# First Trust Small Cap Value AlphaDEX Fund (FYT) — Overview

FYT · NASDAQ · Fund

Canonical page: https://www.lighthorse.io/tickers/fyt

## Price

Last close $68.61 on Oct 15, 2026. 52-week range $52.47 – $73.66.

## Fund profile

FYT tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process.

| Metric | Value |
| --- | --- |
| Issuer | First Trust Advisors L.P. |
| Industry | — |
| Inception | Apr 19, 2011 |
| Assets under management | $168.2M |
| Expense ratio | 0.70% |
| Net asset value | $67.30 (as of Oct 14, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is First Trust Small Cap Value AlphaDEX Fund (FYT)?

FYT tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process.

### What is FYT's expense ratio?

First Trust Small Cap Value AlphaDEX Fund charges an annual expense ratio of 0.70%. The fund is issued by First Trust Advisors L.P..

### How large is FYT?

First Trust Small Cap Value AlphaDEX Fund manages $168.2M in assets and has traded since Apr 19, 2011.

### How do I buy shares of First Trust Small Cap Value AlphaDEX Fund (FYT)?

FYT trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).