FXO vs. FDFF ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to Fidelity Disruptive Finance ETF (FDFF)

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

$58.27

Average Daily Volume

54,823

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FDFF

Fidelity Disruptive Finance ETF

FDFF Description

The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.36

Average Daily Volume

2,413

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	FDFF
30 Days	9.92%	11.95%
60 Days	13.83%	15.45%
90 Days	15.69%	18.88%
12 Months	52.15%	46.23%

7 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in FDFF	Overlap
ALLY	C	1.17%	0.85%	0.85%
APO	B	0.38%	5.71%	0.38%
NU	C	1.01%	1.09%	1.01%
OWL	A	0.68%	2.06%	0.68%
TW	A	1.2%	1.48%	1.2%
UWMC	D	1.02%	0.59%	0.59%
VIRT	B	0.67%	0.99%	0.67%

FXO Overweight 94 Positions Relative to FDFF

Symbol	Grade	Weight
JHG	A	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	B	1.45%
RNR	C	1.43%
EG	C	1.42%
UNM	A	1.4%
COLB	A	1.38%
BX	A	1.37%
SEIC	B	1.36%
FNB	A	1.35%
ACGL	D	1.35%
OMF	A	1.34%
HLI	B	1.34%
EQH	B	1.31%
LNC	B	1.28%
OZK	B	1.28%
MKL	A	1.26%
RYAN	B	1.23%
AXS	A	1.23%
L	A	1.21%
GL	B	1.19%
FHN	A	1.18%
WFC	A	1.17%
BRK.A	B	1.17%
ZION	B	1.15%
MS	A	1.15%
EWBC	A	1.14%
CNA	B	1.14%
WTFC	A	1.1%
MTB	A	1.09%
HBAN	A	1.08%
NTRS	A	1.07%
FCNCA	A	1.06%
C	A	0.99%
SOFI	A	0.98%
STT	A	0.97%
BRO	B	0.96%
CRBG	B	0.95%
SLM	A	0.95%
MCO	B	0.92%
HIG	B	0.9%
CB	C	0.9%
AFL	B	0.89%
AMP	A	0.69%
CMA	A	0.68%
FHB	A	0.68%
BAC	A	0.67%
PB	A	0.66%
JPM	A	0.66%
PNC	B	0.65%
RF	A	0.65%
CFG	B	0.65%
FITB	A	0.64%
TRV	B	0.63%
BOKF	B	0.63%
USB	A	0.63%
BK	A	0.62%
WRB	A	0.61%
ORI	A	0.61%
WAL	B	0.61%
VOYA	B	0.59%
RJF	A	0.38%
SF	B	0.36%
DFS	B	0.36%
CFR	B	0.36%
PNFP	B	0.36%
CBSH	A	0.35%
KEY	B	0.33%
MORN	B	0.31%
AIZ	A	0.31%
AIG	B	0.3%
PRU	A	0.3%
AJG	B	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	D	0.26%

FXO Underweight 26 Positions Relative to FDFF

Symbol	Grade	Weight
BLK	C	-5.78%
V	A	-5.36%
MA	C	-5.06%
COF	B	-5.03%
FLYW	C	-4.39%
MSTR	C	-3.84%
EFX	F	-3.33%
ICE	C	-2.9%
TOST	B	-2.83%
SQ	B	-2.07%
DLO	C	-2.0%
COIN	C	-2.0%
FI	A	-1.83%
CBOE	B	-1.47%
NRDS	C	-1.38%
ARES	A	-1.34%
MKTX	D	-1.16%
CASH	A	-1.15%
VRSK	A	-1.1%
MSCI	C	-1.06%
BILL	A	-1.03%
PFSI	D	-0.96%
AMH	D	-0.9%
FOUR	B	-0.89%
MELI	D	-0.81%
RPAY	D	-0.68%