CVY vs. FNK ETF Comparison

Comparison of Guggenheim Multi-Asset Income ETF (CVY) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

CVY

Guggenheim Multi-Asset Income ETF

CVY Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Zacks Multi-Asset Income Index. The fund invests at least 90% of its total assets in securities that comprise the index and depositary receipts representing securities that comprise the index. The Zacks Multi-Asset Income Index is comprised of approximately 149 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The securities comprising the index include stocks of small and medium-sized companies.

Grade (RS Rating)

Last Trade

$27.01

Average Daily Volume

6,810

Number of Holdings ^*

128

* may have additional holdings in another (foreign) market

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid 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 MidCap 400(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

$57.37

Average Daily Volume

9,876

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	CVY	FNK
30 Days	4.51%	7.85%
60 Days	3.27%	5.62%
90 Days	4.27%	5.60%
12 Months	25.76%	27.99%

30 Overlapping Holdings

Symbol	Grade	Weight in CVY	Weight in FNK	Overlap
APA	D	0.78%	0.66%	0.66%
AVT	C	0.64%	0.56%	0.56%
AXS	A	0.74%	0.47%	0.47%
BC	C	0.66%	0.41%	0.41%
BOKF	B	0.37%	0.32%	0.32%
BPOP	B	0.63%	0.14%	0.14%
CIVI	D	0.84%	0.74%	0.74%
CNO	A	0.38%	0.64%	0.38%
DINO	D	0.88%	0.7%	0.7%
HP	B	0.67%	0.8%	0.67%
HWC	B	0.37%	0.32%	0.32%
JXN	C	0.77%	0.8%	0.77%
KFY	B	0.35%	0.29%	0.29%
LEA	D	0.54%	0.63%	0.54%
M	D	1.0%	0.56%	0.56%
MGY	A	0.7%	0.65%	0.65%
MTG	C	0.66%	0.7%	0.66%
MUR	D	0.57%	0.71%	0.57%
NOG	A	0.67%	0.84%	0.67%
OGN	D	0.44%	0.34%	0.34%
OTTR	C	0.3%	0.59%	0.3%
OVV	B	1.0%	0.85%	0.85%
PAG	B	0.31%	0.43%	0.31%
PBF	D	0.62%	0.73%	0.62%
R	B	0.77%	0.64%	0.64%
RDN	C	0.32%	0.71%	0.32%
SEE	C	0.68%	0.14%	0.14%
SLM	A	0.76%	0.31%	0.31%
UNM	A	0.88%	0.71%	0.71%
VOYA	B	0.78%	0.15%	0.15%

CVY Overweight 98 Positions Relative to FNK

Symbol	Grade	Weight
BBAR	B	1.7%
ARLP	A	1.39%
SYF	B	1.32%
WFC	A	1.31%
BAC	A	1.16%
BSM	B	1.13%
EQH	B	1.12%
JPM	A	1.1%
JPC	A	1.1%
KR	B	1.09%
VTRS	A	1.08%
OHI	C	1.07%
CF	B	1.06%
SPG	B	1.06%
PDI	C	1.06%
SLG	B	1.04%
CRBG	B	1.04%
EOG	A	1.03%
MPW	F	1.0%
ECC	D	1.0%
CIG	C	1.0%
WES	C	0.99%
VLO	C	0.98%
MPLX	A	0.96%
PSX	C	0.96%
EG	C	0.95%
ET	A	0.93%
HAL	C	0.93%
MPC	D	0.92%
AGNC	D	0.92%
EXR	D	0.91%
CVS	D	0.91%
LAMR	D	0.9%
PBR	C	0.9%
BG	F	0.89%
ADM	D	0.87%
DVN	F	0.85%
GLP	A	0.84%
CIB	B	0.83%
EWBC	A	0.83%
TGNA	B	0.82%
EPD	A	0.82%
BP	D	0.81%
UMC	F	0.78%
SPH	B	0.77%
PAA	B	0.75%
PDO	C	0.75%
CTRE	D	0.74%
ONB	B	0.72%
CNH	C	0.71%
WGO	C	0.67%
E	F	0.67%
SUN	B	0.67%
T	A	0.6%
RPRX	D	0.59%
NSA	D	0.57%
ACP	C	0.55%
TTE	F	0.54%
STNG	F	0.5%
BBVA	F	0.49%
DSL	B	0.48%
XFLT	A	0.48%
QFIN	B	0.45%
HIW	D	0.44%
GEL	D	0.42%
VVR	D	0.41%
OUT	A	0.4%
HEES	B	0.4%
PRDO	B	0.39%
CATY	B	0.39%
IBOC	A	0.38%
SLVM	B	0.36%
BCH	F	0.36%
AGRO	D	0.35%
AKR	B	0.35%
CMRE	C	0.34%
LZB	B	0.34%
SAH	A	0.33%
OFG	B	0.32%
FBP	B	0.32%
GSL	F	0.31%
NAVI	C	0.31%
RES	D	0.3%
FFC	D	0.29%
LYG	F	0.26%
ING	F	0.26%
BGB	A	0.26%
DLY	B	0.25%
EMD	C	0.22%
NHI	D	0.22%
BCS	C	0.21%
ASC	F	0.2%
ISD	C	0.2%
ARDC	A	0.19%
HIO	B	0.19%
CSR	B	0.15%
EAD	C	0.12%
NBB	D	0.11%

CVY Underweight 193 Positions Relative to FNK

Symbol	Grade	Weight
CNX	A	-0.87%
MTDR	B	-0.86%
AGO	B	-0.84%
SM	B	-0.81%
OSK	B	-0.79%
TAP	C	-0.78%
PTEN	C	-0.78%
CMC	B	-0.78%
AL	B	-0.77%
HCC	B	-0.76%
ATKR	C	-0.75%
AMG	B	-0.75%
AMR	C	-0.74%
PVH	C	-0.72%
CHRD	D	-0.72%
NOV	C	-0.72%
URBN	C	-0.72%
UGI	A	-0.71%
NFE	D	-0.71%
TMHC	B	-0.71%
TEX	D	-0.71%
RNR	C	-0.69%
LAD	A	-0.68%
CADE	B	-0.68%
BWA	D	-0.68%
LBRT	D	-0.67%
G	B	-0.66%
DAR	C	-0.66%
RUSHA	C	-0.66%
TPH	D	-0.66%
OZK	B	-0.65%
DDS	B	-0.65%
MHO	D	-0.65%
LBRDK	C	-0.65%
LNC	B	-0.64%
RRC	B	-0.64%
MTH	D	-0.63%
MATX	C	-0.63%
BEN	C	-0.63%
ESNT	D	-0.63%
HOG	D	-0.62%
FMC	D	-0.61%
GPI	A	-0.61%
JAZZ	B	-0.61%
COOP	B	-0.61%
EVRG	A	-0.6%
BKH	A	-0.6%
PNW	B	-0.6%
ADTN	A	-0.6%
SR	A	-0.59%
HRI	B	-0.59%
NFG	A	-0.59%
GBDC	C	-0.59%
AAP	C	-0.59%
ASO	F	-0.58%
BCC	B	-0.58%
FHN	A	-0.57%
BBWI	D	-0.57%
HST	C	-0.57%
KRC	C	-0.57%
SOLV	C	-0.56%
MOS	F	-0.56%
WBS	A	-0.56%
POR	C	-0.56%
DXC	B	-0.55%
MDU	D	-0.55%
SUM	B	-0.54%
ZION	B	-0.54%
CNXC	F	-0.53%
SIG	B	-0.53%
KBH	D	-0.52%
WCC	B	-0.52%
FNB	A	-0.51%
ALK	C	-0.51%
OMF	A	-0.51%
COLB	A	-0.51%
CLF	F	-0.51%
UHS	D	-0.5%
ARW	D	-0.5%
SANM	B	-0.49%
VLY	B	-0.49%
GMS	B	-0.48%
AMKR	D	-0.48%
BYD	C	-0.48%
ABG	B	-0.47%
SWX	B	-0.46%
OGE	B	-0.46%
BERY	B	-0.46%
JBL	B	-0.46%
OGS	A	-0.45%
GL	B	-0.45%
WHR	B	-0.45%
INGR	B	-0.44%
RIG	D	-0.44%
NXST	C	-0.43%
THO	B	-0.43%
SNX	C	-0.42%
POST	C	-0.41%
ENS	D	-0.41%
LKQ	D	-0.41%
SJM	D	-0.4%
SON	D	-0.4%
AN	C	-0.4%
EMN	D	-0.4%
WU	D	-0.39%
ASH	D	-0.38%
OLN	D	-0.37%
BECN	B	-0.36%
AEO	F	-0.35%
PII	D	-0.35%
WTFC	A	-0.35%
MLI	C	-0.35%
SEIC	B	-0.34%
UBSI	B	-0.33%
CMA	A	-0.33%
HGV	B	-0.33%
PB	A	-0.33%
IDA	A	-0.33%
CRC	B	-0.32%
ACA	A	-0.32%
ABCB	B	-0.32%
HII	D	-0.32%
AIZ	A	-0.32%
VNT	B	-0.32%
AR	B	-0.32%
ORI	A	-0.31%
LPX	B	-0.31%
PNM	F	-0.31%
SLGN	A	-0.3%
KNX	B	-0.3%
CUZ	B	-0.3%
MIDD	C	-0.29%
COLM	B	-0.29%
JWN	C	-0.29%
WTRG	B	-0.29%
CRL	C	-0.28%
MSM	C	-0.28%
AGCO	D	-0.28%
FIVE	F	-0.28%
ALKS	B	-0.28%
UFPI	B	-0.28%
ASGN	F	-0.27%
REYN	D	-0.26%
TKR	D	-0.26%
WPC	D	-0.26%
TNET	D	-0.26%
SKX	D	-0.26%
MMS	F	-0.25%
IPG	D	-0.25%
DIOD	D	-0.24%
UHAL	D	-0.24%
PNFP	B	-0.18%
UMBF	B	-0.17%
EPAM	C	-0.17%
JEF	A	-0.17%
TPR	B	-0.17%
SSB	B	-0.16%
RHI	B	-0.16%
FLR	B	-0.16%
AUB	B	-0.16%
GXO	B	-0.16%
UCB	A	-0.16%
AVNT	B	-0.15%
FELE	B	-0.15%
HSIC	B	-0.15%
WTS	B	-0.15%
SKY	A	-0.15%
PRGO	B	-0.15%
NJR	A	-0.15%
WAL	B	-0.15%
ALIT	C	-0.15%
AFG	A	-0.15%
DNB	B	-0.15%
SEM	B	-0.15%
BJ	A	-0.15%
MUSA	A	-0.15%
PFGC	B	-0.15%
RYN	D	-0.14%
FUL	F	-0.14%
WD	D	-0.14%
TTC	D	-0.14%
MGM	D	-0.14%
STWD	C	-0.14%
MAT	D	-0.14%
LSTR	D	-0.14%
FAF	A	-0.14%
IVZ	B	-0.14%
CZR	F	-0.13%
IAC	D	-0.13%
LFUS	F	-0.13%
FBIN	D	-0.12%
NSP	D	-0.12%
OPCH	D	-0.1%