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

In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and PEY +14.8%.

Which is cheaper, FEX or PEY?

FEX is cheaper, by 0.11 percentage points a year. On $10,000 held for a year that difference is about $11. Fees come from each fund's prospectus.

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

By their latest filed holdings, 86% of FEX and 51% of PEY by weight is stocks the S&P 500 already holds.

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FEX vs PEY: how they differ

FEX and PEY hold 5% of their weight in the same names, and FEX returned +17.6% over the year. First Trust Large Cap Core AlphaDEX Fund and Invesco High Yield Equity Dividend Achievers ETF.

FEX costs 0.11 points a year less; their one-year returns differ by 2.8 points; FEX is 1.5 times larger.

	FEX	PEY
Expense ratio	0.57%	0.68%
Net assets	$1.6bn	$1.1bn
Total return, 1 year	+17.6%	+14.8%
Holdings in common	5%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	5.0%	29.6%
Below its high	4.1%, high on Aug 14, 2026	8.8%, high on Aug 26, 2026

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

+17.6%

FEX total return, 1 year

+14.8%

PEY total return, 1 year

0.57%

FEX expense ratio

0.68%

PEY expense ratio

What they hold in common

By the books each fund has filed, FEX and PEY hold 5% 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

5% in common

Positions both hold, largest shared weight first

Holding FEX PEY

Chevron Corporation 0.45% 1.66%

Edison International 0.44% 3.10%

T. Rowe Price Group, Inc. 0.44% 2.05%

Comcast Corporation (Class A) 0.41% 1.87%

Verizon Communications Inc. 0.39% 2.45%

Eversource Energy 0.35% 1.95%

Target Corporation 0.34% 1.30%

Bristol-Myers Squibb Company 0.33% 1.60%

Best Buy Co., Inc. 0.26% 2.49%

Prudential Financial, Inc. 0.26% 2.15%

U.S. Bancorp 0.26% 1.49%

Franklin Templeton, Inc. 0.17% 1.74%

Only in FEX

PTC Inc. 0.60%

Everpure, Inc. (Class A) 0.51%

Hewlett Packard Enterprise Company 0.50%

HF Sinclair Corp. 0.49%

NetApp, Inc. 0.49%

Okta, Inc. 0.48%

Ovintiv Inc. 0.48%

Constellation Brands, Inc. (Class A) 0.47%

Only in PEY

Perrigo Co PLC 3.71%

Flowers Foods Inc 3.67%

Universal Corp/VA 3.25%

Altria Group Inc 3.09%

Avista Corp 2.39%

Main Street Capital Corp 2.32%

AES Corp/The 2.29%

Hormel Foods Corp 2.25%

Check overlap with more funds →

On the same fields

FEX

First Trust Large Cap Core AlphaDEX Fund

PEY

Invesco High Yield Equity Dividend Achievers ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust Invesco

What it is Tracks an index Tracks an index

Total return, 1 year +17.6% +14.8%

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

Gap to the S&P 500 +0.4 pts −2.5 pts

Expense ratio 0.57% 0.68%

Already in the S&P 500 85.6% 50.6%

Holdings 375 52

Net assets $1.6bn $1.1bn

FEX and PEY 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.

PEY in plain words

PEY tracks an index. Over the year to Oct 9, 2026 it returned +14.8% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.68% a year. By its holdings published by its issuer for Oct 8, 2026, 51% of the fund by weight is stocks the S&P 500 also holds, across 52 positions, with the top ten at 29.6%. It sat 8.8% below its high of Aug 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, FEX or PEY?: In the year to Oct 9, 2026, with distributions reinvested, FEX returned +17.6% and PEY +14.8%.
Which is cheaper, FEX or PEY?: FEX is cheaper, by 0.11 percentage points a year. On $10,000 held for a year that difference is about $11. Fees come from each fund's prospectus.
How much do FEX and PEY overlap with the S&P 500?: By their latest filed holdings, 86% of FEX and 51% of PEY by weight is stocks the S&P 500 already holds.

Other comparisons

FEX vs VFMF FEX vs FXO FEX vs IMCV FEX vs FTXR PEY vs RPV PEY vs REGL PEY vs SMIG PEY vs PKW

FEX on its own →PEY 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 ↗PEY filings on SEC EDGAR ↗PEY prospectus with the expense ratio (SEC) ↗Invesco page for PEY ↗

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 PEY, data as of Oct 9, 2026. https://etfiq.com/compare/any/fex-vs-pey

Open data

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