FXL vs. FNK ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

FXL

First Trust Technology AlphaDEX

FXL 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) Technology 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 technology 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

$128.24

Average Daily Volume

30,389

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid 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 MidCap 400(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

$51.87

Average Daily Volume

21,256

Number of Holdings ^*

222

* may have additional holdings in another (foreign) market

Performance

Period	FXL	FNK
30 Days	-4.08%	-2.43%
60 Days	-6.39%	2.20%
90 Days	-3.77%	4.94%
12 Months	33.60%	28.81%

11 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in FNK	Overlap
ARW	B	1.82%	0.76%	0.76%
AVT	A	1.83%	0.76%	0.76%
CACI	A	1.22%	0.15%	0.15%
CNXC	F	1.57%	0.66%	0.66%
CRUS	C	1.03%	0.14%	0.14%
DNB	D	1.39%	0.29%	0.29%
DXC	F	1.35%	0.46%	0.46%
IAC	C	1.69%	0.71%	0.71%
IPGP	F	1.74%	0.45%	0.45%
SAIC	D	1.49%	0.3%	0.3%
SNX	A	1.54%	0.48%	0.48%

FXL Overweight 83 Positions Relative to FNK

Symbol	Grade	Weight
VRT	A	2.04%
APP	B	1.9%
NTNX	C	1.87%
PSTG	C	1.82%
ON	F	1.77%
HPE	D	1.75%
CRWD	D	1.74%
TOST	D	1.74%
DASH	D	1.74%
NVDA	C	1.73%
GFS	D	1.7%
META	D	1.7%
CTSH	F	1.68%
SWKS	F	1.57%
GDDY	A	1.55%
PLTR	D	1.45%
NTAP	C	1.45%
AMAT	C	1.42%
PEGA	D	1.41%
AVGO	D	1.41%
DOX	F	1.39%
NET	F	1.37%
NOW	D	1.36%
CRM	D	1.34%
INFA	D	1.33%
ENTG	D	1.32%
MANH	F	1.25%
PCOR	D	1.25%
DDOG	C	1.16%
MCHP	A	1.12%
HUBS	D	1.09%
SSNC	C	1.08%
KLAC	B	1.08%
MSFT	C	1.06%
PTC	D	1.05%
AKAM	F	1.05%
HPQ	D	1.04%
ORCL	D	1.03%
SNPS	D	1.03%
OKTA	D	1.01%
LRCX	D	1.01%
CDNS	D	1.0%
IT	D	1.0%
FFIV	F	0.99%
AMD	D	0.9%
GOOGL	A	0.82%
KBR	A	0.78%
APH	A	0.78%
GLW	B	0.77%
TXN	A	0.76%
ADI	A	0.74%
DBX	F	0.73%
QCOM	A	0.73%
ZM	F	0.71%
INTU	C	0.71%
CFLT	D	0.7%
GTLB	F	0.69%
S	D	0.69%
MTCH	D	0.65%
RNG	D	0.65%
JBL	F	0.64%
CDW	F	0.63%
NCNO	D	0.61%
INTC	F	0.52%
HCP	B	0.43%
PINS	A	0.42%
ESTC	C	0.38%
MDB	F	0.37%
TER	A	0.36%
PANW	B	0.36%
DOCU	B	0.34%
MPWR	C	0.34%
ROP	F	0.33%
DLB	D	0.33%
FTNT	F	0.33%
ZS	D	0.32%
WDAY	D	0.32%
VRSN	F	0.32%
OLED	C	0.32%
IBM	D	0.31%
DV	D	0.3%
PATH	D	0.3%
ADSK	D	0.29%

FXL Underweight 211 Positions Relative to FNK

Symbol	Grade	Weight
AIRC	A	-0.91%
LBRT	B	-0.85%
RRC	B	-0.84%
NOG	B	-0.83%
SEB	C	-0.79%
CHK	B	-0.79%
GPI	A	-0.79%
NFG	A	-0.79%
CHRD	B	-0.79%
HP	F	-0.78%
MUR	C	-0.78%
OVV	B	-0.78%
AL	A	-0.77%
SM	B	-0.77%
WTM	A	-0.76%
SIG	C	-0.76%
PBF	C	-0.76%
MTDR	D	-0.75%
MATX	B	-0.74%
NOV	D	-0.74%
AGCO	F	-0.74%
PTEN	F	-0.74%
BTU	F	-0.74%
DINO	F	-0.73%
APA	F	-0.72%
RNR	D	-0.72%
ESGR	B	-0.72%
MOS	F	-0.72%
ABG	F	-0.72%
FMC	D	-0.71%
TMHC	C	-0.7%
MTG	C	-0.7%
ESNT	D	-0.7%
CMC	C	-0.7%
KBH	B	-0.7%
RDN	C	-0.7%
VAL	D	-0.69%
MHO	D	-0.69%
AGO	D	-0.69%
MTH	A	-0.68%
JXN	A	-0.66%
WIRE	A	-0.66%
MLI	B	-0.66%
COOP	A	-0.65%
UTHR	A	-0.64%
LAD	F	-0.64%
POR	B	-0.64%
R	A	-0.63%
OZK	B	-0.63%
BKH	B	-0.62%
OGE	A	-0.62%
ALE	A	-0.62%
MGY	B	-0.62%
OGS	B	-0.62%
CADE	B	-0.62%
EVRG	B	-0.61%
VLY	D	-0.61%
SANM	B	-0.61%
COLB	C	-0.61%
AMG	C	-0.6%
UNM	A	-0.6%
BWA	B	-0.6%
SON	D	-0.6%
ALLY	A	-0.6%
MDU	A	-0.6%
ONB	A	-0.59%
AN	B	-0.59%
G	D	-0.59%
TPH	A	-0.58%
BERY	D	-0.58%
CVI	F	-0.58%
TEX	D	-0.58%
BYD	F	-0.58%
TAP	F	-0.58%
ADTN	F	-0.58%
KRC	D	-0.57%
DAR	F	-0.57%
LEA	F	-0.57%
FYBR	C	-0.57%
HOG	D	-0.56%
URBN	D	-0.56%
LBRDK	F	-0.54%
ASO	D	-0.54%
RUSHA	D	-0.53%
AR	A	-0.5%
DTM	B	-0.49%
ALK	B	-0.48%
HWC	A	-0.47%
BOKF	A	-0.47%
NI	A	-0.47%
OGN	B	-0.46%
ABCB	B	-0.46%
PNW	B	-0.46%
OMF	A	-0.46%
FHN	A	-0.45%
FNB	A	-0.45%
ZION	A	-0.45%
WU	C	-0.45%
OSK	D	-0.45%
PAG	D	-0.44%
NXST	C	-0.44%
DDS	B	-0.44%
ENS	D	-0.44%
WTFC	A	-0.44%
EMN	A	-0.44%
CUZ	A	-0.44%
CMA	B	-0.44%
UFPI	C	-0.43%
WAL	C	-0.43%
AMKR	C	-0.43%
WCC	C	-0.43%
M	C	-0.43%
GMS	C	-0.43%
ATKR	B	-0.43%
JAZZ	D	-0.42%
OLN	D	-0.42%
UHS	C	-0.42%
CZR	F	-0.41%
KNX	F	-0.41%
BCC	D	-0.41%
WBS	D	-0.41%
TPR	D	-0.39%
CAR	D	-0.39%
PII	F	-0.39%
PVH	D	-0.37%
CLF	F	-0.37%
KEX	A	-0.33%
BECN	B	-0.31%
LNT	B	-0.31%
BPOP	A	-0.31%
HOMB	A	-0.31%
SLM	A	-0.31%
IDA	B	-0.31%
CACC	D	-0.31%
NJR	B	-0.31%
AXS	B	-0.3%
LFUS	C	-0.3%
SKX	A	-0.3%
PNFP	C	-0.3%
PRGO	B	-0.3%
UBSI	D	-0.3%
SLGN	B	-0.3%
UMBF	B	-0.3%
ASGN	D	-0.3%
EWBC	A	-0.3%
COLM	B	-0.3%
TKR	B	-0.3%
ASH	A	-0.3%
WTRG	B	-0.3%
ORI	A	-0.3%
SWX	A	-0.3%
PB	B	-0.3%
SEIC	C	-0.29%
SSB	D	-0.29%
HII	D	-0.29%
HGV	D	-0.29%
RYN	F	-0.28%
BBWI	C	-0.28%
BXMT	F	-0.28%
SNV	C	-0.28%
SEM	B	-0.28%
HUN	D	-0.28%
GT	D	-0.27%
CROX	D	-0.27%
IP	D	-0.27%
WHR	F	-0.27%
THO	F	-0.27%
BC	F	-0.27%
PFSI	A	-0.16%
JEF	B	-0.16%
AYI	C	-0.15%
SIGI	F	-0.15%
AGNC	B	-0.15%
FAF	F	-0.15%
NYCB	D	-0.15%
AFG	D	-0.15%
GMED	D	-0.15%
MMS	C	-0.15%
BXP	F	-0.15%
HSIC	F	-0.15%
PENN	F	-0.15%
RGA	A	-0.15%
CCK	C	-0.15%
AVNT	A	-0.15%
SF	A	-0.15%
BJ	C	-0.15%
EHC	A	-0.15%
REYN	D	-0.15%
AEO	C	-0.14%
LSTR	D	-0.14%
SKY	D	-0.14%
LPX	D	-0.14%
MIDD	D	-0.14%
RHI	F	-0.14%
LANC	D	-0.14%
CIEN	D	-0.14%
GXO	F	-0.14%
DKS	B	-0.14%
VNO	D	-0.14%
JLL	C	-0.14%
TFX	F	-0.14%
THC	A	-0.14%
AIZ	C	-0.14%
USFD	C	-0.14%
FUL	C	-0.14%
SEE	C	-0.13%
SUM	D	-0.13%
IVZ	D	-0.13%
NEOG	F	-0.12%
GPS	D	-0.11%
GL	F	-0.1%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Systems Conglomerates Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction Internet Content & Information Media - Diversified