FTA vs. FVD ETF Comparison

Comparison of First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA) to First Trust VL Dividend (FVD)

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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

FVD

First Trust VL Dividend

FVD 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 Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$46.24

Average Daily Volume

487,998

Number of Holdings ^*

201

* may have additional holdings in another (foreign) market

Performance

Period	FTA	FVD
30 Days	4.88%	1.87%
60 Days	5.23%	2.34%
90 Days	6.80%	4.86%
12 Months	26.69%	22.35%

63 Overlapping Holdings

Symbol	Grade	Weight in FTA	Weight in FVD	Overlap
ACN	C	0.18%	0.45%	0.18%
AEE	A	0.72%	0.47%	0.47%
AEP	D	0.47%	0.44%	0.44%
AFL	B	0.5%	0.45%	0.45%
APD	A	0.18%	0.44%	0.18%
ATO	A	0.73%	0.47%	0.47%
AWK	D	0.15%	0.44%	0.15%
CAG	D	0.14%	0.43%	0.14%
CB	C	0.7%	0.45%	0.45%
CLX	B	0.17%	0.48%	0.17%
CMCSA	B	0.91%	0.5%	0.5%
CMI	A	0.19%	0.51%	0.19%
CMS	C	0.34%	0.44%	0.34%
CPB	D	0.16%	0.44%	0.16%
CSCO	B	0.38%	0.48%	0.38%
CSX	B	0.36%	0.49%	0.36%
CTSH	B	0.73%	0.49%	0.49%
CVX	A	0.96%	0.5%	0.5%
DE	A	0.48%	0.45%	0.45%
DGX	A	0.52%	0.49%	0.49%
DTE	C	0.48%	0.43%	0.43%
DUK	C	0.49%	0.43%	0.43%
ED	D	0.64%	0.42%	0.42%
EIX	B	0.33%	0.45%	0.33%
ETR	B	0.78%	0.51%	0.51%
EXC	C	0.66%	0.44%	0.44%
EXPD	D	0.16%	0.47%	0.16%
GD	F	0.17%	0.44%	0.17%
GIS	D	0.31%	0.44%	0.31%
HD	A	0.17%	0.46%	0.17%
HRL	D	0.49%	0.45%	0.45%
HSY	F	0.33%	0.45%	0.33%
IEX	B	0.18%	0.51%	0.18%
JNJ	D	0.33%	0.43%	0.33%
KDP	D	0.31%	0.42%	0.31%
KHC	F	0.46%	0.42%	0.42%
KR	B	0.72%	0.49%	0.49%
LHX	C	0.18%	0.46%	0.18%
LMT	D	0.16%	0.41%	0.16%
LNT	A	0.5%	0.45%	0.45%
LOW	D	0.17%	0.45%	0.17%
MDLZ	F	0.15%	0.43%	0.15%
MDT	D	0.16%	0.44%	0.16%
MS	A	0.65%	0.52%	0.52%
NDSN	B	0.17%	0.47%	0.17%
NI	A	0.53%	0.48%	0.48%
NKE	D	0.15%	0.43%	0.15%
PEP	F	0.17%	0.44%	0.17%
PKG	A	0.38%	0.5%	0.38%
PPG	F	0.33%	0.45%	0.33%
PPL	B	0.51%	0.47%	0.47%
SBUX	A	0.17%	0.48%	0.17%
SNA	A	0.63%	0.51%	0.51%
SRE	A	0.76%	0.5%	0.5%
T	A	0.89%	0.48%	0.48%
TGT	F	0.5%	0.47%	0.47%
TROW	B	0.97%	0.49%	0.49%
TRV	B	0.56%	0.46%	0.46%
UPS	C	0.17%	0.47%	0.17%
VZ	C	0.64%	0.43%	0.43%
WEC	A	0.35%	0.45%	0.35%
XEL	A	0.74%	0.51%	0.51%
XOM	B	0.9%	0.47%	0.47%

FTA Overweight 123 Positions Relative to FVD

Symbol	Grade	Weight
UAL	A	1.4%
SYF	B	1.14%
GM	B	1.13%
DAL	C	1.12%
PCAR	B	1.02%
FOXA	B	0.98%
EOG	A	0.97%
STLD	B	0.96%
CINF	A	0.96%
RS	B	0.94%
COP	C	0.94%
CTRA	B	0.93%
HPE	B	0.92%
F	C	0.92%
AIG	B	0.91%
HAL	C	0.91%
VLO	C	0.91%
WFC	A	0.9%
DVN	F	0.88%
PSX	C	0.87%
TOL	B	0.87%
COF	B	0.86%
OXY	D	0.86%
KMI	A	0.85%
MPC	D	0.85%
NUE	C	0.85%
HBAN	A	0.84%
EG	C	0.82%
EQT	B	0.82%
LNG	B	0.82%
CFG	B	0.8%
BG	F	0.8%
PHM	D	0.79%
LEN	D	0.79%
OC	A	0.78%
CVS	D	0.77%
ADM	D	0.77%
LYB	F	0.76%
VTRS	A	0.76%
C	A	0.76%
INTC	D	0.75%
FDX	B	0.75%
CRBG	B	0.74%
L	A	0.74%
FANG	D	0.74%
SLB	C	0.73%
CNP	B	0.72%
ZBH	C	0.71%
ALLY	C	0.71%
CF	B	0.7%
HIG	B	0.69%
APTV	D	0.66%
ON	D	0.65%
DG	F	0.64%
CHTR	C	0.62%
BKR	B	0.61%
MTB	A	0.61%
SWKS	F	0.6%
IP	B	0.6%
DHI	D	0.6%
BAC	A	0.59%
RF	A	0.58%
FITB	A	0.57%
TDY	B	0.56%
LUV	C	0.56%
USB	A	0.56%
STT	A	0.55%
CNC	D	0.55%
TXT	D	0.5%
D	C	0.5%
EQR	B	0.5%
ULTA	F	0.5%
EBAY	D	0.49%
SYY	B	0.49%
CE	F	0.48%
BLDR	D	0.48%
STX	D	0.46%
RJF	A	0.46%
AKAM	D	0.45%
BBY	D	0.45%
BIIB	F	0.44%
OKE	A	0.42%
ZM	B	0.42%
DOW	F	0.42%
DIS	B	0.4%
KEY	B	0.4%
PNC	B	0.39%
JBHT	C	0.38%
TSN	B	0.38%
NWSA	B	0.38%
RGA	A	0.37%
KIM	A	0.37%
HPQ	B	0.36%
DRI	B	0.36%
PRU	A	0.36%
SSNC	B	0.35%
FNF	B	0.34%
NVR	D	0.33%
DOC	D	0.33%
CARR	D	0.33%
ARE	D	0.32%
FE	C	0.32%
GPC	D	0.31%
MOH	F	0.31%
HUM	C	0.31%
WLK	D	0.3%
ELV	F	0.27%
PYPL	B	0.19%
ODFL	B	0.19%
WRB	A	0.18%
LH	C	0.18%
J	F	0.18%
KEYS	A	0.17%
CTVA	C	0.17%
MAA	B	0.17%
PFG	D	0.17%
OMC	C	0.17%
WY	D	0.16%
DD	D	0.16%
CI	F	0.16%
MAS	D	0.16%
HOLX	D	0.16%
FTV	C	0.16%

FTA Underweight 138 Positions Relative to FVD

Symbol	Grade	Weight
GRMN	B	-0.59%
GATX	A	-0.54%
G	B	-0.54%
EMR	A	-0.54%
CBSH	A	-0.54%
GS	A	-0.53%
DTM	B	-0.53%
PINC	B	-0.53%
RHI	B	-0.53%
AIZ	A	-0.52%
INGR	B	-0.52%
BMY	B	-0.52%
IDA	A	-0.52%
SEIC	B	-0.52%
MO	A	-0.52%
IOSP	B	-0.51%
JCI	C	-0.51%
NSC	B	-0.5%
GILD	C	-0.5%
WSO	A	-0.5%
HLI	B	-0.5%
LANC	C	-0.5%
UVV	B	-0.5%
WERN	C	-0.5%
PM	B	-0.5%
WTW	B	-0.5%
WDFC	B	-0.5%
JPM	A	-0.5%
ITW	B	-0.49%
BLK	C	-0.49%
WM	A	-0.49%
CPK	A	-0.49%
NEU	C	-0.49%
SLGN	A	-0.49%
NDAQ	A	-0.49%
TXN	C	-0.49%
FAST	B	-0.49%
THG	A	-0.49%
BK	A	-0.48%
OTTR	C	-0.48%
DCI	B	-0.48%
CHRW	C	-0.48%
TM	D	-0.48%
EVRG	A	-0.48%
GNTX	C	-0.48%
SCL	C	-0.48%
PAYX	C	-0.48%
BKH	A	-0.48%
SWX	B	-0.48%
BTI	B	-0.48%
TJX	A	-0.48%
MSM	C	-0.48%
LECO	B	-0.48%
UNH	C	-0.48%
ADP	B	-0.48%
PNW	B	-0.48%
BR	A	-0.48%
HON	B	-0.48%
BRC	D	-0.47%
AGR	B	-0.47%
ALE	A	-0.47%
NWN	A	-0.47%
OGS	A	-0.47%
STZ	D	-0.47%
SXT	B	-0.47%
NJR	A	-0.47%
ALL	A	-0.47%
MSEX	B	-0.47%
YUM	B	-0.47%
EQIX	A	-0.47%
SIGI	C	-0.47%
UNP	C	-0.46%
CNI	D	-0.46%
MMM	D	-0.46%
INFY	B	-0.46%
ABT	B	-0.46%
CME	A	-0.46%
DLB	B	-0.46%
PG	A	-0.46%
AWR	B	-0.46%
NWE	B	-0.46%
CAT	B	-0.46%
CALM	A	-0.46%
SR	A	-0.46%
POOL	C	-0.46%
K	A	-0.46%
MMC	B	-0.46%
TD	F	-0.46%
PSA	D	-0.46%
JJSF	B	-0.46%
SNX	C	-0.45%
TAK	F	-0.45%
MKC	D	-0.45%
SON	D	-0.45%
PEG	A	-0.45%
NFG	A	-0.45%
FLO	D	-0.45%
CNA	B	-0.45%
JNPR	F	-0.45%
SO	D	-0.44%
ADI	D	-0.44%
TSCO	D	-0.44%
CWT	D	-0.44%
BDX	F	-0.44%
RTX	C	-0.44%
NOC	D	-0.44%
OTIS	C	-0.44%
POR	C	-0.44%
BAH	F	-0.44%
WTRG	B	-0.44%
MCD	D	-0.44%
DOX	D	-0.44%
CL	D	-0.43%
MMS	F	-0.43%
UL	D	-0.43%
SJM	D	-0.43%
MRK	F	-0.43%
REYN	D	-0.43%
AVY	D	-0.43%
AOS	F	-0.43%
ES	D	-0.43%
RIO	D	-0.43%
TSM	B	-0.43%
AMGN	D	-0.43%
NVS	D	-0.42%
PFE	D	-0.42%
KO	D	-0.42%
GSK	F	-0.42%
IBM	C	-0.42%
SJW	D	-0.42%
ABBV	D	-0.42%
KMB	D	-0.42%
DEO	F	-0.41%
SNY	F	-0.41%
BAX	D	-0.4%
AZN	D	-0.39%
HMC	F	-0.39%
HII	D	-0.35%