FTXO vs. FXO ETF Comparison

Comparison of First Trust Nasdaq Bank ETF (FTXO) to First Trust Financials AlphaDEX (FXO)

FTXO

First Trust Nasdaq Bank ETF

FTXO 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 Nasdaq US Smart Banks Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depository receipts that comprise the underlying index. The index is designed to provide exposure to U.S. companies comprising the banking sector that have been selected based upon their liquidity and weighted based upon their cumulative score on three investing factors: volatility, value and growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.90

Average Daily Volume

34,687

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO 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 StrataQuant(R) Financials 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 NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector 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

$56.64

Average Daily Volume

53,007

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTXO	FXO
30 Days	9.71%	4.75%
60 Days	14.67%	10.07%
90 Days	20.16%	15.29%
12 Months	57.95%	47.85%

27 Overlapping Holdings

Symbol	Grade	Weight in FTXO	Weight in FXO	Overlap
BAC	A	7.85%	0.66%	0.66%
BOKF	A	1.05%	0.64%	0.64%
BPOP	D	0.9%	1.44%	0.9%
C	A	7.58%	1.0%	1.0%
CBSH	A	0.62%	0.34%	0.34%
CFG	A	3.77%	0.65%	0.65%
CFR	B	0.83%	0.36%	0.36%
COLB	B	1.16%	1.36%	1.16%
EWBC	A	1.6%	1.13%	1.13%
FCNCA	A	3.69%	1.08%	1.08%
FHN	A	1.93%	1.16%	1.16%
FITB	A	3.54%	0.63%	0.63%
HBAN	A	3.72%	1.08%	1.08%
JPM	A	7.5%	0.65%	0.65%
KEY	A	2.55%	0.33%	0.33%
MTB	A	4.32%	1.08%	1.08%
OZK	A	0.99%	1.26%	0.99%
PB	A	1.48%	0.65%	0.65%
PNC	A	3.91%	0.64%	0.64%
PNFP	A	1.35%	0.36%	0.36%
RF	A	3.32%	0.64%	0.64%
USB	A	7.42%	0.64%	0.64%
WAL	B	1.22%	0.6%	0.6%
WBS	A	1.98%	1.44%	1.44%
WFC	A	8.67%	1.14%	1.14%
WTFC	A	1.13%	1.08%	1.08%
ZION	A	1.15%	1.13%	1.13%

FTXO Overweight 23 Positions Relative to FXO

Symbol	Grade	Weight
SSB	B	1.14%
ONB	B	1.1%
SNV	B	1.04%
UBSI	A	0.97%
HWC	B	0.79%
HOMB	A	0.78%
ABCB	B	0.73%
UMBF	B	0.69%
CATY	A	0.6%
SFBS	B	0.52%
IBOC	A	0.52%
FULT	A	0.52%
BANF	B	0.51%
BKU	A	0.51%
AX	A	0.51%
CBU	B	0.5%
FFIN	A	0.5%
FFBC	A	0.49%
WSFS	A	0.49%
PRK	B	0.49%
TBBK	A	0.46%
WAFD	B	0.45%
FBP	B	0.43%

FTXO Underweight 74 Positions Relative to FXO

Symbol	Grade	Weight
GS	A	-1.82%
KKR	A	-1.78%
JHG	A	-1.77%
JEF	A	-1.77%
TPG	A	-1.76%
WTM	A	-1.68%
AGO	A	-1.68%
CINF	A	-1.67%
TROW	A	-1.65%
AMG	A	-1.59%
BEN	C	-1.59%
ALL	A	-1.58%
PGR	B	-1.57%
RNR	D	-1.5%
MTG	C	-1.46%
EG	D	-1.43%
ACGL	D	-1.39%
HLI	B	-1.37%
UNM	A	-1.36%
OMF	A	-1.36%
SEIC	A	-1.35%
BX	A	-1.35%
FNB	A	-1.33%
EQH	B	-1.31%
LNC	B	-1.29%
RYAN	B	-1.25%
TW	A	-1.24%
ALLY	C	-1.23%
AXS	A	-1.23%
L	A	-1.22%
MKL	A	-1.22%
GL	B	-1.2%
BRK.A	A	-1.17%
CNA	C	-1.17%
MS	A	-1.14%
UWMC	F	-1.12%
NTRS	A	-1.07%
NU	C	-1.02%
BRO	B	-0.99%
STT	A	-0.98%
CRBG	B	-0.97%
SOFI	A	-0.96%
SLM	A	-0.93%
MCO	D	-0.92%
HIG	A	-0.91%
AFL	C	-0.89%
CB	C	-0.89%
OWL	A	-0.69%
FHB	B	-0.68%
AMP	A	-0.68%
CMA	B	-0.67%
VIRT	A	-0.65%
TRV	A	-0.64%
WRB	A	-0.62%
BK	A	-0.62%
VOYA	A	-0.6%
ORI	A	-0.6%
RJF	A	-0.38%
APO	A	-0.38%
SF	A	-0.36%
DFS	B	-0.36%
MORN	B	-0.32%
AIZ	A	-0.31%
RGA	A	-0.3%
AFG	A	-0.3%
AIG	A	-0.3%
AJG	A	-0.3%
PFG	A	-0.29%
PRU	A	-0.29%
XP	F	-0.28%
STWD	C	-0.28%
FNF	C	-0.28%
FAF	C	-0.28%
AGNC	C	-0.27%