Nasdaq Dorsey Wright

First Trust Feature

Published: October 29, 2025

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Outpacing RUT and other U.S. equity indices is the First Trust Small Cap Growth AlphaDEX Fund ([FYC]), which has gained 5.6% in October.

There were no changes to any of the First Trust Models covered within the report this week.

Small caps continue to build on their positive Q3 thus far in Q4 with the Russell 2000 Index (RUT) gaining 2.88% in October (thru 10/28). Outpacing RUT and other U.S. equity indices is the First Trust Small Cap Growth AlphaDEX Fund (FYC), which has gained 5.6% in October.

On its default trend chart, FYC has maintained a buy signal since April and a positive trend since June. Action this week brought about a fourth consecutive buy signal completing a bullish catapult and a new all-time chart high at $97. The fund has maintained a long-term market RS buy signal since December 2020 and has shown near-term positive RS since August this year. FYC maintains a stellar fund score of 5.87 (out of 6), which is two full points high than the average score for a fund within the Small Cap group (3.70) on the Asset Class Group Scores pages.

FYC is actionable here on the breakout or on a pullback to $94 on the chart. Initial support lies at $92 with additional support around $90 and $78.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. First Trust has arranged with Dorsey, Wright to provide this specialized ETF page on the First Trust ETFs. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included therein, are created and provided solely by Dorsey, Wright & Associates. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including First Trust ETF shares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither First Trust nor Dorsey Wright through this ETF page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations and rules, including NASD Rules 2090 and 2111 (Know Your Customer). The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or First Trust. If you are not familiar with Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University, www.dorseywright.com. If you are not familiar with the First Trust ETF product, or Exchange Traded Funds (ETFs), we suggest you visit www.ftportfolios.com.