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FYT

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1m

Analysis and statistics

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About

The First Trust Small Cap Value AlphaDEX Fund (FYT.US) is an exchange-traded fund (ETF) that seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Small Cap Value Index. This index employs the AlphaDEX stock selection methodology to select stocks from the Russell 2000 Value Index based on growth and value factors. The fund primarily invests in small-capitalization U.S. companies considered to have value characteristics, aiming to outperform traditional market-cap weighted indexes.
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Factors

Expense Ratio: Higher expense ratios decrease returns, indirectly affecting the ETF's price.

Index Performance: FYT.US's price mirrors its underlying index's performance.

Supply and Demand: High demand increases price; high supply decreases it.

Trading Volume: Low volume can lead to wider bid-ask spreads, affecting trade prices.

Market Sentiment: Overall investor optimism/pessimism impacts FYT.US like other assets.

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