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AFSM vs FYC

First Trust Active Factor Small Cap ETF vs First Trust Small Cap Growth AlphaDEX Fund

AFSM

First Trust Active Factor Small Cap ETF

First Trust

Annual cost

0.75%

Fund size

$94M

FYC

First Trust Small Cap Growth AlphaDEX Fund

First Trust

Annual cost

0.70%

Fund size

$1.0B

Key differences

  • FYC costs 0.05% less per year.
  • FYC is significantly larger than AFSM — larger funds tend to be more liquid and less likely to close.
  • AFSM follows a active selection strategy; FYC uses index tracking.
  • Over the last 3 years, FYC has delivered higher annualized returns.
  • FYC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AFSMFYC
Annual cost (TER)0.75%0.70%
Fund size (AUM)$94M$1.0B
Since20192011
Dividend yield0.49%0.07%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+32.0%+56.7%
CAGR 3Y+19.1%+27.1%
CAGR 5Y+8.9%+11.2%
Sharpe 3Y0.801.04
Volatility 1Y17.84%21.07%
Max drawdown-43.54%-47.85%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AFSM and FYC