IQSM vs. FXR ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to First Trust Industrials AlphaDEX (FXR)

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.29

Average Daily Volume

13,747

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

FXR

First Trust Industrials AlphaDEX

FXR 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) Industrials 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 industrials and producer durables sectors 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

$81.27

Average Daily Volume

36,957

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	IQSM	FXR
30 Days	4.29%	6.49%
60 Days	5.32%	8.60%
90 Days	6.64%	11.06%
12 Months	27.71%	39.01%

35 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in FXR	Overlap
AGCO	D	0.28%	0.85%	0.28%
AOS	F	0.42%	0.37%	0.37%
ATR	B	0.54%	0.49%	0.49%
AXTA	B	0.43%	0.25%	0.25%
AYI	B	0.48%	0.84%	0.48%
AZEK	A	0.32%	0.45%	0.32%
BLD	D	0.55%	0.63%	0.55%
DCI	B	0.44%	0.73%	0.44%
EME	A	1.12%	1.35%	1.12%
FBIN	D	0.45%	0.19%	0.19%
FCN	F	0.32%	0.39%	0.32%
FIX	A	0.74%	1.32%	0.74%
G	B	0.35%	1.35%	0.35%
GGG	B	0.71%	0.23%	0.23%
GPK	C	0.41%	0.87%	0.41%
GXO	B	0.33%	0.52%	0.33%
ITT	A	0.6%	0.23%	0.23%
JKHY	D	0.6%	0.22%	0.22%
KEX	B	0.36%	0.74%	0.36%
KNX	C	0.42%	0.73%	0.42%
LFUS	D	0.29%	0.21%	0.21%
LSTR	D	0.32%	0.22%	0.22%
MAS	D	0.82%	0.21%	0.21%
MSA	F	0.3%	0.22%	0.22%
NVT	B	0.58%	0.74%	0.58%
OC	A	0.81%	1.29%	0.81%
PKG	A	1.0%	0.77%	0.77%
PNR	A	0.84%	0.49%	0.49%
RHI	C	0.37%	0.5%	0.37%
RPM	A	0.83%	0.25%	0.25%
SAIA	B	0.69%	0.56%	0.56%
TTC	C	0.41%	0.43%	0.41%
TTEK	F	0.52%	1.02%	0.52%
WCC	B	0.46%	1.45%	0.46%
WMS	F	0.42%	0.37%	0.37%

IQSM Overweight 179 Positions Relative to FXR

Symbol	Grade	Weight
YUMC	C	0.86%
KEY	B	0.85%
BURL	B	0.84%
NTNX	B	0.83%
MANH	D	0.82%
XPO	B	0.81%
GEN	B	0.79%
KIM	A	0.78%
DOCU	B	0.77%
TOL	B	0.76%
TWLO	A	0.76%
EQH	C	0.75%
UTHR	C	0.75%
FLEX	B	0.72%
USFD	A	0.72%
GWRE	A	0.72%
RGA	A	0.72%
ACM	B	0.7%
EWBC	A	0.69%
FFIV	B	0.68%
DT	D	0.68%
SFM	A	0.68%
POOL	C	0.66%
EPAM	B	0.66%
UDR	B	0.65%
UNM	A	0.65%
RNR	C	0.64%
TPR	B	0.63%
CHRW	B	0.62%
CPT	B	0.61%
ELS	C	0.61%
JLL	D	0.6%
AMH	C	0.6%
REG	A	0.59%
NBIX	C	0.59%
HST	C	0.59%
KMX	B	0.59%
JNPR	D	0.58%
FTI	A	0.58%
ALB	B	0.57%
WPC	C	0.57%
PAYC	B	0.56%
RRX	B	0.55%
SJM	D	0.55%
DAY	B	0.55%
BJ	A	0.55%
Z	A	0.55%
LW	C	0.55%
AIZ	A	0.54%
DKS	D	0.54%
CG	B	0.54%
NCLH	B	0.54%
TECH	F	0.54%
INSM	C	0.54%
SF	B	0.54%
NWSA	A	0.53%
IPG	D	0.53%
CTLT	C	0.51%
FND	D	0.51%
CUBE	C	0.51%
PRI	B	0.5%
WTRG	B	0.5%
CRL	D	0.48%
EHC	B	0.48%
LAD	A	0.48%
OHI	C	0.47%
GL	C	0.47%
ALLY	C	0.47%
LKQ	F	0.47%
INGR	C	0.47%
MKTX	D	0.47%
WAL	B	0.47%
SRPT	F	0.46%
ARMK	B	0.46%
QGEN	D	0.46%
PCVX	D	0.46%
GLOB	B	0.46%
DTM	A	0.46%
EXAS	D	0.45%
ORI	A	0.45%
BRBR	A	0.45%
FN	C	0.44%
ROKU	D	0.44%
TFX	F	0.43%
PCTY	C	0.43%
REXR	F	0.43%
EXEL	B	0.43%
SNX	D	0.42%
RVMD	C	0.42%
RL	C	0.41%
ITCI	C	0.41%
PEN	B	0.41%
BRX	A	0.41%
MTZ	B	0.41%
CHE	D	0.4%
FRT	B	0.4%
PLNT	A	0.4%
MOS	F	0.4%
DVA	C	0.4%
X	B	0.39%
HAS	D	0.39%
HRB	D	0.39%
VOYA	B	0.39%
NYT	D	0.39%
ONTO	F	0.38%
WH	B	0.37%
TREX	C	0.37%
HSIC	C	0.37%
MEDP	D	0.37%
ADC	A	0.36%
JAZZ	B	0.36%
ESTC	C	0.36%
AA	A	0.35%
OLED	F	0.35%
RIVN	F	0.35%
APG	B	0.35%
MHK	D	0.35%
RGEN	D	0.35%
ANF	F	0.34%
GNTX	C	0.34%
WEX	D	0.34%
GTLS	A	0.34%
ALV	C	0.34%
BPOP	C	0.33%
BEN	C	0.33%
H	B	0.33%
CMC	B	0.33%
FR	D	0.33%
AGNC	C	0.33%
RYAN	A	0.33%
LSCC	D	0.33%
CGNX	D	0.33%
MKSI	C	0.33%
DINO	D	0.32%
PARA	C	0.32%
HLNE	B	0.32%
HALO	F	0.32%
FAF	A	0.31%
CFLT	B	0.31%
DAR	C	0.31%
STAG	D	0.31%
MTN	C	0.31%
AXS	A	0.31%
ARW	D	0.3%
WBA	F	0.3%
ESI	B	0.3%
NOV	C	0.3%
PVH	C	0.28%
SUM	B	0.28%
STWD	C	0.28%
CHX	C	0.28%
WFRD	D	0.28%
CROX	D	0.28%
SIGI	C	0.28%
ETSY	D	0.28%
BPMC	B	0.28%
VKTX	F	0.27%
ALTR	B	0.27%
WTS	B	0.27%
CLF	F	0.26%
LEA	F	0.26%
CRUS	D	0.26%
PATH	C	0.26%
POST	C	0.25%
AM	A	0.24%
TKR	D	0.23%
FIVE	F	0.23%
ST	F	0.23%
IBP	D	0.23%
DLB	B	0.21%
AN	C	0.21%
GAP	C	0.21%
ACHC	F	0.17%
ZG	A	0.16%
COTY	F	0.13%
CACC	D	0.13%
NWS	A	0.11%
LEVI	F	0.08%
LCID	F	0.08%

IQSM Underweight 102 Positions Relative to FXR

Symbol	Grade	Weight
AXON	A	-1.77%
SYF	B	-1.52%
AAON	B	-1.44%
SNA	A	-1.44%
FICO	B	-1.4%
MDU	D	-1.38%
PCAR	B	-1.36%
GPN	B	-1.33%
HWM	A	-1.32%
OSK	C	-1.3%
FOUR	A	-1.3%
AL	B	-1.27%
PWR	A	-1.27%
HEI	A	-1.24%
AXP	A	-1.24%
URI	C	-1.23%
TT	A	-1.23%
LPX	B	-1.22%
CNH	C	-1.12%
ALSN	B	-1.1%
SON	F	-1.08%
LMT	D	-1.08%
GTES	A	-1.07%
GNRC	C	-1.06%
FI	A	-1.06%
VNT	C	-1.04%
R	B	-1.03%
MLM	C	-0.99%
SNDR	B	-0.97%
EXP	B	-0.96%
FDX	B	-0.96%
CTAS	B	-0.95%
ADTN	A	-0.93%
MSM	C	-0.9%
CSL	C	-0.9%
CXT	C	-0.89%
TXT	D	-0.88%
BERY	C	-0.88%
BC	C	-0.87%
MMM	D	-0.87%
VSTS	C	-0.86%
TRU	D	-0.86%
BAH	F	-0.86%
COF	C	-0.86%
TDG	D	-0.85%
GE	D	-0.85%
BLDR	D	-0.84%
BWXT	B	-0.83%
AWI	A	-0.82%
TDY	B	-0.76%
ZBRA	B	-0.75%
JBHT	C	-0.75%
DOV	A	-0.74%
LII	A	-0.72%
SLGN	A	-0.72%
EEFT	B	-0.72%
CSX	C	-0.72%
SHW	B	-0.71%
CAT	B	-0.69%
MIDD	C	-0.68%
HII	F	-0.67%
SSD	F	-0.67%
DE	B	-0.66%
VLTO	C	-0.65%
SPR	D	-0.65%
EFX	F	-0.63%
WU	F	-0.62%
SQ	A	-0.56%
ESAB	C	-0.54%
CMI	A	-0.51%
GWW	B	-0.51%
PYPL	B	-0.5%
LECO	C	-0.49%
IEX	C	-0.48%
J	D	-0.48%
GD	D	-0.44%
UPS	C	-0.44%
SEE	C	-0.44%
CNM	D	-0.43%
FTV	C	-0.43%
CARR	C	-0.42%
PPG	F	-0.42%
AMCR	C	-0.41%
ATI	C	-0.38%
DOW	F	-0.37%
EMR	B	-0.27%
FLS	B	-0.26%
ADP	A	-0.25%
CW	C	-0.25%
PH	A	-0.25%
HON	C	-0.25%
AME	A	-0.25%
VMC	B	-0.25%
LHX	C	-0.24%
WAB	B	-0.24%
WWD	C	-0.23%
UNP	C	-0.22%
KEYS	A	-0.22%
ALLE	C	-0.22%
NDSN	B	-0.22%
BALL	F	-0.21%
EXPD	C	-0.21%