FNK vs. FVD ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to First Trust VL Dividend (FVD)

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

$54.29

Average Daily Volume

10,619

Number of Holdings ^*

224

* may have additional holdings in another (foreign) market

FVD

First Trust VL Dividend

FVD 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 Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$45.07

Average Daily Volume

685,588

Number of Holdings ^*

193

* may have additional holdings in another (foreign) market

Performance

Period	FNK	FVD
30 Days	2.49%	1.41%
60 Days	7.30%	7.62%
90 Days	8.83%	11.68%
12 Months	27.71%	25.55%

24 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in FVD	Overlap
AIZ	B	0.34%	0.48%	0.34%
DTM	A	0.32%	0.48%	0.32%
EVRG	C	0.65%	0.48%	0.48%
G	A	0.68%	0.48%	0.48%
HII	F	0.45%	0.47%	0.45%
HLI	A	0.17%	0.47%	0.17%
IDA	D	0.31%	0.48%	0.31%
LANC	F	0.13%	0.48%	0.13%
LNT	B	0.33%	0.48%	0.33%
MMS	C	0.15%	0.49%	0.15%
NFG	A	0.62%	0.46%	0.46%
NI	A	0.51%	0.48%	0.48%
NJR	C	0.3%	0.47%	0.3%
OGS	C	0.64%	0.48%	0.48%
POR	D	0.62%	0.48%	0.48%
REYN	D	0.3%	0.48%	0.3%
RHI	D	0.15%	0.48%	0.15%
SEIC	B	0.3%	0.48%	0.3%
SIGI	D	0.14%	0.48%	0.14%
SLGN	B	0.34%	0.49%	0.34%
SNX	C	0.28%	0.48%	0.28%
SON	D	0.45%	0.48%	0.45%
SWX	C	0.29%	0.48%	0.29%
WTRG	D	0.29%	0.48%	0.29%

FNK Overweight 200 Positions Relative to FVD

Symbol	Grade	Weight
LBRDK	C	1.01%
MHO	C	0.96%
TMHC	C	0.88%
MTH	C	0.88%
GPI	C	0.88%
RNR	A	0.86%
JXN	A	0.86%
RUSHA	D	0.85%
LAD	C	0.85%
KBH	D	0.84%
MTG	A	0.83%
BTU	B	0.82%
AMG	B	0.81%
FMC	C	0.8%
ESNT	A	0.79%
RDN	D	0.78%
TAP	D	0.78%
FYBR	C	0.76%
HOG	D	0.76%
AGO	B	0.74%
SIG	C	0.74%
ASO	D	0.73%
ESGR	C	0.73%
CHK	C	0.71%
COLB	C	0.71%
NOG	D	0.7%
SEB	F	0.7%
VLY	C	0.7%
AGCO	D	0.7%
DAR	F	0.69%
TPH	C	0.68%
WTM	C	0.68%
UHS	D	0.68%
SM	D	0.68%
KRC	C	0.68%
BCC	C	0.68%
THC	D	0.68%
MOS	F	0.66%
PNW	C	0.66%
TEX	F	0.66%
LBRT	D	0.66%
AL	D	0.65%
R	C	0.65%
BYD	B	0.65%
UNM	A	0.65%
HP	D	0.63%
GMS	B	0.63%
PVH	D	0.63%
COOP	B	0.63%
BWA	C	0.62%
OVV	D	0.62%
CVI	D	0.62%
BKH	C	0.62%
CADE	B	0.61%
MDU	C	0.61%
ARW	C	0.61%
AN	D	0.61%
MATX	C	0.6%
MTDR	D	0.6%
MUR	F	0.59%
DINO	F	0.59%
CLF	D	0.59%
DXC	C	0.59%
NOV	F	0.59%
AVT	B	0.58%
OZK	D	0.57%
WBS	D	0.57%
CNXC	F	0.57%
WAL	C	0.56%
MGY	B	0.56%
ABG	D	0.56%
LNC	B	0.55%
GL	C	0.54%
PTEN	F	0.54%
CMC	D	0.54%
ADTN	C	0.53%
CUZ	C	0.53%
LEA	F	0.53%
MLI	B	0.53%
OSK	F	0.52%
NRG	A	0.5%
URBN	F	0.5%
OGN	F	0.5%
OGE	C	0.49%
UFPI	C	0.49%
ALLY	F	0.49%
APA	F	0.49%
PNFP	B	0.49%
THO	C	0.49%
PBF	F	0.48%
AXS	A	0.48%
UTHR	C	0.47%
AEO	C	0.47%
BC	C	0.47%
EMN	C	0.47%
BERY	C	0.47%
ALK	C	0.46%
EWBC	B	0.46%
PAG	D	0.45%
AGNC	B	0.45%
CZR	B	0.45%
TKR	B	0.44%
CHRD	F	0.44%
KNX	D	0.44%
ONB	D	0.44%
PII	D	0.44%
WCC	D	0.44%
WTFC	B	0.44%
JAZZ	F	0.43%
VAL	F	0.42%
NXST	D	0.42%
FNB	D	0.42%
OLN	D	0.42%
SANM	D	0.42%
WU	D	0.41%
FHN	D	0.4%
OMF	D	0.39%
RRC	D	0.39%
ASH	F	0.38%
GAP	F	0.37%
LPX	C	0.37%
IPGP	D	0.36%
SSB	C	0.35%
ATKR	F	0.35%
AYI	A	0.35%
DDS	D	0.35%
DNB	D	0.35%
M	D	0.34%
UMBF	C	0.34%
SAIC	A	0.34%
FAF	C	0.34%
BBWI	F	0.33%
ABCB	C	0.33%
GT	F	0.32%
CMA	C	0.32%
ORI	A	0.32%
PB	D	0.32%
HOMB	D	0.31%
RYN	C	0.31%
MIDD	D	0.31%
UBSI	D	0.31%
IAC	C	0.31%
BOKF	B	0.31%
ZION	D	0.3%
SLM	B	0.3%
UGI	C	0.3%
ASGN	D	0.3%
HWC	D	0.29%
WHR	C	0.29%
COLM	B	0.29%
ENS	B	0.27%
DKS	D	0.27%
SKX	B	0.27%
CROX	C	0.27%
PRGO	F	0.27%
BECN	D	0.26%
HGV	F	0.25%
RIG	F	0.23%
CAR	D	0.23%
AMKR	F	0.21%
VNO	B	0.21%
SKY	C	0.2%
FBIN	C	0.19%
JEF	A	0.18%
CCK	C	0.18%
JLL	C	0.18%
IVZ	A	0.17%
EHC	C	0.16%
HSIC	D	0.16%
IP	C	0.16%
VOYA	A	0.16%
AVNT	C	0.16%
PCH	C	0.16%
NVST	D	0.16%
TFX	C	0.16%
USFD	C	0.16%
MAT	B	0.16%
CACI	A	0.16%
BXMT	C	0.15%
SNV	D	0.15%
RGA	B	0.15%
BPOP	D	0.15%
AFG	A	0.15%
KWR	F	0.14%
SEM	D	0.14%
GXO	D	0.14%
LSTR	F	0.14%
PARA	F	0.14%
NEOG	F	0.14%
LFUS	C	0.14%
FUL	F	0.14%
SUM	F	0.14%
BHF	D	0.14%
SEE	C	0.14%
KEX	C	0.14%
AR	C	0.13%
CXT	F	0.13%
CRUS	D	0.13%
BJ	B	0.13%
AAP	F	0.08%

FNK Underweight 169 Positions Relative to FVD

Symbol	Grade	Weight
RIO	B	-0.53%
TSM	B	-0.52%
OTIS	A	-0.52%
ACN	B	-0.51%
CAT	A	-0.51%
PPG	D	-0.51%
YUM	C	-0.51%
AOS	C	-0.51%
MMM	C	-0.5%
AVY	D	-0.5%
ADI	B	-0.5%
SCL	D	-0.5%
TSCO	A	-0.5%
LECO	D	-0.5%
DEO	C	-0.5%
CMI	A	-0.5%
UPS	D	-0.5%
EMR	B	-0.5%
NKE	D	-0.5%
DLB	D	-0.5%
KMB	D	-0.49%
NEU	F	-0.49%
CMCSA	B	-0.49%
TEL	D	-0.49%
T	B	-0.49%
SJM	D	-0.49%
BLK	A	-0.49%
WSO	C	-0.49%
TJX	D	-0.49%
VZ	C	-0.49%
BRC	C	-0.49%
DOX	B	-0.49%
CHRW	C	-0.49%
UVV	D	-0.49%
BDX	C	-0.49%
MSM	D	-0.49%
TROW	D	-0.49%
INFY	B	-0.49%
CME	A	-0.49%
HD	A	-0.49%
CSCO	A	-0.49%
LOW	C	-0.49%
IBM	A	-0.49%
AZN	D	-0.49%
CTSH	B	-0.49%
MCD	A	-0.49%
HON	C	-0.49%
IEX	D	-0.49%
SNA	C	-0.49%
JCI	C	-0.49%
IOSP	F	-0.49%
DCI	B	-0.49%
INGR	B	-0.49%
SXT	C	-0.49%
HMC	D	-0.49%
MS	A	-0.49%
ITW	C	-0.49%
SBUX	B	-0.49%
TM	D	-0.49%
APD	C	-0.49%
TXN	C	-0.49%
GNTX	D	-0.49%
PEP	F	-0.48%
TRV	B	-0.48%
KDP	C	-0.48%
KR	C	-0.48%
EXC	C	-0.48%
PFE	D	-0.48%
ADP	A	-0.48%
SR	D	-0.48%
GILD	A	-0.48%
JNJ	D	-0.48%
ABBV	C	-0.48%
TD	B	-0.48%
BK	A	-0.48%
ED	C	-0.48%
WM	B	-0.48%
ES	D	-0.48%
PAYX	B	-0.48%
JPM	C	-0.48%
THG	A	-0.48%
CB	A	-0.48%
SNY	C	-0.48%
BAX	D	-0.48%
PPL	C	-0.48%
NSC	C	-0.48%
DTE	B	-0.48%
NVS	D	-0.48%
WEC	B	-0.48%
GRMN	D	-0.48%
PEG	A	-0.48%
LMT	A	-0.48%
CMS	A	-0.48%
KO	C	-0.48%
MDT	C	-0.48%
ATO	A	-0.48%
JKHY	A	-0.48%
CSX	D	-0.48%
ETR	A	-0.48%
MMC	D	-0.48%
MDLZ	D	-0.48%
EQIX	C	-0.48%
PG	D	-0.48%
UNP	F	-0.48%
CNI	D	-0.48%
GIS	C	-0.48%
FLO	D	-0.48%
FAST	C	-0.48%
CL	D	-0.48%
BTI	D	-0.48%
PINC	F	-0.48%
PM	D	-0.48%
AGR	C	-0.48%
BAH	C	-0.48%
JNPR	C	-0.48%
GS	B	-0.48%
WDFC	B	-0.48%
K	B	-0.48%
XEL	C	-0.48%
RTX	A	-0.48%
AFL	A	-0.48%
MKC	C	-0.48%
GSK	F	-0.48%
MO	D	-0.48%
PKG	B	-0.48%
ALE	A	-0.48%
BMY	A	-0.48%
UNH	B	-0.48%
HRL	F	-0.48%
DGX	D	-0.48%
NWN	D	-0.48%
KHC	F	-0.48%
TMUS	A	-0.48%
WERN	D	-0.48%
JJSF	C	-0.48%
AEE	A	-0.48%
BR	B	-0.48%
UL	D	-0.48%
POOL	D	-0.48%
CAG	D	-0.48%
DE	C	-0.48%
MSEX	C	-0.47%
GATX	F	-0.47%
CBSH	D	-0.47%
LHX	A	-0.47%
SRE	C	-0.47%
GD	C	-0.47%
HSY	D	-0.47%
PSA	C	-0.47%
OTTR	F	-0.47%
CWT	D	-0.47%
MRK	F	-0.47%
ALL	A	-0.47%
CPB	D	-0.47%
NDAQ	C	-0.47%
CNA	D	-0.47%
DUK	C	-0.47%
CALM	A	-0.47%
ABT	C	-0.47%
CLX	C	-0.47%
AEP	C	-0.47%
SO	A	-0.47%
NOC	B	-0.47%
TAK	D	-0.47%
CPK	C	-0.47%
AMGN	D	-0.46%
XOM	A	-0.46%
CVX	B	-0.46%
AWR	B	-0.46%