FXO vs. AIEQ ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to AI Powered Equity ETF (AIEQ)

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.98

Average Daily Volume

71,394

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.70

Average Daily Volume

8,273

Number of Holdings ^*

159

* may have additional holdings in another (foreign) market

Performance

Period	FXO	AIEQ
30 Days	-5.38%	-0.31%
60 Days	1.67%	4.85%
90 Days	-0.72%	1.03%
12 Months	20.28%	13.78%

14 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in AIEQ	Overlap
AMG	D	1.61%	0.16%	0.16%
AMP	C	1.36%	0.04%	0.04%
APO	B	1.84%	0.53%	0.53%
BLK	D	0.3%	1.23%	0.3%
JEF	C	0.33%	0.0%	0.0%
KEY	D	0.29%	0.98%	0.29%
MS	B	0.34%	-0.01%	-0.01%
OWL	D	1.6%	0.14%	0.14%
PNC	D	0.66%	0.33%	0.33%
RJF	D	0.31%	0.25%	0.25%
STT	D	1.34%	0.05%	0.05%
USB	D	0.6%	1.97%	0.6%
VOYA	C	0.33%	0.0%	0.0%
WBS	F	1.12%	0.0%	0.0%

FXO Overweight 87 Positions Relative to AIEQ

Symbol	Grade	Weight
ACGL	B	1.89%
KKR	B	1.88%
FCNCA	D	1.78%
PGR	D	1.77%
JHG	B	1.74%
NU	B	1.72%
BRK.A	C	1.7%
RNR	C	1.69%
EG	D	1.67%
WTM	C	1.67%
SLM	D	1.66%
UNM	D	1.66%
TROW	B	1.64%
MTG	C	1.62%
CINF	D	1.61%
AGO	D	1.5%
OZK	F	1.46%
MKL	C	1.44%
BRO	A	1.42%
MTB	D	1.38%
COLB	F	1.35%
C	D	1.35%
FHN	D	1.35%
AIG	D	1.35%
L	D	1.34%
RYAN	C	1.34%
OMF	D	1.33%
ALLY	C	1.32%
FNB	D	1.28%
HBAN	D	1.25%
CMA	D	1.19%
VIRT	B	1.17%
BEN	F	1.13%
LPLA	B	1.06%
EQH	B	1.06%
BK	B	1.05%
BAC	A	1.04%
CB	B	1.03%
ARES	D	1.02%
AFL	B	1.02%
KNSL	F	1.01%
LNC	B	1.0%
HIG	B	0.97%
BOKF	D	0.95%
CFG	D	0.94%
ZION	D	0.94%
WAL	D	0.9%
SEIC	D	0.9%
EWBC	D	0.89%
WTFC	D	0.89%
FHB	D	0.89%
PRI	C	0.88%
PNFP	D	0.87%
RF	C	0.86%
AXS	B	0.76%
GS	B	0.75%
RGA	B	0.74%
UWMC	B	0.7%
RKT	B	0.69%
ORI	C	0.69%
JPM	C	0.69%
WFC	D	0.69%
FITB	D	0.67%
BPOP	D	0.67%
WTW	D	0.65%
NTRS	D	0.65%
MORN	D	0.65%
SNV	D	0.64%
PB	D	0.62%
TPG	C	0.62%
FAF	D	0.6%
GL	D	0.49%
CRBG	C	0.34%
AJG	A	0.34%
PRU	C	0.33%
SF	D	0.33%
TW	D	0.33%
CBSH	D	0.33%
FNF	D	0.31%
TRV	D	0.31%
AFG	D	0.31%
CBOE	D	0.31%
STWD	D	0.31%
WRB	D	0.3%
AIZ	D	0.3%
CFR	D	0.29%
XP	F	0.24%

FXO Underweight 145 Positions Relative to AIEQ

Symbol	Grade	Weight
META	B	-7.18%
NFLX	A	-6.37%
MSFT	A	-6.05%
AMAT	A	-5.06%
CRM	F	-4.91%
PEP	D	-4.5%
ROKU	F	-3.81%
HD	C	-3.73%
COIN	B	-3.54%
QCOM	A	-3.51%
ADBE	C	-3.03%
ISRG	A	-2.68%
BX	C	-2.61%
ORCL	B	-2.53%
MRO	C	-1.94%
MRVL	B	-1.52%
X	F	-1.46%
LVS	F	-1.29%
ROST	B	-1.28%
PARA	F	-1.26%
SPG	B	-1.21%
BKR	D	-1.21%
PR	D	-1.02%
CMI	D	-0.95%
MARA	C	-0.88%
VFC	C	-0.82%
SOFI	F	-0.79%
S	D	-0.78%
OLLI	B	-0.75%
LEN	D	-0.69%
J	D	-0.68%
COHR	A	-0.62%
PVH	C	-0.56%
RL	B	-0.52%
CROX	A	-0.49%
NET	D	-0.49%
VEEV	D	-0.46%
IVZ	D	-0.45%
OPEN	F	-0.44%
ECL	A	-0.44%
KRC	F	-0.42%
NOVA	C	-0.37%
SYY	D	-0.34%
RYTM	B	-0.34%
TXT	D	-0.32%
BIIB	C	-0.31%
DHI	D	-0.3%
CSGP	F	-0.29%
CIEN	F	-0.29%
FATE	F	-0.28%
HCA	A	-0.25%
FOUR	C	-0.24%
WEX	F	-0.24%
TXN	B	-0.23%
SNOW	F	-0.23%
ALLO	F	-0.22%
APLS	D	-0.22%
PTC	D	-0.22%
CRUS	A	-0.22%
THO	F	-0.22%
MANH	C	-0.21%
FLR	A	-0.21%
NKLA	F	-0.2%
EDIT	F	-0.18%
TELL	C	-0.17%
IBM	C	-0.17%
TRNO	C	-0.16%
SFIX	C	-0.16%
NFE	F	-0.15%
ACN	F	-0.14%
PACB	F	-0.14%
ZNTL	F	-0.14%
SPSC	B	-0.13%
CVS	F	-0.13%
OCGN	C	-0.13%
TGT	D	-0.13%
HON	A	-0.12%
STEM	F	-0.12%
KURA	B	-0.12%
EME	B	-0.12%
MDLZ	D	-0.11%
MDB	F	-0.1%
GILD	D	-0.1%
BBIO	C	-0.1%
APPN	F	-0.09%
PLTR	B	-0.09%
AMT	B	-0.09%
DASH	D	-0.08%
ICE	B	-0.08%
STZ	C	-0.08%
LULU	F	-0.08%
MNST	F	-0.08%
ALL	D	-0.07%
ZS	C	-0.07%
MCO	B	-0.07%
HAL	F	-0.07%
PH	D	-0.06%
URI	D	-0.05%
CPRT	D	-0.04%
DLR	A	-0.04%
STLD	D	-0.04%
ROK	F	-0.04%
AVB	A	-0.03%
NFG	C	-0.0%
WEC	D	-0.0%
WST	D	-0.0%
VTR	A	-0.0%
WPC	D	-0.0%
RRC	C	-0.0%
OGS	F	-0.0%
SCCO	D	-0.0%
MAT	F	-0.0%
RS	D	-0.0%
RBC	B	-0.0%
MGY	D	-0.0%
WWD	B	-0.0%
NVT	B	-0.0%
ZWS	D	-0.0%
NTNX	C	-0.0%
MMS	B	-0.0%
NOG	D	-0.0%
IRDM	F	-0.0%
NJR	C	-0.0%
VRTX	A	--0.01%
JKHY	D	--0.01%
SO	B	--0.01%
ZTS	C	--0.01%
SRE	B	--0.01%
KDP	B	--0.01%
WMB	A	--0.01%
PG	A	--0.01%
TFC	D	--0.01%
SNAP	B	--0.01%
VLO	D	--0.01%
MCD	D	--0.01%
KHC	D	--0.01%
PAYX	B	--0.01%
ORLY	C	--0.01%
WDAY	F	--0.01%
U	F	--0.01%
REG	B	--0.01%
PWR	B	--0.01%
SWN	D	--0.02%
NTAP	A	--0.02%
WFRD	D	--0.03%