First Trust Small Cap Value AlphaDEX Fund
$68.59−0.68 (−0.98%)
- Expense ratio
- 0.70%
- Fund size
- $186M
- 1Y return
- +25.1%
- Yield · Last 12 months
- 1.49%
- Holdings
- 262
- Volume · 30D
- 0M sh
- NAV per share
- $69.04
- 52W range
The ETF.net FYT Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 5Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 83Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 27Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 52Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 57Category rank
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
- 262
- 10%
- EFOR
Sectors
- Financials22.3%
- Consumer Discr.13.0%
- Industrials12.1%
- Energy11.6%
- Real Estate9.5%
- Technology7.6%
- Cons. Staples7.2%
- Health Care6.2%
- Materials5.2%
- Communication2.9%
- Utilities2.3%
Geography
- United States95.40%
- Bermuda2.61%
- Cayman Islands0.70%
- Ireland0.64%
- 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.
Returns run to the Sep 22, 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 | +23.1% |
| 1 month | −4.5% |
| 3 months | +3.4% |
| 1 year | +25.1% |
| 3 years | +15.9% |
| 5 years | +8.7% |
| 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 | +23.1% | |
| 2025 | +4.0% | |
| 2024 | +3.2% | |
| 2023 | +22.9% | |
| 2022 | −14.0% | |
| 2021 | +29.3% | |
| 2020 | +9.8% |
FYT in the news
ETF.net Research hasn’t filed on FYT yet — coverage lands here as it’s written.
FYT Dividends
- 1.49%
- $1.03
- $0.30 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.30 |
| Mar 26, 2026 | Mar 31, 2026 | $0.20 |
| Dec 12, 2025 | Dec 31, 2025 | $0.33 |
| Sep 25, 2025 | Sep 30, 2025 | $0.21 |
| Dec 13, 2024 | Dec 31, 2024 | $0.54 |
| Sep 26, 2024 | Sep 30, 2024 | $0.24 |
| Jun 27, 2024 | Jun 28, 2024 | $0.24 |
| Mar 21, 2024 | Mar 28, 2024 | $0.12 |
| Dec 22, 2023 | Dec 29, 2023 | $0.28 |
| Sep 22, 2023 | Sep 29, 2023 | $0.16 |
| Jun 27, 2023 | Jun 30, 2023 | $0.24 |
| Mar 24, 2023 | Mar 31, 2023 | $0.13 |
FYT Risk
- 20.0%
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.
- 0.57
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.
- 0.98
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
- The middle half of US Value Index funds
- Median 0.20%
38 of the 41 US Value Index funds charge less.