- ISIN
- US33737M4096
- CUSIP
- 33737M409
- Issuer
- First Trust
- Inception Date
- Apr 18, 2011
- Region
- North America (U.S.)
- Category
- Small Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NASDAQ AlphaDEX Small Cap Value Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Micro-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $195M
Highlights
- Avg. Volume (1M)
- 10K
- Avg. Volume Value (1M)
- $705.42K
Share Price Chart
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Performance
FYT Performance Chart
First Trust Small Cap Value AlphaDEX Fund (FYT) is up 28.0% since the beginning of the year. FYT is currently trading at $72 per share. Investors who bought $1,000 worth of FYT shares 5 years ago would now be looking at an investment worth $1,547.
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Returns By Period
First Trust Small Cap Value AlphaDEX Fund (FYT) has returned 28.00% so far this year and 45.15% over the past 12 months. Over the last ten years, FYT has returned 10.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
First Trust Small Cap Value AlphaDEX Fund
- 1D
- -0.24%
- 1M
- 2.47%
- 6M
- 19.17%
- YTD
- 28.00%
- 1Y
- 45.15%
- 3Y*
- 14.49%
- 5Y*
- 9.12%
- 10Y*
- 10.88%
- ALL TIME*
- 10.02%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FYT Monthly Returns History
Based on dividend-adjusted daily data since Apr 20, 2011, FYT's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2020 with a return of +26.4%, while the worst month was Mar 2020 at -28.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FYT closed higher 51% of trading days. The best single day was Nov 9, 2020 with a return of +10.7%, while the worst single day was Mar 18, 2020 at -13.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.41% | 3.69% | -1.81% | 7.95% | -1.15% | 6.34% | 3.15% | 28.00% | |||||
| 2025 | 1.11% | -6.17% | -4.71% | -6.77% | 4.96% | 3.63% | 1.91% | 10.03% | -0.79% | -2.64% | 3.75% | 0.96% | 4.00% |
| 2024 | -4.52% | 1.48% | 3.33% | -5.98% | 4.21% | -2.33% | 13.16% | -4.35% | -0.39% | -3.20% | 11.69% | -7.56% | 3.24% |
| 2023 | 12.75% | -1.97% | -7.89% | -2.67% | -4.54% | 9.12% | 9.48% | -2.23% | -4.43% | -5.03% | 8.22% | 13.24% | 22.90% |
| 2022 | -3.85% | 1.38% | -1.13% | -6.61% | 3.15% | -10.29% | 10.39% | -5.05% | -11.89% | 13.48% | 4.50% | -5.77% | -14.05% |
| 2021 | 2.65% | 11.03% | 6.44% | 1.84% | 2.92% | -3.24% | -1.37% | 1.35% | -1.65% | 3.41% | -2.64% | 6.20% | 29.33% |
Benchmark Metrics
First Trust Small Cap Value AlphaDEX Fund has an annualized alpha of -0.71%, beta of 1.02, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since April 20, 2011.
- This ETF participated in 121.99% of S&P 500 Index downside but only 110.68% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.02 and R2 of 0.53, 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
- -0.71%
- Beta
- 1.02
- R²
- 0.53
- Upside Capture
- 110.68%
- Downside Capture
- 121.99%
Expense Ratio
FYT has an expense ratio of 0.72%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FYT ranks 92 for risk / return — above 92% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for First Trust Small Cap Value AlphaDEX Fund (FYT) 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.
| FYT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.97 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.25 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 5.12 | 2.00 | +3.12 |
| Martin ratioReturn relative to average drawdown | 15.45 | 8.49 | +6.96 |
Dividends
Dividend History
First Trust Small Cap Value AlphaDEX Fund provided a 1.43% dividend yield over the last twelve months, with an annual payout of $1.03 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.03 | $0.53 | $1.14 | $0.82 | $0.61 | $0.63 | $0.40 | $0.55 | $0.55 | $0.43 | $0.40 | $0.26 |
Dividend yield | 1.43% | 0.94% | 2.07% | 1.50% | 1.36% | 1.19% | 0.96% | 1.44% | 1.78% | 1.16% | 1.16% | 0.96% |
Monthly Dividends
The table displays the monthly dividend distributions for First Trust Small Cap Value 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 | $0.20 | $0.00 | $0.00 | $0.30 | $0.00 | $0.50 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.33 | $0.53 |
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.54 | $1.14 |
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.28 | $0.82 |
| 2022 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.25 | $0.61 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.26 | $0.63 |
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 Value 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 Value AlphaDEX Fund was 50.48%, occurring on Mar 18, 2020. Recovery took 170 trading sessions.
The current First Trust Small Cap Value AlphaDEX Fund drawdown is 1.41%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-50.48%Mar 2020 | 1y 6mo | 8mo 4d | 2y 2moAug 2018 - Nov 2020 | COVID crash2020 |
-33.20%Jan 2016 | 9mo 8d | 10mo 22d | 1y 7moApr 2015 - Dec 2016 | — |
-28.90%Apr 2025 | 4mo 13d | 9mo 6d | 1y 1moNov 2024 - Jan 2026 | 2025 selloff2025 |
-24.95%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 | Bear market2022 |
-22.93%Sep 2011 | 2mo 16d | 4mo | 6mo 16dJul 2011 - Jan 2012 | — |
Drawdown Indicators
| FYT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.48% | -56.78% | +6.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.34% | -9.10% | +0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -18.90% | -10.00% |
Max Drawdown (5Y)Largest decline over 5 years | -28.90% | -25.43% | -3.47% |
Max Drawdown (10Y)Largest decline over 10 years | -50.48% | -33.92% | -16.56% |
Current DrawdownCurrent decline from peak | -1.41% | -1.58% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -10.70% | +2.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 2.14% | +0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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