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FYXvsIVSSETF Comparison
First Trust Small Cap Core AlphaDEX Fund ETF (FYX) and Applied Finance IVS US SMID ETF (IVSS) belong to the same industry segment: US Multi-Factor. FYX's top 3 sector exposures are Financials, Industrials and Health Care. In contrast, IVSS's top sector exposures are Information Technology, Industrials and Financials. FYX is less expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.59% for IVSS. FYX is up 5.44% year-to-date (YTD) with +$73M in YTD flows. IVSS performs worse with 4.29% YTD performance, and +$9M in YTD flows. Run a side-by-side ETF comparison of FYX 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.
FYX vs IVSS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FYX IVSS | -4.35%-4.37% | +2.76%+4.41% | +5.44%+4.29% | +32.12%n/a | +54.18%n/a | +34.89%n/a |
| Flows | FYX IVSS | +$31M+$3M | +$73M+$11M | +$73M+$9M | -$21M- | -$70M- | -$4M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FYX IVSS | +16.66%+15.46% | +23.02%n/a | +21.20%n/a | +22.45%n/a |
| Max drawdown | FYX IVSS | -4.50%-5.07% | -16.19%n/a | -28.15%n/a | -28.15%n/a |
| Max drawdown duration | FYX IVSS | 16d15d | 49dn/a | 296dn/a | 296dn/a |
FYX | IVSS | |
Last sale 3/11/2026 at 1:30 PM | $118.96 | $26.09 |
| Previous close 03/10/2026 | $119.31 | $26.15 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FYX | IVSS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FYX | IVSS | |
|---|---|---|
| Last price | $118.96 | $26.09 |
| 1D performance | -0.29% | -0.24% |
| AuM | $1.05 B | $15.11 M |
| E/R | 0.58% | 0.59% |
FYX | IVSS | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | First Trust | Applied Finance |
| Benchmark | NASDAQ AlphaDEX Small Cap Core Index | - |
| N° of holdings | 471 | 320 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 8, 2007 | December 3, 2025 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FYX and IVSS ETFs performed in 2026?
As of March 10, 2026, FYX is up 5.44% year-to-date (YTD), while IVSS has returned 4.29%. That puts FYX better performer ahead so far this year.
Which ETF is attracting more investor money: FYX or IVSS?
Year-to-date, the FYX ETF saw +$73M in flows, compared to +$9M for IVSS.
Which ETF is bigger: FYX or IVSS?
As of March 10, 2026, FYX holds $1.05 B in assets under management (AUM), while IVSS manages $15.11 M.
What sectors do the FYX and IVSS ETFs invest in?
FYX leans toward sectors like Financials, Industrials and Health Care. Meanwhile, IVSS focuses on Information Technology, Industrials and Financials.
What are the top holdings of the FYX ETF and IVSS ETF?
FYX top holdings include VICOR, KOSMOS ENERGY and ASTRONICS. IVSS holds in its top three: RYMAN HOSPITALITY PROPERTIES, MAXIMUS and ENSIGN GROUP.
Which ETF is more diversified: FYX or IVSS?
FYX holds 521 securities with 5.8% of its assets in the top 15. IVSS has 323 securities and a top 15 weight of 20.21%.
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
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