FYC vs. CLSE ETF Comparison

Comparison of First Trust Small Cap Growth AlphaDEX Fund (FYC) to Convergence Long/Short Equity ETF (CLSE)

FYC

First Trust Small Cap Growth AlphaDEX Fund

FYC 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 Defined Small Cap Growth 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 S&P to objectively identify and select stocks from the S&P SmallCap 600(R) Growth Index 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

$65.47

Average Daily Volume

15,391

Number of Holdings ^*

244

* may have additional holdings in another (foreign) market

CLSE

Convergence Long/Short Equity ETF

CLSE Description

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$20.27

Average Daily Volume

38,703

Number of Holdings ^*

346

* may have additional holdings in another (foreign) market

Performance

Period	FYC	CLSE
30 Days	0.66%	-1.51%
60 Days	-1.05%	3.01%
90 Days	4.60%	11.36%
12 Months	16.45%	37.05%

25 Overlapping Holdings

Symbol	Grade	Weight in FYC	Weight in CLSE	Overlap
ACVA	D	0.37%	-0.11%	-0.11%
BANC	C	0.24%	-0.18%	-0.18%
CRS	A	0.45%	-0.12%	-0.12%
DRVN	F	0.36%	-0.1%	-0.1%
FLNC	B	0.13%	-0.14%	-0.14%
FTDR	B	0.25%	0.51%	0.25%
GFF	C	0.61%	0.64%	0.61%
HASI	D	0.24%	-0.2%	-0.2%
HCP	A	0.32%	-0.5%	-0.5%
IESC	A	0.73%	0.52%	0.52%
IIPR	A	0.37%	0.65%	0.37%
ITRI	A	0.67%	0.51%	0.51%
LFST	D	0.13%	-0.14%	-0.14%
MCW	D	0.23%	-0.07%	-0.07%
NSA	C	0.12%	0.13%	0.12%
PRCT	A	0.69%	-0.23%	-0.23%
PTCT	B	0.43%	-0.07%	-0.07%
ROCK	F	0.35%	0.09%	0.09%
SKT	C	0.25%	0.41%	0.25%
SKYW	A	0.71%	0.44%	0.44%
SPR	C	0.59%	-0.15%	-0.15%
SPT	F	0.23%	-0.49%	-0.49%
STRL	D	0.63%	0.49%	0.49%
TMDX	A	0.35%	-0.21%	-0.21%
UEC	A	0.28%	-0.22%	-0.22%

FYC Overweight 219 Positions Relative to CLSE

Symbol	Grade	Weight
ALPN	A	1.07%
OSCR	A	0.77%
SMTC	A	0.71%
BKD	A	0.69%
POWL	B	0.69%
RXST	A	0.68%
USLM	A	0.68%
SHAK	B	0.67%
AROC	A	0.67%
ADMA	A	0.66%
DY	A	0.66%
FWRG	B	0.66%
RDNT	A	0.66%
CMPR	D	0.66%
SGBX	F	0.64%
TRIP	C	0.64%
GVA	A	0.64%
GBX	B	0.64%
PI	A	0.64%
PK	D	0.63%
PLMR	B	0.63%
TNC	B	0.63%
KRUS	B	0.63%
MYRG	D	0.63%
ROAD	D	0.62%
AZZ	B	0.62%
SPNT	D	0.62%
COLL	B	0.62%
ANIP	B	0.62%
HEES	F	0.61%
SKWD	C	0.61%
ZETA	A	0.61%
TNL	D	0.61%
GRBK	C	0.61%
DSGR	A	0.61%
MBIN	B	0.6%
CBZ	D	0.6%
CAL	D	0.6%
AGIO	A	0.59%
VCEL	B	0.59%
GIC	F	0.58%
LPG	A	0.58%
UFPT	A	0.58%
ARDX	D	0.58%
KYMR	C	0.57%
LRN	A	0.57%
TGLS	B	0.57%
LMND	B	0.57%
PLAY	D	0.56%
INSW	A	0.55%
DFH	D	0.55%
HWKN	A	0.54%
EPAC	A	0.54%
CSWI	A	0.54%
GPOR	B	0.54%
LAUR	B	0.54%
HLX	B	0.54%
QTWO	A	0.53%
MRUS	B	0.53%
HIMS	D	0.53%
AMRX	A	0.52%
FOR	C	0.52%
ALKT	A	0.52%
JBI	D	0.52%
AGM	A	0.51%
MIR	B	0.51%
TRN	A	0.51%
CNK	D	0.51%
IDCC	B	0.5%
OUT	B	0.5%
OSIS	B	0.5%
AMK	D	0.5%
ICFI	C	0.5%
JWN	A	0.5%
GERN	A	0.49%
AMWD	C	0.49%
TWST	C	0.49%
BASE	C	0.49%
SLG	A	0.49%
CDRE	C	0.49%
SMMT	B	0.49%
BRP	C	0.48%
SMG	B	0.48%
VERX	C	0.48%
DBRG	F	0.47%
RYTM	C	0.47%
ALG	D	0.46%
CLDX	C	0.46%
PTGX	D	0.46%
MGNI	D	0.45%
CLSK	C	0.45%
BOWL	C	0.45%
NSSC	B	0.42%
ENV	A	0.42%
WNC	F	0.42%
WHD	B	0.41%
CEIX	F	0.41%
GBDC	A	0.41%
TNDM	A	0.4%
ACIW	A	0.39%
LMAT	B	0.39%
NHI	A	0.39%
PLAB	B	0.39%
PJT	B	0.39%
KTOS	A	0.39%
VECO	B	0.39%
HURN	F	0.38%
ATGE	B	0.38%
SQSP	B	0.38%
TPG	C	0.38%
GTX	A	0.38%
PAR	B	0.38%
GIII	C	0.38%
THR	A	0.38%
DRH	D	0.37%
CPRX	C	0.37%
DO	F	0.37%
OSW	A	0.37%
UNIT	B	0.37%
SXI	B	0.37%
RRR	D	0.36%
SHO	D	0.36%
IDYA	C	0.36%
TGI	C	0.36%
SCS	C	0.36%
IOSP	C	0.36%
CRNX	A	0.36%
DOCN	D	0.35%
LKFN	C	0.35%
RNG	D	0.35%
BEAM	F	0.35%
ALRM	C	0.35%
ESRT	C	0.35%
HRMY	B	0.34%
TGTX	B	0.34%
SWI	B	0.34%
SATS	B	0.3%
JOE	A	0.27%
AKR	B	0.27%
YELP	B	0.27%
XMTR	F	0.27%
WABC	A	0.26%
PEB	F	0.26%
KNTK	B	0.26%
CHCO	A	0.26%
CARG	A	0.26%
FORM	A	0.26%
TDS	B	0.26%
BRC	B	0.26%
BANF	A	0.26%
UDMY	F	0.25%
PMT	A	0.25%
RAMP	D	0.25%
SBRA	B	0.25%
EVTC	F	0.25%
ALX	B	0.25%
NEO	D	0.25%
WRBY	F	0.24%
MTRN	F	0.24%
RES	F	0.24%
MYGN	C	0.24%
TR	F	0.24%
SYBT	A	0.24%
TBBK	F	0.24%
BROS	F	0.23%
PHR	D	0.23%
CRDO	F	0.23%
GSAT	D	0.23%
YOU	D	0.22%
SRRK	C	0.22%
RKT	B	0.22%
DCPH	A	0.21%
ARVN	D	0.2%
HLIT	D	0.18%
OPEN	F	0.18%
JAMF	A	0.14%
ZUO	B	0.14%
ESE	A	0.13%
AWR	C	0.13%
LADR	A	0.13%
CXM	D	0.13%
UMH	A	0.13%
AIV	A	0.13%
IVT	A	0.13%
AGYS	B	0.13%
CARS	D	0.13%
MGEE	A	0.13%
MIRM	D	0.13%
XPEL	F	0.13%
CTRE	A	0.13%
FA	A	0.13%
ALHC	B	0.13%
MODN	B	0.13%
CTKB	F	0.12%
DOCS	D	0.12%
VCYT	D	0.12%
CORT	C	0.12%
SITC	C	0.12%
NTST	D	0.12%
PZZA	F	0.12%
PRGS	F	0.12%
PRO	F	0.12%
JJSF	F	0.12%
NABL	D	0.12%
VGR	F	0.12%
PRVA	F	0.12%
CERT	C	0.12%
UPWK	B	0.12%
AMPH	D	0.12%
VC	C	0.12%
APPN	F	0.12%
UE	A	0.12%
RXRX	F	0.11%
FLYW	F	0.11%
AGL	F	0.11%
JACK	F	0.11%
GSHD	D	0.11%
DNLI	F	0.1%
MORF	F	0.1%

FYC Underweight 321 Positions Relative to CLSE

Symbol	Grade	Weight
NVDA	C	-3.49%
GOOG	A	-3.29%
MSFT	D	-3.18%
AMZN	B	-3.1%
META	D	-2.35%
QCOM	A	-2.15%
GOOGL	A	-2.01%
APP	A	-1.82%
AMAT	C	-1.8%
MU	A	-1.76%
IBM	D	-1.48%
ANET	C	-1.47%
NTAP	B	-1.47%
NFLX	C	-1.45%
NTNX	C	-1.45%
MRK	B	-1.44%
PLTR	C	-1.26%
WMT	D	-1.22%
CRWD	C	-1.17%
SNX	B	-1.16%
PSTG	C	-1.14%
JPM	A	-1.12%
PYPL	A	-1.12%
SPOT	A	-1.06%
DOCU	A	-1.0%
HD	C	-1.0%
MUSA	B	-0.99%
VCTR	A	-0.92%
COIN	C	-0.89%
AMG	C	-0.88%
EBAY	B	-0.86%
T	B	-0.85%
MPC	B	-0.85%
LLY	C	-0.84%
PBF	B	-0.84%
OGN	A	-0.83%
STNE	C	-0.83%
CAH	D	-0.82%
ABBV	D	-0.82%
SYF	A	-0.81%
BMY	F	-0.8%
AMGN	B	-0.8%
JNJ	D	-0.79%
VTRS	C	-0.78%
PAGS	C	-0.78%
UBER	D	-0.78%
MTG	B	-0.77%
GILD	F	-0.76%
SEIC	C	-0.75%
TW	B	-0.74%
VLO	B	-0.73%
BAC	B	-0.72%
XOM	B	-0.7%
CNM	A	-0.7%
BG	B	-0.7%
PSX	D	-0.7%
BRBR	C	-0.7%
F	B	-0.69%
TSN	A	-0.69%
MO	A	-0.68%
CDNS	D	-0.68%
PG	A	-0.67%
PPC	A	-0.66%
ETRN	A	-0.65%
PEGA	D	-0.65%
AAPL	C	-0.64%
CI	B	-0.64%
SMCI	D	-0.63%
WFC	B	-0.63%
MCK	B	-0.63%
OMI	D	-0.62%
EME	A	-0.6%
CNC	D	-0.58%
MOH	F	-0.58%
MLI	A	-0.58%
AMP	C	-0.57%
KNF	A	-0.56%
EXP	B	-0.55%
BCC	D	-0.54%
LOPE	B	-0.54%
TFC	A	-0.54%
AGO	D	-0.54%
VRT	A	-0.54%
OC	A	-0.53%
CAT	D	-0.51%
AMR	D	-0.51%
AYI	D	-0.5%
BLDR	C	-0.5%
PGR	B	-0.49%
AEO	B	-0.49%
GMS	B	-0.49%
NU	C	-0.48%
GWW	D	-0.48%
RGA	A	-0.48%
EVRG	A	-0.47%
CVI	F	-0.47%
EXC	A	-0.47%
VST	A	-0.47%
AVGO	D	-0.46%
NEE	A	-0.46%
DVA	A	-0.45%
HIG	D	-0.44%
PNC	A	-0.44%
REZI	C	-0.43%
DPZ	A	-0.43%
WDAY	F	-0.41%
CNA	A	-0.41%
HRB	B	-0.4%
BKNG	D	-0.38%
J	C	-0.38%
GM	B	-0.38%
SR	A	-0.37%
UNP	C	-0.36%
SAIC	C	-0.36%
STLD	D	-0.36%
BCO	A	-0.35%
FITB	A	-0.35%
GLPI	F	-0.34%
PEG	A	-0.34%
SPG	D	-0.34%
PSN	D	-0.34%
HQY	D	-0.33%
RS	D	-0.32%
STAG	D	-0.32%
MET	D	-0.31%
IBP	B	-0.31%
KR	B	-0.3%
VRTX	C	-0.3%
BLD	C	-0.3%
TEAM	F	-0.29%
WDC	A	-0.29%
MOD	A	-0.29%
FDX	B	-0.29%
BAH	B	-0.28%
KBH	C	-0.28%
GRMN	A	-0.28%
NEU	D	-0.26%
SPGI	C	-0.26%
ANF	B	-0.24%
SLVM	A	-0.21%
SUM	D	-0.21%
SWAV	A	-0.2%
MGM	F	-0.2%
LDOS	A	-0.2%
DECK	C	-0.18%
AOS	D	-0.17%
LNW	C	-0.17%
THC	A	-0.16%
XPO	D	-0.13%
PTVE	A	-0.1%
NTRA	A	-0.09%
LGIH	F	--0.05%
MODG	B	--0.06%
DNUT	F	--0.06%
OKE	B	--0.07%
JBHT	F	--0.08%
PENN	F	--0.08%
ATI	A	--0.08%
JOBY	D	--0.08%
PNM	C	--0.08%
FCNCA	A	--0.08%
RYAN	B	--0.08%
HAS	A	--0.09%
TROX	A	--0.09%
PYCR	F	--0.09%
IAS	F	--0.09%
CHDN	A	--0.1%
CNXC	F	--0.1%
DOC	A	--0.1%
NWL	D	--0.1%
VTR	A	--0.1%
COLD	F	--0.1%
CWST	D	--0.1%
PCH	F	--0.1%
RRC	B	--0.11%
TXG	F	--0.11%
EXR	C	--0.11%
GOGL	A	--0.11%
BXMT	F	--0.11%
AES	A	--0.11%
ADC	A	--0.12%
MDU	A	--0.12%
AEE	A	--0.12%
ENPH	F	--0.13%
LPX	C	--0.13%
SUI	F	--0.13%
AVAV	A	--0.14%
HTZ	F	--0.14%
SJM	F	--0.14%
VFC	F	--0.14%
NARI	D	--0.14%
XYL	A	--0.15%
O	A	--0.15%
AJG	C	--0.15%
TSLA	D	--0.16%
ZWS	D	--0.16%
CHH	C	--0.16%
ALIT	C	--0.16%
RIVN	F	--0.16%
WTM	A	--0.16%
RBA	D	--0.16%
AXON	B	--0.16%
KMPR	B	--0.16%
MTN	F	--0.16%
HAYW	C	--0.16%
UCBI	B	--0.17%
PPBI	C	--0.17%
WAFD	B	--0.17%
VLY	F	--0.17%
FOXF	F	--0.17%
RNR	D	--0.17%
RUN	F	--0.17%
BE	B	--0.17%
FL	F	--0.17%
GPI	A	--0.18%
ROG	C	--0.19%
WAL	B	--0.19%
IRT	A	--0.19%
CADE	A	--0.19%
DG	D	--0.19%
UHAL	B	--0.19%
UI	F	--0.19%
ATO	A	--0.19%
APD	C	--0.2%
FOUR	F	--0.2%
PR	B	--0.2%
FMC	D	--0.2%
AGNC	C	--0.2%
MP	C	--0.2%
GATX	D	--0.2%
CZR	F	--0.21%
NTLA	F	--0.21%
CABO	F	--0.22%
LNC	D	--0.22%
GO	F	--0.23%
PRU	D	--0.23%
RRX	D	--0.23%
FIS	D	--0.23%
NDAQ	B	--0.24%
SHC	F	--0.24%
PFE	C	--0.25%
ASB	A	--0.25%
EVH	F	--0.25%
CAR	D	--0.26%
IRTC	B	--0.26%
LW	D	--0.26%
KVUE	F	--0.26%
BIO	D	--0.26%
DLTR	F	--0.26%
EL	F	--0.27%
GTLS	F	--0.27%
CNX	B	--0.27%
FSLR	B	--0.27%
TOST	C	--0.28%
NNI	A	--0.28%
CFLT	F	--0.28%
KDP	A	--0.28%
FNB	A	--0.28%
NXST	B	--0.29%
CG	D	--0.29%
NOG	B	--0.29%
GS	A	--0.29%
D	A	--0.29%
PFSI	B	--0.29%
AR	A	--0.29%
NEOG	F	--0.3%
MS	A	--0.3%
TSCO	A	--0.31%
RIOT	F	--0.31%
MASI	B	--0.31%
AAP	D	--0.32%
FYBR	B	--0.33%
KMX	F	--0.34%
ALB	D	--0.34%
DTE	A	--0.34%
BX	D	--0.34%
FIVE	F	--0.34%
RVMD	A	--0.34%
TGNA	C	--0.35%
IBKR	A	--0.35%
IAC	B	--0.36%
LAD	F	--0.36%
GE	A	--0.37%
PTC	D	--0.37%
TECH	B	--0.38%
TTWO	D	--0.38%
DV	D	--0.38%
COHR	C	--0.38%
MTD	C	--0.38%
UTHR	A	--0.39%
ORCL	D	--0.39%
BILL	F	--0.41%
LYV	F	--0.41%
BA	D	--0.42%
U	F	--0.42%
ZI	D	--0.42%
RH	D	--0.42%
NCNO	D	--0.42%
VSAT	F	--0.42%
MSGS	B	--0.43%
LBRDK	F	--0.43%
INSP	B	--0.44%
GFS	D	--0.44%
FND	C	--0.44%
FIVN	F	--0.44%
ASAN	D	--0.45%
CRL	D	--0.45%
DAR	F	--0.45%
ZBRA	A	--0.47%
WEX	D	--0.47%
CGNX	B	--0.48%
ALGM	B	--0.5%
WBD	F	--0.52%
TXN	A	--0.52%
EQT	A	--0.52%
KLIC	F	--0.53%
LITE	D	--0.54%
WOLF	F	--0.56%
SITM	D	--0.58%
QQQ	C	--0.62%
INTC	F	--0.67%