FXO vs. IQSM ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM)

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

$56.64

Average Daily Volume

53,007

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.51

Average Daily Volume

13,788

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

Performance

Period	FXO	IQSM
30 Days	4.75%	0.42%
60 Days	10.07%	2.05%
90 Days	15.29%	7.08%
12 Months	47.85%	25.81%

20 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in IQSM	Overlap
AGNC	C	0.27%	0.33%	0.27%
AIZ	A	0.31%	0.54%	0.31%
ALLY	C	1.23%	0.47%	0.47%
AXS	A	1.23%	0.31%	0.31%
BEN	C	1.59%	0.33%	0.33%
BPOP	D	1.44%	0.33%	0.33%
EQH	B	1.31%	0.75%	0.75%
EWBC	A	1.13%	0.69%	0.69%
FAF	C	0.28%	0.31%	0.28%
GL	B	1.2%	0.47%	0.47%
KEY	A	0.33%	0.85%	0.33%
ORI	A	0.6%	0.45%	0.45%
RGA	A	0.3%	0.72%	0.3%
RNR	D	1.5%	0.64%	0.64%
RYAN	B	1.25%	0.33%	0.33%
SF	A	0.36%	0.54%	0.36%
STWD	C	0.28%	0.28%	0.28%
UNM	A	1.36%	0.65%	0.65%
VOYA	A	0.6%	0.39%	0.39%
WAL	B	0.6%	0.47%	0.47%

FXO Overweight 81 Positions Relative to IQSM

Symbol	Grade	Weight
GS	A	1.82%
KKR	A	1.78%
JHG	A	1.77%
JEF	A	1.77%
TPG	A	1.76%
WTM	A	1.68%
AGO	A	1.68%
CINF	A	1.67%
TROW	A	1.65%
AMG	A	1.59%
ALL	A	1.58%
PGR	B	1.57%
MTG	C	1.46%
WBS	A	1.44%
EG	D	1.43%
ACGL	D	1.39%
HLI	B	1.37%
COLB	B	1.36%
OMF	A	1.36%
SEIC	A	1.35%
BX	A	1.35%
FNB	A	1.33%
LNC	B	1.29%
OZK	A	1.26%
TW	A	1.24%
L	A	1.22%
MKL	A	1.22%
BRK.A	A	1.17%
CNA	C	1.17%
FHN	A	1.16%
WFC	A	1.14%
MS	A	1.14%
ZION	A	1.13%
UWMC	F	1.12%
MTB	A	1.08%
HBAN	A	1.08%
FCNCA	A	1.08%
WTFC	A	1.08%
NTRS	A	1.07%
NU	C	1.02%
C	A	1.0%
BRO	B	0.99%
STT	A	0.98%
CRBG	B	0.97%
SOFI	A	0.96%
SLM	A	0.93%
MCO	D	0.92%
HIG	A	0.91%
AFL	C	0.89%
CB	C	0.89%
OWL	A	0.69%
FHB	B	0.68%
AMP	A	0.68%
CMA	B	0.67%
BAC	A	0.66%
PB	A	0.65%
CFG	A	0.65%
VIRT	A	0.65%
JPM	A	0.65%
TRV	A	0.64%
USB	A	0.64%
RF	A	0.64%
PNC	A	0.64%
BOKF	A	0.64%
FITB	A	0.63%
WRB	A	0.62%
BK	A	0.62%
RJF	A	0.38%
APO	A	0.38%
PNFP	A	0.36%
CFR	B	0.36%
DFS	B	0.36%
CBSH	A	0.34%
MORN	B	0.32%
AFG	A	0.3%
AIG	A	0.3%
AJG	A	0.3%
PFG	A	0.29%
PRU	A	0.29%
XP	F	0.28%
FNF	C	0.28%

FXO Underweight 194 Positions Relative to IQSM

Symbol	Grade	Weight
EME	B	-1.12%
PKG	B	-1.0%
YUMC	B	-0.86%
PNR	A	-0.84%
BURL	A	-0.84%
NTNX	B	-0.83%
RPM	A	-0.83%
MANH	D	-0.82%
MAS	D	-0.82%
OC	A	-0.81%
XPO	B	-0.81%
GEN	B	-0.79%
KIM	A	-0.78%
DOCU	B	-0.77%
TOL	B	-0.76%
TWLO	A	-0.76%
UTHR	C	-0.75%
FIX	A	-0.74%
FLEX	B	-0.72%
USFD	B	-0.72%
GWRE	A	-0.72%
GGG	A	-0.71%
ACM	B	-0.7%
SAIA	C	-0.69%
FFIV	B	-0.68%
DT	C	-0.68%
SFM	B	-0.68%
POOL	D	-0.66%
EPAM	B	-0.66%
UDR	C	-0.65%
TPR	A	-0.63%
CHRW	A	-0.62%
CPT	D	-0.61%
ELS	B	-0.61%
JLL	C	-0.6%
ITT	A	-0.6%
AMH	C	-0.6%
JKHY	D	-0.6%
REG	A	-0.59%
NBIX	D	-0.59%
HST	D	-0.59%
KMX	B	-0.59%
JNPR	D	-0.58%
NVT	C	-0.58%
FTI	A	-0.58%
ALB	C	-0.57%
WPC	D	-0.57%
PAYC	B	-0.56%
RRX	B	-0.55%
SJM	D	-0.55%
DAY	B	-0.55%
BLD	F	-0.55%
BJ	B	-0.55%
Z	A	-0.55%
LW	C	-0.55%
DKS	D	-0.54%
CG	B	-0.54%
NCLH	B	-0.54%
TECH	F	-0.54%
INSM	D	-0.54%
ATR	B	-0.54%
NWSA	B	-0.53%
IPG	F	-0.53%
TTEK	F	-0.52%
CTLT	D	-0.51%
FND	F	-0.51%
CUBE	C	-0.51%
PRI	A	-0.5%
WTRG	B	-0.5%
CRL	D	-0.48%
EHC	B	-0.48%
LAD	A	-0.48%
AYI	B	-0.48%
OHI	C	-0.47%
LKQ	F	-0.47%
INGR	B	-0.47%
MKTX	D	-0.47%
SRPT	F	-0.46%
ARMK	C	-0.46%
QGEN	D	-0.46%
WCC	B	-0.46%
PCVX	D	-0.46%
GLOB	C	-0.46%
DTM	A	-0.46%
EXAS	F	-0.45%
BRBR	A	-0.45%
FBIN	F	-0.45%
FN	C	-0.44%
DCI	B	-0.44%
ROKU	C	-0.44%
TFX	F	-0.43%
PCTY	B	-0.43%
REXR	F	-0.43%
AXTA	A	-0.43%
EXEL	B	-0.43%
WMS	F	-0.42%
SNX	C	-0.42%
KNX	B	-0.42%
AOS	F	-0.42%
RVMD	B	-0.42%
RL	B	-0.41%
TTC	D	-0.41%
ITCI	B	-0.41%
PEN	B	-0.41%
BRX	A	-0.41%
GPK	D	-0.41%
MTZ	B	-0.41%
CHE	D	-0.4%
FRT	C	-0.4%
PLNT	A	-0.4%
MOS	D	-0.4%
DVA	C	-0.4%
X	C	-0.39%
HAS	D	-0.39%
HRB	D	-0.39%
NYT	D	-0.39%
ONTO	F	-0.38%
WH	B	-0.37%
TREX	C	-0.37%
HSIC	C	-0.37%
MEDP	D	-0.37%
RHI	C	-0.37%
ADC	A	-0.36%
JAZZ	B	-0.36%
ESTC	C	-0.36%
KEX	A	-0.36%
AA	A	-0.35%
OLED	F	-0.35%
RIVN	F	-0.35%
APG	C	-0.35%
G	A	-0.35%
MHK	D	-0.35%
RGEN	F	-0.35%
ANF	C	-0.34%
GNTX	D	-0.34%
WEX	F	-0.34%
GTLS	A	-0.34%
ALV	C	-0.34%
H	B	-0.33%
CMC	B	-0.33%
FR	D	-0.33%
LSCC	D	-0.33%
CGNX	D	-0.33%
GXO	B	-0.33%
MKSI	C	-0.33%
DINO	D	-0.32%
AZEK	B	-0.32%
LSTR	D	-0.32%
PARA	D	-0.32%
FCN	F	-0.32%
HLNE	B	-0.32%
HALO	D	-0.32%
CFLT	B	-0.31%
DAR	B	-0.31%
STAG	D	-0.31%
MTN	C	-0.31%
ARW	D	-0.3%
WBA	F	-0.3%
ESI	B	-0.3%
NOV	D	-0.3%
MSA	D	-0.3%
LFUS	D	-0.29%
PVH	C	-0.28%
AGCO	D	-0.28%
SUM	B	-0.28%
CHX	C	-0.28%
WFRD	F	-0.28%
CROX	F	-0.28%
SIGI	B	-0.28%
ETSY	D	-0.28%
BPMC	C	-0.28%
VKTX	F	-0.27%
ALTR	B	-0.27%
WTS	A	-0.27%
CLF	F	-0.26%
LEA	F	-0.26%
CRUS	F	-0.26%
PATH	D	-0.26%
POST	D	-0.25%
AM	A	-0.24%
TKR	F	-0.23%
FIVE	F	-0.23%
ST	F	-0.23%
IBP	F	-0.23%
DLB	D	-0.21%
AN	D	-0.21%
GAP	C	-0.21%
ACHC	F	-0.17%
ZG	A	-0.16%
COTY	F	-0.13%
CACC	D	-0.13%
NWS	B	-0.11%
LEVI	F	-0.08%
LCID	F	-0.08%