VOTETF

First Trust Mid Cap Growth AlphaDEX ETF (FNY) offers exposure to mid-cap growth stocks with $546.86 million in assets. The fund has a 0.73% expense ratio, which is relatively high compared to competitors, and has returned 5.2% year-to-date and 3.41% over the past year.

It carries a Zacks ETF Rank of 3 (Hold) and is considered a medium-risk option with 226 holdings. Cheaper alternatives like Vanguard Morningstar Mid-Cap Growth ETF (VOT) and iShares Russell Mid-Cap Growth ETF (IWP) offer similar exposure with lower expense ratios.

MDYG, a passively managed mid-cap growth ETF with $2.81 billion in assets, offers low-cost exposure to mid-cap growth stocks with a 0.15% expense ratio. The fund has returned 13.11% year-to-date and 14.87% over the past year, with a medium risk profile (beta of 1.06). It holds a Zacks ETF Rank of 2 (Buy) and is recommended as an excellent option for mid-cap growth investors, though alternatives like VOT and IWP offer comparable exposure.

The First Trust Mid Cap Growth AlphaDEX ETF (FNY) is reviewed as a reasonable smart beta option for mid-cap growth investors, with $574.27 million in assets and a 0.73% expense ratio. However, it underperforms cheaper alternatives like Vanguard Morningstar Mid-Cap Growth ETF (VOT) at 0.05% and iShares Russell Mid-Cap Growth ETF (IWP) at 0.23%. FNY has returned 10.52% year-to-date and 8.14% over 12 months with a beta of 1.20, making it a medium-risk choice.