FNK vs. SBB ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to ProShares Short SmallCap600 (SBB)

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

$52.64

Average Daily Volume

19,551

Number of Holdings ^*

222

* may have additional holdings in another (foreign) market

SBB

ProShares Short SmallCap600

SBB Description

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.04

Average Daily Volume

4,854

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNK	SBB
30 Days	-0.72%	0.58%
60 Days	2.41%	0.39%
90 Days	6.98%	-2.99%
12 Months	28.02%	-12.43%

12 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in SBB	Overlap
ABCB	B	0.47%	0.36%	0.36%
COLB	C	0.64%	0.35%	0.35%
CROX	C	0.27%	0.36%	0.27%
DAR	D	0.57%	0.61%	0.57%
FUL	C	0.15%	0.32%	0.15%
LAD	D	0.67%	0.41%	0.41%
MTH	A	0.75%	0.3%	0.3%
NEOG	F	0.12%	0.47%	0.12%
ONB	A	0.61%	0.4%	0.4%
SANM	B	0.62%	0.31%	0.31%
SEM	A	0.29%	0.33%	0.29%
UFPI	C	0.43%	0.38%	0.38%

FNK Overweight 210 Positions Relative to SBB

Symbol	Grade	Weight
AIRC	A	0.93%
SEB	C	0.8%
LBRT	B	0.8%
WTM	B	0.8%
NOG	B	0.79%
RRC	B	0.79%
GPI	B	0.79%
NFG	A	0.78%
CHK	B	0.77%
CHRD	B	0.77%
OVV	B	0.77%
AL	C	0.77%
SIG	D	0.76%
ARW	B	0.76%
MUR	B	0.76%
AVT	A	0.76%
MATX	B	0.74%
NOV	C	0.74%
ESGR	C	0.74%
SM	B	0.74%
CMC	C	0.73%
MOS	F	0.73%
KBH	C	0.73%
RNR	D	0.73%
HP	F	0.72%
AGCO	D	0.72%
MTDR	D	0.72%
MTG	C	0.72%
IAC	C	0.71%
ESNT	C	0.71%
RDN	C	0.71%
TMHC	C	0.71%
PBF	D	0.71%
FMC	C	0.71%
AGO	D	0.7%
BTU	F	0.7%
APA	F	0.7%
UTHR	A	0.7%
DINO	F	0.7%
ABG	C	0.7%
PTEN	F	0.69%
VAL	C	0.67%
MHO	D	0.67%
WIRE	B	0.67%
MLI	A	0.66%
CNXC	D	0.66%
JXN	A	0.66%
POR	B	0.66%
OGS	B	0.64%
ALE	B	0.64%
BKH	B	0.64%
R	A	0.64%
OGE	A	0.64%
COOP	A	0.63%
OZK	B	0.63%
SON	C	0.62%
AN	B	0.62%
MDU	A	0.62%
EVRG	B	0.62%
UNM	B	0.61%
ADTN	D	0.61%
TPH	A	0.61%
CADE	B	0.61%
BWA	B	0.6%
AMG	D	0.6%
MGY	B	0.6%
ALLY	B	0.6%
FYBR	B	0.6%
BERY	D	0.6%
G	D	0.59%
VLY	F	0.58%
KRC	D	0.57%
URBN	C	0.56%
LBRDK	F	0.56%
TEX	C	0.55%
LEA	F	0.54%
ASO	D	0.53%
AR	A	0.53%
TAP	F	0.53%
CVI	F	0.52%
HOG	D	0.5%
BYD	F	0.5%
RUSHA	D	0.5%
HWC	B	0.48%
DTM	A	0.48%
NI	A	0.48%
SNX	A	0.48%
OMF	B	0.47%
OGN	B	0.47%
PNW	B	0.47%
FNB	B	0.46%
ZION	B	0.46%
ENS	B	0.46%
FHN	B	0.46%
BOKF	A	0.46%
ALK	C	0.46%
EMN	B	0.45%
CUZ	B	0.45%
GMS	C	0.45%
IPGP	D	0.44%
CMA	B	0.44%
UHS	D	0.44%
WU	C	0.44%
NXST	C	0.44%
PAG	F	0.44%
WTFC	B	0.44%
AMKR	C	0.44%
WCC	B	0.43%
OSK	D	0.43%
M	D	0.43%
WAL	B	0.43%
JAZZ	D	0.43%
ATKR	D	0.43%
OLN	C	0.42%
DXC	F	0.42%
DDS	B	0.42%
BCC	D	0.41%
WBS	D	0.41%
KNX	D	0.4%
CZR	F	0.39%
TPR	D	0.39%
PII	F	0.39%
CAR	D	0.37%
PVH	D	0.37%
KEX	A	0.36%
CLF	F	0.35%
SKX	B	0.34%
IDA	B	0.33%
TKR	B	0.32%
COLM	B	0.32%
WTRG	B	0.32%
PRGO	D	0.32%
NJR	B	0.32%
ASH	A	0.31%
SLM	B	0.31%
HOMB	B	0.31%
SWX	A	0.31%
ORI	A	0.31%
BPOP	A	0.31%
BECN	B	0.31%
SAIC	C	0.31%
LNT	B	0.31%
HII	D	0.3%
PB	B	0.3%
AXS	A	0.3%
EWBC	A	0.3%
LFUS	B	0.3%
CACC	D	0.3%
SNV	C	0.29%
SSB	D	0.29%
PNFP	C	0.29%
ASGN	D	0.29%
HUN	C	0.29%
UMBF	B	0.29%
DNB	D	0.29%
SLGN	B	0.29%
SEIC	D	0.29%
UBSI	D	0.29%
BBWI	C	0.28%
HGV	D	0.28%
BXMT	F	0.28%
RYN	F	0.28%
IP	C	0.28%
GT	F	0.27%
BC	D	0.26%
THO	D	0.26%
WHR	F	0.25%
CCK	C	0.17%
NYCB	D	0.17%
CACI	A	0.17%
THC	A	0.17%
RGA	A	0.16%
AVNT	B	0.16%
BJ	B	0.16%
REYN	D	0.16%
EHC	A	0.16%
SF	A	0.16%
LANC	D	0.15%
JLL	C	0.15%
AIZ	D	0.15%
AGNC	C	0.15%
TFX	F	0.15%
SIGI	F	0.15%
USFD	C	0.15%
GMED	D	0.15%
CIEN	D	0.15%
AFG	D	0.15%
PFSI	B	0.15%
MMS	C	0.15%
JEF	B	0.15%
SEE	C	0.14%
IVZ	D	0.14%
LPX	D	0.14%
FAF	D	0.14%
RHI	D	0.14%
SUM	D	0.14%
DKS	B	0.14%
SKY	D	0.14%
VNO	F	0.14%
LSTR	D	0.14%
PENN	F	0.14%
BXP	F	0.14%
CRUS	C	0.14%
HSIC	D	0.14%
AYI	C	0.14%
GXO	D	0.14%
AEO	B	0.14%
MIDD	D	0.13%
GL	F	0.11%
GPS	D	0.11%

FNK Underweight 80 Positions Relative to SBB

Symbol	Grade	Weight
GBCI	C	-0.49%
BLD	D	-0.48%
JBT	F	-0.47%
EXPO	B	-0.47%
VIAV	F	-0.46%
OMCL	C	-0.46%
CBU	B	-0.46%
STRA	A	-0.45%
BCPC	C	-0.44%
NEO	C	-0.43%
SSD	D	-0.43%
SHOO	D	-0.42%
AVA	B	-0.42%
SKYW	B	-0.42%
B	C	-0.41%
AWR	C	-0.41%
UNF	D	-0.41%
AMN	D	-0.4%
CNMD	F	-0.4%
CCOI	F	-0.39%
ADC	B	-0.39%
POWI	D	-0.39%
ITRI	A	-0.39%
SFNC	D	-0.38%
MOG.A	A	-0.38%
BRC	B	-0.37%
CVBF	C	-0.37%
PRLB	F	-0.37%
ITGR	D	-0.37%
WTS	C	-0.36%
JJSF	C	-0.36%
QLYS	D	-0.36%
AEIS	D	-0.36%
INDB	C	-0.35%
WING	A	-0.35%
WWW	B	-0.35%
LCII	F	-0.35%
ABM	B	-0.34%
WDFC	D	-0.34%
FOXF	F	-0.34%
LXP	D	-0.34%
ESE	B	-0.33%
AEL	A	-0.33%
IOSP	C	-0.33%
AIT	C	-0.33%
IRDM	D	-0.33%
ARI	F	-0.33%
ROG	C	-0.32%
CWT	B	-0.32%
MEDP	C	-0.32%
MNRO	F	-0.32%
GTLS	B	-0.32%
SAIA	F	-0.32%
NSIT	A	-0.32%
LPSN	F	-0.32%
AIN	D	-0.31%
HI	D	-0.31%
DIOD	B	-0.31%
EBS	C	-0.31%
IVR	B	-0.31%
EXLS	C	-0.31%
FN	C	-0.31%
FELE	D	-0.3%
PMT	B	-0.3%
SPXC	A	-0.3%
ALGT	F	-0.3%
ENSG	D	-0.3%
KFY	D	-0.3%
FFBC	B	-0.3%
ACA	A	-0.29%
AAT	B	-0.29%
DORM	D	-0.29%
NMIH	A	-0.29%
PLXS	B	-0.29%
XHR	D	-0.29%
KWR	D	-0.28%
PRGS	D	-0.28%
FBP	A	-0.28%
AKR	B	-0.28%
NWN	B	-0.28%