MDYG vs. FNK ETF Comparison

Comparison of SPDR S&P 400 Mid Cap Growth ETF (MDYG) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

MDYG

SPDR S&P 400 Mid Cap Growth ETF

MDYG 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 medium capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$87.76

Average Daily Volume

122,434

Number of Holdings ^*

245

* 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

$54.42

Average Daily Volume

10,956

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	MDYG	FNK
30 Days	2.04%	0.98%
60 Days	1.15%	-0.57%
90 Days	4.63%	7.12%
12 Months	27.51%	23.77%

53 Overlapping Holdings

Symbol	Grade	Weight in MDYG	Weight in FNK	Overlap
AYI	B	0.29%	0.31%	0.29%
BC	C	0.24%	0.47%	0.24%
BYD	C	0.29%	0.65%	0.29%
CACI	B	0.27%	0.16%	0.16%
CAR	D	0.11%	0.23%	0.11%
CCK	B	0.36%	0.18%	0.18%
CHRD	F	0.57%	0.45%	0.45%
COLM	C	0.09%	0.28%	0.09%
CROX	C	0.57%	0.27%	0.27%
CRUS	D	0.26%	0.14%	0.14%
DKS	D	0.45%	0.28%	0.28%
DTM	C	0.32%	0.31%	0.31%
EHC	B	0.28%	0.15%	0.15%
ENS	C	0.12%	0.27%	0.12%
EWBC	C	0.43%	0.47%	0.43%
GXO	D	0.27%	0.14%	0.14%
HGV	F	0.11%	0.26%	0.11%
HLI	C	0.56%	0.17%	0.17%
HWC	D	0.16%	0.3%	0.16%
IDA	B	0.14%	0.31%	0.14%
IPGP	D	0.06%	0.35%	0.06%
JAZZ	D	0.2%	0.43%	0.2%
KBH	C	0.22%	0.87%	0.22%
KEX	C	0.21%	0.14%	0.14%
LANC	F	0.12%	0.13%	0.12%
LFUS	C	0.31%	0.14%	0.14%
LPX	B	0.29%	0.36%	0.29%
LSTR	D	0.31%	0.14%	0.14%
MAT	D	0.2%	0.16%	0.16%
MIDD	C	0.26%	0.32%	0.26%
MMS	B	0.27%	0.15%	0.15%
MTDR	F	0.41%	0.61%	0.41%
MTG	B	0.18%	0.83%	0.18%
MUR	F	0.15%	0.6%	0.15%
OLN	D	0.15%	0.39%	0.15%
OVV	F	0.68%	0.61%	0.61%
OZK	F	0.16%	0.57%	0.16%
PNFP	C	0.21%	0.52%	0.21%
RNR	B	0.51%	0.82%	0.51%
RRC	D	0.5%	0.39%	0.39%
RYN	C	0.11%	0.3%	0.11%
SAIC	C	0.16%	0.33%	0.16%
SEIC	B	0.24%	0.3%	0.24%
SIGI	D	0.21%	0.14%	0.14%
SKX	C	0.55%	0.25%	0.25%
SLM	C	0.13%	0.29%	0.13%
TEX	F	0.14%	0.66%	0.14%
TKR	C	0.14%	0.43%	0.14%
UFPI	C	0.55%	0.49%	0.49%
UTHR	B	0.48%	0.46%	0.46%
VAL	F	0.24%	0.41%	0.24%
VOYA	B	0.21%	0.15%	0.15%
WTRG	D	0.32%	0.28%	0.28%

MDYG Overweight 192 Positions Relative to FNK

Symbol	Grade	Weight
CSL	B	1.41%
EME	B	1.37%
LII	C	1.34%
WSM	C	1.31%
MANH	B	1.15%
RS	D	1.11%
TOL	A	1.08%
WSO	C	1.08%
RBA	D	1.06%
OC	C	1.04%
PSTG	F	1.03%
GGG	C	0.98%
FIX	B	0.92%
CASY	D	0.91%
BLD	C	0.9%
FND	C	0.87%
DT	C	0.85%
WING	C	0.84%
CLH	C	0.84%
TTEK	C	0.84%
SAIA	D	0.82%
ITT	B	0.82%
NBIX	F	0.82%
NVT	C	0.79%
TXRH	B	0.78%
TPL	C	0.77%
WMS	D	0.72%
LECO	D	0.72%
BURL	C	0.71%
LNW	F	0.69%
WWD	C	0.69%
ONTO	C	0.68%
KNSL	D	0.68%
EXP	B	0.68%
DUOL	C	0.66%
SRPT	F	0.65%
CHDN	D	0.64%
TPX	B	0.64%
MUSA	D	0.63%
OLED	D	0.62%
BWXT	A	0.61%
HRB	C	0.6%
PRI	B	0.6%
NYT	B	0.6%
MEDP	F	0.59%
RPM	B	0.59%
RBC	B	0.59%
ELS	D	0.59%
WEX	C	0.58%
AIT	B	0.58%
IBKR	B	0.57%
SSD	C	0.56%
MORN	C	0.56%
AXTA	B	0.55%
AVTR	C	0.54%
PEN	D	0.53%
EXEL	C	0.53%
FCN	C	0.53%
CW	B	0.53%
ERIE	B	0.52%
AMH	D	0.52%
TREX	F	0.52%
LNTH	D	0.51%
RGEN	F	0.51%
HALO	D	0.51%
CR	B	0.51%
BMRN	F	0.51%
PLNT	C	0.5%
LSCC	D	0.5%
PR	F	0.49%
SWN	C	0.49%
ACHC	D	0.49%
PCTY	D	0.48%
ANF	D	0.48%
H	B	0.47%
AAON	B	0.47%
CUBE	C	0.46%
WFRD	F	0.46%
MSA	D	0.46%
EQH	C	0.46%
LAMR	B	0.45%
RYAN	C	0.44%
XPO	D	0.43%
ELF	F	0.43%
ACM	B	0.43%
ATR	B	0.42%
EVR	B	0.42%
OLLI	C	0.41%
ESAB	C	0.41%
DBX	C	0.4%
SCI	C	0.4%
COKE	C	0.4%
GLPI	C	0.4%
WTS	C	0.39%
EGP	C	0.39%
VVV	D	0.37%
FIVE	D	0.37%
ALTR	C	0.37%
VNT	F	0.36%
CHE	C	0.36%
GTLS	F	0.35%
BCO	B	0.34%
DCI	C	0.34%
CELH	F	0.34%
CIVI	F	0.34%
RGLD	C	0.33%
APPF	C	0.33%
MTN	D	0.32%
WLK	C	0.32%
QLYS	D	0.31%
CNX	B	0.31%
CG	C	0.31%
SFM	B	0.3%
CNM	F	0.3%
GNTX	D	0.3%
REXR	C	0.3%
RMBS	F	0.29%
ALV	F	0.29%
WH	B	0.29%
TTC	F	0.29%
OHI	C	0.28%
BRBR	B	0.28%
CBT	B	0.28%
LOPE	D	0.28%
CHX	F	0.27%
KBR	D	0.27%
BRKR	D	0.27%
CVLT	B	0.27%
RLI	B	0.27%
NEU	D	0.26%
FR	C	0.25%
NOVT	D	0.25%
STAG	D	0.25%
MTSI	C	0.25%
SLAB	D	0.25%
KNF	C	0.25%
BRX	C	0.25%
HQY	C	0.24%
MKSI	F	0.24%
PK	D	0.23%
WMG	D	0.23%
EXLS	B	0.23%
COTY	D	0.23%
CIEN	B	0.23%
INGR	B	0.22%
NNN	B	0.22%
OPCH	C	0.21%
CBSH	D	0.21%
MASI	C	0.21%
CFR	C	0.21%
TKO	A	0.21%
CYTK	F	0.2%
EXPO	B	0.2%
AM	B	0.2%
CGNX	F	0.2%
TDC	D	0.19%
FLS	C	0.19%
ARWR	F	0.18%
RH	C	0.17%
SHC	C	0.17%
DLB	D	0.17%
DOCS	B	0.17%
HXL	F	0.17%
EPR	C	0.16%
HAE	D	0.16%
EEFT	F	0.16%
BLKB	C	0.15%
CPRI	D	0.15%
YETI	D	0.15%
TNL	C	0.15%
FFIN	C	0.14%
MSM	D	0.14%
IRDM	C	0.12%
AZTA	F	0.12%
POWI	F	0.12%
GATX	D	0.12%
WEN	C	0.11%
NSA	C	0.11%
NSP	F	0.11%
IBOC	D	0.1%
CHH	B	0.1%
AMED	D	0.09%
PGNY	F	0.09%
SAM	D	0.08%
VC	F	0.08%
SMG	B	0.08%
SYNA	D	0.08%
ZI	D	0.07%
LIVN	D	0.07%
MP	C	0.05%
ALGM	D	0.05%
WOLF	F	0.04%

MDYG Underweight 170 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%
JXN	B	-0.85%
LAD	B	-0.84%
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%
ESGR	D	-0.73%
AGO	D	-0.73%
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%
WTM	F	-0.66%
OGS	B	-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%
UNM	B	-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%
NOV	F	-0.61%
MDU	B	-0.61%
DINO	F	-0.6%
WBS	C	-0.6%
MATX	B	-0.59%
BWA	C	-0.59%
MGY	D	-0.58%
AVT	B	-0.57%
PTEN	F	-0.57%
LNC	C	-0.57%
WAL	B	-0.57%
ABG	D	-0.56%
GL	D	-0.55%
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%
OSK	F	-0.52%
NI	B	-0.5%
URBN	F	-0.5%
ALLY	F	-0.48%
PBF	F	-0.48%
OGE	B	-0.48%
BERY	B	-0.48%
APA	F	-0.48%
NRG	B	-0.47%
WTFC	C	-0.46%
EMN	B	-0.46%
ONB	D	-0.46%
THO	C	-0.46%
AXS	B	-0.46%
PAG	D	-0.45%
SON	D	-0.45%
AGNC	B	-0.45%
HII	F	-0.45%
KNX	C	-0.44%
PII	D	-0.44%
WCC	C	-0.44%
ALK	B	-0.43%
FNB	D	-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%
FHN	D	-0.41%
ASH	F	-0.39%
DDS	D	-0.36%
UMBF	C	-0.36%
SSB	C	-0.36%
DNB	D	-0.35%
ATKR	F	-0.35%
ABCB	C	-0.35%
GAP	F	-0.35%
SLGN	B	-0.34%
CMA	C	-0.33%
PB	D	-0.33%
M	F	-0.33%
LNT	A	-0.33%
AIZ	B	-0.33%
FAF	B	-0.33%
HOMB	D	-0.32%
ORI	B	-0.32%
IAC	C	-0.32%
UBSI	D	-0.32%
BOKF	C	-0.32%
BBWI	D	-0.32%
NJR	C	-0.31%
REYN	C	-0.31%
GT	F	-0.3%
UGI	B	-0.3%
ASGN	D	-0.3%
ZION	D	-0.3%
SNX	C	-0.29%
PRGO	F	-0.29%
SWX	C	-0.29%
WHR	C	-0.28%
BECN	F	-0.26%
RIG	F	-0.24%
AMKR	F	-0.22%
VNO	B	-0.21%
SKY	B	-0.19%
JLL	B	-0.18%
JEF	C	-0.17%
HSIC	C	-0.16%
IP	C	-0.16%
BPOP	C	-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%
FUL	D	-0.15%
SUM	D	-0.15%
RHI	D	-0.15%
RGA	C	-0.15%
SNV	D	-0.15%
AFG	C	-0.15%
AVNT	B	-0.15%
NEOG	D	-0.15%
PARA	D	-0.14%
SEM	D	-0.14%
BHF	F	-0.14%
SEE	C	-0.14%
BJ	D	-0.13%
CACC	F	-0.13%
KWR	D	-0.13%
AR	C	-0.12%
AAP	F	-0.09%