Name of ETF: First Trust Small Cap Value AlphaDEX Fund
Benchmark Index: Defined Small Cap Value Index
Ticker Symbol: FYT
Approximate Number of Holdings: 250
Types of Companies Included: The top companies from the S&P SmallCap 600 Value Index that meet specific fundamental criteria.
- Growth Criteria: Sales-to-price ratio, sales growth over the previous 12 months and general price appreciation the company has experienced over three, six and 12 month periods.
- Value Criteria: Book value-to-price, cash flow-to-price and return on assets (ROA).
Individual Company Weight: This ETF is diversified with no one company representing a significant percentage of the ETF.