SMIZ vs. FXL ETF Comparison

Comparison of Zacks Small/Mid Cap ETF (SMIZ) to First Trust Technology AlphaDEX (FXL)

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$36.18

Average Daily Volume

15,588

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL 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 StrataQuant(R) Technology 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 NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector 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

$153.75

Average Daily Volume

17,215

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	SMIZ	FXL
30 Days	6.77%	7.01%
60 Days	8.62%	10.63%
90 Days	10.36%	10.92%
12 Months	37.44%	29.05%

11 Overlapping Holdings

Symbol	Grade	Weight in SMIZ	Weight in FXL	Overlap
APH	A	0.54%	0.66%	0.54%
APPF	B	0.36%	0.29%	0.29%
DDOG	A	0.95%	0.34%	0.34%
DOCU	B	0.33%	1.53%	0.33%
FTNT	C	0.33%	1.44%	0.33%
GLW	B	0.57%	0.31%	0.31%
GTLB	B	0.4%	0.35%	0.35%
GWRE	A	0.8%	1.66%	0.8%
NTAP	C	0.93%	0.89%	0.89%
TWLO	A	0.56%	1.39%	0.56%
ZM	C	0.21%	1.4%	0.21%

SMIZ Overweight 195 Positions Relative to FXL

Symbol	Grade	Weight
EME	A	1.8%
BRBR	A	1.22%
SLVM	B	1.1%
PRA	C	1.08%
MCY	A	1.06%
NTRS	A	1.06%
PODD	C	1.04%
ADMA	B	1.03%
CBSH	B	0.97%
COFS	A	0.96%
KW	C	0.95%
MUSA	B	0.95%
SNV	C	0.95%
CWT	C	0.94%
FISI	B	0.91%
LNG	A	0.9%
RYAN	A	0.88%
FLS	B	0.88%
ANET	C	0.88%
PRM	C	0.88%
FULT	A	0.88%
LRN	A	0.86%
MCK	A	0.84%
WMB	A	0.83%
TROW	B	0.81%
ALX	D	0.8%
TOL	B	0.77%
SEIC	B	0.77%
CBAN	B	0.76%
ICUI	D	0.75%
NRIM	A	0.75%
IBKR	A	0.73%
TMHC	C	0.72%
RMBS	B	0.71%
CEG	C	0.71%
NI	A	0.7%
AYI	B	0.69%
HHH	B	0.68%
SOFI	B	0.67%
PK	C	0.66%
RCL	A	0.66%
FIX	A	0.65%
CHCO	B	0.64%
BMI	B	0.63%
YEXT	B	0.63%
TTWO	A	0.62%
IR	B	0.62%
HQY	A	0.62%
CINF	A	0.62%
MEDP	D	0.62%
OHI	C	0.61%
VMI	B	0.61%
BSRR	B	0.61%
WTS	B	0.59%
IFF	D	0.58%
EIX	B	0.57%
HIG	B	0.57%
COIN	C	0.57%
HUBB	B	0.57%
BMRC	B	0.57%
VECO	F	0.56%
UAL	A	0.56%
JHG	B	0.55%
ANF	F	0.55%
VAL	F	0.55%
KREF	C	0.54%
NCLH	B	0.54%
PHM	D	0.53%
ALRS	D	0.53%
FLR	B	0.51%
ALTR	B	0.51%
MASI	B	0.5%
MATX	C	0.5%
WING	D	0.5%
UNM	A	0.5%
WEAV	C	0.48%
ARVN	F	0.48%
ZBRA	B	0.48%
PRI	B	0.48%
SPT	C	0.47%
IRDM	D	0.47%
MHO	D	0.46%
RMD	C	0.46%
PKG	A	0.46%
PSTL	D	0.45%
ITT	A	0.44%
NWPX	A	0.44%
CMTG	F	0.43%
WAB	B	0.43%
TAP	C	0.42%
DX	B	0.42%
JANX	C	0.42%
SIRI	C	0.42%
AOSL	C	0.42%
CHRW	B	0.42%
DUOL	A	0.42%
LDOS	C	0.41%
ICFI	F	0.4%
POWL	C	0.4%
CSR	B	0.39%
UIS	B	0.39%
EXPD	C	0.38%
BTU	B	0.38%
BAH	F	0.38%
CSL	C	0.38%
CRS	B	0.38%
TXT	D	0.38%
HOLX	D	0.37%
KRYS	C	0.37%
HY	D	0.37%
HCAT	D	0.36%
KBH	D	0.36%
VCYT	B	0.36%
DRI	B	0.35%
CBOE	C	0.35%
KKR	A	0.35%
ILMN	C	0.35%
TRU	D	0.34%
URBN	C	0.34%
GRBK	D	0.34%
THC	D	0.34%
SPSC	D	0.34%
UI	B	0.33%
OKTA	C	0.33%
GAP	C	0.33%
ROST	D	0.32%
QLYS	B	0.32%
CCS	D	0.31%
ACGL	C	0.31%
OMC	C	0.31%
RDFN	D	0.3%
RIOT	C	0.3%
HSTM	B	0.3%
HAE	C	0.29%
COOP	B	0.29%
RBB	B	0.28%
LHX	C	0.28%
UHS	D	0.27%
AWK	C	0.27%
FSLY	D	0.26%
EVTC	B	0.26%
ADUS	D	0.26%
MTG	C	0.26%
EPC	F	0.26%
GNTY	A	0.25%
HRB	D	0.25%
PCVX	D	0.24%
AZEK	A	0.24%
GIII	D	0.23%
MSGS	A	0.23%
EVER	D	0.23%
ALLO	F	0.23%
INSP	D	0.23%
HL	D	0.22%
WASH	C	0.22%
IRM	C	0.22%
KMPR	A	0.22%
AIZ	A	0.22%
NYT	D	0.22%
PAHC	C	0.22%
BRO	B	0.21%
EXAS	D	0.21%
VRSK	A	0.21%
SN	D	0.19%
STNE	F	0.18%
AXS	A	0.18%
TMDX	F	0.17%
MKC	C	0.17%
BMRN	F	0.16%
PHR	F	0.16%
OMCL	C	0.16%
AFL	B	0.15%
AEO	F	0.13%
STKS	F	0.12%
COUR	F	0.12%
HRTX	F	0.09%
RUN	F	0.07%
SPCE	D	0.04%
VST	A	0.01%
ZUO	B	0.01%
AXTA	B	0.01%
NPAB	F	0.01%
ENR	B	0.01%
DFH	D	0.0%
CWCO	C	0.0%
CPF	B	0.0%
POST	C	0.0%
OPCH	D	0.0%
PARR	F	0.0%
WMS	F	0.0%
MGM	D	0.0%
CARG	B	0.0%
AGNC	C	0.0%
TSN	B	0.0%
ALKS	C	0.0%

SMIZ Underweight 91 Positions Relative to FXL

Symbol	Grade	Weight
APP	B	-3.39%
PLTR	B	-2.47%
TOST	B	-2.22%
VRT	B	-1.89%
DASH	B	-1.89%
PEGA	B	-1.88%
GFS	C	-1.65%
CTSH	B	-1.63%
HPE	B	-1.62%
DXC	B	-1.62%
PAYC	B	-1.6%
META	D	-1.57%
SMAR	B	-1.57%
IPGP	D	-1.57%
AVT	C	-1.52%
ON	D	-1.44%
NVDA	B	-1.43%
GDDY	A	-1.4%
NOW	A	-1.38%
ARW	D	-1.35%
AMKR	D	-1.32%
SWKS	F	-1.32%
ORCL	A	-1.3%
JBL	C	-1.28%
DNB	B	-1.27%
INTC	C	-1.26%
TYL	B	-1.25%
HPQ	B	-1.21%
CNXC	F	-1.21%
DT	D	-1.19%
MANH	D	-1.18%
AVGO	D	-1.17%
DOX	D	-1.16%
EPAM	B	-1.15%
MSTR	B	-1.15%
SNX	D	-1.14%
NTNX	B	-1.12%
PANW	B	-1.08%
RNG	C	-1.08%
S	B	-1.07%
DELL	B	-1.06%
AKAM	D	-1.04%
FFIV	B	-1.03%
DBX	B	-1.01%
IT	C	-0.99%
CRUS	D	-0.97%
SSNC	B	-0.93%
HCP	B	-0.93%
CACI	D	-0.91%
AAPL	C	-0.91%
QCOM	F	-0.9%
DLB	B	-0.89%
AMAT	F	-0.86%
SAIC	F	-0.84%
MTCH	D	-0.77%
MPWR	F	-0.74%
DAY	B	-0.74%
CRM	B	-0.72%
DV	C	-0.71%
GLOB	B	-0.68%
ADSK	A	-0.66%
GOOGL	C	-0.63%
ROP	B	-0.6%
TXN	C	-0.59%
LSCC	D	-0.57%
VRSN	C	-0.57%
IBM	C	-0.56%
KBR	F	-0.55%
IAC	F	-0.52%
U	C	-0.49%
MCHP	F	-0.48%
OLED	F	-0.47%
ONTO	F	-0.47%
TER	F	-0.47%
PYCR	B	-0.36%
CRWD	B	-0.36%
KD	B	-0.36%
NET	B	-0.34%
WDAY	B	-0.33%
ANSS	B	-0.32%
GEN	B	-0.32%
INFA	D	-0.3%
PSTG	D	-0.29%
MSFT	D	-0.29%
MU	D	-0.28%
ADI	D	-0.27%
SMCI	F	-0.26%
KLAC	F	-0.25%
AMD	F	-0.25%
ALGM	D	-0.25%
CDW	F	-0.24%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction