First Trust Small Cap Value AlphaDEX Fund (FYT) Valuation
FYT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 12.2 trailing earnings
- Forward P/E
- 10.7 analyst estimates
- Price / sales
- 0.64
- Price / book
- 1.23
- EV / EBITDA
- 6.6
- Earnings yield
- 8.22% inverse of P/E
- Dividend yield
- 2.34% of the holdings
- Return on equity
- 10.1% combined
- Net margin
- 5.2% combined
- Beta
- 0.95 weighted, vs S&P 500
FYT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FYT | 12.2 | 10.7 | 0.64 | 1.23 | 2.34% | 10.1% | 5.2% | 4.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FYT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 22.1% | 10.2 | 9.8 | 1.70 | 1.09 | 3.06% | 10.7% |
| Consumer Cyclical | 21.3% | 11.8 | 10.0 | 0.37 | 1.23 | 1.72% | 10.4% |
| Industrials | 10.5% | 11.5 | 12.2 | 0.62 | 1.40 | 1.63% | 12.2% |
| Consumer Defensive | 8.6% | 14.2 | 10.3 | 0.37 | 1.36 | 1.73% | 9.6% |
| Real Estate | 8.0% | 14.8 | 15.1 | 1.77 | 0.88 | 7.53% | 6.0% |
| Technology | 7.1% | 13.3 | 7.5 | 0.50 | 1.30 | 0.22% | 9.8% |
| Energy | 6.7% | 11.6 | 13.0 | 0.92 | 1.44 | 1.48% | 12.5% |
| Healthcare | 5.0% | 13.1 | 12.0 | 0.81 | 1.59 | 0.00% | 12.1% |
| Basic Materials | 4.0% | 23.6 | 9.9 | 0.66 | 1.58 | 2.32% | 6.7% |
| Communication Services | 3.0% | 12.6 | 16.6 | 1.06 | 1.29 | 0.17% | 10.2% |
| Utilities | 2.9% | 12.1 | 13.4 | 1.11 | 1.19 | 3.05% | 9.8% |
| Services | 0.4% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
FYT earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FYT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FYT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| DXC | DXC Technology Company | 0.94% | 17.9 | 4.2 | 0.2 | — | 0.68% |
| KSS | Kohl's Corporation | 0.85% | 9.6 | 8.5 | 0.2 | 2.32% | 1.14% |
| ASO | Academy Sports and Outdoors, Inc. | 0.81% | 9.8 | 7.3 | 0.6 | 1.02% | 1.06% |
| ASGN | ASGN Inc | 0.76% | — | — | — | — | — |
| CRK | Comstock Resources, Inc. | 0.72% | 7.7 | 46.3 | 2.2 | — | 1.21% |
| MMS | Maximus, Inc. | 0.72% | 9.1 | 19.1 | 0.6 | 2.15% | 1.02% |
| HOG | Harley-Davidson, Inc. | 0.72% | 14.7 | 12.3 | 0.7 | 2.80% | 0.63% |
| YELP | Yelp Inc | 0.70% | 9.6 | 14.7 | 0.7 | — | 0.94% |
| BBWI | Bath & Body Works, Inc. | 0.68% | 5.3 | 6.3 | 0.6 | 3.97% | 1.66% |
| NMIH | NMI Holdings, Inc. | 0.68% | 8.0 | 7.7 | 4.2 | — | 1.10% |
| HG | Hamilton Insurance Group, Ltd. | 0.67% | 6.3 | — | 1.2 | — | 1.38% |
| AVA | Avista Corporation | 0.67% | 13.2 | 13.0 | 1.6 | 5.37% | 0.66% |
| SPNT | SiriusPoint Ltd. | 0.67% | 6.2 | 9.2 | 1.0 | — | 1.40% |
| MAT | Mattel, Inc. | 0.67% | 12.6 | 8.5 | 0.9 | — | 0.68% |
| STRA | Strategic Education, Inc. | 0.66% | 13.6 | 9.3 | 1.4 | 2.95% | 0.63% |
| GHC | Graham Holdings Company | 0.66% | 9.7 | 20.1 | 1.0 | 0.63% | 0.87% |
| TRS | TriMas Corporation | 0.66% | 15.8 | 19.3 | 2.1 | 0.41% | 0.54% |
| POST | Post Holdings, Inc. | 0.65% | 14.3 | 28.2 | 0.4 | — | 0.59% |
| TDS | Telephone and Data Systems, Inc | 0.65% | 8.5 | 39.1 | 3.1 | 0.47% | 0.99% |
| MLKN | MillerKnoll, Inc. | 0.65% | 14.9 | 10.1 | 0.4 | 3.56% | 0.56% |
| CRI | Carter's, Inc. | 0.64% | 5.9 | 16.4 | 0.4 | 3.18% | 1.41% |
| PRG | PROG Holdings, Inc. | 0.64% | 9.9 | 5.7 | 0.5 | 1.81% | 0.83% |
| GIII | G-III Apparel Group, Ltd. | 0.64% | 9.2 | 9.8 | 0.4 | 1.41% | 0.90% |
| GPOR | Gulfport Energy Corporation | 0.64% | 6.6 | 6.8 | 2.2 | — | 1.25% |
| AMN | AMN Healthcare Services, Inc. | 0.63% | 15.1 | 18.0 | 0.5 | — | 0.54% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FYT valuation
Adding up its 248 holdings with company data, FYT trades at 12.2 times trailing earnings and 10.7 times analysts' forward estimates, with a price-to-book ratio of 1.23 and a dividend yield of 2.34%. Its earnings yield of 8.22% is 2.89 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 7.6% of the fund and earn 10.8% of its combined profit. By sector, Basic Materials is the most expensive at 23.6 times earnings and Financial Services the cheapest at 10.2. Companies that lost money over the past year are 4.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 94.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FYT chart, FYT performance, FYT holdings, FYT dividends.
FYT valuation FAQ
What is the P/E ratio of FYT?
Based on its holdings, FYT has a trailing P/E of 12.2 and a forward P/E of 10.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FYT?
The trailing earnings yield is 8.22% (1 ÷ P/E) and the forward earnings yield 9.33%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FYT more expensive than the S&P 500?
FYT trades at 12.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.7 and 19.9.
What is the price-to-book ratio of FYT?
The holdings of FYT trade at 1.23 times book value, with a combined return on equity of 10.1%.
Which sector in FYT has the highest P/E?
Basic Materials has the highest P/E at 23.6 and Financial Services the lowest at 10.2.