FYT - FYT: Good Fundamentals, But Some Competitors Are More Compelling
2025-02-06 08:26:56 ET
Summary
- First Trust Small Cap Value AlphaDEX® Fund ETF combines two factors of the Fama-French model, size and value.
- FYT is well diversified across holdings, but quite concentrated in financials.
- FYT combines value and growth characteristics and shows impressive dividend growth.
- However, some competitors are more compelling, with better return, higher liquidity, lower fees, and a better chance to avoid value traps through active management.
FYT strategy
First Trust Small Cap Value AlphaDEX® Fund ETF ( FYT ) started investing operations on 4/19/2011 and tracks the Nasdaq AlphaDEX Small Cap Value Index. FYT has 262 holdings, a 30-day SEC yield of 1.52% and an expense ratio of 0.72%....
FYT: Good Fundamentals, But Some Competitors Are More Compelling