 +17.8%, 2025 +6.0%; 2026 to 30/09/2026 +13.0%. Returns of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +16.1%; to 30/09/2025: +10.9%; to 30/09/2024: +16.4%; to 30/09/2023: +1.3%; to 30/09/2022: +2.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -3.0% | -11.2% | Price | | 2023 | +7.0% | +2.7% | Price | | 2024 | +17.8% | +13.8% | Price | | 2025 | +6.0% | +2.4% | Price | | 2026 to 30/09/2026 | +13.0% | +9.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 10.43% | -4.11% | | 3 years | 13.00% | -19.73% | | 5 years | 13.94% | -19.73% | ## Largest fall Volatility of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD in pounds, annualised from weekly returns to 30/09/2026: 10.4% over 1 year, 13.0% over 3 years, 13.9% over 5 years. Largest fall in the price of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD since October 2021, in pounds: −19.7% from 22/11/2024 to 11/04/2025. The lowest 12-month return of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD in pounds (price only, income paid out not included) since January 2021 was −8.7% (12 months to 18/08/2023); the highest was +32.5% (12 months to 22/11/2024). On 30/09/2026 the price of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD was 4.1% below its highest weekly close since October 2021 (26/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD 0.65% a year, as of 01/10/2026: 14 of the 211 other global share funds charge more, 6 the same and 191 less (share classes counted once). ## Funds tracking the same index 2 funds track NASDAQ AlphaDEX Large Cap Core Index, this one included and share classes counted once; their ongoing charges range from 0.65% to 0.65% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Accum.Shs Class A USD | 0.65% | +16.8% | +55.6% | +66.2% | | First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD (this fund) | 0.65% | +16.8% | +55.6% | +66.2% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.65%** per year - ISA eligible: yes - SIPP eligible: yes --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.