MYLD vs. FYT

Last updated Jun 23, 2026

MYLD (Cambria Micro And Smallcap Shareholder Yield ETF) and FYT (First Trust Small Cap Value AlphaDEX Fund) are both Small Cap Value Equities funds. MYLD is actively managed, while FYT is passively managed. Over the past year, MYLD returned 39.32% vs 38.57% for FYT. Their correlation of 0.93 suggests significant overlap in exposure. MYLD charges 0.59%/yr vs 0.72%/yr for FYT.

Performance

MYLD vs. FYT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Micro And Smallcap Shareholder Yield ETF (MYLD) and First Trust Small Cap Value AlphaDEX Fund (FYT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYLD achieves a 17.05% return, which is significantly lower than FYT's 19.08% return.

MYLD

• 1D: -0.07%
• 1M: 3.47%
• YTD: 17.05%
• 6M: 15.43%
• 1Y: 39.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FYT

• 1D: -0.56%
• 1M: 2.75%
• YTD: 19.08%
• 6M: 17.03%
• 1Y: 38.57%
• 3Y*: 16.73%
• 5Y*: 7.22%
• 10Y*: 10.70%

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

MYLD vs. FYT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYLD Cambria Micro And Smallcap Shareholder Yield ETF	17.05%	10.48%	6.53%
FYT First Trust Small Cap Value AlphaDEX Fund	19.08%	4.00%	6.41%

Correlation

The correlation between MYLD and FYT is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 4, 2024	0.93

The correlation between MYLD and FYT has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

Return for Risk

MYLD vs. FYT — Risk / Return Rank

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

MYLD

MYLD Risk / Return Rank: 70
MYLD Sharpe Ratio Rank: 69
MYLD Sortino Ratio Rank: 72
MYLD Omega Ratio Rank: 66
MYLD Calmar Ratio Rank: 79
MYLD Martin Ratio Rank: 65

FYT

FYT Risk / Return Rank: 71
FYT Sharpe Ratio Rank: 65
FYT Sortino Ratio Rank: 70
FYT Omega Ratio Rank: 61
FYT Calmar Ratio Rank: 86
FYT Martin Ratio Rank: 73

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.

MYLD vs. FYT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Micro And Smallcap Shareholder Yield ETF (MYLD) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MYLD	FYT	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.07	+0.09
Sortino ratio: Return per unit of downside risk	3.13	3.04	+0.08
Omega ratio: Gain probability vs. loss probability	1.38	1.36	+0.02
Calmar ratio: Return relative to maximum drawdown	3.98	4.65	-0.67
Martin ratio: Return relative to average drawdown	11.53	13.22	-1.69

MYLD vs. FYT - Sharpe Ratio Comparison

The current MYLD Sharpe Ratio is 2.15, which is comparable to the FYT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of MYLD and FYT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MYLD vs. FYT - Drawdown Comparison

The maximum MYLD drawdown since its inception was -28.23%, smaller than the maximum FYT drawdown of -50.48%. Use the drawdown chart below to compare losses from any high point for MYLD and FYT.

Drawdown Indicators

	MYLD	FYT	Difference
Max Drawdown Largest peak-to-trough decline	-28.23%	-50.48%	+22.25%
Max Drawdown (1Y) Largest decline over 1 year	-9.92%	-8.34%	-1.58%
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	-2.31%	-2.26%	-0.05%
Average Drawdown Average peak-to-trough decline	-5.89%	-8.51%	+2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	2.93%	+0.49%

Volatility

MYLD vs. FYT - Volatility Comparison

Cambria Micro And Smallcap Shareholder Yield ETF (MYLD) has a higher volatility of 4.61% compared to First Trust Small Cap Value AlphaDEX Fund (FYT) at 4.26%. This indicates that MYLD's price experiences larger fluctuations and is considered to be riskier than FYT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYLD	FYT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.26%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	11.61%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	18.39%	18.80%	-0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.91%	22.53%	-2.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.91%	25.97%	-6.06%

MYLD vs. FYT - Expense Ratio Comparison

MYLD has a 0.59% expense ratio, which is lower than FYT's 0.72% expense ratio.

Dividends

MYLD vs. FYT - Dividend Comparison

MYLD's dividend yield for the trailing twelve months is around 2.25%, more than FYT's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYT First Trust Small Cap Value AlphaDEX Fund	1.09%	0.94%	2.07%	1.50%	1.36%	1.19%	0.96%	1.44%	1.78%	1.16%	1.16%	0.96%
MYLD Cambria Micro And Smallcap Shareholder Yield ETF	2.25%	6.22%	3.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYLD and FYT in my portfolio?

With a correlation of 0.93, MYLD 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 is riskier, MYLD or FYT?

MYLD has higher volatility (4.61%) compared to FYT (4.26%). In terms of maximum drawdown, MYLD dropped -28.23% vs FYT's -50.48%.

Which ETF is better, MYLD or FYT?

On 1-year performance, MYLD leads with 39.32% vs 38.57% for FYT. On fees, MYLD is cheaper at 0.59% per year. On volatility, FYT has been the lower-risk option at 4.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYLD or FYT?

Over the 1-year period, MYLD has performed better with a 39.32% return vs 38.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYLD or FYT?

MYLD is cheaper with a 0.59% expense ratio, compared with 0.72% for FYT.

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

MYLD has the higher dividend yield at 2.25%, compared with 1.09% for FYT.

What is the main difference between MYLD and FYT?

They also come from different issuers: Cambria and First Trust. Their fees differ too: 0.59% for MYLD and 0.72% for FYT.

Which has better risk-adjusted returns?

MYLD currently has the higher Sharpe Ratio (2.15 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.