FSZ ETF — First Trust Switzerland AlphaDEX® Fund

First Trust Switzerland AlphaDEX® Fund (FSZ)

Updated October 16, 2026.

FSZ is an ETF. its distribution rate is 2.05%, its trailing-12-month yield is 2.05%, its expense ratio is 0.80%. Dividend Vision Distribution Safety Score™ is 61/100 (Generally safe). Total return is 257.7% over the past 14.7 years, 366.2 points behind SPY at 623.9%.

First Trust Switzerland AlphaDEX® Fund is an ETF that invests at least 90% of its assets in Swiss stocks selected from the NASDAQ Switzerland Index using the AlphaDEX® methodology, which aims to identify stocks positioned to generate positive risk-adjusted returns. The fund distributes quarterly and carries a modest current distribution rate alongside a 0.80% expense ratio. It may appeal to investors seeking equity exposure to Swiss companies with an active selection strategy rather than traditional market-cap weighting.

FSZ performance versus SPY

Price and return data through 2026-10-16.

Total return is 257.7% over the past 14.7 years, 366.2 points behind SPY at 623.9%. Over the past year its total return — price change plus distributions reinvested — is 5.3%. Its deepest 1-year drawdown was 10.4%.

FSZ key facts

Distribution Safety Score™

61 · Generally safe

Safety-Adjusted Yield

1.25%

Issuer

First Trust

Asset type

ETF

Asset class

Equity

Inception date

02/14/2012

Expense ratio

0.80%

Distribution rate

2.05%

Distribution frequency

Quarterly

Trailing yield

2.05%

Last close

$79.88 (as of 2026-10-16)

AUM

$35,504,602

Average volume

155.0

Dividend

$0.808

Ex-dividend date

06/25/2026

Payment date

06/30/2026

Beta

0.85

How Dividend Vision calculates yield and returns

Distribution rate (2.05%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.05%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: First Trust or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FSZ risks and drawbacks

FSZ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.4%.

Who may consider FSZ — and who may not

FSZ may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FSZ pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FSZ

• All tickers starting with F

Tagged: International.

Frequently asked questions

More securities from First Trust.