# First Trust United Kingdom AlphaDEX UCITS ETF B GBP (FKUD) **Page:** https://fundology.uk/fund/fkud · ISIN IE00BD9N0445 ## 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, FKUD (First Trust United Kingdom AlphaDEX UCITS ETF B GBP, ISIN IE00BD9N0445) closed at £31.62 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 B GBP is an exchange-traded fund (ETF) from First Trust, launched in 2016. 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 paid out to holders as cash, usually a few times a year. Latest close: **£31.62** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FKUD | | ISIN | IE00BD9N0445 | | Category | UK shares | | Type | ETF | | Provider | First Trust | | Tracks | NASDAQ AlphaDEX United Kingdom Net Total Return Index - GBP | | Income | Distributing | | Ongoing charge | 0.65% a year (£65 per £10,000) | | Fund size | £3.7m | | Launched | 2016 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 15/04/2016 | ## 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% | +14.58% | income reinvested | | 3 years | +76.71% | +59.66% | 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 B GBP in pounds (price only, income paid out not included): 2022 −17.4%, 2023 +10.5%, 2024 +7.5%, 2025 +24.0%; 2026 to 13/11/2026 +11.9%. Returns of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +14.6%; to 30/09/2025: +15.3%; to 30/09/2024: +18.9%; to 30/09/2023: +15.4%; to 30/09/2022: −22.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -17.4% | -24.4% | Price | | 2023 | +10.5% | +6.1% | Price | | 2024 | +7.5% | +3.9% | Price | | 2025 | +24.0% | +19.8% | Price | | 2026 to 13/11/2026 | +11.9% | +8.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.71% | -11.78% | | 3 years | 12.87% | -11.78% | | 5 years | 14.86% | -26.84% | ## Largest fall Volatility of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B GBP in pounds, annualised from weekly returns to 13/11/2026: 14.7% over 1 year, 12.9% over 3 years, 14.9% over 5 years. Largest fall in the price of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B GBP since November 2021, in pounds: −26.8% from 31/12/2021 to 30/09/2022. The lowest 12-month return of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B GBP in pounds (price only, income paid out not included) since January 2021 was −24.2% (12 months to 14/10/2022); the highest was +34.9% (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 B GBP was 0.5% below its highest weekly close since November 2021 (07/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B 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 | 0.65% | +18.8% | +76.7% | +60.8% | | First Trust Global Funds ICAV - First Trust United Kingdom AlphaDEX UCITS ETF B GBP (this fund) | 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 FKUD?** The ongoing charge of FKUD 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 B 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 FKUD track?** FKUD tracks the NASDAQ AlphaDEX United Kingdom Net Total Return Index - GBP. **Is FKUD accumulating or distributing?** FKUD 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 FKUD?** The ISIN of FKUD is IE00BD9N0445. An ISIN identifies one exact share class of a fund; FKUD is its ticker on the London Stock Exchange. **What were FKUD’s returns in each of the last five years?** Calendar-year returns of FKUD in pounds (price only, income paid out not included): 2022 −17.4%, 2023 +10.5%, 2024 +7.5%, 2025 +24.0%; 2026 to 13/11/2026 +11.9%. Past performance is not a guide to future returns. **How has FKUD done after inflation?** Over the five years to 13/11/2026 FKUD’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.