FYC vs IWO
First Trust Small Cap Growth AlphaDEX Fund compared with iShares Russell 2000 Growth ETF on yield, payout growth, payment schedule, cost and risk.
FYC
First Trust Small Cap Growth AlphaDEX Fund
TTM yield · Semi-annual
IWO
iShares Russell 2000 Growth ETF
TTM yield · Quarterly
Quick take
- IWO yields more today: 0.48% vs 0.22% (forward).
- FYC has grown its payout faster: 23.3%/yr vs 10.7%/yr over the last 5 years.
- FYC pays twice a year; IWO pays every quarter.
- Over the last year FYC delivered the higher total return: +37.8% vs +23.2% (price change plus payouts).
- IWO is cheaper to own: 0.24% vs 0.70% expense ratio.
- IWO has the steadier distribution: consistency 52/100 vs 37/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | FYC | IWO |
|---|---|---|
| Share price | $119.54 | $377.54 |
| TTM yield | 0.17% | 0.43% |
| Forward yield | 0.22% | 0.48% |
| Annual payout per share | $0.26 | $1.808 |
| Payment frequency | Semi-annual | Quarterly |
| Next ex-date | Dec 20, 2026 (est.) | Sep 14, 2026 (est.) |
| Expense ratio | 0.70% | 0.24% |
| 1-year payout growth | +41.5% | -28.4% |
| 5-year payout CAGR | +23.3% | +10.7% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 37/100 | 52/100 |
| 1-year total return | +37.8% | +23.2% |
| 1-year price return | +37.6% | +22.7% |
| Size (market cap / AUM) | 1.4B | 14.9B |
| Years paying | 14.7 | 26.0 |
| Sector / category | Small Growth | Small Growth |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| FYC | IWO | |
|---|---|---|
| Shares | 83.7 | 26.5 |
| Income per year | $22 | $48 |
| Income per month (avg) | $2 | $4 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| FYC Dec 20, 2026 | Dec 26, 2026 | $0.13 | Est. |
| FYC Jun 16, 2027 | Jun 22, 2027 | $0.13 | Est. |
| IWO Sep 14, 2026 | Sep 28, 2026 | $0.452 | Est. |
| IWO Dec 14, 2026 | Dec 28, 2026 | $0.452 | Est. |
| IWO Mar 15, 2027 | Mar 29, 2027 | $0.452 | Est. |
Annual payouts per share
FYCIWO
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, FYC or IWO?
IWO currently has the higher trailing yield: FYC yields 0.17% and IWO yields 0.43%. Yield changes daily with price, so check the live figures above.
How often do FYC and IWO pay?
FYC pays twice a year and IWO pays every quarter. FYC's next ex-date is Dec 20, 2026 and IWO's is Sep 14, 2026.
Which has grown its dividend faster, FYC or IWO?
FYC has grown its payout faster: 23.3%/yr vs 10.7%/yr over the last 5 years.
Is FYC or IWO better for income?
It depends on what you are optimising for. FYC and IWO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.