First Trust Small Cap Core AlphaDEX Fund
$135.60+0.10 (+0.07%)
- 0.58%
- $1.3B
- +30.3%
- 1.12%
- 0M sh
- $135.39
- low $103.42high $147.18
The ETF.net FYX Grade
B
Score 56 out of 100
- 48 of 99
Score 56 of 100 falls in the B 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.F19 out of 100Rank 79 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A94 out of 100Rank 17 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 60 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 34 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A87 out of 100Rank 3 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 23 of 99
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
- 526
- 4%
- MAT
Sectors
- Financials20.6%
- Health Care15.4%
- Consumer Discretionary13.7%
- Industrials11.9%
- Technology11.5%
- Real Estate6.5%
- Energy6.1%
- Consumer Staples5.4%
- Communication3.6%
- Materials3.5%
- Utilities1.8%
Geography
- United States96.80%
- Bermuda1.81%
- Puerto Rico0.52%
- Ireland0.38%
- United Kingdom0.23%
- Canada0.19%
- Bahamas0.07%
FYX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FYX$13,033
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 | FYX |
|---|---|
| Year to date | +20.8% |
| 1 month | −2.6% |
| 3 months | −3.6% |
| 1 year | +30.3% |
| 3 years | +21.3% |
| 5 years | +9.1% |
| 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 | +20.8% | |
| 2025 | +12.7% | |
| 2024 | +12.2% | |
| 2023 | +18.3% | |
| 2022 | −18.4% | |
| 2021 | +27.4% | |
| 2020 | +19.5% |
FYX in the news
FYX Dividends
- 1.12%
- $1.52
- $0.51 per share
- Quarterly
Distribution history
FYX Risk
- 19.5%
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.
- 0.81
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.
- 1.08
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
0.58%
FYX0.58%
- The middle half of US Multifactor funds
- Median 0.30%
78 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- BFLQMFranklin U.S. Mid Cap Multifactor Index ETFExpense ratio 0.30%1 year return +9.1%
- BQVMMInvesco S&P MidCap 400 QVM Multi-factor ETFExpense ratio 0.15%1 year return +17.4%
- BQGRWWisdomTree U.S. Quality Growth FundExpense ratio 0.28%1 year return +24.9%
- BAUSFGlobal X - Adaptive U.S. Factor ETFExpense ratio 0.27%1 year return +13.0%
- CBMVPInvesco Bloomberg MVP Multi-factor ETFExpense ratio 0.29%1 year return +12.3%