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 49 ETFs in the Small Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.03% | 16.36B | Jul 2013 | FYX vs SPSM | |
| Schwab U.S. Small-Cap ETF | 0.04% | 23.58B | Nov 2009 | FYX vs SCHA | |
| iShares Morningstar Small-Cap ETF | 0.04% | 290.06M | Jun 2004 | FYX vs ISCB | |
| Vanguard Small-Cap ETF | 0.05% | 182.70B | Jan 2004 | FYX vs VB | |
| iShares Core S&P Small-Cap ETF | 0.06% | 109.76B | May 2000 | FYX vs IJR |
Best Risk-Adjusted Alternatives to FYX
FYX has a PortfoliosLab risk / return rank of 87. No ETFs in the Small Cap Blend Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan Fundamental Data Science Small Core ETF | 85 | 9.11M | Aug 2024 | FYX vs SCDS | |
| Fidelity Enhanced Small Cap ETF | 85 | 5.29B | Dec 2007 | FYX vs FESM | |
| Invesco NASDAQ Future Gen 200 ETF | 80 | 26.73M | Oct 2022 | FYX vs QQQS | |
| Hartford Multifactor Small Cap ETF | 79 | 59.51M | Mar 2015 | FYX vs ROSC | |
| U.S. Small Cap Equity Active ETF | 79 | — | May 2025 | FYX vs RUSC |
Top Performing FYX Alternatives (YTD)
FYX is at 22.94% YTD. There are 8 ETFs in the Small Cap Blend Equities category with higher YTD returns, going as high as 56.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily Small Cap Bull 3X Shares | 56.90% | 1.44B | Nov 2008 | FYX vs TNA | |
| Allspring SMID Core ETF | 31.27% | 78.82M | Jul 2025 | FYX vs ASCE | |
| JPMorgan Fundamental Data Science Small Core ETF | 27.90% | 9.11M | Aug 2024 | FYX vs SCDS | |
| abrdn Focused U.S. Small Cap Active ETF | 26.03% | 10.83M | Jun 2004 | FYX vs AFSC | |
| Inspire Small/Mid Cap Impact ETF | 25.15% | 328.92M | Feb 2017 | FYX vs ISMD |
Lowest Volatility Alternatives to FYX
FYX has 18.42% 1-year volatility. There are 42 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 | |
| First Trust Horizon Managed Volatility Small/Mid E... | 10.60% | 33.69M | Apr 2020 | FYX vs HSMV | |
| Global X Russell 2000 Covered Call ETF | 10.66% | 1.36B | Apr 2019 | FYX vs RYLD | |
| OShares U.S. Small-Cap Quality Dividend ETF | 13.17% | 875.00M | Dec 2016 | FYX vs OUSM | |
| Opus Small Cap Value Plus ETF | 13.36% | 685.56M | Jul 2018 | FYX vs OSCV |
Lowest Drawdown Alternatives to FYX
FYX has a 1-year max drawdown of -7.56%. There are 6 ETFs in the Small Cap Blend 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 100 ETF | -6.15% | 3.49B | Jun 2017 | FYX vs CALF | |
| Global X Russell 2000 Covered Call ETF | -6.29% | 1.36B | Apr 2019 | FYX vs RYLD | |
| Hypatia Women CEO ETF | -6.96% | 5.55M | Jan 2023 | FYX vs WCEO | |
| 6 Meridian Small Cap Equity ETF | -7.16% | 106.31M | May 2020 | FYX vs SIXS | |
| VictoryShares US Small Cap High Dividend Volatilit... | -7.18% | 257.49M | Jul 2015 | FYX vs CSB |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.
Often Compared With FYX
Investors most often compare FYX with FYC, SPMO, IWY. These 19 comparison targets span 11 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