This ETF seeks to replicate a benchmark which offers exposure small cap firms that have value characteristics in the U.S. equity market. The investment thesis behind small caps is that these firms are likely to provide strong growth prospects to a portfolio and should have a much easier time growing then their large cap counterparts. However, these securities are extremely volatile and can experience large losses or gains in a very short period of time. Despite their volatility, these products should probably be in every investors’ portfolio as they tend to move somewhat independently of large caps and can be a better ‘pure play’ on the American economy. This particular fund, since it focuses on value securities, has certain biases in its portfolio holdings and may not offer as much of a cross section as funds such as IWM. However, the fund does employ an ’alphaDEX methodology which makes it somewhat different from other products in the space. This method uses an equal dollar weighting system which looks to only invest in the best companies in the small cap space. While this greatly decreases the number of securities that the fund holds, it also increases expenses as well as FYT has a much higher expense ratio than comparable products, close to three times higher than many other funds in the space. As a result, cost conscious investors would be wise to look at other products and avoid FYT for their portfolios.
This section compares how balanced and deep this ETF is relative to its peers.
| FYT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 263 | 490 | 624 |
| % of Assets in Top 10 | 6.93% | 11.36% | 9.53% |
| % of Assets in Top 15 | 10.25% | 15.59% | 13.14% |
| % of Assets in Top 50 | 32.42% | 38.59% | 33.07% |
| FYT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 0.00% | 1.00% | 1.21% |
| Mid (>2.7B) | 42.90% | 42.61% | 40.20% |
| Small (>600M) | 57.10% | 50.37% | 53.51% |
| Micro (<600M) | 0.00% | 6.00% | 5.06% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| FYT | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.16 | $ 0.28 | $ 0.39 |
| Dividend Date | 2021-09-23 | N/A | N/A |
| Annual Dividend Rate | $ 0.52 | $ 0.93 | $ 1.28 |
| Annual Dividend Yield | 1.00% | 1.17% | 1.29% |
View charts featuring ETF fund flow data.
5 Day Net Flows: -7.79 M 1 Month Net Flows: -22.84 M 3 Month Net Flows: -80.26 M 6 Month Net Flows: -57.54 M 1 Year Net Flows: 99.62 M 3 Year Net Flows: 110.54 M 5 Year Net Flows: 102.13 M 10 Year Net Flows: 154.6 MView charts that break down the influence that fund flows and price had on overall assets.
The adjacent table gives investors an individual Realtime Rating for FYT on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Small Cap Value Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers.
| FYT |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 4.91% | 4.76% | 4.40% |
| 3 Month Return | 7.69% | 8.36% | 7.67% |
| YTD Return | 26.95% | 34.49% | 30.39% |
| 1 Year Return | 59.50% | 60.99% | 53.23% |
| 3 Year Return | 54.01% | 45.14% | 37.79% |
| 5 Year Return | 86.80% | 68.97% | 58.60% |
The following charts reflect the geographic spread of FYT's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.93% |
| Other | 0.08% |
| Country | Percentage |
|---|---|
| United States | 97.21% |
| Bermuda | 1.83% |
| Switzerland | 0.63% |
| Puerto Rico | 0.26% |
| Other | 0.08% |
The following charts reflect the allocation of FYT's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 37.1% |
| Consumer Durables | 6.92% |
| Producer Manufacturing | 6.74% |
| Retail Trade | 5.73% |
| Utilities | 4.79% |
| Consumer Services | 4.68% |
| Process Industries | 4.23% |
| Transportation | 4.18% |
| Electronic Technology | 3.87% |
| Consumer Non-Durables | 3.24% |
| Industrial Services | 2.77% |
| Distribution Services | 2.61% |
| Non-Energy Minerals | 2.58% |
| Energy Minerals | 2.44% |
| Health Technology | 2.32% |
| Commercial Services | 2.05% |
| Technology Services | 1.98% |
| Communications | 1.7% |
| CASH | 0.08% |
| Market Cap | Percentage |
|---|---|
| Small | 57.1% |
| Mid | 42.9% |
| Large | 0.0% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.93% |
| CASH | 0.08% |
| Sector | Percentage |
|---|---|
| Finance | 37.1% |
| Consumer Durables | 6.92% |
| Producer Manufacturing | 6.74% |
| Retail Trade | 5.73% |
| Utilities | 4.79% |
| Consumer Services | 4.68% |
| Process Industries | 4.23% |
| Transportation | 4.18% |
| Electronic Technology | 3.87% |
| Consumer Non-Durables | 3.24% |
| Industrial Services | 2.77% |
| Distribution Services | 2.61% |
| Non-Energy Minerals | 2.58% |
| Energy Minerals | 2.44% |
| Health Technology | 2.32% |
| Commercial Services | 2.05% |
| Technology Services | 1.98% |
| Communications | 1.7% |
| CASH | 0.08% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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