FYT

First Trust Small Cap Value AlphaDEX Fund
*Unless otherwise stated, data provided by FactSet.

FYT Fund Description

FYT tracks an index of securities pulled from the S&P SmallCap 600 Value Index that are rescreened and weighted based on a tiered process.

FYT Factset Analytics Insight

FYT attempts to improve upon the S&P SmallCap 600 Index by rescreening it with its own value metrics and then applying a tiered weighting system. FYT's methodology aims to target 'pure' value firms; that is, no company can make its way into both the growth and value versions of its small-cap index, and its price ratios, which have a decided value bias (save for a lower yield), lend credence to this strategy. With this comes significant sector bets, however, as FYT underweights financials by over 20% and heavily overweights energy and industrials. FYT focuses on small caps but falls heavily into microcap territory too, which notches up the risk significantly, as suggested by its high beta. Recent performance has been decent especially next to that of vanilla funds. Still, the fund’s sky-high holding costs—considerably more than its headline fee—and weak trading volume should give pause to prudent investors.Note: On April 8, 2016 the fund switched underlying indexes from the old “Defined” index to the current Nasdaq version. The index universe may differ slightly but the factors and methodology are the same.

FYT MSCI ESG Analytics Insight

First Trust Small Cap Value AlphaDEX Fund has an MSCI ESG Fund Rating of BB based on a score of 3.63 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. First Trust Small Cap Value AlphaDEX Fund ranks in the 15th percentile within its peer group and in the 28th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FYT Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 12/04/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FYT -0.56% 13.65% 16.57% 1.29% 3.62% 3.43% --
FYT (NAV) -1.66% 13.10% 17.56% 6.94% 4.07% 3.84% --
NASDAQ AlphaDEX Small Cap Value Index -1.62% 13.37% 18.48% 7.80% 4.79% 56.34% --
MSCI USA Small Cap Value Index -0.57% 8.44% 18.29% 7.76% 5.75% 6.73% 11.65%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FYT Summary Data

First Trust
04/18/11
Open-Ended Fund
0.76%
$62.51M
$385.19K
0.48%

FYT Portfolio Data

$1.66B
13.25
1.07
1.68%
12/13/19
263

FYT Index Data

Tiered
Multi-Factor
MSCI USA Small Cap Value Index

FYT Portfolio Management

0.76%
-0.67%
-0.50%
-0.86%

FYT Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FYT Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FYT Factset Analytics Block Liquidity

As of 12/05/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FYT. FYT is rated a 5 out of 5.

FYT Tradability

10,866
$385.19K
5,318
$187.84K
0.48%
$0.17
0.01%
0.91% / -0.59%
None
100.00%
50,000
0.11
0.03%
0.10%
0
$36.13
5

FYT Sector/Industry Breakdown


FYT
Segment Benchmark
24.00%
10.77%
19.98%
46.91%
19.33%
11.71%
10.65%
4.31%
9.63%
6.64%
8.99%
5.81%
4.34%
2.55%
2.31%
5.33%
0.77%
0.69%

FYT Countries


FYT
Segment Benchmark
100.00%
100.00%

FYT Regions


FYT
Segment Benchmark
100.00%
100.00%

FYT Economic Development


FYT
Segment Benchmark
100.00%
100.00%

FYT Performance Statistics

0.91
1.24
1.23
1.06
0.42%
MSCI USA Small Cap Value Index

FYT MSCI ESG Ratings

3.63 / 10
28.28
15.03
1.83%
3.71%
158.76

FYT Benchmark Comparison Holdings

263
1122
201
16.38%

FYT Benchmark Comparison Summary


FYT
Segment Benchmark
263
1122
$1.66B
$3.52B
13.25
39.75
1.07
1.50
1.81%
2.72%
Low
Low

FYT Benchmark Comparison Market Cap Size


FYT
Segment Benchmark
0.00%
0.03%
5.68%
58.55%
93.24%
37.40%
1.08%
4.02%