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FYX - ETF AI Analysis
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First Trust Small Cap Core AlphaDEX Fund (FYX)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Broad Sector Diversification
Holdings are spread across many sectors, including financials, industrials, health care, consumer cyclical, and technology, which helps reduce reliance on any single industry.
Strong-Performing Top Holdings
Several of the largest positions have delivered strong year-to-date gains, providing a meaningful boost to the fund’s overall performance.
Negative Factors
Higher Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
U.S.-Only Geographic Exposure
With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is heavily tied to the U.S. economy.
Small-Cap Volatility Risk
Because the ETF focuses on small-cap stocks, investors should be prepared for potentially larger price swings and higher risk during market downturns.
FYX vs. SPDR S&P 500 ETF (SPY)
AUM1.03B
RegionNorth America
Expense Ratio0.58%
Beta1.03
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.62%
Asset ClassEquity
Index TrackedNasdaq AlphaDEX Small Cap Core Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume26,010
30 Day Avg. Volume28,376
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
144.81Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering526
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FYX Summary
The First Trust Small Cap Core AlphaDEX Fund (FYX) is an ETF that tracks the Nasdaq AlphaDEX Small Cap Core Index, focusing on smaller U.S. companies across many sectors like financials, industrials, health care, and technology. It holds lesser-known but growing businesses such as Vicor and Matson, aiming to pick stocks with strong growth or value potential. Someone might invest in FYX to seek higher long-term growth and diversify beyond large, well-known companies. A key risk is that small-cap stocks can be more volatile, so the fund’s price can move 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 leaning into U.S. small caps with a noticeable tilt toward energy and industrial names, and that’s where much of the action is. Valaris and Kosmos Energy have been rising, giving the fund a helpful tailwind from the energy patch, while Liberty Energy and Dorian LPG add more punch but with a bumpier, more mixed ride. On the industrial and tech side, ArcBest and Vicor have been climbing, though Vicor’s high expectations mean it could lose steam quickly. Overall, performance is driven by many small engines rather than one star stock.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Applied Optoelectronics | 0.69% | $7.06M | $7.28B | 337.86% | 52 Neutral | |
| Kosmos Energy | 0.64% | $6.53M | $1.12B | 4.48% | 47 Neutral | |
| Fastly | 0.60% | $6.11M | $3.73B | 258.83% | 63 Neutral | |
| Valaris | 0.58% | $5.91M | $6.49B | 144.62% | 76 Outperform | |
| Acadia Healthcare | 0.51% | $5.27M | $2.17B | -17.59% | 61 Neutral | |
| Liberty Energy | 0.51% | $5.20M | $4.90B | 107.84% | 69 Neutral | |
| Vicor | 0.49% | $5.00M | $7.83B | 221.60% | 73 Outperform | |
| Par Pacific Holdings | 0.48% | $4.87M | $2.64B | 282.24% | 67 Neutral | |
| Tri Pointe | 0.46% | $4.67M | $3.94B | 46.80% | 73 Outperform | |
| SM Energy | 0.44% | $4.55M | $6.39B | -10.67% | 72 Outperform |
FYX Technical Analysis
Negative
―
Price Trends
121.11
Negative
116.14
Positive
109.00
Positive
Market Momentum
-1.07
Positive
33.03
Neutral
15.83
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FYX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 122.05, equal to the 50-day MA of 121.11, and equal to the 200-day MA of 109.00, indicating a neutral trend. The MACD of -1.07 indicates Positive momentum. The RSI at 33.03 is Neutral, neither overbought nor oversold. The STOCH value of 15.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FYX.
FYX Peer Comparison
Comparison Results
Performance Comparison
FYX
First Trust Small Cap Core AlphaDEX Fund
116.44
24.84
27.12%
FNDA
Schwab Fundamental US Small Co. Index ETF
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―
―
FESM
Fidelity Enhanced Small Cap ETF
―
―
―
VIOO
Vanguard S&P Small-Cap 600 ETF
―
―
―
CALF
Pacer US Small Cap Cash Cows 100 ETF
―
―
―
SMLF
iShares MSCI USA Small-Cap Multifactor ETF
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―
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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.
Disclaimer
This 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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