FAB vs. IYG ETF Comparison

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

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

$84.26

Average Daily Volume

3,932

Number of Holdings ^*

660

* may have additional holdings in another (foreign) market

IYG

iShares U.S. Financial Services ETF

IYG Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial services 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. Financial Services Index (the "underlying index"), which measures the performance of the financial services sector of the U.S. equity market. It is a subset of the Dow Jones U.S. Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$70.74

Average Daily Volume

37,119

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	FAB	IYG
30 Days	1.21%	0.71%
60 Days	0.53%	2.96%
90 Days	7.56%	8.85%
12 Months	23.33%	38.31%

53 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in IYG	Overlap
ALLY	F	0.15%	0.17%	0.15%
AMG	C	0.24%	0.1%	0.1%
BAC	D	0.25%	4.93%	0.25%
BEN	F	0.31%	0.12%	0.12%
BLK	B	0.1%	2.34%	0.1%
BOKF	C	0.1%	0.05%	0.05%
BPOP	C	0.05%	0.14%	0.05%
BRK.A	C	0.47%	15.12%	0.47%
C	C	0.24%	2.15%	0.24%
CACC	F	0.04%	0.05%	0.04%
CFG	D	0.39%	0.34%	0.34%
CMA	C	0.1%	0.15%	0.1%
COF	B	0.37%	1.06%	0.37%
ESNT	B	0.24%	0.12%	0.12%
EWBC	C	0.14%	0.21%	0.14%
FHN	D	0.13%	0.16%	0.13%
FITB	B	0.29%	0.53%	0.29%
FNB	D	0.13%	0.1%	0.1%
GS	B	0.19%	2.86%	0.19%
HBAN	B	0.38%	0.39%	0.38%
HLI	C	0.05%	0.16%	0.05%
HOMB	D	0.1%	0.09%	0.09%
IVZ	B	0.05%	0.14%	0.05%
JEF	C	0.05%	0.19%	0.05%
KEY	C	0.2%	0.29%	0.2%
MS	B	0.17%	2.32%	0.17%
MTB	C	0.4%	0.54%	0.4%
MTG	B	0.25%	0.12%	0.12%
OMF	D	0.13%	0.11%	0.11%
OZK	F	0.18%	0.08%	0.08%
PB	D	0.1%	0.13%	0.1%
PNC	C	0.2%	1.34%	0.2%
PNFP	C	0.16%	0.14%	0.14%
RDN	D	0.24%	0.1%	0.1%
RF	B	0.29%	0.38%	0.29%
RJF	C	0.08%	0.42%	0.08%
SEIC	B	0.09%	0.12%	0.09%
SLM	C	0.09%	0.09%	0.09%
SNV	D	0.05%	0.12%	0.05%
SSB	C	0.11%	0.13%	0.11%
STT	B	0.3%	0.48%	0.3%
SYF	C	0.45%	0.37%	0.37%
TROW	C	0.32%	0.43%	0.32%
UBSI	D	0.1%	0.09%	0.09%
UMBF	C	0.11%	0.09%	0.09%
USB	C	0.29%	1.3%	0.29%
VLY	D	0.22%	0.07%	0.07%
VOYA	B	0.05%	0.14%	0.05%
WAL	B	0.17%	0.17%	0.17%
WBS	C	0.18%	0.15%	0.15%
WFC	D	0.31%	3.48%	0.31%
WTFC	C	0.14%	0.13%	0.13%
ZION	D	0.09%	0.13%	0.09%

FAB Overweight 607 Positions Relative to IYG

Symbol	Grade	Weight
DHI	C	0.59%
LEN	B	0.54%
ETR	A	0.5%
GPN	D	0.49%
FOXA	B	0.49%
EXC	B	0.48%
CINF	C	0.48%
T	B	0.47%
CF	B	0.47%
ACGL	B	0.46%
UAL	B	0.45%
GM	C	0.44%
EG	B	0.43%
CMCSA	C	0.43%
ADM	D	0.43%
EOG	D	0.42%
APTV	D	0.42%
MKL	C	0.42%
CVS	D	0.41%
UHAL	B	0.4%
MPC	F	0.4%
XEL	B	0.4%
CE	D	0.4%
COP	F	0.4%
HIG	B	0.39%
CVX	F	0.39%
STLD	C	0.39%
AEP	C	0.39%
ATO	B	0.39%
PSX	F	0.39%
EQT	C	0.39%
BG	F	0.39%
AEE	B	0.39%
EBAY	B	0.39%
NUE	D	0.39%
VTRS	D	0.38%
PCG	C	0.38%
WBD	D	0.38%
FANG	F	0.38%
CB	B	0.38%
CAG	B	0.38%
CNC	D	0.38%
ED	B	0.38%
SJM	C	0.37%
SNA	B	0.37%
CTRA	F	0.37%
VLO	F	0.37%
CTSH	B	0.37%
HPE	C	0.37%
L	D	0.36%
VZ	A	0.36%
DVN	F	0.36%
IPG	C	0.36%
KHC	C	0.36%
KMI	C	0.36%
F	F	0.36%
OXY	F	0.35%
LNG	D	0.35%
RS	D	0.34%
LYB	D	0.34%
XOM	D	0.34%
OC	C	0.34%
LKQ	F	0.33%
AIG	D	0.33%
AFL	A	0.3%
BBY	A	0.29%
EIX	B	0.29%
D	C	0.29%
GIS	B	0.29%
MHO	B	0.29%
WEC	B	0.29%
HAL	F	0.29%
TDY	B	0.28%
FE	B	0.28%
ZM	C	0.28%
DGX	B	0.28%
WPC	C	0.28%
DUK	B	0.28%
CMS	B	0.28%
SRE	B	0.27%
JBHT	D	0.27%
TMHC	B	0.27%
DE	A	0.27%
KR	B	0.27%
INCY	C	0.27%
CHTR	D	0.27%
EQR	C	0.27%
DTE	A	0.27%
GPI	B	0.27%
MTH	C	0.27%
JXN	B	0.26%
RUSHA	C	0.26%
KBH	C	0.26%
FDX	D	0.25%
LUV	C	0.25%
JBL	C	0.25%
LAD	B	0.25%
BKR	C	0.25%
TXT	D	0.25%
CRBG	C	0.24%
ZBH	F	0.24%
ASO	D	0.24%
RNR	B	0.24%
TEL	D	0.24%
HOG	C	0.24%
SWKS	F	0.23%
LBRDK	C	0.23%
FMC	B	0.23%
KRC	C	0.22%
ESGR	D	0.22%
AGO	D	0.22%
COLB	B	0.22%
CNP	C	0.22%
FYBR	C	0.22%
PYPL	B	0.22%
SIG	C	0.22%
TAP	D	0.22%
FNF	B	0.21%
SEB	D	0.21%
NOG	F	0.21%
THC	C	0.21%
BCC	C	0.21%
LBRT	F	0.21%
DAR	F	0.21%
CNXC	F	0.21%
HCA	B	0.21%
UHS	C	0.21%
BTU	C	0.21%
WTM	F	0.2%
TRV	C	0.2%
MOH	D	0.2%
R	C	0.2%
G	C	0.2%
PKG	B	0.2%
WY	C	0.2%
SM	F	0.2%
LOW	B	0.2%
AL	C	0.2%
KIM	C	0.2%
AGCO	D	0.2%
LMT	A	0.2%
TEX	F	0.2%
TPH	C	0.2%
SSNC	C	0.2%
BKH	B	0.19%
APD	B	0.19%
COOP	C	0.19%
KDP	B	0.19%
CPB	C	0.19%
GMS	C	0.19%
JNJ	C	0.19%
PEG	B	0.19%
CVI	F	0.19%
PVH	D	0.19%
MDT	B	0.19%
EVRG	B	0.19%
OGS	B	0.19%
CADE	C	0.19%
MOS	F	0.19%
BYD	C	0.19%
CHK	C	0.19%
PNW	C	0.19%
OKE	C	0.19%
OMC	B	0.19%
NEE	B	0.19%
ARE	C	0.18%
MDU	B	0.18%
EPAM	F	0.18%
HRL	F	0.18%
TGT	C	0.18%
DOV	B	0.18%
OVV	F	0.18%
HSY	D	0.18%
MUR	F	0.18%
MTDR	F	0.18%
CSCO	B	0.18%
DXC	D	0.18%
DINO	F	0.18%
POR	B	0.18%
ARW	B	0.18%
NOV	F	0.18%
WRB	D	0.18%
UNM	B	0.18%
NFG	B	0.18%
HP	F	0.18%
AN	C	0.18%
HPQ	C	0.17%
INTC	D	0.17%
DOW	C	0.17%
PRG	C	0.17%
GPC	D	0.17%
AVT	B	0.17%
MGY	D	0.17%
PTEN	F	0.17%
LNC	C	0.17%
PPG	C	0.17%
MATX	B	0.17%
BWA	C	0.17%
CCS	C	0.16%
OSK	F	0.16%
CUZ	C	0.16%
LEA	D	0.16%
ADTN	C	0.16%
MLI	B	0.16%
OGN	D	0.16%
CLF	F	0.16%
GL	D	0.16%
UPS	D	0.16%
CMC	D	0.16%
ABG	D	0.16%
NMIH	C	0.15%
NI	B	0.15%
EBC	C	0.15%
UFPI	C	0.15%
CNX	B	0.15%
BZH	B	0.15%
PHIN	C	0.15%
URBN	F	0.15%
PBF	F	0.15%
WCC	C	0.14%
NWE	A	0.14%
WMK	D	0.14%
PII	D	0.14%
UTHR	B	0.14%
EMN	B	0.14%
GHC	B	0.14%
AXS	B	0.14%
AGNC	B	0.14%
ATSG	C	0.14%
OGE	B	0.14%
ONB	D	0.14%
LZB	C	0.14%
BNL	B	0.14%
UAA	C	0.14%
APA	F	0.14%
THO	C	0.14%
INVA	C	0.14%
BC	C	0.14%
BERY	B	0.14%
HE	F	0.14%
NXST	D	0.13%
GDEN	D	0.13%
STBA	D	0.13%
IMKTA	D	0.13%
SPB	B	0.13%
JAZZ	D	0.13%
CZR	C	0.13%
TGNA	C	0.13%
TKR	C	0.13%
NRG	B	0.13%
SANM	D	0.13%
UVV	D	0.13%
ENVA	C	0.13%
SR	B	0.13%
HPP	F	0.13%
LGIH	D	0.13%
AVA	B	0.13%
NWN	B	0.13%
KNX	C	0.13%
GEF	C	0.13%
EIG	C	0.13%
SON	D	0.13%
CHRD	F	0.13%
PAG	D	0.13%
HII	F	0.13%
CALM	B	0.12%
ASH	F	0.12%
HTZ	F	0.12%
JBT	C	0.12%
AAT	C	0.12%
CXW	F	0.12%
CABO	F	0.12%
INDB	D	0.12%
OLPX	D	0.12%
OLN	D	0.12%
WU	C	0.12%
KOP	F	0.12%
SBH	B	0.12%
FCF	D	0.12%
ALK	B	0.12%
RC	F	0.12%
CNO	C	0.12%
HIW	C	0.12%
RLJ	D	0.12%
NX	F	0.12%
BKU	D	0.12%
CUBI	F	0.12%
RYI	F	0.12%
EFSC	D	0.12%
AEO	D	0.12%
VAL	F	0.12%
PFBC	D	0.11%
NAVI	D	0.11%
IBOC	D	0.11%
GAP	F	0.11%
REVG	D	0.11%
ABCB	C	0.11%
SCHL	D	0.11%
ADNT	D	0.11%
ATKR	F	0.11%
FRME	D	0.11%
CATY	C	0.11%
FFBC	D	0.11%
CBRE	B	0.11%
RRC	D	0.11%
SNDR	B	0.11%
OCFC	B	0.11%
DNOW	F	0.11%
K	A	0.11%
GES	F	0.11%
BBWI	D	0.1%
ORI	B	0.1%
CENTA	F	0.1%
MKC	C	0.1%
ANDE	D	0.1%
USM	C	0.1%
IAC	C	0.1%
TRGP	C	0.1%
AIZ	B	0.1%
SASR	C	0.1%
KSS	D	0.1%
LNT	A	0.1%
MIDD	C	0.1%
ABM	D	0.1%
FBNC	C	0.1%
REZI	D	0.1%
POOL	C	0.1%
VTR	C	0.1%
M	F	0.1%
PRDO	D	0.1%
WERN	C	0.1%
VSH	F	0.1%
ABR	B	0.1%
SLGN	B	0.1%
ARCH	D	0.1%
ALGT	D	0.1%
FAF	B	0.1%
DNB	D	0.1%
SAH	D	0.1%
KVUE	B	0.1%
PEBO	D	0.1%
VSCO	C	0.1%
HUBG	C	0.1%
DDS	D	0.1%
IPGP	D	0.1%
LPX	B	0.1%
CRI	D	0.1%
WGO	D	0.1%
OFG	C	0.09%
SNX	C	0.09%
AMN	F	0.09%
MSGE	B	0.09%
GD	C	0.09%
CASH	D	0.09%
COLM	C	0.09%
HOPE	D	0.09%
BANR	C	0.09%
EPC	F	0.09%
SWX	C	0.09%
ADV	D	0.09%
J	A	0.09%
LGND	D	0.09%
NKE	D	0.09%
PDCO	F	0.09%
TSN	D	0.09%
ASGN	D	0.09%
SFNC	C	0.09%
VBTX	C	0.09%
CI	C	0.09%
UGI	B	0.09%
CTVA	B	0.09%
SSTK	F	0.09%
PFG	B	0.09%
DTM	C	0.09%
REGN	D	0.09%
PRGO	F	0.09%
ABT	C	0.09%
TOWN	D	0.09%
RYN	C	0.09%
HWC	D	0.09%
TALO	F	0.09%
IDA	B	0.09%
CMI	B	0.09%
JCI	B	0.09%
GT	F	0.09%
NJR	C	0.09%
MATW	F	0.09%
REYN	C	0.09%
PARR	F	0.09%
AYI	B	0.09%
CRK	C	0.09%
MDLZ	C	0.09%
WMT	B	0.09%
AWK	C	0.09%
MAA	C	0.09%
CRC	C	0.09%
PATK	C	0.09%
SAIC	C	0.09%
LILAK	D	0.09%
ARCB	D	0.08%
HGV	F	0.08%
OMCL	C	0.08%
NBHC	D	0.08%
UNF	B	0.08%
SJW	F	0.08%
FHI	B	0.08%
APOG	B	0.08%
KMT	B	0.08%
CROX	C	0.08%
MCRI	B	0.08%
WSBC	D	0.08%
RNST	D	0.08%
WSFS	D	0.08%
BECN	F	0.08%
FIBK	C	0.08%
ELV	D	0.08%
PNM	B	0.08%
FHB	D	0.08%
ENS	C	0.08%
EXPD	B	0.08%
WLK	C	0.08%
DAN	D	0.08%
TSCO	B	0.08%
KMB	C	0.08%
DKS	D	0.08%
JELD	D	0.08%
BXC	D	0.08%
OMI	D	0.08%
AX	D	0.08%
WHR	C	0.08%
LHX	C	0.08%
NWBI	D	0.08%
CENX	C	0.08%
SLVM	C	0.08%
CTOS	F	0.08%
DD	B	0.08%
OI	D	0.08%
SYY	C	0.08%
PRU	C	0.08%
BKE	B	0.08%
WTRG	D	0.08%
VRTS	F	0.07%
AMKR	F	0.07%
PLUS	B	0.07%
MRTN	D	0.07%
ZD	D	0.07%
CMCO	D	0.07%
MODG	F	0.07%
HUM	F	0.07%
CBRL	D	0.07%
CAR	D	0.07%
CHGG	F	0.07%
RIG	F	0.07%
ECVT	F	0.07%
BIIB	F	0.07%
HTLD	F	0.07%
QCOM	D	0.07%
NMRK	B	0.07%
ODP	F	0.07%
MLKN	F	0.07%
ICUI	C	0.07%
KN	D	0.07%
SKX	C	0.07%
EQC	D	0.07%
KOS	F	0.07%
CPK	B	0.06%
VCTR	B	0.06%
NHC	D	0.06%
DFIN	D	0.06%
ALEX	C	0.06%
BDC	B	0.06%
CSGS	C	0.06%
CNXN	B	0.06%
PRIM	B	0.06%
UCBI	B	0.06%
SBCF	D	0.06%
LCII	C	0.06%
AUB	D	0.06%
NIC	D	0.06%
TCBI	C	0.06%
GTY	C	0.06%
SKY	B	0.06%
VAC	D	0.06%
DIOD	F	0.06%
WAFD	D	0.06%
GEO	F	0.06%
ROIC	C	0.06%
DORM	C	0.06%
VNO	B	0.06%
HELE	D	0.06%
DEI	B	0.06%
FUL	D	0.05%
SUM	D	0.05%
AFG	C	0.05%
SHEN	F	0.05%
NEOG	D	0.05%
AVNT	B	0.05%
HSIC	C	0.05%
CACI	B	0.05%
HLF	F	0.05%
IP	C	0.05%
TRS	C	0.05%
BXMT	C	0.05%
NVST	D	0.05%
TFX	B	0.05%
PCH	C	0.05%
USFD	C	0.05%
PCRX	F	0.05%
LNN	C	0.05%
MAT	D	0.05%
GOGO	F	0.05%
XHR	B	0.05%
EAT	C	0.05%
PBH	C	0.05%
CVBF	D	0.05%
HTH	D	0.05%
PTVE	D	0.05%
SAFT	D	0.05%
CCK	B	0.05%
JLL	B	0.05%
DEA	D	0.05%
KLG	D	0.05%
TRMK	D	0.05%
DG	F	0.05%
FULT	D	0.05%
SNEX	C	0.05%
CWT	D	0.05%
PSMT	B	0.05%
MCY	C	0.05%
BUSE	D	0.05%
SRCE	D	0.05%
TCBK	D	0.05%
OEC	F	0.05%
BJ	D	0.04%
KALU	D	0.04%
LANC	F	0.04%
CRUS	D	0.04%
SIGI	D	0.04%
STRA	F	0.04%
LSTR	D	0.04%
PARA	D	0.04%
SEM	D	0.04%
KWR	D	0.04%
MTX	D	0.04%
BHF	F	0.04%
SEE	C	0.04%
LFUS	C	0.04%
RHI	D	0.04%
BLMN	F	0.04%
FOXF	F	0.04%
GXO	D	0.04%
MMS	B	0.04%
KEX	C	0.04%
RGA	C	0.04%
EHC	B	0.04%
CMTG	F	0.03%
OII	D	0.03%
PGRE	D	0.03%
ATUS	C	0.03%
KFY	C	0.03%
LXP	C	0.03%
PPBI	D	0.03%
SHOO	B	0.03%
GNW	C	0.03%
WD	B	0.03%
NNI	C	0.03%
THS	C	0.03%
ADUS	C	0.03%
FBP	C	0.03%
CWEN	A	0.03%
AAP	F	0.03%
HNI	C	0.03%
MWA	B	0.03%
NBTB	D	0.03%
JBGS	C	0.03%
STC	C	0.03%
BHLB	C	0.03%
BMBL	F	0.03%
FBK	C	0.03%
CBU	D	0.03%
PLXS	B	0.03%
CVCO	B	0.03%
BOOT	B	0.03%
LTH	C	0.03%
FDP	C	0.03%
PFS	C	0.03%
AR	C	0.03%
HI	F	0.02%
GO	F	0.02%
DK	F	0.02%
OXM	F	0.02%
ROG	D	0.02%
SCL	D	0.02%
XRX	D	0.02%
CTS	D	0.02%
WOR	F	0.02%
ENOV	F	0.02%
CAKE	B	0.02%
NVEE	F	0.02%
KFRC	F	0.02%
VSAT	F	0.02%
THRM	F	0.02%
APAM	C	0.02%
AIN	F	0.02%
ASB	D	0.02%
HMN	C	0.02%
IART	F	0.01%

FAB Underweight 49 Positions Relative to IYG

Symbol	Grade	Weight
JPM	D	-10.89%
V	C	-8.62%
MA	B	-7.37%
SPGI	C	-3.04%
AXP	B	-2.74%
BX	C	-2.06%
SCHW	D	-1.77%
ICE	C	-1.67%
KKR	B	-1.63%
MCO	C	-1.4%
CME	B	-1.39%
TFC	D	-1.03%
APO	B	-1.01%
BK	B	-0.97%
AMP	B	-0.82%
MSCI	C	-0.78%
DFS	C	-0.65%
COIN	F	-0.63%
NDAQ	C	-0.56%
ARES	B	-0.53%
FCNCA	D	-0.43%
CBOE	C	-0.4%
NTRS	C	-0.34%
FDS	C	-0.32%
LPLA	D	-0.29%
HOOD	C	-0.29%
IBKR	B	-0.26%
TW	B	-0.25%
EQH	C	-0.24%
OWL	B	-0.18%
EVR	B	-0.17%
CG	C	-0.17%
SF	B	-0.17%
MKTX	D	-0.17%
MORN	C	-0.16%
SOFI	D	-0.15%
CFR	C	-0.13%
CBSH	D	-0.13%
HLNE	B	-0.12%
LAZ	B	-0.11%
GBCI	C	-0.1%
FFIN	C	-0.09%
JHG	B	-0.09%
TPG	C	-0.09%
FCFS	D	-0.08%
RKT	C	-0.05%
VIRT	C	-0.05%
UWMC	D	-0.02%
TFSL	D	-0.01%