- ISIN
- US33737M3007
- CUSIP
- 33737M300
- Issuer
- First Trust
- Inception Date
- Apr 19, 2011
- Region
- North America (U.S.)
- Category
- Small Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ AlphaDEX Small Cap Growth Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $1B
Share Price Chart
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Performance
FYC Performance Chart
First Trust Small Cap Growth AlphaDEX Fund (FYC) is up 26.1% since the beginning of the year. FYC is currently trading at $121 per share. Investors who bought $1,000 worth of FYC shares 5 years ago would now be looking at an investment worth $1,695.
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Returns By Period
First Trust Small Cap Growth AlphaDEX Fund (FYC) has returned 26.11% so far this year and 60.03% over the past 12 months. Looking at the last ten years, FYC has achieved an annualized return of 15.18%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
First Trust Small Cap Growth AlphaDEX Fund
- 1D
- 0.66%
- 1M
- 5.93%
- YTD
- 26.11%
- 6M
- 22.06%
- 1Y
- 60.03%
- 3Y*
- 28.46%
- 5Y*
- 11.13%
- 10Y*
- 15.18%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FYC Monthly Returns History
Based on dividend-adjusted daily data since Apr 20, 2011, FYC's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +18.1%, while the worst month was Mar 2020 at -22.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FYC closed higher 53% of trading days. The best single day was Apr 6, 2020 with a return of +8.9%, while the worst single day was Mar 16, 2020 at -15.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.95% | 0.60% | -3.52% | 14.81% | 4.37% | 4.31% | 26.11% | ||||||
| 2025 | 2.34% | -6.32% | -7.32% | -0.55% | 8.48% | 7.22% | 0.48% | 8.64% | 4.52% | 4.62% | 0.70% | 0.58% | 24.24% |
| 2024 | -3.80% | 6.13% | 2.26% | -4.54% | 6.87% | -1.58% | 8.27% | 1.78% | 2.90% | -0.01% | 13.82% | -8.35% | 23.99% |
| 2023 | 9.21% | -1.18% | -2.93% | -2.44% | -0.87% | 7.74% | 6.10% | -5.18% | -6.82% | -7.06% | 9.74% | 9.74% | 14.52% |
| 2022 | -11.44% | 1.51% | 1.95% | -12.08% | -1.09% | -8.85% | 11.17% | -1.03% | -9.57% | 10.00% | 0.71% | -7.40% | -25.86% |
| 2021 | 8.12% | 5.98% | -1.44% | 0.83% | 1.49% | 2.78% | -2.88% | 2.84% | -2.14% | 5.43% | -2.72% | 2.15% | 21.64% |
Benchmark Metrics
First Trust Small Cap Growth AlphaDEX Fund has an annualized alpha of 0.11%, beta of 1.12, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since April 20, 2011.
- This ETF captured 113.57% of S&P 500 Index gains and 112.75% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.12 and R2 of 0.70, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.11%
- Beta
- 1.12
- R²
- 0.70
- Upside Capture
- 113.57%
- Downside Capture
- 112.75%
Expense Ratio
FYC has an expense ratio of 0.71%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FYC ranks 87 for risk / return — in the top 87% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for First Trust Small Cap Growth AlphaDEX Fund (FYC) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FYC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.76 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.76 | 2.78 | +2.97 |
| Martin ratioReturn relative to average drawdown | 20.86 | 12.44 | +8.42 |
Dividends
Dividend History
First Trust Small Cap Growth AlphaDEX Fund provided a 0.06% dividend yield over the last twelve months, with an annual payout of $0.08 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.08 | $0.08 | $0.56 | $0.36 | $0.00 | $0.47 | $0.07 | $0.18 | $0.04 | $0.04 | $0.11 | $0.07 |
Dividend yield | 0.06% | 0.08% | 0.72% | 0.58% | 0.00% | 0.63% | 0.12% | 0.39% | 0.09% | 0.10% | 0.31% | 0.21% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Small Cap Growth AlphaDEX Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.15 | $0.56 |
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.16 | $0.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.44 | $0.47 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the First Trust Small Cap Growth AlphaDEX Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the First Trust Small Cap Growth AlphaDEX Fund was 47.85%, occurring on Mar 18, 2020. Recovery took 169 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -47.85%Mar 2020 | 1y 6mo | 8mo 3d | 2y 2moSep 2018 - Nov 2020 |
2023 bear market2023 | -35.37%Oct 2023 | 1y 11mo | 1y 11d | 2y 12moNov 2021 - Nov 2024 |
2011 bear market2011 | -27.86%Oct 2011 | 2mo 27d | 11mo 9d | 1y 2moJul 2011 - Sep 2012 |
2025 selloff2025 | -27.79%Apr 2025 | 4mo 7d | 4mo 7d | 8mo 14dDec 2024 - Aug 2025 |
2016 correction2016 | -19.74%Feb 2016 | 7mo 22d | 5mo 2d | 1y 19dJun 2015 - Jul 2016 |
Drawdown Indicators
| FYC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.85% | -56.78% | +8.93% |
Max Drawdown (1Y)Largest decline over 1 year | -10.48% | -9.10% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -18.90% | -8.89% |
Max Drawdown (5Y)Largest decline over 5 years | -35.37% | -25.43% | -9.94% |
Max Drawdown (10Y)Largest decline over 10 years | -47.85% | -33.92% | -13.93% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -9.63% | -10.71% | +1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 2.03% | +0.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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