KIE vs. FNK ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.48

Average Daily Volume

1,086,071

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

$54.43

Average Daily Volume

10,956

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	KIE	FNK
30 Days	1.72%	1.00%
60 Days	6.58%	-0.55%
90 Days	13.68%	7.13%
12 Months	33.21%	23.79%

15 Overlapping Holdings

Symbol	Grade	Weight in KIE	Weight in FNK	Overlap
AFG	C	1.96%	0.15%	0.15%
AGO	D	1.91%	0.73%	0.73%
AIZ	B	2.09%	0.33%	0.33%
AXS	B	2.04%	0.46%	0.46%
BHF	F	1.93%	0.14%	0.14%
ESGR	D	1.78%	0.73%	0.73%
FAF	B	2.24%	0.33%	0.33%
GL	D	2.45%	0.55%	0.55%
LNC	C	1.87%	0.57%	0.57%
ORI	B	2.14%	0.32%	0.32%
RGA	C	1.93%	0.15%	0.15%
RNR	B	2.13%	0.82%	0.82%
SIGI	D	1.81%	0.14%	0.14%
UNM	B	2.09%	0.63%	0.63%
WTM	F	1.74%	0.66%	0.66%

KIE Overweight 33 Positions Relative to FNK

Symbol	Grade	Weight
ERIE	B	2.68%
CNO	C	2.37%
FNF	B	2.24%
PGR	C	2.23%
AFL	A	2.21%
THG	C	2.2%
OSCR	D	2.18%
ALL	C	2.16%
CINF	C	2.15%
RYAN	C	2.13%
KNSL	D	2.12%
MET	B	2.11%
PRI	B	2.09%
AON	B	2.09%
HIG	B	2.08%
GNW	C	2.06%
TRV	C	2.05%
ACGL	B	2.04%
BRO	C	2.01%
WTW	B	2.01%
PFG	B	1.99%
CB	B	1.99%
WRB	D	1.97%
RLI	B	1.96%
AJG	D	1.95%
MMC	C	1.92%
PRU	C	1.92%
L	D	1.91%
KMPR	D	1.88%
EG	B	1.88%
MKL	C	1.83%
PLMR	C	1.82%
AIG	D	1.79%

KIE Underweight 208 Positions Relative to FNK

Symbol	Grade	Weight
MHO	B	-0.97%
GPI	B	-0.89%
TMHC	B	-0.88%
MTH	C	-0.88%
RUSHA	C	-0.87%
KBH	C	-0.87%
JXN	B	-0.85%
LAD	B	-0.84%
MTG	B	-0.83%
HOG	C	-0.8%
RDN	D	-0.79%
AMG	C	-0.79%
ESNT	B	-0.79%
ASO	D	-0.79%
FMC	B	-0.77%
LBRDK	C	-0.77%
FYBR	C	-0.76%
SIG	C	-0.76%
TAP	D	-0.75%
BTU	C	-0.74%
COLB	B	-0.72%
VLY	D	-0.72%
UHS	C	-0.72%
SEB	D	-0.71%
KRC	C	-0.71%
CNXC	F	-0.7%
LBRT	F	-0.7%
THC	C	-0.7%
BCC	C	-0.69%
DAR	F	-0.69%
NOG	F	-0.69%
SM	F	-0.68%
CHK	C	-0.68%
AGCO	D	-0.67%
G	C	-0.67%
TPH	C	-0.67%
PNW	C	-0.66%
R	C	-0.66%
AL	C	-0.66%
TEX	F	-0.66%
OGS	B	-0.65%
BYD	C	-0.65%
EVRG	B	-0.65%
PVH	D	-0.64%
NFG	B	-0.63%
GMS	C	-0.63%
BKH	B	-0.63%
COOP	C	-0.63%
CADE	C	-0.63%
HP	F	-0.63%
AN	C	-0.62%
POR	B	-0.62%
CVI	F	-0.61%
ARW	B	-0.61%
MOS	F	-0.61%
DXC	D	-0.61%
OVV	F	-0.61%
NOV	F	-0.61%
MTDR	F	-0.61%
MDU	B	-0.61%
DINO	F	-0.6%
MUR	F	-0.6%
WBS	D	-0.6%
MATX	B	-0.59%
BWA	C	-0.59%
MGY	D	-0.58%
AVT	B	-0.57%
PTEN	F	-0.57%
WAL	B	-0.57%
OZK	F	-0.57%
ABG	D	-0.56%
CLF	F	-0.54%
CUZ	C	-0.54%
CMC	D	-0.54%
MLI	B	-0.53%
LEA	D	-0.53%
OGN	D	-0.53%
ADTN	C	-0.53%
PNFP	C	-0.52%
OSK	F	-0.52%
NI	B	-0.5%
URBN	F	-0.5%
UFPI	C	-0.49%
ALLY	F	-0.48%
PBF	F	-0.48%
OGE	B	-0.48%
BERY	B	-0.48%
APA	F	-0.48%
BC	C	-0.47%
EWBC	C	-0.47%
NRG	B	-0.47%
WTFC	C	-0.46%
EMN	B	-0.46%
ONB	D	-0.46%
THO	C	-0.46%
UTHR	B	-0.46%
PAG	D	-0.45%
SON	D	-0.45%
AGNC	B	-0.45%
HII	F	-0.45%
CHRD	F	-0.45%
KNX	C	-0.44%
PII	D	-0.44%
WCC	C	-0.44%
JAZZ	D	-0.43%
ALK	B	-0.43%
FNB	D	-0.43%
TKR	C	-0.43%
SANM	D	-0.43%
CZR	C	-0.43%
OMF	D	-0.42%
NXST	D	-0.42%
AEO	D	-0.42%
WU	C	-0.41%
VAL	F	-0.41%
FHN	D	-0.41%
ASH	F	-0.39%
RRC	D	-0.39%
OLN	D	-0.39%
DDS	D	-0.36%
UMBF	C	-0.36%
SSB	C	-0.36%
LPX	B	-0.36%
DNB	D	-0.35%
IPGP	D	-0.35%
ATKR	F	-0.35%
ABCB	C	-0.35%
GAP	F	-0.35%
SLGN	B	-0.34%
SAIC	C	-0.33%
CMA	C	-0.33%
PB	D	-0.33%
M	F	-0.33%
LNT	A	-0.33%
HOMB	D	-0.32%
IAC	C	-0.32%
MIDD	C	-0.32%
UBSI	D	-0.32%
BOKF	C	-0.32%
BBWI	D	-0.32%
NJR	C	-0.31%
IDA	B	-0.31%
REYN	C	-0.31%
DTM	C	-0.31%
AYI	B	-0.31%
SEIC	B	-0.3%
GT	F	-0.3%
UGI	B	-0.3%
ASGN	D	-0.3%
HWC	D	-0.3%
ZION	D	-0.3%
RYN	C	-0.3%
SNX	C	-0.29%
PRGO	F	-0.29%
SWX	C	-0.29%
SLM	C	-0.29%
WHR	C	-0.28%
DKS	D	-0.28%
COLM	C	-0.28%
WTRG	D	-0.28%
ENS	C	-0.27%
CROX	C	-0.27%
HGV	F	-0.26%
BECN	F	-0.26%
SKX	C	-0.25%
RIG	F	-0.24%
CAR	D	-0.23%
AMKR	F	-0.22%
VNO	B	-0.21%
SKY	B	-0.19%
CCK	B	-0.18%
JLL	B	-0.18%
HLI	C	-0.17%
JEF	C	-0.17%
HSIC	C	-0.16%
IP	C	-0.16%
BPOP	C	-0.16%
CACI	B	-0.16%
BXMT	C	-0.16%
IVZ	B	-0.16%
PCH	C	-0.16%
NVST	D	-0.16%
USFD	C	-0.16%
TFX	B	-0.16%
MAT	D	-0.16%
MMS	B	-0.15%
FUL	D	-0.15%
SUM	D	-0.15%
RHI	D	-0.15%
EHC	B	-0.15%
VOYA	B	-0.15%
SNV	D	-0.15%
AVNT	B	-0.15%
NEOG	D	-0.15%
CRUS	D	-0.14%
LSTR	D	-0.14%
PARA	D	-0.14%
SEM	D	-0.14%
SEE	C	-0.14%
LFUS	C	-0.14%
GXO	C	-0.14%
KEX	C	-0.14%
BJ	D	-0.13%
LANC	F	-0.13%
CACC	F	-0.13%
KWR	D	-0.13%
AR	C	-0.12%
AAP	F	-0.09%