First Trust Small Cap Core AlphaDEX Fund (FYX) Performance
FYX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +22.8% since Dec 31, 2025
- 1 year
- +25.6% total return
- 5 years
- +8.8% a year
- 10 years
- +12.3% a year
- Since first price
- +9.0% a year since 2007
FYX trailing returns vs SPY, QQQ, AGG
| Period | FYX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.1% | +0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.7% | −2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.0% | +5.2% | +7.8% | +8.4% | −1.5% |
| YTD | +22.8% | +21.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.6% | +24.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.3%+23.5%/yr | +81.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +52.6%+8.8%/yr | +43.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +219.0%+12.3%/yr | +187.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +458.9%+12.2%/yr | +385.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionMay 10, 2007 | +439.1%+9.0%/yr | +361.1% | — | — | — |
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: FYX vs SPY
From May 10, 2007: FYX grew to $53,909, SPY to $72,541.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FYX returns by calendar year
13 of 18 full years positive. Best 2013 (+43.2%), worst 2008 (−34.6%). 2026 is year to date.
FYX annual returns table
| Year | FYX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +22.8% | −8.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.7% | −24.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.2% | −9.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +18.3% | −16.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.4% | −25.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.4% | −10.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +19.5% | −46.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.3% | −11.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −10.6% | −27.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +14.3% | −6.6% | +21.7% | +32.7% | +3.6% |
| 2016 | +23.1% | −11.1% | +12.0% | +7.1% | +2.4% |
| 2015 | −9.1% | −16.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +1.3% | −14.3% | +13.5% | +19.2% | +6.0% |
| 2013 | +43.2% | −6.4% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.4% | −13.8% | +16.0% | +18.1% | +3.8% |
| 2011 | −0.4% | −27.0% | +1.9% | +3.4% | +7.7% |
| 2010 | +27.3% | −19.9% | +15.1% | +19.9% | +6.4% |
| 2009 | +36.8% | −34.6% | +26.4% | +54.7% | +3.0% |
| 2008 | −34.6% | −49.3% | −36.8% | −41.7% | +7.9% |
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.
FYX largest drawdowns
Now 5.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jul 19, 2007 | −61.8% | Mar 9, 2009 | Jan 3, 2011 | 1.6 years | 3.5 years |
| Aug 31, 2018 | −48.8% | Mar 18, 2020 | Nov 16, 2020 | 1.5 years | 2.2 years |
| Nov 25, 2024 | −27.9% | Apr 8, 2025 | Sep 18, 2025 | 4 months | 10 months |
| Nov 8, 2021 | −27.3% | Sep 30, 2022 | Jul 16, 2024 | 11 months | 2.7 years |
| Jul 7, 2011 | −27.0% | Oct 3, 2011 | Feb 2, 2012 | 3 months | 7 months |
| Jun 23, 2015 | −25.4% | Feb 11, 2016 | Nov 14, 2016 | 8 months | 1.4 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FYX risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +20.0% | +9.3% | +11.6% | +8.8% |
| Volatility (annualized) | 19.5% | 21.2% | 22.7% | 22.0% |
| Sharpe ratio | 0.81 | 0.36 | 0.50 | 0.43 |
| Sortino ratio | 1.53 | 0.58 | 0.77 | 0.65 |
| Best month | +12.2% | +12.2% | +19.7% | +20.9% |
| Worst month | −7.6% | −10.7% | −25.7% | −25.7% |
| Best 12 months | +54.1% | +54.1% | +122.3% | +122.3% |
| Worst 12 months | −1.9% | −19.7% | −32.6% | −45.0% |
| Positive months | 61% | 55% | 63% | 61% |
| Beta vs S&P 500 | 1.09 | 1.08 | 1.23 | — |
| Correlation with S&P 500 | 0.70 | 0.80 | 0.83 | — |
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.
FYX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 222 | −45.0% | +10.4% | +122.3% | 70% |
| 3-year (a year) | 198 | −8.1% | +10.9% | +35.0% | 95% |
| 5-year (a year) | 174 | −3.2% | +10.5% | +30.0% | 99% |
| 10-year (a year) | 114 | +5.5% | +10.2% | +17.6% | 100% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
FYX performance overview
First Trust Small Cap Core AlphaDEX Fund (FYX) returned +25.6% over the past year and +12.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned +9.0% a year, turning $10,000 into about $53,909. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −61.8%, from Jul 19, 2007 to Mar 9, 2009, and it took 1.8 years to get back to the old high. FYX finished 13 of its 18 full calendar years with a gain; the best year was 2013 (+43.2%) and the worst 2008 (−34.6%). Volatility has been 22.0% a year.
Related: FYX chart, FYX holdings, FYX dividends, FYX valuation. See the FYX overview for the latest quote and fund facts.
FYX performance FAQ
What is the FYX return over the past year?
FYX returned +25.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 24.1%.
What is the average annual return of FYX?
FYX has returned +8.8% a year over 5 years, +12.3% a year over 10 years, +9.0% a year since May 10, 2007 (total return, distributions reinvested).
How much would $10,000 invested in FYX be worth?
$10,000 invested in FYX at its first recorded close on May 10, 2007 would be worth about $53,909 on October 23, 2026 with distributions reinvested.
What was the worst year for FYX?
The worst calendar year was 2008, with a total return of −34.6%. The best was 2013 at +43.2%.
What is the biggest drawdown of FYX?
The largest peak-to-trough decline was −61.8% between July 19, 2007 and March 9, 2009. It recovered to the old high on January 3, 2011, 1.8 years after the bottom.
How volatile is FYX?
Over the past 3 years FYX had an annualized volatility of 19.5% and a Sharpe ratio of 0.81 (excess return over 1–3 month T-bills per unit of risk).