FXZ vs. MGMT ETF Comparison

Comparison of First Trust Materials AlphaDEX Fund (FXZ) to Ballast Small/Mid Cap ETF (MGMT)
FXZ

First Trust Materials AlphaDEX Fund

FXZ 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) Materials 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 materials and processing 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

$71.34

Average Daily Volume

48,996

Number of Holdings *

38

* may have additional holdings in another (foreign) market
MGMT

Ballast Small/Mid Cap ETF

MGMT Description The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$37.92

Average Daily Volume

19,583

Number of Holdings *

45

* may have additional holdings in another (foreign) market
Performance
Period FXZ MGMT
30 Days 7.00% 4.67%
60 Days 7.98% 4.65%
90 Days 3.74% 2.45%
12 Months 13.45% 16.02%
1 Overlapping Holdings
Symbol Grade Weight in FXZ Weight in MGMT Overlap
TKR C 3.55% 1.13% 1.13%
FXZ Overweight 37 Positions Relative to MGMT
Symbol Grade Weight
STLD A 5.68%
NUE B 5.23%
CF C 5.09%
MOS D 4.25%
ALB D 4.05%
RS B 3.85%
X D 3.84%
IP C 3.57%
WLK A 3.54%
LYB B 3.54%
CE A 3.51%
OLN B 3.48%
CLF A 3.42%
FAST B 2.96%
ECL A 2.85%
ASH C 2.85%
NEU B 2.81%
SMG B 2.72%
DOW B 2.62%
EMN A 2.57%
FMC D 2.51%
SCCO B 1.97%
VVV B 1.94%
FCX A 1.78%
IFF C 1.71%
HUN C 1.69%
RGLD C 1.52%
APD D 1.44%
MP F 1.15%
LIN C 0.94%
AVY B 0.88%
ESI B 0.87%
HXL C 0.81%
RBC D 0.77%
AA C 0.76%
CC F 0.71%
NEM D 0.68%
FXZ Underweight 44 Positions Relative to MGMT
Symbol Grade Weight
NRP C -4.97%
EXP A -4.06%
AGM B -3.71%
AZZ C -3.26%
CVCO A -3.25%
MTG A -2.96%
TDC F -2.9%
CASS B -2.72%
PHIN B -2.71%
CEIX F -2.65%
TRIP C -2.59%
NTIC D -2.4%
LAMR B -2.38%
LSTR D -2.34%
SOI D -2.29%
GEO C -2.2%
ATKR A -2.16%
BIOX D -2.15%
CBNK D -2.15%
GPRE D -2.11%
LII B -1.98%
IGIC B -1.97%
DOX D -1.97%
IMXI C -1.92%
BLCO C -1.8%
RMNI C -1.68%
EPR D -1.66%
KOS D -1.62%
CRMT D -1.58%
BWA D -1.57%
SFM B -1.54%
RCMT F -1.47%
IPGP F -1.46%
ECVT C -1.38%
GSM D -1.36%
KN F -1.2%
UFPT B -1.17%
CMP F -1.13%
BIL B -1.11%
EPSN C -1.07%
PATK B -0.99%
IRMD D -0.96%
G F -0.87%
EXTR F -0.81%
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