Rule 497(k)
File No. 333-171759
First Trust
Exchange-Traded AlphaDEX® Fund II
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Ticker Symbol:
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FDTS
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Exchange:
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The Nasdaq Stock Market LLC
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Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
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None
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Management Fees
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0.80%
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Distribution and Service (12b-1) Fees
|
0.00%
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Other Expenses
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0.00%
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Total Annual Fund Operating Expenses
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0.80%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
$82
|
$255
|
$444
|
$990
|
Best Quarter
|
|
Worst Quarter
|
|
25.82%
|
June 30, 2020
|
-32.51%
|
March 31, 2020
|
|
1 Year
|
5 Years
|
Since
Inception
|
Inception
Date
|
Return Before Taxes
|
11.09%
|
8.97%
|
6.72%
|
2/15/2012
|
Return After Taxes on Distributions
|
9.75%
|
7.92%
|
5.71%
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
6.56%
|
6.56%
|
4.86%
|
|
Nasdaq AlphaDEX® Developed Markets Ex-US Small Cap Index(1) (reflects
no deduction for fees, expenses or taxes)
|
12.24%
|
9.88%
|
N/A
|
|
Nasdaq Developed Markets Ex-US Small Cap Index(1) (reflects no
deduction for fees, expenses or taxes)
|
8.32%
|
8.63%
|
N/A
|
|
MSCI World ex-USA Small Cap Index (reflects no deduction for fees,
expenses or taxes)
|
11.14%
|
11.03%
|
8.92%
|
|