Key stats
About First Trust Small Cap Value AlphaDEX Fund
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Inception date
Apr 19, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33737M4096
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks99.88%
Finance29.35%
Producer Manufacturing11.31%
Consumer Durables6.87%
Retail Trade6.48%
Energy Minerals5.28%
Consumer Services4.54%
Process Industries4.05%
Industrial Services3.99%
Consumer Non-Durables3.87%
Transportation3.79%
Technology Services3.55%
Electronic Technology3.04%
Commercial Services3.02%
Utilities2.97%
Distribution Services2.65%
Health Technology2.07%
Health Services2.05%
Non-Energy Minerals0.74%
Communications0.27%
Bonds, Cash & Other0.12%
Cash0.12%
Stock breakdown by region
North America99.32%
Europe0.68%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FYT invests in stocks. The fund's major sectors are Finance, with 29.35% stocks, and Producer Manufacturing, with 11.31% of the basket. The assets are mostly located in the North America region.
FYT top holdings are Kohl's Corporation and American Eagle Outfitters, Inc., occupying 1.15% and 1.08% of the portfolio correspondingly.
FYT last dividends amounted to 0.54 USD. The quarter before, the issuer paid 0.24 USD in dividends, which shows a 56.55% increase.
FYT assets under management is 138.44 M USD. It's risen 0.05% over the last month.
FYT fund flows account for −30.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FYT pays dividends to its holders with the dividend yield of 1.39%. The last dividend (Dec 31, 2024) amounted to 0.54 USD. The dividends are paid quarterly.
FYT shares are issued by AJM Ventures LLC under the brand First Trust. The ETF was launched on Apr 19, 2011, and its management style is Passive.
FYT expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
FYT follows the NASDAQ AlphaDEX Small Cap Value Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FYT invests in stocks.
FYT price has risen by 4.63% over the last month, and its yearly performance shows a 0.66% increase. See more dynamics on FYT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.37% over the last month, have fallen by −0.37% over the last month, showed a 13.29% increase in three-month performance and has increased by 2.32% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.37% over the last month, have fallen by −0.37% over the last month, showed a 13.29% increase in three-month performance and has increased by 2.32% in a year.
FYT trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.