# First Trust United Kingdom AlphaDEX UCITS ETF (FKU) **Page:** https://fundology.uk/fund/fku · ISIN IE00B8X9NZ57 ## 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, FKU (First Trust United Kingdom AlphaDEX UCITS ETF, ISIN IE00B8X9NZ57) closed at £46.07 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 +60.8%, or +25.5% after UK CPIH inflation. ## Summary First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP is an exchange-traded fund (ETF) from First Trust, launched in 2013. It tracks the NASDAQ AlphaDEX United Kingdom Net Total Return Index - GBP. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£46.07** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FKU | | ISIN | IE00B8X9NZ57 | | Category | UK shares | | Type | ETF | | Provider | First Trust | | Tracks | NASDAQ AlphaDEX United Kingdom Net Total Return Index - GBP | | Income | Accumulating | | Ongoing charge | 0.65% a year (£65 per £10,000) | | Fund size | £8.4m | | Launched | 2013 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 09/04/2013 | ## 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 | +18.79% | +14.59% | income reinvested | | 3 years | +76.71% | +59.65% | income reinvested | | 5 years | +60.77% | +25.49% | 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 United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP in pounds (price, with income reinvested in the fund): 2022 −13.9%, 2023 +14.0%, 2024 +10.7%, 2025 +27.6%; 2026 to 13/11/2026 +14.4%. Returns of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.5%; to 30/09/2025: +18.6%; to 30/09/2024: +22.6%; to 30/09/2023: +19.2%; to 30/09/2022: −19.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -13.9% | -21.2% | Price | | 2023 | +14.0% | +9.5% | Price | | 2024 | +10.7% | +7.0% | Price | | 2025 | +27.6% | +23.2% | Price | | 2026 to 13/11/2026 | +14.4% | +10.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 15.00% | -11.60% | | 3 years | 13.21% | -11.60% | | 5 years | 15.07% | -24.37% | ## Largest fall Volatility of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP in pounds, annualised from weekly returns to 13/11/2026: 15.0% over 1 year, 13.2% over 3 years, 15.1% over 5 years. Largest fall in the price of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP since November 2021, in pounds: −24.4% from 07/01/2022 to 30/09/2022. The lowest 12-month return of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP in pounds (price, with income reinvested in the fund) since January 2021 was −21.5% (12 months to 14/10/2022); the highest was +37.9% (12 months to 10/04/2026). On 13/11/2026 the price of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP was at its highest weekly close since November 2021, in pounds. ## Charges compared with similar funds Ongoing charge of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP 0.65% a year. Compared on 14/11/2026, 0 of the 35 other UK share funds charge more, 1 the same and 34 less (share classes counted once). ## Funds tracking the same index 2 funds track NASDAQ AlphaDEX United Kingdom Net Total Return Index - GBP, 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 United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP (this fund) | 0.65% | +18.8% | +76.7% | +60.8% | | First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B GBP | 0.65% | +18.8% | +76.7% | +60.8% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.65%** per year (as of 13/11/2026) - 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 FKU?** The ongoing charge of FKU 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 United Kingdom AlphaDEX UCITS ETF Accum.Shs Class A GBP 0.65% a year. Compared on 14/11/2026, 0 of the 35 other UK share funds charge more, 1 the same and 34 less (share classes counted once). **What does FKU track?** FKU tracks the NASDAQ AlphaDEX United Kingdom Net Total Return Index - GBP. **Is FKU accumulating or distributing?** FKU is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of FKU?** The ISIN of FKU is IE00B8X9NZ57. An ISIN identifies one exact share class of a fund; FKU is its ticker on the London Stock Exchange. **What were FKU’s returns in each of the last five years?** Calendar-year returns of FKU in pounds (price, with income reinvested in the fund): 2022 −13.9%, 2023 +14.0%, 2024 +10.7%, 2025 +27.6%; 2026 to 13/11/2026 +14.4%. Past performance is not a guide to future returns. **How has FKU done after inflation?** Over the five years to 13/11/2026 FKU’s total return was +60.8%, or +25.5% 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.