FXL vs. PDP ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to PowerShares DWA Technical Leaders Portfolio (PDP)

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

$134.64

Average Daily Volume

24,304

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$97.93

Average Daily Volume

18,163

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	PDP
30 Days	-0.12%	0.14%
60 Days	4.28%	4.59%
90 Days	0.07%	-0.18%
12 Months	22.63%	26.96%

20 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in PDP	Overlap
AMAT	B	1.67%	1.1%	1.1%
APH	B	0.84%	2.73%	0.84%
APP	B	2.03%	1.23%	1.23%
AVGO	C	1.89%	0.9%	0.9%
CDNS	B	1.09%	2.79%	1.09%
CDW	D	0.63%	0.7%	0.63%
ENTG	B	1.36%	1.6%	1.36%
GOOGL	A	0.81%	0.65%	0.65%
INTU	C	0.65%	1.44%	0.65%
IT	B	0.98%	0.49%	0.49%
KLAC	B	1.29%	1.39%	1.29%
MANH	B	1.32%	0.54%	0.54%
META	B	1.79%	0.74%	0.74%
MSFT	A	1.11%	0.83%	0.83%
NTNX	C	1.5%	0.51%	0.51%
NVDA	C	2.61%	1.54%	1.54%
PLTR	B	1.56%	0.58%	0.58%
ROP	A	0.33%	2.39%	0.33%
SNPS	B	1.13%	1.77%	1.13%
VRT	C	2.03%	1.73%	1.73%

FXL Overweight 74 Positions Relative to PDP

Symbol	Grade	Weight
PSTG	C	2.28%
HPE	B	2.14%
CRWD	A	2.11%
AVT	B	1.85%
SWKS	B	1.71%
NTAP	B	1.7%
ARW	C	1.69%
GFS	C	1.69%
TOST	C	1.68%
ON	D	1.67%
SNX	C	1.63%
GDDY	A	1.6%
IPGP	F	1.58%
CTSH	C	1.56%
CNXC	F	1.53%
IAC	F	1.5%
CRUS	A	1.43%
DASH	D	1.42%
NOW	B	1.33%
HPQ	B	1.27%
SAIC	D	1.23%
DNB	F	1.23%
PEGA	C	1.22%
ORCL	B	1.2%
DXC	C	1.2%
CACI	A	1.19%
INFA	D	1.19%
LRCX	B	1.17%
DOX	D	1.17%
NET	C	1.13%
MCHP	D	1.09%
CRM	D	1.07%
PCOR	D	1.07%
SSNC	B	1.0%
DDOG	C	0.98%
PTC	C	0.95%
FFIV	D	0.93%
QCOM	C	0.93%
HUBS	C	0.93%
AMD	B	0.89%
OKTA	C	0.87%
GLW	A	0.85%
AKAM	F	0.85%
ADI	B	0.83%
TXN	B	0.78%
KBR	C	0.7%
JBL	F	0.65%
CFLT	F	0.63%
ZM	F	0.6%
NCNO	B	0.59%
DBX	D	0.59%
MTCH	F	0.58%
S	D	0.54%
RNG	F	0.54%
GTLB	F	0.51%
INTC	F	0.48%
TER	B	0.44%
MPWR	B	0.42%
PINS	A	0.42%
OLED	B	0.41%
HCP	A	0.41%
PANW	B	0.37%
ESTC	C	0.36%
ZS	C	0.31%
ADSK	B	0.31%
DLB	F	0.31%
VRSN	C	0.31%
FTNT	F	0.29%
IBM	B	0.29%
DOCU	D	0.28%
WDAY	D	0.25%
MDB	D	0.2%
DV	D	0.17%
PATH	D	0.16%

FXL Underweight 79 Positions Relative to PDP

Symbol	Grade	Weight
ORLY	B	-2.7%
MA	C	-2.59%
TDG	B	-2.53%
CPRT	C	-2.49%
WRB	B	-2.29%
ELF	B	-2.25%
TRGP	A	-2.11%
GWW	D	-1.79%
MEDP	B	-1.66%
KNSL	F	-1.61%
TT	B	-1.58%
COST	B	-1.51%
CMG	B	-1.42%
CTAS	A	-1.39%
LLY	A	-1.3%
BLDR	F	-1.29%
FIX	C	-1.26%
IDXX	D	-1.23%
LSCC	F	-1.13%
PWR	B	-1.04%
NVR	C	-1.03%
TJX	A	-0.93%
V	C	-0.93%
ONTO	B	-0.93%
DECK	C	-0.9%
CEG	B	-0.89%
WFRD	C	-0.87%
WING	B	-0.86%
THC	B	-0.85%
MPC	C	-0.84%
BAH	B	-0.84%
VST	B	-0.79%
URI	C	-0.79%
ANET	B	-0.78%
ARES	C	-0.78%
ISRG	A	-0.71%
HWM	B	-0.71%
CSL	B	-0.7%
COIN	C	-0.69%
CELH	F	-0.68%
FICO	A	-0.67%
TPX	D	-0.65%
APG	B	-0.65%
RCL	A	-0.64%
KKR	B	-0.64%
SNA	D	-0.62%
CLH	A	-0.62%
PCVX	B	-0.61%
APO	A	-0.6%
RHP	D	-0.59%
NFLX	B	-0.59%
MUSA	A	-0.59%
MCK	A	-0.58%
NSIT	B	-0.57%
DKNG	D	-0.57%
AJG	B	-0.56%
ENSG	B	-0.55%
BRO	B	-0.55%
GPS	C	-0.53%
MMC	B	-0.52%
PRI	B	-0.51%
HUBB	D	-0.51%
AIT	C	-0.51%
CHE	D	-0.5%
BX	B	-0.5%
USFD	A	-0.5%
XPO	D	-0.5%
AXON	D	-0.49%
ITW	D	-0.48%
AME	D	-0.48%
MAS	D	-0.47%
DUOL	B	-0.47%
UBER	B	-0.47%
EXP	D	-0.46%
RS	D	-0.44%
IOT	D	-0.44%
WSC	F	-0.44%
GGG	D	-0.44%
EPAM	D	-0.36%

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