First Trust Small Cap Core AlphaDEX Fund
FYX
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- May 10, 2007
- CIK
- 0001383496
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before fees and expenses, of the Nasdaq AlphaDEX Small Cap Core Index. The fund employs a quantitative methodology to select small-cap U.S. equity securities based on a proprietary AlphaDEX stock selection process blending growth and value factors, resulting in a diversified portfolio of approximately 524 holdings across sectors including financials, industrials, health care, consumer discretionary, information technology, and energy; top holdings as of recent data include Alignment Healthcare Inc., DNOW Inc., TG Therapeutics Inc., Palomar Holdings Inc., and Stride Inc. It primarily invests in U.S. stocks representing 98.42% of assets, with minor exposure to non-U.S. stocks at 1.50% and cash at 0.08%, targeting institutional and retail investors seeking small-cap core exposure. Launched on May 8, 2007 and domiciled in the United States, the fund is managed by First Trust Advisors L.P., with a team including Roger Testin, Daniel Lindquist, Jon Erickson, David McGarel, Stan Ueland, Chris Peterson, and Erik Russo; it trades on Nasdaq with total net assets of approximately $940 million and a net expense ratio of 0.61%. The underlying index methodology was updated on April 8, 2016, from the Defined Small Cap Core Index to the Nasdaq AlphaDEX Small Cap Core Index, enhancing its focus on alpha-generating small-cap stocks selected from the Nasdaq US 700 Small Cap Index. Recent developments include hitting new 52-week highs in December 2025, reaching $113.50, amid increased institutional interest with new positions acquired by firms such as Twin Peaks Wealth Advisors LLC ($59,000 in Q2 2025), CX Institutional ($68,000 in Q3 2025), and Walkner Condon Financial Advisors LLC ($201,000 in Q3 2025). The fund announced a quarterly dividend increase to $0.2692 per share paid on September 30, 2025 (ex-date September 25, 2025), boosting the annualized yield to 0.9% from a prior $0.08 quarterly payout, as part of First Trust Advisors L.P.'s broader ETF distribution declarations in December 2025. Ongoing portfolio rebalancing reflects current market conditions, with no reported acquisitions, partnerships, or major strategic shifts specific to FYX in the last 1-2 years.