FXD vs. PAPI ETF Comparison

Comparison of First Trust Consumer Discret. AlphaDEX (FXD) to Parametric Equity Premium Income ETF (PAPI)

FXD

First Trust Consumer Discret. AlphaDEX

FXD 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) Consumer Discretionary Index (the "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 consumer discretionary 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

$66.68

Average Daily Volume

25,266

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	FXD	PAPI
30 Days	6.57%	3.08%
60 Days	5.97%	3.73%
90 Days	7.28%	4.88%
12 Months	27.20%	19.25%

21 Overlapping Holdings

Symbol	Grade	Weight in FXD	Weight in PAPI	Overlap
BBY	D	0.48%	0.49%	0.48%
COLM	B	0.82%	0.53%	0.53%
COST	B	1.12%	0.54%	0.54%
CRI	D	1.1%	0.41%	0.41%
DRI	B	0.55%	0.54%	0.54%
FOXA	B	1.2%	0.57%	0.57%
GNTX	C	1.1%	0.54%	0.54%
GPC	D	0.48%	0.45%	0.45%
GRMN	B	0.64%	0.65%	0.64%
HAS	D	0.22%	0.46%	0.22%
IPG	D	0.74%	0.45%	0.45%
LEA	D	1.18%	0.48%	0.48%
LEN	D	1.21%	0.47%	0.47%
LKQ	D	1.04%	0.51%	0.51%
NYT	C	0.25%	0.5%	0.25%
OMC	C	0.26%	0.49%	0.26%
PAG	B	1.07%	0.54%	0.54%
PII	D	0.87%	0.43%	0.43%
TJX	A	0.55%	0.54%	0.54%
TXRH	C	0.91%	0.57%	0.57%
WHR	B	1.14%	0.57%	0.57%

FXD Overweight 98 Positions Relative to PAPI

Symbol	Grade	Weight
UAL	A	2.14%
CVNA	B	1.85%
RCL	A	1.76%
SPOT	B	1.74%
GM	B	1.72%
LAD	A	1.57%
DUOL	A	1.53%
DDS	B	1.51%
PVH	C	1.38%
CPNG	D	1.38%
DAL	C	1.37%
VAC	B	1.36%
TOL	B	1.33%
EXPE	B	1.32%
TKO	B	1.28%
RBLX	C	1.28%
LYV	A	1.27%
BWA	D	1.27%
SN	D	1.25%
PHM	D	1.21%
BYD	C	1.21%
KSS	F	1.18%
DHI	D	1.15%
HOG	D	1.14%
F	C	1.12%
BURL	A	1.1%
GAP	B	1.08%
NXST	C	1.08%
THO	B	1.07%
M	D	1.06%
NCLH	B	1.05%
BFAM	D	1.02%
APTV	D	1.01%
HRB	D	1.0%
AN	C	1.0%
SKX	D	0.99%
TPR	B	0.99%
DG	F	0.98%
PLNT	A	0.95%
LOPE	B	0.94%
ALK	C	0.94%
SIRI	C	0.92%
TTD	B	0.92%
RL	B	0.88%
AAP	C	0.85%
H	B	0.83%
JWN	C	0.82%
FIVE	F	0.8%
BBWI	D	0.79%
ULTA	F	0.79%
TGT	F	0.79%
DKS	C	0.77%
EBAY	D	0.77%
YETI	C	0.76%
CROX	D	0.74%
CCL	B	0.71%
UHAL	D	0.7%
WSM	B	0.68%
NFLX	A	0.63%
BKNG	A	0.63%
DIS	B	0.61%
LUV	C	0.59%
DECK	A	0.59%
MUSA	A	0.58%
HLT	A	0.58%
BJ	A	0.57%
MSGS	A	0.57%
HD	A	0.54%
MAT	D	0.53%
LVS	C	0.52%
UBER	D	0.51%
TSCO	D	0.51%
MGM	D	0.51%
CZR	F	0.5%
NVR	D	0.5%
WING	D	0.43%
TSLA	B	0.31%
TNL	A	0.3%
AMZN	C	0.29%
NWSA	B	0.28%
CPRT	A	0.28%
CHDN	B	0.27%
ROL	B	0.26%
AZO	C	0.26%
LOW	D	0.26%
ARMK	B	0.26%
TPX	B	0.26%
KMX	B	0.26%
SBUX	A	0.26%
OLLI	D	0.25%
RH	B	0.25%
WYNN	D	0.25%
MCD	D	0.25%
ROST	C	0.24%
SITE	D	0.24%
NKE	D	0.22%
COTY	F	0.21%
FND	C	0.21%

FXD Underweight 168 Positions Relative to PAPI

Symbol	Grade	Weight
SNA	A	-0.63%
IP	B	-0.63%
DTM	B	-0.62%
BKR	B	-0.62%
EMR	A	-0.61%
OKE	A	-0.61%
UNM	A	-0.61%
IDCC	B	-0.61%
PINC	B	-0.6%
FOX	A	-0.59%
CFR	B	-0.59%
TAP	C	-0.59%
EA	A	-0.59%
PB	A	-0.59%
MO	A	-0.59%
IDA	A	-0.59%
KMI	A	-0.58%
CINF	A	-0.58%
JHG	A	-0.58%
WMB	A	-0.58%
JCI	C	-0.58%
RHI	B	-0.57%
TRV	B	-0.57%
SRE	A	-0.57%
CTRA	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
SYK	C	-0.57%
LH	C	-0.57%
XEL	A	-0.57%
CVX	A	-0.57%
CMI	A	-0.57%
FAST	B	-0.56%
WSO	A	-0.56%
CAH	B	-0.56%
EOG	A	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
PM	B	-0.56%
TROW	B	-0.56%
COP	C	-0.56%
VLO	C	-0.55%
PPL	B	-0.55%
DCI	B	-0.55%
INGR	B	-0.55%
UNH	C	-0.55%
GGG	B	-0.55%
EVRG	A	-0.55%
OGE	B	-0.55%
T	A	-0.55%
MOS	F	-0.54%
CMCSA	B	-0.54%
COR	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
WMT	A	-0.54%
CSCO	B	-0.54%
CHD	B	-0.54%
AFG	A	-0.54%
ADP	B	-0.54%
MTN	C	-0.54%
AEE	A	-0.54%
MSFT	F	-0.53%
CTSH	B	-0.53%
LHX	C	-0.53%
AM	A	-0.53%
GILD	C	-0.53%
TXN	C	-0.53%
PRU	A	-0.53%
PAYX	C	-0.53%
ATO	A	-0.53%
MSM	C	-0.53%
HPE	B	-0.53%
GLW	B	-0.53%
HP	B	-0.52%
LNT	A	-0.52%
BMI	B	-0.52%
ROP	B	-0.52%
ABT	B	-0.52%
NFG	A	-0.52%
PG	A	-0.52%
ATR	B	-0.52%
PEG	A	-0.52%
UPS	C	-0.52%
HPQ	A	-0.52%
EXPD	D	-0.52%
XOM	B	-0.52%
PSX	C	-0.52%
CHRD	D	-0.52%
WEC	A	-0.52%
CME	A	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
DD	D	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
DINO	D	-0.51%
HIG	B	-0.51%
FNF	B	-0.51%
APD	A	-0.51%
OXM	D	-0.51%
MDT	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
JNJ	D	-0.5%
DUK	C	-0.5%
RTX	C	-0.5%
POWI	D	-0.5%
DVN	F	-0.5%
FE	C	-0.5%
GD	F	-0.5%
ACN	C	-0.5%
VZ	C	-0.5%
CCOI	B	-0.5%
SNX	C	-0.5%
PFG	D	-0.5%
AEP	D	-0.5%
RGLD	C	-0.5%
BG	F	-0.5%
D	C	-0.5%
MTG	C	-0.5%
SO	D	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
CHE	D	-0.49%
KMB	D	-0.49%
PPG	F	-0.49%
SON	D	-0.49%
FLO	D	-0.49%
LIN	D	-0.49%
JKHY	D	-0.49%
EMN	D	-0.49%
QCOM	F	-0.49%
HRL	D	-0.49%
CAG	D	-0.48%
LYB	F	-0.48%
AOS	F	-0.48%
WEN	D	-0.48%
ADI	D	-0.48%
ED	D	-0.48%
PEP	F	-0.48%
RPRX	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
AMCR	D	-0.47%
CI	F	-0.47%
ADM	D	-0.47%
KDP	D	-0.46%
ABBV	D	-0.46%
ASH	D	-0.46%
FMC	D	-0.46%
KHC	F	-0.46%
MRK	F	-0.46%
IBM	C	-0.46%
SWKS	F	-0.45%
KO	D	-0.45%
DHR	F	-0.45%
ESNT	D	-0.45%
HUN	F	-0.44%
MAN	D	-0.44%
DOW	F	-0.44%
PFE	D	-0.44%
INSW	F	-0.44%
ELV	F	-0.43%
CVI	F	-0.42%
HII	D	-0.39%
NEM	D	-0.38%
SCCO	F	-0.0%