FXZ vs. DVOL ETF Comparison

Comparison of First Trust Materials AlphaDEX Fund (FXZ) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

FXZ

First Trust Materials AlphaDEX Fund

FXZ 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) Materials 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 materials and processing 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

$69.54

Average Daily Volume

28,047

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.88

Average Daily Volume

3,067

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXZ	DVOL
30 Days	2.78%	1.13%
60 Days	-2.52%	-2.23%
90 Days	4.61%	1.31%
12 Months	19.13%	20.82%

1 Overlapping Holdings

	Symbol	Grade	Weight in FXZ	Weight in DVOL	Overlap
	FAST	D	2.53%	1.74%	1.74%

FXZ Overweight 36 Positions Relative to DVOL

Symbol	Grade	Weight
MOS	F	4.72%
FMC	B	4.65%
CF	F	4.64%
ALB	C	4.61%
STLD	D	4.45%
CE	C	4.35%
NUE	F	4.28%
TKR	B	3.47%
EMN	A	3.41%
IP	C	3.35%
LYB	C	3.29%
APD	C	3.21%
OLN	D	3.16%
RS	D	3.15%
VVV	D	3.1%
WLK	B	3.04%
ECL	A	2.99%
ASH	A	2.98%
CLF	F	2.57%
NEU	D	2.53%
SCCO	B	1.91%
FCX	B	1.88%
RGLD	B	1.82%
AVY	A	1.76%
DOW	C	1.7%
HUN	C	1.66%
LIN	D	1.61%
SMG	D	1.5%
AA	B	1.05%
MP	D	1.02%
NEM	B	0.99%
IFF	A	0.95%
RBC	C	0.94%
CC	C	0.89%
ESI	D	0.83%
HXL	C	0.82%

FXZ Underweight 47 Positions Relative to DVOL

Symbol	Grade	Weight
RSG	C	-3.25%
WMT	C	-3.22%
MMC	C	-3.09%
V	C	-3.08%
APH	A	-3.04%
TJX	C	-2.91%
MSI	A	-2.82%
AJG	C	-2.78%
CW	A	-2.75%
MA	D	-2.71%
ORI	A	-2.7%
OTIS	D	-2.67%
WAB	A	-2.67%
JPM	B	-2.66%
COST	B	-2.65%
AME	D	-2.64%
NDSN	C	-2.51%
ITW	D	-2.51%
TRV	D	-2.47%
CTAS	B	-2.2%
MCK	B	-2.04%
IBM	D	-2.0%
DRI	F	-1.98%
PTC	D	-1.75%
AFL	A	-1.74%
HLT	D	-1.68%
ORLY	D	-1.67%
RGA	A	-1.55%
PRI	D	-1.5%
AIG	A	-1.42%
GRMN	A	-1.42%
CHE	D	-1.39%
REGN	C	-1.38%
TDG	A	-1.38%
CAH	F	-1.36%
PCAR	D	-1.28%
HWM	A	-1.22%
KR	B	-1.17%
GWW	D	-1.11%
ENSG	D	-1.11%
WELL	A	-1.1%
CPRT	D	-1.1%
VMC	C	-1.06%
HCA	D	-1.04%
AOS	C	-1.02%
OKE	B	-1.01%
PKG	D	-0.89%