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FYCvsIVSSETF Comparison

ETF 1
FYC

First Trust Small Cap Growth AlphaDEX Fund ETF

This fund is part of
US Small Cap Growth
+0%
VS
ETF 2
IVSS

Applied Finance IVS US SMID ETF

This fund is part of
US Multi-Factor
+0%

First Trust Small Cap Growth AlphaDEX Fund ETF (FYC) belongs to the US Small Cap Growth segment. Applied Finance IVS US SMID ETF (IVSS) is part of the US Multi-Factor segment. FYC's top 3 sector exposures are Health Care, Industrials and Information Technology. In contrast, IVSS's top sector exposures are Industrials, Information Technology and Financials. FYC is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.59% for IVSS. FYC is up 25.33% year-to-date (YTD) with +$246M in YTD flows. IVSS performs worse with 15.28% YTD performance, and +$18M in YTD flows. Run a side-by-side ETF comparison of FYC and IVSS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FYC vs IVSS performance and flow charts

Performance

0246810%May 19May 26Jun 2Jun 9Jun 16

Cumulative Flows

0 M10 M20 M30 M40 M50 MMay 19May 26Jun 2Jun 9Jun 16

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Historic performance and flows
Data as of 06/19/2026
1M3MYTD1Y3Y5Y
Perf.
FYC
IVSS
+9.50%+5.97%
+24.17%+12.92%
+25.33%+15.28%
+59.10%n/a
+105.25%n/a
+70.61%n/a
Flows
FYC
IVSS
+$53M+$1M
+$104M+$8M
+$246M+$18M
+$424M-
+$598M-
+$442M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
FYC
IVSS
+24.31%+15.29%
+21.49%n/a
+22.13%n/a
+23.91%n/a
Max drawdown
FYC
IVSS
-5.99%-3.51%
-10.43%n/a
-27.69%n/a
-35.34%n/a
Max drawdown duration
FYC
IVSS
7d19d
78dn/a
251dn/a
1093dn/a
Trading data

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FYC
IVSS
Last sale
6/18/2026 at 1:30 PM
$120.42
$29.06
Previous close
06/18/2026
$117.89
$28.74
Consolidated volume
06/18/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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IVSS
is actively managed and doesn’t replicate an index

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FYC
IVSS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
FYC
IVSS
Last price
$120.42
$29.06
1D performance
+2.15%
+1.13%
AuM$1.22 B$26.14 M
E/R0.7%0.59%
Characteristics
FYC
IVSS
Management strategyPassiveActive
ProviderFirst TrustApplied Finance
BenchmarkNASDAQ AlphaDEX Small Cap Growth Index-
N° of holdings229318
Asset classEquities-
Trailing 12m distribution yield
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Inception dateApril 19, 2011December 3, 2025
ESGNoNo
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Exposure

Countries

FYC
USA
95.52%
Other
4.48%
IVSS
USA
76.3%
Other
23.7%

Sectors

FYC
Health Care
22.69%
Industrials
16.42%
Information Techn.
14.57%
Consumer Discreti.
9.17%
Financials
7.33%
Other
29.82%
IVSS
Industrials
14.18%
Information Techn.
13.05%
Financials
12.01%
Health Care
10.77%
Consumer Discreti.
9.94%
Energy
7.51%
Other
32.54%
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Diversification

FYC

Total weight of top 15 holdings out of 15

13.29%
IVSS

Total weight of top 15 holdings out of 15

19.24%

Top 15 holdings

Data as of April 30, 2026
FYC
MAXLINEAR
1.96%
APPLIED OPTOEL/D
1.20%
ANAPTYSBIO INC
0.87%
US23204X1037
0.85%
US45720N1037
0.85%
MYR GROUP
0.85%
KAISER ALUMINUM
0.80%
GARRETT MOTION
0.79%
BEL FUSE
0.79%
US00676P1075
0.76%
US1559231055
0.74%
SOLARIS OILFIELD INFRASTRUCTURE
0.71%
CIMPRESS PLC
0.71%
RELAY THERAPEUTICS
0.71%
EZCORP CL A NV
0.70%
IVSS
INTERDIGITAL
2.04%
STERLING INFRASTRUCTURE INC
1.84%
PJT PARTNERS
1.55%
HEALTHEQUITY I/D
1.48%
OTTER TAIL PWR
1.29%
ENSIGN GROUP
1.28%
MERCURY GENERAL
1.28%
SOUTHWEST GAS
1.24%
TANGER FACTORY REIT
1.12%
COEUR MINING INC
1.11%
ACI WORLDWIDE
1.08%
LANTHEUS HOLDINGS
1.01%
CHART INDUSTRIES
1.01%
MAXIMUS
0.98%
KINETIK HOLDINGS INC
0.93%
Frequently asked questions about FYC and IVSS

How have the FYC and IVSS ETFs performed in 2026?

As of June 19, 2026, FYC is up 25.33% year-to-date (YTD), while IVSS has returned 15.28%. That puts FYC better performer ahead so far this year.

Which ETF is attracting more investor money: FYC or IVSS?

Year-to-date, the FYC ETF saw +$246M in flows, compared to +$18M for IVSS.

Which ETF is bigger: FYC or IVSS?

As of June 19, 2026, FYC holds $1.22 B in assets under management (AUM), while IVSS manages $26.14 M.

What sectors do the FYC and IVSS ETFs invest in?

FYC leans toward sectors like Health Care, Industrials and Information Technology. Meanwhile, IVSS focuses on Industrials, Information Technology and Financials.

What are the top holdings of the FYC ETF and IVSS ETF?

FYC top holdings include MAXLINEAR, APPLIED OPTOEL/D and ANAPTYSBIO INC. IVSS holds in its top three: INTERDIGITAL, STERLING INFRASTRUCTURE INC and PJT PARTNERS.

Which ETF is more diversified: FYC or IVSS?

FYC holds 259 securities with 13.29% of its assets in the top 15. IVSS has 321 securities and a top 15 weight of 19.24%.

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