FAB vs. IYF ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to iShares U.S. Financial ETF (IYF)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB 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 Multi 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 Composite 1500(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

$88.95

Average Daily Volume

2,527

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.63

Average Daily Volume

280,732

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

Performance

Period	FAB	IYF
30 Days	6.40%	8.65%
60 Days	5.80%	13.36%
90 Days	6.32%	15.27%
12 Months	27.56%	50.66%

64 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in IYF	Overlap
AFG	A	0.05%	0.17%	0.05%
AFL	B	0.25%	1.04%	0.25%
AGO	B	0.25%	0.08%	0.08%
AIG	B	0.45%	0.82%	0.45%
AIZ	A	0.09%	0.19%	0.09%
ALLY	C	0.36%	0.17%	0.17%
AMG	B	0.23%	0.1%	0.1%
AXS	A	0.14%	0.12%	0.12%
BAC	A	0.3%	4.69%	0.3%
BEN	C	0.18%	0.11%	0.11%
BHF	B	0.03%	0.06%	0.03%
BOKF	B	0.09%	0.04%	0.04%
BPOP	B	0.04%	0.12%	0.04%
C	A	0.38%	2.2%	0.38%
CB	C	0.35%	1.95%	0.35%
CFG	B	0.4%	0.35%	0.35%
CINF	A	0.48%	0.39%	0.39%
CMA	A	0.1%	0.14%	0.1%
COLB	A	0.15%	0.11%	0.11%
EG	C	0.41%	0.27%	0.27%
FAF	A	0.04%	0.11%	0.04%
FHB	A	0.06%	0.06%	0.06%
FHN	A	0.17%	0.19%	0.17%
FITB	A	0.28%	0.54%	0.28%
FNB	A	0.15%	0.1%	0.1%
FNF	B	0.17%	0.25%	0.17%
GL	B	0.13%	0.17%	0.13%
HBAN	A	0.42%	0.43%	0.42%
HIG	B	0.35%	0.58%	0.35%
IVZ	B	0.04%	0.11%	0.04%
JEF	A	0.05%	0.22%	0.05%
KEY	B	0.2%	0.3%	0.2%
L	A	0.37%	0.26%	0.26%
LNC	B	0.19%	0.07%	0.07%
MS	A	0.32%	2.6%	0.32%
MTB	A	0.31%	0.6%	0.31%
MTG	C	0.21%	0.11%	0.11%
OMF	A	0.15%	0.11%	0.11%
ORI	A	0.09%	0.16%	0.09%
OZK	B	0.19%	0.09%	0.09%
PB	A	0.1%	0.12%	0.1%
PFG	D	0.09%	0.33%	0.09%
PNC	B	0.2%	1.38%	0.2%
PNFP	B	0.05%	0.16%	0.05%
PRU	A	0.18%	0.77%	0.18%
RF	A	0.29%	0.41%	0.29%
RGA	A	0.18%	0.26%	0.18%
RJF	A	0.23%	0.51%	0.23%
RNR	C	0.2%	0.22%	0.2%
SEIC	B	0.1%	0.13%	0.1%
SLM	A	0.09%	0.09%	0.09%
STT	A	0.27%	0.48%	0.27%
STWD	C	0.04%	0.1%	0.04%
TROW	B	0.48%	0.44%	0.44%
TRV	B	0.28%	1.0%	0.28%
UNM	A	0.21%	0.21%	0.21%
USB	A	0.28%	1.3%	0.28%
VOYA	B	0.04%	0.14%	0.04%
WAL	B	0.05%	0.16%	0.05%
WBS	A	0.17%	0.18%	0.17%
WFC	A	0.45%	4.36%	0.45%
WRB	A	0.09%	0.3%	0.09%
WTFC	A	0.1%	0.15%	0.1%
ZION	B	0.16%	0.14%	0.14%

FAB Overweight 601 Positions Relative to IYF

Symbol	Grade	Weight
UAL	A	0.7%
SYF	B	0.57%
DAL	C	0.56%
GM	B	0.56%
PCAR	B	0.51%
FOXA	B	0.49%
STLD	B	0.48%
CVX	A	0.48%
EOG	A	0.48%
RS	B	0.47%
COP	C	0.47%
HPE	B	0.46%
F	C	0.46%
CTRA	B	0.46%
XOM	B	0.45%
HAL	C	0.45%
VLO	C	0.45%
CMCSA	B	0.45%
DVN	F	0.44%
T	A	0.44%
NUE	C	0.43%
COF	B	0.43%
OXY	D	0.43%
PSX	C	0.43%
TOL	B	0.43%
KMI	A	0.42%
MPC	D	0.42%
EQT	B	0.41%
LNG	B	0.41%
LEN	D	0.4%
BG	F	0.4%
OC	A	0.39%
ETR	B	0.39%
PHM	D	0.39%
LYB	F	0.38%
SRE	A	0.38%
VTRS	A	0.38%
CVS	D	0.38%
ADM	D	0.38%
CTSH	B	0.37%
CRBG	B	0.37%
XEL	A	0.37%
FANG	D	0.37%
INTC	D	0.37%
FDX	B	0.37%
CNP	B	0.36%
AEE	A	0.36%
KR	B	0.36%
SLB	C	0.36%
ATO	A	0.36%
CF	B	0.35%
ZBH	C	0.35%
APTV	D	0.33%
EXC	C	0.33%
SNA	A	0.32%
VZ	C	0.32%
DG	F	0.32%
ED	D	0.32%
ON	D	0.32%
CHTR	C	0.31%
SWKS	F	0.3%
IP	B	0.3%
DHI	D	0.3%
BKR	B	0.3%
TDY	B	0.28%
LUV	C	0.28%
NI	A	0.27%
CNC	D	0.27%
PPL	B	0.26%
MTDR	B	0.26%
DGX	A	0.26%
TXT	D	0.25%
D	C	0.25%
NOG	A	0.25%
LNT	A	0.25%
EQR	B	0.25%
ULTA	F	0.25%
TGT	F	0.25%
OVV	B	0.25%
CNX	A	0.25%
DTE	C	0.24%
JXN	C	0.24%
CE	F	0.24%
BLDR	D	0.24%
SM	B	0.24%
OSK	B	0.24%
HP	B	0.24%
DE	A	0.24%
EBAY	D	0.24%
HRL	D	0.24%
DUK	C	0.24%
SYY	B	0.24%
BBY	D	0.23%
STX	D	0.23%
KHC	F	0.23%
ATKR	C	0.23%
PTEN	C	0.23%
CMC	B	0.23%
AL	B	0.23%
AEP	D	0.23%
TAP	C	0.23%
AMR	C	0.22%
TMHC	B	0.22%
CHRD	D	0.22%
PBF	D	0.22%
BIIB	F	0.22%
NFE	D	0.22%
URBN	C	0.22%
NOV	C	0.22%
CIVI	D	0.22%
PVH	C	0.22%
AKAM	D	0.22%
HCC	B	0.22%
DINO	D	0.21%
CADE	B	0.21%
OKE	A	0.21%
ZM	B	0.21%
DOW	F	0.21%
CXW	B	0.21%
MUR	D	0.21%
RDN	C	0.21%
TEX	D	0.21%
LBRT	D	0.2%
R	B	0.2%
DIS	B	0.2%
G	B	0.2%
RIOT	C	0.2%
MATX	C	0.2%
APA	D	0.2%
RUSHA	C	0.2%
LBRDK	C	0.2%
UGI	A	0.2%
TPH	D	0.2%
LAD	A	0.2%
BWA	D	0.2%
KIM	A	0.19%
ESNT	D	0.19%
JBHT	C	0.19%
TSN	B	0.19%
RRC	B	0.19%
LEA	D	0.19%
CSCO	B	0.19%
MTH	D	0.19%
DAR	C	0.19%
NWSA	B	0.19%
PKG	A	0.19%
CNO	A	0.19%
MGY	A	0.19%
JAZZ	B	0.19%
DDS	B	0.19%
MHO	D	0.19%
KRC	C	0.18%
OTTR	C	0.18%
GBDC	C	0.18%
HRI	B	0.18%
BKH	A	0.18%
PNW	B	0.18%
HPQ	A	0.18%
ADTN	A	0.18%
DRI	B	0.18%
DXC	B	0.18%
CSX	B	0.18%
COOP	B	0.18%
FMC	D	0.18%
ASO	F	0.18%
AAP	C	0.18%
HOG	D	0.18%
GPI	A	0.18%
POR	C	0.17%
CMS	C	0.17%
NVR	D	0.17%
CNXC	F	0.17%
SOLV	C	0.17%
AVT	C	0.17%
SR	A	0.17%
BBWI	D	0.17%
MOS	F	0.17%
HST	C	0.17%
M	D	0.17%
BCC	B	0.17%
NFG	A	0.17%
EVRG	A	0.17%
WEC	A	0.17%
SSNC	B	0.17%
MOH	F	0.16%
KDP	D	0.16%
HUM	C	0.16%
MDU	D	0.16%
KBH	D	0.16%
ARE	D	0.16%
WCC	B	0.16%
BMBL	D	0.16%
SUM	B	0.16%
FE	C	0.16%
GBX	A	0.16%
DOC	D	0.16%
CARR	D	0.16%
PPG	F	0.16%
HSY	F	0.16%
SIG	B	0.16%
JNJ	D	0.16%
EIX	B	0.16%
BYD	C	0.15%
AMKR	D	0.15%
SANM	B	0.15%
CTOS	C	0.15%
ECVT	C	0.15%
WLK	D	0.15%
CUBI	B	0.15%
BFH	B	0.15%
JBT	B	0.15%
ARW	D	0.15%
ALK	C	0.15%
UHS	D	0.15%
GIS	D	0.15%
CLF	F	0.15%
HTZ	C	0.15%
GPC	D	0.15%
RIG	D	0.14%
BERY	B	0.14%
ELV	F	0.14%
KMT	B	0.14%
EIG	B	0.14%
WHR	B	0.14%
JBL	B	0.14%
TALO	C	0.14%
DNOW	B	0.14%
INGR	B	0.14%
ULH	B	0.14%
PINC	B	0.14%
ABG	B	0.14%
GMS	B	0.14%
TGNA	B	0.14%
VTLE	C	0.14%
VLY	B	0.14%
CABO	C	0.14%
REZI	A	0.13%
LKQ	D	0.13%
GIII	D	0.13%
VAC	B	0.13%
WS	B	0.13%
BTU	B	0.13%
KOS	F	0.13%
CRGY	B	0.13%
SPNT	A	0.13%
IART	C	0.13%
THO	B	0.13%
OGS	A	0.13%
PAG	B	0.13%
PK	B	0.13%
NXST	C	0.13%
APLE	B	0.13%
RLJ	B	0.13%
TDS	B	0.13%
GT	C	0.13%
GPOR	B	0.13%
OGE	B	0.13%
HELE	C	0.13%
SWX	B	0.13%
GEF	A	0.13%
RES	D	0.12%
ASH	D	0.12%
EMN	D	0.12%
BY	B	0.12%
ZD	B	0.12%
PEBO	A	0.12%
PRDO	B	0.12%
SJM	D	0.12%
SON	D	0.12%
AVA	A	0.12%
TRMK	B	0.12%
EPC	D	0.12%
VC	D	0.12%
POST	C	0.12%
AN	C	0.12%
INDB	B	0.12%
IMKTA	C	0.12%
SHO	C	0.12%
ENS	D	0.12%
PARR	D	0.12%
PLAB	C	0.12%
INVA	D	0.12%
SNX	C	0.12%
BC	C	0.12%
UVV	B	0.12%
AEO	F	0.11%
VSH	D	0.11%
MRC	B	0.11%
CCS	D	0.11%
WMK	C	0.11%
SEB	F	0.11%
KSS	F	0.11%
SAH	A	0.11%
DBRG	F	0.11%
WKC	D	0.11%
USM	B	0.11%
PHIN	A	0.11%
EBC	B	0.11%
OLN	D	0.11%
GHC	C	0.11%
FOR	F	0.11%
CAL	D	0.11%
WU	D	0.11%
FFBC	A	0.11%
NWE	A	0.1%
HII	D	0.1%
CMI	A	0.1%
ODFL	B	0.1%
CRC	A	0.1%
ABCB	B	0.1%
ABR	C	0.1%
OEC	C	0.1%
MLKN	D	0.1%
NAVI	C	0.1%
IDA	A	0.1%
PRG	C	0.1%
UBSI	B	0.1%
EQC	B	0.1%
NWN	A	0.1%
VNT	B	0.1%
LZB	B	0.1%
BV	B	0.1%
CENTA	C	0.1%
HWC	B	0.1%
LADR	B	0.1%
BECN	B	0.1%
SBH	C	0.1%
GEO	B	0.1%
CVI	F	0.1%
HGV	B	0.1%
SCSC	B	0.1%
VSCO	B	0.1%
HOV	D	0.1%
DRH	B	0.1%
CMCO	B	0.1%
OGN	D	0.1%
PII	D	0.1%
AMWD	C	0.1%
GES	F	0.1%
MLI	C	0.1%
HD	A	0.09%
FRME	B	0.09%
WTRG	B	0.09%
TNET	D	0.09%
MSM	C	0.09%
FIVE	F	0.09%
CRL	C	0.09%
PFBC	B	0.09%
OMC	C	0.09%
CLX	B	0.09%
SBUX	A	0.09%
UFPI	B	0.09%
ACN	C	0.09%
ALKS	B	0.09%
KFY	B	0.09%
COLM	B	0.09%
WSBC	B	0.09%
CATY	B	0.09%
CRK	B	0.09%
JWN	C	0.09%
SLGN	A	0.09%
SASR	B	0.09%
CASH	A	0.09%
LHX	C	0.09%
BNL	D	0.09%
PDCO	D	0.09%
KNX	B	0.09%
PLYA	B	0.09%
ADNT	F	0.09%
CUZ	B	0.09%
LPX	B	0.09%
PNM	F	0.09%
BANR	B	0.09%
APD	A	0.09%
LH	C	0.09%
IEX	B	0.09%
J	F	0.09%
AR	B	0.09%
CVBF	A	0.09%
ANDE	D	0.09%
PYPL	B	0.09%
ACA	A	0.09%
VSTS	C	0.09%
HIW	D	0.09%
BUSE	B	0.08%
ARCB	C	0.08%
MDLZ	F	0.08%
WPC	D	0.08%
MODG	F	0.08%
WERN	C	0.08%
WGO	C	0.08%
TKR	D	0.08%
AWK	D	0.08%
REYN	D	0.08%
MCRI	A	0.08%
CPB	D	0.08%
WY	D	0.08%
PTVE	B	0.08%
LMT	D	0.08%
EXPD	D	0.08%
SNDR	B	0.08%
ALG	B	0.08%
DAN	D	0.08%
HOPE	B	0.08%
SKX	D	0.08%
DD	D	0.08%
FIBK	A	0.08%
CI	F	0.08%
IPG	D	0.08%
FCF	A	0.08%
SRCE	B	0.08%
MAS	D	0.08%
HUBG	A	0.08%
NX	C	0.08%
XRX	F	0.08%
LAUR	A	0.08%
HOLX	D	0.08%
BKE	B	0.08%
MDT	D	0.08%
AGCO	D	0.08%
FTV	C	0.08%
BKU	A	0.08%
TCBK	B	0.08%
VBTX	B	0.08%
KALU	C	0.08%
KEYS	A	0.08%
GD	F	0.08%
WSFS	A	0.08%
PEP	F	0.08%
HY	D	0.08%
RNST	B	0.08%
UPS	C	0.08%
CTVA	C	0.08%
NDSN	B	0.08%
SFNC	B	0.08%
MIDD	C	0.08%
MAA	B	0.08%
EFSC	B	0.08%
VRTS	B	0.08%
FULT	A	0.08%
ASGN	F	0.08%
LOW	D	0.08%
TTMI	B	0.07%
LC	A	0.07%
LILAK	D	0.07%
SJW	D	0.07%
PEB	D	0.07%
MRTN	C	0.07%
CAG	D	0.07%
SPB	C	0.07%
UNF	B	0.07%
NKE	D	0.07%
KLG	C	0.07%
IPGP	D	0.07%
DIOD	D	0.07%
XHR	B	0.07%
UHAL	D	0.07%
MMS	F	0.07%
SBCF	A	0.06%
GOGO	C	0.06%
FBNC	A	0.06%
CSGS	B	0.06%
AMN	F	0.06%
FHI	A	0.06%
PBH	A	0.06%
OMI	F	0.06%
KAR	B	0.06%
DFH	D	0.06%
NIC	B	0.06%
SNEX	B	0.06%
HMN	B	0.06%
CRI	D	0.06%
CAR	C	0.06%
GRBK	D	0.06%
ASB	B	0.06%
SCVL	F	0.06%
VSAT	F	0.06%
SSTK	F	0.06%
LGIH	D	0.06%
BJ	A	0.05%
ROG	D	0.05%
PATK	D	0.05%
FLR	B	0.05%
ALIT	C	0.05%
DFIN	D	0.05%
SEM	B	0.05%
DEA	D	0.05%
DNB	B	0.05%
MUSA	A	0.05%
SHEN	F	0.05%
THRM	D	0.05%
YETI	C	0.05%
LCII	C	0.05%
PFGC	B	0.05%
SSB	B	0.05%
PSMT	C	0.05%
UCB	A	0.05%
RHI	B	0.05%
SYNA	C	0.05%
AUB	B	0.05%
OFG	B	0.05%
SCL	C	0.05%
CXT	B	0.05%
ARI	C	0.05%
ALEX	C	0.05%
GXO	B	0.05%
LNN	B	0.05%
KWR	C	0.05%
HTH	B	0.05%
STBA	B	0.05%
UMBF	B	0.05%
DK	C	0.05%
ROCK	C	0.05%
GO	C	0.05%
ABM	B	0.05%
ENOV	C	0.05%
MTX	B	0.05%
WAFD	B	0.05%
TOWN	B	0.05%
EPAM	C	0.05%
TPR	B	0.05%
HLF	C	0.05%
IOSP	B	0.05%
BHE	B	0.05%
NWBI	B	0.05%
UPWK	B	0.04%
MYRG	B	0.04%
FBIN	D	0.04%
NSP	D	0.04%
IAC	D	0.04%
FOXF	F	0.04%
HSIC	B	0.04%
AVNS	F	0.04%
RYN	D	0.04%
CZR	F	0.04%
LFUS	F	0.04%
TTC	D	0.04%
WD	D	0.04%
FUL	F	0.04%
MGM	D	0.04%
SEE	C	0.04%
ODP	F	0.04%
LSTR	D	0.04%
MAT	D	0.04%
NJR	A	0.04%
AVNT	B	0.04%
FELE	B	0.04%
SKY	A	0.04%
WTS	B	0.04%
PRGO	B	0.04%
AIR	B	0.03%
HAYW	B	0.03%
SAFT	C	0.03%
MTRN	C	0.03%
XPEL	C	0.03%
DEI	B	0.03%
HLIO	B	0.03%
GNW	A	0.03%
IVT	B	0.03%
CVCO	A	0.03%
PPBI	B	0.03%
ROIC	A	0.03%
SAM	C	0.03%
NBTB	B	0.03%
FDP	B	0.03%
BHLB	B	0.03%
PFS	B	0.03%
CBU	B	0.03%
FBK	B	0.03%
MCW	B	0.03%
MGPI	F	0.03%
TCBI	B	0.03%
OPCH	D	0.03%
OLPX	D	0.02%
BLMN	F	0.02%
PLUS	F	0.02%
GIC	D	0.02%
GPRE	F	0.02%
JBGS	D	0.02%
OXM	D	0.02%
CWEN	C	0.02%
SHOO	D	0.02%
AIN	C	0.02%
MSGE	F	0.02%
LXP	D	0.02%
RC	D	0.02%
CMTG	F	0.02%
SHLS	F	0.02%
CNXN	C	0.02%
CC	C	0.02%
NVEE	F	0.02%
KFRC	D	0.02%
NNI	D	0.02%
STC	B	0.02%
NMRK	B	0.02%
CNMD	C	0.02%
OI	C	0.02%
MSEX	B	0.02%
UPBD	B	0.02%
EVTC	B	0.02%
PGRE	F	0.02%

FAB Underweight 71 Positions Relative to IYF

Symbol	Grade	Weight
BRK.A	B	-11.69%
JPM	A	-9.82%
GS	A	-3.13%
SPGI	C	-2.63%
BLK	C	-2.59%
PGR	A	-2.5%
BX	A	-2.14%
SCHW	B	-2.01%
MMC	B	-1.83%
KKR	A	-1.69%
ICE	C	-1.48%
APO	B	-1.43%
CME	A	-1.35%
MCO	B	-1.25%
AON	A	-1.24%
AJG	B	-1.07%
TFC	A	-1.04%
COIN	C	-1.01%
BK	A	-0.97%
AMP	A	-0.94%
ALL	A	-0.86%
MET	A	-0.82%
MSCI	C	-0.76%
DFS	B	-0.74%
ACGL	D	-0.61%
NDAQ	A	-0.54%
WTW	B	-0.53%
ARES	A	-0.51%
FCNCA	A	-0.45%
BR	A	-0.45%
BRO	B	-0.44%
LPLA	A	-0.39%
MKL	A	-0.37%
NTRS	A	-0.36%
HOOD	B	-0.36%
CBOE	B	-0.35%
IBKR	A	-0.32%
FDS	B	-0.31%
TW	A	-0.25%
SOFI	A	-0.24%
EWBC	A	-0.24%
SF	B	-0.2%
EQH	B	-0.2%
CG	A	-0.19%
OWL	A	-0.19%
PRI	A	-0.18%
EVR	B	-0.18%
NLY	C	-0.17%
KNSL	B	-0.17%
HLI	B	-0.16%
MKTX	D	-0.16%
MORN	B	-0.15%
CFR	B	-0.14%
SNV	B	-0.14%
CBSH	A	-0.14%
RYAN	B	-0.13%
AGNC	D	-0.12%
RLI	B	-0.12%
TPG	A	-0.1%
RITM	C	-0.1%
THG	A	-0.1%
JHG	A	-0.1%
LAZ	B	-0.1%
WTM	A	-0.09%
KMPR	B	-0.08%
CACC	D	-0.05%
VIRT	B	-0.05%
RKT	F	-0.03%
CNA	B	-0.02%
UWMC	D	-0.01%
TFSL	A	-0.01%