FESM vs. FYC ETF Comparison

Comparison of Fidelity Enhanced Small Cap ETF (FESM) to First Trust Small Cap Growth AlphaDEX Fund (FYC)

FESM

Fidelity Enhanced Small Cap ETF

FESM Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.53

Average Daily Volume

115,536

Number of Holdings ^*

562

* may have additional holdings in another (foreign) market

FYC

First Trust Small Cap Growth AlphaDEX Fund

FYC 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 Small Cap Growth 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 SmallCap 600(R) Growth 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

$81.92

Average Daily Volume

27,658

Number of Holdings ^*

240

* may have additional holdings in another (foreign) market

Performance

Period	FESM	FYC
30 Days	7.24%	9.33%
60 Days	7.14%	10.26%
90 Days	8.11%	13.43%
12 Months	39.04%	44.42%

107 Overlapping Holdings

Symbol	Grade	Weight in FESM	Weight in FYC	Overlap
AAT	B	0.36%	0.36%	0.36%
ACAD	C	0.11%	0.13%	0.11%
ACLX	C	0.03%	0.68%	0.03%
ADMA	B	0.11%	0.6%	0.11%
ADUS	D	0.1%	0.32%	0.1%
AGIO	C	0.14%	0.59%	0.14%
ALHC	C	0.02%	0.65%	0.02%
ALX	D	0.04%	0.21%	0.04%
AMPH	F	0.1%	0.33%	0.1%
AMRX	C	0.12%	0.64%	0.12%
ANIP	F	0.08%	0.24%	0.08%
AORT	B	0.22%	0.48%	0.22%
APOG	C	0.38%	0.42%	0.38%
APPN	B	0.06%	0.13%	0.06%
ARLO	C	0.17%	0.11%	0.11%
AROC	A	0.39%	0.27%	0.27%
ARQT	B	0.09%	0.25%	0.09%
AWR	B	0.3%	0.12%	0.12%
BANF	B	0.43%	0.41%	0.41%
BCRX	D	0.1%	0.47%	0.1%
BEAM	D	0.03%	0.13%	0.03%
BGC	C	0.66%	0.4%	0.4%
BKD	F	0.06%	0.28%	0.06%
BL	B	0.2%	0.13%	0.13%
BLBD	D	0.04%	0.38%	0.04%
BRC	D	0.12%	0.34%	0.12%
CALM	A	0.22%	0.58%	0.22%
CDE	C	0.07%	0.54%	0.07%
CDP	C	0.25%	0.24%	0.24%
CEIX	A	0.25%	0.28%	0.25%
CLDX	F	0.06%	0.09%	0.06%
CMPR	D	0.39%	0.23%	0.23%
CNK	C	0.14%	0.68%	0.14%
COLL	F	0.07%	0.37%	0.07%
CPRX	C	0.14%	0.52%	0.14%
CRAI	C	0.22%	0.51%	0.22%
CWT	C	0.2%	0.32%	0.2%
DNLI	D	0.07%	0.23%	0.07%
EAT	A	0.11%	0.91%	0.11%
EPAC	C	0.23%	0.27%	0.23%
ESRT	C	0.34%	0.33%	0.33%
FBP	C	0.28%	0.47%	0.28%
FLNC	D	0.17%	0.32%	0.17%
FOLD	F	0.14%	0.11%	0.11%
FTDR	B	0.08%	0.69%	0.08%
GERN	D	0.04%	0.39%	0.04%
GFF	A	0.3%	0.39%	0.3%
HLIT	D	0.09%	0.3%	0.09%
HLX	B	0.23%	0.22%	0.22%
HNI	B	0.2%	0.61%	0.2%
HUMA	F	0.03%	0.21%	0.03%
HURN	C	0.21%	0.39%	0.21%
HWKN	B	0.53%	0.58%	0.53%
ICFI	F	0.04%	0.33%	0.04%
INTA	B	0.17%	0.57%	0.17%
IOVA	F	0.04%	0.32%	0.04%
JAMF	F	0.07%	0.1%	0.07%
KTOS	B	0.31%	0.38%	0.31%
KYMR	D	0.03%	0.58%	0.03%
LGND	C	0.09%	0.28%	0.09%
LKFN	C	0.52%	0.27%	0.27%
LMAT	A	0.03%	0.52%	0.03%
LMND	B	0.51%	0.67%	0.51%
MAC	B	0.22%	0.25%	0.22%
MCY	A	0.03%	0.69%	0.03%
MLNK	C	0.05%	0.13%	0.05%
MWA	B	0.6%	0.54%	0.54%
MYGN	F	0.09%	0.2%	0.09%
NMIH	C	0.33%	0.43%	0.33%
NPAB	F	0.04%	0.49%	0.04%
NRIX	C	0.14%	0.42%	0.14%
NSSC	D	0.04%	0.11%	0.04%
NVAX	F	0.07%	0.2%	0.07%
NXRT	B	0.04%	0.24%	0.04%
OSCR	D	0.1%	0.43%	0.1%
OUT	A	0.53%	0.48%	0.48%
PAYO	A	0.65%	0.82%	0.65%
PBI	B	0.19%	0.61%	0.19%
PHR	F	0.29%	0.22%	0.22%
PJT	A	0.18%	0.71%	0.18%
PRGS	A	0.26%	0.48%	0.26%
PRK	B	0.17%	0.55%	0.17%
PTCT	B	0.17%	0.54%	0.17%
PTGX	D	0.08%	0.54%	0.08%
RLAY	F	0.03%	0.09%	0.03%
RYTM	C	0.16%	0.68%	0.16%
SCS	C	0.08%	0.23%	0.08%
SHAK	C	0.23%	0.42%	0.23%
SKT	A	0.11%	0.26%	0.11%
SKYW	B	0.69%	0.62%	0.62%
SLVM	B	0.18%	0.58%	0.18%
SMTC	B	0.19%	0.49%	0.19%
STEP	C	0.32%	0.69%	0.32%
SXT	C	0.32%	0.23%	0.23%
TGTX	B	0.09%	0.79%	0.09%
THR	B	0.07%	0.12%	0.07%
TNC	D	0.19%	0.11%	0.11%
TNDM	D	0.04%	0.24%	0.04%
TRN	B	0.26%	0.64%	0.26%
TRUP	B	0.12%	0.74%	0.12%
TWST	F	0.14%	0.3%	0.14%
USLM	A	0.03%	0.69%	0.03%
VCYT	B	0.15%	0.65%	0.15%
WABC	B	0.21%	0.13%	0.13%
WT	A	0.51%	0.4%	0.4%
YELP	C	0.58%	0.12%	0.12%
YOU	D	0.32%	0.48%	0.32%

FESM Overweight 455 Positions Relative to FYC

Symbol	Grade	Weight
SFM	A	0.97%
LUMN	C	0.86%
CRS	B	0.81%
QTWO	A	0.8%
CVLT	B	0.77%
ANF	F	0.74%
FN	C	0.74%
SPSC	D	0.72%
JXN	C	0.64%
ENS	F	0.61%
MHO	D	0.59%
CSGS	B	0.59%
CRGY	B	0.58%
COMP	B	0.58%
IBP	D	0.57%
NWBI	B	0.57%
QLYS	B	0.56%
MTX	B	0.56%
EME	A	0.55%
CVNA	B	0.55%
FIX	A	0.55%
EXLS	B	0.54%
PRG	C	0.54%
FUL	F	0.52%
MTDR	B	0.51%
VMEO	B	0.51%
FHI	B	0.5%
AEO	F	0.5%
UPBD	B	0.5%
FLR	B	0.5%
AIR	B	0.49%
IGT	F	0.49%
MXL	C	0.48%
AIT	B	0.47%
TMHC	C	0.47%
ITRI	C	0.47%
REZI	A	0.46%
LANC	C	0.45%
SIGI	C	0.44%
CODI	B	0.44%
INSM	C	0.42%
BHE	C	0.41%
BMI	B	0.4%
MMSI	A	0.4%
GT	C	0.39%
WTS	B	0.39%
SANM	B	0.39%
ACA	A	0.37%
UCTT	D	0.37%
CBU	B	0.37%
CRDO	B	0.36%
BAND	B	0.36%
ABCB	B	0.36%
PCVX	D	0.36%
TENB	C	0.36%
GH	B	0.35%
CNMD	C	0.35%
CECO	B	0.35%
FFIN	B	0.35%
VICR	C	0.35%
UMBF	B	0.34%
TPH	D	0.34%
TEX	F	0.34%
PECO	A	0.34%
BBSI	B	0.33%
GNW	A	0.33%
SF	B	0.32%
ATI	C	0.32%
ABM	B	0.32%
MATX	C	0.32%
COKE	C	0.32%
PFS	B	0.31%
EQC	B	0.31%
SWX	B	0.31%
KAR	B	0.31%
NJR	A	0.3%
MTH	D	0.3%
WOOF	D	0.3%
VREX	B	0.29%
EGHT	B	0.29%
AX	B	0.29%
BDC	C	0.29%
TRNO	F	0.28%
LNW	F	0.28%
SXC	A	0.28%
WK	B	0.28%
YEXT	B	0.28%
CNO	B	0.27%
RVMD	C	0.26%
PLPC	B	0.25%
HP	C	0.25%
MOG.A	B	0.25%
SNEX	A	0.25%
HQY	A	0.24%
PDFS	C	0.24%
BCO	F	0.24%
PSN	D	0.24%
NBR	C	0.24%
PLXS	B	0.23%
EZPW	B	0.23%
CORT	B	0.23%
CPF	B	0.23%
BUSE	B	0.23%
MRTN	D	0.23%
RNST	B	0.22%
PLAB	C	0.22%
CRC	A	0.22%
COMM	D	0.22%
HWC	B	0.22%
GEO	B	0.22%
TILE	B	0.22%
ROCK	C	0.21%
AXGN	C	0.21%
RNA	C	0.21%
PBH	A	0.21%
HALO	F	0.21%
SJW	F	0.21%
OI	C	0.21%
AXL	C	0.21%
ALKS	C	0.21%
CTRE	C	0.2%
HSTM	B	0.2%
ZUO	B	0.2%
KBH	D	0.2%
HL	D	0.19%
MUR	D	0.19%
FULT	A	0.19%
UBSI	B	0.19%
RMBS	B	0.19%
PD	C	0.18%
SBH	C	0.18%
CADE	B	0.18%
FRME	B	0.18%
PRO	C	0.18%
SFBS	B	0.18%
XRX	F	0.18%
BVS	D	0.18%
HY	D	0.18%
AVNS	F	0.18%
CNXN	C	0.18%
VRE	B	0.18%
IRTC	C	0.17%
CSWI	B	0.17%
DCO	C	0.17%
TDS	B	0.17%
LMB	B	0.17%
TVTX	B	0.16%
EWTX	C	0.16%
EXPI	D	0.16%
BOH	B	0.16%
BCC	C	0.16%
DXPE	B	0.16%
ALRM	C	0.16%
BPMC	B	0.16%
CYTK	F	0.16%
DOMO	B	0.15%
STNG	F	0.15%
WSBC	B	0.15%
MDGL	B	0.15%
DY	D	0.15%
NFBK	C	0.15%
AMSF	B	0.15%
TRTX	C	0.15%
SAH	C	0.15%
OFG	B	0.15%
CPS	C	0.15%
OPCH	D	0.14%
GHC	B	0.14%
ETD	C	0.14%
WKC	C	0.14%
HAE	C	0.14%
FLXS	B	0.14%
VRTS	B	0.14%
UCB	A	0.14%
SRRK	C	0.13%
ATRC	C	0.13%
WSR	A	0.13%
WS	B	0.13%
CRNX	C	0.13%
KNF	B	0.13%
EXTR	C	0.13%
SRCE	B	0.13%
SLG	B	0.13%
ZEUS	C	0.12%
DK	C	0.12%
KREF	C	0.12%
REPX	A	0.12%
AMSC	B	0.12%
FORM	D	0.12%
CHX	C	0.11%
KRYS	C	0.11%
HCAT	D	0.11%
DYN	F	0.11%
OTTR	C	0.11%
CDNA	D	0.11%
HCI	C	0.11%
LYTS	B	0.11%
UNIT	B	0.11%
DIOD	D	0.1%
ALE	A	0.1%
LADR	B	0.1%
TRUE	C	0.1%
NGVC	A	0.1%
GKOS	B	0.1%
INDB	B	0.1%
FFBC	B	0.1%
GMRE	F	0.1%
AUB	B	0.1%
VTOL	B	0.1%
KURA	F	0.1%
ALTR	B	0.1%
RDFN	D	0.1%
VBTX	B	0.09%
EBS	C	0.09%
ADPT	C	0.09%
AMBA	B	0.09%
AMAL	B	0.09%
ODP	F	0.09%
RXRX	F	0.09%
BCPC	B	0.09%
AGS	A	0.09%
AUR	C	0.09%
ARAY	C	0.08%
PRLB	B	0.08%
FDP	B	0.08%
BSRR	B	0.08%
SGMO	C	0.08%
CDMO	A	0.08%
DEA	D	0.08%
PCRX	C	0.08%
EGP	D	0.08%
KTB	B	0.08%
TDOC	C	0.08%
CATY	B	0.08%
LTH	C	0.08%
AIN	C	0.08%
MTRN	C	0.08%
URBN	C	0.08%
RUSHA	C	0.08%
TCMD	B	0.08%
AKBA	C	0.08%
WVE	C	0.08%
SSTK	F	0.08%
FSS	B	0.08%
MRC	B	0.08%
SPT	C	0.08%
PACB	F	0.08%
LUNR	B	0.07%
LNTH	D	0.07%
LIVN	F	0.07%
CTKB	C	0.07%
KE	C	0.07%
WEAV	C	0.07%
ORIC	F	0.07%
KOD	B	0.07%
HBI	B	0.07%
NBTB	B	0.07%
HRTG	C	0.07%
AXSM	B	0.07%
FISI	B	0.07%
PGC	B	0.07%
SEM	B	0.07%
LGF.A	C	0.07%
IRWD	F	0.07%
MYE	F	0.07%
OPEN	F	0.07%
NUVB	C	0.07%
ATNI	F	0.07%
PL	B	0.07%
CTBI	B	0.07%
MEDP	D	0.07%
WSBF	C	0.07%
REPL	D	0.07%
BLKB	B	0.07%
WMK	C	0.07%
BSIG	A	0.07%
BBIO	F	0.07%
ANNX	F	0.06%
ERAS	C	0.06%
AKRO	B	0.06%
RXO	D	0.06%
UEC	B	0.06%
TSHA	C	0.06%
SNDX	F	0.06%
RVNC	F	0.06%
ARCT	F	0.06%
IART	C	0.06%
BGS	F	0.06%
CDXS	B	0.06%
CMC	B	0.06%
TREE	F	0.06%
CCCC	F	0.06%
HURC	B	0.06%
RM	C	0.06%
GIC	D	0.06%
ARVN	F	0.06%
AVD	C	0.06%
CERS	D	0.06%
QTRX	F	0.06%
FBK	C	0.06%
NABL	F	0.06%
EOLS	D	0.06%
ETNB	C	0.05%
ALLK	D	0.05%
ACIW	C	0.05%
DAKT	C	0.05%
SAGE	F	0.05%
OABI	F	0.05%
LGF.A	C	0.05%
DSGN	C	0.05%
TMCI	C	0.05%
PAHC	C	0.05%
ATRO	D	0.05%
ORGO	B	0.05%
FLYW	B	0.05%
ZIP	D	0.05%
OPY	B	0.05%
UHT	D	0.05%
ARWR	D	0.05%
COGT	D	0.05%
OIS	B	0.05%
STRO	F	0.05%
BY	B	0.05%
VNDA	C	0.05%
ABSI	F	0.05%
EE	A	0.05%
SNBR	F	0.05%
ONTO	F	0.05%
MCRI	A	0.05%
CVBF	A	0.05%
BOOT	C	0.05%
TSVT	F	0.04%
HRTX	F	0.04%
MGNX	F	0.04%
LPSN	F	0.04%
AOSL	C	0.04%
BDTX	F	0.04%
TERN	F	0.04%
MSBI	B	0.04%
BRSP	C	0.04%
CXM	C	0.04%
BASE	B	0.04%
NUVL	C	0.04%
VYGR	F	0.04%
CRVL	B	0.04%
KALV	F	0.04%
IDYA	F	0.04%
ZNTL	F	0.04%
UVE	B	0.04%
COUR	F	0.04%
TXRH	B	0.04%
PRTS	C	0.03%
FIZZ	C	0.03%
ANIK	D	0.03%
GCI	D	0.03%
NPK	B	0.03%
ACET	F	0.03%
GIII	D	0.03%
ENTA	F	0.03%
RMAX	C	0.03%
SHEN	F	0.03%
CWCO	C	0.03%
IDT	B	0.03%
RLMD	F	0.03%
MBWM	B	0.03%
YMAB	F	0.03%
BECN	B	0.03%
ENSG	C	0.03%
STNE	F	0.03%
MED	D	0.03%
VSCO	C	0.03%
AXNX	A	0.03%
RCKT	F	0.03%
ASC	F	0.03%
STBA	B	0.03%
FNKO	D	0.03%
SANA	F	0.03%
UVSP	B	0.03%
HROW	D	0.03%
ARRY	F	0.03%
UFPI	C	0.03%
ETWO	F	0.03%
HNST	A	0.03%
CHGG	C	0.03%
BHLB	B	0.03%
NARI	C	0.03%
GRC	A	0.03%
FATE	F	0.03%
VCEL	A	0.03%
EDIT	F	0.03%
HIMS	C	0.03%
CSR	B	0.03%
ANGO	C	0.02%
SUPN	C	0.02%
RCKY	F	0.02%
EB	C	0.02%
UPLD	C	0.02%
DIN	C	0.02%
ONTF	C	0.02%
TNYA	D	0.02%
CTMX	F	0.02%
SPNS	F	0.02%
MQ	D	0.02%
NTLA	F	0.02%
DVAX	C	0.02%
ZIMV	D	0.02%
TNET	F	0.02%
ABUS	D	0.02%
SVRA	F	0.02%
MCB	B	0.02%
RAMP	B	0.02%
NKTR	F	0.02%
TCBK	C	0.02%
XNCR	B	0.02%
JBSS	F	0.02%
SPOK	B	0.02%
MRSN	D	0.02%
PGEN	F	0.02%
CRBU	D	0.02%
PRAA	D	0.02%
GPRE	F	0.02%
FCF	B	0.02%
DOC	C	0.02%
SWTX	C	0.02%
TSE	F	0.02%
NKTX	F	0.02%
ALEC	F	0.02%
VERA	C	0.02%
MDXG	B	0.02%
SFL	D	0.02%
ALT	C	0.02%
PDCO	F	0.02%
KPTI	D	0.02%
PBYI	C	0.02%
FSTR	B	0.02%
PKE	B	0.02%
BOLT	F	0.01%
CARA	D	0.01%
WFRD	D	0.01%
ALVR	F	0.01%
INO	F	0.01%
NOVA	F	0.01%
GATX	A	0.01%
ZDGE	F	0.01%
FGEN	D	0.01%
IMVT	F	0.01%
CHRS	D	0.01%
AVTE	D	0.01%
SMMT	D	0.01%
ADAP	F	0.01%
SPCE	D	0.01%
RIG	D	0.01%
URGN	F	0.01%
XBIT	F	0.01%
CCBG	B	0.01%

FESM Underweight 133 Positions Relative to FYC

Symbol	Grade	Weight
RKLB	A	-1.06%
POWL	C	-0.81%
PRIM	A	-0.81%
IESC	C	-0.79%
ROAD	B	-0.76%
IDCC	B	-0.76%
STRL	A	-0.75%
WWW	A	-0.75%
QCRH	B	-0.73%
ENVA	B	-0.72%
GVA	A	-0.72%
WULF	C	-0.71%
DOCS	C	-0.71%
LRN	A	-0.7%
ATGE	B	-0.67%
GSHD	A	-0.64%
PRCT	B	-0.64%
REVG	C	-0.63%
PTON	A	-0.6%
NHC	C	-0.6%
TBBK	C	-0.6%
CHEF	A	-0.59%
DSGR	C	-0.59%
SKWD	A	-0.58%
MIRM	B	-0.57%
SGBX	F	-0.57%
SYBT	B	-0.57%
DORM	B	-0.57%
CWAN	B	-0.57%
ALKT	B	-0.56%
VCTR	B	-0.55%
NBHC	C	-0.55%
JANX	C	-0.54%
PRM	C	-0.54%
OSW	B	-0.54%
PLMR	A	-0.53%
CHWY	B	-0.53%
SATS	D	-0.53%
MNKD	C	-0.53%
TGLS	B	-0.51%
CCOI	B	-0.49%
LFST	B	-0.49%
SABR	C	-0.48%
UFPT	C	-0.47%
LITE	B	-0.47%
CENX	B	-0.46%
VERX	A	-0.45%
WTTR	A	-0.43%
MBIN	F	-0.43%
ASTH	F	-0.43%
SITM	B	-0.42%
CAKE	C	-0.42%
CARG	B	-0.42%
MGNI	B	-0.42%
RNG	C	-0.41%
GABC	B	-0.41%
CIFR	C	-0.4%
SEMR	C	-0.4%
VITL	D	-0.39%
OII	B	-0.39%
CHCO	B	-0.39%
HRMY	F	-0.39%
UE	B	-0.38%
ESE	B	-0.38%
AZZ	A	-0.36%
KN	B	-0.36%
OSIS	A	-0.35%
DOCN	C	-0.33%
PMT	C	-0.32%
NHI	D	-0.32%
ASPN	F	-0.32%
NSA	C	-0.31%
WRBY	A	-0.31%
KNTK	A	-0.3%
BLFS	C	-0.3%
HEES	C	-0.29%
MGEE	B	-0.28%
DRVN	B	-0.28%
TNL	A	-0.28%
IIPR	D	-0.27%
OCUL	D	-0.27%
NEO	C	-0.26%
WDFC	B	-0.26%
SXI	B	-0.26%
BANC	B	-0.26%
AGYS	A	-0.26%
AGM	B	-0.26%
SWI	C	-0.25%
UMH	B	-0.24%
IAS	C	-0.24%
CPK	A	-0.24%
FCPT	C	-0.23%
GTX	C	-0.23%
JJSF	C	-0.23%
KW	C	-0.23%
GTY	A	-0.23%
ACVA	B	-0.23%
EPR	C	-0.22%
AESI	B	-0.22%
AIV	C	-0.22%
ELME	D	-0.22%
CDRE	F	-0.21%
RXST	F	-0.21%
EVH	F	-0.21%
SOUN	B	-0.17%
TGI	B	-0.16%
MIR	A	-0.16%
ARDX	F	-0.16%
PAR	A	-0.16%
CBZ	B	-0.14%
SMPL	B	-0.13%
CLB	B	-0.13%
APAM	B	-0.13%
CARS	C	-0.13%
CTS	C	-0.13%
PLAY	D	-0.13%
FBRT	D	-0.12%
AMC	C	-0.12%
LTC	B	-0.12%
STRA	C	-0.12%
TR	B	-0.12%
WEN	D	-0.12%
PZZA	F	-0.11%
RRR	F	-0.11%
ENVX	F	-0.11%
BXMT	C	-0.11%
IRDM	D	-0.11%
VECO	F	-0.1%
JOE	F	-0.1%
GNL	F	-0.1%
AZTA	D	-0.1%
XPRO	D	-0.09%
LPG	F	-0.09%