Rule 497(k)
File No. 333-171759
First Trust
Exchange-Traded AlphaDEX® Fund II
|
Ticker Symbol:
|
NFTY
|
Exchange:
|
The Nasdaq Stock Market LLC
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
Management Fees
|
0.80%
|
Distribution and Service (12b-1) Fees
|
0.00%
|
Other Expenses
|
0.00%
|
Total Annual Fund Operating Expenses
|
0.80%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$82
|
$255
|
$444
|
$990
|
Best Quarter
|
|
Worst Quarter
|
|
25.70%
|
December 31, 2020
|
-35.46%
|
March 31, 2020
|
|
1 Year
|
5 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
26.22%
|
10.97%
|
6.99%
|
2/14/2012
|
Return After Taxes on Distributions
|
25.42%
|
10.28%
|
6.12%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
15.51%
|
8.35%
|
5.14%
|
|
NIFTY 50 Equal Weight Index(1) (reflects no deduction for fees, expenses
or taxes)
|
32.70%
|
N/A
|
N/A
|
|
NIFTY 50 Index (reflects no deduction for fees, expenses or taxes)
|
23.48%
|
15.59%
|
9.29%
|
|
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