Should First Trust Large Cap Value AlphaDEX ETF (FTA) Be on Your Investing Radar?

First Trust Large Cap Value AlphaDEX ETF (FTA) is a passively managed ETF with $1.43 billion in assets offering exposure to large cap value stocks. With a 0.58% expense ratio, it is relatively expensive compared to alternatives. The ETF has performed well with 20.51% gains year-to-date and 26.5% over the past year, but carries a 'Hold' rating. Cheaper alternatives like Vanguard Morningstar Value ETF (VTV) and Schwab U.S. Dividend Equity ETF (SCHD) offer similar exposure with significantly lower expense ratios.