ADME vs. FTA ETF Comparison

Comparison of Aptus Drawdown Managed Equity ETF (ADME) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

ADME

Aptus Drawdown Managed Equity ETF

ADME Description

The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.

Grade (RS Rating)

Last Trade

$47.59

Average Daily Volume

34,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA 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 Defined Large Cap Value 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 S&P to objectively identify and select stocks from the S&P 500(R) Value Index 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

$83.46

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	ADME	FTA
30 Days	2.15%	4.88%
60 Days	3.21%	5.23%
90 Days	4.52%	6.80%
12 Months	28.04%	26.69%

16 Overlapping Holdings

Symbol	Grade	Weight in ADME	Weight in FTA	Overlap
ACN	C	1.13%	0.18%	0.18%
BAC	A	1.02%	0.59%	0.59%
C	A	0.62%	0.76%	0.62%
CMCSA	B	0.38%	0.91%	0.38%
CSX	B	1.01%	0.36%	0.36%
DE	A	0.64%	0.48%	0.48%
DUK	C	0.64%	0.49%	0.49%
EOG	A	0.48%	0.97%	0.48%
FANG	D	0.74%	0.74%	0.74%
JNJ	D	1.02%	0.33%	0.33%
LMT	D	1.61%	0.16%	0.16%
LOW	D	1.2%	0.17%	0.17%
MS	A	1.15%	0.65%	0.65%
PHM	D	0.8%	0.79%	0.79%
SLB	C	0.25%	0.73%	0.25%
XOM	B	1.84%	0.9%	0.9%

ADME Overweight 60 Positions Relative to FTA

Symbol	Grade	Weight
NVDA	C	7.17%
AAPL	C	6.89%
MSFT	F	6.09%
AMZN	C	3.67%
GOOG	C	3.58%
META	D	2.44%
NOW	A	2.11%
JPM	A	2.0%
AVGO	D	1.93%
TSLA	B	1.89%
SYK	C	1.82%
V	A	1.79%
CAT	B	1.74%
BRK.A	B	1.72%
PGR	A	1.68%
AMAT	F	1.34%
NFLX	A	1.33%
LIN	D	1.31%
UNH	C	1.25%
TMUS	B	1.23%
BLK	C	1.23%
WMT	A	1.2%
LLY	F	1.19%
KO	D	1.13%
MAR	B	1.11%
PG	A	1.11%
FI	A	1.09%
COST	B	1.05%
INTU	C	1.05%
ISRG	A	1.05%
TMO	F	1.04%
SO	D	1.0%
CTAS	B	0.97%
MCD	D	0.96%
HON	B	0.91%
MSI	B	0.9%
MMC	B	0.89%
TJX	A	0.87%
ADI	D	0.86%
AMT	D	0.82%
ABT	B	0.8%
ICE	C	0.71%
BMY	B	0.71%
DLR	B	0.71%
NEE	D	0.69%
MKC	D	0.68%
ABBV	D	0.65%
ETN	A	0.63%
MO	A	0.6%
TYL	B	0.59%
PSA	D	0.48%
ADBE	C	0.47%
AMD	F	0.45%
VRTX	F	0.45%
HCA	F	0.45%
SHW	A	0.44%
BR	A	0.42%
AMGN	D	0.36%
FCX	D	0.35%
ADP	B	0.32%

ADME Underweight 170 Positions Relative to FTA

Symbol	Grade	Weight
UAL	A	-1.4%
SYF	B	-1.14%
GM	B	-1.13%
DAL	C	-1.12%
PCAR	B	-1.02%
FOXA	B	-0.98%
TROW	B	-0.97%
STLD	B	-0.96%
CVX	A	-0.96%
CINF	A	-0.96%
RS	B	-0.94%
COP	C	-0.94%
CTRA	B	-0.93%
HPE	B	-0.92%
F	C	-0.92%
AIG	B	-0.91%
HAL	C	-0.91%
VLO	C	-0.91%
WFC	A	-0.9%
T	A	-0.89%
DVN	F	-0.88%
PSX	C	-0.87%
TOL	B	-0.87%
COF	B	-0.86%
OXY	D	-0.86%
KMI	A	-0.85%
MPC	D	-0.85%
NUE	C	-0.85%
HBAN	A	-0.84%
EG	C	-0.82%
EQT	B	-0.82%
LNG	B	-0.82%
CFG	B	-0.8%
BG	F	-0.8%
LEN	D	-0.79%
OC	A	-0.78%
ETR	B	-0.78%
CVS	D	-0.77%
ADM	D	-0.77%
LYB	F	-0.76%
SRE	A	-0.76%
VTRS	A	-0.76%
INTC	D	-0.75%
FDX	B	-0.75%
CRBG	B	-0.74%
L	A	-0.74%
XEL	A	-0.74%
ATO	A	-0.73%
CTSH	B	-0.73%
CNP	B	-0.72%
AEE	A	-0.72%
KR	B	-0.72%
ZBH	C	-0.71%
ALLY	C	-0.71%
CB	C	-0.7%
CF	B	-0.7%
HIG	B	-0.69%
APTV	D	-0.66%
EXC	C	-0.66%
ON	D	-0.65%
VZ	C	-0.64%
DG	F	-0.64%
ED	D	-0.64%
SNA	A	-0.63%
CHTR	C	-0.62%
BKR	B	-0.61%
MTB	A	-0.61%
SWKS	F	-0.6%
IP	B	-0.6%
DHI	D	-0.6%
RF	A	-0.58%
FITB	A	-0.57%
TDY	B	-0.56%
LUV	C	-0.56%
TRV	B	-0.56%
USB	A	-0.56%
STT	A	-0.55%
CNC	D	-0.55%
NI	A	-0.53%
DGX	A	-0.52%
PPL	B	-0.51%
TXT	D	-0.5%
D	C	-0.5%
LNT	A	-0.5%
AFL	B	-0.5%
EQR	B	-0.5%
ULTA	F	-0.5%
TGT	F	-0.5%
EBAY	D	-0.49%
HRL	D	-0.49%
SYY	B	-0.49%
DTE	C	-0.48%
CE	F	-0.48%
BLDR	D	-0.48%
AEP	D	-0.47%
STX	D	-0.46%
RJF	A	-0.46%
KHC	F	-0.46%
AKAM	D	-0.45%
BBY	D	-0.45%
BIIB	F	-0.44%
OKE	A	-0.42%
ZM	B	-0.42%
DOW	F	-0.42%
DIS	B	-0.4%
KEY	B	-0.4%
PNC	B	-0.39%
JBHT	C	-0.38%
TSN	B	-0.38%
CSCO	B	-0.38%
NWSA	B	-0.38%
PKG	A	-0.38%
RGA	A	-0.37%
KIM	A	-0.37%
HPQ	B	-0.36%
DRI	B	-0.36%
PRU	A	-0.36%
WEC	A	-0.35%
SSNC	B	-0.35%
CMS	C	-0.34%
FNF	B	-0.34%
NVR	D	-0.33%
DOC	D	-0.33%
CARR	D	-0.33%
PPG	F	-0.33%
HSY	F	-0.33%
EIX	B	-0.33%
ARE	D	-0.32%
FE	C	-0.32%
GIS	D	-0.31%
GPC	D	-0.31%
MOH	F	-0.31%
KDP	D	-0.31%
HUM	C	-0.31%
WLK	D	-0.3%
ELV	F	-0.27%
PYPL	B	-0.19%
CMI	A	-0.19%
ODFL	B	-0.19%
LHX	C	-0.18%
WRB	A	-0.18%
APD	A	-0.18%
LH	C	-0.18%
IEX	B	-0.18%
J	F	-0.18%
KEYS	A	-0.17%
GD	F	-0.17%
PEP	F	-0.17%
UPS	C	-0.17%
NDSN	B	-0.17%
CTVA	C	-0.17%
MAA	B	-0.17%
HD	A	-0.17%
PFG	D	-0.17%
OMC	C	-0.17%
CLX	B	-0.17%
SBUX	A	-0.17%
CPB	D	-0.16%
WY	D	-0.16%
EXPD	D	-0.16%
DD	D	-0.16%
CI	F	-0.16%
MAS	D	-0.16%
HOLX	D	-0.16%
MDT	D	-0.16%
FTV	C	-0.16%
NKE	D	-0.15%
MDLZ	F	-0.15%
AWK	D	-0.15%
CAG	D	-0.14%