First Trust Small Cap Growth Fund (FYC)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
FYC Chart
Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now?
A smart beta exchange traded fund, the First Trust Small Cap Growth AlphaDEX ETF (FYC) debuted on 04/19/2011, and offers broad exposure to the Style Box - Small Cap Growth category of the market.
Should First Trust Small Cap Growth AlphaDEX ETF (FYC) Be on Your Investing Radar?
The First Trust Small Cap Growth AlphaDEX ETF (FYC) was launched on April 19, 2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Small Cap Growth segment of the US equity market.
FYC: Small-Cap Exposure With Mixed Growth Metrics
The Invesco First Trust Small Cap Growth AlphaDEX ETF offers diversified, rules-based exposure to U.S. small-cap growth stocks with a unique sector mix. FYC outperforms both the Russell 2000 and small-cap growth peers over 3- and 5-year periods, though with higher volatility and turnover. The ETF trades at a mid-range valuation (20.5x P/E), has a strong bias toward healthcare and industrials, but lags in profitability versus the benchmark.
First Trust Small Cap Growth Fund (FYC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has First Trust Small Cap Growth Fund ever had a stock split?
First Trust Small Cap Growth Fund Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The company in question operates a financial investment fund that focuses on investing in small-cap growth stocks listed on the NASDAQ. Utilizing a distinctive investment strategy, the fund aims to invest a significant portion of its assets into securities that are expected to outperform traditional market indices through the adoption of the AlphaDEX® selection methodology. This methodology is designed to identify stocks from the NASDAQ US 700 Small Cap Index TM, which have the potential to produce positive alpha, indicating risk-adjusted returns that surpass those of conventional benchmarks. The fund's investment approach emphasizes a commitment to invest at least 90% of its net assets, including any borrowed investments, in the constituents of the index that are believed to offer beneficial growth opportunities.
Products and Services
- Growth Stock Investments
The core product of the company is its investment vehicle that primarily targets growth stocks within the small-cap segment of the NASDAQ. By focusing on these growth stocks, the fund aims to provide investors with the opportunity to participate in the potential high returns associated with small-cap companies that demonstrate promising growth prospects.
- AlphaDEX® Selection Methodology
This unique service offering involves the utilization of the AlphaDEX® selection methodology for stock picking. This methodology is designed to enhance the fund's performance by selecting stocks that may provide positive alpha, which refers to the excess returns of a fund relative to the return of a benchmark index. The AlphaDEX® approach seeks to systematically identify these growth stocks in an effort to achieve risk-adjusted returns that outperform those of traditional investment indices.
Contact Information
