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Upturn AI SWOT - About
First Trust Small Cap Value AlphaDEX® Fund (FYT)
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Upturn Advisory Summary
03/11/2025: FYT (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -12.69% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/11/2025 |
Key Highlights
Volume (30-day avg) 17891 | Beta 1.17 | 52 Weeks Range 48.61 - 60.88 | Updated Date 03/28/2025 |
52 Weeks Range 48.61 - 60.88 | Updated Date 03/28/2025 |
Upturn AI SWOT
First Trust Small Cap Value AlphaDEX® Fund
ETF Overview
Overview
The First Trust Small Cap Value AlphaDEXu00ae Fund (FYX) seeks investment results that correspond generally to the price and yield of an index called the StrataQuantu00ae Small Cap Value Index. The fund employs an AlphaDEXu00ae methodology to select and weight stocks within the small-cap value space, aiming for enhanced returns.
Reputation and Reliability
First Trust is a well-established ETF provider known for its innovative investment strategies.
Management Expertise
First Trust has a dedicated team with expertise in quantitative and active management strategies.
Investment Objective
Goal
To provide investment results that correspond generally to the price and yield of the StrataQuantu00ae Small Cap Value Index.
Investment Approach and Strategy
Strategy: The fund aims to outperform traditional market-cap-weighted indexes through a quantitative, rules-based approach focused on value characteristics.
Composition Primarily holds a diversified portfolio of small-cap value stocks selected based on growth and value factors.
Market Position
Market Share: FYX holds a small market share compared to larger small-cap value ETFs.
Total Net Assets (AUM): 155173594
Competitors
Key Competitors
- VTV
- IJS
- AVUV
- DFSV
Competitive Landscape
The small-cap value ETF market is competitive, with several large and established funds. FYX's AlphaDEXu00ae methodology aims to provide an edge, but its smaller size may limit liquidity compared to larger competitors. It competes on the basis of its stock selection methodology. The fund's disadvantage compared to some of its competitors is its lower AUM and higher expense ratio.
Financial Performance
Historical Performance: Historical performance varies depending on market conditions, with potential for outperformance during value-oriented market cycles.
Benchmark Comparison: Performance should be compared to the StrataQuantu00ae Small Cap Value Index and other small-cap value benchmarks.
Expense Ratio: 0.6
Liquidity
Average Trading Volume
FYX's average trading volume is moderate, indicating sufficient liquidity for most investors.
Bid-Ask Spread
The bid-ask spread is generally reasonable, reflecting the fund's liquidity.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, and investor sentiment towards small-cap and value stocks influence FYX's performance.
Growth Trajectory
Growth depends on the continued appeal of the AlphaDEXu00ae methodology and investor demand for small-cap value exposure.
Moat and Competitive Advantages
Competitive Edge
FYX's competitive edge lies in its AlphaDEXu00ae methodology, which uses quantitative factors to select and weight stocks. This approach aims to identify undervalued companies with strong growth potential, potentially leading to superior returns compared to traditional market-cap-weighted indexes. The rules-based approach aims to reduce human bias and improve consistency. However, this model driven approach may not succeed in rapidly evolving markets.
Risk Analysis
Volatility
Small-cap stocks are inherently more volatile than large-cap stocks, contributing to FYX's potential for higher volatility.
Market Risk
Market risk includes general economic downturns, sector-specific risks, and fluctuations in investor sentiment towards value stocks.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to small-cap value stocks with a preference for a quantitative, rules-based selection methodology.
Market Risk
Suitable for long-term investors and passive index followers with a higher risk tolerance due to the volatility of small-cap stocks.
Summary
First Trust Small Cap Value AlphaDEXu00ae Fund offers exposure to small-cap value stocks using a unique AlphaDEXu00ae methodology. The fund aims to outperform traditional market-cap-weighted indexes. However, its smaller size may limit liquidity compared to larger competitors. It's suited for investors comfortable with small-cap volatility and seeking a rules-based approach to value investing. The fund's performance is influenced by market conditions and investor sentiment toward value stocks.
Similar Companies
- VTV
- IJS
- AVUV
- DFSV
- IWN
- VB
Sources and Disclaimers
Data Sources:
- First Trust Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market share data is approximate and based on publicly available information.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About First Trust Small Cap Value AlphaDEX® Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities and real estate investment trusts that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
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