Rule 497(k)
File No. 333-140895
First Trust
Exchange-Traded AlphaDEX® Fund
|
Ticker Symbol:
|
FYC
|
Exchange:
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The Nasdaq Stock Market LLC
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
Management Fees
|
0.70%
|
Distribution and Service (12b-1) Fees
|
0.00%
|
Other Expenses
|
0.00%
|
Acquired Fund Fees and Expenses
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0.00%
|
Total Annual Fund Operating Expenses
|
0.70%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$72
|
$224
|
$390
|
$871
|
Best Quarter
|
|
Worst Quarter
|
|
30.65%
|
December 31, 2020
|
-29.82%
|
March 31, 2020
|
|
1 Year
|
5 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
32.08%
|
15.37%
|
12.46%
|
4/19/2011
|
Return After Taxes on Distributions
|
32.01%
|
15.27%
|
12.38%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
18.99%
|
12.35%
|
10.38%
|
|
Nasdaq AlphaDEX® Small Cap Growth Index(1) (reflects no deduction for
fees, expenses or taxes)
|
33.24%
|
N/A
|
N/A
|
|
Nasdaq US 700 Small Cap Growth Index(1) (reflects no deduction for
fees, expenses or taxes)
|
37.74%
|
N/A
|
N/A
|
|
S&P SmallCap 600® Growth Index (reflects no deduction for fees,
expenses or taxes)
|
19.60%
|
14.28%
|
13.02%
|
|
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