First Trust Small Cap Core AlphaDEX Fund (FYX) belongs to the Small Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FYX
FYX charges 0.63% annually. There are 55 ETFs in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Small-Cap ETF | 0.03% | 188.20B | Jan 2004 | FYX vs VB | |
| State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.03% | 17.00B | Jul 2013 | FYX vs SPSM | |
| Schwab U.S. Small-Cap ETF | 0.04% | 22.23B | Nov 2009 | FYX vs SCHA | |
| iShares Morningstar Small-Cap ETF | 0.04% | 282.21M | Jun 2004 | FYX vs ISCB | |
| Vanguard Russell 2000 ETF | 0.06% | 18.60B | Sep 2010 | FYX vs VTWO |
Best Risk-Adjusted Alternatives to FYX
FYX has a PortfoliosLab risk / return rank of 95. There is 1 ETF in the Small Cap Blend Equities category with a higher risk-adjusted rank, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 96 | — | Jun 2025 | FYX vs RB | |
| Victoryshares Small Cap Free Cash Flow ETF | 94 | 684.65M | Dec 2023 | FYX vs SFLO | |
| Hartford Multifactor Small Cap ETF | 94 | 61.48M | Mar 2015 | FYX vs ROSC | |
| Avantis US Small Cap Equity ETF | 94 | 3.05B | Jan 2022 | FYX vs AVSC | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | FYX vs RYLD |
Top Performing FYX Alternatives (YTD)
FYX is at 28.12% YTD. There are 4 ETFs in the Small Cap Blend Equities category with higher YTD returns, going as high as 56.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily Small Cap Bull 3X Shares | 56.19% | 1.35B | Nov 2008 | FYX vs TNA | |
| Victoryshares Small Cap Free Cash Flow ETF | 30.25% | 684.65M | Dec 2023 | FYX vs SFLO | |
| Inspire Small/Mid Cap Impact ETF | 30.08% | 334.88M | Feb 2017 | FYX vs ISMD | |
| Allspring SMID Core ETF | 29.71% | 78.82M | Jul 2025 | FYX vs ASCE | |
| abrdn Focused U.S. Small Cap Active ETF | 27.17% | 9.90M | Jun 2004 | FYX vs AFSC |
Lowest Volatility Alternatives to FYX
FYX has 17.88% 1-year volatility. There are 45 ETFs in the Small Cap Blend Equities category with lower 1-year volatility, going as low as 6.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.56% | — | Jun 2025 | FYX vs RB | |
| iShares MSCI USA Small-Cap Min Vol Factor ETF | 9.73% | 288.96M | Sep 2016 | FYX vs SMMV | |
| Global X Russell 2000 Covered Call ETF | 10.58% | 1.37B | Apr 2019 | FYX vs RYLD | |
| First Trust Horizon Managed Volatility Small/Mid E... | 10.73% | 35.21M | Apr 2020 | FYX vs HSMV | |
| CresAlta Small & Mid-Cap ETF | 11.58% | 88.99M | May 2026 | FYX vs CVSM |
Lowest Drawdown Alternatives to FYX
FYX has a 1-year max drawdown of -7.56%. There are 7 ETFs in the Small Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -2.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Russell 2000 Dynamic Daily Buffer ETF | -2.09% | — | Jun 2025 | FYX vs RB | |
| Global X Russell 2000 Covered Call ETF | -6.29% | 1.37B | Apr 2019 | FYX vs RYLD | |
| Hypatia Women CEO ETF | -6.96% | 5.55M | Jan 2023 | FYX vs WCEO | |
| iShares MSCI USA Small-Cap Min Vol Factor ETF | -7.02% | 288.96M | Sep 2016 | FYX vs SMMV | |
| 6 Meridian Small Cap Equity ETF | -7.16% | 106.31M | May 2020 | FYX vs SIXS |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 16 categories. AUM among these funds goes as high as $25B.
Often Compared With FYX
Investors most often compare FYX with FYC, SPMO, IWY. These 19 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FYX with Any Fund or Stock
Compare FYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FYX with funds that move differently
First Trust Small Cap Core AlphaDEX Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FYX.
Explore FYX Diversifiers