FXL vs. RISN ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Inspire Tactical Balanced ESG ETF (RISN)

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

$135.36

Average Daily Volume

24,175

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RISN

Inspire Tactical Balanced ESG ETF

RISN Description

The investment seeks to provide capital appreciation with lower volatility than the U.S. large cap stock market over the long term. The fund, an actively managed ETF, uses a proprietary system of technical analysis to tactically allocate assets into U.S. large cap stocks when the strategy identifies an uptrend in the U.S. large cap stock market, and shifts into U.S. Treasury bonds via third-party ETFs, investment grade and high-yield corporate bonds, government agency bonds, and listed gold exchange-traded products and exchange-traded notes such as SPDR Gold Shares (GLD) when the strategy identifies a downtrend in the U.S. large cap stock market.

Grade (RS Rating)

Last Trade

$25.83

Average Daily Volume

4,724

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	RISN
30 Days	-0.45%	-1.17%
60 Days	8.64%	0.78%
90 Days	0.44%	-3.30%
12 Months	21.46%	11.61%

4 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in RISN	Overlap
APH	B	0.84%	1.2%	0.84%
CACI	A	1.19%	1.12%	1.12%
ROP	A	0.33%	1.1%	0.33%
SWKS	B	1.71%	1.06%	1.06%

FXL Overweight 90 Positions Relative to RISN

Symbol	Grade	Weight
NVDA	B	2.61%
PSTG	B	2.28%
HPE	B	2.14%
CRWD	B	2.11%
VRT	D	2.03%
APP	B	2.03%
AVGO	B	1.89%
AVT	B	1.85%
META	B	1.79%
NTAP	B	1.7%
ARW	C	1.69%
GFS	C	1.69%
TOST	C	1.68%
AMAT	B	1.67%
ON	D	1.67%
SNX	B	1.63%
GDDY	B	1.6%
IPGP	F	1.58%
PLTR	C	1.56%
CTSH	C	1.56%
CNXC	C	1.53%
IAC	F	1.5%
NTNX	D	1.5%
CRUS	B	1.43%
DASH	C	1.42%
ENTG	B	1.36%
NOW	C	1.33%
MANH	B	1.32%
KLAC	B	1.29%
HPQ	B	1.27%
SAIC	D	1.23%
DNB	F	1.23%
PEGA	C	1.22%
ORCL	B	1.2%
DXC	D	1.2%
INFA	C	1.19%
LRCX	B	1.17%
DOX	D	1.17%
SNPS	B	1.13%
NET	D	1.13%
MSFT	A	1.11%
MCHP	C	1.09%
CDNS	B	1.09%
CRM	D	1.07%
PCOR	D	1.07%
SSNC	C	1.0%
IT	C	0.98%
DDOG	C	0.98%
PTC	C	0.95%
FFIV	D	0.93%
QCOM	B	0.93%
HUBS	D	0.93%
AMD	B	0.89%
OKTA	F	0.87%
GLW	A	0.85%
AKAM	F	0.85%
ADI	B	0.83%
GOOGL	A	0.81%
TXN	B	0.78%
KBR	C	0.7%
INTU	C	0.65%
JBL	F	0.65%
CDW	C	0.63%
CFLT	F	0.63%
ZM	D	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	B	0.42%
OLED	A	0.41%
HCP	A	0.41%
PANW	B	0.37%
ESTC	C	0.36%
ZS	C	0.31%
ADSK	B	0.31%
DLB	D	0.31%
VRSN	C	0.31%
FTNT	F	0.29%
IBM	C	0.29%
DOCU	C	0.28%
WDAY	D	0.25%
MDB	D	0.2%
DV	D	0.17%
PATH	F	0.16%

FXL Underweight 71 Positions Relative to RISN

Symbol	Grade	Weight
USFR	A	-19.82%
TSM	B	-1.32%
FICO	A	-1.28%
TJX	A	-1.21%
NVR	C	-1.19%
EXPD	B	-1.18%
RBA	B	-1.18%
BRO	A	-1.17%
CGNX	B	-1.17%
LFUS	B	-1.17%
HEI	B	-1.16%
TTEK	B	-1.15%
EME	B	-1.15%
TTC	B	-1.15%
ICLR	B	-1.14%
ROL	A	-1.14%
PSA	B	-1.14%
CHKP	B	-1.13%
MSCI	D	-1.13%
WSO	B	-1.13%
EGP	C	-1.13%
MAA	B	-1.12%
TXRH	A	-1.12%
IDXX	D	-1.1%
EW	B	-1.1%
PAYX	A	-1.09%
ELV	B	-1.09%
CSL	B	-1.09%
LSTR	B	-1.09%
WLK	D	-1.09%
LAD	F	-1.08%
COLM	B	-1.08%
PCAR	D	-1.08%
WRB	C	-1.08%
ORLY	B	-1.08%
GGG	D	-1.07%
CTAS	A	-1.07%
MLM	D	-1.06%
CNI	D	-1.06%
GNTX	D	-1.06%
NTES	F	-1.05%
RDY	B	-1.05%
MKTX	F	-1.05%
AME	D	-1.05%
RMD	C	-1.05%
CSX	D	-1.04%
JBHT	F	-1.04%
SNA	D	-1.04%
TDG	B	-1.03%
CPRT	C	-1.03%
FCNCA	D	-1.02%
PAG	D	-1.01%
POOL	D	-1.01%
FAST	C	-1.0%
IBN	B	-1.0%
CHE	D	-1.0%
WST	D	-0.99%
ODFL	D	-0.99%
CFR	D	-0.97%
MOH	F	-0.96%
MNST	F	-0.96%
MIDD	D	-0.96%
GPC	D	-0.94%
EOG	C	-0.94%
DAR	F	-0.91%
LECO	D	-0.9%
ASR	C	-0.9%
CSGP	F	-0.88%
AZO	C	-0.87%
NICE	F	-0.81%
EPAM	D	-0.8%

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