FYT vs. HSMV ETF Comparison

Comparison of First Trust Small Cap Value AlphaDEX Fund (FYT) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

FYT

First Trust Small Cap Value AlphaDEX Fund

FYT 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 Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$51.20

Average Daily Volume

11,111

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.27

Average Daily Volume

1,006

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	FYT	HSMV
30 Days	-2.63%	-1.13%
60 Days	-1.29%	1.42%
90 Days	-5.77%	-2.02%
12 Months	13.89%	9.30%

23 Overlapping Holdings

Symbol	Grade	Weight in FYT	Weight in HSMV	Overlap
ABM	B	0.63%	0.35%	0.35%
AIN	D	0.12%	0.54%	0.12%
AIR	A	0.16%	0.38%	0.16%
AVA	D	0.66%	0.48%	0.48%
CNO	C	0.55%	0.51%	0.51%
CPK	D	0.13%	0.61%	0.13%
CRI	F	0.21%	0.46%	0.21%
ENOV	F	0.1%	0.38%	0.1%
EPC	B	0.42%	0.53%	0.42%
FHI	C	0.37%	0.49%	0.37%
GO	D	0.1%	0.33%	0.1%
INVA	B	0.72%	0.53%	0.53%
KFY	B	0.14%	0.55%	0.14%
LXP	B	0.13%	0.68%	0.13%
MCRI	B	0.25%	0.5%	0.25%
NMIH	B	0.7%	0.53%	0.53%
NWE	D	0.53%	0.49%	0.49%
PDCO	D	0.35%	0.3%	0.3%
PLXS	D	0.3%	0.57%	0.3%
PNM	D	0.39%	0.49%	0.39%
SR	C	0.52%	0.48%	0.48%
UNF	C	0.36%	0.47%	0.36%
WERN	F	0.5%	0.52%	0.5%

FYT Overweight 229 Positions Relative to HSMV

Symbol	Grade	Weight
USM	B	0.98%
REVG	B	0.81%
CRK	C	0.8%
PRDO	C	0.8%
ABR	B	0.73%
PHIN	D	0.72%
PRG	C	0.71%
LZB	B	0.71%
SPB	C	0.7%
CNX	C	0.7%
CALM	B	0.68%
VSH	F	0.68%
HIW	C	0.68%
WMK	D	0.67%
ARCH	D	0.67%
LILAK	B	0.67%
SNDR	C	0.67%
ATSG	D	0.65%
FFBC	C	0.65%
NWN	F	0.65%
UAA	C	0.65%
JBT	C	0.65%
GHC	D	0.64%
MODG	C	0.64%
EIG	C	0.64%
UVV	D	0.63%
SCHL	D	0.63%
RC	D	0.63%
CRC	B	0.62%
GEF	F	0.62%
IMKTA	F	0.62%
TGNA	D	0.61%
SLVM	B	0.61%
DNOW	C	0.6%
CASH	B	0.59%
BZH	F	0.58%
CABO	F	0.58%
KN	B	0.58%
HE	F	0.57%
GDEN	D	0.57%
PINC	F	0.57%
TALO	D	0.56%
MLKN	C	0.56%
RLJ	D	0.56%
FULT	C	0.56%
DIOD	D	0.56%
NBHC	B	0.56%
WSFS	B	0.55%
AX	C	0.55%
BNL	B	0.55%
HUBG	B	0.55%
SAH	D	0.54%
IBOC	C	0.54%
STBA	C	0.54%
AAT	B	0.54%
VBTX	C	0.54%
DAN	F	0.54%
HTLD	C	0.54%
SASR	B	0.54%
KSS	D	0.53%
CATY	C	0.53%
ENVA	C	0.53%
PEBO	C	0.53%
BANR	B	0.53%
EFSC	D	0.52%
FCF	C	0.52%
EBC	C	0.52%
MRTN	C	0.52%
PFS	F	0.51%
OCFC	C	0.5%
INDB	D	0.5%
FRME	D	0.5%
KOS	D	0.49%
GEO	C	0.49%
MSGE	D	0.48%
REZI	D	0.48%
ALGT	F	0.48%
AMN	F	0.47%
CUBI	C	0.47%
PARR	F	0.46%
HLF	C	0.46%
CCS	D	0.46%
NAVI	F	0.46%
SBH	D	0.45%
ICUI	B	0.45%
NHC	A	0.44%
GOGO	F	0.43%
EQC	B	0.42%
APOG	D	0.42%
SNEX	C	0.42%
RYI	F	0.42%
HPP	F	0.42%
TRMK	C	0.42%
CTOS	F	0.42%
ADNT	F	0.42%
BKU	D	0.41%
TCBK	B	0.41%
PFBC	D	0.4%
EAT	B	0.4%
CXW	D	0.4%
ODP	D	0.4%
OFG	C	0.4%
SRCE	C	0.39%
FIBK	C	0.39%
FOXF	C	0.39%
OEC	D	0.39%
GES	F	0.39%
BUSE	C	0.38%
NWBI	C	0.38%
TOWN	C	0.38%
VSCO	D	0.38%
KMT	D	0.38%
WAFD	D	0.37%
RNST	C	0.37%
BOOT	B	0.37%
BKE	C	0.37%
SJW	F	0.37%
HOPE	C	0.36%
WSBC	D	0.36%
CENTA	D	0.36%
OLPX	C	0.35%
PRIM	B	0.35%
HELE	F	0.35%
SSTK	F	0.35%
HTLF	B	0.34%
SFNC	D	0.34%
ANDE	D	0.34%
LTH	B	0.33%
WOR	F	0.33%
ECVT	F	0.33%
VAC	F	0.32%
LGIH	F	0.32%
MATW	F	0.32%
MTX	B	0.31%
HTZ	F	0.31%
JBLU	D	0.31%
CWEN	B	0.31%
VCTR	C	0.31%
WGO	F	0.3%
XRX	F	0.3%
LGND	C	0.3%
NX	F	0.3%
KOP	F	0.29%
DEA	B	0.29%
FBP	B	0.28%
BDC	B	0.28%
DEI	D	0.27%
LNN	D	0.27%
PSMT	C	0.27%
OMCL	F	0.27%
GTY	F	0.27%
CNXN	C	0.27%
TRS	D	0.27%
NBTB	B	0.27%
BLMN	F	0.27%
KALU	D	0.27%
THS	C	0.26%
CHGG	F	0.26%
BHLB	C	0.26%
PLUS	D	0.26%
UCBI	D	0.26%
DFIN	D	0.26%
WD	C	0.26%
TCBI	D	0.26%
ASB	D	0.26%
KLG	F	0.26%
XHR	D	0.26%
PCRX	F	0.26%
AUB	D	0.25%
PATK	C	0.25%
NMRK	D	0.25%
FHB	C	0.25%
HTH	D	0.25%
CVBF	D	0.25%
JBGS	C	0.25%
VRTS	C	0.24%
SBCF	D	0.24%
FBNC	D	0.23%
ZD	C	0.23%
CMCO	F	0.22%
BXC	F	0.2%
OI	F	0.19%
FWRD	D	0.18%
JELD	F	0.17%
CBRL	F	0.17%
TTMI	B	0.16%
MWA	D	0.15%
HLIO	C	0.15%
CTS	C	0.15%
CAKE	B	0.15%
ADUS	A	0.15%
MPW	D	0.14%
ROG	C	0.14%
SHOO	B	0.14%
STRA	C	0.14%
NNI	C	0.14%
B	B	0.14%
NVEE	F	0.13%
OII	C	0.13%
SCL	D	0.13%
CBU	C	0.13%
GNW	D	0.13%
IBTX	B	0.13%
STC	D	0.13%
DORM	B	0.13%
COHU	C	0.13%
HNI	C	0.13%
FBK	C	0.13%
PGRE	D	0.13%
ALEX	B	0.13%
KFRC	D	0.12%
PPBI	D	0.12%
OXM	D	0.12%
APAM	D	0.12%
CVCO	D	0.12%
VICR	F	0.12%
SHEN	F	0.12%
NIC	C	0.12%
ARI	D	0.12%
DK	D	0.11%
ATUS	F	0.11%
CSGS	F	0.11%
PTVE	F	0.11%
IART	D	0.11%
HI	D	0.11%
CMTG	D	0.11%
FDP	D	0.11%
ARCB	F	0.1%
ADV	D	0.09%

FYT Underweight 173 Positions Relative to HSMV

Symbol	Grade	Weight
CUBE	B	-0.7%
IDCC	B	-0.67%
BJ	B	-0.67%
GMED	A	-0.66%
UTHR	A	-0.65%
LFUS	C	-0.63%
EVR	B	-0.62%
EME	C	-0.61%
CSL	B	-0.61%
JJSF	B	-0.61%
SWX	C	-0.6%
CVLT	B	-0.6%
NBIX	C	-0.59%
CLH	A	-0.59%
CASY	A	-0.59%
NYT	B	-0.58%
SNX	C	-0.57%
HRB	A	-0.57%
MUSA	B	-0.57%
LANC	D	-0.57%
BCPC	B	-0.56%
NVT	C	-0.56%
LII	B	-0.56%
NSIT	B	-0.56%
KEX	B	-0.55%
TTEK	B	-0.55%
DTM	A	-0.55%
CW	B	-0.55%
PRI	B	-0.55%
RGA	B	-0.55%
VRRM	B	-0.55%
MTN	D	-0.55%
EXP	D	-0.55%
FAF	D	-0.55%
JHG	B	-0.54%
OHI	A	-0.54%
JEF	B	-0.54%
TXRH	A	-0.54%
CACI	A	-0.54%
ADC	B	-0.54%
WU	D	-0.54%
MMS	B	-0.54%
ESNT	B	-0.53%
NNN	B	-0.53%
COLM	C	-0.53%
VOYA	C	-0.53%
AVT	B	-0.53%
EFC	B	-0.53%
EGP	C	-0.53%
ALE	B	-0.53%
GATX	C	-0.53%
BRX	B	-0.52%
LSTR	B	-0.52%
OGE	D	-0.52%
EHC	B	-0.52%
SBRA	A	-0.52%
SFM	A	-0.52%
LOPE	D	-0.52%
AM	A	-0.52%
FCPT	B	-0.52%
ENSG	B	-0.52%
MAT	F	-0.52%
ASH	D	-0.52%
USFD	B	-0.52%
FR	D	-0.52%
ACHC	F	-0.52%
GLPI	C	-0.52%
STAG	D	-0.52%
ELS	C	-0.52%
EPRT	B	-0.52%
RPM	C	-0.52%
COOP	C	-0.52%
AMH	B	-0.51%
ATR	C	-0.51%
RDN	C	-0.51%
AWR	D	-0.51%
RYN	D	-0.51%
FSS	D	-0.51%
AGCO	F	-0.51%
SF	B	-0.51%
MDU	B	-0.51%
IOSP	D	-0.51%
INGR	D	-0.51%
NFG	C	-0.51%
WTRG	C	-0.51%
CTRE	C	-0.51%
ORI	C	-0.51%
FLS	D	-0.51%
MTG	B	-0.51%
MSA	C	-0.5%
PCH	F	-0.5%
CHH	B	-0.5%
PECO	F	-0.5%
AFG	D	-0.5%
VVV	B	-0.5%
EPR	C	-0.5%
SCI	B	-0.5%
PFGC	D	-0.5%
DLB	F	-0.5%
ITT	D	-0.5%
AGO	D	-0.5%
WPC	D	-0.5%
SEIC	D	-0.5%
GPK	D	-0.5%
SON	D	-0.5%
RLI	D	-0.5%
G	D	-0.5%
CWT	D	-0.5%
DCI	D	-0.5%
BKH	C	-0.49%
IDA	D	-0.49%
MSGS	C	-0.49%
RS	D	-0.49%
AMG	C	-0.49%
REXR	D	-0.49%
NJR	C	-0.49%
MIDD	F	-0.49%
FNF	D	-0.49%
EXEL	B	-0.49%
KBR	D	-0.49%
PRGS	C	-0.49%
WH	C	-0.49%
GGG	D	-0.49%
ARW	D	-0.49%
GNTX	D	-0.49%
POR	C	-0.49%
MAN	D	-0.48%
FELE	D	-0.48%
ACM	D	-0.48%
CHE	D	-0.48%
VNT	D	-0.48%
BWXT	B	-0.48%
POST	C	-0.48%
HXL	D	-0.47%
ROIC	D	-0.47%
SLGN	D	-0.47%
KNX	C	-0.47%
THG	D	-0.47%
CHDN	A	-0.47%
TNC	D	-0.47%
WTS	D	-0.47%
OGS	D	-0.47%
RNR	B	-0.47%
FLO	D	-0.46%
OSK	D	-0.46%
SIGI	F	-0.46%
CBSH	C	-0.46%
PBH	C	-0.46%
MOG.A	C	-0.46%
SAIC	D	-0.45%
FNB	C	-0.45%
ALV	D	-0.45%
LAMR	B	-0.45%
JAZZ	F	-0.44%
R	B	-0.43%
CRUS	A	-0.43%
MSM	F	-0.43%
EVTC	D	-0.42%
WEN	F	-0.42%
LECO	D	-0.42%
ENR	C	-0.41%
NSA	B	-0.4%
RGLD	C	-0.4%
ORA	B	-0.35%
IRT	A	-0.35%
PB	D	-0.35%
EXPO	B	-0.32%
ONB	C	-0.3%
FCN	C	-0.3%
BLKB	D	-0.3%
CCOI	F	-0.25%
PZZA	F	-0.24%
LEG	F	-0.19%