FEX vs. SPHQ ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

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

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.34

Average Daily Volume

861,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEX	SPHQ
30 Days	6.62%	2.20%
60 Days	8.07%	1.70%
90 Days	10.60%	3.87%
12 Months	33.47%	32.58%

60 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in SPHQ	Overlap
AAPL	C	0.17%	4.97%	0.17%
ACGL	D	0.29%	0.41%	0.29%
ADM	D	0.37%	0.26%	0.26%
ADSK	A	0.09%	0.86%	0.09%
AMP	A	0.31%	0.86%	0.31%
AVGO	D	0.24%	5.28%	0.24%
BLDR	D	0.31%	0.24%	0.24%
BR	A	0.18%	0.27%	0.18%
CAT	B	0.25%	2.01%	0.25%
CINF	A	0.47%	0.23%	0.23%
CLX	B	0.09%	0.24%	0.09%
CMI	A	0.19%	0.57%	0.19%
CNC	D	0.33%	0.36%	0.33%
COST	B	0.35%	4.29%	0.35%
CSCO	B	0.27%	2.61%	0.27%
CTAS	B	0.36%	0.76%	0.36%
CTSH	B	0.42%	0.37%	0.37%
DD	D	0.16%	0.32%	0.16%
DECK	A	0.19%	0.29%	0.19%
EBAY	D	0.32%	0.34%	0.32%
EG	C	0.4%	0.16%	0.16%
EMR	A	0.1%	0.88%	0.1%
EXPD	D	0.08%	0.21%	0.08%
GE	D	0.32%	2.02%	0.32%
GEHC	F	0.07%	0.4%	0.07%
GWW	B	0.29%	0.59%	0.29%
HOLX	D	0.16%	0.17%	0.16%
HSY	F	0.15%	0.26%	0.15%
IT	C	0.17%	0.64%	0.17%
JNJ	D	0.24%	4.84%	0.24%
KEYS	A	0.16%	0.26%	0.16%
KLAC	D	0.07%	1.05%	0.07%
KMB	D	0.08%	0.52%	0.08%
LEN	D	0.38%	0.42%	0.38%
LH	C	0.18%	0.23%	0.18%
LMT	D	0.08%	1.65%	0.08%
LYB	F	0.37%	0.21%	0.21%
MA	C	0.09%	5.45%	0.09%
MCO	B	0.25%	0.73%	0.25%
MDLZ	F	0.15%	0.9%	0.15%
MPC	D	0.42%	0.58%	0.42%
NFLX	A	0.3%	4.24%	0.3%
NKE	D	0.14%	1.08%	0.14%
NVR	D	0.23%	0.3%	0.23%
OMC	C	0.16%	0.2%	0.16%
PANW	C	0.1%	1.24%	0.1%
PAYX	C	0.09%	0.66%	0.09%
PEP	F	0.08%	2.26%	0.08%
PGR	A	0.43%	1.63%	0.43%
POOL	C	0.08%	0.19%	0.08%
ROST	C	0.16%	0.47%	0.16%
SHW	A	0.25%	1.01%	0.25%
SWKS	F	0.36%	0.14%	0.14%
SYY	B	0.16%	0.37%	0.16%
TJX	A	0.26%	1.54%	0.26%
TROW	B	0.46%	0.26%	0.26%
ULTA	F	0.31%	0.21%	0.21%
VLO	C	0.45%	0.44%	0.44%
VLTO	D	0.23%	0.26%	0.23%
ZTS	D	0.08%	0.74%	0.08%

FEX Overweight 313 Positions Relative to SPHQ

Symbol	Grade	Weight
APP	B	0.97%
PLTR	B	0.7%
UAL	A	0.67%
AXON	A	0.64%
RCL	A	0.55%
SYF	B	0.54%
DAL	C	0.53%
GM	B	0.53%
EXPE	B	0.52%
SNA	A	0.52%
VRT	B	0.52%
VST	B	0.52%
FICO	B	0.5%
GS	A	0.5%
EME	C	0.49%
KKR	A	0.49%
CVNA	B	0.48%
HWM	A	0.48%
PCAR	B	0.48%
PWR	A	0.47%
OC	A	0.47%
EOG	A	0.47%
STLD	B	0.47%
WAB	B	0.46%
TRGP	B	0.46%
COP	C	0.46%
CTRA	B	0.46%
CVX	A	0.46%
BK	A	0.46%
TT	A	0.45%
AXP	A	0.45%
ALL	A	0.45%
FANG	D	0.45%
CCL	B	0.45%
F	C	0.45%
FOXA	B	0.45%
RS	B	0.45%
URI	B	0.44%
CMCSA	B	0.44%
HEI	B	0.44%
BURL	A	0.44%
SLB	C	0.44%
HPE	B	0.44%
T	A	0.44%
HAL	C	0.44%
WFC	A	0.44%
KMI	A	0.43%
CF	B	0.43%
NRG	B	0.43%
XOM	B	0.43%
TOL	B	0.42%
OXY	D	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%
DASH	A	0.41%
HBAN	A	0.41%
LYV	A	0.41%
IRM	D	0.41%
COF	B	0.41%
NUE	C	0.41%
GDDY	A	0.4%
BG	F	0.4%
IP	B	0.4%
FI	A	0.4%
TPL	A	0.4%
BKR	B	0.4%
FCNCA	A	0.4%
LNG	B	0.4%
ON	D	0.39%
TMUS	B	0.39%
RBLX	C	0.39%
THC	D	0.39%
SRE	A	0.38%
CVS	D	0.38%
PHM	D	0.38%
VTRS	A	0.38%
HOOD	B	0.38%
CFG	B	0.38%
ETR	B	0.38%
FDX	B	0.37%
PM	B	0.37%
ORCL	B	0.37%
MSI	B	0.37%
PH	A	0.37%
C	A	0.37%
AEE	A	0.36%
CRBG	B	0.36%
DHI	D	0.36%
CNP	B	0.36%
INTC	D	0.36%
ATO	A	0.36%
BRO	B	0.36%
NI	A	0.36%
GEN	B	0.36%
L	A	0.36%
XEL	A	0.36%
LII	A	0.35%
HCA	F	0.35%
AIG	B	0.35%
DGX	A	0.35%
ZBH	C	0.35%
VTR	C	0.34%
CB	C	0.34%
AFL	B	0.34%
ALLY	C	0.34%
HIG	B	0.34%
TGT	F	0.34%
KR	B	0.34%
MS	A	0.33%
ANET	C	0.33%
EXC	C	0.33%
META	D	0.33%
RMD	C	0.33%
DUK	C	0.33%
DTE	C	0.32%
AEP	D	0.32%
VZ	C	0.32%
TXT	D	0.32%
IBM	C	0.32%
ERIE	D	0.32%
NEE	D	0.31%
NTRS	A	0.31%
DG	F	0.31%
APTV	D	0.31%
OKE	A	0.31%
ED	D	0.31%
JPM	A	0.3%
BAC	A	0.3%
CEG	D	0.3%
FTNT	C	0.3%
CHTR	C	0.3%
GRMN	B	0.3%
BKNG	A	0.3%
NOW	A	0.29%
ALNY	D	0.29%
RF	A	0.29%
ZM	B	0.29%
AKAM	D	0.29%
BAH	F	0.29%
NVDA	C	0.29%
STT	A	0.28%
LUV	C	0.28%
FITB	A	0.28%
PKG	A	0.28%
USB	A	0.28%
TRV	B	0.28%
FSLR	F	0.27%
PCG	A	0.27%
TDY	B	0.27%
JBHT	C	0.27%
TTD	B	0.27%
WELL	A	0.27%
CASY	A	0.27%
BSX	B	0.27%
HLT	A	0.27%
ISRG	A	0.27%
CSX	B	0.26%
LNT	A	0.26%
BRK.A	B	0.26%
PPL	B	0.26%
TYL	B	0.26%
WEC	A	0.26%
MANH	D	0.25%
EIX	B	0.25%
DE	A	0.25%
CMS	C	0.25%
SPGI	C	0.25%
ICE	C	0.25%
SSNC	B	0.25%
D	C	0.25%
EQR	B	0.25%
PEG	A	0.25%
PSA	D	0.24%
HRL	D	0.24%
PPG	F	0.24%
GPC	D	0.23%
RJF	A	0.23%
CE	F	0.23%
CARR	D	0.23%
GIS	D	0.22%
HUM	C	0.22%
BBY	D	0.22%
TSLA	B	0.22%
APO	B	0.22%
TDG	D	0.22%
KHC	F	0.22%
STX	D	0.22%
DOW	F	0.21%
BIIB	F	0.21%
KDP	D	0.21%
EFX	F	0.21%
ELV	F	0.2%
CPAY	A	0.2%
DIS	B	0.2%
NDAQ	A	0.19%
APD	A	0.19%
PNC	B	0.19%
MSTR	C	0.19%
DELL	C	0.19%
KEY	B	0.19%
IR	B	0.18%
HUBB	B	0.18%
AJG	B	0.18%
IEX	B	0.18%
PRU	A	0.18%
RGA	A	0.18%
SPG	B	0.18%
WSO	A	0.18%
J	F	0.18%
WRB	A	0.18%
NWSA	B	0.18%
ETN	A	0.18%
KIM	A	0.18%
TSN	B	0.18%
PYPL	B	0.18%
LVS	C	0.17%
SO	D	0.17%
CSL	C	0.17%
FNF	B	0.17%
UPS	C	0.17%
MAA	B	0.17%
DRI	B	0.17%
PFG	D	0.17%
LHX	C	0.17%
WY	D	0.16%
UBER	D	0.16%
CI	F	0.16%
AWK	D	0.16%
FE	C	0.16%
FTV	C	0.16%
GD	F	0.16%
TSCO	D	0.16%
ECL	D	0.16%
NTAP	C	0.16%
CTVA	C	0.16%
MDT	D	0.16%
KO	D	0.15%
ARE	D	0.15%
CPB	D	0.15%
O	D	0.15%
XYL	D	0.15%
CL	D	0.15%
DOC	D	0.15%
COIN	C	0.15%
EXR	D	0.15%
LLY	F	0.14%
WLK	D	0.14%
MOH	F	0.14%
AMT	D	0.14%
WMB	A	0.11%
MPWR	F	0.11%
RPM	A	0.1%
MAR	B	0.1%
CBOE	B	0.09%
MET	A	0.09%
HD	A	0.09%
AVB	B	0.09%
MSCI	C	0.09%
CMG	B	0.09%
WST	C	0.09%
ESS	B	0.09%
EQIX	A	0.09%
ABT	B	0.09%
SBUX	A	0.09%
RSG	A	0.09%
HPQ	B	0.09%
DOV	A	0.09%
NSC	B	0.09%
ORLY	B	0.09%
GOOGL	C	0.09%
APH	A	0.09%
ARES	A	0.09%
ODFL	B	0.09%
JCI	C	0.09%
SYK	C	0.09%
AMZN	C	0.09%
MKL	A	0.09%
AON	A	0.09%
MO	A	0.09%
BLK	C	0.09%
RIVN	F	0.08%
AVY	D	0.08%
MKC	D	0.08%
MAS	D	0.08%
SBAC	D	0.08%
NOC	D	0.08%
BDX	F	0.08%
MU	D	0.08%
MCD	D	0.08%
VICI	C	0.08%
GLPI	C	0.08%
NDSN	B	0.08%
OTIS	C	0.08%
WAT	B	0.08%
ROL	B	0.08%
ACN	C	0.08%
MMC	B	0.08%
LOW	D	0.08%
AZO	C	0.08%
VRTX	F	0.08%
IQV	D	0.07%
TMO	F	0.07%
CAG	D	0.07%
RVTY	F	0.07%
BLD	D	0.07%
WSM	B	0.07%
AMGN	D	0.07%
FCX	D	0.07%
CCI	D	0.07%

FEX Underweight 39 Positions Relative to SPHQ

Symbol	Grade	Weight
V	A	-5.29%
MSFT	F	-4.5%
PG	A	-3.89%
ADBE	C	-2.87%
QCOM	F	-2.2%
ADP	B	-2.01%
INTU	C	-1.83%
AMAT	F	-1.68%
ITW	B	-1.16%
LRCX	F	-1.06%
FAST	B	-0.59%
KVUE	A	-0.46%
COR	B	-0.46%
VRSK	A	-0.45%
MLM	B	-0.44%
MCHP	D	-0.43%
ROK	B	-0.4%
IDXX	F	-0.4%
MNST	C	-0.4%
LULU	C	-0.38%
A	D	-0.37%
EA	A	-0.37%
VMC	B	-0.37%
BALL	D	-0.27%
K	A	-0.26%
CDW	F	-0.25%
STE	F	-0.2%
BAX	D	-0.19%
JBL	B	-0.19%
FFIV	B	-0.15%
CHRW	C	-0.14%
JKHY	D	-0.13%
AOS	F	-0.11%
APA	D	-0.1%
MKTX	D	-0.1%
BWA	D	-0.1%
PAYC	B	-0.1%
RL	B	-0.09%
SOLV	C	-0.09%