ACSV vs. FYT

Last updated Jun 4, 2026

ACSV (American Century Small Cap Value Insights ETF) and FYT (First Trust Small Cap Value AlphaDEX Fund) are both Small Cap Value Equities funds. ACSV is actively managed, while FYT is passively managed. Their correlation of 0.94 suggests significant overlap in exposure. ACSV charges 0.49%/yr vs 0.72%/yr for FYT.

Performance

ACSV vs. FYT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Small Cap Value Insights ETF (ACSV) and First Trust Small Cap Value AlphaDEX Fund (FYT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ACSV having a 14.95% return and FYT slightly higher at 15.42%.

ACSV

• 1D: -1.12%
• 1M: 1.83%
• YTD: 14.95%
• 6M: 14.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FYT

• 1D: -1.70%
• 1M: -1.10%
• YTD: 15.42%
• 6M: 14.14%
• 1Y: 34.20%
• 3Y*: 15.03%
• 5Y*: 5.74%
• 10Y*: 9.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACSV vs. FYT - Yearly Performance Comparison

	2026 (YTD)	2025
ACSV American Century Small Cap Value Insights ETF	14.95%	2.82%
FYT First Trust Small Cap Value AlphaDEX Fund	15.42%	5.35%

Correlation

The correlation between ACSV and FYT is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025	0.94

Return for Risk

ACSV vs. FYT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FYT

FYT Risk / Return Rank: 61
FYT Sharpe Ratio Rank: 53
FYT Sortino Ratio Rank: 58
FYT Omega Ratio Rank: 52
FYT Calmar Ratio Rank: 80
FYT Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACSV vs. FYT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Small Cap Value Insights ETF (ACSV) and First Trust Small Cap Value AlphaDEX Fund (FYT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ACSV	FYT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.83	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.26	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.94	0.39	+1.55

Drawdowns

ACSV vs. FYT - Drawdown Comparison

The maximum ACSV drawdown since its inception was -7.39%, smaller than the maximum FYT drawdown of -50.48%. Use the drawdown chart below to compare losses from any high point for ACSV and FYT.

Drawdown Indicators

	ACSV	FYT	Difference
Max Drawdown Largest peak-to-trough decline	-7.39%	-50.48%	+43.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-50.48%	—
Current Drawdown Current decline from peak	-1.12%	-2.65%	+1.53%
Average Drawdown Average peak-to-trough decline	-1.82%	-8.54%	+6.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	ACSV	FYT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	18.90%	-2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.92%	22.56%	-6.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.92%	25.96%	-10.04%

ACSV vs. FYT - Expense Ratio Comparison

ACSV has a 0.49% expense ratio, which is lower than FYT's 0.72% expense ratio.

Dividends

ACSV vs. FYT - Dividend Comparison

ACSV's dividend yield for the trailing twelve months is around 0.52%, less than FYT's 1.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACSV American Century Small Cap Value Insights ETF	0.52%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FYT First Trust Small Cap Value AlphaDEX Fund	1.12%	0.94%	2.07%	1.50%	1.36%	1.19%	0.96%	1.44%	1.78%	1.16%	1.16%	0.96%

Frequently Asked Questions

Can I hold both ACSV and FYT in my portfolio?

With a correlation of 0.94, ACSV and FYT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ACSV or FYT?

On fees, ACSV is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACSV or FYT?

ACSV is cheaper with a 0.49% expense ratio, compared with 0.72% for FYT.

Which ETF pays a higher dividend yield, ACSV or FYT?

FYT has the higher dividend yield at 1.12%, compared with 0.52% for ACSV.

What is the main difference between ACSV and FYT?

They also come from different issuers: American Century and First Trust. Their fees differ too: 0.49% for ACSV and 0.72% for FYT.