First Trust Small Cap Core AlphaDEX Fund
$136.75−2.17 (−1.56%)
- Expense ratio
- 0.58%
- Fund size
- $1.4B
- 1Y return
- +27.5%
- Yield · Last 12 months
- 0.92%
- Holdings
- 524
- Volume · 30D
- 0M sh
- NAV per share
- $138.16
- 52W range
The ETF.net FYX Grade
Score 55 of 100 sits in the B 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 19Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 96Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
Our read on FYX
BA smart-beta original, running since 2007. Rather than owning small caps by market size, FYX ranks them on growth and value screens and holds roughly 500 that make the cut. Rules-based stock selection, priced like the screen it runs.
The Fund seeks returns that generally correspond to the price and yield of the Nasdaq AlphaDEX Small Cap Core Index before fees and expenses.
Why people hold it
- Running since 2007, one of the longest-tenured rules-based factor funds in small caps, and today a multi-billion-dollar fund.
- The AlphaDEX screen ranks small caps on growth and value, then buys what passes. Stock selection by rulebook, not a market-cap list.ftportfolios.com
- Roughly 500 holdings, so no single name drives the fund even after the screen narrows the field.
- Has stayed tight to the Nasdaq AlphaDEX Small Cap Core Index it targets, and distributes quarterly.
Worth knowing
- The 0.58% fee sits well above factor peers like FNDX (0.25%) and VONV (0.06%). The screen carries the burden of that gap.
- Trades thinner than the headline small-cap funds, which makes bid-ask spreads worth watching.
- The screen reshuffles which small caps it owns, so it can diverge sharply from a plain market-cap small-cap index in either direction.
FYX Holdings
- Stocks
- 524
- 5%
- EFOR
Sectors
- Financials18.7%
- Health Care15.9%
- Industrials14.0%
- Consumer Discr.11.6%
- Technology10.8%
- Energy7.6%
- Real Estate7.1%
- Cons. Staples5.4%
- Materials4.5%
- Communication2.9%
- Utilities1.6%
Geography
- United States96.79%
- Bermuda1.57%
- Puerto Rico0.77%
- Ireland0.26%
- Switzerland0.19%
- Netherlands0.19%
- Bahamas0.15%
- United Kingdom0.07%
FYX 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 | FYX |
|---|---|
| Year to date | +23.4% |
| 1 month | −3.4% |
| 3 months | +0.3% |
| 1 year | +27.5% |
| 3 years | +21.5% |
| 5 years | +10.2% |
| 10 years | +11.9% |
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 | FYX |
|---|---|---|
| 2026 YTD | +23.4% | |
| 2025 | +12.7% | |
| 2024 | +12.2% | |
| 2023 | +18.3% | |
| 2022 | −18.4% | |
| 2021 | +27.4% | |
| 2020 | +19.5% |
FYX in the news
ETF.net Research hasn’t filed on FYX yet — coverage lands here as it’s written.
FYX Dividends
- 0.92%
- $1.28
- $0.44 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.44 |
| Mar 26, 2026 | Mar 31, 2026 | $0.20 |
| Dec 12, 2025 | Dec 31, 2025 | $0.37 |
| Sep 25, 2025 | Sep 30, 2025 | $0.27 |
| Jun 26, 2025 | Jun 30, 2025 | $0.08 |
| Dec 13, 2024 | Dec 31, 2024 | $0.62 |
| Sep 26, 2024 | Sep 30, 2024 | $0.52 |
| Jun 27, 2024 | Jun 28, 2024 | $0.37 |
| Mar 21, 2024 | Mar 28, 2024 | $0.12 |
| Dec 22, 2023 | Dec 29, 2023 | $0.41 |
| Sep 22, 2023 | Sep 29, 2023 | $0.21 |
| Jun 27, 2023 | Jun 30, 2023 | $0.28 |
FYX Risk
- 19.6%
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.
- 0.79
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.
- −27.9%
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.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FYX Cost
- The middle half of US Multifactor funds
- Median 0.30%
77 of the 98 US Multifactor funds charge less.