FKU: FIRST TRUST UNITED KINGDOM ALPHADEX FUND
What this ETF is trying to do
The First Trust United Kingdom AlphaDEX Fund (FKU) is an ETF that invests in companies based in the United Kingdom. It holds a variety of businesses across different industries to provide exposure to the UK market.
What the numbers show
As of October 9, 2026, the share price of the ETF is $53.75.
When looking at performance, it is important to distinguish between price return (how the share price changed) and total return (which includes the share price change plus distributions).
• Year-to-Date (YTD): The price return is 5.58%, while the total return is 8.84%.
• One Year: The price return is 11.85%, and the total return is 16.38%.
• Three Year: The price return is 68.49%, and the total return is 89.16%.
To put the one-year price return into perspective, if you had invested $10,000 based on the estimated price from roughly one year ago ($48.06), the price-only increase would be worth approximately $1,185.
Income and Distribution Explanation
This ETF pays out cash to investors, usually every quarter. Over the last 12 months, it has made 4 payouts totaling $2.07 per share. This results in a distribution yield of approximately 3.85%.
It is important for beginners to remember that a high distribution yield alone can be misleading. Yield shows the cash paid out relative to the price, but it does not guarantee that the original investment value will stay the same.
NAV Erosion Explanation
NAV erosion happens when the actual value of the fund's underlying assets declines over time. StockValueFinder uses an erosion-risk score to measure this.
For this ETF, the erosion score is 100, and the label is "No price erosion detected." The severe erosion-risk flag is false, meaning the fund has not triggered warnings for substantial price deterioration.
Top Holdings
The fund holds 80 different assets. As of October 11, 2026, some of the Top Holdings include:
• EasyJet PLC: 2.66%
• Standard Life PLC: 2.36%
• 3i Group Ord: 2.35%
• Shell PLC: 2.35%
• Computacenter PLC: 2.34%
These holdings can change over time.
Pros
• Strong three-year total return of 89.16%.
• No price erosion detected according to the erosion-risk score.
• Provides a steady distribution yield of 3.85%.
Cons
• The fund is focused on a single geographic region (United Kingdom), which may limit diversification.
Beginner Takeaway
FKU is a UK-focused fund that has seen significant growth over the last three years. It provides both share-price growth and regular cash income. While the distribution yield is a positive feature, investors should always look at the total return to see the full picture of how the investment performed.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | EASYJET PLC | n/a | 2.66% |
| 2 | STANDARD LIFE PLC | n/a | 2.36% |
| 3 | 3I GROUP ORD | n/a | 2.35% |
| 4 | SHELL PLC | n/a | 2.35% |
| 5 | COMPUTACENTER PLC | n/a | 2.34% |
| 6 | M&G PLC ORDINARY SHARES | n/a | 2.30% |
| 7 | SOFTCAT PLC | n/a | 2.29% |
| 8 | BRITISH LAND CO PLC | n/a | 2.26% |
| 9 | HISCOX LTD | n/a | 2.24% |
| 10 | JD SPORTS FASHION PLC | n/a | 2.24% |