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.

Zacks Investment Research • Dec 12, 2025

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.

Zacks Investment Research • Nov 28, 2025

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.

Seeking Alpha • Oct 23, 2025

FYC: High Fee, High Risk, Little Reward From Growthier SMID Stocks

FYC is a passively managed ETF targeting high-growth names in the small-cap arena. FYC has beaten a few SMID peers since the index change but underperformed the market proxied with IVV. Risk metrics, including the maximum drawdowns, have been especially worrisome. FYC's factor mix is not to my liking. While its growth characteristics look strong, exposure to low-quality and high-beta stocks is an issue.

Seeking Alpha • Mar 26, 2025

Why Is The IPO Market Struggling? Here's What Active Managers Have To Say

Strong returns in U.S. stocks, particularly over the past two plus years, have led investors to question the relative lack of companies going public via the IPO process — as well as the potential implications for the IPO market in the long term. According to active equity managers, a combination of increased public market regulation, a reduced pipeline of potential offerings following the prior boom, the rising role of large private asset managers in capital raising, and near-term uncertainty surrounding government policy are all contributing factors. At Russell Investments, we think investors benefit from taking a long-term view.

Seeking Alpha • Mar 11, 2025

5 Small-Cap ETFs That Outperformed Russell 2000 in the Last 3 Months

Small-cap ETFs have been outperforming on optimism over Donald Trump's policies, which will likely result in faster economic growth.

Zacks Investment Research • Dec 6, 2024

Small-Cap Growth ETF (FYC) Hit a New 52-Week High

For investors seeking momentum, Smallcap Growth Alphadex Fund First Trust FYC is probably on the radar. The fund just hit a 52-week high and is up 44.91% from its 52-week low price of $51.39/share.

Zacks Investment Research • Sep 19, 2024

FYC: A Smart Or Speculative Small-Cap Growth ETF?

FYC holds 262 small-cap growth stocks selected based on three short-term screens: price momentum, sales to price ratio, and one-year sales growth. Its expense ratio is high at 0.70%. While these screens are mostly momentum-based, FYC features an attractive 19.87% estimated EPS growth while trading at just 18.14x forward earnings. Importantly, it's also well-diversified. There are risks that FYC is borderline speculative. It holds many non-profitable biotechnology stocks, and its low asset turnover ratio indicates a relatively inefficient use of assets to generate sales.

Seeking Alpha • Sep 13, 2024

Small-Cap Growth ETF (FYC) Hits New 52-Week High

For investors seeking momentum, First Trust Small Cap Growth AlphaDEX Fund FYC is probably on the radar. The fund just hit a 52-week high and is up 29% from its 52-week low price of $51.39/share.

Zacks Investment Research • May 8, 2024

The One Chart That May Surprise You About Small-Cap Stocks

Data on the rotation between small-cap growth and value stocks goes back decades. Looking back over 40 years, small value beat small growth about two-thirds of the time.

Seeking Alpha • Aug 3, 2021