FTHI vs. FEX ETF Comparison

Comparison of First Trust High Income ETF (FTHI) to First Trust Large Cap Core AlphaDEX (FEX)

FTHI

First Trust High Income ETF

FTHI Description

The investment seeks current income; capital appreciation is a secondary objective. The fund will pursue its objectives by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500(c) Index (the "index"). The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will write will be limited to U.S. exchange-traded securities and options. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.68

Average Daily Volume

244,323

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX 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 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 500(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

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	FTHI	FEX
30 Days	2.96%	6.62%
60 Days	3.94%	8.07%
90 Days	5.68%	10.60%
12 Months	18.62%	33.47%

74 Overlapping Holdings

Symbol	Grade	Weight in FTHI	Weight in FEX	Overlap
AAPL	C	5.63%	0.17%	0.17%
AJG	B	0.05%	0.18%	0.05%
AMGN	D	0.31%	0.07%	0.07%
AMT	D	0.29%	0.14%	0.14%
AMZN	C	3.92%	0.09%	0.09%
ARES	A	0.42%	0.09%	0.09%
AVGO	D	1.65%	0.24%	0.24%
BAC	A	0.56%	0.3%	0.3%
BAH	F	0.31%	0.29%	0.29%
BDX	F	0.07%	0.08%	0.07%
BKNG	A	0.36%	0.3%	0.3%
BLK	C	0.24%	0.09%	0.09%
BRK.A	B	1.73%	0.26%	0.26%
CAT	B	0.41%	0.25%	0.25%
CCI	D	0.53%	0.07%	0.07%
CL	D	0.05%	0.15%	0.05%
COP	C	0.24%	0.46%	0.24%
COST	B	0.83%	0.35%	0.35%
CVX	A	0.26%	0.46%	0.26%
D	C	0.08%	0.25%	0.08%
DECK	A	0.41%	0.19%	0.19%
DELL	C	0.45%	0.19%	0.19%
DUK	C	0.31%	0.33%	0.31%
ELV	F	0.03%	0.2%	0.03%
EQIX	A	0.21%	0.09%	0.09%
EXR	D	0.14%	0.15%	0.14%
FNF	B	0.35%	0.17%	0.17%
GE	D	0.35%	0.32%	0.32%
GIS	D	0.03%	0.22%	0.03%
GOOGL	C	2.17%	0.09%	0.09%
GS	A	0.33%	0.5%	0.33%
HD	A	0.88%	0.09%	0.09%
IBM	C	0.36%	0.32%	0.32%
ISRG	A	0.37%	0.27%	0.27%
JPM	A	1.41%	0.3%	0.3%
KO	D	0.46%	0.15%	0.15%
LLY	F	1.18%	0.14%	0.14%
LMT	D	0.26%	0.08%	0.08%
LOW	D	0.31%	0.08%	0.08%
MA	C	0.88%	0.09%	0.09%
MDLZ	F	0.03%	0.15%	0.03%
MDT	D	0.45%	0.16%	0.16%
META	D	2.55%	0.33%	0.33%
MMC	B	0.42%	0.08%	0.08%
MO	A	0.9%	0.09%	0.09%
MSI	B	0.17%	0.37%	0.17%
NEE	D	0.24%	0.31%	0.24%
NFLX	A	0.72%	0.3%	0.3%
NOW	A	0.42%	0.29%	0.29%
NVDA	C	6.56%	0.29%	0.29%
O	D	0.24%	0.15%	0.15%
ORCL	B	0.53%	0.37%	0.37%
PAYX	C	0.21%	0.09%	0.09%
PEP	F	0.45%	0.08%	0.08%
PM	B	0.37%	0.37%	0.37%
PSA	D	0.3%	0.24%	0.24%
SO	D	0.2%	0.17%	0.17%
SPG	B	0.05%	0.18%	0.05%
SPGI	C	0.33%	0.25%	0.25%
SYK	C	0.05%	0.09%	0.05%
T	A	0.35%	0.44%	0.35%
TGT	F	0.11%	0.34%	0.11%
TJX	A	0.32%	0.26%	0.26%
TMO	F	0.38%	0.07%	0.07%
TMUS	B	0.3%	0.39%	0.3%
TOL	B	0.45%	0.42%	0.42%
TSLA	B	1.36%	0.22%	0.22%
VST	B	0.97%	0.52%	0.52%
VZ	C	0.35%	0.32%	0.32%
WEC	A	0.15%	0.26%	0.15%
WFC	A	0.49%	0.44%	0.44%
WSO	A	0.33%	0.18%	0.18%
XEL	A	0.19%	0.36%	0.19%
XOM	B	1.0%	0.43%	0.43%

FTHI Overweight 91 Positions Relative to FEX

Symbol	Grade	Weight
MSFT	F	6.53%
GOOG	C	1.84%
BXMT	C	1.55%
SLG	B	1.44%
JXN	C	1.11%
UNH	C	1.08%
V	A	1.01%
CRNX	C	0.99%
CCEP	C	0.98%
UL	D	0.94%
LADR	B	0.87%
PG	A	0.79%
BRBR	A	0.77%
CALM	A	0.76%
WMT	A	0.69%
CRM	B	0.65%
INGR	B	0.64%
PTVE	B	0.64%
ABBV	D	0.62%
IDA	A	0.59%
ALSN	B	0.53%
MRK	F	0.49%
NVS	D	0.49%
EXP	A	0.48%
SLM	A	0.48%
BMY	B	0.48%
CVLT	B	0.48%
GILD	C	0.47%
DTM	B	0.46%
IDCC	A	0.45%
AMD	F	0.45%
SFM	A	0.45%
INSM	C	0.44%
HLI	B	0.44%
ADBE	C	0.44%
EWBC	A	0.43%
INTU	C	0.43%
UMBF	B	0.43%
MEDP	D	0.42%
ITW	B	0.41%
LIN	D	0.41%
PPC	C	0.41%
EHC	B	0.39%
AM	A	0.38%
USFD	A	0.38%
CME	A	0.37%
TXN	C	0.36%
LANC	C	0.36%
SLVM	B	0.35%
KNSL	B	0.35%
HESM	B	0.34%
FTI	A	0.34%
RTX	C	0.33%
ADP	B	0.33%
SCCO	F	0.33%
MGEE	C	0.32%
QCOM	F	0.32%
HON	B	0.31%
DHR	F	0.31%
VEEV	C	0.31%
AMAT	F	0.31%
KRC	C	0.31%
BKU	A	0.3%
LOPE	B	0.3%
SBRA	C	0.3%
MATX	C	0.3%
UNP	C	0.29%
GAP	C	0.27%
DHT	F	0.27%
IIPR	D	0.27%
GGG	B	0.27%
NVO	D	0.25%
ATR	B	0.25%
SBLK	F	0.24%
CNA	B	0.23%
PFGC	B	0.22%
AMH	D	0.22%
STNG	F	0.22%
CVBF	A	0.2%
FLO	D	0.2%
OTTR	C	0.2%
MUSA	A	0.19%
GEV	B	0.17%
NEU	C	0.17%
REYN	D	0.16%
KAR	B	0.15%
SFNC	B	0.14%
OGN	D	0.13%
BX	A	0.13%
NHI	D	0.12%
PFE	D	0.1%

FTHI Underweight 299 Positions Relative to FEX

Symbol	Grade	Weight
APP	B	-0.97%
PLTR	B	-0.7%
UAL	A	-0.67%
AXON	A	-0.64%
RCL	A	-0.55%
SYF	B	-0.54%
DAL	C	-0.53%
GM	B	-0.53%
EXPE	B	-0.52%
SNA	A	-0.52%
VRT	B	-0.52%
FICO	B	-0.5%
EME	C	-0.49%
KKR	A	-0.49%
CVNA	B	-0.48%
HWM	A	-0.48%
PCAR	B	-0.48%
PWR	A	-0.47%
OC	A	-0.47%
EOG	A	-0.47%
STLD	B	-0.47%
CINF	A	-0.47%
WAB	B	-0.46%
TRGP	B	-0.46%
TROW	B	-0.46%
CTRA	B	-0.46%
BK	A	-0.46%
TT	A	-0.45%
AXP	A	-0.45%
ALL	A	-0.45%
FANG	D	-0.45%
CCL	B	-0.45%
F	C	-0.45%
VLO	C	-0.45%
FOXA	B	-0.45%
RS	B	-0.45%
URI	B	-0.44%
CMCSA	B	-0.44%
HEI	B	-0.44%
BURL	A	-0.44%
SLB	C	-0.44%
HPE	B	-0.44%
HAL	C	-0.44%
KMI	A	-0.43%
PGR	A	-0.43%
CF	B	-0.43%
NRG	B	-0.43%
MPC	D	-0.42%
OXY	D	-0.42%
DVN	F	-0.42%
CPNG	D	-0.42%
CTSH	B	-0.42%
PSX	C	-0.42%
UTHR	C	-0.42%
MTB	A	-0.41%
EQT	B	-0.41%
DASH	A	-0.41%
HBAN	A	-0.41%
LYV	A	-0.41%
IRM	D	-0.41%
COF	B	-0.41%
NUE	C	-0.41%
GDDY	A	-0.4%
BG	F	-0.4%
IP	B	-0.4%
FI	A	-0.4%
TPL	A	-0.4%
EG	C	-0.4%
BKR	B	-0.4%
FCNCA	A	-0.4%
LNG	B	-0.4%
ON	D	-0.39%
RBLX	C	-0.39%
THC	D	-0.39%
SRE	A	-0.38%
CVS	D	-0.38%
LEN	D	-0.38%
PHM	D	-0.38%
VTRS	A	-0.38%
HOOD	B	-0.38%
CFG	B	-0.38%
ETR	B	-0.38%
FDX	B	-0.37%
LYB	F	-0.37%
PH	A	-0.37%
C	A	-0.37%
ADM	D	-0.37%
CTAS	B	-0.36%
AEE	A	-0.36%
CRBG	B	-0.36%
DHI	D	-0.36%
CNP	B	-0.36%
INTC	D	-0.36%
ATO	A	-0.36%
BRO	B	-0.36%
NI	A	-0.36%
SWKS	F	-0.36%
GEN	B	-0.36%
L	A	-0.36%
LII	A	-0.35%
HCA	F	-0.35%
AIG	B	-0.35%
DGX	A	-0.35%
ZBH	C	-0.35%
VTR	C	-0.34%
CB	C	-0.34%
AFL	B	-0.34%
ALLY	C	-0.34%
HIG	B	-0.34%
KR	B	-0.34%
MS	A	-0.33%
ANET	C	-0.33%
EXC	C	-0.33%
CNC	D	-0.33%
RMD	C	-0.33%
DTE	C	-0.32%
AEP	D	-0.32%
TXT	D	-0.32%
EBAY	D	-0.32%
ERIE	D	-0.32%
AMP	A	-0.31%
NTRS	A	-0.31%
ULTA	F	-0.31%
DG	F	-0.31%
APTV	D	-0.31%
BLDR	D	-0.31%
OKE	A	-0.31%
ED	D	-0.31%
CEG	D	-0.3%
FTNT	C	-0.3%
CHTR	C	-0.3%
GRMN	B	-0.3%
ALNY	D	-0.29%
GWW	B	-0.29%
RF	A	-0.29%
ZM	B	-0.29%
AKAM	D	-0.29%
ACGL	D	-0.29%
STT	A	-0.28%
LUV	C	-0.28%
FITB	A	-0.28%
PKG	A	-0.28%
USB	A	-0.28%
TRV	B	-0.28%
FSLR	F	-0.27%
PCG	A	-0.27%
TDY	B	-0.27%
JBHT	C	-0.27%
TTD	B	-0.27%
WELL	A	-0.27%
CSCO	B	-0.27%
CASY	A	-0.27%
BSX	B	-0.27%
HLT	A	-0.27%
CSX	B	-0.26%
LNT	A	-0.26%
PPL	B	-0.26%
TYL	B	-0.26%
MANH	D	-0.25%
EIX	B	-0.25%
DE	A	-0.25%
CMS	C	-0.25%
ICE	C	-0.25%
SHW	A	-0.25%
SSNC	B	-0.25%
MCO	B	-0.25%
EQR	B	-0.25%
PEG	A	-0.25%
HRL	D	-0.24%
PPG	F	-0.24%
JNJ	D	-0.24%
GPC	D	-0.23%
RJF	A	-0.23%
CE	F	-0.23%
NVR	D	-0.23%
VLTO	D	-0.23%
CARR	D	-0.23%
HUM	C	-0.22%
BBY	D	-0.22%
APO	B	-0.22%
TDG	D	-0.22%
KHC	F	-0.22%
STX	D	-0.22%
DOW	F	-0.21%
BIIB	F	-0.21%
KDP	D	-0.21%
EFX	F	-0.21%
CPAY	A	-0.2%
DIS	B	-0.2%
NDAQ	A	-0.19%
APD	A	-0.19%
PNC	B	-0.19%
CMI	A	-0.19%
MSTR	C	-0.19%
KEY	B	-0.19%
IR	B	-0.18%
HUBB	B	-0.18%
BR	A	-0.18%
IEX	B	-0.18%
PRU	A	-0.18%
RGA	A	-0.18%
LH	C	-0.18%
J	F	-0.18%
WRB	A	-0.18%
NWSA	B	-0.18%
ETN	A	-0.18%
KIM	A	-0.18%
TSN	B	-0.18%
PYPL	B	-0.18%
LVS	C	-0.17%
CSL	C	-0.17%
UPS	C	-0.17%
MAA	B	-0.17%
DRI	B	-0.17%
PFG	D	-0.17%
LHX	C	-0.17%
IT	C	-0.17%
WY	D	-0.16%
DD	D	-0.16%
UBER	D	-0.16%
CI	F	-0.16%
AWK	D	-0.16%
ROST	C	-0.16%
FE	C	-0.16%
FTV	C	-0.16%
GD	F	-0.16%
OMC	C	-0.16%
TSCO	D	-0.16%
KEYS	A	-0.16%
ECL	D	-0.16%
NTAP	C	-0.16%
HOLX	D	-0.16%
CTVA	C	-0.16%
SYY	B	-0.16%
ARE	D	-0.15%
HSY	F	-0.15%
CPB	D	-0.15%
XYL	D	-0.15%
DOC	D	-0.15%
COIN	C	-0.15%
WLK	D	-0.14%
NKE	D	-0.14%
MOH	F	-0.14%
WMB	A	-0.11%
MPWR	F	-0.11%
RPM	A	-0.1%
PANW	C	-0.1%
MAR	B	-0.1%
EMR	A	-0.1%
CBOE	B	-0.09%
MET	A	-0.09%
AVB	B	-0.09%
MSCI	C	-0.09%
CMG	B	-0.09%
WST	C	-0.09%
ESS	B	-0.09%
ABT	B	-0.09%
SBUX	A	-0.09%
CLX	B	-0.09%
RSG	A	-0.09%
HPQ	B	-0.09%
DOV	A	-0.09%
NSC	B	-0.09%
ORLY	B	-0.09%
APH	A	-0.09%
ODFL	B	-0.09%
JCI	C	-0.09%
MKL	A	-0.09%
ADSK	A	-0.09%
AON	A	-0.09%
RIVN	F	-0.08%
AVY	D	-0.08%
ZTS	D	-0.08%
MKC	D	-0.08%
EXPD	D	-0.08%
MAS	D	-0.08%
SBAC	D	-0.08%
NOC	D	-0.08%
MU	D	-0.08%
KMB	D	-0.08%
MCD	D	-0.08%
VICI	C	-0.08%
POOL	C	-0.08%
GLPI	C	-0.08%
NDSN	B	-0.08%
OTIS	C	-0.08%
WAT	B	-0.08%
ROL	B	-0.08%
ACN	C	-0.08%
AZO	C	-0.08%
VRTX	F	-0.08%
KLAC	D	-0.07%
IQV	D	-0.07%
CAG	D	-0.07%
RVTY	F	-0.07%
BLD	D	-0.07%
WSM	B	-0.07%
FCX	D	-0.07%
GEHC	F	-0.07%