First Trust Small Cap Core AlphaDEX Fund

Frequently Asked Questions About FYX

What does FYX invest in?

The First Trust Small Cap Core AlphaDEX Fund is an exchange-traded fund (ETF) whose primary objective is to replicate the investment performance, including both capital appreciation and income, of the Nasdaq AlphaDEX Small Cap Core Index. The fund aims to achieve results that generally correspond to this equity benchmark's returns, prior to the deduction of any fees or expenses.

What is the expense ratio of FYX?

First Trust Small Cap Core AlphaDEX Fund (FYX) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FYX?

First Trust Small Cap Core AlphaDEX Fund (FYX) manages $1.40B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FYX actively managed or an index fund?

FYX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FYX launched?

First Trust Small Cap Core AlphaDEX Fund (FYX) launched in May 2007 and is managed by First Trust.

How has FYX performed?

FYX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.