IWP vs. FXO ETF Comparison

Comparison of iShares Russell Midcap Growth ETF (IWP) to First Trust Financials AlphaDEX (FXO)

IWP

iShares Russell Midcap Growth ETF

IWP Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics. 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. It seeks to track the investment results of the Russell Midcap Growth Index (the "underlying index"), which measures the performance of the mid-capitalization growth sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$110.32

Average Daily Volume

753,318

Number of Holdings ^*

328

* 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

$47.12

Average Daily Volume

73,585

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IWP	FXO
30 Days	-0.97%	3.47%
60 Days	-1.35%	3.92%
90 Days	0.98%	8.99%
12 Months	24.45%	40.67%

26 Overlapping Holdings

Symbol	Grade	Weight in IWP	Weight in FXO	Overlap
ACGL	A	0.15%	1.81%	0.15%
AJG	C	0.09%	0.32%	0.09%
AMP	C	1.33%	1.32%	1.32%
APO	C	1.8%	1.71%	1.71%
ARES	A	0.73%	1.01%	0.73%
BRO	C	0.24%	1.31%	0.24%
EG	C	0.07%	1.62%	0.07%
EQH	A	0.41%	1.0%	0.41%
FCNCA	B	0.06%	1.79%	0.06%
KKR	C	0.51%	1.68%	0.51%
KNSL	D	0.26%	1.0%	0.26%
LNC	C	0.01%	0.89%	0.01%
LPLA	B	0.62%	0.98%	0.62%
MORN	D	0.24%	0.65%	0.24%
NU	C	0.58%	1.7%	0.58%
OWL	B	0.04%	1.65%	0.04%
PRI	D	0.15%	0.84%	0.15%
RKT	B	0.02%	0.65%	0.02%
RNR	C	0.1%	1.63%	0.1%
RYAN	D	0.16%	1.28%	0.16%
SLM	B	0.06%	1.69%	0.06%
TPG	D	0.03%	0.66%	0.03%
TW	A	0.14%	0.34%	0.14%
UWMC	B	0.01%	0.67%	0.01%
WTW	D	0.1%	0.62%	0.1%
XP	D	0.02%	0.28%	0.02%

IWP Overweight 302 Positions Relative to FXO

Symbol	Grade	Weight
CRWD	C	2.09%
CTAS	B	1.66%
DXCM	D	1.53%
CPRT	D	1.46%
GWW	D	1.3%
SPOT	B	1.29%
ROST	D	1.28%
IDXX	D	1.27%
PLTR	D	1.25%
PAYX	D	1.21%
TTD	B	1.2%
IQV	D	1.19%
LNG	D	1.17%
COR	D	1.16%
APH	A	1.15%
VRSK	B	1.08%
MCHP	B	1.07%
A	C	1.06%
YUM	C	1.05%
ODFL	F	1.04%
IT	D	1.02%
DDOG	D	1.0%
MPWR	B	1.0%
RMD	B	0.97%
ROK	F	0.96%
FICO	C	0.96%
VEEV	D	0.91%
TSCO	B	0.9%
FAST	D	0.89%
CDW	F	0.88%
DASH	D	0.87%
MTD	D	0.85%
HUBS	D	0.84%
WST	D	0.83%
PINS	A	0.77%
TRGP	B	0.77%
HES	B	0.76%
MDB	F	0.74%
CPNG	B	0.74%
HLT	D	0.72%
CHD	A	0.72%
ANSS	D	0.72%
TT	A	0.69%
DECK	D	0.69%
AXON	B	0.67%
ALGN	F	0.66%
NET	F	0.66%
EFX	D	0.62%
WAT	D	0.61%
BAH	B	0.61%
ULTA	F	0.59%
BR	D	0.58%
DKNG	D	0.57%
CPAY	B	0.57%
MSCI	D	0.57%
DPZ	B	0.56%
CLX	F	0.54%
FDS	D	0.52%
TER	B	0.49%
CSGP	C	0.49%
TYL	A	0.47%
ZS	F	0.47%
ALNY	D	0.47%
ENPH	F	0.46%
SQ	D	0.46%
POOL	F	0.44%
RBLX	C	0.44%
NBIX	B	0.42%
MANH	D	0.41%
PSTG	C	0.38%
PODD	C	0.38%
BURL	D	0.38%
CAH	F	0.38%
HEI	A	0.38%
FND	D	0.38%
SRPT	B	0.37%
DT	F	0.37%
SWAV	A	0.37%
ROL	B	0.37%
LECO	D	0.37%
WMS	C	0.36%
DOCU	B	0.36%
WING	A	0.36%
TECH	B	0.36%
CELH	D	0.36%
TDG	A	0.36%
GDDY	A	0.35%
TPL	C	0.35%
IRM	C	0.35%
LW	F	0.35%
EXPE	F	0.34%
MOH	D	0.34%
TXRH	B	0.34%
PTC	D	0.33%
NTRA	B	0.32%
SPG	C	0.32%
BSY	A	0.31%
RCL	A	0.31%
HUBB	D	0.31%
EPAM	D	0.31%
RBA	D	0.31%
TREX	D	0.31%
ALLE	D	0.31%
PWR	B	0.31%
TOST	A	0.3%
CHDN	B	0.3%
TTC	F	0.29%
MEDP	D	0.29%
LSCC	F	0.29%
URI	D	0.29%
VST	B	0.29%
PAYC	F	0.28%
JBL	D	0.28%
HEI	A	0.27%
NTAP	B	0.27%
APA	F	0.26%
CROX	C	0.26%
ESTC	B	0.26%
LAMR	B	0.25%
AES	B	0.25%
DRI	F	0.25%
MUSA	D	0.24%
FIVE	F	0.24%
VMC	C	0.24%
PPG	D	0.24%
DVA	B	0.23%
MTCH	F	0.23%
MKTX	F	0.23%
PEN	F	0.23%
BRKR	D	0.23%
GLOB	D	0.22%
CHRW	C	0.22%
INCY	D	0.22%
KEYS	D	0.21%
HAL	F	0.21%
PCTY	D	0.21%
CHE	D	0.19%
LYFT	C	0.19%
AVY	A	0.19%
TKO	B	0.19%
EME	A	0.19%
GGG	D	0.18%
OVV	C	0.18%
CFLT	C	0.18%
EXP	A	0.18%
PCOR	F	0.17%
PATH	D	0.17%
INSP	D	0.16%
PFGC	D	0.16%
LSTR	D	0.16%
HPQ	C	0.16%
ILMN	F	0.16%
DBX	F	0.16%
MASI	D	0.16%
GTLB	F	0.15%
IONS	F	0.15%
EXEL	F	0.15%
SMAR	D	0.15%
GPK	C	0.14%
HRB	B	0.14%
WEX	D	0.13%
ETSY	F	0.13%
APLS	F	0.13%
APP	B	0.13%
DCI	B	0.12%
ICLR	D	0.12%
FIVN	F	0.12%
ROIV	B	0.12%
JKHY	D	0.12%
WSO	B	0.12%
NTNX	A	0.12%
RGEN	F	0.12%
XYL	A	0.12%
CHH	F	0.11%
LYV	D	0.11%
IRDM	D	0.11%
AAL	C	0.11%
JAZZ	D	0.11%
BJ	B	0.11%
ELS	D	0.11%
OLED	B	0.11%
SCI	D	0.11%
CZR	F	0.1%
SUI	D	0.1%
TDC	F	0.1%
RARE	F	0.1%
KBR	B	0.1%
WEN	B	0.1%
FOUR	F	0.1%
EXAS	F	0.1%
YETI	F	0.1%
U	F	0.09%
JBHT	F	0.09%
CAVA	B	0.09%
SMG	D	0.09%
ZBRA	A	0.09%
RNG	C	0.09%
SEE	C	0.09%
FERG	B	0.08%
VRT	A	0.08%
SAM	D	0.08%
EEFT	C	0.08%
UHAL	B	0.08%
PEGA	D	0.08%
OKE	B	0.08%
WSM	B	0.08%
DV	F	0.08%
PLNT	D	0.08%
RPM	D	0.08%
VNT	D	0.07%
SBAC	D	0.07%
W	C	0.07%
GMED	C	0.07%
HCP	B	0.07%
SITE	F	0.07%
EXPD	D	0.07%
OTIS	D	0.07%
TXG	F	0.07%
CASY	A	0.06%
BMRN	F	0.06%
TPX	D	0.06%
WSC	D	0.06%
ZI	F	0.06%
BBY	D	0.06%
NVR	D	0.06%
NXST	C	0.06%
TTEK	B	0.06%
ALGM	D	0.06%
TNL	D	0.05%
PTON	D	0.05%
AWI	D	0.05%
OLLI	B	0.05%
EBAY	D	0.05%
AM	A	0.05%
NCLH	F	0.05%
TWLO	D	0.05%
NVCR	D	0.05%
DAL	A	0.05%
GEN	F	0.05%
NFE	F	0.05%
DOCS	F	0.04%
MSA	C	0.04%
SAIA	F	0.04%
LBRDK	F	0.04%
FMC	B	0.04%
LOPE	B	0.04%
RLI	A	0.04%
FCN	B	0.04%
AGL	F	0.04%
IEX	D	0.04%
BWXT	D	0.04%
G	D	0.04%
FRPT	B	0.04%
VVV	D	0.04%
VRSN	F	0.03%
BFAM	C	0.03%
DKS	C	0.03%
BLD	D	0.03%
AXTA	A	0.03%
ROKU	F	0.03%
OKTA	D	0.03%
SHC	F	0.03%
ENTG	D	0.03%
AOS	C	0.03%
HLI	A	0.02%
CART	C	0.02%
AMBP	B	0.02%
TPR	D	0.02%
EHC	A	0.02%
CHPT	D	0.02%
WYNN	D	0.02%
VSCO	F	0.02%
KMX	D	0.02%
SKX	B	0.02%
MRVI	B	0.02%
ALSN	D	0.02%
S	D	0.02%
WU	C	0.02%
UDR	B	0.02%
RH	D	0.02%
CERT	D	0.02%
ACI	D	0.02%
DAY	F	0.02%
MTN	F	0.02%
CAR	D	0.02%
LBRDA	F	0.01%
PLTK	C	0.01%
NCNO	D	0.01%
UHAL	B	0.01%
BHF	D	0.01%
BIRK	D	0.01%
VMI	B	0.01%
SPR	D	0.01%
TNDM	B	0.01%
UI	D	0.01%
WH	F	0.01%
PYCR	F	0.01%
PII	F	0.01%
BC	D	0.01%
INFA	D	0.0%
DNA	F	0.0%
CABO	F	0.0%

IWP Underweight 75 Positions Relative to FXO

Symbol	Grade	Weight
WTM	A	-1.77%
PGR	A	-1.77%
OZK	B	-1.76%
JHG	A	-1.69%
UNM	B	-1.66%
BRK.A	D	-1.64%
CINF	D	-1.6%
AMG	D	-1.59%
AGO	D	-1.59%
MTG	B	-1.58%
TROW	D	-1.55%
MKL	A	-1.44%
COLB	C	-1.42%
MTB	A	-1.41%
AIG	A	-1.39%
FHN	A	-1.39%
HBAN	A	-1.37%
OMF	B	-1.37%
L	A	-1.34%
FNB	A	-1.34%
C	A	-1.34%
CMA	B	-1.33%
ALLY	B	-1.32%
STT	C	-1.32%
WBS	D	-1.23%
BEN	F	-1.13%
VIRT	B	-1.06%
FHB	B	-0.98%
BOKF	A	-0.98%
ZION	B	-0.98%
BK	A	-0.97%
AFL	A	-0.96%
CFG	A	-0.96%
BAC	B	-0.96%
EWBC	A	-0.95%
WAL	B	-0.95%
HIG	C	-0.94%
CB	C	-0.94%
PNFP	C	-0.94%
WTFC	B	-0.93%
SEIC	C	-0.92%
RF	B	-0.91%
GS	A	-0.73%
AXS	A	-0.73%
RGA	A	-0.73%
WFC	A	-0.72%
FITB	A	-0.7%
ORI	A	-0.69%
BPOP	A	-0.69%
PNC	B	-0.66%
SNV	C	-0.66%
JPM	B	-0.66%
PB	B	-0.65%
NTRS	C	-0.65%
USB	D	-0.63%
FAF	D	-0.61%
GL	F	-0.52%
CRBG	A	-0.35%
JEF	B	-0.34%
CBSH	A	-0.34%
SF	A	-0.34%
CBOE	C	-0.33%
MS	A	-0.33%
RJF	C	-0.32%
FNF	B	-0.32%
STWD	C	-0.32%
PRU	A	-0.32%
VOYA	B	-0.32%
KEY	C	-0.31%
CFR	D	-0.31%
AFG	C	-0.31%
BLK	D	-0.3%
AIZ	D	-0.3%
TRV	D	-0.3%
WRB	D	-0.29%