IXP vs. FNK ETF Comparison

Comparison of iShares Global Telecom ETF (IXP) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. 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 S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.72

Average Daily Volume

13,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid 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 MidCap 400(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

$58.28

Average Daily Volume

10,098

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	IXP	FNK
30 Days	2.64%	8.96%
60 Days	2.14%	8.11%
90 Days	6.66%	7.95%
12 Months	31.58%	29.52%

1 Overlapping Holdings

	Symbol	Grade	Weight in IXP	Weight in FNK	Overlap
	IPG	C	0.24%	0.25%	0.24%

IXP Overweight 23 Positions Relative to FNK

Symbol	Grade	Weight
META	D	22.4%
GOOGL	C	12.94%
GOOG	C	10.69%
NFLX	B	5.0%
DIS	B	4.88%
VZ	B	3.94%
CMCSA	C	3.88%
T	A	3.8%
TMUS	A	2.7%
EA	C	0.91%
CHTR	C	0.88%
TTWO	B	0.68%
BIDU	F	0.56%
WBD	C	0.48%
LYV	A	0.47%
OMC	C	0.44%
CHT	C	0.34%
NWSA	B	0.25%
FOXA	C	0.24%
MTCH	F	0.19%
PARA	C	0.15%
FOX	B	0.13%
NWS	B	0.08%

IXP Underweight 222 Positions Relative to FNK

Symbol	Grade	Weight
CNX	B	-0.87%
MTDR	C	-0.86%
OVV	C	-0.85%
AGO	A	-0.84%
NOG	A	-0.84%
SM	C	-0.81%
JXN	B	-0.8%
HP	C	-0.8%
OSK	B	-0.79%
TAP	C	-0.78%
PTEN	C	-0.78%
CMC	B	-0.78%
AL	A	-0.77%
HCC	B	-0.76%
ATKR	C	-0.75%
AMG	B	-0.75%
CIVI	D	-0.74%
AMR	C	-0.74%
PBF	D	-0.73%
PVH	C	-0.72%
CHRD	F	-0.72%
NOV	C	-0.72%
URBN	C	-0.72%
UGI	A	-0.71%
UNM	A	-0.71%
MUR	F	-0.71%
NFE	D	-0.71%
RDN	C	-0.71%
TMHC	A	-0.71%
TEX	D	-0.71%
DINO	F	-0.7%
MTG	B	-0.7%
RNR	C	-0.69%
LAD	B	-0.68%
CADE	B	-0.68%
BWA	C	-0.68%
LBRT	F	-0.67%
G	B	-0.66%
DAR	C	-0.66%
RUSHA	B	-0.66%
TPH	C	-0.66%
APA	F	-0.66%
OZK	B	-0.65%
MGY	B	-0.65%
DDS	B	-0.65%
MHO	C	-0.65%
LBRDK	C	-0.65%
R	B	-0.64%
CNO	A	-0.64%
LNC	B	-0.64%
RRC	B	-0.64%
MTH	C	-0.63%
MATX	C	-0.63%
BEN	C	-0.63%
ESNT	D	-0.63%
LEA	F	-0.63%
HOG	F	-0.62%
FMC	D	-0.61%
GPI	B	-0.61%
JAZZ	B	-0.61%
COOP	B	-0.61%
EVRG	A	-0.6%
BKH	B	-0.6%
PNW	B	-0.6%
ADTN	B	-0.6%
SR	A	-0.59%
HRI	B	-0.59%
OTTR	C	-0.59%
NFG	B	-0.59%
GBDC	B	-0.59%
AAP	C	-0.59%
ASO	F	-0.58%
BCC	B	-0.58%
FHN	B	-0.57%
BBWI	C	-0.57%
HST	C	-0.57%
KRC	C	-0.57%
SOLV	C	-0.56%
MOS	F	-0.56%
M	D	-0.56%
AVT	C	-0.56%
WBS	B	-0.56%
POR	C	-0.56%
DXC	B	-0.55%
MDU	F	-0.55%
SUM	B	-0.54%
ZION	B	-0.54%
CNXC	F	-0.53%
SIG	B	-0.53%
KBH	C	-0.52%
WCC	B	-0.52%
FNB	B	-0.51%
ALK	A	-0.51%
OMF	A	-0.51%
COLB	B	-0.51%
CLF	F	-0.51%
UHS	D	-0.5%
ARW	D	-0.5%
SANM	B	-0.49%
VLY	B	-0.49%
GMS	B	-0.48%
AMKR	F	-0.48%
BYD	B	-0.48%
ABG	B	-0.47%
AXS	A	-0.47%
SWX	B	-0.46%
OGE	A	-0.46%
BERY	B	-0.46%
JBL	C	-0.46%
OGS	A	-0.45%
GL	C	-0.45%
WHR	B	-0.45%
INGR	B	-0.44%
RIG	D	-0.44%
NXST	C	-0.43%
PAG	B	-0.43%
THO	B	-0.43%
SNX	C	-0.42%
POST	B	-0.41%
ENS	D	-0.41%
BC	C	-0.41%
LKQ	D	-0.41%
SJM	D	-0.4%
SON	D	-0.4%
AN	B	-0.4%
EMN	D	-0.4%
WU	D	-0.39%
ASH	F	-0.38%
OLN	F	-0.37%
BECN	B	-0.36%
AEO	F	-0.35%
PII	F	-0.35%
WTFC	B	-0.35%
MLI	C	-0.35%
SEIC	A	-0.34%
OGN	F	-0.34%
UBSI	B	-0.33%
CMA	A	-0.33%
HGV	B	-0.33%
PB	B	-0.33%
IDA	B	-0.33%
CRC	C	-0.32%
ACA	B	-0.32%
BOKF	B	-0.32%
ABCB	B	-0.32%
HII	F	-0.32%
AIZ	B	-0.32%
VNT	C	-0.32%
AR	B	-0.32%
HWC	B	-0.32%
SLM	B	-0.31%
ORI	A	-0.31%
LPX	B	-0.31%
PNM	F	-0.31%
SLGN	A	-0.3%
KNX	B	-0.3%
CUZ	B	-0.3%
MIDD	B	-0.29%
COLM	A	-0.29%
JWN	A	-0.29%
KFY	B	-0.29%
WTRG	B	-0.29%
CRL	C	-0.28%
MSM	C	-0.28%
AGCO	D	-0.28%
FIVE	D	-0.28%
ALKS	B	-0.28%
UFPI	B	-0.28%
ASGN	D	-0.27%
REYN	D	-0.26%
TKR	D	-0.26%
WPC	D	-0.26%
TNET	D	-0.26%
SKX	D	-0.26%
MMS	F	-0.25%
DIOD	D	-0.24%
UHAL	D	-0.24%
PNFP	B	-0.18%
UMBF	B	-0.17%
EPAM	C	-0.17%
JEF	A	-0.17%
TPR	A	-0.17%
SSB	B	-0.16%
RHI	C	-0.16%
FLR	B	-0.16%
AUB	B	-0.16%
GXO	B	-0.16%
UCB	B	-0.16%
AVNT	B	-0.15%
FELE	B	-0.15%
HSIC	B	-0.15%
WTS	B	-0.15%
SKY	B	-0.15%
PRGO	C	-0.15%
NJR	A	-0.15%
VOYA	B	-0.15%
WAL	B	-0.15%
ALIT	C	-0.15%
AFG	A	-0.15%
DNB	B	-0.15%
SEM	B	-0.15%
BJ	B	-0.15%
MUSA	B	-0.15%
PFGC	A	-0.15%
RYN	C	-0.14%
FUL	D	-0.14%
WD	C	-0.14%
TTC	D	-0.14%
MGM	F	-0.14%
BPOP	B	-0.14%
STWD	C	-0.14%
SEE	C	-0.14%
MAT	D	-0.14%
LSTR	B	-0.14%
FAF	B	-0.14%
IVZ	B	-0.14%
CZR	D	-0.13%
IAC	D	-0.13%
LFUS	D	-0.13%
FBIN	D	-0.12%
NSP	F	-0.12%
OPCH	F	-0.1%