First Trust Small Cap Value AlphaDEX Fund
$68.00+0.39 (+0.57%)
- 0.70%
- $169M
- +30.2%
- 1.91%
- 0M sh
- $67.49
- low $52.47high $73.77
The ETF.net FYT Grade
C
Score 44 out of 100
- 33 of 40
Score 44 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 100Rank 38 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.A82 out of 100Rank 21 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 28 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 19 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A78 out of 100Rank 8 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 21 of 40
Our read on FYT
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.
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.indexes.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.indexes.nasdaqomx.comindexes.nasdaqomx.com
- Roughly 300 names, with weight set by score tier rather than piled into the largest companies. No single holding runs the show.indexes.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 Holdings
- Stocks
- 263
- 7%
- DXC
Sectors
- Financials22.2%
- Consumer Discretionary21.3%
- Industrials11.0%
- Consumer Staples8.7%
- Energy8.1%
- Real Estate7.7%
- Technology5.7%
- Health Care4.8%
- Materials4.1%
- Communication3.4%
- Utilities2.9%
Geography
- United States95.40%
- Bermuda2.64%
- Cayman Islands0.69%
- Ireland0.62%
- Puerto Rico0.40%
- Switzerland0.24%
FYT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FYT$13,019
Returns run to the Oct 12, 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.
| Period | FYT |
|---|---|
| Year to date | +21.0% |
| 1 month | −3.8% |
| 3 months | −2.5% |
| 1 year | +30.2% |
| 3 years | +15.7% |
| 5 years | +7.4% |
| 10 years | +9.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FYT |
|---|---|---|
| 2026 YTD | +21.0% | |
| 2025 | +4.0% | |
| 2024 | +3.2% | |
| 2023 | +22.9% | |
| 2022 | −14.0% | |
| 2021 | +29.3% | |
| 2020 | +9.8% |
FYT in the news
Category Review
US multifactor funds ran 30 points apart
FYT Dividends
- 1.91%
- $1.29
- $0.47 per share
- Quarterly
Distribution history
FYT Risk
- 20.2%
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.
- 0.54
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.
- −28.9%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FYT Cost
0.70%
FYT0.70%
- The middle half of US Value Index funds
- Median 0.20%
37 of the 40 US Value Index funds charge less.
Other funds in US Value Index
- CDFATDimensional - US Targeted Value ETFExpense ratio 0.33%1 year return +22.7%
- CFNKFirst Trust Mid Cap Value AlphaDEX FundExpense ratio 0.74%1 year return +15.9%
- CRZVInvesco S&P SmallCap 600 Pure Value ETFExpense ratio 0.35%1 year return +27.0%
- DMVALVanEck ETF Trust - VanEck Morningstar Wide Moat Value ETFExpense ratio 0.50%1 year return +11.4%
- DDEEPAcquirers Small and Micro Deep Value ETFExpense ratio 0.80%1 year return +27.3%