FYX - ETF AI Analysis
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First Trust Small Cap Core AlphaDEX Fund (FYX)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and in recent months, indicating positive momentum in its small-cap strategy.
Broad Sector Diversification
Holdings are spread across many sectors such as financials, industrials, health care, consumer stocks, and technology, which helps reduce the impact of weakness in any single industry.
No Single Stock Dominates
The top holdings each make up only a small slice of the fund, so performance is not overly dependent on any one company.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees.
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification outside the United States.
Small-Cap Volatility Risk
Because the fund focuses on small-cap stocks, it may experience larger price swings and higher risk than funds that hold bigger, more established companies.
FYX vs. SPDR S&P 500 ETF (SPY)
AUM1.22B
RegionNorth America
Expense Ratio0.58%
Beta1.00
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.71%
Asset ClassEquity
Index TrackedNasdaq AlphaDEX Small Cap Core Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume34,150
30 Day Avg. Volume36,162
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
154.78Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering524
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FYX Summary
FYX is an exchange-traded fund that follows the Nasdaq AlphaDEX Small Cap Core Index, focusing on smaller U.S. companies across many sectors like financials, industrials, and health care. It uses a rules-based approach to pick stocks it believes have strong growth or value potential. The fund holds a wide mix of names, including companies like Avis Budget and Kaiser Aluminum, giving investors broad small-cap exposure in one investment. Someone might consider FYX to seek long-term growth and diversify beyond large, well-known stocks. A key risk is that small-cap stocks can be more volatile and can go up and down more sharply than the overall market.
How much will it cost me?The expense ratio for FYX is 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is slightly higher than average because FYX uses an actively managed AlphaDEX methodology to select stocks rather than passively tracking an index.
What would affect this ETF?FYX, focusing on U.S. small-cap stocks, could benefit from economic growth and innovation in sectors like technology and healthcare, which are key components of its holdings. However, it may face challenges from rising interest rates or economic slowdowns, which can disproportionately impact smaller companies and sectors like consumer cyclical and financials. Regulatory changes or shifts in market sentiment could also affect the performance of its top holdings in industries such as energy and pharmaceuticals.
FYX Top 10 Holdings
FYX is a U.S.-focused small-cap fund where no single name dominates, so performance is more about broad themes than one star stock. Financials and industrials set the tone, with names like Bread Financial and Kaiser Aluminum quietly rising and helping to pull the fund forward. On the growth side, Bel Fuse and Adeia have been steady contributors, even if valuation worries keep them from really taking off. Biotech players like Relay Therapeutics and Tango Therapeutics add punch but also volatility, sometimes boosting returns, sometimes acting as a speed bump.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Maxlinear | 0.92% | $11.07M | $8.23B | 616.52% | 60 Neutral | |
| Applied Optoelectronics | 0.64% | $7.77M | $15.11B | 827.94% | 52 Neutral | |
| Garrett Motion | 0.47% | $5.68M | $5.54B | 147.45% | 71 Outperform | |
| MYR Group | 0.47% | $5.63M | $7.09B | 177.10% | 76 Outperform | |
| AnaptysBio | 0.45% | $5.40M | $1.91B | 219.59% | 49 Neutral | |
| Bel Fuse Inc | 0.44% | $5.26M | $3.74B | 286.68% | 73 Outperform | |
| Liquidia Technologies | 0.43% | $5.23M | $5.03B | 253.97% | 57 Neutral | |
| nLIGHT | 0.43% | $5.13M | $4.73B | 532.05% | 61 Neutral | |
| Kaiser Aluminum | 0.42% | $5.11M | $2.88B | 147.00% | 76 Outperform | |
| Solaris Energy Infrastructure | 0.39% | $4.71M | $5.61B | 236.41% | 69 Neutral |
FYX Technical Analysis
Neutral
―
Price Trends
125.13
Positive
122.66
Positive
115.10
Positive
Market Momentum
1.93
Positive
52.25
Neutral
36.74
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FYX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 132.11, equal to the 50-day MA of 125.13, and equal to the 200-day MA of 115.10, indicating a neutral trend. The MACD of 1.93 indicates Positive momentum. The RSI at 52.25 is Neutral, neither overbought nor oversold. The STOCH value of 36.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FYX.
FYX Peer Comparison
Comparison Results
Performance Comparison
FYX
First Trust Small Cap Core AlphaDEX Fund
130.68
37.24
39.85%
FESM
Fidelity Enhanced Small Cap ETF
―
―
―
VIOO
Vanguard S&P Small-Cap 600 ETF
―
―
―
SMLF
iShares MSCI USA Small-Cap Multifactor ETF
―
―
―
CALF
Pacer US Small Cap Cash Cows 100 ETF
―
―
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XSMO
Invesco S&P SmallCap Momentum ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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