FXL vs. XSW ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to SPDR S&P Software & Services ETF (XSW)

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

$127.59

Average Daily Volume

31,991

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$148.01

Average Daily Volume

13,796

Number of Holdings ^*

126

* may have additional holdings in another (foreign) market

Performance

Period	FXL	XSW
30 Days	-5.14%	-3.69%
60 Days	-5.66%	-2.16%
90 Days	-3.23%	-0.86%
12 Months	33.12%	28.88%

41 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in XSW	Overlap
ADSK	F	0.31%	0.68%	0.31%
APP	B	1.91%	0.89%	0.89%
CDNS	D	1.07%	0.76%	0.76%
CFLT	C	0.69%	0.69%	0.69%
CRM	D	1.34%	0.73%	0.73%
CRWD	D	1.73%	0.75%	0.75%
CTSH	D	1.73%	0.71%	0.71%
DBX	D	0.7%	0.77%	0.7%
DDOG	B	1.13%	0.84%	0.84%
DLB	D	0.33%	0.77%	0.33%
DOCU	B	0.33%	0.83%	0.33%
DV	D	0.31%	0.77%	0.31%
DXC	C	1.4%	0.77%	0.77%
ESTC	C	0.33%	0.74%	0.33%
FTNT	C	0.33%	0.73%	0.33%
GTLB	C	0.68%	0.75%	0.68%
HCP	B	0.31%	0.73%	0.31%
HUBS	A	1.13%	0.88%	0.88%
IBM	C	0.33%	0.76%	0.33%
INFA	B	1.52%	0.9%	0.9%
INTU	C	0.7%	0.76%	0.7%
IT	D	1.08%	0.79%	0.79%
MANH	F	1.36%	0.73%	0.73%
MSFT	D	1.09%	0.81%	0.81%
NCNO	F	0.61%	0.83%	0.61%
NOW	C	1.43%	0.79%	0.79%
NTNX	D	1.83%	0.74%	0.74%
ORCL	D	1.06%	0.84%	0.84%
PANW	B	0.34%	0.82%	0.34%
PATH	D	0.3%	0.66%	0.3%
PCOR	D	1.31%	0.74%	0.74%
PEGA	D	1.34%	0.74%	0.74%
PLTR	D	1.41%	0.66%	0.66%
PTC	C	1.04%	0.78%	0.78%
RNG	F	0.65%	0.66%	0.65%
ROP	C	0.33%	0.79%	0.33%
S	C	0.66%	0.61%	0.61%
SNPS	D	1.06%	0.74%	0.74%
WDAY	D	0.33%	0.79%	0.33%
ZM	F	0.68%	0.73%	0.68%
ZS	D	0.32%	0.71%	0.32%

FXL Overweight 53 Positions Relative to XSW

Symbol	Grade	Weight
META	B	1.9%
PSTG	B	1.86%
VRT	A	1.83%
HPE	B	1.8%
DASH	B	1.78%
AVT	A	1.76%
NVDA	D	1.76%
ARW	A	1.76%
IPGP	D	1.72%
SWKS	D	1.71%
GFS	F	1.68%
TOST	C	1.67%
IAC	D	1.66%
ON	D	1.65%
CNXC	F	1.6%
GDDY	A	1.51%
AMAT	D	1.48%
SNX	A	1.46%
AVGO	D	1.46%
NTAP	B	1.44%
ENTG	D	1.39%
DOX	D	1.39%
NET	D	1.38%
DNB	D	1.38%
SAIC	C	1.37%
FFIV	D	1.08%
KLAC	D	1.08%
LRCX	D	1.08%
CACI	A	1.07%
MCHP	B	1.06%
CRUS	C	1.04%
AKAM	D	1.04%
HPQ	D	1.03%
SSNC	C	1.03%
OKTA	D	1.0%
AMD	D	0.99%
GOOGL	A	0.76%
QCOM	B	0.74%
JBL	F	0.73%
KBR	A	0.72%
APH	A	0.72%
TXN	B	0.71%
ADI	B	0.71%
CDW	C	0.7%
GLW	C	0.7%
MTCH	F	0.65%
INTC	F	0.61%
MPWR	C	0.34%
VRSN	F	0.34%
MDB	D	0.34%
TER	D	0.33%
PINS	D	0.33%
OLED	D	0.33%

FXL Underweight 85 Positions Relative to XSW

Symbol	Grade	Weight
AUR	B	-1.05%
MODN	B	-0.97%
ZETA	A	-0.94%
ENV	A	-0.94%
AGYS	A	-0.87%
MITK	B	-0.86%
BLKB	A	-0.86%
BSY	A	-0.86%
JAMF	A	-0.85%
ALKT	B	-0.83%
QTWO	A	-0.83%
EVBG	A	-0.82%
ZUO	A	-0.82%
VERX	B	-0.81%
DT	D	-0.81%
TTWO	D	-0.8%
ALTR	C	-0.8%
ACIW	A	-0.8%
FIVN	D	-0.8%
CWAN	D	-0.79%
QLYS	B	-0.79%
TDC	D	-0.79%
ANSS	C	-0.79%
TENB	C	-0.78%
FRSH	D	-0.78%
ATEN	B	-0.78%
CVLT	C	-0.78%
APPN	B	-0.78%
TYL	C	-0.78%
PLTK	D	-0.78%
VRNT	B	-0.77%
TEAM	D	-0.76%
EA	D	-0.76%
PRGS	D	-0.76%
PRO	D	-0.76%
APPF	D	-0.76%
ETWO	B	-0.75%
GWRE	C	-0.75%
RAMP	F	-0.75%
NABL	D	-0.75%
SMAR	D	-0.74%
INST	F	-0.74%
YEXT	F	-0.74%
KD	C	-0.74%
IDCC	C	-0.74%
WK	F	-0.74%
BILL	F	-0.73%
SWI	B	-0.73%
RBLX	F	-0.73%
BOX	C	-0.73%
FICO	C	-0.73%
YOU	F	-0.73%
SPT	F	-0.73%
SPSC	D	-0.72%
BL	D	-0.71%
U	F	-0.71%
VRNS	C	-0.71%
INTA	F	-0.71%
IBUY	C	-0.7%
ADBE	D	-0.7%
ALRM	C	-0.7%
OLO	D	-0.69%
CXM	D	-0.69%
PDFS	F	-0.69%
MSTR	C	-0.69%
ACN	F	-0.68%
PWSC	F	-0.68%
RPD	D	-0.67%
CLSK	B	-0.66%
IOT	B	-0.65%
EPAM	F	-0.65%
CRNC	F	-0.6%
BRZE	D	-0.6%
ASAN	D	-0.59%
EGHT	F	-0.59%
GDYN	F	-0.59%
PRFT	F	-0.56%
RIOT	D	-0.55%
AI	F	-0.54%
OSPN	B	-0.54%
DMRC	F	-0.53%
SOUN	D	-0.53%
MARA	D	-0.52%
HCKT	D	-0.39%
AMSWA	F	-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