FXO vs. SEF ETF Comparison

Comparison of First Trust Financials AlphaDEX (FXO) to ProShares Short Financials (SEF)

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

SEF

ProShares Short Financials

SEF Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.22

Average Daily Volume

11,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FXO	SEF
30 Days	9.92%	-7.06%
60 Days	13.83%	-9.74%
90 Days	15.69%	-11.63%
12 Months	52.15%	-26.67%

45 Overlapping Holdings

Symbol	Grade	Weight in FXO	Weight in SEF	Overlap
ACGL	D	1.35%	0.31%	0.31%
AFL	B	0.89%	0.66%	0.66%
AIG	B	0.3%	0.77%	0.3%
AJG	B	0.3%	0.3%	0.3%
ALL	A	1.56%	0.64%	0.64%
ALLY	C	1.17%	0.19%	0.19%
AMP	A	0.69%	0.37%	0.37%
BAC	A	0.67%	4.46%	0.67%
BK	A	0.62%	0.65%	0.62%
BRK.A	B	1.17%	7.56%	1.17%
BX	A	1.37%	0.67%	0.67%
C	A	0.99%	2.98%	0.99%
CB	C	0.9%	1.17%	0.9%
CFG	B	0.65%	0.3%	0.3%
CINF	A	1.66%	0.27%	0.27%
DFS	B	0.36%	0.44%	0.36%
EG	C	1.42%	0.19%	0.19%
EQH	B	1.31%	0.19%	0.19%
FITB	A	0.64%	0.35%	0.35%
FNF	B	0.28%	0.22%	0.22%
GL	B	1.19%	0.18%	0.18%
GS	A	1.8%	1.34%	1.34%
HBAN	A	1.08%	0.26%	0.26%
HIG	B	0.9%	0.37%	0.37%
JPM	A	0.66%	7.27%	0.66%
KEY	B	0.33%	0.32%	0.32%
L	A	1.21%	0.23%	0.23%
LNC	B	1.28%	0.2%	0.2%
MCO	B	0.92%	0.7%	0.7%
MKL	A	1.26%	0.28%	0.28%
MS	A	1.15%	1.19%	1.15%
MTB	A	1.09%	0.36%	0.36%
NTRS	A	1.07%	0.39%	0.39%
PFG	D	0.29%	0.25%	0.25%
PGR	A	1.54%	0.75%	0.75%
PNC	B	0.65%	1.13%	0.65%
PRU	A	0.3%	0.66%	0.3%
RF	A	0.65%	0.27%	0.27%
RJF	A	0.38%	0.2%	0.2%
STT	A	0.97%	0.5%	0.5%
TROW	B	1.67%	0.52%	0.52%
TRV	B	0.63%	0.61%	0.61%
USB	A	0.63%	1.32%	0.63%
WFC	A	1.17%	3.19%	1.17%
WRB	A	0.61%	0.17%	0.17%

FXO Overweight 56 Positions Relative to SEF

Symbol	Grade	Weight
JHG	A	1.82%
JEF	A	1.81%
KKR	A	1.75%
AGO	B	1.74%
TPG	A	1.73%
WTM	A	1.72%
BEN	C	1.62%
AMG	B	1.6%
WBS	A	1.48%
MTG	C	1.46%
BPOP	B	1.45%
RNR	C	1.43%
UNM	A	1.4%
COLB	A	1.38%
SEIC	B	1.36%
FNB	A	1.35%
OMF	A	1.34%
HLI	B	1.34%
OZK	B	1.28%
RYAN	B	1.23%
AXS	A	1.23%
TW	A	1.2%
FHN	A	1.18%
ZION	B	1.15%
EWBC	A	1.14%
CNA	B	1.14%
WTFC	A	1.1%
FCNCA	A	1.06%
UWMC	D	1.02%
NU	C	1.01%
SOFI	A	0.98%
BRO	B	0.96%
CRBG	B	0.95%
SLM	A	0.95%
CMA	A	0.68%
OWL	A	0.68%
FHB	A	0.68%
VIRT	B	0.67%
PB	A	0.66%
BOKF	B	0.63%
ORI	A	0.61%
WAL	B	0.61%
VOYA	B	0.59%
APO	B	0.38%
SF	B	0.36%
CFR	B	0.36%
PNFP	B	0.36%
CBSH	A	0.35%
MORN	B	0.31%
AIZ	A	0.31%
RGA	A	0.3%
AFG	A	0.3%
STWD	C	0.28%
FAF	A	0.28%
XP	F	0.27%
AGNC	D	0.26%

FXO Underweight 52 Positions Relative to SEF

Symbol	Grade	Weight
V	A	-5.88%
MA	C	-4.83%
AMT	D	-1.74%
AXP	A	-1.49%
TFC	A	-1.27%
CME	A	-1.25%
SPGI	C	-1.22%
BLK	C	-1.06%
CCI	D	-1.02%
PLD	D	-1.0%
MMC	B	-0.97%
SCHW	B	-0.93%
ICE	C	-0.91%
EQIX	A	-0.84%
AON	A	-0.83%
COF	B	-0.81%
SPG	B	-0.76%
MET	A	-0.69%
WELL	A	-0.59%
PSA	D	-0.56%
AVB	B	-0.51%
SBAC	D	-0.48%
EQR	B	-0.48%
DLR	B	-0.44%
WTW	B	-0.44%
O	D	-0.42%
MSCI	C	-0.4%
CSGP	D	-0.4%
WY	D	-0.39%
VTR	C	-0.37%
SYF	B	-0.36%
BXP	D	-0.34%
CBRE	B	-0.34%
ESS	B	-0.34%
ARE	D	-0.32%
DOC	D	-0.3%
INVH	D	-0.28%
MAA	B	-0.26%
MKTX	D	-0.24%
WPC	D	-0.24%
SUI	D	-0.24%
EXR	D	-0.24%
NLY	C	-0.23%
UDR	B	-0.23%
HST	C	-0.22%
ELS	C	-0.22%
NDAQ	A	-0.21%
MPW	F	-0.19%
FDS	B	-0.18%
REG	B	-0.18%
VNO	B	-0.18%
CPT	B	-0.18%