Summary
FYC Chart
Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now?
The First Trust Small Cap Growth AlphaDEX ETF (FYC) made its debut on 04/19/2011, and is a smart beta exchange traded fund that provides 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 Growth ETF With High Fees But Compelling Results
The First Trust Small Cap Growth AlphaDEX Fund ETF delivers small-cap growth exposure via a rules-based selection and weighting process. The portfolio is highly diversified, with significant exposure in healthcare (25.2%) and industrials (21.2%), and minimal company-specific risk. FYC has outperformed the S&P SmallCap 600 Index and key small-cap growth ETF competitors, despite a high 0.70% expense ratio.
First Trust Small Cap Growth Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,650 | $153,188 | $200,231.46 | $47,043.46 | 30.71% |
| PB Patricia Buchholtz ECLECTIC ASSOCIATES Inc. /ADV | 158,288 | $12.45M | $19.21M | $6.76M | 54.26% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 25,702 | $1.92M | $3.11M | $1.18M | 61.54% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 6,368 | $469,797.16 | $772,756.8 | $302,959.64 | 64.49% |
 Kimberly Cappellano Private Wealth Asset Management LLC | 1,084 | $74,579 | $131,164 | $56,585 | 75.87% |
First Trust Small Cap Growth Fund (FYC) FAQ
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Does it pay dividends? What is the current yield?
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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.
