TSCV vs. FYT

Last updated Apr 4, 2026

Compare and contrast key facts about Thrivent Small Cap Value ETF (TSCV) and First Trust Small Cap Value AlphaDEX Fund (FYT).

TSCV and FYT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TSCV is an actively managed fund by Thrivent. It was launched on Mar 31, 2022. 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.

Performance

TSCV vs. FYT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Small Cap Value ETF (TSCV) 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, TSCV achieves a 6.03% return, which is significantly lower than FYT's 9.94% return.

TSCV

• 1D: -0.29%
• 1M: -1.73%
• YTD: 6.03%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FYT

• 1D: 0.62%
• 1M: -0.99%
• YTD: 9.94%
• 6M: 10.36%
• 1Y: 39.46%
• 3Y*: 12.48%
• 5Y*: 5.65%
• 10Y*: 9.95%

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

TSCV vs. FYT - Yearly Performance Comparison

	2026 (YTD)	2025
TSCV Thrivent Small Cap Value ETF	6.03%	6.24%
FYT First Trust Small Cap Value AlphaDEX Fund	9.94%	7.50%

Correlation

The correlation between TSCV and FYT is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.

TSCV vs. FYT - Expense Ratio Comparison

TSCV has a 0.60% expense ratio, which is lower than FYT's 0.72% expense ratio.

FYT

First Trust Small Cap Value AlphaDEX Fund

TSCV

Thrivent Small Cap Value ETF

Return for Risk

TSCV 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: 54
FYT Sharpe Ratio Rank: 54
FYT Sortino Ratio Rank: 59
FYT Omega Ratio Rank: 52
FYT Calmar Ratio Rank: 55
FYT Martin Ratio Rank: 52

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.

TSCV vs. FYT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Small Cap Value ETF (TSCV) 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

	TSCV	FYT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.03	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.25	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.18	0.38	+1.80

Drawdowns

TSCV vs. FYT - Drawdown Comparison

The maximum TSCV drawdown since its inception was -10.17%, smaller than the maximum FYT drawdown of -50.48%. Use the drawdown chart below to compare losses from any high point for TSCV and FYT.

Drawdown Indicators

	TSCV	FYT	Difference
Max Drawdown Largest peak-to-trough decline	-10.17%	-50.48%	+40.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.34%	—
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	-5.81%	-3.54%	-2.27%
Average Drawdown Average peak-to-trough decline	-2.48%	-8.62%	+6.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.16%	—

Volatility

Volatility by Period

	TSCV	FYT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.57%	24.21%	-6.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.57%	22.63%	-5.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.57%	25.98%	-8.41%

Dividends

TSCV vs. FYT - Dividend Comparison

TSCV's dividend yield for the trailing twelve months is around 0.27%, less than FYT's 1.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TSCV Thrivent Small Cap Value ETF	0.27%	0.28%	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	1.18%	0.94%	2.07%	1.50%	1.36%	1.19%	0.96%	1.44%	1.78%	1.16%	1.16%	0.96%