FNK vs. SIXL ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

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

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$37.21

Average Daily Volume

3,999

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	FNK	SIXL
30 Days	1.75%	1.26%
60 Days	0.67%	4.64%
90 Days	6.47%	9.07%
12 Months	22.92%	18.88%

27 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in SIXL	Overlap
AFG	B	0.16%	0.41%	0.16%
AGO	C	0.74%	0.42%	0.42%
BJ	D	0.13%	0.43%	0.13%
CACI	B	0.16%	0.43%	0.16%
CCK	A	0.18%	0.41%	0.18%
CHK	D	0.63%	0.42%	0.42%
CHRD	F	0.45%	0.41%	0.41%
CVI	F	0.61%	0.4%	0.4%
DTM	A	0.31%	0.42%	0.31%
EHC	B	0.15%	0.42%	0.15%
EVRG	B	0.66%	0.42%	0.42%
JAZZ	D	0.44%	0.42%	0.42%
LANC	D	0.13%	0.41%	0.13%
MGY	C	0.54%	0.42%	0.42%
NFG	B	0.64%	0.42%	0.42%
NJR	B	0.32%	0.42%	0.32%
OGE	B	0.49%	0.42%	0.42%
ORI	B	0.33%	0.41%	0.33%
PNW	B	0.68%	0.42%	0.42%
RGA	B	0.15%	0.42%	0.15%
RHI	D	0.14%	0.42%	0.14%
RNR	B	0.84%	0.42%	0.42%
SIGI	D	0.14%	0.42%	0.14%
UNM	B	0.62%	0.42%	0.42%
UTHR	C	0.46%	0.41%	0.41%
WTRG	D	0.3%	0.41%	0.3%
WU	D	0.41%	0.39%	0.39%

FNK Overweight 196 Positions Relative to SIXL

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%
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%
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%
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%
SM	D	0.65%
DXC	C	0.64%
BKH	B	0.64%
R	B	0.64%
CADE	C	0.64%
PVH	F	0.64%
POR	C	0.64%
GMS	D	0.63%
BYD	C	0.63%
MDU	B	0.62%
MOS	F	0.62%
HP	D	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%
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%
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%
THO	D	0.46%
EWBC	D	0.46%
PAG	D	0.45%
KNX	D	0.45%
PII	D	0.45%
ALK	C	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%
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%
UBSI	C	0.33%
AIZ	B	0.33%
M	F	0.33%
SAIC	C	0.33%
IDA	C	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%
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%
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%
JLL	B	0.18%
MAT	C	0.17%
TFX	C	0.17%
JEF	B	0.17%
BXMT	C	0.16%
BPOP	C	0.16%
SNV	C	0.16%
NVST	D	0.16%
USFD	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%
VOYA	B	0.15%
AVNT	B	0.15%
IVZ	B	0.15%
HSIC	D	0.15%
SEE	D	0.14%
KWR	D	0.14%
CRUS	D	0.14%
BHF	D	0.14%
LFUS	C	0.14%
LSTR	F	0.14%
PARA	F	0.14%
KEX	C	0.14%
SEM	D	0.14%
GXO	D	0.14%
CACC	F	0.13%
AR	D	0.12%
AAP	F	0.09%

FNK Underweight 212 Positions Relative to SIXL

Symbol	Grade	Weight
X	D	-0.47%
OLLI	C	-0.46%
VZ	B	-0.45%
MOH	D	-0.45%
CPRI	D	-0.45%
DFIN	C	-0.44%
KR	C	-0.44%
DBX	D	-0.44%
MANH	A	-0.44%
SFM	B	-0.44%
CNC	C	-0.44%
INCY	C	-0.44%
EXEL	C	-0.44%
ARMK	C	-0.43%
BGC	B	-0.43%
ADUS	C	-0.43%
FCPT	C	-0.43%
LOPE	D	-0.43%
HCI	C	-0.43%
DLB	D	-0.43%
FHI	B	-0.43%
NEU	D	-0.43%
PECO	B	-0.43%
BRBR	C	-0.43%
PDCO	F	-0.43%
INVA	C	-0.43%
WMT	B	-0.43%
ATGE	C	-0.43%
ETR	A	-0.43%
SNDR	C	-0.43%
MUSA	D	-0.43%
GILD	B	-0.43%
KELYA	D	-0.43%
ATO	B	-0.43%
T	C	-0.43%
UTL	C	-0.43%
MGEE	B	-0.43%
MSA	D	-0.43%
CW	A	-0.43%
TMUS	C	-0.43%
LQDT	B	-0.43%
ELS	C	-0.42%
LHX	C	-0.42%
THG	C	-0.42%
TR	C	-0.42%
ELV	C	-0.42%
CXW	F	-0.42%
MASI	D	-0.42%
ADC	C	-0.42%
DGX	C	-0.42%
CWT	C	-0.42%
MKC	C	-0.42%
WWD	C	-0.42%
THS	C	-0.42%
STRA	F	-0.42%
HRB	C	-0.42%
CVX	D	-0.42%
DTE	B	-0.42%
NYT	C	-0.42%
XEL	B	-0.42%
ATEN	C	-0.42%
HQY	C	-0.42%
WEC	B	-0.42%
BWXT	C	-0.42%
DT	C	-0.42%
AEE	A	-0.42%
ALL	B	-0.42%
FCN	C	-0.42%
AEP	C	-0.42%
GTY	C	-0.42%
LTC	D	-0.42%
OHI	C	-0.42%
RBA	C	-0.42%
NABL	D	-0.42%
AMBC	F	-0.42%
NPK	D	-0.42%
PGR	A	-0.42%
ENSG	C	-0.42%
MCK	F	-0.42%
EPRT	A	-0.42%
MMSI	B	-0.42%
BOX	C	-0.42%
SJW	D	-0.42%
UFCS	D	-0.42%
ABT	C	-0.42%
TRV	B	-0.42%
BRC	B	-0.42%
ACGL	B	-0.42%
NWN	C	-0.42%
ALKS	C	-0.42%
CMS	B	-0.42%
VRRM	D	-0.42%
CI	C	-0.42%
SMPL	D	-0.42%
AWR	B	-0.42%
AMH	C	-0.42%
WPC	C	-0.42%
MORN	B	-0.42%
RAMP	F	-0.42%
AM	B	-0.42%
PRDO	D	-0.42%
VIRT	C	-0.42%
NWE	B	-0.42%
CPK	B	-0.42%
ERIE	B	-0.42%
LRN	B	-0.42%
WEN	D	-0.42%
COP	D	-0.41%
CAG	C	-0.41%
WDFC	C	-0.41%
KBR	D	-0.41%
INGR	B	-0.41%
MCRI	C	-0.41%
SPTN	C	-0.41%
POST	C	-0.41%
AMED	C	-0.41%
COLL	C	-0.41%
HRL	D	-0.41%
FDP	C	-0.41%
PEP	D	-0.41%
SPNT	C	-0.41%
CHD	C	-0.41%
XOM	D	-0.41%
MRK	D	-0.41%
WRB	C	-0.41%
PM	C	-0.41%
GLPI	C	-0.41%
MDLZ	C	-0.41%
FE	C	-0.41%
ATR	B	-0.41%
HSY	D	-0.41%
RLI	B	-0.41%
JNPR	A	-0.41%
ALE	B	-0.41%
RTX	C	-0.41%
CBOE	C	-0.41%
K	A	-0.41%
FLO	C	-0.41%
PRGS	C	-0.41%
TXRH	C	-0.41%
DUK	B	-0.41%
JJSF	C	-0.41%
PG	C	-0.41%
AMSF	C	-0.41%
PRI	B	-0.41%
WTW	C	-0.41%
ORLY	D	-0.41%
DVAX	D	-0.41%
EOG	D	-0.41%
LMT	B	-0.41%
EIG	C	-0.41%
AFL	C	-0.41%
ABBV	C	-0.41%
NOC	A	-0.41%
RSG	D	-0.41%
CHE	C	-0.41%
NNN	C	-0.41%
RYAN	C	-0.41%
CB	B	-0.41%
KDP	B	-0.41%
PLMR	C	-0.41%
KO	B	-0.41%
CAH	C	-0.41%
HOLX	C	-0.41%
RGR	F	-0.41%
AVA	C	-0.41%
MMC	C	-0.41%
ED	C	-0.41%
PINC	D	-0.41%
TKO	B	-0.41%
JNJ	C	-0.41%
CALM	A	-0.41%
HSTM	D	-0.41%
SO	A	-0.41%
NBIX	F	-0.41%
AMT	C	-0.41%
WM	D	-0.41%
MSGS	B	-0.41%
CASY	D	-0.41%
AJG	D	-0.41%
SRE	B	-0.41%
PPL	B	-0.41%
CLW	F	-0.4%
HMN	D	-0.4%
CL	C	-0.4%
LPG	F	-0.4%
KMB	D	-0.4%
KNSL	C	-0.4%
SAFT	D	-0.4%
UNH	C	-0.4%
FIZZ	D	-0.4%
BG	D	-0.4%
UVV	D	-0.4%
CME	C	-0.4%
PBH	C	-0.4%
ITGR	B	-0.4%
VRSK	D	-0.4%
KHC	C	-0.4%
GIS	B	-0.4%
MCY	D	-0.39%
SAM	F	-0.39%
MO	C	-0.39%
COKE	C	-0.39%
JBSS	D	-0.39%
NHC	D	-0.39%
EPC	F	-0.39%
AVAV	C	-0.39%
ANIP	D	-0.38%
SUPN	D	-0.38%
EZPW	D	-0.38%
PPC	D	-0.37%
BMRN	F	-0.34%