AMID vs. FXL ETF Comparison

Comparison of Argent Mid Cap ETF (AMID) to First Trust Technology AlphaDEX (FXL)
AMID

Argent Mid Cap ETF

AMID Description

AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

Grade (RS Rating)

Last Trade

$32.12

Average Daily Volume

7,060

Number of Holdings *

9

* may have additional holdings in another (foreign) market
FXL

First Trust Technology AlphaDEX

FXL 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) Technology 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 technology 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

$128.24

Average Daily Volume

30,389

Number of Holdings *

94

* may have additional holdings in another (foreign) market
Performance
Period AMID FXL
30 Days -5.03% -4.08%
60 Days -3.31% -6.39%
90 Days 4.25% -3.77%
12 Months 35.37% 33.60%
2 Overlapping Holdings
Symbol Grade Weight in AMID Weight in FXL Overlap
CDW F 4.29% 0.63% 0.63%
FTNT F 2.55% 0.33% 0.33%
AMID Overweight 7 Positions Relative to FXL
Symbol Grade Weight
BLDR C 5.81%
FICO D 4.92%
DHI D 4.01%
CPRT C 3.81%
MEDP D 3.44%
BLD D 3.14%
CTAS A 3.08%
AMID Underweight 92 Positions Relative to FXL
Symbol Grade Weight
VRT A -2.04%
APP B -1.9%
NTNX C -1.87%
AVT A -1.83%
PSTG C -1.82%
ARW B -1.82%
ON F -1.77%
HPE D -1.75%
IPGP F -1.74%
CRWD D -1.74%
TOST D -1.74%
DASH D -1.74%
NVDA C -1.73%
GFS D -1.7%
META D -1.7%
IAC C -1.69%
CTSH F -1.68%
SWKS F -1.57%
CNXC F -1.57%
GDDY A -1.55%
SNX A -1.54%
SAIC D -1.49%
PLTR D -1.45%
NTAP C -1.45%
AMAT C -1.42%
PEGA D -1.41%
AVGO D -1.41%
DNB D -1.39%
DOX F -1.39%
NET F -1.37%
NOW D -1.36%
DXC F -1.35%
CRM D -1.34%
INFA D -1.33%
ENTG D -1.32%
MANH F -1.25%
PCOR D -1.25%
CACI A -1.22%
DDOG C -1.16%
MCHP A -1.12%
HUBS D -1.09%
SSNC C -1.08%
KLAC B -1.08%
MSFT C -1.06%
PTC D -1.05%
AKAM F -1.05%
HPQ D -1.04%
CRUS C -1.03%
ORCL D -1.03%
SNPS D -1.03%
OKTA D -1.01%
LRCX D -1.01%
CDNS D -1.0%
IT D -1.0%
FFIV F -0.99%
AMD D -0.9%
GOOGL A -0.82%
KBR A -0.78%
APH A -0.78%
GLW B -0.77%
TXN A -0.76%
ADI A -0.74%
DBX F -0.73%
QCOM A -0.73%
ZM F -0.71%
INTU C -0.71%
CFLT D -0.7%
GTLB F -0.69%
S D -0.69%
MTCH D -0.65%
RNG D -0.65%
JBL F -0.64%
NCNO D -0.61%
INTC F -0.52%
HCP B -0.43%
PINS A -0.42%
ESTC C -0.38%
MDB F -0.37%
TER A -0.36%
PANW B -0.36%
DOCU B -0.34%
MPWR C -0.34%
ROP F -0.33%
DLB D -0.33%
ZS D -0.32%
WDAY D -0.32%
VRSN F -0.32%
OLED C -0.32%
IBM D -0.31%
DV D -0.3%
PATH D -0.3%
ADSK D -0.29%
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