FNK vs. SPMD ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to SPDR Portfolio Mid Cap ETF (SPMD)

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

SPMD

SPDR Portfolio Mid Cap ETF

SPMD Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1000 Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small- and mid-capitalization segments of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.61

Average Daily Volume

1,189,171

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	FNK	SPMD
30 Days	7.85%	7.11%
60 Days	5.62%	7.29%
90 Days	5.60%	8.21%
12 Months	27.99%	32.98%

125 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in SPMD	Overlap
AFG	A	0.15%	0.34%	0.15%
AGCO	D	0.28%	0.19%	0.19%
AMG	B	0.75%	0.18%	0.18%
AMKR	D	0.48%	0.1%	0.1%
AN	C	0.4%	0.14%	0.14%
AR	B	0.32%	0.29%	0.29%
ARW	D	0.5%	0.2%	0.2%
ASGN	F	0.27%	0.14%	0.14%
ASH	D	0.38%	0.13%	0.13%
AVNT	B	0.15%	0.15%	0.15%
AVT	C	0.56%	0.15%	0.15%
BC	C	0.41%	0.18%	0.18%
BERY	B	0.46%	0.25%	0.25%
BJ	A	0.15%	0.38%	0.15%
BKH	A	0.6%	0.14%	0.14%
BYD	C	0.48%	0.17%	0.17%
CADE	B	0.68%	0.23%	0.23%
CHRD	D	0.72%	0.27%	0.27%
CIVI	D	0.74%	0.15%	0.15%
CLF	F	0.51%	0.18%	0.18%
CMC	B	0.78%	0.23%	0.23%
CNO	A	0.64%	0.14%	0.14%
CNX	A	0.87%	0.19%	0.19%
CNXC	F	0.53%	0.06%	0.06%
COLB	A	0.51%	0.21%	0.21%
COLM	B	0.29%	0.09%	0.09%
CUZ	B	0.3%	0.15%	0.15%
DAR	C	0.66%	0.22%	0.22%
DINO	D	0.7%	0.23%	0.23%
ENS	D	0.41%	0.13%	0.13%
ESNT	D	0.63%	0.2%	0.2%
FAF	A	0.14%	0.22%	0.14%
FBIN	D	0.12%	0.31%	0.12%
FHN	A	0.57%	0.36%	0.36%
FIVE	F	0.28%	0.16%	0.16%
FLR	B	0.16%	0.29%	0.16%
FNB	A	0.51%	0.2%	0.2%
G	B	0.66%	0.24%	0.24%
GXO	B	0.16%	0.24%	0.16%
HGV	B	0.33%	0.09%	0.09%
HOG	D	0.62%	0.13%	0.13%
HWC	B	0.32%	0.17%	0.17%
IDA	A	0.33%	0.21%	0.21%
INGR	B	0.44%	0.32%	0.32%
JAZZ	B	0.61%	0.25%	0.25%
JEF	A	0.17%	0.39%	0.17%
JWN	C	0.29%	0.07%	0.07%
KBH	D	0.52%	0.19%	0.19%
KNX	B	0.3%	0.3%	0.3%
KRC	C	0.57%	0.14%	0.14%
LAD	A	0.68%	0.33%	0.33%
LEA	D	0.63%	0.18%	0.18%
LFUS	F	0.13%	0.2%	0.13%
LPX	B	0.31%	0.23%	0.23%
LSTR	D	0.14%	0.22%	0.14%
M	D	0.56%	0.14%	0.14%
MAT	D	0.14%	0.21%	0.14%
MIDD	C	0.29%	0.24%	0.24%
MMS	F	0.25%	0.16%	0.16%
MSM	C	0.28%	0.13%	0.13%
MTDR	B	0.86%	0.23%	0.23%
MTG	C	0.7%	0.21%	0.21%
MUR	D	0.71%	0.16%	0.16%
MUSA	A	0.15%	0.32%	0.15%
NFG	A	0.59%	0.18%	0.18%
NJR	A	0.15%	0.15%	0.15%
NOV	C	0.72%	0.21%	0.21%
NSP	D	0.12%	0.09%	0.09%
NXST	C	0.43%	0.17%	0.17%
OGE	B	0.46%	0.28%	0.28%
OGS	A	0.45%	0.14%	0.14%
OLN	D	0.37%	0.16%	0.16%
OPCH	D	0.1%	0.12%	0.1%
ORI	A	0.31%	0.29%	0.29%
OSK	B	0.79%	0.24%	0.24%
OVV	B	0.85%	0.39%	0.39%
OZK	B	0.65%	0.17%	0.17%
PAG	B	0.43%	0.1%	0.1%
PB	A	0.33%	0.26%	0.26%
PBF	D	0.73%	0.1%	0.1%
PFGC	B	0.15%	0.44%	0.15%
PII	D	0.35%	0.12%	0.12%
PNFP	B	0.18%	0.31%	0.18%
PNM	F	0.31%	0.14%	0.14%
POR	C	0.56%	0.16%	0.16%
POST	C	0.41%	0.17%	0.17%
PRGO	B	0.15%	0.12%	0.12%
PVH	C	0.72%	0.19%	0.19%
R	B	0.64%	0.24%	0.24%
RNR	C	0.69%	0.44%	0.44%
RRC	B	0.64%	0.27%	0.27%
RYN	D	0.14%	0.13%	0.13%
SEIC	B	0.34%	0.27%	0.27%
SKX	D	0.26%	0.27%	0.26%
SLGN	A	0.3%	0.14%	0.14%
SLM	A	0.31%	0.17%	0.17%
SNX	C	0.42%	0.29%	0.29%
SON	D	0.4%	0.16%	0.16%
SR	A	0.59%	0.13%	0.13%
SSB	B	0.16%	0.27%	0.16%
STWD	C	0.14%	0.2%	0.14%
SWX	B	0.46%	0.15%	0.15%
TEX	D	0.71%	0.12%	0.12%
THO	B	0.43%	0.19%	0.19%
TKR	D	0.26%	0.16%	0.16%
TMHC	B	0.71%	0.24%	0.24%
TTC	D	0.14%	0.28%	0.14%
UBSI	B	0.33%	0.19%	0.19%
UFPI	B	0.28%	0.27%	0.27%
UGI	A	0.71%	0.16%	0.16%
UMBF	B	0.17%	0.18%	0.17%
UNM	A	0.71%	0.41%	0.41%
VLY	B	0.49%	0.16%	0.16%
VNT	B	0.32%	0.2%	0.2%
VOYA	B	0.15%	0.26%	0.15%
WAL	B	0.15%	0.33%	0.15%
WBS	A	0.56%	0.34%	0.34%
WCC	B	0.52%	0.31%	0.31%
WHR	B	0.45%	0.21%	0.21%
WPC	D	0.26%	0.4%	0.26%
WTFC	A	0.35%	0.29%	0.29%
WTRG	B	0.29%	0.32%	0.29%
WTS	B	0.15%	0.19%	0.15%
WU	D	0.39%	0.12%	0.12%
ZION	B	0.54%	0.29%	0.29%

FNK Overweight 98 Positions Relative to SPMD

Symbol	Grade	Weight
AGO	B	0.84%
NOG	A	0.84%
SM	B	0.81%
JXN	C	0.8%
HP	B	0.8%
TAP	C	0.78%
PTEN	C	0.78%
AL	B	0.77%
HCC	B	0.76%
ATKR	C	0.75%
AMR	C	0.74%
URBN	C	0.72%
NFE	D	0.71%
RDN	C	0.71%
BWA	D	0.68%
LBRT	D	0.67%
RUSHA	C	0.66%
TPH	D	0.66%
APA	D	0.66%
MGY	A	0.65%
DDS	B	0.65%
MHO	D	0.65%
LBRDK	C	0.65%
LNC	B	0.64%
MTH	D	0.63%
MATX	C	0.63%
BEN	C	0.63%
FMC	D	0.61%
GPI	A	0.61%
COOP	B	0.61%
EVRG	A	0.6%
PNW	B	0.6%
ADTN	A	0.6%
HRI	B	0.59%
OTTR	C	0.59%
GBDC	C	0.59%
AAP	C	0.59%
ASO	F	0.58%
BCC	B	0.58%
BBWI	D	0.57%
HST	C	0.57%
SOLV	C	0.56%
MOS	F	0.56%
DXC	B	0.55%
MDU	D	0.55%
SUM	B	0.54%
SIG	B	0.53%
ALK	C	0.51%
OMF	A	0.51%
UHS	D	0.5%
SANM	B	0.49%
GMS	B	0.48%
ABG	B	0.47%
AXS	A	0.47%
JBL	B	0.46%
GL	B	0.45%
RIG	D	0.44%
LKQ	D	0.41%
SJM	D	0.4%
EMN	D	0.4%
BECN	B	0.36%
AEO	F	0.35%
MLI	C	0.35%
OGN	D	0.34%
CMA	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%
KFY	B	0.29%
CRL	C	0.28%
ALKS	B	0.28%
REYN	D	0.26%
TNET	D	0.26%
IPG	D	0.25%
DIOD	D	0.24%
UHAL	D	0.24%
EPAM	C	0.17%
TPR	B	0.17%
RHI	B	0.16%
AUB	B	0.16%
UCB	A	0.16%
FELE	B	0.15%
HSIC	B	0.15%
SKY	A	0.15%
ALIT	C	0.15%
DNB	B	0.15%
SEM	B	0.15%
FUL	F	0.14%
WD	D	0.14%
MGM	D	0.14%
BPOP	B	0.14%
SEE	C	0.14%
IVZ	B	0.14%
CZR	F	0.13%
IAC	D	0.13%

FNK Underweight 267 Positions Relative to SPMD

Symbol	Grade	Weight
TPL	A	-0.85%
EME	C	-0.77%
ILMN	D	-0.75%
CSL	C	-0.69%
LII	A	-0.65%
IBKR	A	-0.64%
WSO	A	-0.6%
RPM	A	-0.58%
UTHR	C	-0.57%
XPO	B	-0.57%
OC	A	-0.56%
BURL	A	-0.56%
RBA	A	-0.56%
RS	B	-0.56%
MANH	D	-0.56%
WSM	B	-0.55%
DOCU	A	-0.54%
DT	C	-0.53%
USFD	A	-0.53%
FIX	A	-0.52%
TOL	B	-0.52%
FNF	B	-0.52%
COHR	B	-0.51%
PSTG	D	-0.51%
THC	D	-0.51%
CASY	A	-0.5%
GGG	B	-0.5%
RGA	A	-0.5%
EQH	B	-0.5%
SAIA	B	-0.48%
SFM	A	-0.47%
EWBC	A	-0.47%
ACM	A	-0.47%
AVTR	F	-0.47%
CW	B	-0.46%
TXRH	C	-0.44%
GLPI	C	-0.44%
ELS	C	-0.44%
CLH	B	-0.42%
NVT	B	-0.41%
ITT	A	-0.41%
NBIX	C	-0.41%
JLL	D	-0.41%
BMRN	D	-0.41%
DUOL	A	-0.4%
SCI	B	-0.4%
BWXT	B	-0.39%
LECO	B	-0.39%
AMH	D	-0.39%
SF	B	-0.39%
RRX	B	-0.38%
DKS	C	-0.38%
ATR	B	-0.38%
LAMR	D	-0.37%
CUBE	D	-0.36%
BLD	D	-0.36%
TTEK	F	-0.36%
CACI	D	-0.36%
FND	C	-0.36%
KNSL	B	-0.35%
GME	C	-0.35%
AA	B	-0.35%
EVR	B	-0.35%
CCK	C	-0.35%
CG	A	-0.35%
EHC	B	-0.34%
ARMK	B	-0.34%
OHI	C	-0.34%
EXP	A	-0.34%
WWD	B	-0.34%
CHDN	B	-0.34%
AIT	A	-0.34%
SRPT	D	-0.34%
ALLY	C	-0.33%
EXEL	B	-0.33%
CIEN	B	-0.33%
PRI	A	-0.33%
AYI	B	-0.33%
PR	B	-0.32%
DTM	B	-0.32%
WING	D	-0.32%
HLI	B	-0.32%
DCI	B	-0.31%
MORN	B	-0.31%
CNH	C	-0.31%
AAL	B	-0.31%
BRBR	A	-0.31%
TPX	B	-0.31%
AAON	B	-0.3%
PEN	B	-0.3%
FN	D	-0.3%
RBC	A	-0.3%
REXR	F	-0.3%
GMED	A	-0.3%
WMS	D	-0.3%
RGLD	C	-0.3%
NYT	C	-0.29%
AXTA	A	-0.29%
PCTY	B	-0.29%
CFR	B	-0.29%
CBSH	A	-0.28%
MTZ	B	-0.28%
CHE	D	-0.28%
CR	A	-0.28%
MEDP	D	-0.28%
GPK	C	-0.28%
BRX	A	-0.28%
CNM	D	-0.27%
ONTO	D	-0.27%
PLNT	A	-0.27%
X	C	-0.27%
HRB	D	-0.27%
LNW	D	-0.27%
ENSG	D	-0.27%
EGP	F	-0.27%
HQY	B	-0.27%
FLS	B	-0.26%
TKO	B	-0.26%
HLNE	B	-0.26%
KBR	F	-0.26%
SNV	B	-0.26%
WEX	D	-0.25%
CVLT	B	-0.25%
KEX	C	-0.25%
ADC	B	-0.25%
MKSI	C	-0.25%
WH	B	-0.25%
NNN	D	-0.25%
FYBR	D	-0.25%
SSD	D	-0.25%
TREX	C	-0.25%
COKE	C	-0.24%
ESAB	B	-0.24%
ALV	C	-0.24%
RYAN	B	-0.24%
RLI	B	-0.24%
MTSI	B	-0.24%
EXLS	B	-0.24%
OLED	D	-0.24%
ANF	C	-0.24%
RGEN	D	-0.24%
HALO	F	-0.23%
VMI	B	-0.23%
VNO	B	-0.23%
FCN	D	-0.23%
FR	C	-0.23%
ELF	C	-0.23%
ONB	B	-0.23%
CGNX	C	-0.23%
LSCC	D	-0.23%
GNTX	C	-0.23%
MASI	A	-0.23%
H	B	-0.23%
GTLS	B	-0.23%
KD	B	-0.22%
DBX	B	-0.22%
STAG	F	-0.22%
BIO	D	-0.22%
MTN	C	-0.22%
MSA	D	-0.22%
GBCI	B	-0.21%
CYTK	F	-0.21%
SAIC	F	-0.21%
DOCS	C	-0.21%
CROX	D	-0.2%
CBT	C	-0.2%
SIGI	C	-0.2%
BRKR	D	-0.2%
NOVT	D	-0.2%
WFRD	D	-0.2%
ALTR	B	-0.2%
LNTH	D	-0.19%
OLLI	D	-0.19%
HOMB	A	-0.19%
RMBS	C	-0.19%
LITE	B	-0.19%
JHG	A	-0.19%
THG	A	-0.19%
CHX	C	-0.19%
KRG	B	-0.19%
FFIN	B	-0.18%
KNF	A	-0.18%
APPF	B	-0.18%
GATX	A	-0.18%
CRUS	D	-0.18%
QLYS	C	-0.18%
VVV	F	-0.18%
EXPO	D	-0.17%
ROIV	C	-0.17%
AM	A	-0.17%
WMG	C	-0.16%
LOPE	B	-0.16%
RH	B	-0.16%
BDC	B	-0.16%
GAP	C	-0.16%
HXL	D	-0.16%
ST	F	-0.16%
CHWY	B	-0.15%
HAE	C	-0.15%
IRT	A	-0.15%
PSN	D	-0.15%
TCBI	B	-0.14%
BCO	D	-0.14%
NEU	C	-0.14%
CELH	F	-0.14%
WLK	D	-0.14%
SBRA	C	-0.14%
FLO	D	-0.14%
KMPR	B	-0.14%
ORA	B	-0.14%
EEFT	B	-0.14%
DLB	B	-0.14%
IBOC	A	-0.13%
ASB	B	-0.13%
IRDM	D	-0.12%
POWI	D	-0.12%
LANC	C	-0.12%
XRAY	F	-0.12%
ACHC	F	-0.12%
ALE	A	-0.12%
TNL	A	-0.12%
GHC	C	-0.11%
YETI	C	-0.11%
CHH	A	-0.11%
FHI	A	-0.11%
EPR	D	-0.11%
NWE	B	-0.11%
VAL	D	-0.11%
BLKB	B	-0.11%
CDP	C	-0.11%
SLAB	D	-0.11%
NVST	B	-0.11%
CC	C	-0.1%
NEOG	F	-0.1%
NSA	D	-0.1%
AMED	F	-0.1%
SYNA	C	-0.1%
MAN	D	-0.1%
VAC	B	-0.1%
PCH	D	-0.1%
ZI	D	-0.1%
ALGM	D	-0.1%
PK	B	-0.1%
BHF	B	-0.1%
WEN	D	-0.1%
SMG	D	-0.1%
GT	C	-0.09%
ARWR	F	-0.09%
CXT	B	-0.09%
COTY	F	-0.09%
SAM	C	-0.09%
LIVN	F	-0.09%
TDC	D	-0.09%
SHC	F	-0.08%
CPRI	F	-0.08%
VC	D	-0.08%
ENOV	C	-0.08%
PPC	C	-0.07%
IPGP	D	-0.07%
AZTA	D	-0.07%
RCM	F	-0.07%
GEF	A	-0.06%
VSH	D	-0.06%
CAR	C	-0.06%
UAA	C	-0.06%
CRI	D	-0.06%
UA	C	-0.04%