Five All Cap ETFs Your Broker Forgot to Mention

Some investors focus exclusively on large caps. Others prefer the risk and volatility associated with small caps. Still others enjoy the anonymity afforded by the hidden gem atmosphere of the mid-cap universe. And there are those that just need to have all three cap spectrums in their portfolios at all times.For the indecisive among us, there are all cap ETFs, funds that are intended to give investors the best of all three cap worlds. On the surface, it might appear as though all cap ETFs aren't much different than total market ETFs, but some all cap plays serve specific niches that make them compelling in their own right.Here are five all cap plays your broker probably forgot to tell you about.First Trust Multi Cap Value AlphaDEX Fund (NYSE: FAB):The First Trust Multi Cap Value AlphaDEX Fund sure doesn't get much press for an ETF that is over four years-old and has almost $39 million in assets under management, but FAB has been fabulous this month, surging more than 20%. Home to almost 600 stocks, FAB gives double-digit sector allocations to five industry groups – technology, industrials, financials, consumer discretionary and energy. FAB is a buy above $29, the ETF's 200-day moving average.Guggenheim China All Cap ETF (NYSE: YAO):Admittedly, the Guggenheim China All Cap ETF makes the list more because of title than actual all cap representation. YAO is home to over 190 stocks and $57.4 million in AUM, but the ETF's top-10 holdings are dominated by Chinese large-caps. That group accounts for roughly 44% of YAO's weight. It's not that mid caps and small caps are absent from YAO. They're not. Just know that you're getting more of large-cap fund than the title implies. YAO's chart looks strong and a run back to $26 could be in the cards.iShares Russell 3000 Index Fund (NYSE: IWV):OK, so the iShares Russell 3000 Index Fund doesn't hold 3,000 stocks. It holds 2,958 and a robust $3.1 billion in AUM. A very reasonable 0.2% expense ratio is another point in the ETF's favor. Technology, financials, consumer discretionary, health care, producer durables and energy all get double-digit allocations. Trading around $74, IWV could 8%-10% upside in the near-term.First Trust Multi Cap Growth AlphaDEX Fund (NYSE: FAD):FAB has a growth counterpart in the form of the First Trust Multi Cap Growth AlphaDEX Fund. Both have expense ratios of 0.7%, but FAD is smaller with 531 stocks and $29.4 million in AUM. Even though this is a growth fund, the usual growth sectors don't weigh as heavily here as consumer discretionary and staples which combine for over 36% of FAD's weight. No stock receives an allocation of more than 0.54%.Schwab U.S. Broad Market ETF (NYSE: SCHB):Just a few days shy of its second birthday, SCHB has accomplished a lot in that time as the ETF is home to almost $672 million in AUM. Even more impressive is an expense ratio of just 0.06%, which undercuts comparable funds from all rival firms. SCHB tracks an index that is home to 2,500 stocks, but the ETF itself currently holds 1,499 securities. Remember, SCHB is commission-free if you're a Schwab client.