FYC: Small Growth ETF With High Fees But Compelling Results

The First Trust Small Cap Growth AlphaDEX Fund ETF delivers small-cap growth exposure via a rules-based selection and weighting process. The portfolio is highly diversified, with significant exposure in healthcare (25.2%) and industrials (21.2%), and minimal company-specific risk. FYC has outperformed the S&P SmallCap 600 Index and key small-cap growth ETF competitors, despite a high 0.70% expense ratio.