First Trust Small Cap Value AlphaDEX Fund (FYT)

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The chart shows the growth of an initial investment of $10,000 in First Trust Small Cap Value AlphaDEX Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

First Trust Small Cap Value AlphaDEX Fund (FYT) has returned 9.36% so far this year and 25.81% over the past 12 months. Over the last ten years, FYT has returned 9.69% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 20, 2011, FYT's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, your investment would double in approximately 6.2 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%.

First Trust Small Cap Value AlphaDEX Fund has an annualized alpha of -0.83%, beta of 1.03, and R² of 0.54 versus S&P 500 Index. Calculated based on daily prices since April 21, 2011.

• This ETF participated in 125.37% of S&P 500 Index downside but only 114.50% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.03 and R² of 0.54, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FYT has an expense ratio of 0.72%, placing it in the medium range.

FYT ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for First Trust Small Cap Value AlphaDEX Fund (FYT) and compare them to a chosen benchmark (S&P 500 Index).

First Trust Small Cap Value AlphaDEX Fund provided a 1.18% dividend yield over the last twelve months, with an annual payout of $0.73 per share.

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.

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.

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 4.04%.

The chart below shows the rolling one-month volatility.