First Trust Small Cap Value AlphaDEX Fund (FYT) Performance
FYT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +24.9% since Dec 31, 2025
- 1 year
- +27.7% total return
- 5 years
- +7.6% a year
- 10 years
- +10.4% a year
- Since first price
- +9.7% a year since 2011
FYT trailing returns vs SPY, QQQ, AGG
| Period | FYT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.8% | +2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.4% | −1.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.5% | +5.3% | +7.8% | +8.4% | −1.5% |
| YTD | +24.9% | +23.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +27.7% | +25.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +65.1%+18.2%/yr | +57.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +44.3%+7.6%/yr | +33.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +169.9%+10.4%/yr | +132.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +376.3%+11.0%/yr | +293.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 20, 2011 | +318.6%+9.7%/yr | +245.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FYT vs SPY
From Apr 20, 2011: FYT grew to $41,858, SPY to $74,895.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FYT returns by calendar year
11 of 14 full years positive. Best 2013 (+43.3%), worst 2015 (−17.1%). 2026 is year to date.
FYT annual returns table
| Year | FYT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +24.9% | −8.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +4.0% | −24.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +3.2% | −10.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +22.9% | −20.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −14.0% | −24.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +29.3% | −10.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +9.8% | −49.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.8% | −15.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.7% | −25.2% | −4.6% | −0.1% | +0.1% |
| 2017 | +7.1% | −9.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +30.2% | −12.6% | +12.0% | +7.1% | +2.4% |
| 2015 | −17.1% | −23.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +4.1% | −13.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +43.3% | −6.7% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.1% | −17.7% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FYT largest drawdowns
Now 4.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 21, 2018 | −50.5% | Mar 18, 2020 | Nov 17, 2020 | 1.6 years | 2.2 years |
| Apr 15, 2015 | −33.2% | Jan 19, 2016 | Dec 6, 2016 | 9 months | 1.6 years |
| Nov 25, 2024 | −28.9% | Apr 8, 2025 | Jan 9, 2026 | 4 months | 1.1 years |
| Jan 4, 2022 | −24.9% | Sep 30, 2022 | Dec 14, 2023 | 9 months | 1.9 years |
| Jul 7, 2011 | −22.9% | Sep 22, 2011 | Jan 20, 2012 | 3 months | 6 months |
| Feb 3, 2012 | −17.7% | Jun 4, 2012 | Sep 14, 2012 | 4 months | 7 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FYT risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +14.3% | +7.7% | +9.7% | +9.2% |
| Volatility (annualized) | 20.2% | 22.1% | 24.8% | 22.4% |
| Sharpe ratio | 0.55 | 0.28 | 0.40 | 0.44 |
| Sortino ratio | 0.99 | 0.47 | 0.63 | 0.69 |
| Best month | +13.2% | +13.5% | +26.4% | +26.4% |
| Worst month | −7.6% | −11.9% | −28.2% | −28.2% |
| Best 12 months | +45.7% | +45.7% | +131.3% | +131.3% |
| Worst 12 months | −11.0% | −17.7% | −36.3% | −36.3% |
| Positive months | 53% | 48% | 57% | 57% |
| Beta vs S&P 500 | 0.90 | 0.99 | 1.26 | — |
| Correlation with S&P 500 | 0.55 | 0.70 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FYT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 175 | −36.3% | +7.6% | +131.3% | 70% |
| 3-year (a year) | 151 | −12.3% | +8.3% | +29.2% | 95% |
| 5-year (a year) | 127 | −6.8% | +8.9% | +19.4% | 96% |
| 10-year (a year) | 67 | +4.7% | +8.5% | +12.7% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
FYT performance overview
First Trust Small Cap Value AlphaDEX Fund (FYT) returned +27.7% over the past year and +10.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +9.7% a year, turning $10,000 into about $41,858. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −50.5%, from Aug 21, 2018 to Mar 18, 2020, and it took 8 months to get back to the old high. FYT finished 11 of its 14 full calendar years with a gain; the best year was 2013 (+43.3%) and the worst 2015 (−17.1%). Volatility has been 22.4% a year.
Related: FYT chart, FYT holdings, FYT dividends, FYT valuation. See the FYT overview for the latest quote and fund facts.
FYT performance FAQ
What is the FYT return over the past year?
FYT returned +27.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 25.1%.
What is the average annual return of FYT?
FYT has returned +7.6% a year over 5 years, +10.4% a year over 10 years, +9.7% a year since April 20, 2011 (total return, distributions reinvested).
How much would $10,000 invested in FYT be worth?
$10,000 invested in FYT at its first recorded close on April 20, 2011 would be worth about $41,858 on October 23, 2026 with distributions reinvested.
What was the worst year for FYT?
The worst calendar year was 2015, with a total return of −17.1%. The best was 2013 at +43.3%.
What is the biggest drawdown of FYT?
The largest peak-to-trough decline was −50.5% between August 21, 2018 and March 18, 2020. It recovered to the old high on November 17, 2020, 8 months after the bottom.
How volatile is FYT?
Over the past 3 years FYT had an annualized volatility of 20.2% and a Sharpe ratio of 0.55 (excess return over 1–3 month T-bills per unit of risk).