IGV vs. FXL ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to First Trust Technology AlphaDEX (FXL)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.09

Average Daily Volume

3,159,892

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL 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) Technology 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 technology 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

$129.37

Average Daily Volume

30,801

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	FXL
30 Days	-5.08%	-4.04%
60 Days	-5.15%	-4.85%
90 Days	-4.39%	-1.56%
12 Months	37.27%	32.73%

36 Overlapping Holdings

Symbol	Grade	Weight in IGV	Weight in FXL	Overlap
ADSK	F	2.12%	0.3%	0.3%
APP	A	0.56%	1.91%	0.56%
CDNS	D	3.49%	1.01%	1.01%
CFLT	C	0.27%	0.7%	0.27%
CRM	D	8.34%	1.37%	1.37%
CRWD	C	2.94%	1.74%	1.74%
DBX	C	0.27%	0.72%	0.27%
DDOG	B	1.66%	1.14%	1.14%
DLB	D	0.21%	0.33%	0.21%
DOCU	A	0.52%	0.34%	0.34%
DV	D	0.19%	0.31%	0.19%
ESTC	B	0.36%	0.36%	0.36%
FTNT	D	1.85%	0.34%	0.34%
GTLB	C	0.21%	0.72%	0.21%
HCP	A	0.13%	0.38%	0.13%
HUBS	B	1.45%	1.16%	1.16%
INTU	C	7.52%	0.72%	0.72%
MANH	F	0.64%	1.37%	0.64%
MSFT	D	9.1%	1.08%	1.08%
NCNO	F	0.08%	0.6%	0.08%
NOW	D	4.85%	1.45%	1.45%
NTNX	C	0.65%	1.84%	0.65%
ORCL	C	8.13%	1.02%	1.02%
PANW	B	4.01%	0.37%	0.37%
PATH	D	0.35%	0.31%	0.31%
PCOR	D	0.29%	1.3%	0.29%
PEGA	C	0.11%	1.37%	0.11%
PLTR	C	1.8%	1.4%	1.4%
PTC	C	0.96%	1.07%	0.96%
RNG	D	0.11%	0.65%	0.11%
ROP	D	2.61%	0.34%	0.34%
S	C	0.23%	0.68%	0.23%
SNPS	C	3.56%	1.03%	1.03%
WDAY	F	2.41%	0.33%	0.33%
ZM	D	0.7%	0.7%	0.7%
ZS	D	0.69%	0.32%	0.32%

IGV Overweight 78 Positions Relative to FXL

Symbol	Grade	Weight
ADBE	D	7.8%
EA	D	1.42%
TEAM	F	1.38%
ANSS	C	1.28%
FICO	D	1.28%
TTWO	D	1.02%
MSTR	D	0.8%
TYL	A	0.78%
BSY	A	0.55%
GEN	C	0.53%
SNAP	A	0.53%
DT	D	0.5%
OTEX	D	0.44%
GWRE	C	0.4%
DSGX	A	0.35%
QLYS	A	0.28%
SPSC	C	0.28%
BILL	F	0.26%
U	F	0.25%
AZPN	C	0.25%
IOT	B	0.24%
TENB	C	0.24%
SMAR	D	0.23%
VRNS	C	0.22%
ALTR	C	0.21%
APPF	B	0.2%
CVLT	B	0.19%
FIVN	D	0.19%
BOX	D	0.18%
MARA	D	0.17%
WK	D	0.17%
ACIW	A	0.16%
TDC	D	0.16%
CCCS	C	0.15%
ALRM	C	0.15%
BLKB	B	0.15%
ENV	A	0.15%
FRSH	D	0.14%
BL	C	0.13%
QTWO	A	0.13%
RPD	D	0.12%
CWAN	F	0.11%
IDCC	C	0.11%
SPT	F	0.11%
RAMP	D	0.1%
AUR	B	0.1%
PRGS	F	0.1%
RIOT	D	0.09%
PD	D	0.09%
AI	F	0.09%
BRZE	D	0.09%
AGYS	A	0.08%
ZETA	A	0.08%
LSPD	D	0.08%
VRNT	B	0.08%
PRO	D	0.07%
EVBG	B	0.07%
APPN	C	0.07%
BB	B	0.07%
YOU	F	0.07%
VYX	D	0.07%
INTA	D	0.06%
ZUO	A	0.06%
VERX	B	0.06%
CXM	D	0.06%
PWSC	F	0.05%
MODN	B	0.05%
ADEA	D	0.05%
ASAN	D	0.05%
NABL	D	0.04%
ATEN	B	0.04%
ALKT	B	0.04%
JAMF	A	0.04%
SWI	C	0.03%
ETWO	B	0.03%
AVPT	B	0.03%
MLNK	D	0.02%
MTTR	A	0.02%

IGV Underweight 58 Positions Relative to FXL

Symbol	Grade	Weight
META	D	-1.9%
PSTG	A	-1.85%
AVT	A	-1.82%
ARW	A	-1.8%
VRT	A	-1.8%
HPE	A	-1.77%
DASH	B	-1.75%
IPGP	D	-1.75%
TOST	B	-1.73%
IAC	D	-1.72%
CTSH	D	-1.72%
SWKS	B	-1.71%
NVDA	B	-1.7%
GFS	D	-1.66%
CNXC	F	-1.59%
ON	D	-1.56%
GDDY	A	-1.55%
SNX	A	-1.53%
DXC	F	-1.49%
SAIC	C	-1.46%
DOX	D	-1.43%
NTAP	A	-1.41%
AMAT	B	-1.4%
AVGO	B	-1.4%
DNB	D	-1.38%
NET	C	-1.35%
INFA	D	-1.34%
ENTG	C	-1.34%
CACI	A	-1.13%
MCHP	A	-1.07%
IT	D	-1.06%
SSNC	C	-1.06%
FFIV	C	-1.06%
AKAM	D	-1.05%
KLAC	B	-1.04%
CRUS	C	-1.02%
LRCX	C	-1.02%
HPQ	D	-1.02%
OKTA	D	-1.01%
AMD	C	-0.94%
GOOGL	A	-0.78%
KBR	A	-0.75%
APH	A	-0.74%
ADI	A	-0.72%
TXN	B	-0.71%
QCOM	B	-0.71%
GLW	C	-0.71%
CDW	C	-0.7%
JBL	F	-0.67%
MTCH	F	-0.65%
INTC	F	-0.58%
MDB	C	-0.36%
VRSN	F	-0.35%
PINS	C	-0.34%
IBM	D	-0.34%
MPWR	C	-0.32%
OLED	D	-0.32%
TER	B	-0.31%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Systems Conglomerates Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction Internet Content & Information Media - Diversified