FXL vs. XVOL ETF Comparison

Comparison of First Trust Technology AlphaDEX (FXL) to Acruence Active Hedge U.S. Equity ETF (XVOL)

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

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

XVOL

Acruence Active Hedge U.S. Equity ETF

XVOL Description

Valor Latitude Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

Grade (RS Rating)

Last Trade

$23.87

Average Daily Volume

2,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXL	XVOL
30 Days	10.22%	9.73%
60 Days	12.16%	10.22%
90 Days	12.82%	11.71%
12 Months	31.26%	36.35%

4 Overlapping Holdings

Symbol	Grade	Weight in FXL	Weight in XVOL	Overlap
APP	B	3.39%	4.25%	3.39%
AVGO	D	1.17%	2.26%	1.17%
ORCL	B	1.3%	1.6%	1.3%
PLTR	B	2.47%	2.72%	2.47%

FXL Overweight 98 Positions Relative to XVOL

Symbol	Grade	Weight
TOST	B	2.22%
VRT	B	1.89%
DASH	A	1.89%
PEGA	A	1.88%
GWRE	A	1.66%
GFS	C	1.65%
CTSH	B	1.63%
HPE	B	1.62%
DXC	B	1.62%
PAYC	B	1.6%
META	D	1.57%
SMAR	A	1.57%
IPGP	D	1.57%
DOCU	A	1.53%
AVT	C	1.52%
ON	D	1.44%
FTNT	C	1.44%
NVDA	C	1.43%
GDDY	A	1.4%
ZM	B	1.4%
TWLO	A	1.39%
NOW	A	1.38%
ARW	D	1.35%
AMKR	D	1.32%
SWKS	F	1.32%
JBL	B	1.28%
DNB	B	1.27%
INTC	D	1.26%
TYL	B	1.25%
HPQ	B	1.21%
CNXC	F	1.21%
DT	C	1.19%
MANH	D	1.18%
DOX	D	1.16%
EPAM	C	1.15%
MSTR	C	1.15%
SNX	C	1.14%
NTNX	A	1.12%
PANW	C	1.08%
RNG	B	1.08%
S	B	1.07%
DELL	C	1.06%
AKAM	D	1.04%
FFIV	B	1.03%
DBX	B	1.01%
IT	C	0.99%
CRUS	D	0.97%
SSNC	B	0.93%
HCP	B	0.93%
CACI	D	0.91%
AAPL	C	0.91%
QCOM	F	0.9%
NTAP	C	0.89%
DLB	B	0.89%
AMAT	F	0.86%
SAIC	F	0.84%
MTCH	D	0.77%
MPWR	F	0.74%
DAY	B	0.74%
CRM	B	0.72%
DV	C	0.71%
GLOB	B	0.68%
ADSK	A	0.66%
APH	A	0.66%
GOOGL	C	0.63%
ROP	B	0.6%
TXN	C	0.59%
LSCC	D	0.57%
VRSN	F	0.57%
IBM	C	0.56%
KBR	F	0.55%
IAC	D	0.52%
U	C	0.49%
MCHP	D	0.48%
OLED	D	0.47%
ONTO	D	0.47%
TER	D	0.47%
PYCR	C	0.36%
CRWD	B	0.36%
KD	B	0.36%
GTLB	B	0.35%
NET	B	0.34%
DDOG	A	0.34%
WDAY	B	0.33%
ANSS	B	0.32%
GEN	B	0.32%
GLW	B	0.31%
INFA	D	0.3%
APPF	B	0.29%
PSTG	D	0.29%
MSFT	F	0.29%
MU	D	0.28%
ADI	D	0.27%
SMCI	F	0.26%
KLAC	D	0.25%
AMD	F	0.25%
ALGM	D	0.25%
CDW	F	0.24%

FXL Underweight 45 Positions Relative to XVOL

Symbol	Grade	Weight
GFF	A	-3.83%
VZ	C	-3.7%
TFC	A	-2.99%
AXS	A	-2.93%
VST	B	-2.7%
WAFD	B	-2.58%
CCOI	B	-2.55%
TMP	B	-2.46%
THG	A	-2.37%
NNN	D	-2.36%
BBY	D	-2.18%
FICO	B	-2.06%
KKR	A	-2.04%
NTRA	B	-1.99%
NRG	B	-1.97%
MSI	B	-1.9%
WELL	A	-1.77%
CTAS	B	-1.76%
SWX	B	-1.76%
BX	A	-1.76%
T	A	-1.74%
SPG	B	-1.71%
HFWA	B	-1.71%
MMM	D	-1.71%
USFD	A	-1.66%
VTR	C	-1.65%
BMY	B	-1.64%
WMT	A	-1.62%
O	D	-1.54%
PKG	A	-1.53%
MPLX	A	-1.52%
TW	A	-1.51%
FNF	B	-1.49%
PGR	A	-1.48%
WSM	B	-1.45%
EFX	F	-1.45%
TRV	B	-1.43%
GTY	B	-1.39%
ORI	A	-1.38%
BSX	B	-1.36%
ICE	C	-1.34%
PEG	A	-1.33%
SPGI	C	-1.25%
RKT	F	-1.19%
PLOW	D	-1.17%

FXL: Top Represented Industries & Keywords

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