Which returned more over the last year, FYC or FYX?

In the year to Oct 28, 2026, with distributions reinvested, FYC returned +21.7% and FYX +26.2%.

Which is cheaper, FYC or FYX?

FYX is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FYC and FYX overlap with the S&P 500?

By their latest filed holdings, 0% of FYC and 0% of FYX by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

FYC vs FYX: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FYC returned +21.7% to FYX's +26.2%; 38% of their weight is in the same names.

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Net assets on Oct 27, 2026: $1.3bn for First Trust Small Cap Growth AlphaDEX Fund and $1.4bn for First Trust Small Cap Core AlphaDEX Fund.

FYC on its own →FYX on its own →

At a glance

+21.7%

FYC total return, 1 year

+26.2%

FYX total return, 1 year

0.70%

FYC expense ratio

0.58%

FYX expense ratio

Pair scorecard

FYX costs 0.12 points a year less; their one-year returns differ by 4.5 points; FYX is 1.1 times larger.

FYC vs FYX: Differences, Returns & Fees
Measure	FYC	FYX
Return
Measure	FYC	FYX
Total return, 1 year	+21.7%	+26.2%
Drawdown
Measure	FYC	FYX
Below its high	8.6%, high on Jun 30, 2026	5.0%, high on Aug 4, 2026
Benchmark
Measure	FYC	FYX
What it tracks	Nasdaq AlphaDEX Small Cap Growth Index	Nasdaq AlphaDEX Small Cap Core Index
Cost and size
Measure	FYC	FYX
Expense ratio	0.70%	0.58%
Net assets, as of Oct 27, 2026	$1.3bn	$1.4bn
Holdings
Measure	FYC	FYX
Holdings in common	38%
Top ten holdings, share of the fund	7.7%	3.9%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Apr 29, 2011 to Oct 23, 2026 · 808 weekly returns · each against IWV

FYC FYX

Return

Total return edge FYC +452.2% +387.7%

Annualized edge FYC (slight) +11.6% +10.7%

Price return edge FYC +430.8% +319.9%

Risk

Volatility edge Tie 22.1% 22.5%

Max drawdown edge FYC (slight) −46.4% −47.6%

Downside capture 112.5% 111.0%

Beta 1.19 1.19

Risk-adjusted

Sharpe edge FYC (slight) 0.53 0.49

Sortino edge FYC (slight) 0.78 0.73

Treynor 0.100 0.093

Calmar edge FYC 0.25 0.23

Against the benchmark

Alpha −2.4% a year −3.2% a year

Alpha t-stat −0.92 −1.15

Information ratio −0.02 −0.08

Tracking error 10.8% 11.4%

Reading

FYC returned more: +452.2% to +387.7%. FYC and FYX swung about the same: 22.1% and 22.5%. FYC fell slightly less at its worst: −46.4% to −47.6%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: FYC vs FYX: Differences, Returns & Fees
Measure	FYC	FYX	IWV	Edge	How it is measured
Return
Total return	+452.2%	+387.7%		FYC	Price change plus distributions, reinvested.
Annualized	+11.6%	+10.7%		FYC (slight)	Total return as a yearly rate.
Price return	+430.8%	+319.9%		FYC	Price change alone, distributions left out.
Risk
Volatility	22.1%	22.5%		Tie	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	15.2%	15.2%		Tie	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−46.4%	−47.6%		FYC (slight)	Deepest fall from a high to the low after it.
Upside capture	122.2%	116.5%	100.0%	FYC (slight)	Share of its benchmark's rise caught in the weeks it rose.
Downside capture	112.5%	111.0%	100.0%	Tie	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.19	1.19	1.00	Tie	How far it moves for each 1% its benchmark moves.
R squared	0.78	0.76	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.53	0.49		FYC (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.78	0.73		FYC (slight)	Return above Treasury bills per unit of downside deviation.
Treynor	0.100	0.093	0.120	FYC (slight)	Return above Treasury bills per unit of beta.
Calmar	0.25	0.23		FYC	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	IWV	IWV	IWV		The ETF each fund is measured against.
Alpha	−2.4% a year	−3.2% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.92	−1.15		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−7.6% to +2.7%	−8.7% to +2.3%		Both include zero	The 95% range for the yearly alpha.
Information ratio	−0.02	−0.08		FYC	Return against its benchmark per unit of tracking error.
Tracking error	10.8%	11.4%	0.0%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 808 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

38%

By the books each fund has filed, FYC and FYX hold 38% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

38% in common

Positions both hold · largest shared weight first FYC FYX

Appian Corporation 0.90% 0.43%

Slide Insurance Holdings, Inc. 0.81% 0.39%

Amplitude, Inc. (Class A) 0.79% 0.38%

Fortrea Holdings Inc. 0.78% 0.37%

FIGS, Inc. (Class A) 0.75% 0.36%

First Advantage Corporation 0.75% 0.36%

Heartflow, Inc. 0.74% 0.36%

Pebblebrook Hotel Trust 0.72% 0.35%

Septerna, Inc. 0.72% 0.35%

AtriCure, Inc. 0.69% 0.33%

Braze, Inc. (Class A) 0.68% 0.33%

CareDx, Inc. 0.69% 0.33%

Only in one fund ↓

Only in FYC

Arlo Technologies, Inc. 0.27%

Peloton Interactive, Inc. (Class A) 0.27%

Atmus Filtration Technologies Inc. 0.26%

Wolfspeed, Inc. 0.23%

Klaviyo, Inc. (Class A) 0.16%

Hawkins, Inc. 0.15%

Planet Fitness, Inc. (Class A) 0.15%

The Scotts Miracle-Gro Company 0.15%

Only in FYX

DXC Technology Company 0.45%

Kohl's Corporation 0.39%

Academy Sports and Outdoors, Inc. 0.38%

Comstock Resources, Inc. 0.37%

Everforth Incorporated 0.37%

Harley-Davidson, Inc. 0.37%

Mattel, Inc. 0.37%

MAXIMUS, Inc. 0.36%

Check overlap with more funds →

Side by side

FYC First Trust Small Cap Growth AlphaDEX Fund FYX First Trust Small Cap Core AlphaDEX Fund

Where it sits Stock ETF Stock ETF

Issuer First Trust First Trust

What it is Tracks an index Tracks an index

Total return, 1 year +21.7% +26.2%

Its benchmark over the same days +13.3% (IWV) +13.3% (IWV)

Gap to its benchmark +8.4 pts vs IWV +12.9 pts vs IWV

Expense ratio 0.70% 0.58%

Already in the S&P 500 0.0% 0.0%

Holdings 264 525

Net assets, as of Oct 27, 2026 $1.3bn $1.4bn

FYC and FYX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-61BDBA68A2

FYC and FYX are built for the same job. How do they differ in cost, holdings and results?

What each follows. FYC follows Nasdaq AlphaDEX Small Cap Growth Index and FYX follows Nasdaq AlphaDEX Small Cap Core Index.
Holdings in common. 38% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FYC returned +21.7% and FYX +26.2% with distributions reinvested, a gap of 4.5 points.

Data as of Oct 28, 2026.

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About each fund

FYC

Over the year to Oct 28, 2026 it returned +21.7% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

FYC tracks an index. The prospectus expense ratio is 0.70% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 264 positions, with the top ten at 7.7%. It sat 8.6% below its high of Jun 30, 2026 on Oct 28, 2026.

FYX

Over the year to Oct 28, 2026 it returned +26.2% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

FYX tracks an index. The prospectus expense ratio is 0.58% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 525 positions, with the top ten at 3.9%. It sat 5.0% below its high of Aug 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FYC or FYX?: In the year to Oct 28, 2026, with distributions reinvested, FYC returned +21.7% and FYX +26.2%.
Which is cheaper, FYC or FYX?: FYX is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FYC and FYX overlap with the S&P 500?: By their latest filed holdings, 0% of FYC and 0% of FYX by weight is stocks the S&P 500 already holds.

Other comparisons

FYC vs IJR FYC vs RSSL FYC vs NUSC FYC vs IWC FYX vs IJR FYX vs NUSC FYX vs RSSL FYX vs IWC

Where to next

FYC on its own →FYX on its own →Hold both: look the portfolio through →Rankings →FYC dividend history →FYC holdings →FYX dividend history →FYX holdings →Standards and sources →

Sources and dates

FYC and FYX filings on SEC EDGAR ↗

FYC and FYX prospectus with the expense ratio (SEC) ↗

First Trust page for FYC ↗

First Trust page for FYX ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FYC against FYX, data as of Oct 28, 2026. https://etfiq.com/compare/any/fyc-vs-fyx

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.