FYT vs. TZA ETF Comparison

Comparison of First Trust Small Cap Value AlphaDEX Fund (FYT) to Direxion Small Cap Bear 3X Shares (TZA)

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

$50.51

Average Daily Volume

11,288

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

TZA

Direxion Small Cap Bear 3X Shares

TZA Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 2000Â® Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000Â® Index, representing approximately 10% of the total market capitalization of that index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.80

Average Daily Volume

21,006,585

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FYT	TZA
30 Days	-6.61%	16.33%
60 Days	-0.76%	-4.53%
90 Days	-2.28%	4.22%
12 Months	10.27%	-22.16%

11 Overlapping Holdings

Symbol	Grade	Weight in FYT	Weight in TZA	Overlap
CBRL	F	0.19%	0.18%	0.18%
CBU	D	0.12%	0.17%	0.12%
CHGG	F	0.33%	0.24%	0.24%
HELE	D	0.35%	0.22%	0.22%
JBT	C	0.6%	0.17%	0.17%
NWE	C	0.54%	0.18%	0.18%
OMCL	D	0.28%	0.17%	0.17%
PNM	C	0.39%	0.19%	0.19%
SR	D	0.53%	0.2%	0.2%
TGNA	F	0.64%	0.18%	0.18%
VAC	F	0.33%	0.25%	0.25%

FYT Overweight 241 Positions Relative to TZA

Symbol	Grade	Weight
USM	B	1.07%
CRK	B	0.85%
PRDO	C	0.84%
REVG	B	0.84%
PHIN	C	0.75%
CNX	B	0.73%
ABR	B	0.72%
INVA	B	0.72%
ARCH	D	0.71%
PRG	C	0.71%
LILAK	B	0.7%
NMIH	C	0.69%
SPB	B	0.68%
AVA	D	0.68%
VSH	D	0.68%
WMK	D	0.67%
CALM	C	0.67%
SNDR	D	0.67%
NWN	F	0.66%
FFBC	D	0.65%
HIW	B	0.65%
MODG	D	0.64%
ATSG	F	0.63%
LZB	D	0.63%
UAA	D	0.63%
GHC	D	0.63%
SCHL	F	0.62%
SLVM	B	0.62%
IMKTA	F	0.62%
RC	F	0.62%
UVV	F	0.61%
EIG	D	0.61%
HE	F	0.61%
CABO	F	0.61%
GEF	F	0.6%
DNOW	D	0.6%
KN	B	0.59%
CRC	D	0.58%
PINC	F	0.58%
CASH	B	0.58%
ABM	B	0.58%
BZH	D	0.58%
MLKN	D	0.57%
DAN	D	0.57%
FULT	D	0.56%
DIOD	D	0.56%
RLJ	D	0.56%
CNO	C	0.55%
GDEN	F	0.55%
NBHC	B	0.55%
CXW	F	0.54%
HUBG	B	0.54%
SAH	B	0.54%
IBOC	D	0.53%
VBTX	D	0.53%
GEO	D	0.53%
AAT	B	0.53%
SBH	D	0.52%
BANR	B	0.52%
INDB	F	0.52%
HTLD	C	0.52%
EBC	D	0.52%
KSS	F	0.52%
CATY	D	0.52%
SASR	B	0.52%
TALO	F	0.52%
PEBO	D	0.52%
MRTN	D	0.52%
WSFS	D	0.52%
BNL	B	0.52%
STBA	D	0.52%
AX	D	0.52%
PFS	F	0.51%
EFSC	D	0.51%
ENVA	D	0.51%
WERN	D	0.51%
KOS	F	0.51%
MSGE	D	0.51%
FCF	D	0.51%
FRME	D	0.5%
REZI	D	0.5%
CCS	D	0.47%
GOGO	D	0.47%
OCFC	D	0.47%
ALGT	F	0.47%
AMN	D	0.46%
ADNT	F	0.45%
HLF	C	0.45%
NAVI	F	0.45%
PARR	F	0.45%
RYI	F	0.45%
GES	F	0.44%
NHC	B	0.44%
CTOS	F	0.44%
CUBI	D	0.44%
VSCO	D	0.43%
SNEX	C	0.42%
OEC	D	0.41%
EQC	B	0.41%
APOG	D	0.41%
OFG	D	0.4%
OLPX	C	0.4%
ICUI	B	0.4%
TCBK	C	0.4%
EPC	B	0.4%
TRMK	D	0.4%
BKU	C	0.4%
HPP	D	0.4%
SRCE	D	0.39%
CENTA	D	0.39%
EAT	B	0.39%
KMT	D	0.39%
ODP	F	0.39%
SJW	F	0.38%
PFBC	D	0.38%
FIBK	D	0.38%
BUSE	D	0.37%
NWBI	D	0.37%
FHI	D	0.37%
RNST	D	0.37%
WAFD	D	0.37%
TOWN	D	0.37%
UNF	F	0.36%
WSBC	D	0.36%
BKE	D	0.36%
BOOT	B	0.36%
FOXF	C	0.35%
ANDE	D	0.35%
HOPE	D	0.35%
MATW	F	0.35%
WOR	F	0.34%
SSTK	C	0.34%
PDCO	F	0.34%
SFNC	D	0.34%
HTZ	F	0.33%
LGIH	F	0.33%
HTLF	B	0.33%
ECVT	F	0.33%
PRIM	B	0.33%
WGO	F	0.32%
CWEN	B	0.32%
MTX	B	0.31%
KOP	F	0.31%
XRX	F	0.31%
VCTR	C	0.31%
NX	F	0.31%
PLXS	C	0.3%
LGND	B	0.3%
LTH	B	0.3%
JBLU	F	0.29%
BDC	B	0.28%
BLMN	F	0.28%
KALU	D	0.28%
DEA	B	0.28%
FBP	D	0.27%
TRS	D	0.27%
PCRX	D	0.27%
PSMT	D	0.27%
GTY	D	0.27%
CNXN	C	0.27%
TCBI	D	0.26%
UCBI	D	0.26%
XHR	D	0.26%
ASB	D	0.26%
DFIN	D	0.26%
HTH	D	0.26%
KLG	F	0.26%
LNN	C	0.26%
NBTB	D	0.26%
DEI	D	0.26%
ZD	C	0.25%
FHB	D	0.25%
WD	C	0.25%
CVBF	F	0.25%
THS	D	0.25%
BHLB	D	0.25%
PLUS	D	0.25%
MCRI	C	0.24%
VRTS	D	0.24%
AUB	D	0.24%
SBCF	F	0.24%
NMRK	C	0.24%
PATK	D	0.24%
JBGS	C	0.24%
FBNC	D	0.23%
CRI	F	0.22%
CMCO	F	0.22%
OI	F	0.2%
BXC	F	0.2%
JELD	F	0.18%
FWRD	D	0.17%
MPW	C	0.16%
TTMI	B	0.16%
ADUS	B	0.15%
AIR	D	0.15%
CTS	B	0.15%
SHEN	D	0.14%
HLIO	C	0.14%
SHOO	B	0.14%
NNI	C	0.14%
STRA	C	0.14%
CAKE	B	0.14%
MWA	B	0.14%
SCL	D	0.13%
FBK	D	0.13%
STC	D	0.13%
LXP	C	0.13%
IBTX	D	0.13%
GNW	D	0.13%
PGRE	D	0.13%
COHU	C	0.13%
KFY	B	0.13%
HNI	C	0.13%
ATUS	D	0.13%
ROG	C	0.13%
B	B	0.13%
CPK	C	0.13%
ALEX	B	0.13%
KFRC	D	0.12%
IART	D	0.12%
CVCO	C	0.12%
FDP	D	0.12%
ARI	D	0.12%
PPBI	F	0.12%
OII	F	0.12%
VICR	D	0.12%
AIN	D	0.12%
OXM	D	0.12%
NIC	D	0.12%
DORM	C	0.12%
NVEE	F	0.12%
APAM	D	0.12%
DK	F	0.11%
PTVE	F	0.11%
CMTG	F	0.11%
HI	D	0.11%
GO	F	0.1%
ENOV	F	0.1%
CSGS	F	0.1%
ADV	F	0.09%
ARCB	F	0.09%

FYT Underweight 76 Positions Relative to TZA

Symbol	Grade	Weight
NVCR	C	-0.38%
TDOC	F	-0.32%
GNRC	C	-0.3%
LITE	B	-0.28%
AMED	F	-0.27%
TREX	C	-0.27%
HAE	D	-0.27%
ARWR	C	-0.25%
POR	D	-0.25%
RGEN	F	-0.25%
REXR	D	-0.25%
PFGC	D	-0.25%
SAIC	D	-0.25%
FR	D	-0.25%
ESNT	C	-0.24%
HQY	B	-0.24%
CHDN	B	-0.24%
RDN	C	-0.24%
SLAB	F	-0.24%
EGP	C	-0.24%
MSA	C	-0.23%
EME	B	-0.23%
TTEK	B	-0.23%
ACAD	F	-0.23%
DECK	B	-0.23%
CRUS	A	-0.23%
BKH	D	-0.23%
OGS	F	-0.23%
BCO	B	-0.22%
BXMT	F	-0.22%
DAR	F	-0.22%
MMS	B	-0.22%
FIVN	F	-0.21%
FCN	D	-0.21%
VLY	F	-0.21%
FFIN	D	-0.21%
KBR	D	-0.2%
SBRA	B	-0.2%
ACIW	B	-0.2%
AXON	C	-0.2%
ALE	B	-0.2%
STAG	D	-0.2%
SF	D	-0.2%
BPMC	B	-0.19%
RHP	D	-0.19%
BLKB	D	-0.19%
SIGI	F	-0.19%
GMED	B	-0.19%
MRCY	D	-0.19%
AAN	C	-0.19%
SWX	D	-0.19%
LPX	B	-0.18%
TRNO	C	-0.18%
RLI	D	-0.18%
HWC	D	-0.18%
TXRH	B	-0.18%
THC	B	-0.18%
MTZ	B	-0.18%
QTWO	C	-0.18%
TNDM	B	-0.18%
SITE	F	-0.18%
VRNT	B	-0.18%
NJR	C	-0.18%
GBCI	D	-0.18%
NHI	B	-0.17%
VIAV	F	-0.17%
ASGN	D	-0.17%
NVRO	F	-0.17%
SMTC	D	-0.17%
DOC	B	-0.17%
NEOG	B	-0.17%
RH	D	-0.17%
UBSI	D	-0.17%
EXPO	B	-0.17%
SSD	D	-0.17%
BLD	B	-0.17%