FXO vs. QDF ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to FlexShares Quality Dividend Index Fund (QDF)

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

$51.62

Average Daily Volume

51,671

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.33

Average Daily Volume

45,847

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	FXO	QDF
30 Days	2.57%	3.71%
60 Days	11.83%	9.65%
90 Days	13.37%	6.61%
12 Months	42.70%	31.89%

16 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in QDF	Overlap
AFL	A	1.12%	0.64%	0.64%
ALLY	F	1.33%	0.36%	0.36%
BAC	B	0.57%	0.02%	0.02%
BK	A	0.69%	0.62%	0.62%
BPOP	D	1.28%	0.47%	0.47%
CFR	B	0.31%	0.33%	0.31%
CMA	C	1.05%	0.5%	0.5%
FAF	C	0.7%	0.48%	0.48%
JHG	A	1.71%	0.51%	0.51%
JPM	C	0.3%	0.64%	0.3%
LNC	B	1.16%	0.35%	0.35%
MS	A	1.23%	0.78%	0.78%
OMF	D	1.11%	0.43%	0.43%
ORI	A	0.66%	0.52%	0.52%
STWD	C	0.31%	0.5%	0.31%
VIRT	B	0.79%	0.52%	0.52%

FXO Overweight 85 Positions Relative to QDF

Symbol	Grade	Weight
KKR	A	1.89%
JEF	A	1.85%
PGR	B	1.82%
RNR	A	1.81%
MTG	A	1.77%
CINF	A	1.73%
AMG	B	1.7%
ACGL	A	1.69%
BRK.A	B	1.69%
GS	B	1.66%
NU	D	1.62%
APO	A	1.6%
EG	A	1.56%
AGO	B	1.55%
COLB	C	1.5%
MKL	B	1.5%
GL	C	1.45%
TROW	D	1.43%
WTM	C	1.41%
ALL	A	1.35%
MTB	A	1.33%
BRO	A	1.32%
RYAN	A	1.31%
UNM	A	1.31%
HBAN	B	1.27%
TPG	A	1.26%
LPLA	D	1.24%
SEIC	B	1.23%
WAL	C	1.23%
WBS	D	1.22%
L	C	1.21%
EQH	B	1.18%
OZK	D	1.17%
FNB	D	1.16%
AIG	C	1.13%
STT	A	1.08%
BEN	F	1.07%
HIG	A	1.05%
TW	A	1.04%
CB	A	1.02%
AXS	A	1.01%
AGNC	B	1.0%
EWBC	B	1.0%
FCNCA	D	0.99%
AMP	A	0.99%
OWL	A	0.98%
ZION	D	0.97%
AJG	C	0.97%
CNA	D	0.96%
CRBG	B	0.9%
FHN	D	0.89%
C	B	0.88%
AIZ	B	0.69%
PNFP	B	0.69%
HLI	A	0.67%
FITB	C	0.67%
ARES	A	0.67%
PNC	C	0.67%
USB	C	0.66%
RF	B	0.66%
PB	D	0.66%
CFG	C	0.65%
BOKF	B	0.65%
FHB	D	0.63%
WTFC	B	0.62%
SLM	B	0.62%
WFC	B	0.54%
COIN	F	0.49%
BX	C	0.36%
UWMC	D	0.35%
FNF	C	0.35%
CBOE	B	0.34%
TRV	B	0.33%
KEY	B	0.33%
VOYA	A	0.32%
MCO	D	0.32%
MORN	B	0.31%
NTRS	B	0.31%
WRB	C	0.31%
SNV	D	0.31%
AFG	A	0.31%
XP	F	0.3%
RGA	B	0.3%
MMC	D	0.3%
SCHW	D	0.25%

FXO Underweight 111 Positions Relative to QDF

Symbol	Grade	Weight
AAPL	C	-8.57%
MSFT	D	-4.98%
NVDA	B	-4.97%
META	A	-3.23%
JNJ	D	-3.17%
ABBV	C	-3.08%
PG	D	-3.08%
KO	C	-2.51%
ACN	B	-1.97%
HD	A	-1.79%
GOOGL	B	-1.76%
QCOM	D	-1.73%
INTU	F	-1.57%
GOOG	B	-1.55%
UNP	F	-1.3%
LOW	C	-1.29%
PM	D	-1.29%
ADP	A	-1.07%
LRCX	D	-1.01%
GILD	A	-0.96%
KLAC	B	-0.96%
NKE	D	-0.93%
AVGO	B	-0.91%
MO	D	-0.81%
ZTS	C	-0.81%
CAT	A	-0.78%
SBUX	B	-0.73%
ITW	C	-0.72%
LMT	A	-0.71%
VRT	B	-0.7%
MMM	C	-0.69%
PSA	C	-0.64%
PEG	A	-0.63%
PAYX	B	-0.63%
EBAY	A	-0.62%
D	A	-0.6%
FIS	A	-0.59%
SMG	C	-0.59%
FAST	C	-0.59%
PRU	B	-0.58%
AVB	C	-0.57%
NXPI	F	-0.56%
MPC	D	-0.56%
MCHP	F	-0.55%
MAA	D	-0.55%
EQR	C	-0.55%
MET	A	-0.55%
NSA	D	-0.54%
GEN	A	-0.54%
CHRW	C	-0.54%
IVZ	A	-0.53%
VLO	F	-0.53%
WTW	C	-0.53%
KTB	C	-0.53%
OHI	C	-0.53%
CPT	C	-0.52%
MRK	F	-0.52%
XOM	A	-0.51%
EA	D	-0.51%
NEP	D	-0.51%
IPG	D	-0.51%
RDN	D	-0.5%
OGE	C	-0.5%
WU	D	-0.5%
WSM	C	-0.49%
UGI	C	-0.49%
DVN	F	-0.48%
SWKS	F	-0.47%
SNA	C	-0.46%
POOL	D	-0.46%
WY	C	-0.46%
TPR	B	-0.46%
WDFC	B	-0.44%
WMS	D	-0.43%
NUE	D	-0.43%
HST	D	-0.42%
SCCO	B	-0.42%
EVRG	C	-0.41%
TT	A	-0.41%
CUBE	C	-0.4%
PFG	A	-0.39%
CTAS	C	-0.38%
V	B	-0.36%
RHI	D	-0.35%
IRDM	C	-0.35%
EIX	C	-0.35%
APLE	B	-0.34%
OLN	D	-0.29%
BR	B	-0.29%
NNN	C	-0.27%
WING	C	-0.26%
MA	A	-0.25%
NTAP	D	-0.23%
COST	C	-0.23%
HRB	C	-0.18%
CL	D	-0.17%
DPZ	D	-0.17%
RMD	C	-0.17%
PNW	C	-0.16%
BSY	D	-0.14%
PAYC	D	-0.12%
WMT	A	-0.12%
COR	F	-0.12%
EXP	C	-0.08%
WFRD	F	-0.07%
BKNG	B	-0.06%
CSWI	A	-0.06%
MAR	A	-0.04%
COP	D	-0.04%
STNG	B	-0.02%
BBWI	F	-0.01%