FXO vs. DFNL ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to Davis Select Financial ETF (DFNL)

FXO

First Trust Financials AlphaDEX

FXO 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) Financials 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 financial services 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

$57.42

Average Daily Volume

54,562

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.21

Average Daily Volume

9,031

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	DFNL
30 Days	7.73%	5.93%
60 Days	12.20%	9.40%
90 Days	14.01%	11.08%
12 Months	49.93%	43.54%

15 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in DFNL	Overlap
BAC	A	0.67%	2.49%	0.67%
BK	A	0.62%	5.58%	0.62%
BRK.A	B	1.17%	6.79%	1.17%
CB	C	0.9%	4.99%	0.9%
EG	C	1.42%	0.9%	0.9%
FITB	B	0.64%	5.52%	0.64%
JPM	A	0.66%	6.32%	0.66%
L	A	1.21%	3.0%	1.21%
MKL	A	1.26%	5.11%	1.26%
MTB	A	1.09%	1.75%	1.09%
PNC	B	0.65%	4.98%	0.65%
RNR	C	1.43%	2.13%	1.43%
STT	B	0.97%	1.49%	0.97%
USB	A	0.63%	5.0%	0.63%
WFC	A	1.17%	5.76%	1.17%

FXO Overweight 86 Positions Relative to DFNL

Symbol	Grade	Weight
JHG	B	1.82%
JEF	A	1.81%
GS	A	1.8%
KKR	A	1.75%
AGO	B	1.74%
TPG	A	1.73%
WTM	A	1.72%
TROW	B	1.67%
CINF	A	1.66%
BEN	C	1.62%
AMG	B	1.6%
ALL	A	1.56%
PGR	A	1.54%
WBS	A	1.48%
MTG	C	1.46%
BPOP	C	1.45%
UNM	A	1.4%
COLB	B	1.38%
BX	A	1.37%
SEIC	B	1.36%
FNB	A	1.35%
ACGL	C	1.35%
OMF	A	1.34%
HLI	A	1.34%
EQH	C	1.31%
LNC	C	1.28%
OZK	B	1.28%
RYAN	A	1.23%
AXS	A	1.23%
TW	A	1.2%
GL	C	1.19%
FHN	A	1.18%
ALLY	C	1.17%
ZION	B	1.15%
MS	A	1.15%
EWBC	A	1.14%
CNA	C	1.14%
WTFC	A	1.1%
HBAN	A	1.08%
NTRS	A	1.07%
FCNCA	A	1.06%
UWMC	D	1.02%
NU	C	1.01%
C	A	0.99%
SOFI	B	0.98%
BRO	B	0.96%
CRBG	B	0.95%
SLM	A	0.95%
MCO	B	0.92%
HIG	B	0.9%
AFL	B	0.89%
AMP	A	0.69%
CMA	B	0.68%
OWL	A	0.68%
FHB	B	0.68%
VIRT	A	0.67%
PB	B	0.66%
RF	A	0.65%
CFG	B	0.65%
TRV	B	0.63%
BOKF	B	0.63%
WRB	A	0.61%
ORI	A	0.61%
WAL	B	0.61%
VOYA	B	0.59%
RJF	A	0.38%
APO	B	0.38%
SF	B	0.36%
DFS	B	0.36%
CFR	B	0.36%
PNFP	B	0.36%
CBSH	B	0.35%
KEY	B	0.33%
MORN	B	0.31%
AIZ	A	0.31%
AIG	B	0.3%
PRU	A	0.3%
AJG	A	0.3%
RGA	A	0.3%
AFG	A	0.3%
PFG	D	0.29%
STWD	C	0.28%
FAF	A	0.28%
FNF	B	0.28%
XP	F	0.27%
AGNC	C	0.26%

FXO Underweight 6 Positions Relative to DFNL

Symbol	Grade	Weight
COF	C	-10.07%
AXP	A	-3.98%
TFC	A	-2.77%
RKT	F	-2.47%
NTB	B	-1.62%
SCHW	B	-1.17%