IYG vs. FNK ETF Comparison

Comparison of iShares U.S. Financial Services ETF (IYG) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

IYG

iShares U.S. Financial Services ETF

IYG Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial services 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 Dow Jones U.S. Financial Services Index (the "underlying index"), which measures the performance of the financial services sector of the U.S. equity market. It is a subset of the Dow Jones U.S. Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$81.46

Average Daily Volume

47,515

Number of Holdings ^*

102

* 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

$57.37

Average Daily Volume

9,876

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	IYG	FNK
30 Days	9.66%	7.85%
60 Days	14.50%	5.62%
90 Days	16.89%	5.60%
12 Months	51.21%	27.99%

27 Overlapping Holdings

Symbol	Grade	Weight in IYG	Weight in FNK	Overlap
AMG	B	0.09%	0.75%	0.09%
BEN	C	0.11%	0.63%	0.11%
BOKF	B	0.04%	0.32%	0.04%
BPOP	B	0.12%	0.14%	0.12%
CMA	A	0.15%	0.33%	0.15%
ESNT	D	0.1%	0.63%	0.1%
FHN	A	0.18%	0.57%	0.18%
FNB	A	0.1%	0.51%	0.1%
IVZ	B	0.13%	0.14%	0.13%
JEF	A	0.2%	0.17%	0.17%
MTG	C	0.11%	0.7%	0.11%
OMF	A	0.11%	0.51%	0.11%
OZK	B	0.08%	0.65%	0.08%
PB	A	0.13%	0.33%	0.13%
PNFP	B	0.15%	0.18%	0.15%
RDN	C	0.09%	0.71%	0.09%
SEIC	B	0.13%	0.34%	0.13%
SLM	A	0.09%	0.31%	0.09%
SSB	B	0.13%	0.16%	0.13%
UBSI	B	0.09%	0.33%	0.09%
UMBF	B	0.09%	0.17%	0.09%
VLY	B	0.08%	0.49%	0.08%
VOYA	B	0.13%	0.15%	0.13%
WAL	B	0.16%	0.15%	0.15%
WBS	A	0.17%	0.56%	0.17%
WTFC	A	0.14%	0.35%	0.14%
ZION	B	0.14%	0.54%	0.14%

IYG Overweight 75 Positions Relative to FNK

Symbol	Grade	Weight
BRK.A	B	13.92%
JPM	A	11.28%
V	A	8.36%
MA	C	6.96%
BAC	A	5.1%
WFC	A	4.09%
GS	A	3.03%
MS	A	2.7%
AXP	A	2.6%
SPGI	C	2.6%
BLK	C	2.36%
C	A	2.12%
BX	A	2.11%
SCHW	B	1.95%
KKR	A	1.63%
ICE	C	1.44%
PNC	B	1.34%
CME	A	1.31%
USB	A	1.26%
MCO	B	1.2%
APO	B	1.19%
COF	B	1.14%
TFC	A	1.01%
COIN	C	1.0%
BK	A	0.93%
AMP	A	0.89%
MSCI	C	0.75%
DFS	B	0.72%
MTB	A	0.58%
NDAQ	A	0.53%
FITB	A	0.52%
ARES	A	0.5%
RJF	A	0.48%
STT	A	0.46%
TROW	B	0.43%
FCNCA	A	0.43%
HBAN	A	0.42%
SYF	B	0.42%
RF	A	0.39%
LPLA	A	0.38%
HOOD	B	0.37%
NTRS	A	0.35%
CBOE	B	0.34%
CFG	B	0.34%
IBKR	A	0.32%
FDS	B	0.3%
KEY	B	0.29%
EWBC	A	0.24%
EQH	B	0.24%
TW	A	0.24%
SOFI	A	0.23%
OWL	A	0.19%
SF	B	0.19%
CG	A	0.17%
EVR	B	0.17%
HLI	B	0.16%
MKTX	D	0.16%
ALLY	C	0.16%
MORN	B	0.15%
CBSH	A	0.14%
CFR	B	0.14%
HLNE	B	0.13%
SNV	B	0.13%
LAZ	B	0.11%
JHG	A	0.1%
GBCI	B	0.1%
FFIN	B	0.09%
TPG	A	0.09%
HOMB	A	0.09%
FCFS	F	0.07%
CACC	D	0.05%
VIRT	B	0.05%
RKT	F	0.03%
UWMC	D	0.01%
TFSL	A	0.01%

IYG Underweight 196 Positions Relative to FNK

Symbol	Grade	Weight
CNX	A	-0.87%
MTDR	B	-0.86%
OVV	B	-0.85%
AGO	B	-0.84%
NOG	A	-0.84%
SM	B	-0.81%
JXN	C	-0.8%
HP	B	-0.8%
OSK	B	-0.79%
TAP	C	-0.78%
PTEN	C	-0.78%
CMC	B	-0.78%
AL	B	-0.77%
HCC	B	-0.76%
ATKR	C	-0.75%
CIVI	D	-0.74%
AMR	C	-0.74%
PBF	D	-0.73%
PVH	C	-0.72%
CHRD	D	-0.72%
NOV	C	-0.72%
URBN	C	-0.72%
UGI	A	-0.71%
UNM	A	-0.71%
MUR	D	-0.71%
NFE	D	-0.71%
TMHC	B	-0.71%
TEX	D	-0.71%
DINO	D	-0.7%
RNR	C	-0.69%
LAD	A	-0.68%
CADE	B	-0.68%
BWA	D	-0.68%
LBRT	D	-0.67%
G	B	-0.66%
DAR	C	-0.66%
RUSHA	C	-0.66%
TPH	D	-0.66%
APA	D	-0.66%
MGY	A	-0.65%
DDS	B	-0.65%
MHO	D	-0.65%
LBRDK	C	-0.65%
R	B	-0.64%
CNO	A	-0.64%
LNC	B	-0.64%
RRC	B	-0.64%
MTH	D	-0.63%
MATX	C	-0.63%
LEA	D	-0.63%
HOG	D	-0.62%
FMC	D	-0.61%
GPI	A	-0.61%
JAZZ	B	-0.61%
COOP	B	-0.61%
EVRG	A	-0.6%
BKH	A	-0.6%
PNW	B	-0.6%
ADTN	A	-0.6%
SR	A	-0.59%
HRI	B	-0.59%
OTTR	C	-0.59%
NFG	A	-0.59%
GBDC	C	-0.59%
AAP	C	-0.59%
ASO	F	-0.58%
BCC	B	-0.58%
BBWI	D	-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%
POR	C	-0.56%
DXC	B	-0.55%
MDU	D	-0.55%
SUM	B	-0.54%
CNXC	F	-0.53%
SIG	B	-0.53%
KBH	D	-0.52%
WCC	B	-0.52%
ALK	C	-0.51%
COLB	A	-0.51%
CLF	F	-0.51%
UHS	D	-0.5%
ARW	D	-0.5%
SANM	B	-0.49%
GMS	B	-0.48%
AMKR	D	-0.48%
BYD	C	-0.48%
ABG	B	-0.47%
AXS	A	-0.47%
SWX	B	-0.46%
OGE	B	-0.46%
BERY	B	-0.46%
JBL	B	-0.46%
OGS	A	-0.45%
GL	B	-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	C	-0.41%
ENS	D	-0.41%
BC	C	-0.41%
LKQ	D	-0.41%
SJM	D	-0.4%
SON	D	-0.4%
AN	C	-0.4%
EMN	D	-0.4%
WU	D	-0.39%
ASH	D	-0.38%
OLN	D	-0.37%
BECN	B	-0.36%
AEO	F	-0.35%
PII	D	-0.35%
MLI	C	-0.35%
OGN	D	-0.34%
HGV	B	-0.33%
IDA	A	-0.33%
CRC	B	-0.32%
ACA	A	-0.32%
ABCB	B	-0.32%
HII	D	-0.32%
AIZ	A	-0.32%
VNT	B	-0.32%
AR	B	-0.32%
HWC	B	-0.32%
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	C	-0.29%
COLM	B	-0.29%
JWN	C	-0.29%
KFY	B	-0.29%
WTRG	B	-0.29%
CRL	C	-0.28%
MSM	C	-0.28%
AGCO	D	-0.28%
FIVE	F	-0.28%
ALKS	B	-0.28%
UFPI	B	-0.28%
ASGN	F	-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%
IPG	D	-0.25%
DIOD	D	-0.24%
UHAL	D	-0.24%
EPAM	C	-0.17%
TPR	B	-0.17%
RHI	B	-0.16%
FLR	B	-0.16%
AUB	B	-0.16%
GXO	B	-0.16%
UCB	A	-0.16%
AVNT	B	-0.15%
FELE	B	-0.15%
HSIC	B	-0.15%
WTS	B	-0.15%
SKY	A	-0.15%
PRGO	B	-0.15%
NJR	A	-0.15%
ALIT	C	-0.15%
AFG	A	-0.15%
DNB	B	-0.15%
SEM	B	-0.15%
BJ	A	-0.15%
MUSA	A	-0.15%
PFGC	B	-0.15%
RYN	D	-0.14%
FUL	F	-0.14%
WD	D	-0.14%
TTC	D	-0.14%
MGM	D	-0.14%
STWD	C	-0.14%
SEE	C	-0.14%
MAT	D	-0.14%
LSTR	D	-0.14%
FAF	A	-0.14%
CZR	F	-0.13%
IAC	D	-0.13%
LFUS	F	-0.13%
FBIN	D	-0.12%
NSP	D	-0.12%
OPCH	D	-0.1%