First Trust Small Cap Growth AlphaDEX ETF outperforms peers with strong healthcare and industrials exposure.

The First Trust Small Cap Growth AlphaDEX Fund ETF (FYC) offers diversified small-cap growth exposure, focusing heavily on healthcare (25.2%) and industrials (21.2%). Since its launch in 2011, FYC has outperformed the S&P SmallCap 600 Index and other small-cap growth ETFs despite a relatively high expense ratio of 0.70%. Its strong performance and liquidity make it attractive for both long-term investors and tactical portfolio allocations. The fund uses a rules-based selection process to minimize company-specific risk and maintain broad diversification.