FXL vs. SKYY ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to First Trust ISE Cloud Computing Index Fund (SKYY)

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

$139.51

Average Daily Volume

20,662

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

SKYY

First Trust ISE Cloud Computing Index Fund

SKYY 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 ISE Cloud Computing(TM) Index. The index is owned and was developed by International Securities Exchange, LLC ("ISE" or the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$103.19

Average Daily Volume

126,119

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	SKYY
30 Days	6.94%	8.19%
60 Days	13.38%	19.36%
90 Days	1.06%	5.78%
12 Months	27.79%	38.57%

29 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in SKYY	Overlap
ADBE	F	0.61%	1.66%	0.61%
AKAM	D	1.47%	2.42%	1.47%
APP	A	2.57%	2.55%	2.55%
APPF	C	1.26%	0.63%	0.63%
CFLT	F	0.45%	1.71%	0.45%
CRM	B	0.33%	2.01%	0.33%
CRWD	D	1.2%	0.62%	0.62%
DBX	C	0.74%	0.61%	0.61%
DDOG	B	0.83%	0.6%	0.6%
DELL	C	1.41%	2.02%	1.41%
ESTC	F	0.88%	0.63%	0.63%
GOOGL	B	1.49%	3.68%	1.49%
HPE	B	1.58%	1.94%	1.58%
HUBS	D	0.28%	1.98%	0.28%
IBM	A	0.84%	4.08%	0.84%
INTU	F	0.62%	0.62%	0.62%
MSFT	D	0.9%	3.82%	0.9%
NET	D	0.3%	2.47%	0.3%
NOW	B	1.06%	1.91%	1.06%
NTAP	D	1.25%	1.9%	1.25%
NTNX	C	0.97%	3.58%	0.97%
ORCL	A	1.13%	4.39%	1.13%
PANW	B	1.32%	0.57%	0.57%
PAYC	D	1.09%	0.63%	0.63%
PSTG	F	1.28%	3.63%	1.28%
SMAR	A	0.82%	0.7%	0.7%
TOST	B	1.8%	0.68%	0.68%
ZM	B	1.1%	0.61%	0.61%
ZS	F	0.58%	0.53%	0.53%

FXL Overweight 72 Positions Relative to SKYY

Symbol	Grade	Weight
PLTR	A	2.4%
VRT	B	1.88%
CTSH	B	1.86%
META	A	1.86%
GDDY	B	1.84%
ARW	C	1.8%
AVGO	B	1.76%
GWRE	A	1.74%
AVT	B	1.73%
ON	F	1.73%
HCP	A	1.64%
NVDA	B	1.61%
SAIC	A	1.55%
DOX	B	1.45%
JBL	C	1.44%
DXC	C	1.42%
SNX	C	1.36%
HPQ	B	1.34%
CNXC	F	1.32%
APH	D	1.27%
SWKS	F	1.21%
FFIV	B	1.2%
PINS	D	1.2%
DNB	D	1.16%
IPGP	D	1.15%
PEGA	B	1.13%
AMAT	C	1.12%
SSNC	C	1.11%
SNPS	F	1.11%
TYL	D	1.09%
MPWR	B	1.05%
AMKR	F	1.0%
EPAM	F	0.99%
INTC	D	0.99%
KBR	A	0.95%
OLED	B	0.93%
KLAC	B	0.88%
ONTO	B	0.88%
DASH	A	0.86%
TER	C	0.84%
MTCH	B	0.81%
QCOM	D	0.8%
CACI	A	0.77%
MANH	A	0.75%
IAC	C	0.75%
GFS	F	0.74%
AAPL	C	0.72%
SMCI	F	0.66%
PTC	B	0.65%
CRUS	D	0.64%
CDNS	D	0.58%
MCHP	F	0.57%
ALGM	F	0.54%
OKTA	F	0.52%
LRCX	D	0.5%
MSTR	B	0.38%
GLW	C	0.36%
GLOB	D	0.35%
ADSK	B	0.35%
IT	A	0.35%
S	C	0.35%
TXN	C	0.33%
VRSN	C	0.33%
AMD	C	0.32%
MRVL	C	0.32%
ROP	D	0.31%
ADI	B	0.31%
CDW	D	0.31%
DLB	D	0.3%
LSCC	D	0.29%
DV	F	0.27%
ENTG	D	0.26%

FXL Underweight 33 Positions Relative to SKYY

Symbol	Grade	Weight
LUMN	C	-4.07%
ANET	A	-4.04%
AMZN	C	-3.95%
MDB	D	-2.88%
CSCO	A	-2.57%
SHOP	B	-2.01%
GTLB	D	-2.0%
TWLO	B	-1.88%
WK	D	-1.86%
TEAM	D	-1.82%
DOCN	B	-1.75%
FIVN	F	-1.36%
RNG	F	-1.34%
SAP	C	-1.28%
WIX	D	-1.27%
RBRK	D	-1.2%
APPN	C	-0.97%
FSLY	D	-0.66%
BL	D	-0.65%
DOCU	A	-0.65%
OTEX	D	-0.65%
QTWO	B	-0.64%
TTD	A	-0.64%
BLKB	C	-0.62%
PCTY	C	-0.62%
QLYS	F	-0.62%
SNOW	F	-0.61%
ZUO	F	-0.61%
BOX	C	-0.61%
VEEV	C	-0.6%
SPT	F	-0.58%
WDAY	D	-0.57%
ASAN	F	-0.51%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Semiconductor Equipment & Materials Internet Content & Information 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