FNX vs. MDYV ETF Comparison

Comparison of First Trust Mid Cap Core AlphaDEX (FNX) to SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index (MDYV)

FNX

First Trust Mid Cap Core AlphaDEX

FNX 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 Defined Mid Cap Core 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) 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

$125.45

Average Daily Volume

19,327

Number of Holdings ^*

437

* may have additional holdings in another (foreign) market

MDYV

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index

MDYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Value Index. It 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 mid-capitalization value sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$85.86

Average Daily Volume

306,977

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	FNX	MDYV
30 Days	7.90%	7.26%
60 Days	7.72%	8.46%
90 Days	8.86%	9.68%
12 Months	36.29%	31.69%

181 Overlapping Holdings

	Symbol	Grade	Weight in FNX	Weight in MDYV	Overlap
	ADC	B	0.22%	0.51%	0.22%
	AFG	A	0.15%	0.69%	0.15%
	AGCO	D	0.21%	0.39%	0.21%
	AMG	B	0.37%	0.38%	0.37%
	AMKR	D	0.24%	0.2%	0.2%
	AN	C	0.26%	0.3%	0.26%
	AR	B	0.16%	0.6%	0.16%
	ARMK	B	0.07%	0.69%	0.07%
	ARW	D	0.25%	0.41%	0.25%
	ASGN	F	0.2%	0.28%	0.2%
	ASH	D	0.25%	0.26%	0.25%
	ATR	B	0.15%	0.32%	0.15%
	AVNT	B	0.14%	0.32%	0.14%
	AVT	C	0.28%	0.32%	0.28%
	AYI	B	0.17%	0.34%	0.17%
	BC	C	0.2%	0.14%	0.14%
	BDC	B	0.22%	0.33%	0.22%
	BERY	B	0.23%	0.51%	0.23%
	BJ	A	0.08%	0.78%	0.08%
	BKH	A	0.29%	0.29%	0.29%
	BLKB	B	0.14%	0.09%	0.09%
	BRBR	A	0.17%	0.3%	0.17%
	BRX	A	0.15%	0.33%	0.15%
	CACI	D	0.32%	0.47%	0.32%
	CADE	B	0.34%	0.47%	0.34%
	CBSH	A	0.09%	0.33%	0.09%
	CBT	C	0.28%	0.13%	0.13%
	CCK	C	0.07%	0.38%	0.07%
	CFR	B	0.18%	0.35%	0.18%
	CLF	F	0.25%	0.37%	0.25%
	CMC	B	0.39%	0.46%	0.39%
	CNO	A	0.32%	0.28%	0.28%
	CNXC	F	0.26%	0.13%	0.13%
	COHR	B	0.31%	1.03%	0.31%
	COLB	A	0.25%	0.44%	0.25%
	COLM	B	0.21%	0.1%	0.1%
	CRUS	D	0.12%	0.16%	0.12%
	CUBE	D	0.13%	0.33%	0.13%
	CUZ	B	0.22%	0.32%	0.22%
	CVLT	B	0.39%	0.2%	0.2%
	CW	B	0.31%	0.33%	0.31%
	DAR	C	0.33%	0.44%	0.33%
	DCI	B	0.07%	0.27%	0.07%
	DINO	D	0.35%	0.46%	0.35%
	DKS	C	0.14%	0.36%	0.14%
	DOCU	A	0.18%	1.11%	0.18%
	DTM	B	0.19%	0.24%	0.19%
	EEFT	B	0.07%	0.13%	0.07%
	EGP	F	0.07%	0.21%	0.07%
	EHC	B	0.29%	0.38%	0.29%
	ENS	D	0.27%	0.15%	0.15%
	ESNT	D	0.31%	0.4%	0.31%
	EWBC	A	0.36%	0.45%	0.36%
	EXLS	B	0.33%	0.21%	0.21%
	EXPO	D	0.12%	0.17%	0.12%
	FAF	A	0.14%	0.45%	0.14%
	FBIN	D	0.06%	0.38%	0.06%
	FFIN	B	0.24%	0.22%	0.22%
	FHN	A	0.28%	0.73%	0.28%
	FLO	D	0.07%	0.29%	0.07%
	FLR	B	0.08%	0.59%	0.08%
	FLS	B	0.25%	0.29%	0.25%
	FNB	A	0.25%	0.4%	0.25%
	FR	C	0.07%	0.24%	0.07%
	G	B	0.33%	0.5%	0.33%
	GAP	C	0.07%	0.33%	0.07%
	GATX	A	0.08%	0.23%	0.08%
	GME	C	0.08%	0.72%	0.08%
	GMED	A	0.33%	0.62%	0.33%
	GPK	C	0.14%	0.57%	0.14%
	GXO	B	0.16%	0.18%	0.16%
	HGV	B	0.16%	0.07%	0.07%
	HOG	D	0.31%	0.26%	0.26%
	HOMB	A	0.16%	0.38%	0.16%
	HWC	B	0.24%	0.17%	0.17%
	IBKR	A	0.38%	0.54%	0.38%
	IBOC	A	0.17%	0.15%	0.15%
	IDA	A	0.25%	0.26%	0.25%
	INGR	B	0.29%	0.42%	0.29%
	IRT	A	0.07%	0.32%	0.07%
	JAZZ	B	0.3%	0.3%	0.3%
	JEF	A	0.17%	0.8%	0.17%
	JLL	D	0.07%	0.84%	0.07%
	JWN	C	0.21%	0.15%	0.15%
	KBH	D	0.32%	0.19%	0.19%
	KD	B	0.09%	0.44%	0.09%
	KEX	C	0.22%	0.29%	0.22%
	KNF	A	0.38%	0.1%	0.1%
	KNX	B	0.22%	0.61%	0.22%
	KRC	C	0.28%	0.28%	0.28%
	KRG	B	0.07%	0.4%	0.07%
	LAD	A	0.42%	0.67%	0.42%
	LAMR	D	0.14%	0.32%	0.14%
	LEA	D	0.31%	0.36%	0.31%
	LFUS	F	0.06%	0.13%	0.06%
	LPX	B	0.23%	0.17%	0.17%
	LSTR	D	0.07%	0.14%	0.07%
	M	D	0.28%	0.29%	0.28%
	MAT	D	0.14%	0.24%	0.14%
	MIDD	C	0.21%	0.25%	0.21%
	MMS	F	0.18%	0.09%	0.09%
	MSM	C	0.21%	0.12%	0.12%
	MTG	C	0.35%	0.27%	0.27%
	MUR	D	0.35%	0.18%	0.18%
	NFG	A	0.29%	0.37%	0.29%
	NJR	A	0.15%	0.32%	0.15%
	NNN	D	0.06%	0.33%	0.06%
	NOV	C	0.36%	0.43%	0.36%
	NSP	D	0.06%	0.09%	0.06%
	NXST	C	0.28%	0.34%	0.28%
	OGE	B	0.23%	0.57%	0.23%
	OGS	A	0.29%	0.28%	0.28%
	OHI	C	0.14%	0.41%	0.14%
	OLN	D	0.19%	0.2%	0.19%
	ONB	B	0.16%	0.47%	0.16%
	OPCH	D	0.05%	0.11%	0.05%
	ORA	B	0.07%	0.29%	0.07%
	ORI	A	0.23%	0.6%	0.23%
	OSK	B	0.39%	0.49%	0.39%
	OZK	B	0.32%	0.16%	0.16%
	PAG	B	0.21%	0.2%	0.2%
	PB	A	0.16%	0.53%	0.16%
	PBF	D	0.36%	0.21%	0.21%
	PFGC	B	0.15%	0.9%	0.15%
	PII	D	0.17%	0.24%	0.17%
	PNFP	B	0.18%	0.38%	0.18%
	PNM	F	0.23%	0.28%	0.23%
	POR	C	0.28%	0.32%	0.28%
	POST	C	0.2%	0.34%	0.2%
	PRGO	B	0.15%	0.25%	0.15%
	PSN	D	0.33%	0.09%	0.09%
	PVH	C	0.36%	0.39%	0.36%
	R	B	0.32%	0.48%	0.32%
	RGLD	C	0.07%	0.3%	0.07%
	RLI	B	0.08%	0.17%	0.08%
	RNR	C	0.34%	0.41%	0.34%
	ROIV	C	0.07%	0.13%	0.07%
	RRX	B	0.07%	0.77%	0.07%
	RYN	D	0.13%	0.17%	0.13%
	SAIC	F	0.06%	0.28%	0.06%
	SBRA	C	0.21%	0.29%	0.21%
	SCI	B	0.16%	0.4%	0.16%
	SEIC	B	0.25%	0.27%	0.25%
	SF	B	0.09%	0.8%	0.09%
	SFM	A	0.46%	0.57%	0.46%
	SIGI	C	0.08%	0.18%	0.08%
	SLGN	A	0.15%	0.3%	0.15%
	SLM	A	0.23%	0.21%	0.21%
	SMG	D	0.25%	0.13%	0.13%
	SNV	B	0.09%	0.54%	0.09%
	SNX	C	0.28%	0.59%	0.28%
	SON	D	0.26%	0.33%	0.26%
	SR	A	0.29%	0.26%	0.26%
	SSB	B	0.16%	0.55%	0.16%
	STWD	C	0.07%	0.42%	0.07%
	SWX	B	0.23%	0.31%	0.23%
	TEX	D	0.35%	0.1%	0.1%
	THG	A	0.08%	0.39%	0.08%
	THO	B	0.22%	0.39%	0.22%
	TKO	B	0.29%	0.3%	0.29%
	TKR	D	0.19%	0.2%	0.19%
	TMHC	B	0.35%	0.49%	0.35%
	TTC	D	0.14%	0.3%	0.14%
	UBSI	B	0.16%	0.38%	0.16%
	UGI	A	0.35%	0.34%	0.34%
	UMBF	B	0.17%	0.37%	0.17%
	UNM	A	0.35%	0.83%	0.35%
	USFD	A	0.08%	1.09%	0.08%
	VLY	B	0.24%	0.32%	0.24%
	VMI	B	0.08%	0.46%	0.08%
	VNO	B	0.07%	0.47%	0.07%
	VOYA	B	0.15%	0.32%	0.15%
	WAL	B	0.15%	0.33%	0.15%
	WBS	A	0.28%	0.69%	0.28%
	WCC	B	0.35%	0.63%	0.35%
	WHR	B	0.3%	0.42%	0.3%
	WPC	D	0.19%	0.81%	0.19%
	WTFC	A	0.26%	0.59%	0.26%
	WTRG	B	0.22%	0.34%	0.22%
	WU	D	0.2%	0.24%	0.2%
	ZION	B	0.27%	0.59%	0.27%

FNX Overweight 256 Positions Relative to MDYV

	Symbol	Grade	Weight
	AFRM	B	0.54%
	AX	A	0.46%
	MTDR	B	0.43%
	CNX	A	0.43%
	QTWO	A	0.43%
	NTRA	B	0.43%
	SFBS	B	0.42%
	NOG	A	0.42%
	OVV	B	0.42%
	FOUR	B	0.41%
	HLNE	B	0.41%
	CORT	B	0.41%
	FIX	A	0.41%
	AGO	B	0.41%
	HP	B	0.4%
	KTB	B	0.4%
	SM	B	0.4%
	CSWI	A	0.4%
	CRS	A	0.4%
	MGY	A	0.4%
	DDS	B	0.4%
	TOST	B	0.4%
	TAP	C	0.39%
	MOG.A	B	0.39%
	MATX	C	0.39%
	PTEN	C	0.39%
	DUOL	A	0.39%
	HCC	B	0.38%
	GPI	A	0.38%
	COOP	B	0.38%
	SOFI	A	0.38%
	AL	B	0.38%
	ACIW	B	0.38%
	OTTR	C	0.37%
	CIVI	D	0.37%
	AMR	C	0.37%
	IOT	A	0.37%
	ATKR	C	0.37%
	ADTN	A	0.37%
	DY	D	0.36%
	CHRD	D	0.36%
	URBN	C	0.36%
	ENSG	D	0.36%
	BCC	B	0.36%
	MDU	D	0.36%
	AAON	B	0.35%
	MLI	C	0.35%
	ALSN	B	0.35%
	RDN	C	0.35%
	LTH	C	0.35%
	BWA	D	0.34%
	MOD	A	0.34%
	PIPR	B	0.34%
	DVA	B	0.34%
	HIMS	B	0.33%
	RDNT	B	0.33%
	RUSHA	C	0.33%
	TPH	D	0.33%
	APA	D	0.33%
	COKE	C	0.33%
	SIG	B	0.33%
	LBRT	D	0.33%
	PEGA	A	0.33%
	FRPT	B	0.32%
	JXN	C	0.32%
	LNC	B	0.32%
	BYD	C	0.32%
	RRC	B	0.32%
	PODD	C	0.32%
	MHO	D	0.32%
	LBRDK	C	0.32%
	ABG	B	0.31%
	ITRI	B	0.31%
	MTH	D	0.31%
	BEN	C	0.31%
	CRVL	A	0.31%
	TTEK	F	0.31%
	GMS	B	0.31%
	PNW	B	0.3%
	ITGR	B	0.3%
	EXP	A	0.3%
	FMC	D	0.3%
	GWRE	A	0.3%
	ATI	D	0.3%
	EXEL	B	0.29%
	ASO	F	0.29%
	BOOT	D	0.29%
	HRI	B	0.29%
	GBDC	C	0.29%
	AAP	C	0.29%
	EVRG	A	0.29%
	SOLV	C	0.28%
	BFAM	D	0.28%
	MOS	F	0.28%
	BMI	B	0.28%
	EPRT	B	0.28%
	NFE	D	0.28%
	AVAV	D	0.28%
	UFPI	B	0.28%
	BCO	D	0.28%
	HST	C	0.28%
	EMN	D	0.27%
	SUM	B	0.27%
	BECN	B	0.27%
	DXC	B	0.27%
	LKQ	D	0.27%
	NCLH	B	0.27%
	PLNT	A	0.26%
	AIT	A	0.26%
	UHS	D	0.25%
	TPG	A	0.25%
	LNTH	D	0.25%
	BWXT	B	0.25%
	AWI	A	0.25%
	HLI	B	0.25%
	ALK	C	0.25%
	OMF	A	0.25%
	SLG	B	0.24%
	ABCB	B	0.24%
	WHD	B	0.24%
	TXRH	C	0.24%
	VNT	B	0.24%
	SANM	B	0.24%
	MMSI	B	0.23%
	HASI	D	0.23%
	TW	A	0.23%
	AEO	F	0.23%
	RYAN	B	0.23%
	JBL	B	0.23%
	RL	B	0.23%
	AXS	A	0.23%
	PI	D	0.23%
	CRC	B	0.23%
	ZETA	D	0.23%
	CLH	B	0.22%
	RIG	D	0.22%
	ANF	C	0.22%
	ITT	A	0.22%
	BOX	B	0.22%
	GL	B	0.22%
	AUR	C	0.22%
	FSS	B	0.21%
	FIVE	F	0.21%
	ALKS	B	0.21%
	BBWI	D	0.21%
	HII	D	0.21%
	SKX	D	0.2%
	SJM	D	0.2%
	INSM	C	0.2%
	HRB	D	0.2%
	IPG	D	0.19%
	VRNS	D	0.19%
	CRDO	B	0.19%
	REYN	D	0.19%
	IBP	D	0.18%
	DIOD	D	0.18%
	EPAM	C	0.17%
	KAI	A	0.17%
	TPR	B	0.17%
	RHI	B	0.16%
	FFIV	B	0.16%
	ACA	A	0.16%
	BOKF	B	0.16%
	AXTA	A	0.16%
	S	B	0.16%
	RUN	F	0.16%
	AIZ	A	0.16%
	HALO	F	0.16%
	AUB	B	0.16%
	ITCI	C	0.16%
	PRI	A	0.16%
	CMA	A	0.16%
	UCB	A	0.16%
	HSIC	B	0.15%
	WTS	B	0.15%
	REG	B	0.15%
	AXSM	B	0.15%
	TMDX	F	0.15%
	CNS	B	0.15%
	MKTX	D	0.15%
	DNB	B	0.15%
	SEM	B	0.15%
	GKOS	B	0.15%
	MSGS	A	0.15%
	NYT	C	0.14%
	WYNN	D	0.14%
	MGM	D	0.14%
	ALLE	D	0.14%
	CRL	C	0.14%
	BPOP	B	0.14%
	DT	C	0.14%
	AZEK	A	0.14%
	WWD	B	0.14%
	KFY	B	0.14%
	FELE	B	0.14%
	RNA	D	0.13%
	OLLI	D	0.13%
	FUL	F	0.13%
	WD	D	0.13%
	MTCH	D	0.12%
	INSP	D	0.12%
	UHAL	D	0.12%
	WING	D	0.11%
	RARE	D	0.11%
	OGN	D	0.11%
	CROX	D	0.1%
	LYFT	C	0.1%
	AES	F	0.1%
	CLSK	C	0.1%
	OWL	A	0.09%
	RVMD	C	0.09%
	DAY	B	0.09%
	MORN	B	0.08%
	MAIN	A	0.08%
	MUSA	A	0.08%
	RBC	A	0.08%
	GOLF	B	0.08%
	CWST	A	0.08%
	MARA	C	0.08%
	WTM	A	0.08%
	LOPE	B	0.08%
	ESAB	B	0.08%
	NTNX	A	0.08%
	PCTY	B	0.08%
	ELAN	D	0.07%
	AGNC	D	0.07%
	SSD	D	0.07%
	SEE	C	0.07%
	CPT	B	0.07%
	BPMC	C	0.07%
	UDR	B	0.07%
	CTRE	D	0.07%
	KNSL	B	0.07%
	KMX	B	0.07%
	H	B	0.07%
	BCPC	B	0.07%
	SKY	A	0.07%
	CHDN	B	0.07%
	ESI	A	0.07%
	ALIT	C	0.07%
	RHP	B	0.07%
	DBX	B	0.07%
	TFX	F	0.06%
	U	C	0.06%
	AOS	F	0.06%
	HUN	F	0.06%
	VRRM	D	0.06%
	FND	C	0.06%
	TECH	D	0.06%
	FCN	D	0.06%
	CZR	F	0.06%
	IAC	D	0.06%
	PFSI	D	0.06%
	TNET	D	0.06%
	NSIT	F	0.05%
	COTY	F	0.05%

FNX Underweight 103 Positions Relative to MDYV

	Symbol	Grade	Weight
	ILMN	D	-1.53%
	FNF	B	-1.07%
	THC	D	-1.05%
	RGA	A	-1.02%
	AA	B	-0.72%
	ALLY	C	-0.67%
	UTHR	C	-0.64%
	CNH	C	-0.63%
	AAL	B	-0.63%
	XPO	B	-0.62%
	MTZ	B	-0.57%
	TPL	A	-0.57%
	AVTR	F	-0.56%
	X	C	-0.55%
	RPM	A	-0.54%
	FYBR	D	-0.52%
	ACM	A	-0.52%
	GLPI	C	-0.51%
	EQH	B	-0.48%
	BURL	A	-0.46%
	BIO	D	-0.45%
	GBCI	B	-0.43%
	CIEN	B	-0.4%
	LITE	B	-0.39%
	JHG	A	-0.39%
	REXR	F	-0.38%
	CG	A	-0.38%
	BMRN	D	-0.37%
	ST	F	-0.33%
	AMH	D	-0.32%
	ELS	C	-0.32%
	KMPR	B	-0.29%
	KBR	F	-0.29%
	HQY	B	-0.28%
	TCBI	B	-0.28%
	ASB	B	-0.27%
	MKSI	C	-0.26%
	CGNX	C	-0.26%
	ALE	A	-0.25%
	CYTK	F	-0.24%
	XRAY	F	-0.24%
	NWE	B	-0.23%
	CHE	D	-0.23%
	NVST	B	-0.23%
	CNM	D	-0.23%
	GHC	C	-0.22%
	DOCS	C	-0.22%
	STAG	F	-0.22%
	FHI	A	-0.22%
	EVR	B	-0.22%
	BHF	B	-0.21%
	VAC	B	-0.2%
	MAN	D	-0.2%
	PCH	D	-0.2%
	ALV	C	-0.19%
	CC	C	-0.19%
	NEOG	F	-0.19%
	WH	B	-0.18%
	CHWY	B	-0.18%
	RH	B	-0.18%
	GT	C	-0.18%
	MASI	A	-0.18%
	MTSI	B	-0.18%
	CXT	B	-0.18%
	HXL	D	-0.17%
	GNTX	C	-0.17%
	ENOV	C	-0.17%
	NOVT	D	-0.17%
	BRKR	D	-0.16%
	RCM	F	-0.15%
	MTN	C	-0.15%
	ALGM	D	-0.14%
	PPC	C	-0.14%
	ZI	D	-0.14%
	CDP	C	-0.14%
	SRPT	D	-0.14%
	AM	A	-0.14%
	UAA	C	-0.13%
	DLB	B	-0.13%
	CRI	D	-0.13%
	CHX	C	-0.13%
	AMED	F	-0.12%
	GEF	A	-0.12%
	IRDM	D	-0.12%
	SYNA	C	-0.12%
	POWI	D	-0.12%
	LIVN	F	-0.12%
	VSH	D	-0.12%
	LANC	C	-0.12%
	HAE	C	-0.12%
	CHH	A	-0.11%
	WEN	D	-0.1%
	NSA	D	-0.1%
	SAM	C	-0.1%
	EPR	D	-0.09%
	VC	D	-0.09%
	TNL	A	-0.08%
	IPGP	D	-0.08%
	UA	C	-0.08%
	YETI	C	-0.08%
	CPRI	F	-0.08%
	WMG	C	-0.07%
	AZTA	D	-0.05%

FNX: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Oil & Gas E&P Asset Management Diversified Industrials Software - Application Software - Infrastructure Building Materials Business Services Information Technology Services Packaging & Containers Auto & Truck Dealerships Insurance - Property & Casualty Specialty Chemicals Specialty Retail Apparel Stores Leisure Packaged Foods REIT - Diversified Residential Construction

Keywords: S&P 500 Banking Bank Natural Gas Insurance Mining Real Estate Investment Trust Chemical Computing Construction Medicine Electronics Aerospace Building Materials Electricity Deposit Products IBD 50 Insurance Products Supply Chain Management Transport

MDYV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Packaging & Containers Asset Management Diversified Industrials Apparel Manufacturing Biotechnology Business Services Packaged Foods REIT - Diversified REIT - Industrial Semiconductors Specialty Chemicals Medical Care REIT - Retail Scientific & Technical Instruments Software - Application Specialty Retail Utilities - Regulated Electric Utilities - Regulated Gas Auto Parts

Keywords: Bank Banking Real Estate Investment Trust Insurance Mining Chemical Natural Gas Deposit Products Commercial Banking Semiconductor Aerospace Beverage Telecommunications Insurance Products Real Estate Loans Supply Chain Management Trust Services Electricity Electronics Medicine