FEX vs. LVOL ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to American Century Low Volatility ETF (LVOL)

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

$96.73

Average Daily Volume

20,777

Number of Holdings ^*

371

* may have additional holdings in another (foreign) market

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$51.77

Average Daily Volume

456

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FEX	LVOL
30 Days	-0.05%	2.91%
60 Days	0.21%	4.30%
90 Days	-1.22%	2.76%
12 Months	17.72%	16.99%

66 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in LVOL	Overlap
ABT	D	0.08%	1.39%	0.08%
ADSK	B	0.08%	0.8%	0.08%
AJG	A	0.09%	0.62%	0.09%
AMZN	A	0.4%	1.24%	0.4%
AON	C	0.08%	0.09%	0.08%
APH	B	0.21%	2.33%	0.21%
AVGO	B	0.33%	0.86%	0.33%
BLK	B	0.08%	0.25%	0.08%
BRK.A	C	0.44%	2.43%	0.44%
BRO	B	0.37%	0.25%	0.25%
BSX	B	0.31%	0.66%	0.31%
CB	C	0.37%	1.83%	0.37%
CL	B	0.2%	0.98%	0.2%
CMCSA	F	0.4%	0.28%	0.28%
COST	A	0.42%	1.48%	0.42%
CRM	C	0.23%	0.19%	0.19%
CSCO	D	0.34%	1.98%	0.34%
CTAS	A	0.28%	1.26%	0.28%
CTSH	C	0.42%	1.35%	0.42%
DOV	D	0.18%	0.75%	0.18%
ECL	B	0.28%	0.62%	0.28%
FAST	D	0.22%	0.45%	0.22%
GD	D	0.19%	1.52%	0.19%
GGG	D	0.08%	0.08%	0.08%
GOOGL	A	0.22%	2.54%	0.22%
GRMN	C	0.3%	0.3%	0.3%
GWW	C	0.32%	0.15%	0.15%
HD	C	0.16%	2.06%	0.16%
HIG	C	0.36%	0.61%	0.36%
HOLX	C	0.09%	0.21%	0.09%
IBM	B	0.24%	0.53%	0.24%
IEX	D	0.07%	0.36%	0.07%
INTU	A	0.09%	1.2%	0.09%
JNJ	F	0.17%	2.25%	0.17%
KMB	B	0.1%	0.58%	0.1%
LIN	C	0.09%	2.31%	0.09%
LLY	A	0.42%	0.53%	0.42%
MA	C	0.17%	2.18%	0.17%
MCO	A	0.1%	0.8%	0.1%
MDLZ	D	0.26%	0.2%	0.2%
MDT	D	0.17%	1.59%	0.17%
MMC	B	0.09%	1.93%	0.09%
MSFT	A	0.2%	8.47%	0.2%
MSI	B	0.2%	0.6%	0.2%
NDSN	D	0.08%	0.69%	0.08%
NTAP	A	0.33%	0.32%	0.32%
NXPI	B	0.1%	0.38%	0.1%
ORLY	C	0.25%	0.56%	0.25%
OTIS	B	0.18%	0.47%	0.18%
PG	C	0.09%	2.69%	0.09%
PKG	C	0.26%	0.2%	0.2%
PPG	D	0.08%	0.36%	0.08%
PTC	B	0.17%	0.44%	0.17%
ROP	B	0.09%	0.61%	0.09%
RSG	A	0.28%	1.01%	0.28%
SHW	D	0.23%	0.52%	0.23%
SNA	F	0.32%	0.22%	0.22%
SNPS	B	0.19%	0.71%	0.19%
SYK	B	0.17%	0.57%	0.17%
TEL	B	0.46%	1.8%	0.46%
TRV	D	0.16%	0.52%	0.16%
V	C	0.09%	2.95%	0.09%
WM	B	0.27%	0.95%	0.27%
WMT	A	0.1%	0.61%	0.1%
WRB	C	0.16%	0.14%	0.14%
ZBH	D	0.22%	0.18%	0.18%

FEX Overweight 305 Positions Relative to LVOL

Symbol	Grade	Weight
NVDA	B	0.62%
VST	C	0.57%
CRWD	B	0.55%
HPE	C	0.54%
HWM	C	0.53%
RCL	B	0.52%
ACGL	C	0.5%
TT	B	0.5%
META	A	0.49%
APO	B	0.48%
BG	B	0.48%
KKR	C	0.48%
BAH	C	0.48%
DECK	C	0.48%
VRT	C	0.48%
T	B	0.48%
LNG	B	0.48%
FCNCA	C	0.47%
PWR	D	0.47%
OC	D	0.47%
BK	B	0.47%
MKL	D	0.47%
ETN	C	0.46%
GM	B	0.46%
EBAY	B	0.46%
FANG	B	0.46%
EQT	D	0.46%
UAL	D	0.46%
MRO	B	0.46%
ETR	D	0.46%
DAL	D	0.46%
ED	D	0.45%
XOM	D	0.45%
CVX	D	0.45%
JPM	B	0.45%
PSTG	B	0.45%
ANET	A	0.44%
CTRA	D	0.44%
OXY	D	0.44%
ADM	C	0.44%
EOG	D	0.44%
SWKS	C	0.44%
CINF	C	0.43%
GDDY	A	0.43%
TROW	C	0.43%
EG	D	0.43%
IR	C	0.43%
NTNX	C	0.42%
F	B	0.42%
DVN	D	0.42%
CAT	D	0.41%
COP	D	0.41%
CF	F	0.41%
NFLX	A	0.41%
AMAT	B	0.41%
VLO	D	0.41%
PHM	D	0.41%
UBER	B	0.41%
WAB	D	0.4%
PEG	B	0.4%
PLTR	A	0.4%
SMCI	B	0.4%
CEG	B	0.4%
HAL	F	0.39%
PSX	D	0.39%
DHI	D	0.39%
MPC	D	0.39%
LYV	C	0.39%
CMG	D	0.39%
KMI	B	0.39%
URI	D	0.39%
CNP	B	0.39%
APTV	F	0.39%
LEN	D	0.39%
LRCX	B	0.39%
PCG	D	0.38%
TDG	D	0.38%
PCAR	D	0.38%
RS	D	0.38%
STLD	D	0.38%
SRE	B	0.38%
OKE	B	0.37%
HLT	B	0.37%
D	C	0.37%
MTB	C	0.37%
FDX	B	0.37%
DKNG	F	0.37%
SYF	B	0.37%
BKR	C	0.37%
DGX	C	0.37%
ATO	D	0.36%
WPC	D	0.36%
CE	F	0.36%
WFC	C	0.36%
DTE	D	0.36%
XEL	D	0.36%
DASH	C	0.36%
AXON	C	0.35%
CFG	B	0.35%
CAG	D	0.35%
BMY	F	0.35%
ENTG	B	0.35%
AIG	D	0.35%
AEE	D	0.35%
MAR	C	0.35%
L	D	0.35%
VZ	B	0.35%
C	B	0.35%
KIM	B	0.35%
NUE	F	0.35%
EXC	D	0.34%
LYB	D	0.34%
GILD	C	0.34%
COF	D	0.33%
ERIE	C	0.33%
VMC	D	0.33%
RF	B	0.33%
GE	D	0.33%
CVS	D	0.33%
HBAN	D	0.33%
DE	F	0.33%
KHC	D	0.32%
KLAC	B	0.32%
MLM	D	0.32%
VTRS	D	0.32%
HUBB	C	0.32%
IPG	F	0.32%
UHAL	D	0.32%
MAS	D	0.31%
WBD	F	0.31%
NET	B	0.31%
CCL	C	0.31%
CNC	D	0.31%
NEE	D	0.31%
APD	D	0.3%
LII	B	0.3%
IRM	B	0.3%
KDP	D	0.3%
ISRG	A	0.3%
CSL	C	0.29%
NWSA	B	0.29%
GS	A	0.29%
MAA	C	0.29%
BEN	F	0.29%
INCY	D	0.29%
EQR	B	0.29%
CHTR	C	0.28%
CPB	B	0.28%
NOW	A	0.28%
EIX	C	0.28%
ARES	C	0.28%
AEP	C	0.28%
BBY	C	0.28%
BAC	B	0.28%
LKQ	F	0.28%
AFL	B	0.28%
DPZ	D	0.28%
DUK	C	0.28%
LPLA	B	0.28%
HUM	C	0.28%
LUV	D	0.27%
LECO	F	0.27%
EW	B	0.27%
CMS	D	0.27%
ROST	B	0.27%
FE	C	0.27%
MANH	B	0.27%
AZO	C	0.26%
PNC	C	0.26%
STT	C	0.26%
CPRT	C	0.26%
WEC	D	0.26%
WLK	D	0.26%
FITB	D	0.26%
SSNC	B	0.26%
EXPE	C	0.25%
PH	D	0.25%
GIS	D	0.25%
UPS	D	0.25%
MGM	B	0.25%
CI	D	0.25%
NTRS	C	0.25%
KR	C	0.24%
HRL	F	0.24%
PYPL	D	0.24%
BLDR	F	0.24%
AMD	B	0.24%
GPC	D	0.24%
USB	D	0.24%
TDY	D	0.24%
TXT	D	0.24%
CPNG	C	0.22%
JBL	F	0.22%
HPQ	C	0.21%
QCOM	B	0.21%
VTR	A	0.21%
GLW	B	0.21%
FICO	A	0.21%
JBHT	F	0.21%
FOXA	B	0.2%
TJX	A	0.2%
REGN	B	0.2%
BKNG	B	0.2%
ORCL	A	0.2%
STX	B	0.2%
TTD	A	0.2%
JCI	D	0.19%
LMT	C	0.19%
ELV	C	0.19%
EXPD	B	0.19%
DDOG	B	0.19%
DD	C	0.19%
LHX	B	0.19%
XYL	D	0.19%
AWK	B	0.19%
BIIB	C	0.19%
GPN	D	0.19%
NBIX	C	0.18%
UNH	D	0.18%
CDNS	B	0.18%
PRU	B	0.18%
CRBG	C	0.18%
MS	B	0.18%
DOW	D	0.17%
ABNB	B	0.17%
OMC	D	0.17%
FNF	D	0.17%
IT	B	0.17%
HUBS	C	0.17%
NVR	D	0.17%
HSY	F	0.17%
RJF	D	0.17%
SPG	C	0.17%
KEY	C	0.16%
LOW	D	0.16%
HST	D	0.16%
CPAY	D	0.16%
OKTA	C	0.16%
ZM	F	0.16%
EFX	B	0.16%
RPM	D	0.16%
J	D	0.16%
DXCM	D	0.15%
TGT	D	0.15%
DG	F	0.15%
IQV	D	0.15%
WY	F	0.14%
INTC	C	0.13%
MOH	F	0.13%
ULTA	D	0.13%
PINS	B	0.12%
TER	A	0.12%
HEI	B	0.11%
MPWR	B	0.11%
PANW	B	0.11%
ROL	A	0.1%
WSO	B	0.1%
WMB	B	0.1%
TMUS	B	0.1%
VRTX	B	0.1%
TRGP	A	0.1%
STZ	B	0.09%
TMO	D	0.09%
STE	C	0.09%
RMD	C	0.09%
MRVL	C	0.09%
ZS	B	0.09%
INVH	A	0.09%
CHD	C	0.09%
PFE	C	0.09%
NKE	F	0.09%
K	D	0.09%
PPL	D	0.09%
DHR	D	0.09%
TSCO	D	0.09%
FCX	C	0.09%
HCA	C	0.09%
RTX	D	0.09%
DLR	B	0.09%
LVS	F	0.08%
FTV	D	0.08%
SLB	D	0.08%
KVUE	F	0.08%
GEHC	D	0.08%
FTNT	C	0.08%
CSX	D	0.08%
SYY	D	0.08%
ARE	C	0.08%
BALL	D	0.08%
NOC	D	0.08%
DRI	D	0.08%
CBRE	C	0.08%
AME	D	0.08%
MKC	C	0.08%
CBOE	D	0.08%
CTVA	D	0.08%
TRU	C	0.08%
POOL	F	0.07%
CSGP	F	0.07%
LW	F	0.07%
VEEV	D	0.07%
WDAY	D	0.07%
NSC	D	0.07%
EPAM	F	0.06%
MDB	D	0.06%

FEX Underweight 34 Positions Relative to LVOL

Symbol	Grade	Weight
AAPL	A	-6.6%
KO	A	-2.66%
MCD	F	-1.94%
ACN	D	-1.89%
MRK	C	-1.87%
PEP	D	-1.69%
CMI	D	-1.62%
SPGI	B	-1.34%
HON	B	-1.22%
DOX	D	-1.06%
GOOG	A	-0.85%
KEYS	D	-0.78%
ITW	D	-0.76%
PAYX	D	-0.67%
AMP	B	-0.58%
VRSK	A	-0.47%
YUM	D	-0.46%
CDW	D	-0.36%
EA	B	-0.34%
ABBV	C	-0.33%
DLB	D	-0.28%
BR	B	-0.28%
AVY	D	-0.22%
VRSN	C	-0.19%
FDS	C	-0.16%
JKHY	C	-0.15%
FFIV	C	-0.12%
PGR	B	-0.09%
LSTR	D	-0.09%
CW	C	-0.09%
CHE	D	-0.08%
DCI	D	-0.08%
ITT	D	-0.08%
VLTO	D	-0.03%