Is FYX a good investment?

First Trust Small Cap Core AlphaDEX Fund (FYX) is a multi-factor ETF. As of September 11, 2026, ETF Copilot scores FYX 4.5 out of 10 — highest on Valuation (7.1), lowest on Quality (0.8). It trades at 15.2 times earnings, against its own median of 13.8. Its ten largest holdings are 5% of the fund.

Updated September 11, 2026

How is FYX rated? ETF Copilot scores First Trust Small Cap Core AlphaDEX Fund (FYX) 4.5 out of 10

As of September 11, 2026, ETF Copilot scores First Trust Small Cap Core AlphaDEX Fund (FYX) 4.5 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.5 / 10
Growth: 4.6 / 10
Valuation: 7.1 / 10
Risk: 2.4 / 10
Quality: 0.8 / 10
Return: 6.5 / 10

What is FYX's expense ratio? 0.58% a year

As of September 11, 2026, FYX charges 0.58% a year, yields 1.62% and holds $1.4B in assets across 519 positions.

First Trust Small Cap Core AlphaDEX Fund (FYX) — cost, income and size
Measure	FYX
Expense ratio	0.58%
Dividend yield	1.62%
Assets under management	$1.4B
Holdings	519

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in FYX's data

U.S. small-cap blend stocks, picked through a multi-factor screen.

Trades at a cheaper price than most small-cap peers — you get more earnings for each dollar you put in.

Its trailing EBITDA multiple of 9.0x sits among the cheapest 10% of multi-factor funds, well below the category median of 13.8x. EBITDA margin of 17.4% is on the low side.

A value-tilted small-cap core for portfolios seeking cheaper exposure to the segment.

Why did FYX move this week? It fell 1.7% in the week to September 11, 2026 — Remitly Global and Arcus Biosciences drove it

FYX fell 1.7% in the week to September 11, 2026. The holdings that moved it most were Remitly Global (−18.3%), Arcus Biosciences (−18.4%) and Helix Energy Solutions (−14.3%); Academy Sports & Outdoors (+26.7%) pushed the other way.

Is FYX expensive right now? It trades at 15.2 times earnings, against its own median of 13.8

As of September 11, 2026, FYX is more expensive than 67% of its own 114 monthly readings since 2017 — 76 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside FYX? 12% Tech

What's inside FYX: Size (Large 0%, Mid 8%, Small 91%); Geography (International 4%, US 96%); Tech 11.5%; AI 0.3%; Semiconductors 1.5%; Memory 0.2%.

What are FYX's top holdings? The ten largest are 5% of the fund

Cbiz, Everforth, PBF Energy, Dorian, PAR Pacific, Conmed, 10X Genomics, Tidewater, International Seaways and Zoominfo Technologies are FYX's largest holdings, in that order.

Less concentrated than 92% of Weight - Multi-factor ETFs.

Half of FYX's weight sits in its 158 largest positions, and once those weights are taken into account it behaves like 404 equally weighted holdings.

Cite this

ETF Copilot, “First Trust Small Cap Core AlphaDEX Fund (FYX) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/fyx