FNK vs. ESML ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to iShares MSCI USA Small-Cap ESG Optimized ETF (ESML)

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid 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 MidCap 400(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

$54.28

Average Daily Volume

11,406

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

ESML

iShares MSCI USA Small-Cap ESG Optimized ETF

ESML Description

The investment seeks to track the investment results of the MSCI USA Small Cap Extended ESG Focus Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is an optimized equity index designed to produce investment results comparable to the MSCI USA Small Cap Index (the "parent index"), while reflecting a higher allocation than that of the parent index to U.S. small-capitalization companies with favorable ESG profiles. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.76

Average Daily Volume

115,886

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNK	ESML
30 Days	1.75%	2.83%
60 Days	0.67%	2.26%
90 Days	6.47%	9.29%
12 Months	22.92%	25.12%

2 Overlapping Holdings

	Symbol	Grade	Weight in FNK	Weight in ESML	Overlap
	JLL	B	0.18%	0.35%	0.18%
	USFD	B	0.16%	0.47%	0.16%

FNK Overweight 221 Positions Relative to ESML

Symbol	Grade	Weight
MHO	B	0.97%
TMHC	B	0.88%
MTH	C	0.88%
GPI	B	0.87%
KBH	B	0.87%
RUSHA	C	0.86%
MTG	B	0.84%
RNR	B	0.84%
RDN	C	0.81%
ESNT	B	0.81%
JXN	B	0.81%
LBRDK	F	0.8%
HOG	C	0.8%
AMG	C	0.79%
LAD	C	0.79%
ASO	C	0.79%
FYBR	C	0.78%
FMC	C	0.78%
TAP	D	0.77%
ESGR	D	0.75%
CNXC	F	0.74%
AGO	C	0.74%
SIG	C	0.73%
BTU	D	0.72%
UHS	B	0.72%
VLY	C	0.71%
SEB	C	0.7%
THC	B	0.7%
COLB	B	0.7%
TEX	F	0.69%
G	C	0.69%
KRC	B	0.69%
TPH	C	0.68%
PNW	B	0.68%
LBRT	D	0.68%
DAR	F	0.68%
NOG	D	0.67%
BCC	C	0.67%
WTM	D	0.67%
OGS	B	0.66%
AL	D	0.66%
AGCO	D	0.66%
COOP	C	0.66%
EVRG	B	0.66%
SM	D	0.65%
DXC	C	0.64%
BKH	B	0.64%
NFG	B	0.64%
R	B	0.64%
CADE	C	0.64%
PVH	F	0.64%
POR	C	0.64%
GMS	D	0.63%
CHK	D	0.63%
BYD	C	0.63%
MDU	B	0.62%
MOS	F	0.62%
UNM	B	0.62%
HP	D	0.61%
CVI	F	0.61%
ARW	C	0.6%
NOV	D	0.6%
MTDR	F	0.6%
DINO	F	0.6%
WBS	D	0.59%
MUR	F	0.59%
OVV	F	0.59%
AN	D	0.59%
OZK	D	0.58%
BWA	D	0.57%
MATX	C	0.57%
OGN	D	0.57%
PTEN	F	0.56%
WAL	B	0.56%
AVT	C	0.56%
ABG	D	0.55%
GL	C	0.55%
LNC	D	0.54%
CLF	F	0.54%
MGY	C	0.54%
CUZ	B	0.54%
ADTN	D	0.53%
MLI	B	0.53%
CMC	D	0.53%
OSK	D	0.53%
LEA	F	0.52%
URBN	D	0.51%
PNFP	A	0.51%
NI	B	0.51%
PBF	F	0.5%
BERY	C	0.49%
OGE	B	0.49%
AXS	B	0.48%
SON	D	0.47%
ONB	C	0.47%
BC	C	0.47%
UFPI	C	0.47%
AGNC	B	0.47%
APA	F	0.47%
ALLY	D	0.47%
EMN	B	0.46%
HII	D	0.46%
WTFC	C	0.46%
UTHR	C	0.46%
THO	D	0.46%
EWBC	D	0.46%
PAG	D	0.45%
KNX	D	0.45%
PII	D	0.45%
CHRD	F	0.45%
ALK	C	0.44%
JAZZ	D	0.44%
WCC	D	0.44%
FNB	D	0.44%
NRG	A	0.44%
FHN	D	0.43%
NXST	D	0.43%
TKR	D	0.43%
SANM	D	0.43%
VAL	F	0.42%
CZR	C	0.42%
WU	D	0.41%
AEO	D	0.41%
OMF	D	0.41%
OLN	D	0.39%
ASH	D	0.39%
RRC	D	0.37%
DNB	D	0.36%
UMBF	B	0.36%
ATKR	F	0.36%
SSB	B	0.36%
GAP	F	0.36%
IPGP	F	0.35%
ABCB	B	0.35%
FAF	C	0.35%
LNT	B	0.34%
PB	B	0.34%
DDS	D	0.34%
LPX	B	0.34%
SLGN	B	0.34%
ORI	B	0.33%
UBSI	C	0.33%
AIZ	B	0.33%
M	F	0.33%
SAIC	C	0.33%
IDA	C	0.32%
NJR	B	0.32%
IAC	C	0.32%
HOMB	C	0.32%
CMA	A	0.32%
REYN	B	0.32%
BOKF	B	0.32%
ZION	D	0.31%
RYN	C	0.31%
AYI	A	0.31%
DTM	A	0.31%
PRGO	F	0.31%
MIDD	D	0.31%
BBWI	F	0.31%
SEIC	C	0.3%
GT	F	0.3%
HWC	D	0.3%
UGI	C	0.3%
COLM	C	0.3%
WTRG	D	0.3%
ASGN	D	0.3%
SLM	D	0.29%
SWX	C	0.29%
SKX	D	0.28%
WHR	C	0.28%
DKS	D	0.28%
SNX	D	0.28%
BECN	D	0.27%
ENS	D	0.27%
HGV	D	0.26%
CROX	D	0.26%
RIG	F	0.24%
CAR	F	0.21%
AMKR	F	0.21%
SKY	C	0.2%
VNO	B	0.2%
CCK	A	0.18%
MAT	C	0.17%
TFX	C	0.17%
JEF	B	0.17%
AFG	B	0.16%
BXMT	C	0.16%
BPOP	C	0.16%
SNV	C	0.16%
NVST	D	0.16%
CACI	B	0.16%
PCH	C	0.16%
IP	C	0.16%
HLI	A	0.16%
MMS	C	0.15%
NEOG	D	0.15%
SUM	D	0.15%
FUL	D	0.15%
RGA	B	0.15%
VOYA	B	0.15%
AVNT	B	0.15%
IVZ	B	0.15%
HSIC	D	0.15%
EHC	B	0.15%
SEE	D	0.14%
KWR	D	0.14%
CRUS	D	0.14%
SIGI	D	0.14%
BHF	D	0.14%
LFUS	C	0.14%
RHI	D	0.14%
LSTR	F	0.14%
PARA	F	0.14%
KEX	C	0.14%
SEM	D	0.14%
GXO	D	0.14%
BJ	D	0.13%
CACC	F	0.13%
LANC	D	0.13%
AR	D	0.12%
AAP	F	0.09%

FNK Underweight 7 Positions Relative to ESML

Symbol	Grade	Weight
CASY	D	-0.49%
JHG	B	-0.45%
KBR	D	-0.43%
REXR	C	-0.4%
INGR	B	-0.4%
MUSA	D	-0.36%
FTI	D	-0.35%