FXO vs. KBWB ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to PowerShares KBW Bank Portfolio ETF (KBWB)

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

$47.12

Average Daily Volume

73,585

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description

The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$54.47

Average Daily Volume

688,047

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	KBWB
30 Days	3.47%	6.01%
60 Days	3.92%	7.25%
90 Days	8.99%	14.11%
12 Months	40.67%	50.02%

22 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in KBWB	Overlap
BAC	A	0.97%	8.13%	0.97%
BK	A	0.98%	3.82%	0.98%
C	A	1.36%	4.2%	1.36%
CFG	A	0.96%	3.09%	0.96%
CMA	B	1.3%	1.32%	1.3%
EWBC	B	0.96%	2.05%	0.96%
FHN	A	1.37%	1.63%	1.37%
FITB	A	0.7%	4.1%	0.7%
GS	A	0.72%	8.34%	0.72%
HBAN	A	1.37%	3.84%	1.37%
JPM	A	0.67%	7.83%	0.67%
KEY	B	0.31%	2.67%	0.31%
MS	A	0.32%	8.08%	0.32%
MTB	A	1.41%	3.97%	1.41%
NTRS	B	0.65%	3.3%	0.65%
PNC	A	0.67%	3.97%	0.67%
RF	B	0.93%	3.49%	0.93%
STT	B	1.32%	3.77%	1.32%
USB	D	0.64%	3.72%	0.64%
WAL	B	0.92%	1.26%	0.92%
WFC	A	0.72%	8.13%	0.72%
ZION	B	0.96%	1.2%	0.96%

FXO Overweight 79 Positions Relative to KBWB

Symbol	Grade	Weight
ACGL	A	1.81%
PGR	A	1.79%
FCNCA	B	1.79%
WTM	B	1.78%
OZK	B	1.75%
OWL	B	1.73%
SLM	B	1.71%
UNM	B	1.69%
APO	C	1.68%
AMG	D	1.66%
JHG	A	1.66%
BRK.A	C	1.66%
CINF	C	1.65%
KKR	B	1.65%
RNR	D	1.63%
EG	C	1.63%
MTG	B	1.61%
NU	B	1.6%
TROW	D	1.58%
AGO	D	1.55%
COLB	C	1.41%
OMF	B	1.39%
AIG	A	1.36%
MKL	A	1.36%
L	A	1.36%
FNB	A	1.35%
ALLY	B	1.33%
AMP	A	1.32%
RYAN	C	1.32%
BRO	B	1.32%
WBS	D	1.22%
BEN	D	1.13%
VIRT	A	1.07%
EQH	A	1.02%
KNSL	D	1.01%
LPLA	C	1.0%
ARES	A	0.99%
BOKF	A	0.98%
FHB	B	0.98%
AFL	A	0.98%
CB	C	0.96%
WTFC	B	0.94%
HIG	B	0.94%
SEIC	D	0.92%
PNFP	C	0.91%
LNC	B	0.87%
PRI	D	0.85%
TPG	D	0.69%
ORI	A	0.69%
BPOP	A	0.69%
RGA	A	0.69%
PB	B	0.67%
AXS	A	0.67%
WTW	D	0.65%
MORN	D	0.65%
SNV	A	0.64%
UWMC	B	0.62%
FAF	D	0.61%
RKT	B	0.59%
GL	F	0.48%
CBSH	A	0.35%
SF	A	0.34%
CBOE	D	0.33%
JEF	A	0.33%
TW	B	0.33%
RJF	B	0.32%
VOYA	B	0.32%
AJG	C	0.32%
PRU	A	0.32%
TRV	D	0.31%
AIZ	D	0.31%
CRBG	B	0.31%
CFR	D	0.31%
STWD	C	0.31%
AFG	C	0.31%
FNF	B	0.31%
BLK	C	0.3%
WRB	D	0.29%
XP	F	0.27%

FXO Underweight 2 Positions Relative to KBWB

	Symbol	Grade	Weight
	TFC	A	-4.13%
	COF	B	-3.91%