First Trust Small Cap Core AlphaDEX Fund Price & Performance (FYX)

President Trump has invoked the Defense Production Act to enhance domestic mineral production, aiming to reduce reliance on imports. By accelerating mining permits and increasing federal land access, the administration seeks to strengthen national supply chains and potentially lower energy costs. This initiative also includes international agreements to secure rare earth resources.1

The First Trust Small Cap Core AlphaDEX Fund experienced a 91.7% decline in short interest by the end of February. With only 1,000 shares shorted, this marks a notable shift in investor sentiment. The fund, tracking small-cap stocks, trades at $91.39, reflecting a recovery from its 12-month low of $86.07.2

The First Trust Emerging Markets Small Cap AlphaDEX Fund saw a 70.6% drop in short interest, signaling increased investor confidence. As of late February, the fund trades at $38.68, with a market cap of $288.17 million. Its focus on emerging markets offers a diversified growth opportunity for investors.3