PY vs. FTA ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$49.90

Average Daily Volume

4,382

Number of Holdings ^*

105

* 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

$78.91

Average Daily Volume

32,437

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	PY	FTA
30 Days	2.97%	2.00%
60 Days	4.58%	3.14%
90 Days	9.17%	7.84%
12 Months	29.05%	23.39%

58 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in FTA	Overlap
ADM	D	0.79%	0.87%	0.79%
AIG	D	0.82%	0.67%	0.67%
ARE	C	0.77%	0.35%	0.35%
BEN	F	0.77%	0.63%	0.63%
BKR	C	0.82%	0.51%	0.51%
CB	B	0.97%	0.77%	0.77%
CF	B	0.76%	0.94%	0.76%
CI	C	0.93%	0.18%	0.18%
CINF	C	0.74%	0.97%	0.74%
CMCSA	C	1.05%	0.86%	0.86%
CTSH	B	0.78%	0.74%	0.74%
CVS	D	0.86%	0.83%	0.83%
CVX	F	1.28%	0.78%	0.78%
DD	B	0.81%	0.17%	0.17%
DE	A	0.98%	0.54%	0.54%
EBAY	B	0.81%	0.79%	0.79%
EG	B	0.74%	0.86%	0.74%
EQT	C	0.8%	0.79%	0.79%
FANG	F	0.77%	0.76%	0.76%
FDX	D	0.76%	0.49%	0.49%
FITB	B	0.81%	0.59%	0.59%
FOXA	B	0.73%	0.99%	0.73%
GIS	B	0.78%	0.58%	0.58%
GPC	D	0.75%	0.34%	0.34%
HAL	F	0.78%	0.59%	0.59%
HIG	B	0.78%	0.78%	0.78%
HPE	C	0.8%	0.75%	0.75%
HPQ	C	0.78%	0.33%	0.33%
HRL	F	0.7%	0.35%	0.35%
HSY	D	0.75%	0.36%	0.36%
KMB	C	0.77%	0.17%	0.17%
KR	B	0.82%	0.54%	0.54%
LMT	A	0.98%	0.41%	0.41%
LOW	B	1.07%	0.4%	0.4%
LYB	D	0.76%	0.68%	0.68%
MAA	C	0.75%	0.19%	0.19%
MDLZ	C	0.91%	0.19%	0.19%
MKC	C	0.75%	0.19%	0.19%
MPC	F	0.82%	0.81%	0.81%
MS	B	1.02%	0.35%	0.35%
NKE	D	0.98%	0.18%	0.18%
OXY	F	0.77%	0.69%	0.69%
PNC	C	0.91%	0.4%	0.4%
PPG	C	0.77%	0.35%	0.35%
PRU	C	0.84%	0.17%	0.17%
PSX	F	0.83%	0.79%	0.79%
QCOM	D	1.16%	0.14%	0.14%
RF	B	0.77%	0.57%	0.57%
SNA	B	0.76%	0.74%	0.74%
STLD	C	0.79%	0.78%	0.78%
SWKS	F	0.73%	0.46%	0.46%
SYF	C	0.79%	0.91%	0.79%
SYY	C	0.75%	0.17%	0.17%
TRGP	C	0.8%	0.19%	0.19%
TRV	C	0.83%	0.39%	0.39%
VLO	F	0.79%	0.74%	0.74%
WFC	D	1.16%	0.63%	0.63%
XOM	D	1.82%	0.68%	0.68%

PY Overweight 47 Positions Relative to FTA

Symbol	Grade	Weight
AAPL	C	3.99%
MSFT	C	3.73%
NVDA	C	2.79%
AVGO	C	2.46%
HD	B	1.59%
CAT	B	1.18%
ACN	C	1.15%
AXP	B	1.11%
RTX	B	1.04%
TJX	C	1.01%
TT	B	0.98%
ADP	C	0.97%
PLD	C	0.95%
MMC	C	0.93%
BMY	C	0.93%
ITW	B	0.89%
CSX	C	0.89%
BK	B	0.88%
MET	B	0.87%
SLB	F	0.86%
AMP	B	0.85%
MO	C	0.85%
DFS	C	0.85%
SPG	B	0.82%
PAYX	C	0.81%
OTIS	B	0.81%
PNR	B	0.81%
DRI	C	0.8%
NDAQ	C	0.79%
AVB	C	0.79%
EMN	B	0.79%
AOS	B	0.78%
ROK	D	0.78%
MRO	D	0.77%
RL	B	0.77%
WTW	B	0.76%
ALLE	B	0.76%
SBAC	C	0.76%
ESS	C	0.76%
NDSN	C	0.76%
VICI	C	0.76%
INVH	D	0.75%
CPT	C	0.75%
BR	C	0.75%
AIZ	B	0.73%
BBWI	D	0.73%
TAP	D	0.71%

PY Underweight 128 Positions Relative to FTA

Symbol	Grade	Weight
DHI	C	-1.18%
LEN	B	-1.08%
ETR	A	-1.0%
GPN	D	-0.98%
BRK.A	C	-0.95%
EXC	B	-0.95%
T	B	-0.94%
ACGL	B	-0.93%
UAL	B	-0.91%
GM	C	-0.88%
MKL	C	-0.85%
EOG	D	-0.84%
APTV	D	-0.84%
XEL	B	-0.81%
CE	D	-0.81%
COP	F	-0.81%
MTB	C	-0.8%
UHAL	B	-0.8%
ATO	B	-0.79%
CFG	D	-0.79%
BG	F	-0.79%
AEE	B	-0.79%
NUE	D	-0.79%
AEP	C	-0.78%
CAG	B	-0.77%
CNC	D	-0.77%
ED	B	-0.77%
WBD	D	-0.76%
HBAN	B	-0.76%
VTRS	D	-0.75%
PCG	C	-0.75%
SJM	C	-0.74%
CTRA	F	-0.74%
COF	B	-0.74%
DVN	F	-0.73%
IPG	C	-0.73%
KHC	C	-0.73%
KMI	C	-0.73%
F	F	-0.73%
VZ	A	-0.72%
L	D	-0.71%
LNG	D	-0.7%
OC	C	-0.69%
RS	D	-0.67%
LKQ	F	-0.66%
TROW	C	-0.64%
WEC	B	-0.59%
STT	B	-0.59%
AFL	A	-0.59%
EIX	B	-0.58%
D	C	-0.58%
CMS	B	-0.57%
BBY	A	-0.57%
USB	C	-0.57%
ZM	C	-0.56%
DGX	B	-0.56%
WPC	C	-0.56%
DUK	B	-0.56%
EQR	C	-0.55%
DTE	A	-0.55%
TDY	B	-0.55%
FE	B	-0.55%
JBHT	D	-0.54%
INCY	C	-0.54%
CHTR	D	-0.54%
SRE	B	-0.53%
TXT	D	-0.51%
LUV	C	-0.5%
JBL	C	-0.5%
BAC	D	-0.5%
TEL	D	-0.49%
C	C	-0.49%
ZBH	F	-0.48%
CRBG	C	-0.47%
CNP	C	-0.45%
PYPL	B	-0.45%
HCA	B	-0.42%
SSNC	C	-0.41%
KEY	C	-0.41%
FNF	B	-0.41%
MOH	D	-0.4%
PKG	B	-0.4%
WY	C	-0.4%
KIM	C	-0.4%
OKE	C	-0.39%
OMC	B	-0.39%
NEE	B	-0.39%
KDP	B	-0.38%
CPB	C	-0.38%
JNJ	C	-0.38%
PEG	B	-0.38%
MDT	B	-0.38%
WRB	D	-0.37%
GS	B	-0.37%
APD	B	-0.37%
TGT	C	-0.36%
DOV	B	-0.36%
CSCO	B	-0.36%
EPAM	F	-0.35%
INTC	D	-0.34%
DOW	C	-0.34%
UPS	D	-0.32%
K	A	-0.23%
CBRE	B	-0.22%
KVUE	B	-0.21%
POOL	C	-0.2%
VTR	C	-0.2%
WMT	B	-0.19%
AWK	C	-0.19%
BLK	B	-0.19%
J	A	-0.18%
TSN	D	-0.18%
CTVA	B	-0.18%
PFG	B	-0.18%
REGN	D	-0.18%
ABT	C	-0.18%
CMI	B	-0.18%
JCI	B	-0.18%
TSCO	B	-0.17%
LHX	C	-0.17%
GD	C	-0.17%
ELV	D	-0.16%
RJF	C	-0.16%
EXPD	B	-0.16%
WLK	C	-0.16%
HUM	F	-0.14%
BIIB	F	-0.14%
DG	F	-0.11%