FTA vs. BALI ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to BlackRock Advantage Large Cap Income ETF (BALI)

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA 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 Large 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 500(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

$83.49

Average Daily Volume

40,498

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.18

Average Daily Volume

96,823

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

Performance

Period	FTA	BALI
30 Days	6.28%	3.05%
60 Days	6.56%	3.96%
90 Days	7.73%	5.99%
12 Months	27.44%	28.11%

42 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in BALI	Overlap
ACN	B	0.18%	0.06%	0.06%
BBY	D	0.45%	0.0%	0.0%
BIIB	F	0.44%	0.03%	0.03%
C	A	0.76%	1.05%	0.76%
CAG	D	0.14%	0.01%	0.01%
CI	D	0.16%	0.12%	0.12%
CLX	C	0.17%	0.01%	0.01%
CMCSA	C	0.91%	0.9%	0.9%
CMS	C	0.34%	0.3%	0.3%
COP	D	0.94%	0.5%	0.5%
CSCO	A	0.38%	0.36%	0.36%
CSX	B	0.36%	0.07%	0.07%
CVX	B	0.96%	1.53%	0.96%
DHI	D	0.6%	0.07%	0.07%
DOC	C	0.33%	0.04%	0.04%
DUK	C	0.49%	0.1%	0.1%
DVN	F	0.88%	0.01%	0.01%
ED	D	0.64%	0.06%	0.06%
ELV	F	0.27%	0.2%	0.2%
EXC	D	0.66%	0.31%	0.31%
EXPD	C	0.16%	0.44%	0.16%
F	C	0.92%	0.82%	0.82%
FE	D	0.32%	0.42%	0.32%
FOXA	C	0.98%	0.0%	0.0%
GD	F	0.17%	0.14%	0.14%
HAL	C	0.91%	0.39%	0.39%
HD	A	0.17%	0.01%	0.01%
JNJ	D	0.33%	0.03%	0.03%
KMI	B	0.85%	0.11%	0.11%
KR	A	0.72%	0.83%	0.72%
LMT	D	0.16%	1.09%	0.16%
MDT	D	0.16%	0.93%	0.16%
NUE	D	0.85%	0.02%	0.02%
PCAR	B	1.02%	0.2%	0.2%
RGA	A	0.37%	0.0%	0.0%
T	A	0.89%	1.07%	0.89%
TRV	B	0.56%	0.34%	0.34%
TSN	B	0.38%	0.0%	0.0%
UPS	C	0.17%	1.13%	0.17%
VZ	B	0.64%	0.93%	0.64%
WRB	A	0.18%	0.25%	0.18%
XOM	C	0.9%	0.4%	0.4%

FTA Overweight 144 Positions Relative to BALI

Symbol	Grade	Weight
UAL	B	1.4%
SYF	A	1.14%
GM	B	1.13%
DAL	B	1.12%
EOG	C	0.97%
TROW	A	0.97%
STLD	B	0.96%
CINF	A	0.96%
RS	B	0.94%
CTRA	B	0.93%
HPE	B	0.92%
AIG	B	0.91%
VLO	C	0.91%
WFC	A	0.9%
PSX	C	0.87%
TOL	A	0.87%
COF	B	0.86%
OXY	F	0.86%
MPC	F	0.85%
HBAN	B	0.84%
EG	C	0.82%
EQT	B	0.82%
LNG	B	0.82%
CFG	B	0.8%
BG	F	0.8%
PHM	C	0.79%
LEN	C	0.79%
OC	B	0.78%
ETR	B	0.78%
CVS	D	0.77%
ADM	F	0.77%
LYB	F	0.76%
SRE	A	0.76%
VTRS	B	0.76%
INTC	C	0.75%
FDX	B	0.75%
CRBG	B	0.74%
L	B	0.74%
XEL	A	0.74%
FANG	F	0.74%
SLB	C	0.73%
ATO	A	0.73%
CTSH	B	0.73%
CNP	A	0.72%
AEE	A	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CB	D	0.7%
CF	B	0.7%
HIG	B	0.69%
APTV	F	0.66%
ON	C	0.65%
MS	B	0.65%
DG	F	0.64%
SNA	A	0.63%
CHTR	C	0.62%
BKR	C	0.61%
MTB	B	0.61%
SWKS	F	0.6%
IP	B	0.6%
BAC	A	0.59%
RF	B	0.58%
FITB	B	0.57%
TDY	B	0.56%
LUV	B	0.56%
USB	A	0.56%
STT	A	0.55%
CNC	F	0.55%
NI	A	0.53%
DGX	B	0.52%
PPL	B	0.51%
TXT	D	0.5%
D	C	0.5%
LNT	A	0.5%
AFL	B	0.5%
EQR	B	0.5%
ULTA	F	0.5%
TGT	F	0.5%
EBAY	C	0.49%
HRL	D	0.49%
SYY	C	0.49%
DTE	C	0.48%
CE	F	0.48%
BLDR	C	0.48%
DE	B	0.48%
AEP	D	0.47%
STX	D	0.46%
RJF	A	0.46%
KHC	D	0.46%
AKAM	F	0.45%
OKE	C	0.42%
ZM	B	0.42%
DOW	F	0.42%
DIS	B	0.4%
KEY	A	0.4%
PNC	A	0.39%
JBHT	C	0.38%
NWSA	B	0.38%
PKG	B	0.38%
KIM	A	0.37%
HPQ	B	0.36%
DRI	B	0.36%
PRU	A	0.36%
WEC	A	0.35%
SSNC	A	0.35%
FNF	B	0.34%
NVR	D	0.33%
CARR	C	0.33%
PPG	D	0.33%
HSY	F	0.33%
EIX	A	0.33%
ARE	D	0.32%
GIS	D	0.31%
GPC	D	0.31%
MOH	F	0.31%
KDP	D	0.31%
HUM	C	0.31%
WLK	D	0.3%
PYPL	A	0.19%
CMI	A	0.19%
ODFL	B	0.19%
LHX	C	0.18%
APD	A	0.18%
LH	B	0.18%
IEX	B	0.18%
J	F	0.18%
KEYS	B	0.17%
PEP	F	0.17%
NDSN	B	0.17%
CTVA	B	0.17%
MAA	B	0.17%
LOW	C	0.17%
PFG	C	0.17%
OMC	C	0.17%
SBUX	B	0.17%
CPB	D	0.16%
WY	D	0.16%
DD	D	0.16%
MAS	C	0.16%
HOLX	D	0.16%
FTV	B	0.16%
NKE	F	0.15%
MDLZ	F	0.15%
AWK	D	0.15%

FTA Underweight 107 Positions Relative to BALI

Symbol	Grade	Weight
AAPL	B	-7.52%
NVDA	C	-7.31%
MSFT	D	-7.07%
AMZN	C	-4.94%
GOOGL	C	-3.06%
MA	B	-1.81%
GOOG	C	-1.67%
META	D	-1.57%
MRK	F	-1.35%
V	A	-1.33%
GILD	B	-1.32%
PM	B	-1.26%
WMT	B	-1.22%
MMC	A	-1.22%
WM	A	-1.22%
PGR	A	-1.2%
PFE	D	-1.19%
SHW	A	-1.18%
JPM	B	-1.16%
CTAS	B	-1.15%
CME	A	-1.12%
CAH	B	-1.12%
OMF	A	-1.1%
TSLA	B	-1.06%
RSG	A	-1.06%
QCOM	F	-1.02%
KMB	C	-1.01%
FTNT	C	-1.0%
PNW	B	-1.0%
UNH	B	-0.98%
LLY	F	-0.94%
CL	D	-0.87%
BRK.A	B	-0.84%
NOC	D	-0.82%
MO	A	-0.8%
TFC	B	-0.65%
AVGO	D	-0.64%
AMGN	D	-0.62%
LRCX	F	-0.59%
HCA	F	-0.57%
MSI	C	-0.56%
TXRH	A	-0.54%
ADBE	C	-0.52%
CCEP	B	-0.47%
HESM	B	-0.46%
UTHR	C	-0.46%
SYK	C	-0.45%
NBIX	C	-0.44%
MANH	C	-0.41%
TT	B	-0.4%
LDOS	D	-0.4%
ALL	B	-0.4%
MU	D	-0.37%
NOW	B	-0.37%
ETN	A	-0.36%
ES	D	-0.35%
TJX	A	-0.34%
NTRA	B	-0.33%
MTN	C	-0.31%
EME	B	-0.3%
OSK	B	-0.28%
SPGI	C	-0.26%
NTAP	C	-0.26%
HUBS	B	-0.25%
NNN	D	-0.25%
PH	A	-0.24%
CRWD	B	-0.23%
SPG	C	-0.23%
WING	F	-0.22%
MCK	C	-0.21%
HAS	D	-0.21%
EXEL	A	-0.18%
CPT	B	-0.18%
NFLX	B	-0.15%
PG	A	-0.15%
AVB	B	-0.15%
OHI	D	-0.15%
TSCO	C	-0.14%
BSX	C	-0.14%
INCY	C	-0.14%
BKNG	B	-0.13%
SMAR	A	-0.12%
DDS	B	-0.11%
IDA	B	-0.1%
TMO	F	-0.1%
HES	C	-0.07%
KRG	B	-0.07%
WCN	A	-0.06%
NYT	C	-0.05%
ROST	C	-0.05%
WHR	B	-0.05%
SNAP	C	-0.04%
K	A	-0.04%
GWW	A	-0.03%
INGR	B	-0.03%
CBOE	B	-0.03%
IVZ	B	-0.02%
PAG	B	-0.02%
MELI	C	-0.02%
SON	D	-0.02%
FLEX	B	-0.02%
JNPR	F	-0.02%
LEVI	F	-0.01%
XP	F	-0.01%
MCD	D	-0.0%
EQIX	A	-0.0%
COST	B	-0.0%