FYT
First Trust Small Cap Value AlphaDEX Fund
📎 Investment Objective
The First Trust Small Cap Value AlphaDEX Fund (FYT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Small Cap Value Index.
Overview
ETF tracking First Trust Small Cap Value AlphaDEX Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The First Trust Small Cap Value AlphaDEX Fund (FYT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the NASDAQ AlphaDEX® Small Cap Value Index.
🎯 Investment Strategy
The fund employs an 'AlphaDEX' stock selection methodology to identify small-cap value stocks that the fund's index provider believes have the greatest potential for capital appreciation. The fund invests in a portfolio of securities that the index provider has selected based on various growth and value factors.
✨ Key Features
- Focuses on small-cap value stocks with potential for capital appreciation
- Uses a proprietary 'AlphaDEX' stock selection methodology to identify promising companies
- Diversified portfolio of small-cap stocks across multiple sectors
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to small-cap stocks, which may be more volatile and less liquid than large-cap stocks
- Potential for higher risk and volatility compared to broader market indexes
- Reliance on the index provider's stock selection methodology, which may not always be successful
- Lack of performance history, as the fund is relatively new
👤 Best For
The First Trust Small Cap Value AlphaDEX Fund may be suitable for investors seeking exposure to small-cap value stocks with the potential for capital appreciation, as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the increased volatility associated with small-cap stocks.