# First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD (FEXD) **Page:** https://fundology.uk/fund/fexd · ISIN IE00BWTNMB87 ## 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 13/11/2026, FEXD (First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD, ISIN IE00BWTNMB87) closed at £76.20 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the five years to 13/11/2026 its total return was +60.3%, or +25.1% 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: **£76.20** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FEXD | | ISIN | IE00BWTNMB87 | | Category | US 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 | £33.5m | | Launched | 2015 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/06/2015 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +17.59% | +13.42% | income reinvested | | 3 years | +61.17% | +45.61% | income reinvested | | 5 years | +60.28% | +25.11% | income reinvested | Returns: as reported (delayed data). Inflation: UK 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 +19.3%, 2025 +4.7%; 2026 to 13/11/2026 +16.5%. 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: +14.6%; to 30/09/2025: +12.4%; to 30/09/2024: +16.4%; to 30/09/2023: +1.3%; to 30/09/2022: +4.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -3.0% | -11.2% | Price | | 2023 | +7.0% | +2.7% | Price | | 2024 | +19.3% | +15.2% | Price | | 2025 | +4.7% | +1.1% | Price | | 2026 to 13/11/2026 | +16.5% | +12.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 10.00% | -4.19% | | 3 years | 12.81% | -19.73% | | 5 years | 13.95% | -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 13/11/2026: 10.0% over 1 year, 12.8% over 3 years, 14.0% 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 November 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 13/11/2026 the price of First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD was 1.1% below its highest weekly close since November 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. Compared on 14/11/2026, 5 of the 254 other US share funds charge more, 7 the same and 242 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 (13/11/2026). | 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% | +17.6% | +61.2% | +60.3% | | First Trust Global Funds ICAV - First Trust US Large Cap Core AlphaDEX UCITS ETF Ptg.Shs Class B USD (this fund) | 0.65% | +17.6% | +61.2% | +60.3% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.65%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of FEXD?** The ongoing charge of FEXD 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. Platform and dealing fees are charged separately. 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. Compared on 14/11/2026, 5 of the 254 other US share funds charge more, 7 the same and 242 less (share classes counted once). **What does FEXD track?** FEXD tracks the NASDAQ AlphaDEX Large Cap Core Index. **Is FEXD accumulating or distributing?** FEXD is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of FEXD?** The ISIN of FEXD is IE00BWTNMB87. An ISIN identifies one exact share class of a fund; FEXD is its ticker on the London Stock Exchange. **What were FEXD’s returns in each of the last five years?** Calendar-year returns of FEXD in pounds (price only, income paid out not included): 2022 −3.0%, 2023 +7.0%, 2024 +19.3%, 2025 +4.7%; 2026 to 13/11/2026 +16.5%. Past performance is not a guide to future returns. **How has FEXD done after inflation?** Over the five years to 13/11/2026 FEXD’s total return was +60.3%, or +25.1% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.