Key stats
About First Trust Small Cap Value AlphaDEX Fund
Expense ratio
0.70%
Home page
Inception date
Apr 19, 2011
FYT tracks an index which implements its proprietary AlphaDEX selection methodology to select small-cap value stocks. The index starts by removing stocks from the NASDAQ US 700 Small Cap Index which do not trade on an eligible exchange, duplicate stocks, and do not meet liquidity screens. Then, all remaining securities are grouped into either growth or value buckets. Only those in the value buckets are eligible for inclusion. Those eligible are then scored individually and the top 262 stocks are selected for inclusion in the index. The selected stocks are then split into quintiles based on their selection score, with higher scoring quintiles receiving a greater weight in the Index. The stocks are equally-weighted within each quintile. The index is reconstituted and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.91%
Finance35.66%
Producer Manufacturing7.10%
Consumer Services6.77%
Energy Minerals5.43%
Consumer Durables5.39%
Retail Trade4.63%
Transportation4.35%
Utilities4.20%
Process Industries4.11%
Electronic Technology3.65%
Consumer Non-Durables3.63%
Commercial Services3.53%
Distribution Services2.91%
Technology Services2.14%
Communications1.89%
Health Technology1.64%
Non-Energy Minerals1.18%
Health Services1.15%
Industrial Services0.56%
Bonds, Cash & Other0.09%
Cash0.09%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history