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

In the year to Oct 9, 2026, with distributions reinvested, FTA returned +19.8% and ILCV +22.0%.

Which is cheaper, FTA or ILCV?

ILCV is cheaper, by 0.54 percentage points a year. On $10,000 held for a year that difference is about $54. Fees come from each fund's prospectus.

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

By their latest filed holdings, 93% of FTA and 96% of ILCV by weight is stocks the S&P 500 already holds.

Share on X Download as PDF Compare their flows Ask about these two funds

FTA vs ILCV: how they differ

FTA and ILCV hold 24% of their weight in the same names, and ILCV returned +22.0% over the year. First Trust Large Cap Value AlphaDEX Fund and iShares Morningstar Value ETF.

ILCV costs 0.54 points a year less; their one-year returns differ by 2.2 points.

	FTA	ILCV
Expense ratio	0.58%	0.04%
Net assets	$1.4bn	$1.4bn
Total return, 1 year	+19.8%	+22.0%
Holdings in common	24%
Nasdaq-100, total return, 1 year	+23.6%
Top ten holdings, share of the fund	9.5%	35.8%
Below its high	6.0%, high on Aug 24, 2026

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

+19.8%

FTA total return, 1 year

+22.0%

ILCV total return, 1 year

0.58%

FTA expense ratio

0.04%

ILCV expense ratio

What they hold in common

By the books each fund has filed, FTA and ILCV hold 24% 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

24% in common

Positions both hold, largest shared weight first

Holding FTA ILCV

Berkshire Hathaway Inc. (Class B) 0.91% 2.75%

Chevron Corporation 0.73% 1.15%

Wells Fargo & Company 0.73% 0.72%

Verizon Communications Inc. 0.79% 0.56%

ExxonMobil Holdings Corp. 0.53% 2.02%

The Walt Disney Company 0.53% 0.54%

Citigroup Inc. 0.51% 0.63%

AT&T Inc. 0.80% 0.50%

ConocoPhillips 0.94% 0.47%

Accenture plc 0.58% 0.37%

The Progressive Corporation 0.73% 0.37%

Valero Energy Corporation 0.57% 0.37%

Only in FTA

HF Sinclair Corp. 0.99%

Super Micro Computer, Inc. 0.89%

Martin Marietta Materials, Inc. 0.70%

Jones Lang LaSalle Incorporated 0.69%

Gen Digital Inc. 0.54%

Best Buy Co., Inc. 0.50%

Baker Hughes Company (Class A) 0.36%

AutoZone, Inc. 0.18%

Only in ILCV

MICROSOFT 8.53%

APPLE 7.23%

AMAZON.COM INC 3.29%

META PLATFORMS CLASS A 2.95%

JPMORGAN CHASE & CO 2.57%

ALPHABET CLASS A 2.56%

ALPHABET CLASS C 2.06%

JOHNSON & JOHNSON 1.80%

Check overlap with more funds →

On the same fields

FTA

First Trust Large Cap Value 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 +19.8% +22.0%

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

Gap to the S&P 500 +2.5 pts +4.8 pts

Expense ratio 0.58% 0.04%

Already in the S&P 500 93.0% 96.0%

Holdings 187 374

Net assets $1.4bn $1.4bn

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

FTA in plain words

FTA tracks an index. Over the year to Oct 9, 2026 it returned +19.8% with distributions reinvested, against +17.3% for the S&P 500 and +23.6% for the Nasdaq-100. The prospectus expense ratio is 0.58% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 187 positions, with the top ten at 9.5%. It sat 6.0% below its high of Aug 24, 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, FTA or ILCV?: In the year to Oct 9, 2026, with distributions reinvested, FTA returned +19.8% and ILCV +22.0%.
Which is cheaper, FTA or ILCV?: ILCV is cheaper, by 0.54 percentage points a year. On $10,000 held for a year that difference is about $54. Fees come from each fund's prospectus.
How much do FTA and ILCV overlap with the S&P 500?: By their latest filed holdings, 93% of FTA and 96% of ILCV by weight is stocks the S&P 500 already holds.

Other comparisons

FTA vs SDOG FTA vs RWK FTA vs SMIG FTA vs RSPA ILCV vs IVOV ILCV vs IMCV ILCV vs VFMF ILCV vs PEY

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

Where these figures came from

FTA filings on SEC EDGAR ↗FTA prospectus with the expense ratio (SEC) ↗First Trust page for FTA ↗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, FTA against ILCV, data as of Oct 9, 2026. https://etfiq.com/compare/any/fta-vs-ilcv

Open data

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