FXO vs. KBWD ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD)

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

$47.54

Average Daily Volume

73,420

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

KBWD

PowerShares KBW High Dividend Yield Financial Portfolio ETF

KBWD Description

The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$15.73

Average Daily Volume

131,828

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	KBWD
30 Days	7.46%	8.31%
60 Days	4.93%	7.11%
90 Days	7.44%	7.29%
12 Months	41.71%	27.44%

5 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in KBWD	Overlap
JHG	A	1.69%	1.27%	1.27%
KEY	B	0.31%	1.46%	0.31%
LNC	C	0.89%	1.67%	0.89%
OMF	C	1.37%	2.23%	1.37%
PRU	A	0.32%	1.23%	0.32%

FXO Overweight 96 Positions Relative to KBWD

Symbol	Grade	Weight
ACGL	B	1.81%
FCNCA	C	1.79%
WTM	D	1.77%
PGR	C	1.77%
OZK	C	1.76%
APO	B	1.71%
NU	B	1.7%
SLM	D	1.69%
KKR	A	1.68%
UNM	B	1.66%
OWL	C	1.65%
BRK.A	C	1.64%
RNR	D	1.63%
EG	D	1.62%
CINF	D	1.6%
AMG	D	1.59%
AGO	D	1.59%
MTG	C	1.58%
TROW	C	1.55%
MKL	B	1.44%
COLB	C	1.42%
MTB	B	1.41%
AIG	C	1.39%
FHN	B	1.39%
HBAN	A	1.37%
L	C	1.34%
FNB	B	1.34%
C	A	1.34%
CMA	B	1.33%
AMP	A	1.32%
ALLY	B	1.32%
STT	B	1.32%
BRO	A	1.31%
RYAN	B	1.28%
WBS	D	1.23%
BEN	F	1.13%
VIRT	B	1.06%
ARES	A	1.01%
KNSL	F	1.0%
EQH	B	1.0%
FHB	B	0.98%
LPLA	C	0.98%
BOKF	B	0.98%
ZION	B	0.98%
BK	A	0.97%
AFL	A	0.96%
CFG	B	0.96%
BAC	B	0.96%
EWBC	B	0.95%
WAL	C	0.95%
HIG	B	0.94%
CB	B	0.94%
PNFP	C	0.94%
WTFC	B	0.93%
SEIC	D	0.92%
RF	B	0.91%
PRI	D	0.84%
GS	A	0.73%
AXS	B	0.73%
RGA	A	0.73%
WFC	A	0.72%
FITB	A	0.7%
ORI	B	0.69%
BPOP	A	0.69%
UWMC	B	0.67%
PNC	A	0.66%
TPG	D	0.66%
SNV	B	0.66%
JPM	A	0.66%
RKT	C	0.65%
MORN	D	0.65%
PB	C	0.65%
NTRS	B	0.65%
USB	C	0.63%
WTW	D	0.62%
FAF	D	0.61%
GL	F	0.52%
CRBG	B	0.35%
JEF	A	0.34%
CBSH	B	0.34%
SF	A	0.34%
TW	B	0.34%
CBOE	D	0.33%
MS	A	0.33%
RJF	B	0.32%
AJG	B	0.32%
FNF	B	0.32%
STWD	B	0.32%
VOYA	B	0.32%
CFR	D	0.31%
AFG	B	0.31%
BLK	C	0.3%
AIZ	D	0.3%
TRV	D	0.3%
WRB	D	0.29%
XP	F	0.28%

FXO Underweight 27 Positions Relative to KBWD

Symbol	Grade	Weight
RILY	C	-4.51%
EFC	B	-3.96%
FSK	B	-3.67%
TRTX	B	-3.64%
AGNC	A	-3.61%
TRIN	B	-3.38%
FDUS	C	-3.22%
PNNT	B	-3.14%
RC	D	-3.13%
TCPC	C	-3.0%
GSBD	B	-3.0%
DX	B	-3.0%
PSEC	C	-2.97%
ACRE	F	-2.92%
ARI	F	-2.67%
TPVG	F	-2.58%
BBDC	B	-2.46%
KREF	D	-2.42%
WASH	C	-2.17%
FIBK	C	-1.82%
WU	D	-1.68%
NWBI	C	-1.63%
JXN	C	-1.63%
APAM	B	-1.55%
EGBN	F	-1.51%
NYCB	D	-0.75%
CSWC	C	-0.07%