FXL vs. IGPT ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Invesco AI and Next Gen Software ETF (IGPT)

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

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

IGPT

Invesco AI and Next Gen Software ETF

IGPT Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.36

Average Daily Volume

45,722

Number of Holdings ^*

63

* may have additional holdings in another (foreign) market

Performance

Period	FXL	IGPT
30 Days	10.22%	4.80%
60 Days	12.16%	6.33%
90 Days	12.82%	4.78%
12 Months	31.26%	31.08%

23 Overlapping Holdings

	Symbol	Grade	Weight in FXL	Weight in IGPT	Overlap
	ADSK	A	0.66%	2.26%	0.66%
	AMD	F	0.25%	6.86%	0.25%
	ANSS	B	0.32%	1.02%	0.32%
	DLB	B	0.89%	0.14%	0.14%
	DOCU	A	1.53%	0.56%	0.56%
	DV	C	0.71%	0.1%	0.1%
	GOOGL	C	0.63%	8.45%	0.63%
	HPE	B	1.62%	0.5%	0.5%
	INFA	D	0.3%	0.06%	0.06%
	INTC	D	1.26%	3.46%	1.26%
	IPGP	D	1.57%	0.08%	0.08%
	LSCC	D	0.57%	0.24%	0.24%
	MCHP	D	0.48%	0.87%	0.48%
	META	D	1.57%	8.18%	1.57%
	MSTR	C	1.15%	1.96%	1.15%
	MU	D	0.28%	3.77%	0.28%
	NTAP	C	0.89%	0.6%	0.6%
	NVDA	C	1.43%	9.18%	1.43%
	PEGA	A	1.88%	0.13%	0.13%
	PSTG	D	0.29%	0.32%	0.29%
	QCOM	F	0.9%	4.16%	0.9%
	SMCI	F	0.26%	0.3%	0.26%
	U	C	0.49%	0.21%	0.21%

FXL Overweight 79 Positions Relative to IGPT

	Symbol	Grade	Weight
	APP	B	3.39%
	PLTR	B	2.47%
	TOST	B	2.22%
	VRT	B	1.89%
	DASH	A	1.89%
	GWRE	A	1.66%
	GFS	C	1.65%
	CTSH	B	1.63%
	DXC	B	1.62%
	PAYC	B	1.6%
	SMAR	A	1.57%
	AVT	C	1.52%
	ON	D	1.44%
	FTNT	C	1.44%
	GDDY	A	1.4%
	ZM	B	1.4%
	TWLO	A	1.39%
	NOW	A	1.38%
	ARW	D	1.35%
	AMKR	D	1.32%
	SWKS	F	1.32%
	ORCL	B	1.3%
	JBL	B	1.28%
	DNB	B	1.27%
	TYL	B	1.25%
	HPQ	B	1.21%
	CNXC	F	1.21%
	DT	C	1.19%
	MANH	D	1.18%
	AVGO	D	1.17%
	DOX	D	1.16%
	EPAM	C	1.15%
	SNX	C	1.14%
	NTNX	A	1.12%
	PANW	C	1.08%
	RNG	B	1.08%
	S	B	1.07%
	DELL	C	1.06%
	AKAM	D	1.04%
	FFIV	B	1.03%
	DBX	B	1.01%
	IT	C	0.99%
	CRUS	D	0.97%
	SSNC	B	0.93%
	HCP	B	0.93%
	CACI	D	0.91%
	AAPL	C	0.91%
	AMAT	F	0.86%
	SAIC	F	0.84%
	MTCH	D	0.77%
	MPWR	F	0.74%
	DAY	B	0.74%
	CRM	B	0.72%
	GLOB	B	0.68%
	APH	A	0.66%
	ROP	B	0.6%
	TXN	C	0.59%
	VRSN	F	0.57%
	IBM	C	0.56%
	KBR	F	0.55%
	IAC	D	0.52%
	OLED	D	0.47%
	ONTO	D	0.47%
	TER	D	0.47%
	PYCR	C	0.36%
	CRWD	B	0.36%
	KD	B	0.36%
	GTLB	B	0.35%
	NET	B	0.34%
	DDOG	A	0.34%
	WDAY	B	0.33%
	GEN	B	0.32%
	GLW	B	0.31%
	APPF	B	0.29%
	MSFT	F	0.29%
	ADI	D	0.27%
	KLAC	D	0.25%
	ALGM	D	0.25%
	CDW	F	0.24%

FXL Underweight 40 Positions Relative to IGPT

	Symbol	Grade	Weight
	ADBE	C	-6.73%
	ISRG	A	-4.56%
	EQIX	A	-2.92%
	CDNS	B	-2.5%
	TTD	B	-1.93%
	DLR	B	-1.89%
	SNPS	B	-1.81%
	MRVL	B	-1.61%
	SNOW	C	-1.48%
	HUBS	A	-1.22%
	AME	A	-1.08%
	EA	A	-0.83%
	WDC	D	-0.74%
	FTV	C	-0.71%
	STX	D	-0.7%
	GRMN	B	-0.65%
	PINS	D	-0.61%
	ARM	D	-0.59%
	BIDU	F	-0.45%
	IOT	A	-0.37%
	BSY	D	-0.29%
	ROKU	D	-0.28%
	CGNX	C	-0.24%
	ESTC	C	-0.23%
	ALTR	B	-0.19%
	RDNT	B	-0.17%
	CRDO	B	-0.17%
	NOVT	D	-0.13%
	SLAB	D	-0.12%
	CCOI	B	-0.11%
	TDC	D	-0.1%
	FIVN	C	-0.1%
	BRZE	C	-0.09%
	MGNI	A	-0.08%
	AMBA	B	-0.08%
	CLVT	F	-0.05%
	VRNT	C	-0.05%
	CXM	C	-0.04%
	HLIT	D	-0.03%
	MXL	C	-0.02%

FXL: Top Represented Industries & Keywords

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

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing Semiconductor Integrated Circuits Work From Home Cloud Infrastructure Electronics Software Software As A Service Mobile Devices Operating System Smartphones Software Development Artificial Intelligence Business Intelligence Electronic Engineering Fabless Semiconductor Companies Information And Communications Technology

IGPT: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Data Storage Software - Infrastructure Internet Content & Information Scientific & Technical Instruments Communication Equipment Semiconductor Equipment & Materials Computer Hardware Conglomerates Diagnostics & Research Diversified Industrials Electronic Gaming & Multimedia Media - Diversified Medical Instruments & Supplies Pay TV REIT - Diversified REIT - Office Semiconductor Memory Telecom Services

Keywords: Computing S&P 500 Nasdaq 100 Mobile Devices Semiconductor Integrated Circuits Ethernet Fabless Semiconductor Companies Software Consumer Electronics Digital Media Electronics Cloud Computing Computer Data Storage Data Management Design Manufacturers Flash Internet Protocol Operating System Social Media