First Trust Small Cap Value AlphaDEX Fund (FYT) belongs to the Small Cap Value Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FYT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FYT
FYT charges 0.72% annually. There are 31 ETFs in the Small Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Small-Cap Value ETF | 0.05% | 65.50B | Jan 2004 | FYT vs VBR | |
| Vanguard Russell 2000 Value ETF | 0.06% | 1.30B | Sep 2010 | FYT vs VTWV | |
| iShares Morningstar Small Cap Value ETF | 0.06% | 681.63M | Jun 2004 | FYT vs ISCV | |
| Vanguard S&P Small-Cap 600 Value ETF | 0.10% | 1.90B | Sep 2010 | FYT vs VIOV | |
| SPDR S&P 600 Small Cap Value ETF | 0.15% | 4.83B | Sep 2000 | FYT vs SLYV |
Best Risk-Adjusted Alternatives to FYT
FYT has a PortfoliosLab risk / return rank of 79. There are 6 ETFs in the Small Cap Value Equities category with higher risk-adjusted ranks, going as high as 84.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Small Mid Cap Value Momentum ETF | 84 | 1.73B | Oct 2017 | FYT vs USVM | |
| iShares Russell 2000 Value ETF | 83 | 14.27B | Jul 2000 | FYT vs IWN | |
| EA Bridgeway Omni Small-Cap Value ETF | 82 | 1.71B | Dec 2010 | FYT vs BSVO | |
| Vanguard Russell 2000 Value ETF | 82 | 1.30B | Sep 2010 | FYT vs VTWV | |
| Harbor SMID Cap Value ETF | 82 | 6.11M | May 2025 | FYT vs EPSV |
Top Performing FYT Alternatives (YTD)
FYT is at 24.77% YTD. There are 3 ETFs in the Small Cap Value Equities category with higher YTD returns, going as high as 27.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Towle Value ETF | 27.23% | 181.60M | Jul 2025 | FYT vs TCV | |
| Harbor SMID Cap Value ETF | 26.44% | 6.11M | May 2025 | FYT vs EPSV | |
| Invesco S&P SmallCap 600® Pure Value ETF | 25.27% | 281.21M | Mar 2006 | FYT vs RZV | |
| EA Bridgeway Omni Small-Cap Value ETF | 24.64% | 1.71B | Dec 2010 | FYT vs BSVO | |
| Invesco S&P SmallCap Value with Momentum ETF | 23.59% | 655.90M | Mar 2005 | FYT vs XSVM |
Lowest Volatility Alternatives to FYT
FYT has 18.38% 1-year volatility. There are 32 ETFs in the Small Cap Value Equities category with lower 1-year volatility, going as low as 11.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bahl & Gaynor Small/Mid Cap Income Growth ETF | 11.94% | 1.13B | Aug 2021 | FYT vs SMIG | |
| EA Series Trust - Euclidean Fundamental Value ETF | 14.48% | 136.73M | May 2023 | FYT vs ECML | |
| Brandes U.S. Small-Mid Cap Value ETF | 14.50% | 161.61M | Oct 2023 | FYT vs BSMC | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 14.83% | 1.73B | Oct 2017 | FYT vs USVM | |
| iShares International Developed Small Cap Value Fa... | 14.83% | 316.20M | Mar 2021 | FYT vs ISVL |
Lowest Drawdown Alternatives to FYT
FYT has a 1-year max drawdown of -8.34%. There are 5 ETFs in the Small Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer US Small Cap Cash Cows ETF | -6.15% | 3.55B | Jun 2017 | FYT vs CALF | |
| EA Series Trust - Euclidean Fundamental Value ETF | -7.01% | 136.73M | May 2023 | FYT vs ECML | |
| Themes US Small Cap Cash Flow Champions ETF | -7.13% | 3.13M | Dec 2023 | FYT vs SMCF | |
| Avantis US Small Cap Value ETF | -7.95% | 28.73B | Sep 2019 | FYT vs AVUV | |
| EA Bridgeway Omni Small-Cap Value ETF | -8.31% | 1.71B | Dec 2010 | FYT vs BSVO |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With FYT
Investors most often compare FYT with VTI, SLYG, SPY. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FYT with Any Fund or Stock
Compare FYT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FYT with funds that move differently
First Trust Small Cap Value AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FYT.
Explore FYT Diversifiers