FXO vs. IVOV ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to Vanguard S&P Mid-Cap 400 Value ETF (IVOV)

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

IVOV

Vanguard S&P Mid-Cap 400 Value ETF

IVOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P MidCap 400Â® Value Index, which represents the value companies of the S&P MidCap 400 Index. The index measures the performance of mid-capitalization value stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$103.46

Average Daily Volume

15,333

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	FXO	IVOV
30 Days	9.92%	7.33%
60 Days	13.83%	8.59%
90 Days	15.69%	9.69%
12 Months	52.15%	31.86%

31 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in IVOV	Overlap
AFG	A	0.3%	0.66%	0.3%
ALLY	C	1.17%	0.68%	0.68%
AMG	B	1.6%	0.41%	0.41%
CBSH	A	0.35%	0.3%	0.3%
CFR	B	0.36%	0.33%	0.33%
COLB	A	1.38%	0.42%	0.42%
EQH	B	1.31%	0.48%	0.48%
EWBC	A	1.14%	0.44%	0.44%
FAF	A	0.28%	0.46%	0.28%
FHN	A	1.18%	0.65%	0.65%
FNB	A	1.35%	0.37%	0.37%
FNF	B	0.28%	1.1%	0.28%
JEF	A	1.81%	0.73%	0.73%
JHG	A	1.82%	0.37%	0.37%
MTG	C	1.46%	0.28%	0.28%
ORI	A	0.61%	0.59%	0.59%
OZK	B	1.28%	0.16%	0.16%
PB	A	0.66%	0.49%	0.49%
PNFP	B	0.36%	0.34%	0.34%
RGA	A	0.3%	0.98%	0.3%
RNR	C	1.43%	0.43%	0.43%
SEIC	B	1.36%	0.26%	0.26%
SF	B	0.36%	0.75%	0.36%
SLM	A	0.95%	0.2%	0.2%
STWD	C	0.28%	0.44%	0.28%
UNM	A	1.4%	0.77%	0.77%
VOYA	B	0.59%	0.33%	0.33%
WAL	B	0.61%	0.31%	0.31%
WBS	A	1.48%	0.63%	0.63%
WTFC	A	1.1%	0.54%	0.54%
ZION	B	1.15%	0.54%	0.54%

FXO Overweight 70 Positions Relative to IVOV

Symbol	Grade	Weight
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%
ALL	A	1.56%
PGR	A	1.54%
BPOP	B	1.45%
EG	C	1.42%
BX	A	1.37%
ACGL	D	1.35%
OMF	A	1.34%
HLI	B	1.34%
LNC	B	1.28%
MKL	A	1.26%
RYAN	B	1.23%
AXS	A	1.23%
L	A	1.21%
TW	A	1.2%
GL	B	1.19%
WFC	A	1.17%
BRK.A	B	1.17%
MS	A	1.15%
CNA	B	1.14%
MTB	A	1.09%
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	A	0.98%
STT	A	0.97%
BRO	B	0.96%
CRBG	B	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%
OWL	A	0.68%
FHB	A	0.68%
VIRT	B	0.67%
BAC	A	0.67%
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%
RJF	A	0.38%
APO	B	0.38%
DFS	B	0.36%
KEY	B	0.33%
MORN	B	0.31%
AIZ	A	0.31%
AIG	B	0.3%
PRU	A	0.3%
AJG	B	0.3%
PFG	D	0.29%
XP	F	0.27%
AGNC	D	0.26%

FXO Underweight 253 Positions Relative to IVOV

Symbol	Grade	Weight
ILMN	D	-1.62%
USFD	A	-1.06%
THC	D	-1.05%
COHR	B	-1.0%
DOCU	A	-1.0%
JLL	D	-0.91%
PFGC	B	-0.89%
WPC	D	-0.86%
BJ	A	-0.79%
RRX	B	-0.78%
AA	B	-0.73%
ARMK	B	-0.7%
CNH	C	-0.69%
UTHR	C	-0.64%
FLR	B	-0.63%
SNX	C	-0.62%
AAL	B	-0.62%
AVTR	F	-0.62%
GME	C	-0.61%
X	C	-0.61%
GPK	C	-0.6%
WCC	B	-0.6%
GMED	A	-0.59%
KNX	B	-0.59%
OGE	B	-0.57%
XPO	B	-0.57%
BERY	B	-0.57%
FYBR	D	-0.56%
CACI	D	-0.55%
GLPI	C	-0.55%
ACM	A	-0.54%
ADC	B	-0.53%
RPM	A	-0.53%
MTZ	B	-0.53%
AR	B	-0.53%
SFM	A	-0.53%
SSB	B	-0.52%
SNV	B	-0.51%
TPL	A	-0.51%
TMHC	B	-0.5%
IBKR	A	-0.48%
BIO	D	-0.48%
VNO	B	-0.48%
OSK	B	-0.47%
OHI	C	-0.46%
R	B	-0.45%
ESNT	D	-0.45%
AGCO	D	-0.44%
CMC	B	-0.44%
FBIN	D	-0.44%
DAR	C	-0.44%
BURL	A	-0.44%
G	B	-0.44%
DINO	D	-0.44%
ARW	D	-0.44%
VMI	B	-0.44%
CLF	F	-0.43%
CADE	B	-0.43%
NOV	C	-0.43%
ONB	B	-0.43%
CCK	C	-0.42%
GBCI	B	-0.42%
LAD	A	-0.42%
SCI	B	-0.41%
KRG	B	-0.4%
WHR	B	-0.4%
SRCL	C	-0.4%
REXR	F	-0.4%
CG	A	-0.39%
PVH	C	-0.39%
EHC	B	-0.39%
BMRN	D	-0.39%
INGR	B	-0.39%
NFG	A	-0.39%
THO	B	-0.39%
DKS	C	-0.38%
NXST	C	-0.38%
THG	A	-0.38%
CIEN	B	-0.38%
LEA	D	-0.38%
ST	F	-0.37%
KD	B	-0.37%
WTRG	B	-0.36%
HOMB	A	-0.36%
UBSI	B	-0.36%
UGI	A	-0.36%
SON	D	-0.36%
POST	C	-0.36%
NNN	D	-0.35%
AVT	C	-0.34%
SAIC	F	-0.34%
KBR	F	-0.34%
CUBE	D	-0.34%
UMBF	B	-0.34%
LAMR	D	-0.34%
POR	C	-0.34%
CW	B	-0.33%
BDC	B	-0.33%
CUZ	B	-0.33%
XRAY	F	-0.33%
ELS	C	-0.33%
AYI	B	-0.32%
SBRA	C	-0.32%
BRX	A	-0.32%
NJR	A	-0.32%
ATR	B	-0.32%
GAP	C	-0.32%
RGLD	C	-0.32%
LITE	B	-0.31%
TTC	D	-0.31%
FLO	D	-0.31%
IRT	A	-0.31%
SWX	B	-0.31%
TKO	B	-0.31%
AMH	D	-0.31%
SLGN	A	-0.3%
M	D	-0.3%
KRC	C	-0.3%
ORA	B	-0.3%
AVNT	B	-0.3%
VLY	B	-0.29%
AN	C	-0.29%
ASGN	F	-0.29%
BKH	A	-0.29%
ASH	D	-0.29%
PNM	F	-0.28%
JAZZ	B	-0.28%
BRBR	A	-0.28%
OGS	A	-0.28%
KMPR	B	-0.27%
HOG	D	-0.27%
DCI	B	-0.27%
FLS	B	-0.27%
KEX	C	-0.27%
CGNX	C	-0.27%
MAT	D	-0.27%
WU	D	-0.26%
HQY	B	-0.26%
CNO	A	-0.26%
PII	D	-0.26%
CNM	D	-0.26%
SR	A	-0.26%
ALE	A	-0.26%
MIDD	C	-0.25%
PRGO	B	-0.25%
ASB	B	-0.25%
TCBI	B	-0.25%
NVST	B	-0.25%
FR	C	-0.25%
IDA	A	-0.24%
STAG	F	-0.24%
MKSI	C	-0.24%
TKR	D	-0.23%
DTM	B	-0.23%
CHE	D	-0.23%
NWE	B	-0.23%
CYTK	F	-0.23%
GATX	A	-0.22%
FHI	A	-0.22%
EGP	F	-0.22%
EVR	B	-0.21%
MAN	D	-0.21%
PCH	D	-0.21%
FFIN	B	-0.2%
PAG	B	-0.2%
NEOG	F	-0.2%
KBH	D	-0.2%
PBF	D	-0.2%
OLN	D	-0.2%
BHF	B	-0.2%
AMKR	D	-0.2%
EXLS	B	-0.2%
GHC	C	-0.2%
GXO	B	-0.19%
CXT	B	-0.19%
CC	C	-0.19%
ALV	C	-0.19%
CVLT	B	-0.19%
VAC	B	-0.18%
SIGI	C	-0.18%
BRKR	D	-0.18%
GNTX	C	-0.18%
CRUS	D	-0.18%
MUR	D	-0.18%
NOVT	D	-0.18%
RYN	D	-0.18%
DOCS	C	-0.18%
RH	B	-0.18%
EXPO	D	-0.17%
WH	B	-0.17%
MTSI	B	-0.17%
SRPT	D	-0.17%
MASI	A	-0.17%
HXL	D	-0.17%
CDP	C	-0.16%
ENS	D	-0.16%
RCM	F	-0.16%
RLI	B	-0.16%
GT	C	-0.16%
SMG	D	-0.16%
ENOV	C	-0.16%
BC	C	-0.15%
ALGM	D	-0.15%
MTN	C	-0.15%
ZI	D	-0.15%
HWC	B	-0.15%
LPX	B	-0.15%
JWN	C	-0.15%
VSH	D	-0.14%
CBT	C	-0.14%
PPC	C	-0.14%
CRI	D	-0.14%
LSTR	D	-0.14%
CNXC	F	-0.14%
AM	A	-0.14%
AMED	F	-0.13%
LFUS	F	-0.13%
IBOC	A	-0.13%
DLB	B	-0.13%
EEFT	B	-0.13%
ROIV	C	-0.13%
MSM	C	-0.12%
POWI	D	-0.12%
IRDM	D	-0.12%
LANC	C	-0.12%
LIVN	F	-0.12%
OPCH	D	-0.12%
CHX	C	-0.12%
WEN	D	-0.11%
NSA	D	-0.11%
TEX	D	-0.11%
KNF	A	-0.11%
SYNA	C	-0.11%
GEF	A	-0.11%
CHH	A	-0.11%
UAA	C	-0.11%
VC	D	-0.1%
COLM	B	-0.1%
SAM	C	-0.1%
MMS	F	-0.1%
NSP	D	-0.1%
PSN	D	-0.1%
HAE	C	-0.1%
CPRI	F	-0.09%
IPGP	D	-0.09%
EPR	D	-0.09%
YETI	C	-0.08%
BLKB	B	-0.08%
TNL	A	-0.07%
UA	C	-0.07%
WMG	C	-0.07%
HGV	B	-0.06%
AZTA	D	-0.05%