First Trust Small Cap Growth AlphaDEX Fund (FYC)

First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund in the Small Growth category. It has $1.42B in assets, an expense ratio of 0.70% and a 0.17% dividend yield. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to select growth stocks from the NASDAQ US 700 Small Cap Index TM (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.