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Launched · SEC filings

First Trust Small Cap Value AlphaDEX Fund

FYTNasdaqFirst TrustC

$71.28+1.25 (+1.78%)

At close: Nov 2, 2026, 4:00 PM ET

C43/ 100

Rank 34 of 40 in US Value Index

C43/100Rank 34 of 40inUS Value Index
Intraday session: up, 79 prints from 70.03 to 71.28. Range 70.47 to 71.77. Use the arrow keys to read each point.70.5071.0071.5010 AM12 PM2 PM4 PM
Expense ratio
0.70%
Fund size
$178M
1Y total return
+31.3%
Yield · Last 12 months
1.84%
Holdings
263
Avg volume · 30D
16.7K sh
52W range
low $52.47high $73.77
Launched
Filings
SEC EDGAR

The ETF.net FYT Grade

C

Score 43 out of 100

Category
US Value Index⁠
Rank
34 of 40
Six-pillar profile for FYT. Scores out of 100: Cost 5, Risk 26, Mission 82, Tradability 50, Holdings 76, Durability 52. Strongest: Mission (82). Weakest: Cost (5). Leans toward Mission and Holdings.

Score 43 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F5 out of 100
    Rank 38 of 40

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A82 out of 100
    Rank 21 of 37

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D26 out of 100
    Rank 29 of 39

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 20 of 40

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A76 out of 100
    Rank 9 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 24 of 40

Our read on FYT

ETF.net Research

In short

CMost value funds just buy the market, cap-weighted. FYT ranks small caps on growth and value factors, hands the top scorers the most weight, and reshuffles quarterly. A quant stock picker in index clothing.

Stated mandate

The Fund seeks to track, before fees and expenses, the price and yield of the Nasdaq AlphaDEX Small Cap Value Index. It normally invests at least 90% of net assets in index securities and uses an indexing approach to replicate the index’s performance.

Why people hold it

  • The AlphaDEX rulebook scores small caps on growth and value factors, keeps the top names, then sorts them into tiers so higher-scoring groups carry more weight. Equal weight inside each tier.nasdaqomx.com
  • Quarterly reconstitution recycles the roster four times a year, so the portfolio keeps re-ranking instead of drifting into whatever worked years ago.nasdaqomx.comnasdaqomx.com 2
  • Roughly 300 names, with weight set by score tier rather than piled into the largest companies. No single holding runs the show.nasdaqomx.com
  • Trading since 2011, and built to replicate rather than outguess: at least 90% of net assets sit in index securities, and it has stayed close to that index.

Worth knowing

  • 0.70% a year against a roughly 0.20% median for US value ETFs, and giants like VTV and IUSV sit near a nickel. That gap is the price of the screen.
  • Thinly traded on a modest asset base, so spreads can run wider than the household-name funds in this category. Limit orders matter more here.
  • Small caps plus a factor screen swing harder than the large-cap value indexes that anchor this group, and can spend long stretches looking nothing like plain vanilla value.

FYT Performance

Launched Apr 19, 2011

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FYT$13,128
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FYT $13,128. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FYT. Periods over one year show the average yearly return.
PeriodFYT
Year to date+25.3%
1 month+4.8%
3 months−2.1%
1 year+31.3%
3 yearsper year+18.1%
5 yearsper year+8.0%
10 yearsper year+10.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FYT
YearReturn barFYT
2026 YTD+25.3%
2025+4.0%
2024+3.2%
2023+22.9%
2022−14.0%
2021+29.3%
2020+9.8%

FYT in the news

FYT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.84%Last 12 months
Payout per share
$1.29Last 12 months
Last payment
$0.47 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 37 payments from 2017 to 2026 YTD. Mar 23, 2017 $0.06; Jun 22, 2017 $0.15; Sep 21, 2017 $0.05; Dec 21, 2017 $0.17; Mar 22, 2018 $0.04; Jun 21, 2018 $0.17; Sep 14, 2018 $0.12; Dec 18, 2018 $0.22; Mar 21, 2019 $0.09; Jun 14, 2019 $0.10; Sep 25, 2019 $0.20; Dec 13, 2019 $0.17; Mar 26, 2020 $0.03; Jun 25, 2020 $0.12; Sep 24, 2020 $0.11; Dec 24, 2020 $0.15; Mar 25, 2021 $0.12; Jun 24, 2021 $0.10; Sep 23, 2021 $0.16; Dec 23, 2021 $0.26; Mar 25, 2022 $0.08; Jun 24, 2022 $0.12; Sep 23, 2022 $0.16; Dec 23, 2022 $0.25; Mar 24, 2023 $0.13; Jun 27, 2023 $0.24; Sep 22, 2023 $0.16; Dec 22, 2023 $0.28; Mar 21, 2024 $0.12; Jun 27, 2024 $0.24; Sep 26, 2024 $0.24; Dec 13, 2024 $0.54; Sep 25, 2025 $0.21; Dec 12, 2025 $0.33; Mar 26, 2026 $0.20; Jun 25, 2026 $0.30; Sep 24, 2026 $0.47. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.47
Jun 25, 2026Jun 30, 2026$0.30
Mar 26, 2026Mar 31, 2026$0.20
Dec 12, 2025Dec 31, 2025$0.33
Sep 25, 2025Sep 30, 2025$0.21
Dec 13, 2024Dec 31, 2024$0.54
Sep 26, 2024Sep 30, 2024$0.24
Jun 27, 2024Jun 28, 2024$0.24
Mar 21, 2024Mar 28, 2024$0.12
Dec 22, 2023Dec 29, 2023$0.28
Sep 22, 2023Sep 29, 2023$0.16
Jun 27, 2023Jun 30, 2023$0.24

See all 57 payments⁠

$10,000 in FYT 10 years ago paid $2,348 in dividends.⁠

FYT Risk

Risk pillarD26 out of 100Rank 29 of 39 in US Value Index
How much the fund’s monthly returns vary, scaled to a year.
19.9%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.71
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−28.9%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FYT Cost

Compare FYT and VTV

Overpaying vs VTV, tied cheapest in US Value Index

$12,968

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FYT 0.70%

    $13,606

  • VTV 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • FYT 0.70%
  • VTV 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FYT $13,606VTV $638

Year by year

YearFYTVTVOverpaying
10$1,250$55$1,195
20$4,760$216$4,544
30$13,606$638$12,968

Other funds in US Value Index

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