IAT vs. FXO ETF Comparison

Comparison of iShares U.S. Regional Banks ETF (IAT) to First Trust Financials AlphaDEX (FXO)

IAT

iShares U.S. Regional Banks ETF

IAT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the regional banks sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index (the "underlying index"), which measures the performance of the regional bank sector of the U.S. equity market. The underlying index is a subset of the Dow Jones U.S. Bank Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.29

Average Daily Volume

204,048

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO 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) Financials 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 financial services 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

$46.01

Average Daily Volume

77,283

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IAT	FXO
30 Days	1.00%	-1.29%
60 Days	4.13%	3.05%
90 Days	5.89%	6.30%
12 Months	48.28%	41.45%

25 Overlapping Holdings

Symbol	Grade	Weight in IAT	Weight in FXO	Overlap
BOKF	A	0.56%	0.98%	0.56%
BPOP	A	1.41%	0.69%	0.69%
CBSH	A	1.49%	0.35%	0.35%
CFG	A	3.66%	0.96%	0.96%
CFR	C	1.54%	0.31%	0.31%
CMA	B	1.52%	1.3%	1.3%
EWBC	A	2.41%	0.96%	0.96%
FCNCA	B	4.61%	1.79%	1.79%
FHN	A	1.92%	1.37%	1.37%
FITB	A	5.62%	0.7%	0.7%
FNB	A	1.1%	1.35%	1.1%
HBAN	A	4.48%	1.37%	1.37%
KEY	C	3.12%	0.31%	0.31%
MTB	A	4.65%	1.41%	1.41%
OZK	B	1.08%	1.75%	1.08%
PB	B	1.33%	0.67%	0.67%
PNC	A	13.81%	0.67%	0.67%
PNFP	C	1.34%	0.91%	0.91%
RF	B	4.09%	0.93%	0.93%
SNV	C	1.2%	0.64%	0.64%
USB	C	14.32%	0.64%	0.64%
WAL	C	1.42%	0.92%	0.92%
WBS	D	1.73%	1.22%	1.22%
WTFC	A	1.36%	0.94%	0.94%
ZION	A	1.39%	0.96%	0.96%

IAT Overweight 10 Positions Relative to FXO

Symbol	Grade	Weight
TFC	A	11.34%
SSB	D	1.32%
HOMB	A	1.02%
UBSI	D	1.0%
GBCI	C	0.92%
FFIN	C	0.87%
UMBF	B	0.8%
VLY	D	0.69%
NYCB	D	0.44%
TFSL	B	0.14%

IAT Underweight 76 Positions Relative to FXO

Symbol	Grade	Weight
ACGL	A	-1.81%
PGR	B	-1.79%
WTM	A	-1.78%
OWL	C	-1.73%
SLM	A	-1.71%
UNM	A	-1.69%
APO	D	-1.68%
AMG	C	-1.66%
JHG	B	-1.66%
BRK.A	D	-1.66%
CINF	D	-1.65%
KKR	D	-1.65%
RNR	D	-1.63%
EG	D	-1.63%
MTG	C	-1.61%
NU	C	-1.6%
TROW	D	-1.58%
AGO	D	-1.55%
COLB	C	-1.41%
OMF	A	-1.39%
AIG	A	-1.36%
C	A	-1.36%
MKL	A	-1.36%
L	A	-1.36%
ALLY	A	-1.33%
AMP	B	-1.32%
RYAN	D	-1.32%
BRO	C	-1.32%
STT	C	-1.32%
BEN	F	-1.13%
VIRT	A	-1.07%
EQH	A	-1.02%
KNSL	F	-1.01%
LPLA	A	-1.0%
ARES	C	-0.99%
BK	A	-0.98%
FHB	A	-0.98%
AFL	B	-0.98%
BAC	B	-0.97%
CB	C	-0.96%
HIG	D	-0.94%
SEIC	C	-0.92%
LNC	D	-0.87%
PRI	D	-0.85%
GS	A	-0.72%
WFC	B	-0.72%
TPG	C	-0.69%
ORI	A	-0.69%
RGA	A	-0.69%
AXS	B	-0.67%
JPM	B	-0.67%
WTW	D	-0.65%
MORN	C	-0.65%
NTRS	C	-0.65%
UWMC	C	-0.62%
FAF	F	-0.61%
RKT	C	-0.59%
GL	F	-0.48%
SF	A	-0.34%
CBOE	D	-0.33%
JEF	B	-0.33%
TW	B	-0.33%
RJF	A	-0.32%
VOYA	C	-0.32%
AJG	C	-0.32%
PRU	C	-0.32%
MS	A	-0.32%
TRV	C	-0.31%
AIZ	C	-0.31%
CRBG	A	-0.31%
STWD	C	-0.31%
AFG	D	-0.31%
FNF	A	-0.31%
BLK	D	-0.3%
WRB	D	-0.29%
XP	D	-0.27%

IAT: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global Savings & Cooperative Banks