FYT vs. SPYG
Compare and contrast key facts about First Trust Small Cap Value AlphaDEX Fund (FYT) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FYT and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FYT is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Small Cap Value Index. It was launched on Apr 18, 2011. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both FYT and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYT or SPYG.
Correlation
The correlation between FYT and SPYG is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FYT vs. SPYG - Performance Comparison
Key characteristics
FYT:
0.36
SPYG:
1.86
FYT:
0.68
SPYG:
2.44
FYT:
1.08
SPYG:
1.33
FYT:
0.68
SPYG:
2.66
FYT:
1.41
SPYG:
10.21
FYT:
5.30%
SPYG:
3.32%
FYT:
20.80%
SPYG:
18.13%
FYT:
-50.48%
SPYG:
-67.79%
FYT:
-8.46%
SPYG:
-2.10%
Returns By Period
In the year-to-date period, FYT achieves a 0.13% return, which is significantly lower than SPYG's 2.88% return. Over the past 10 years, FYT has underperformed SPYG with an annualized return of 6.81%, while SPYG has yielded a comparatively higher 15.53% annualized return.
FYT
0.13%
-0.18%
5.23%
9.96%
10.33%
6.81%
SPYG
2.88%
1.19%
22.25%
31.02%
16.32%
15.53%
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FYT vs. SPYG - Expense Ratio Comparison
FYT has a 0.72% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
FYT vs. SPYG — Risk-Adjusted Performance Rank
FYT
SPYG
FYT vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Small Cap Value AlphaDEX Fund (FYT) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Dividends
FYT vs. SPYG - Dividend Comparison
FYT's dividend yield for the trailing twelve months is around 2.07%, more than SPYG's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYT First Trust Small Cap Value AlphaDEX Fund | 2.07% | 2.07% | 1.50% | 1.36% | 1.19% | 0.96% | 1.44% | 1.78% | 1.16% | 1.16% | 0.96% | 0.85% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.59% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
FYT vs. SPYG - Drawdown Comparison
The maximum FYT drawdown since its inception was -50.48%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FYT and SPYG. For additional features, visit the drawdowns tool.
Volatility
FYT vs. SPYG - Volatility Comparison
The current volatility for First Trust Small Cap Value AlphaDEX Fund (FYT) is 4.95%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 6.55%. This indicates that FYT experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.