What is FYT?

FYT tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FYT -13.32% -3.65% -3.46% -14.22% 32.38% 5.58% 7.06%
FYT (NAV) -11.75% -1.86% -2.44% -15.03% 31.77% 5.76% 7.18%
NASDAQ AlphaDEX Small Cap Value Index -13.41% -3.57% -3.36% -13.66% 33.55% 6.73% --
MSCI USA Small Cap Value Index -12.28% -5.45% -5.31% -12.42% 28.29% 4.86% 7.64%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FYT Factset Analytics Insight

FYT tracks an index which implements its proprietary AlphaDEX selection methodology to select small-cap value stocks. The index starts by removing stocks from the NASDAQ US 700 Small Cap Index which do not trade on an eligible exchange, duplicate stocks, and do not meet liquidity screens. Then, all remaining securities are grouped into either “growth” or “value” buckets. Only those in the “value” buckets are eligible for inclusion. Those eligible are then scored individually and the top 262 stocks are selected for inclusion in the index. The selected stocks are then split into quintiles based on their selection score, with higher scoring quintiles receiving a greater weight in the Index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly.

FYT Summary Data

First Trust
04/19/11
0.73%
$191.95M
MSCI USA Small Cap Value Index
Open-Ended Fund

Peers

MSCI USA Small Cap Value Index

Fund Flows

-$0.01B 5 Days
+$0.00B 30 Days
+$0.01B 90 Days

FYT Portfolio Data

$2.17B
7.89
1.14
1.40%
N/A
263

FYT Index Data

Tiered
Multi-Factor
MSCI USA Small Cap Value Index

FYT Portfolio Management

0.73%
-0.68%
-0.56%
-0.83%

FYT Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FYT Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/24/23

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

49,124
$2.42M
28,033
$1.45M
0.19%
$0.10
-0.02%
0.18% / -0.24%
None
100.00%
50,000
0.56
0.02%
0.13%
0
$43.93
5

FYT Sector/Industry Breakdown

FYT Segment
Benchmark
33.16% --
11.39% --
7.29% --
5.65% --
5.46% --
4.88% --
4.70% --
3.71% --
3.59% --
3.31% --

FYT Performance Statistics

0.96
1.06
1.09
1.02
0.36%
MSCI USA Small Cap Value Index

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%
0.00% 0.00%

FYT Benchmark Comparison Holdings

263
1209
217
18.12%

FYT Benchmark Comparison Summary

FYT Segment
Benchmark
263 1209
$2.17B $4.71B
7.89 14.25
1.14 1.66
1.85% 2.27%
Low Low

FYT Benchmark Comparison Market Cap Size

FYT Segment
Benchmark
0.00% 1.51%
28.62% 69.20%
71.22% 26.93%
0.00% 2.36%