FXL vs. QVAL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to ValueShares U.S. Quantitative Value ETF (QVAL)

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

$135.30

Average Daily Volume

23,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.37

Average Daily Volume

23,605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	QVAL
30 Days	0.25%	-2.36%
60 Days	7.71%	2.24%
90 Days	2.53%	0.16%
12 Months	19.05%	30.36%

4 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in QVAL	Overlap
CTSH	D	1.63%	2.09%	1.63%
JBL	C	0.62%	2.03%	0.62%
MTCH	D	0.62%	2.14%	0.62%
ON	C	1.78%	2.08%	1.78%

FXL Overweight 90 Positions Relative to QVAL

Symbol	Grade	Weight
NVDA	B	2.39%
PSTG	A	2.26%
CRWD	A	2.08%
APP	B	2.06%
HPE	A	2.06%
VRT	D	1.99%
AVT	B	1.94%
META	B	1.84%
ARW	B	1.82%
GDDY	B	1.7%
IPGP	D	1.69%
NTAP	A	1.66%
IAC	F	1.65%
SNX	A	1.64%
GFS	C	1.63%
CNXC	D	1.63%
TOST	C	1.61%
AMAT	A	1.57%
NTNX	C	1.55%
AVGO	A	1.54%
SWKS	B	1.53%
DASH	D	1.45%
PLTR	B	1.43%
CRUS	A	1.38%
ENTG	B	1.34%
NOW	C	1.32%
DNB	F	1.32%
PEGA	D	1.29%
HPQ	B	1.28%
MANH	B	1.26%
SAIC	D	1.26%
DXC	D	1.24%
DOX	F	1.22%
KLAC	A	1.21%
CACI	A	1.18%
INFA	C	1.16%
PCOR	F	1.16%
CRM	F	1.14%
MCHP	C	1.12%
LRCX	A	1.1%
MSFT	A	1.08%
SNPS	B	1.07%
ORCL	A	1.06%
NET	D	1.05%
SSNC	D	1.02%
HUBS	D	1.01%
CDNS	A	1.01%
PTC	D	0.99%
IT	C	0.98%
DDOG	C	0.97%
AMD	C	0.95%
FFIV	D	0.94%
OKTA	C	0.91%
AKAM	F	0.89%
QCOM	A	0.88%
ADI	B	0.85%
GOOGL	A	0.82%
APH	A	0.82%
TXN	B	0.81%
GLW	A	0.79%
KBR	C	0.71%
RNG	F	0.7%
ZM	F	0.68%
INTU	C	0.62%
CDW	C	0.62%
DBX	F	0.62%
CFLT	C	0.61%
NCNO	C	0.57%
S	D	0.54%
GTLB	F	0.54%
INTC	F	0.5%
TER	B	0.43%
PINS	A	0.43%
HCP	A	0.42%
MPWR	A	0.39%
ESTC	B	0.38%
PANW	B	0.37%
OLED	A	0.37%
ROP	A	0.33%
DLB	D	0.32%
VRSN	C	0.32%
ZS	C	0.32%
FTNT	D	0.3%
IBM	C	0.3%
DOCU	D	0.29%
ADSK	B	0.28%
WDAY	D	0.26%
MDB	F	0.21%
DV	F	0.18%
PATH	F	0.18%

FXL Underweight 46 Positions Relative to QVAL

Symbol	Grade	Weight
BBY	A	-2.13%
THC	B	-2.08%
HCA	B	-2.06%
PVH	C	-2.05%
MO	B	-2.05%
PCAR	C	-2.05%
UTHR	A	-2.04%
CROX	A	-2.02%
ELV	B	-2.02%
SNA	D	-2.01%
CRC	D	-2.01%
DAL	D	-2.01%
CRI	F	-2.0%
OC	B	-2.0%
NVR	C	-2.0%
BG	C	-2.0%
T	B	-2.0%
IPG	F	-1.99%
MOH	F	-1.99%
CMCSA	F	-1.99%
VLO	D	-1.99%
ULTA	D	-1.99%
OMC	C	-1.99%
KBH	B	-1.99%
WFRD	C	-1.98%
DINO	D	-1.98%
UFPI	D	-1.97%
PHM	B	-1.97%
FANG	D	-1.97%
ALSN	D	-1.97%
CAT	D	-1.97%
TMHC	D	-1.97%
CEIX	C	-1.96%
APA	F	-1.96%
CVI	D	-1.96%
LEA	F	-1.96%
SIG	C	-1.96%
GPK	C	-1.95%
ARCH	D	-1.94%
SM	D	-1.94%
TEX	D	-1.93%
AGCO	F	-1.93%
INSW	C	-1.93%
HAL	F	-1.91%
LBRT	D	-1.9%
ATKR	F	-1.89%

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