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FYC:NASDAQFirst Trust Small Cap Growth AlphaDEX Fund Analysis

Data as of 2026-05-20 - not real-time

$109.92

Latest Price

7/10Risk

Risk Level: Medium

Executive Summary

FYC is trading at $109.92, just above the identified support level of $107.77 and below its 20‑day SMA of $111.78, indicating a modest upside buffer. The ETF sits comfortably above its 50‑day SMA ($104.80) and 200‑day SMA ($96.78), confirming a prevailing bullish trend despite a bearish MACD histogram (-0.71) and a neutral RSI (49.9). YTD performance is strong at +15.88% and the fund benefits from zero tracking error and no premium/discount, but the expense ratio of 0.70% is relatively high for a small‑cap growth vehicle, and a beta of 1.45 signals heightened sensitivity to market swings. Market sentiment is in the “Extreme Greed” zone (fear‑greed index 89.2), which can fuel short‑term price lifts but also raises the risk of a rapid pull‑back.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 6/10

Key Factors

  • Price near technical support with limited upside before reaching resistance at $115.79
  • Bearish MACD histogram suggesting short‑term momentum weakness
  • High market greed index could precipitate a rapid correction

Medium Term

1–3 years
Positive
Model confidence: 8/10

Key Factors

  • Sustained bullish alignment of 20‑, 50‑, and 200‑day SMAs
  • Strong YTD return (+15.88%) outpacing many peers
  • Zero tracking error and no premium/discount provide pricing confidence

Long Term

> 3 years
Positive
Model confidence: 7/10

Key Factors

  • Small‑cap growth exposure offers higher long‑run growth potential
  • Beta of 1.45 indicates the fund will likely benefit from continued equity market expansion
  • Expense ratio, while higher than passive peers, is justified by AlphaDEX stock‑selection methodology

Key Metrics & Analysis

Fund Metrics

Expense Ratio0.70%
AUM$1.0B
Inception Date2011-04-19
Avg Daily Volume53,640
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.07%

Technical Analysis

TrendBullish
RSI49.9
Support$107.77
Resistance$115.79
MA 20$111.78
MA 50$104.80
MA 200$96.78
MACDBearish
VolumeStable
Fear & Greed Index89.18

Risk Assessment

Beta1.45
Volatility20.81%
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.