Which returned more over the last year, FEX or ILCV?

In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and ILCV +22.0%.

Which is cheaper, FEX or ILCV?

ILCV is cheaper, by 0.53 percentage points a year. On $10,000 held for a year that difference is about $53. Fees come from each fund's prospectus.

How much do FEX and ILCV overlap with the S&P 500?

By their latest filed holdings, 86% of FEX and 96% of ILCV by weight is stocks the S&P 500 already holds.

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FEX vs ILCV: how they differ

FEX and ILCV hold 32% of their weight in the same names, and ILCV returned +22.0% over the year. First Trust Large Cap Core AlphaDEX Fund and iShares Morningstar Value ETF.

ILCV costs 0.53 points a year less; their one-year returns differ by 4.4 points; FEX is 1.2 times larger.

	FEX	ILCV
Expense ratio	0.57%	0.04%
Net assets	$1.6bn	$1.4bn
Total return, 1 year	+17.6%	+22.0%
Holdings in common	32%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	5.0%	35.8%
Below its high	4.1%, high on Aug 14, 2026

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+17.6%

FEX total return, 1 year

+22.0%

ILCV total return, 1 year

0.57%

FEX expense ratio

0.04%

ILCV expense ratio

What they hold in common

By the books each fund has filed, FEX and ILCV hold 32% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026 and Oct 9, 2026.

50%

half

32% in common

Positions both hold, largest shared weight first

Holding FEX ILCV

ConocoPhillips 0.46% 0.47%

Berkshire Hathaway Inc. (Class B) 0.45% 2.75%

Chevron Corporation 0.45% 1.15%

Micron Technology, Inc. 0.42% 1.54%

AT&T Inc. 0.39% 0.50%

Verizon Communications Inc. 0.39% 0.56%

Accenture plc 0.39% 0.37%

Valero Energy Corporation 0.39% 0.37%

Amazon.com, Inc. 0.36% 3.29%

Capital One Financial Corporation 0.36% 0.36%

ExxonMobil Holdings Corp. 0.36% 2.02%

The Progressive Corporation 0.36% 0.37%

Only in FEX

Everpure, Inc. (Class A) 0.51%

HF Sinclair Corp. 0.49%

Okta, Inc. 0.48%

Fortinet, Inc. 0.47%

Snowflake Inc. (Class A) 0.47%

Arista Networks, Inc. 0.46%

Datadog, Inc. (Class A) 0.46%

Cloudflare, Inc. (Class A) 0.45%

Only in ILCV

ALPHABET CLASS C 2.06%

TESLA INC 1.18%

WALMART 0.85%

THERMO FISHER SCIENTIFIC INC 0.70%

COSTCO WHOLESALE CORP 0.69%

LINDE PLC 0.65%

INTERNATIONAL BUSINESS MACHINES 0.62%

MCDONALDS CORP 0.49%

Check overlap with more funds →

On the same fields

FEX

First Trust Large Cap Core AlphaDEX Fund

ILCV

iShares Morningstar Value ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust iShares

What it is Tracks an index Tracks an index

Total return, 1 year +17.6% +22.0%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +0.4 pts +4.8 pts

Expense ratio 0.57% 0.04%

Already in the S&P 500 85.6% 96.0%

Holdings 375 374

Net assets $1.6bn $1.4bn

FEX and ILCV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

FEX in plain words

FEX tracks an index. Over the year to Oct 9, 2026 it returned +17.6% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 9, 2026, 86% of the fund by weight is stocks the S&P 500 also holds, across 375 positions, with the top ten at 5.0%. It sat 4.1% below its high of Aug 14, 2026 on Oct 9, 2026.

ILCV in plain words

ILCV tracks an index. Over the year to Oct 9, 2026 it returned +22.0% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 8, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 35.8%.

Questions people ask

Which returned more over the last year, FEX or ILCV?: In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and ILCV +22.0%.
Which is cheaper, FEX or ILCV?: ILCV is cheaper, by 0.53 percentage points a year. On $10,000 held for a year that difference is about $53. Fees come from each fund's prospectus.
How much do FEX and ILCV overlap with the S&P 500?: By their latest filed holdings, 86% of FEX and 96% of ILCV by weight is stocks the S&P 500 already holds.

Other comparisons

FEX vs FTA FEX vs SDOG FEX vs RWK FEX vs SMIG ILCV vs RPV ILCV vs REGL ILCV vs SMIG ILCV vs PKW

FEX on its own →ILCV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

FEX filings on SEC EDGAR ↗FEX prospectus with the expense ratio (SEC) ↗First Trust page for FEX ↗ILCV filings on SEC EDGAR ↗ILCV prospectus with the expense ratio (SEC) ↗iShares page for ILCV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Cite this page

ETFIQ, FEX against ILCV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fex-vs-ilcv

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.