FXZ vs. SLX ETF Comparison

Comparison of First Trust Materials AlphaDEX Fund (FXZ) to Market Vectors Steel Index ETF Fund (SLX)
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

$67.51

Average Daily Volume

38,598

Number of Holdings *

37

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

Market Vectors Steel Index ETF Fund

SLX Description The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$69.47

Average Daily Volume

17,042

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period FXZ SLX
30 Days -2.83% -3.07%
60 Days 1.45% -2.10%
90 Days 1.84% -0.92%
12 Months 12.30% 19.92%
4 Overlapping Holdings
Symbol Grade Weight in FXZ Weight in SLX Overlap
CLF D 3.21% 4.13% 3.21%
NUE D 4.84% 6.1% 4.84%
RS D 3.35% 4.79% 3.35%
STLD B 4.63% 4.76% 4.63%
FXZ Overweight 33 Positions Relative to SLX
Symbol Grade Weight
CF C 4.73%
MOS F 4.73%
FMC D 4.57%
CE D 4.51%
ALB F 4.26%
LYB C 3.44%
TKR B 3.43%
EMN A 3.39%
VVV C 3.28%
OLN D 3.2%
ASH A 2.95%
WLK B 2.94%
APD D 2.9%
ECL C 2.85%
NEU D 2.78%
IP D 2.67%
FAST C 2.62%
SCCO A 1.83%
FCX A 1.82%
DOW C 1.72%
RGLD A 1.71%
LIN C 1.68%
AVY B 1.66%
HUN D 1.62%
SMG B 1.59%
MP C 0.97%
AA A 0.94%
NEM A 0.91%
CC C 0.88%
IFF A 0.86%
ESI C 0.83%
RBC D 0.79%
HXL D 0.75%
FXZ Underweight 21 Positions Relative to SLX
Symbol Grade Weight
RIO A -10.71%
VALE D -8.04%
HCC A -5.37%
CRS A -5.36%
TS B -4.8%
TX A -4.72%
MT D -4.66%
GGB F -4.65%
CMC D -4.44%
ATI A -4.38%
X F -4.3%
PKX D -4.29%
SID F -4.09%
ROCK D -2.31%
WS C -1.7%
RYI F -1.11%
RDUS D -1.01%
SXC C -0.92%
ASTL D -0.85%
ZEUS C -0.79%
USAP A -0.77%
Compare ETFs