DFNL vs. FXO ETF Comparison

Comparison of Davis Select Financial ETF (DFNL) to First Trust Financials AlphaDEX (FXO)

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.89

Average Daily Volume

9,070

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$46.07

Average Daily Volume

77,320

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	DFNL	FXO
30 Days	0.22%	-1.61%
60 Days	4.27%	2.65%
90 Days	6.81%	5.68%
12 Months	28.81%	34.76%

15 Overlapping Holdings

Symbol	Grade	Weight in DFNL	Weight in FXO	Overlap
BAC	B	2.53%	1.0%	1.0%
BK	B	5.14%	0.99%	0.99%
BRK.A	D	7.33%	1.68%	1.68%
CB	C	5.45%	0.95%	0.95%
EG	D	1.1%	1.61%	1.1%
FITB	A	5.36%	0.69%	0.69%
JPM	A	6.47%	0.66%	0.66%
L	A	3.4%	1.36%	1.36%
MKL	A	5.59%	1.35%	1.35%
MTB	A	1.48%	1.4%	1.4%
PNC	A	4.58%	0.68%	0.68%
RKT	B	2.37%	0.6%	0.6%
STT	D	1.4%	1.33%	1.33%
USB	D	4.6%	0.64%	0.64%
WFC	B	5.97%	0.73%	0.73%

DFNL Overweight 5 Positions Relative to FXO

Symbol	Grade	Weight
COF	B	9.63%
AXP	B	4.78%
TFC	A	2.8%
NTB	A	1.78%
SCHW	A	1.39%

DFNL Underweight 86 Positions Relative to FXO

Symbol	Grade	Weight
PGR	B	-1.79%
OZK	A	-1.76%
ACGL	A	-1.76%
APO	B	-1.75%
SLM	B	-1.74%
OWL	B	-1.72%
FCNCA	A	-1.72%
CINF	D	-1.69%
KKR	C	-1.69%
JHG	B	-1.68%
AMG	C	-1.67%
UNM	A	-1.67%
WTM	A	-1.66%
RNR	D	-1.62%
NU	C	-1.59%
TROW	C	-1.59%
AGO	D	-1.57%
MTG	B	-1.57%
COLB	B	-1.37%
OMF	A	-1.37%
C	B	-1.37%
ALLY	B	-1.36%
HBAN	A	-1.35%
FHN	A	-1.34%
FNB	A	-1.34%
CMA	A	-1.33%
AIG	A	-1.33%
BRO	C	-1.31%
AMP	C	-1.29%
RYAN	B	-1.28%
BEN	F	-1.25%
WBS	F	-1.23%
KNSL	F	-1.23%
ARES	A	-1.02%
VIRT	A	-1.02%
LPLA	A	-1.0%
FHB	A	-0.99%
BOKF	A	-0.98%
AFL	A	-0.97%
EQH	A	-0.97%
HIG	D	-0.96%
WTFC	A	-0.95%
ZION	A	-0.95%
CFG	A	-0.95%
PNFP	C	-0.94%
EWBC	A	-0.94%
SEIC	C	-0.92%
WAL	B	-0.92%
RF	A	-0.91%
LNC	D	-0.89%
PRI	C	-0.85%
GS	A	-0.7%
BPOP	A	-0.69%
MORN	D	-0.68%
RGA	A	-0.68%
ORI	A	-0.68%
TPG	C	-0.68%
NTRS	C	-0.66%
FAF	F	-0.66%
PB	B	-0.66%
AXS	B	-0.66%
WTW	D	-0.66%
SNV	C	-0.63%
UWMC	B	-0.61%
GL	D	-0.45%
CFR	B	-0.34%
CBSH	A	-0.34%
RJF	A	-0.33%
MS	A	-0.33%
SF	A	-0.33%
JEF	A	-0.33%
FNF	B	-0.32%
STWD	C	-0.32%
CBOE	D	-0.32%
TW	B	-0.32%
KEY	B	-0.31%
TRV	C	-0.31%
VOYA	B	-0.31%
AIZ	D	-0.31%
AFG	D	-0.31%
CRBG	A	-0.31%
AJG	C	-0.31%
PRU	D	-0.31%
WRB	C	-0.3%
BLK	D	-0.3%
XP	D	-0.26%