Should First Trust Large Cap Core AlphaDEX ETF (FEX) Be on Your Investing Radar?

First Trust Large Cap Core AlphaDEX ETF (FEX) is a passively managed large cap blend ETF with $1.55 billion in assets and a 0.57% expense ratio. The fund has returned 13.88% year-to-date and 16.07% over the past year, with a medium risk profile. It carries a Zacks ETF Rank of 3 (Hold), making it a sufficient option for large cap blend exposure, though competitors like Vanguard 500 Index Fund and iShares Core S&P 500 ETF offer lower expense ratios.