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First Trust Small Cap Value AlphaDEX Fund (FYT)

Small Value | Exchange Traded Fund | NasdaqGM
70.19 USD +0.43 (0.621%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 70.19 -0.05 (-0.047%) ⇩ (July 13, 2026, 4:10 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 5:56 a.m. EDT

The fund presents a classic value trap scenario where the business has recovered significantly over the long term, yet the market remains skeptical about immediate momentum. Over the last nine years, the portfolio has delivered an impressive +80.47% cumulative return, driven by five years of positive annual growth against four years of declines. However, the most recent twelve-month performance was flat (-0.90%), and the price has failed to reclaim its 200-day moving average, leaving it trading near its 52-week lows. This disconnect suggests the market views the current valuation as fair rather than cheap, despite the trailing P/E of 13.6x. The short-term outlook is neutral; while the statistical model hints at a slight downside drift over the next 45 days, the technicals show no clear catalyst for a breakout. For income investors, the 1.48% yield is modest and inconsistent, fluctuating widely from quarter to quarter without a clear upward trend, making it unsuitable as a core income vehicle. This is a hold for patient value buyers waiting for a mean reversion in the small-cap value premium, but not a high-conviction entry for the near term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_126 ✓0.022442
MSTL0.030770
AutoTheta0.031041
AutoARIMA0.032874
AutoETS0.032874

Forecast horizon: 60 days | Selected: MSTL_126

Forecast Reliability
Score 55%
H-stat 1.37
Ljung-Box p 0.000
Jarque-Bera p 0.306
Excess Kurtosis -0.86
Attribute Value
Trailing P/E 13.69

As of July 11, 2026, 5:56 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across strikes. The single ATM anchor shows standard implied volatility with no speculative positioning, indicating a lack of directional bets from retail or institutional traders.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.43% 1.68% 1.53% 1.52%
Dividend History
Date Dividend Yield %
2026-06-25 0.298 0.433329
2026-03-26 0.201 0.324350
2025-12-12 0.325 0.557175
2025-09-25 0.205 0.369903
2024-12-13 0.544 0.934066
2024-09-26 0.237 0.432245
2024-06-27 0.237 0.463524
2024-03-21 0.122 0.227612
2023-12-22 0.283 0.517936
2023-09-22 0.155 0.333764
2023-06-27 0.245 0.539173
2023-03-24 0.135 0.308149
2022-12-23 0.246 0.545455
2022-09-23 0.161 0.385444
2022-06-24 0.125 0.276488
2022-03-25 0.082 0.157088
2021-12-23 0.256 0.489110
2021-09-23 0.156 0.312437
2021-06-24 0.104 0.201472
2021-03-25 0.116 0.233025
2020-12-24 0.148 0.357920
2020-09-24 0.107 0.358699
2020-06-25 0.116 0.393354
2020-03-26 0.029 0.126142
2019-12-13 0.169 0.453935
2019-09-25 0.195 0.557940
2019-06-14 0.100 0.299670
2019-03-21 0.089 0.251483
2018-12-18 0.222 0.696143
2018-09-14 0.116 0.293745
2018-06-21 0.175 0.449987
2018-03-22 0.038 0.106205
2017-12-21 0.172 0.464363
2017-09-21 0.046 0.134582
2017-06-22 0.151 0.453317
2017-03-23 0.057 0.171171
2016-12-21 0.223 0.627462
2016-09-21 0.072 0.236531
2016-06-22 0.064 0.223308
2016-03-23 0.044 0.160000
2015-12-23 0.071 0.254389
2015-09-23 0.049 0.177215
2015-06-24 0.053 0.158020
2015-03-25 0.086 0.258413
2014-12-23 0.089 0.272421
2014-09-23 0.062 0.203145
2014-06-24 0.080 0.247219
2014-03-25 0.050 0.153941
2013-12-18 0.065 0.210084
2013-09-20 0.028 0.097765
2013-06-21 0.034 0.130820
2013-03-21 0.008 0.032441
2012-12-21 0.154 0.691824
2012-06-21 0.095 0.499212
2011-12-21 0.044 0.228690
2011-06-21 0.030 0.155763
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2018-03-29
dividendYield 1.48

Info Dump

Attribute Value
All Time High 70.67
All Time Low 15.7
Ask 70.5
Ask Size 2
Average Daily Volume10 Day 11,960
Average Daily Volume3 Month 16,154
Average Volume 16,154
Average Volume10Days 11,960
Beta3 Year 0.92
Bid 69.98
Bid Size 2
Category Small Value
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 70.36
Day Low 70.1932
Dividend Date 1,522,281,600
Dividend Yield 1.48
Eps Trailing Twelve Months 5.1275444
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 67.0326
Fifty Day Average Change 3.1605988
Fifty Day Average Change Percent 0.047150172
Fifty Two Week Change Percent 32.441666
Fifty Two Week High 70.67
Fifty Two Week High Change -0.476799
Fifty Two Week High Change Percent -0.006746838
Fifty Two Week Low 50.15
Fifty Two Week Low Change 20.043198
Fifty Two Week Low Change Percent 0.39966494
Fifty Two Week Range 50.15 - 70.67
First Trade Date Milliseconds 1,303,306,200,000
Five Year Average Return 0.0817355
Full Exchange Name NasdaqGM
Fund Family First Trust
Fund Inception Date 1,303,171,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name First Trust Small Cap Value AlphaDEX Fund
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_130256854
Nav Price 69.31
Net Assets 181,518,544.0
Net Expense Ratio 0.7
Open 70.2217
Post Market Change -0.046798706
Post Market Change Percent -0.06662686
Post Market Price 70.1932
Post Market Time 1,783,973,404
Previous Close 69.76
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.43319702
Regular Market Change Percent 0.62098193
Regular Market Day High 70.36
Regular Market Day Low 70.1932
Regular Market Day Range 70.1932 - 70.36
Regular Market Open 70.2217
Regular Market Previous Close 69.76
Regular Market Price 70.1932
Regular Market Time 1,783,972,800
Regular Market Volume 3,667
Short Name First Trust Small Cap Value Alp
Source Interval 15
Symbol FYT
Three Year Average Return 0.166631
Total Assets 181,518,544
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 13.689438
Trailing Peg Ratio None
Trailing Three Month Nav Returns 13.41346
Trailing Three Month Returns 13.41346
Triggerable 1
Two Hundred Day Average 61.24045
Two Hundred Day Average Change 8.952747
Two Hundred Day Average Change Percent 0.14619009
Type Disp ETF
Volume 3,667
Yield 0.0148
Ytd Return 24.01261