FYX - ETF AI Analysis
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First Trust Small Cap Core AlphaDEX Fund (FYX)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The fund has delivered strong gains so far this year, suggesting its strategy has worked well in the recent market environment.
Top Holdings with Strong Momentum
Several of the largest positions, including energy and shipping companies, have shown strong performance, helping drive the ETF’s overall returns.
Broad Sector Diversification
The ETF spreads its investments across many sectors such as financials, industrials, health care, consumer, and energy, which helps reduce the impact of weakness in any single industry.
Negative Factors
Relatively High Expense Ratio
The fund’s fees are on the higher side for an ETF, which can slightly reduce the net returns investors receive over time.
Single-Country Concentration
Almost all of the ETF’s holdings are in U.S. companies, offering little geographic diversification if the U.S. market faces a downturn.
Some Underperforming Top Holdings
At least one of the largest positions has shown weak performance, which can drag on the fund’s overall results if the trend continues.
FYX vs. SPDR S&P 500 ETF (SPY)
AUM1.43B
RegionNorth America
Expense Ratio0.58%
Beta1.01
IssuerFirst Trust
Inception DateMay 08, 2007
Dividend Yield0.9%
Asset ClassEquity
Index TrackedNasdaq AlphaDEX Small Cap Core Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume32,804
30 Day Avg. Volume27,983
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
166.84Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering524
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FYX Summary
FYX, the First Trust Small Cap Core AlphaDEX Fund, is an ETF that follows the Nasdaq AlphaDEX Small Cap Core Index, focusing on smaller U.S. companies with room to grow. It spreads your money across many industries, including financials, industrials, health care, and technology, and uses a rules-based approach to pick stocks it believes have strong growth or value potential. Some of its holdings include PBF Energy and Korn Ferry. Investors might consider FYX for long-term growth and diversification beyond large, well-known companies. A key risk is that small-cap stocks can be more volatile and may go up and down more sharply than bigger companies.
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. Par Pacific, PBF Energy, Dorian LPG, and International Seaways have been rising, giving the fund a tailwind from the energy patch, even if their charts look a bit choppy. Tidewater adds to that momentum, while CBIZ and Everforth are more mixed, with CBIZ looking a bit stretched and Everforth clearly lagging. Overall, performance is being steered by a handful of smaller, niche players rather than big household names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| CBIZ | 0.54% | $7.53M | $2.95B | -12.95% | 66 Neutral | |
| Everforth | 0.52% | $7.31M | $1.17B | -41.66% | 66 Neutral | |
| Conmed | 0.50% | $6.95M | $1.39B | -3.03% | 67 Neutral | |
| PBF Energy | 0.47% | $6.54M | $8.57B | 191.83% | 55 Neutral | |
| Par Pacific Holdings | 0.46% | $6.48M | $4.31B | 171.44% | 67 Neutral | |
| Dorian LPG | 0.41% | $5.79M | $2.03B | 59.35% | 66 Neutral | |
| Acadian Asset Management | 0.39% | $5.50M | $3.08B | 121.02% | 66 Neutral | |
| Korn Ferry | 0.39% | $5.46M | $4.18B | 19.03% | 73 Outperform | |
| International Seaways | 0.39% | $5.45M | $4.76B | 128.70% | 72 Outperform | |
| DXC Technology | 0.39% | $5.43M | $1.82B | -17.77% | 62 Neutral |
FYX Technical Analysis
Positive
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Price Trends
139.89
Positive
133.26
Positive
124.42
Positive
Market Momentum
1.34
Negative
56.43
Neutral
75.56
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FYX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 142.66, equal to the 50-day MA of 139.89, and equal to the 200-day MA of 124.42, indicating a bullish trend. The MACD of 1.34 indicates Negative momentum. The RSI at 56.43 is Neutral, neither overbought nor oversold. The STOCH value of 75.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FYX.
FYX Peer Comparison
Comparison Results
Performance Comparison
FYX
First Trust Small Cap Core AlphaDEX Fund
144.20
45.80
46.54%
FNDA
Schwab Fundamental US Small Co. Index ETF
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―
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FESM
Fidelity Enhanced Small Cap ETF
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―
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VIOO
Vanguard S&P Small-Cap 600 ETF
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―
―
SMLF
iShares MSCI USA Small-Cap Multifactor ETF
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―
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CALF
Pacer US Small Cap Cash Cows 100 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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