FNK vs. FFLV ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to Fidelity Fundamental Large Cap Value ETF (FFLV)

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

$57.37

Average Daily Volume

9,876

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

FFLV

Fidelity Fundamental Large Cap Value ETF

FFLV Description

The fund will normally invest at least 80% of the fund"s assets in equity securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.11

Average Daily Volume

884

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	FNK	FFLV
30 Days	7.85%	4.61%
60 Days	5.62%	5.50%
90 Days	5.60%	6.74%
12 Months	27.99%

31 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in FFLV	Overlap
AAP	C	0.59%	0.31%	0.31%
AFG	A	0.15%	0.87%	0.15%
AR	B	0.32%	0.2%	0.2%
BC	C	0.41%	0.58%	0.41%
CNXC	F	0.53%	0.67%	0.53%
DAR	C	0.66%	0.31%	0.31%
FAF	A	0.14%	0.38%	0.14%
FLR	B	0.16%	0.68%	0.16%
G	B	0.66%	0.26%	0.26%
GMS	B	0.48%	0.46%	0.46%
HOG	D	0.62%	0.3%	0.3%
HRI	B	0.59%	0.32%	0.32%
IPG	D	0.25%	0.42%	0.25%
LAD	A	0.68%	0.43%	0.43%
LPX	B	0.31%	0.36%	0.31%
MDU	D	0.55%	0.27%	0.27%
NXST	C	0.43%	0.22%	0.22%
OLN	D	0.37%	0.33%	0.33%
OMF	A	0.51%	0.24%	0.24%
ORI	A	0.31%	0.75%	0.31%
SIG	B	0.53%	0.2%	0.2%
SJM	D	0.4%	1.24%	0.4%
SLM	A	0.31%	0.28%	0.28%
SNX	C	0.42%	0.61%	0.42%
TEX	D	0.71%	0.21%	0.21%
TKR	D	0.26%	0.99%	0.26%
TPR	B	0.17%	0.17%	0.17%
UFPI	B	0.28%	0.46%	0.28%
UHAL	D	0.24%	0.8%	0.24%
WBS	A	0.56%	0.11%	0.11%
WCC	B	0.52%	0.58%	0.52%

FNK Overweight 192 Positions Relative to FFLV

Symbol	Grade	Weight
CNX	A	0.87%
MTDR	B	0.86%
OVV	B	0.85%
AGO	B	0.84%
NOG	A	0.84%
SM	B	0.81%
JXN	C	0.8%
HP	B	0.8%
OSK	B	0.79%
TAP	C	0.78%
PTEN	C	0.78%
CMC	B	0.78%
AL	B	0.77%
HCC	B	0.76%
ATKR	C	0.75%
AMG	B	0.75%
CIVI	D	0.74%
AMR	C	0.74%
PBF	D	0.73%
PVH	C	0.72%
CHRD	D	0.72%
NOV	C	0.72%
URBN	C	0.72%
UGI	A	0.71%
UNM	A	0.71%
MUR	D	0.71%
NFE	D	0.71%
RDN	C	0.71%
TMHC	B	0.71%
DINO	D	0.7%
MTG	C	0.7%
RNR	C	0.69%
CADE	B	0.68%
BWA	D	0.68%
LBRT	D	0.67%
RUSHA	C	0.66%
TPH	D	0.66%
APA	D	0.66%
OZK	B	0.65%
MGY	A	0.65%
DDS	B	0.65%
MHO	D	0.65%
LBRDK	C	0.65%
R	B	0.64%
CNO	A	0.64%
LNC	B	0.64%
RRC	B	0.64%
MTH	D	0.63%
MATX	C	0.63%
BEN	C	0.63%
ESNT	D	0.63%
LEA	D	0.63%
FMC	D	0.61%
GPI	A	0.61%
JAZZ	B	0.61%
COOP	B	0.61%
EVRG	A	0.6%
BKH	A	0.6%
PNW	B	0.6%
ADTN	A	0.6%
SR	A	0.59%
OTTR	C	0.59%
NFG	A	0.59%
GBDC	C	0.59%
ASO	F	0.58%
BCC	B	0.58%
FHN	A	0.57%
BBWI	D	0.57%
HST	C	0.57%
KRC	C	0.57%
SOLV	C	0.56%
MOS	F	0.56%
M	D	0.56%
AVT	C	0.56%
POR	C	0.56%
DXC	B	0.55%
SUM	B	0.54%
ZION	B	0.54%
KBH	D	0.52%
FNB	A	0.51%
ALK	C	0.51%
COLB	A	0.51%
CLF	F	0.51%
UHS	D	0.5%
ARW	D	0.5%
SANM	B	0.49%
VLY	B	0.49%
AMKR	D	0.48%
BYD	C	0.48%
ABG	B	0.47%
AXS	A	0.47%
SWX	B	0.46%
OGE	B	0.46%
BERY	B	0.46%
JBL	B	0.46%
OGS	A	0.45%
GL	B	0.45%
WHR	B	0.45%
INGR	B	0.44%
RIG	D	0.44%
PAG	B	0.43%
THO	B	0.43%
POST	C	0.41%
ENS	D	0.41%
LKQ	D	0.41%
SON	D	0.4%
AN	C	0.4%
EMN	D	0.4%
WU	D	0.39%
ASH	D	0.38%
BECN	B	0.36%
AEO	F	0.35%
PII	D	0.35%
WTFC	A	0.35%
MLI	C	0.35%
SEIC	B	0.34%
OGN	D	0.34%
UBSI	B	0.33%
CMA	A	0.33%
HGV	B	0.33%
PB	A	0.33%
IDA	A	0.33%
CRC	B	0.32%
ACA	A	0.32%
BOKF	B	0.32%
ABCB	B	0.32%
HII	D	0.32%
AIZ	A	0.32%
VNT	B	0.32%
HWC	B	0.32%
PNM	F	0.31%
SLGN	A	0.3%
KNX	B	0.3%
CUZ	B	0.3%
MIDD	C	0.29%
COLM	B	0.29%
JWN	C	0.29%
KFY	B	0.29%
WTRG	B	0.29%
CRL	C	0.28%
MSM	C	0.28%
AGCO	D	0.28%
FIVE	F	0.28%
ALKS	B	0.28%
ASGN	F	0.27%
REYN	D	0.26%
WPC	D	0.26%
TNET	D	0.26%
SKX	D	0.26%
MMS	F	0.25%
DIOD	D	0.24%
PNFP	B	0.18%
UMBF	B	0.17%
EPAM	C	0.17%
JEF	A	0.17%
SSB	B	0.16%
RHI	B	0.16%
AUB	B	0.16%
GXO	B	0.16%
UCB	A	0.16%
AVNT	B	0.15%
FELE	B	0.15%
HSIC	B	0.15%
WTS	B	0.15%
SKY	A	0.15%
PRGO	B	0.15%
NJR	A	0.15%
VOYA	B	0.15%
WAL	B	0.15%
ALIT	C	0.15%
DNB	B	0.15%
SEM	B	0.15%
BJ	A	0.15%
MUSA	A	0.15%
PFGC	B	0.15%
RYN	D	0.14%
FUL	F	0.14%
WD	D	0.14%
TTC	D	0.14%
MGM	D	0.14%
BPOP	B	0.14%
STWD	C	0.14%
SEE	C	0.14%
MAT	D	0.14%
LSTR	D	0.14%
IVZ	B	0.14%
CZR	F	0.13%
IAC	D	0.13%
LFUS	F	0.13%
FBIN	D	0.12%
NSP	D	0.12%
OPCH	D	0.1%

FNK Underweight 77 Positions Relative to FFLV

Symbol	Grade	Weight
XOM	B	-4.54%
JPM	A	-4.36%
CSCO	B	-3.48%
WFC	A	-3.09%
HIG	B	-2.6%
BAC	A	-2.34%
CMCSA	B	-2.31%
UNH	C	-2.23%
TRV	B	-2.2%
JNJ	D	-2.03%
ELV	F	-1.96%
KVUE	A	-1.95%
JCI	C	-1.84%
FDX	B	-1.7%
PLD	D	-1.66%
CI	F	-1.59%
EIX	B	-1.58%
USFD	A	-1.49%
PCG	A	-1.49%
ALSN	B	-1.38%
APO	B	-1.37%
WELL	A	-1.32%
CVS	D	-1.21%
AZN	D	-1.09%
BRK.A	B	-1.04%
WLK	D	-1.01%
RJF	A	-1.01%
CNC	D	-0.96%
MCHP	D	-0.94%
SRE	A	-0.89%
COR	B	-0.88%
MRK	F	-0.88%
TSM	B	-0.86%
TRGP	B	-0.84%
DOX	D	-0.84%
GEN	B	-0.83%
GPK	C	-0.82%
KDP	D	-0.8%
CB	C	-0.76%
GDDY	A	-0.7%
RRX	B	-0.69%
LMT	D	-0.68%
TPX	B	-0.67%
PSA	D	-0.65%
LW	C	-0.65%
BCO	D	-0.6%
XPO	B	-0.58%
LOW	D	-0.58%
KO	D	-0.57%
CG	A	-0.56%
AES	F	-0.54%
ALLY	C	-0.54%
CEG	D	-0.52%
KEY	B	-0.52%
HPQ	B	-0.47%
SW	A	-0.47%
VST	B	-0.46%
GPN	B	-0.44%
APTV	D	-0.39%
GTES	A	-0.38%
DOOO	F	-0.37%
CC	C	-0.31%
LITE	B	-0.29%
CPT	B	-0.28%
HRB	D	-0.27%
UPBD	B	-0.26%
BG	F	-0.25%
PM	B	-0.22%
VSTS	C	-0.22%
CIEN	B	-0.22%
COMP	B	-0.2%
SNY	F	-0.17%
CCI	D	-0.14%
MOH	F	-0.13%
EWBC	A	-0.13%
FCNCA	A	-0.12%
FTRE	D	-0.07%