IWX vs. FTA ETF Comparison

Comparison of iShares Russell Top 200 Value ETF (IWX) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value 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 Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.27

Average Daily Volume

315,888

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA 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 Defined Large Cap Value 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 S&P to objectively identify and select stocks from the S&P 500(R) Value Index 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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	IWX	FTA
30 Days	2.62%	4.88%
60 Days	4.46%	5.23%
90 Days	6.64%	6.80%
12 Months	28.30%	26.69%

56 Overlapping Holdings

Symbol	Grade	Weight in IWX	Weight in FTA	Overlap
ACN	C	1.34%	0.18%	0.18%
AEP	D	0.31%	0.47%	0.31%
AIG	B	0.3%	0.91%	0.3%
APD	A	0.43%	0.18%	0.18%
BAC	A	1.91%	0.59%	0.59%
C	A	0.79%	0.76%	0.76%
CARR	D	0.38%	0.33%	0.33%
CB	C	0.7%	0.7%	0.7%
CI	F	0.49%	0.16%	0.16%
CMCSA	B	0.99%	0.91%	0.91%
COF	B	0.42%	0.86%	0.42%
COP	C	0.79%	0.94%	0.79%
CSCO	B	1.4%	0.38%	0.38%
CSX	B	0.41%	0.36%	0.36%
CVS	D	0.4%	0.77%	0.4%
CVX	A	1.68%	0.96%	0.96%
D	C	0.29%	0.5%	0.29%
DE	A	0.61%	0.48%	0.48%
DIS	B	1.27%	0.4%	0.4%
DUK	C	0.52%	0.49%	0.49%
ELV	F	0.47%	0.27%	0.27%
EOG	A	0.47%	0.97%	0.47%
F	C	0.26%	0.92%	0.26%
FDX	B	0.4%	0.75%	0.4%
GD	F	0.47%	0.17%	0.17%
GM	B	0.38%	1.13%	0.38%
HD	A	0.49%	0.17%	0.17%
INTC	D	0.62%	0.75%	0.62%
JNJ	D	2.24%	0.33%	0.33%
KDP	D	0.21%	0.31%	0.21%
KHC	F	0.17%	0.46%	0.17%
LMT	D	0.47%	0.16%	0.16%
LOW	D	0.93%	0.17%	0.17%
MDLZ	F	0.52%	0.15%	0.15%
MDT	D	0.68%	0.16%	0.16%
MPC	D	0.33%	0.85%	0.33%
MS	A	0.88%	0.65%	0.65%
NKE	D	0.21%	0.15%	0.15%
OXY	D	0.2%	0.86%	0.2%
PCAR	B	0.35%	1.02%	0.35%
PEP	F	0.28%	0.17%	0.17%
PNC	B	0.5%	0.39%	0.39%
PSX	C	0.33%	0.87%	0.33%
PYPL	B	0.53%	0.19%	0.19%
SBUX	A	0.15%	0.17%	0.15%
SLB	C	0.37%	0.73%	0.37%
SRE	A	0.35%	0.76%	0.35%
T	A	0.98%	0.89%	0.89%
TGT	F	0.42%	0.5%	0.42%
TRV	B	0.36%	0.56%	0.36%
UPS	C	0.59%	0.17%	0.17%
USB	A	0.47%	0.56%	0.47%
VLO	C	0.27%	0.91%	0.27%
VZ	C	1.06%	0.64%	0.64%
WFC	A	1.57%	0.9%	0.9%
XOM	B	3.23%	0.9%	0.9%

IWX Overweight 102 Positions Relative to FTA

Symbol	Grade	Weight
BRK.A	B	5.18%
JPM	A	4.24%
UNH	C	3.06%
WMT	A	2.2%
PG	A	1.87%
LIN	D	1.3%
ABT	B	1.21%
PM	B	1.2%
MCD	D	1.19%
TMO	F	1.18%
IBM	C	1.13%
ABBV	D	1.0%
TXN	C	0.97%
CAT	B	0.97%
NEE	D	0.95%
SPGI	C	0.95%
RTX	C	0.95%
BLK	C	0.93%
GE	D	0.91%
DHR	F	0.9%
ETN	A	0.86%
PFE	D	0.85%
GS	A	0.83%
BSX	B	0.77%
HON	B	0.76%
TMUS	B	0.69%
BMY	B	0.69%
GILD	C	0.66%
SCHW	B	0.65%
MU	D	0.64%
PLD	D	0.63%
ADI	D	0.62%
KO	D	0.62%
AXP	A	0.61%
SYK	C	0.6%
MO	A	0.58%
SO	D	0.58%
MMC	B	0.57%
PH	A	0.54%
GEV	B	0.54%
ICE	C	0.53%
FI	A	0.5%
BA	F	0.49%
EQIX	A	0.49%
CME	A	0.49%
WELL	A	0.49%
AMD	F	0.45%
AON	A	0.45%
UNP	C	0.45%
REGN	F	0.44%
EMR	A	0.44%
KKR	A	0.43%
MRVL	B	0.42%
CRH	A	0.41%
NOC	D	0.41%
BDX	F	0.39%
MAR	B	0.38%
TT	A	0.37%
FCX	D	0.37%
TFC	A	0.37%
NSC	B	0.36%
CEG	D	0.36%
VRTX	F	0.36%
MMM	D	0.35%
ROP	B	0.35%
JCI	C	0.34%
TDG	D	0.33%
TJX	A	0.33%
MET	A	0.3%
ITW	B	0.3%
HCA	F	0.29%
CRM	B	0.28%
NEM	D	0.28%
MCK	B	0.27%
PSA	D	0.27%
MSI	B	0.26%
RSG	A	0.26%
STZ	D	0.23%
CL	D	0.21%
APH	A	0.21%
EW	C	0.2%
AMGN	D	0.2%
DELL	C	0.18%
KMB	D	0.16%
PGR	A	0.14%
APO	B	0.13%
ZTS	D	0.08%
FTNT	C	0.07%
QCOM	F	0.07%
AMAT	F	0.07%
MRNA	F	0.07%
EL	F	0.06%
BKNG	A	0.06%
ECL	D	0.05%
SHW	A	0.05%
ADP	B	0.05%
MNST	C	0.04%
DASH	A	0.04%
AZO	C	0.03%
ORLY	B	0.03%
CPRT	A	0.02%
CTAS	B	0.02%

IWX Underweight 130 Positions Relative to FTA

Symbol	Grade	Weight
UAL	A	-1.4%
SYF	B	-1.14%
DAL	C	-1.12%
FOXA	B	-0.98%
TROW	B	-0.97%
STLD	B	-0.96%
CINF	A	-0.96%
RS	B	-0.94%
CTRA	B	-0.93%
HPE	B	-0.92%
HAL	C	-0.91%
DVN	F	-0.88%
TOL	B	-0.87%
KMI	A	-0.85%
NUE	C	-0.85%
HBAN	A	-0.84%
EG	C	-0.82%
EQT	B	-0.82%
LNG	B	-0.82%
CFG	B	-0.8%
BG	F	-0.8%
PHM	D	-0.79%
LEN	D	-0.79%
OC	A	-0.78%
ETR	B	-0.78%
ADM	D	-0.77%
LYB	F	-0.76%
VTRS	A	-0.76%
CRBG	B	-0.74%
L	A	-0.74%
XEL	A	-0.74%
FANG	D	-0.74%
ATO	A	-0.73%
CTSH	B	-0.73%
CNP	B	-0.72%
AEE	A	-0.72%
KR	B	-0.72%
ZBH	C	-0.71%
ALLY	C	-0.71%
CF	B	-0.7%
HIG	B	-0.69%
APTV	D	-0.66%
EXC	C	-0.66%
ON	D	-0.65%
DG	F	-0.64%
ED	D	-0.64%
SNA	A	-0.63%
CHTR	C	-0.62%
BKR	B	-0.61%
MTB	A	-0.61%
SWKS	F	-0.6%
IP	B	-0.6%
DHI	D	-0.6%
RF	A	-0.58%
FITB	A	-0.57%
TDY	B	-0.56%
LUV	C	-0.56%
STT	A	-0.55%
CNC	D	-0.55%
NI	A	-0.53%
DGX	A	-0.52%
PPL	B	-0.51%
TXT	D	-0.5%
LNT	A	-0.5%
AFL	B	-0.5%
EQR	B	-0.5%
ULTA	F	-0.5%
EBAY	D	-0.49%
HRL	D	-0.49%
SYY	B	-0.49%
DTE	C	-0.48%
CE	F	-0.48%
BLDR	D	-0.48%
STX	D	-0.46%
RJF	A	-0.46%
AKAM	D	-0.45%
BBY	D	-0.45%
BIIB	F	-0.44%
OKE	A	-0.42%
ZM	B	-0.42%
DOW	F	-0.42%
KEY	B	-0.4%
JBHT	C	-0.38%
TSN	B	-0.38%
NWSA	B	-0.38%
PKG	A	-0.38%
RGA	A	-0.37%
KIM	A	-0.37%
HPQ	B	-0.36%
DRI	B	-0.36%
PRU	A	-0.36%
WEC	A	-0.35%
SSNC	B	-0.35%
CMS	C	-0.34%
FNF	B	-0.34%
NVR	D	-0.33%
DOC	D	-0.33%
PPG	F	-0.33%
HSY	F	-0.33%
EIX	B	-0.33%
ARE	D	-0.32%
FE	C	-0.32%
GIS	D	-0.31%
GPC	D	-0.31%
MOH	F	-0.31%
HUM	C	-0.31%
WLK	D	-0.3%
CMI	A	-0.19%
ODFL	B	-0.19%
LHX	C	-0.18%
WRB	A	-0.18%
LH	C	-0.18%
IEX	B	-0.18%
J	F	-0.18%
KEYS	A	-0.17%
NDSN	B	-0.17%
CTVA	C	-0.17%
MAA	B	-0.17%
PFG	D	-0.17%
OMC	C	-0.17%
CLX	B	-0.17%
CPB	D	-0.16%
WY	D	-0.16%
EXPD	D	-0.16%
DD	D	-0.16%
MAS	D	-0.16%
HOLX	D	-0.16%
FTV	C	-0.16%
AWK	D	-0.15%
CAG	D	-0.14%