FEX vs. ACVF ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to American Conservative Values ETF (ACVF)

FEX

First Trust Large Cap Core AlphaDEX

FEX 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 Large Cap Core 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 500(R) 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

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

ACVF

American Conservative Values ETF

ACVF Description

The investment seeks to achieve long-term capital appreciation; capital preservation is the secondary objective. Under normal circumstances, the fund seeks to meet its investment objective by investing at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of U.S. companies that meet its politically conservative criteria. The equity securities in which It invests will generally be those of companies with large market capitalizations.

Grade (RS Rating)

Last Trade

$45.63

Average Daily Volume

7,781

Number of Holdings ^*

363

* may have additional holdings in another (foreign) market

Performance

Period	FEX	ACVF
30 Days	6.62%	3.66%
60 Days	8.07%	5.20%
90 Days	10.60%	6.60%
12 Months	33.47%	31.26%

238 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in ACVF	Overlap
ABT	B	0.09%	0.51%	0.09%
ACN	C	0.08%	0.88%	0.08%
ADM	D	0.37%	0.07%	0.07%
ADSK	A	0.09%	0.3%	0.09%
AEE	A	0.36%	0.01%	0.01%
AEP	D	0.32%	0.03%	0.03%
AFL	B	0.34%	0.06%	0.06%
AIG	B	0.35%	0.05%	0.05%
AJG	B	0.18%	0.05%	0.05%
ALL	A	0.45%	0.05%	0.05%
AMGN	D	0.07%	0.37%	0.07%
AMP	A	0.31%	0.2%	0.2%
AMT	D	0.14%	0.19%	0.14%
ANET	C	0.33%	0.7%	0.33%
AON	A	0.09%	0.17%	0.09%
APD	A	0.19%	0.17%	0.17%
APH	A	0.09%	0.2%	0.09%
APTV	D	0.31%	0.04%	0.04%
ARE	D	0.15%	0.02%	0.02%
AVB	B	0.09%	0.06%	0.06%
AVGO	D	0.24%	2.01%	0.24%
AWK	D	0.16%	0.02%	0.02%
AZO	C	0.08%	0.28%	0.08%
BBY	D	0.22%	0.06%	0.06%
BDX	F	0.08%	0.14%	0.08%
BIIB	F	0.21%	0.02%	0.02%
BK	A	0.46%	0.07%	0.07%
BKNG	A	0.3%	0.94%	0.3%
BKR	B	0.4%	0.08%	0.08%
BLDR	D	0.31%	0.14%	0.14%
BR	A	0.18%	0.06%	0.06%
BRK.A	B	0.26%	2.76%	0.26%
BSX	B	0.27%	0.29%	0.27%
C	A	0.37%	0.45%	0.37%
CARR	D	0.23%	0.07%	0.07%
CAT	B	0.25%	0.51%	0.25%
CB	C	0.34%	0.38%	0.34%
CBOE	B	0.09%	0.18%	0.09%
CCI	D	0.07%	0.1%	0.07%
CE	F	0.23%	0.01%	0.01%
CEG	D	0.3%	0.08%	0.08%
CFG	B	0.38%	0.07%	0.07%
CHTR	C	0.3%	0.43%	0.3%
CI	F	0.16%	0.58%	0.16%
CINF	A	0.47%	0.05%	0.05%
CL	D	0.15%	0.21%	0.15%
CLX	B	0.09%	0.01%	0.01%
CMI	A	0.19%	0.16%	0.16%
CNC	D	0.33%	0.06%	0.06%
CNP	B	0.36%	0.03%	0.03%
COF	B	0.41%	0.16%	0.16%
COP	C	0.46%	0.22%	0.22%
COST	B	0.35%	1.72%	0.35%
CSCO	B	0.27%	1.59%	0.27%
CSX	B	0.26%	0.19%	0.19%
CTAS	B	0.36%	0.4%	0.36%
CTSH	B	0.42%	0.25%	0.25%
CTVA	C	0.16%	0.1%	0.1%
CVS	D	0.38%	0.17%	0.17%
CVX	A	0.46%	0.73%	0.46%
D	C	0.25%	0.03%	0.03%
DASH	A	0.41%	0.32%	0.32%
DD	D	0.16%	0.05%	0.05%
DE	A	0.25%	0.39%	0.25%
DG	F	0.31%	0.06%	0.06%
DHI	D	0.36%	0.11%	0.11%
DOW	F	0.21%	0.03%	0.03%
DRI	B	0.17%	0.06%	0.06%
DTE	C	0.32%	0.04%	0.04%
DUK	C	0.33%	0.13%	0.13%
EBAY	D	0.32%	0.09%	0.09%
ECL	D	0.16%	0.16%	0.16%
ED	D	0.31%	0.01%	0.01%
EFX	F	0.21%	0.07%	0.07%
EIX	B	0.25%	0.06%	0.06%
ELV	F	0.2%	0.34%	0.2%
EMR	A	0.1%	0.21%	0.1%
EOG	A	0.47%	0.13%	0.13%
EQIX	A	0.09%	0.24%	0.09%
EQR	B	0.25%	0.06%	0.06%
ETN	A	0.18%	0.61%	0.18%
EXC	C	0.33%	0.03%	0.03%
EXPD	D	0.08%	0.04%	0.04%
EXPE	B	0.52%	0.33%	0.33%
EXR	D	0.15%	0.01%	0.01%
F	C	0.45%	0.12%	0.12%
FCX	D	0.07%	0.18%	0.07%
FDX	B	0.37%	0.15%	0.15%
FE	C	0.16%	0.05%	0.05%
FI	A	0.4%	0.79%	0.4%
FICO	B	0.5%	0.38%	0.38%
FITB	A	0.28%	0.12%	0.12%
FOXA	B	0.45%	0.14%	0.14%
FTNT	C	0.3%	0.17%	0.17%
FTV	C	0.16%	0.05%	0.05%
GD	F	0.16%	0.08%	0.08%
GE	D	0.32%	0.45%	0.32%
GEHC	F	0.07%	0.07%	0.07%
GIS	D	0.22%	0.07%	0.07%
GPC	D	0.23%	0.06%	0.06%
GRMN	B	0.3%	0.46%	0.3%
GWW	B	0.29%	0.11%	0.11%
HAL	C	0.44%	0.05%	0.05%
HBAN	A	0.41%	0.05%	0.05%
HCA	F	0.35%	0.09%	0.09%
HD	A	0.09%	1.77%	0.09%
HIG	B	0.34%	0.07%	0.07%
HLT	A	0.27%	0.18%	0.18%
HOLX	D	0.16%	0.02%	0.02%
HPE	B	0.44%	0.23%	0.23%
HPQ	B	0.09%	0.15%	0.09%
HSY	F	0.15%	0.05%	0.05%
HUM	C	0.22%	0.18%	0.18%
ICE	C	0.25%	0.38%	0.25%
INTC	D	0.36%	0.32%	0.32%
IP	B	0.4%	0.07%	0.07%
IQV	D	0.07%	0.07%	0.07%
IR	B	0.18%	0.07%	0.07%
ISRG	A	0.27%	0.62%	0.27%
IT	C	0.17%	0.19%	0.17%
J	F	0.18%	0.04%	0.04%
JBHT	C	0.27%	0.02%	0.02%
JCI	C	0.09%	0.2%	0.09%
KEY	B	0.19%	0.04%	0.04%
KEYS	A	0.16%	0.06%	0.06%
KHC	F	0.22%	0.05%	0.05%
KKR	A	0.49%	0.22%	0.22%
KLAC	D	0.07%	0.3%	0.07%
KMB	D	0.08%	0.08%	0.08%
KMI	A	0.43%	0.11%	0.11%
KR	B	0.34%	0.04%	0.04%
L	A	0.36%	0.04%	0.04%
LEN	D	0.38%	0.09%	0.09%
LH	C	0.18%	0.04%	0.04%
LHX	C	0.17%	0.14%	0.14%
LLY	F	0.14%	1.48%	0.14%
LMT	D	0.08%	0.34%	0.08%
LUV	C	0.28%	0.06%	0.06%
LVS	C	0.17%	0.05%	0.05%
LYB	F	0.37%	0.04%	0.04%
LYV	A	0.41%	0.1%	0.1%
MA	C	0.09%	1.7%	0.09%
MAA	B	0.17%	0.01%	0.01%
MANH	D	0.25%	0.16%	0.16%
MAR	B	0.1%	0.48%	0.1%
MCD	D	0.08%	1.0%	0.08%
MCO	B	0.25%	0.42%	0.25%
MDLZ	F	0.15%	0.65%	0.15%
MDT	D	0.16%	0.29%	0.16%
MET	A	0.09%	0.25%	0.09%
MKC	D	0.08%	0.03%	0.03%
MMC	B	0.08%	0.26%	0.08%
MO	A	0.09%	0.23%	0.09%
MPC	D	0.42%	0.28%	0.28%
MS	A	0.33%	0.33%	0.33%
MSCI	C	0.09%	0.06%	0.06%
MSI	B	0.37%	0.83%	0.37%
MU	D	0.08%	0.32%	0.08%
NEE	D	0.31%	0.51%	0.31%
NOC	D	0.08%	0.18%	0.08%
NOW	A	0.29%	0.95%	0.29%
NSC	B	0.09%	0.05%	0.05%
NTRS	A	0.31%	0.08%	0.08%
NUE	C	0.41%	0.09%	0.09%
NVDA	C	0.29%	7.98%	0.29%
NWSA	B	0.18%	0.12%	0.12%
O	D	0.15%	0.02%	0.02%
ODFL	B	0.09%	0.08%	0.08%
OKE	A	0.31%	0.09%	0.09%
OMC	C	0.16%	0.3%	0.16%
ORCL	B	0.37%	1.18%	0.37%
ORLY	B	0.09%	0.48%	0.09%
OTIS	C	0.08%	0.05%	0.05%
OXY	D	0.42%	0.09%	0.09%
PANW	C	0.1%	0.48%	0.1%
PAYX	C	0.09%	0.13%	0.09%
PCAR	B	0.48%	0.14%	0.14%
PEG	A	0.25%	0.08%	0.08%
PEP	F	0.08%	0.9%	0.08%
PFG	D	0.17%	0.03%	0.03%
PH	A	0.37%	0.19%	0.19%
PHM	D	0.38%	0.03%	0.03%
PKG	A	0.28%	0.04%	0.04%
PM	B	0.37%	0.58%	0.37%
PNC	B	0.19%	0.33%	0.19%
POOL	C	0.08%	0.03%	0.03%
PPG	F	0.24%	0.07%	0.07%
PRU	A	0.18%	0.04%	0.04%
PSA	D	0.24%	0.15%	0.15%
PWR	A	0.47%	0.03%	0.03%
RCL	A	0.55%	0.1%	0.1%
RF	A	0.29%	0.08%	0.08%
RJF	A	0.23%	0.09%	0.09%
RMD	C	0.33%	0.04%	0.04%
ROST	C	0.16%	0.31%	0.16%
RSG	A	0.09%	0.38%	0.09%
SBAC	D	0.08%	0.02%	0.02%
SHW	A	0.25%	0.21%	0.21%
SLB	C	0.44%	0.15%	0.15%
SO	D	0.17%	0.75%	0.17%
SPG	B	0.18%	0.08%	0.08%
SPGI	C	0.25%	0.62%	0.25%
SRE	A	0.38%	0.03%	0.03%
STT	A	0.28%	0.1%	0.1%
STX	D	0.22%	0.04%	0.04%
SYF	B	0.54%	0.01%	0.01%
SYK	C	0.09%	0.31%	0.09%
SYY	B	0.16%	0.03%	0.03%
T	A	0.44%	0.18%	0.18%
TDG	D	0.22%	0.12%	0.12%
TJX	A	0.26%	0.88%	0.26%
TMO	F	0.07%	0.52%	0.07%
TMUS	B	0.39%	1.05%	0.39%
TROW	B	0.46%	0.07%	0.07%
TRV	B	0.28%	0.05%	0.05%
TSCO	D	0.16%	0.19%	0.16%
TSLA	B	0.22%	1.92%	0.22%
TT	A	0.45%	0.18%	0.18%
TYL	B	0.26%	0.05%	0.05%
UAL	A	0.67%	0.06%	0.06%
UBER	D	0.16%	0.51%	0.16%
ULTA	F	0.31%	0.03%	0.03%
UPS	C	0.17%	0.21%	0.17%
USB	A	0.28%	0.26%	0.26%
VLTO	D	0.23%	0.07%	0.07%
VRTX	F	0.08%	0.31%	0.08%
VTR	C	0.34%	0.03%	0.03%
WAB	B	0.46%	0.07%	0.07%
WEC	A	0.26%	0.05%	0.05%
WELL	A	0.27%	0.12%	0.12%
WFC	A	0.44%	0.7%	0.44%
WMB	A	0.11%	0.09%	0.09%
WY	D	0.16%	0.04%	0.04%
XEL	A	0.36%	0.07%	0.07%
XOM	B	0.43%	1.46%	0.43%
XYL	D	0.15%	0.02%	0.02%
ZBH	C	0.35%	0.03%	0.03%
ZTS	D	0.08%	0.16%	0.08%

FEX Overweight 135 Positions Relative to ACVF

Symbol	Grade	Weight
APP	B	0.97%
PLTR	B	0.7%
AXON	A	0.64%
DAL	C	0.53%
GM	B	0.53%
SNA	A	0.52%
VRT	B	0.52%
VST	B	0.52%
GS	A	0.5%
EME	C	0.49%
CVNA	B	0.48%
HWM	A	0.48%
OC	A	0.47%
STLD	B	0.47%
TRGP	B	0.46%
CTRA	B	0.46%
AXP	A	0.45%
FANG	D	0.45%
CCL	B	0.45%
VLO	C	0.45%
RS	B	0.45%
URI	B	0.44%
CMCSA	B	0.44%
HEI	B	0.44%
BURL	A	0.44%
PGR	A	0.43%
CF	B	0.43%
NRG	B	0.43%
TOL	B	0.42%
DVN	F	0.42%
CPNG	D	0.42%
PSX	C	0.42%
UTHR	C	0.42%
MTB	A	0.41%
EQT	B	0.41%
IRM	D	0.41%
GDDY	A	0.4%
BG	F	0.4%
TPL	A	0.4%
EG	C	0.4%
FCNCA	A	0.4%
LNG	B	0.4%
ON	D	0.39%
RBLX	C	0.39%
THC	D	0.39%
VTRS	A	0.38%
HOOD	B	0.38%
ETR	B	0.38%
CRBG	B	0.36%
ATO	A	0.36%
BRO	B	0.36%
NI	A	0.36%
SWKS	F	0.36%
GEN	B	0.36%
LII	A	0.35%
DGX	A	0.35%
ALLY	C	0.34%
TGT	F	0.34%
META	D	0.33%
VZ	C	0.32%
TXT	D	0.32%
IBM	C	0.32%
ERIE	D	0.32%
JPM	A	0.3%
BAC	A	0.3%
NFLX	A	0.3%
ALNY	D	0.29%
ZM	B	0.29%
AKAM	D	0.29%
BAH	F	0.29%
ACGL	D	0.29%
FSLR	F	0.27%
PCG	A	0.27%
TDY	B	0.27%
TTD	B	0.27%
CASY	A	0.27%
LNT	A	0.26%
PPL	B	0.26%
CMS	C	0.25%
SSNC	B	0.25%
HRL	D	0.24%
JNJ	D	0.24%
NVR	D	0.23%
APO	B	0.22%
KDP	D	0.21%
CPAY	A	0.2%
DIS	B	0.2%
NDAQ	A	0.19%
DECK	A	0.19%
MSTR	C	0.19%
DELL	C	0.19%
HUBB	B	0.18%
IEX	B	0.18%
RGA	A	0.18%
WSO	A	0.18%
WRB	A	0.18%
KIM	A	0.18%
TSN	B	0.18%
PYPL	B	0.18%
CSL	C	0.17%
AAPL	C	0.17%
FNF	B	0.17%
NTAP	C	0.16%
KO	D	0.15%
CPB	D	0.15%
DOC	D	0.15%
COIN	C	0.15%
WLK	D	0.14%
NKE	D	0.14%
MOH	F	0.14%
MPWR	F	0.11%
RPM	A	0.1%
CMG	B	0.09%
WST	C	0.09%
ESS	B	0.09%
SBUX	A	0.09%
DOV	A	0.09%
GOOGL	C	0.09%
ARES	A	0.09%
AMZN	C	0.09%
MKL	A	0.09%
BLK	C	0.09%
RIVN	F	0.08%
AVY	D	0.08%
MAS	D	0.08%
VICI	C	0.08%
GLPI	C	0.08%
NDSN	B	0.08%
WAT	B	0.08%
ROL	B	0.08%
LOW	D	0.08%
CAG	D	0.07%
RVTY	F	0.07%
BLD	D	0.07%
WSM	B	0.07%

FEX Underweight 125 Positions Relative to ACVF

Symbol	Grade	Weight
MSFT	F	-4.56%
PG	A	-1.53%
ADBE	C	-0.98%
INTU	C	-0.92%
LIN	D	-0.85%
ABBV	D	-0.77%
MRK	F	-0.65%
TXN	C	-0.56%
AMD	F	-0.55%
CPRT	A	-0.54%
AMAT	F	-0.52%
QCOM	F	-0.52%
SNPS	B	-0.5%
DHR	F	-0.49%
SPOT	B	-0.48%
HON	B	-0.47%
ROP	B	-0.46%
CDNS	B	-0.46%
CME	A	-0.45%
RTX	C	-0.44%
WM	A	-0.44%
ADI	D	-0.44%
BX	A	-0.42%
LRCX	F	-0.39%
UNP	C	-0.38%
ADP	B	-0.38%
ABNB	C	-0.37%
VRSN	F	-0.35%
BMY	B	-0.35%
DFS	B	-0.34%
PLD	D	-0.33%
VRSK	A	-0.32%
MCK	B	-0.28%
EA	A	-0.28%
REGN	F	-0.22%
GEV	B	-0.21%
ZBRA	B	-0.21%
TTWO	A	-0.21%
WDAY	B	-0.21%
FFIV	B	-0.21%
TFC	A	-0.2%
IPG	D	-0.19%
SCHW	B	-0.19%
MNST	C	-0.19%
ANSS	B	-0.18%
GPN	B	-0.18%
RBA	A	-0.17%
STZ	D	-0.17%
BA	F	-0.17%
NXPI	D	-0.17%
CRWD	B	-0.16%
JBL	B	-0.16%
LAD	A	-0.14%
CBRE	B	-0.14%
ITW	B	-0.14%
NWS	B	-0.13%
COR	B	-0.13%
FIS	C	-0.13%
SKX	D	-0.12%
FOX	A	-0.12%
DLR	B	-0.11%
FAST	B	-0.11%
PINS	D	-0.1%
GILD	C	-0.09%
MMM	D	-0.09%
RKT	F	-0.09%
GLW	B	-0.08%
EW	C	-0.08%
MGM	D	-0.08%
WTW	B	-0.08%
CAH	B	-0.07%
AME	A	-0.07%
NEM	D	-0.07%
BALL	D	-0.06%
ETSY	D	-0.06%
MCHP	D	-0.06%
KSS	F	-0.06%
A	D	-0.06%
UAA	C	-0.06%
UA	C	-0.06%
AAL	B	-0.06%
CHD	B	-0.05%
CDW	F	-0.05%
DXCM	D	-0.05%
ILMN	D	-0.05%
YUM	B	-0.04%
HES	B	-0.04%
IDXX	F	-0.04%
DPZ	C	-0.04%
VEEV	C	-0.04%
AMCR	D	-0.04%
ES	D	-0.04%
ROK	B	-0.03%
VMC	B	-0.03%
TPR	B	-0.03%
BWA	D	-0.03%
EL	F	-0.03%
DLTR	F	-0.03%
CHRW	C	-0.03%
IFF	D	-0.02%
PVH	C	-0.02%
MOS	F	-0.02%
RL	B	-0.02%
HST	C	-0.02%
PAYC	B	-0.02%
LKQ	D	-0.02%
WBA	F	-0.02%
INCY	C	-0.02%
SW	A	-0.02%
WYNN	D	-0.02%
MKTX	D	-0.02%
BBWI	D	-0.02%
FMC	D	-0.01%
AES	F	-0.01%
AAP	C	-0.01%
SLVM	B	-0.01%
PHIN	A	-0.01%
ALB	C	-0.01%
HAS	D	-0.01%
BEN	C	-0.01%
SOLV	C	-0.01%
MTD	D	-0.0%
EMBC	C	-0.0%
FTRE	D	-0.0%
IVZ	B	-0.0%