FYC vs. ROOF ETF Comparison

Comparison of First Trust Small Cap Growth AlphaDEX Fund (FYC) to IQ US Real Estate Small Cap ETF (ROOF)

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

$75.05

Average Daily Volume

22,948

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

ROOF

IQ US Real Estate Small Cap ETF

ROOF Description

The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ U.S. Real Estate Small Cap Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"), the parent company of IndexIQ Advisors LLC, the fund's investment advisor (the "Advisor"). The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$22.38

Average Daily Volume

19,250

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FYC	ROOF
30 Days	4.37%	6.28%
60 Days	5.63%	10.24%
90 Days	13.49%	18.57%
12 Months	27.48%	21.96%

8 Overlapping Holdings

Symbol	Grade	Weight in FYC	Weight in ROOF	Overlap
AIV	B	0.26%	0.16%	0.16%
CTRE	B	0.29%	0.41%	0.29%
IIPR	B	0.41%	0.81%	0.41%
LTC	B	0.26%	0.18%	0.18%
NHI	A	0.59%	0.35%	0.35%
PLYM	D	0.13%	0.31%	0.13%
SBRA	B	0.42%	0.4%	0.4%
UMH	C	0.15%	0.18%	0.15%

FYC Overweight 233 Positions Relative to ROOF

Symbol	Grade	Weight
SMMT	C	1.67%
ADMA	B	0.94%
ZETA	B	0.91%
ALHC	C	0.88%
CNK	B	0.79%
OSCR	B	0.79%
PRCT	B	0.78%
PTGX	C	0.78%
CRS	B	0.76%
HWKN	B	0.76%
SATS	B	0.74%
MIRM	D	0.72%
QTWO	B	0.71%
ACIW	B	0.71%
GVA	B	0.71%
PI	B	0.7%
POWL	C	0.69%
RDNT	B	0.68%
SPNT	C	0.68%
ROAD	B	0.68%
LRN	B	0.68%
USLM	B	0.67%
SGBX	F	0.67%
FTDR	B	0.67%
IESC	C	0.67%
PJT	B	0.66%
TDS	C	0.66%
SMTC	C	0.65%
DY	B	0.65%
ATGE	D	0.63%
WHD	C	0.63%
KRYS	D	0.63%
AMRX	B	0.63%
ALKT	D	0.62%
STRL	B	0.62%
AGIO	D	0.62%
GERN	D	0.62%
TRN	C	0.61%
ITRI	C	0.6%
TBBK	B	0.6%
OSW	C	0.6%
AZZ	C	0.59%
CSWI	B	0.59%
TMDX	C	0.59%
BKD	D	0.57%
SLG	B	0.57%
AROC	C	0.56%
CEIX	D	0.55%
UFPT	C	0.55%
SKYW	C	0.55%
TWST	D	0.54%
RXST	C	0.54%
COLL	B	0.54%
IDCC	B	0.54%
PLMR	B	0.54%
ICFI	C	0.53%
SKWD	C	0.52%
TNDM	C	0.52%
BRC	B	0.52%
KTOS	B	0.52%
CORT	B	0.52%
KYMR	C	0.52%
PTCT	C	0.51%
LMAT	B	0.51%
HURN	C	0.51%
MYGN	B	0.51%
MBIN	C	0.5%
ARDX	D	0.5%
EPAC	B	0.5%
JWN	B	0.5%
LAUR	B	0.49%
SPR	D	0.49%
SCS	B	0.49%
PMT	B	0.48%
GFF	C	0.48%
BOWL	D	0.48%
HIMS	D	0.47%
VERX	D	0.47%
HLX	D	0.47%
TPG	B	0.46%
CPRX	B	0.46%
AGYS	D	0.46%
GRBK	B	0.46%
GBX	C	0.45%
AKR	C	0.45%
TNL	D	0.45%
TGLS	B	0.45%
FLNC	C	0.44%
BCRX	C	0.44%
WRBY	D	0.43%
CAL	F	0.43%
CBZ	F	0.43%
CMPR	F	0.43%
RYTM	B	0.42%
DSGR	B	0.41%
HASI	B	0.41%
SYBT	B	0.41%
CARS	D	0.41%
PAR	B	0.41%
CRDO	D	0.41%
BANF	B	0.41%
INSW	D	0.4%
SHAK	C	0.4%
UE	B	0.4%
NSA	B	0.4%
GIII	C	0.39%
BROS	D	0.39%
LPG	F	0.39%
MRUS	D	0.39%
CHCO	B	0.38%
CARG	B	0.38%
ACVA	B	0.38%
ESRT	B	0.38%
CDRE	C	0.37%
KNTK	B	0.37%
PRGS	C	0.37%
ALX	B	0.37%
YOU	B	0.37%
MGNI	D	0.36%
AGM	D	0.36%
SWI	B	0.36%
OSIS	C	0.36%
LKFN	C	0.36%
ENV	C	0.35%
JJSF	C	0.35%
WABC	D	0.35%
AESI	C	0.35%
VGR	C	0.34%
FORM	F	0.34%
RKLB	B	0.34%
NSSC	F	0.34%
GPOR	C	0.33%
GBDC	C	0.33%
MIR	D	0.32%
THR	D	0.32%
PK	D	0.32%
TNC	D	0.32%
DOCS	B	0.32%
VECO	F	0.31%
TGI	D	0.31%
ANIP	D	0.31%
GH	D	0.31%
HRMY	B	0.3%
DFH	C	0.3%
IOSP	D	0.3%
FA	B	0.29%
ENVX	F	0.29%
SKT	B	0.28%
OUT	B	0.28%
NABL	D	0.28%
IVT	B	0.28%
ESE	B	0.27%
CLDX	C	0.27%
JBI	F	0.27%
SABR	D	0.27%
SITM	B	0.27%
CRNX	C	0.27%
PDFS	D	0.27%
PRVA	D	0.26%
MLNK	C	0.26%
EXTR	C	0.26%
SXI	C	0.25%
JOE	C	0.25%
TR	C	0.25%
LADR	B	0.25%
DRH	C	0.24%
SMG	C	0.24%
GIC	D	0.24%
FOR	C	0.23%
ETWO	C	0.23%
SHO	D	0.23%
VCEL	D	0.23%
HEES	D	0.23%
RRR	D	0.23%
AMC	D	0.23%
YELP	F	0.22%
PEB	D	0.22%
NOVA	C	0.22%
ZUO	D	0.21%
RAMP	F	0.2%
BE	F	0.2%
ALRM	F	0.2%
FWRG	F	0.2%
AGL	F	0.18%
TRIP	F	0.18%
XMTR	D	0.18%
PDFS	D	0.18%
RUN	C	0.18%
MYRG	F	0.17%
RKT	B	0.16%
VCYT	B	0.16%
CWAN	A	0.15%
TGTX	B	0.15%
NEO	C	0.14%
MGEE	B	0.14%
CLSK	F	0.14%
INTA	B	0.14%
DNLI	B	0.14%
FCPT	A	0.14%
DRVN	C	0.13%
AMWD	C	0.13%
BANC	B	0.13%
LMND	D	0.13%
CNMD	D	0.13%
KW	C	0.13%
PHR	C	0.13%
IAS	D	0.13%
AWR	B	0.13%
DOCN	B	0.13%
EVTC	D	0.12%
WINA	C	0.12%
RNG	D	0.12%
DBRG	D	0.12%
ALG	D	0.12%
BEAM	F	0.12%
NTST	D	0.12%
JAMF	D	0.12%
RES	D	0.11%
PLAB	F	0.11%
GTX	D	0.11%
MTRN	D	0.11%
NARI	F	0.11%
ROCK	D	0.11%
VC	F	0.1%
CTKB	F	0.1%
WNC	F	0.1%
UPWK	D	0.1%
UEC	F	0.1%
MCW	F	0.1%
AI	F	0.09%
PLAY	F	0.09%
CXM	F	0.09%
BASE	F	0.09%

FYC Underweight 37 Positions Relative to ROOF

Symbol	Grade	Weight
AMT	C	-5.13%
PLD	C	-5.01%
WELL	B	-4.86%
SBAC	C	-4.77%
UNIT	C	-4.75%
CCI	B	-4.7%
EQIX	B	-4.43%
DLR	B	-4.18%
AVB	B	-2.68%
EQR	B	-2.4%
REXR	C	-2.21%
VTR	C	-2.16%
EGP	B	-1.84%
INVH	C	-1.82%
ARE	B	-1.75%
COLD	D	-1.71%
ESS	B	-1.64%
MAA	B	-1.59%
FR	C	-1.55%
SUI	B	-1.5%
STAG	C	-1.5%
TRNO	C	-1.41%
DOC	C	-1.32%
UDR	B	-1.28%
AMH	C	-1.24%
ELS	C	-1.18%
CPT	B	-1.1%
LXP	B	-0.68%
IRT	B	-0.43%
MPW	C	-0.32%
NXRT	B	-0.15%
CSR	B	-0.14%
ILPT	C	-0.13%
DHC	B	-0.13%
GMRE	C	-0.1%
CHCT	F	-0.07%
UHT	B	-0.06%