SCDS vs. FYX

Last updated Aug 2, 2026

SCDS (JPMorgan Fundamental Data Science Small Core ETF) and FYX (First Trust Small Cap Core AlphaDEX Fund) are both Small Cap Blend Equities funds. SCDS is actively managed, while FYX is passively managed. Over the past year, SCDS returned 40.88% vs 48.76% for FYX. Their correlation of 0.94 means they have usually moved in the same direction. SCDS charges 0.40%/yr vs 0.63%/yr for FYX.

Performance

SCDS vs. FYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Fundamental Data Science Small Core ETF (SCDS) and First Trust Small Cap Core AlphaDEX Fund (FYX). 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 SCDS having a 25.21% return and FYX slightly higher at 25.97%.

SCDS

• 1D: -0.35%
• 1M: -0.91%
• 6M: 17.80%
• YTD: 25.21%
• 1Y: 40.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.53%

FYX

• 1D: -0.58%
• 1M: -0.35%
• 6M: 18.67%
• YTD: 25.97%
• 1Y: 48.76%
• 3Y*: 18.62%
• 5Y*: 10.51%
• 10Y*: 12.59%
• ALL TIME*: 9.33%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FYX First Trust Small Cap Core AlphaDEX Fund	$4.00M	$3.55M	$3.84M
SCDS JPMorgan Fundamental Data Science Small Core ETF	$154.38K	$83.77K	$106.90K

SCDS vs. FYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCDS JPMorgan Fundamental Data Science Small Core ETF	25.21%	11.27%	7.26%
FYX First Trust Small Cap Core AlphaDEX Fund	25.97%	12.68%	11.62%

Correlation

The correlation between SCDS and FYX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (All Time) Calculated using the full available price history since Aug 8, 2024	0.94

The correlation between SCDS and FYX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

SCDS vs. FYX - Sectors Allocation Comparison

Sectors	SCDS	FYX
Financial Services	17.7%	17.4%
Healthcare	17.5%	15.0%
Technology	14.6%	11.8%
Industrials	12.8%	16.4%
Consumer Cyclical	10.5%	11.7%
Real Estate	6.1%	8.6%
Energy	4.4%	5.1%
Basic Materials	4.2%	4.2%
Consumer Defensive	2.9%	5.0%
Utilities	2.8%	1.6%
Communication Services	2.1%	3.2%

Return for Risk

SCDS vs. FYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCDS

SCDS Risk / Return Rank: 89
SCDS Sharpe Ratio Rank: 87
SCDS Sortino Ratio Rank: 88
SCDS Omega Ratio Rank: 84
SCDS Calmar Ratio Rank: 93
SCDS Martin Ratio Rank: 91

FYX

FYX Risk / Return Rank: 94
FYX Sharpe Ratio Rank: 94
FYX Sortino Ratio Rank: 94
FYX Omega Ratio Rank: 91
FYX Calmar Ratio Rank: 96
FYX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCDS vs. FYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Fundamental Data Science Small Core ETF (SCDS) and First Trust Small Cap Core AlphaDEX Fund (FYX). 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.

	SCDS	FYX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.57	-0.46
Sortino ratio: Return per unit of downside risk	3.05	3.70	-0.65
Omega ratio: Gain probability vs. loss probability	1.36	1.43	-0.07
Calmar ratio: Return relative to maximum drawdown	4.39	6.10	-1.70
Martin ratio: Return relative to average drawdown	15.32	20.46	-5.14

SCDS vs. FYX - Sharpe Ratio Comparison

The current SCDS Sharpe Ratio is 2.12, which is comparable to the FYX Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of SCDS and FYX, 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

SCDS vs. FYX - Drawdown Comparison

The maximum SCDS drawdown since its inception was -26.71%, smaller than the maximum FYX drawdown of -61.80%. Use the drawdown chart below to compare losses from any high point for SCDS and FYX.

Drawdown Indicators

	SCDS	FYX	Difference
Max Drawdown Largest peak-to-trough decline	-26.71%	-61.80%	+35.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.85%	-7.56%	-1.29%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.91%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-48.82%	—
Current Drawdown Current decline from peak	-2.37%	-1.70%	-0.67%
Average Drawdown Average peak-to-trough decline	-4.96%	-10.80%	+5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	2.25%	+0.28%

Volatility

SCDS vs. FYX - Volatility Comparison

JPMorgan Fundamental Data Science Small Core ETF (SCDS) and First Trust Small Cap Core AlphaDEX Fund (FYX) have volatilities of 3.72% and 3.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCDS	FYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.72%	3.67%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	13.46%	11.97%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	18.40%	17.93%	+0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.86%	21.81%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.86%	24.15%	-3.29%

SCDS vs. FYX - Expense Ratio Comparison

SCDS has a 0.40% expense ratio, which is lower than FYX's 0.63% expense ratio.

Dividends

SCDS vs. FYX - Dividend Comparison

SCDS's dividend yield for the trailing twelve months is around 0.92%, more than FYX's 0.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYX First Trust Small Cap Core AlphaDEX Fund	0.90%	0.64%	1.62%	1.22%	0.95%	0.99%	0.65%	1.12%	1.08%	0.60%	0.94%	0.88%
SCDS JPMorgan Fundamental Data Science Small Core ETF	0.92%	1.15%	0.42%	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 SCDS and FYX in my portfolio?

With a correlation of 0.91, SCDS and FYX 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, SCDS or FYX?

SCDS has higher volatility (3.72%) compared to FYX (3.67%). In terms of maximum drawdown, SCDS dropped -26.71% vs FYX's -61.80%.

Which ETF is better, SCDS or FYX?

On 1-year performance, FYX leads with 48.76% vs 40.88% for SCDS. On fees, SCDS is cheaper at 0.40% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCDS or FYX?

Over the 1-year period, FYX has performed better with a 48.76% return vs 40.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCDS or FYX?

SCDS is cheaper with a 0.40% expense ratio, compared with 0.63% for FYX.

Which ETF pays a higher dividend yield, SCDS or FYX?

SCDS has the higher dividend yield at 0.92%, compared with 0.90% for FYX.

What is the main difference between SCDS and FYX?

They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.40% for SCDS and 0.63% for FYX.

Which has better risk-adjusted returns?

FYX currently has the higher Sharpe Ratio (2.57 vs 2.12), 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.