SMLV vs. FYT ETF Comparison

Comparison of SPDR Russell 2000 Low Volatility (SMLV) to First Trust Small Cap Value AlphaDEX Fund (FYT)

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$108.86

Average Daily Volume

4,969

Number of Holdings ^*

413

* may have additional holdings in another (foreign) market

FYT

First Trust Small Cap Value AlphaDEX Fund

FYT 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 Nasdaq AlphaDEX® Small Cap Value Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.

Grade (RS Rating)

Last Trade

$52.35

Average Daily Volume

12,684

Number of Holdings ^*

252

* may have additional holdings in another (foreign) market

Performance

Period	SMLV	FYT
30 Days	0.30%	-0.91%
60 Days	0.67%	-0.58%
90 Days	1.67%	1.22%
12 Months	13.45%	25.14%

99 Overlapping Holdings

Symbol	Grade	Weight in SMLV	Weight in FYT	Overlap
ABM	A	0.08%	0.54%	0.08%
ADUS	B	0.09%	0.12%	0.09%
AIN	F	0.07%	0.12%	0.07%
AMN	D	0.07%	0.49%	0.07%
APOG	A	0.08%	0.41%	0.08%
ARCH	D	0.08%	0.7%	0.08%
BNL	B	0.13%	0.5%	0.13%
BUSE	A	1.0%	0.38%	0.38%
CABO	F	0.08%	0.62%	0.08%
CALM	C	0.12%	0.67%	0.12%
CBRL	F	0.05%	0.23%	0.05%
CBU	C	1.31%	0.12%	0.12%
CMCO	B	0.08%	0.25%	0.08%
CNO	A	0.97%	0.52%	0.52%
CPK	A	0.21%	0.13%	0.13%
CRC	D	0.1%	0.68%	0.1%
CRI	F	0.08%	0.23%	0.08%
CSGS	F	0.13%	0.12%	0.12%
CTS	A	0.08%	0.13%	0.08%
CVCO	C	0.06%	0.12%	0.06%
DEA	B	0.18%	0.28%	0.18%
DEI	A	0.09%	0.26%	0.09%
DK	F	0.1%	0.13%	0.1%
DORM	C	0.09%	0.12%	0.09%
ECVT	B	0.09%	0.35%	0.09%
EFSC	B	0.85%	0.52%	0.52%
EIG	D	0.87%	0.65%	0.65%
EQC	B	0.75%	0.39%	0.39%
FCF	A	0.9%	0.53%	0.53%
FULT	A	0.97%	0.53%	0.53%
GEF	D	0.13%	0.6%	0.13%
GHC	B	0.1%	0.62%	0.1%
GTY	B	0.18%	0.27%	0.18%
HELE	D	0.06%	0.31%	0.06%
HI	F	0.07%	0.13%	0.07%
HIW	A	0.1%	0.66%	0.1%
HLF	B	0.05%	0.35%	0.05%
HNI	B	0.11%	0.12%	0.11%
HTLD	D	0.14%	0.46%	0.14%
HUBG	B	0.11%	0.5%	0.11%
IART	F	0.07%	0.11%	0.07%
IBOC	A	1.05%	0.54%	0.54%
ICUI	F	0.07%	0.35%	0.07%
INVA	A	0.1%	0.67%	0.1%
JBGS	F	0.1%	0.25%	0.1%
JBT	F	0.07%	0.57%	0.07%
KFRC	C	0.09%	0.12%	0.09%
KN	B	0.07%	0.53%	0.07%
LILAK	B	0.08%	0.58%	0.08%
LNN	B	0.11%	0.27%	0.11%
LXP	D	0.14%	0.12%	0.12%
LZB	F	0.07%	0.6%	0.07%
MATW	D	0.07%	0.35%	0.07%
MRTN	D	0.13%	0.49%	0.13%
MTX	A	0.09%	0.26%	0.09%
MWA	A	0.1%	0.13%	0.1%
NBHC	B	0.98%	0.51%	0.51%
NBTB	A	1.19%	0.26%	0.26%
NHC	B	0.18%	0.38%	0.18%
NIC	C	0.83%	0.13%	0.13%
NNI	A	1.65%	0.13%	0.13%
NWBI	D	1.05%	0.37%	0.37%
NWE	A	0.25%	0.53%	0.25%
NWN	A	0.22%	0.7%	0.22%
OMCL	C	0.06%	0.25%	0.06%
OXM	A	0.06%	0.13%	0.06%
PCRX	D	0.06%	0.24%	0.06%
PDCO	F	0.07%	0.37%	0.07%
PEBO	A	0.8%	0.55%	0.55%
PINC	C	0.13%	0.64%	0.13%
PLUS	D	0.07%	0.27%	0.07%
PLXS	A	0.12%	0.28%	0.12%
PNM	C	0.23%	0.38%	0.23%
PRDO	A	0.07%	0.72%	0.07%
PRIM	A	0.08%	0.29%	0.08%
PSMT	A	0.09%	0.26%	0.09%
SASR	C	0.74%	0.5%	0.5%
SCHL	D	0.06%	0.65%	0.06%
SCL	C	0.15%	0.12%	0.12%
SFNC	D	0.74%	0.37%	0.37%
SHEN	F	0.05%	0.11%	0.05%
SHOO	C	0.07%	0.12%	0.07%
SNDR	F	0.11%	0.64%	0.11%
SPB	B	0.06%	0.61%	0.06%
SR	A	0.22%	0.55%	0.22%
SRCE	A	0.71%	0.39%	0.39%
STBA	A	0.81%	0.52%	0.52%
STRA	A	0.08%	0.15%	0.08%
TGNA	C	0.12%	0.62%	0.12%
TOWN	A	0.98%	0.39%	0.39%
TRMK	A	0.96%	0.42%	0.42%
TRS	A	0.17%	0.26%	0.17%
TTMI	A	0.06%	0.13%	0.06%
UNF	F	0.14%	0.38%	0.14%
VSH	B	0.08%	0.66%	0.08%
WAFD	B	0.85%	0.38%	0.38%
WERN	D	0.15%	0.49%	0.15%
WSBC	C	0.84%	0.37%	0.37%
ZD	D	0.06%	0.22%	0.06%

SMLV Overweight 314 Positions Relative to FYT

Symbol	Grade	Weight
THG	B	1.62%
PJT	B	1.4%
ONB	A	1.34%
ESGR	B	1.26%
CHCO	A	1.21%
PRK	A	1.21%
HMN	A	1.21%
MGRC	D	1.16%
VIRT	A	1.14%
WU	D	1.12%
FFIN	C	1.05%
GCMG	A	1.01%
WABC	A	0.98%
AGM	A	0.94%
SAFT	A	0.91%
RDN	B	0.9%
HOMB	A	0.9%
EVTC	F	0.88%
BLX	A	0.87%
SYBT	A	0.85%
PAX	F	0.84%
GBCI	B	0.82%
LKFN	C	0.81%
CVII	A	0.78%
GABC	D	0.73%
QCRH	C	0.73%
AMSF	F	0.69%
OBK	A	0.69%
SBSI	F	0.63%
LBAI	B	0.61%
CTBI	A	0.59%
BRKL	F	0.58%
BFC	D	0.57%
FBMS	F	0.55%
TRIN	B	0.54%
FMBH	A	0.53%
NFG	A	0.52%
UVSP	A	0.5%
HFWA	B	0.49%
CFFN	D	0.48%
TMP	D	0.47%
ALCC	B	0.47%
FCBC	A	0.42%
TRST	B	0.4%
GSBC	A	0.38%
CATC	B	0.38%
FLO	A	0.37%
FMNB	D	0.35%
SLAM	A	0.35%
DHIL	B	0.34%
CAC	B	0.34%
MCBS	A	0.34%
HONE	A	0.33%
THFF	A	0.33%
BHB	A	0.31%
AROW	C	0.31%
CCNE	D	0.31%
HTBI	A	0.3%
MCBC	A	0.3%
ALRS	D	0.3%
CCBG	C	0.29%
BHRB	F	0.28%
EBF	C	0.28%
SMMF	B	0.27%
NFBK	D	0.27%
IDA	A	0.26%
ESQ	B	0.26%
KRNY	F	0.25%
SPFI	A	0.25%
GLRE	A	0.25%
SMBK	C	0.24%
SBR	A	0.24%
ARTNA	D	0.24%
MPB	B	0.24%
BSRR	A	0.22%
HIFS	B	0.22%
AIRC	A	0.22%
BKH	A	0.22%
NPK	A	0.22%
FBIZ	B	0.21%
PFIS	D	0.21%
PECO	D	0.21%
ORRF	A	0.21%
MGEE	A	0.21%
ACNB	F	0.21%
FMAO	B	0.21%
SLGN	B	0.21%
WTBA	C	0.2%
GNTY	B	0.2%
FSBC	D	0.2%
BWB	B	0.2%
HBCP	A	0.2%
CZNC	D	0.2%
PSTL	C	0.19%
TRC	A	0.19%
EBTC	D	0.19%
AGX	B	0.19%
GPOR	B	0.19%
VLGEA	A	0.18%
SXT	A	0.18%
FSBW	C	0.17%
FRST	F	0.17%
FNLC	D	0.17%
PBH	B	0.16%
CTO	A	0.16%
FLIC	F	0.16%
FELE	D	0.16%
UTMD	F	0.15%
AFCG	A	0.15%
PKE	F	0.15%
NTST	D	0.15%
ICFI	C	0.15%
CHCT	F	0.15%
WSBF	B	0.15%
BMI	A	0.14%
CSWI	A	0.14%
LTC	A	0.14%
HSTM	B	0.14%
BRC	B	0.14%
COLM	A	0.14%
JBSS	C	0.14%
SMP	D	0.14%
EXPO	A	0.14%
CBNK	D	0.14%
CSR	A	0.14%
HCC	B	0.14%
JJSF	F	0.14%
RGP	D	0.13%
WEN	A	0.13%
BCAL	F	0.13%
GATX	D	0.13%
ASH	A	0.13%
CBZ	D	0.13%
TNC	B	0.12%
ACA	C	0.12%
NHI	A	0.12%
NOMD	D	0.12%
OSIS	B	0.12%
GOOD	A	0.12%
FCPT	B	0.12%
GENC	A	0.12%
FSS	B	0.12%
ESE	A	0.11%
MSGS	B	0.11%
ALG	D	0.11%
NTCT	D	0.11%
GRC	F	0.11%
KREF	D	0.11%
SXC	D	0.11%
ARKO	F	0.11%
VAL	F	0.11%
CASS	C	0.11%
AROC	A	0.11%
CTRE	A	0.11%
UHT	C	0.11%
CUZ	A	0.1%
PCH	F	0.1%
CMPO	A	0.1%
AHH	B	0.1%
RUSHA	F	0.1%
CCOI	F	0.1%
KW	B	0.1%
WINA	B	0.1%
WDFC	D	0.1%
VMI	B	0.1%
UFPT	A	0.1%
DRQ	F	0.1%
CVLT	A	0.1%
ROAD	D	0.1%
IOSP	C	0.1%
BLKB	A	0.1%
MLR	A	0.1%
BFS	B	0.1%
PBT	F	0.1%
PRGS	F	0.1%
HCKT	F	0.1%
VPG	C	0.09%
GPRK	B	0.09%
RNGR	F	0.09%
MYRG	D	0.09%
NCNO	D	0.09%
HWKN	A	0.09%
APLE	F	0.09%
AVT	B	0.09%
BHE	A	0.09%
MOG.A	A	0.09%
FPI	A	0.09%
RGR	B	0.09%
TRNS	A	0.09%
SXI	B	0.09%
SFL	A	0.09%
GMRE	D	0.09%
MGIC	B	0.09%
IRT	A	0.09%
PRGO	A	0.09%
RLGT	D	0.08%
ITGR	B	0.08%
EPAC	A	0.08%
LAUR	B	0.08%
BBSI	B	0.08%
JBI	D	0.08%
HUN	D	0.08%
ENS	C	0.08%
FTDR	B	0.08%
HOLI	D	0.08%
AZZ	B	0.08%
MEI	F	0.08%
RDWR	D	0.08%
KAI	D	0.08%
CNNE	D	0.08%
SPOK	F	0.08%
CENT	C	0.08%
PLOW	D	0.08%
FORR	F	0.08%
HSII	D	0.08%
SRCL	F	0.08%
LMAT	B	0.08%
LOPE	B	0.08%
PAHC	A	0.08%
DNB	D	0.08%
CACC	F	0.08%
VIAV	D	0.07%
NVEC	D	0.07%
MRCY	D	0.07%
MNRO	F	0.07%
NRC	D	0.07%
IRDM	B	0.07%
SQSP	B	0.07%
AMSWA	F	0.07%
HAE	A	0.07%
ITRN	D	0.07%
JOUT	D	0.07%
FUL	C	0.07%
SANM	B	0.07%
WEYS	C	0.07%
SPNS	B	0.07%
FSTR	D	0.07%
SUPN	C	0.07%
ENV	A	0.07%
HURN	F	0.07%
ACIW	A	0.07%
MODN	B	0.07%
NATR	B	0.07%
USPH	C	0.06%
MMSI	A	0.06%
VECO	B	0.06%
SCSC	B	0.06%
AAP	D	0.06%
VRNT	C	0.06%
AMED	D	0.06%
GPI	A	0.06%
IPGP	D	0.06%
SATS	B	0.06%
ATEN	A	0.06%
MTRN	F	0.06%
ETD	F	0.06%
WK	F	0.06%
TPH	A	0.06%
CNXC	F	0.06%
IRWD	F	0.06%
MLAB	B	0.06%
POWI	D	0.06%
BL	C	0.06%
ASGN	D	0.06%
AVNS	C	0.06%
LIVN	A	0.06%
LEG	F	0.06%
NVST	F	0.06%
GLDD	F	0.06%
ATNI	F	0.06%
BOX	F	0.06%
PZZA	F	0.06%
CNMD	F	0.05%
ALRM	C	0.05%
CEVA	D	0.05%
ADMA	A	0.05%
IBEX	D	0.05%
AMPH	D	0.05%
TTGT	D	0.05%
OFIX	D	0.05%
ANIP	B	0.05%
ANIK	A	0.05%
BOWL	C	0.05%
ARCO	F	0.05%
SEM	B	0.05%
ALKS	F	0.05%
IRMD	B	0.05%
XNCR	B	0.05%
CSV	C	0.05%
THRM	D	0.05%
AEIS	D	0.05%
FORM	A	0.05%
USNA	D	0.05%
VREX	F	0.05%
KIDS	B	0.05%
ATEX	D	0.05%
SRDX	B	0.04%
INSM	D	0.04%
NEOG	F	0.04%
TBPH	B	0.04%
NARI	D	0.04%
HRMY	B	0.04%
CORT	C	0.04%
PTCT	B	0.04%
ZIP	F	0.04%
GKOS	A	0.04%
RDNT	A	0.04%
AGIO	A	0.04%
OGN	A	0.04%
ACAD	F	0.03%
AZTA	D	0.03%
RARE	D	0.03%
ATRC	F	0.03%
IMTX	C	0.03%

SMLV Underweight 153 Positions Relative to FYT

Symbol	Grade	Weight
CRK	C	-0.75%
PRG	B	-0.69%
AVA	A	-0.69%
PHIN	A	-0.68%
FFBC	A	-0.68%
CNX	B	-0.68%
REVG	A	-0.67%
WMK	B	-0.67%
TALO	D	-0.67%
UVV	B	-0.67%
USM	B	-0.67%
MODG	B	-0.66%
NMIH	A	-0.65%
RC	D	-0.65%
DNOW	D	-0.65%
RLJ	D	-0.64%
ABR	B	-0.64%
IMKTA	F	-0.64%
ATSG	D	-0.63%
RYI	F	-0.63%
HE	F	-0.63%
CHGG	F	-0.62%
GDEN	F	-0.61%
UAA	F	-0.61%
PARR	F	-0.59%
PFS	B	-0.57%
GEO	A	-0.57%
BZH	F	-0.57%
CASH	A	-0.57%
MLKN	C	-0.56%
MSGE	A	-0.56%
KSS	C	-0.56%
INDB	C	-0.55%
DIOD	B	-0.55%
FRME	A	-0.54%
ENVA	B	-0.54%
SAH	A	-0.54%
VBTX	A	-0.54%
SLVM	A	-0.54%
AAT	A	-0.53%
ODP	D	-0.53%
KOS	F	-0.53%
AX	A	-0.53%
WSFS	A	-0.53%
CXW	B	-0.52%
DAN	B	-0.52%
ALGT	F	-0.52%
CUBI	D	-0.51%
EBC	B	-0.51%
BANR	B	-0.51%
CATY	D	-0.5%
OCFC	C	-0.5%
CIM	C	-0.49%
NAVI	F	-0.49%
HPP	F	-0.48%
CTOS	F	-0.48%
REZI	C	-0.48%
ADNT	D	-0.48%
SBH	C	-0.47%
CCS	C	-0.44%
GES	A	-0.44%
OFG	A	-0.4%
GOGO	B	-0.4%
OEC	A	-0.4%
PFBC	A	-0.4%
SNEX	A	-0.4%
HTZ	F	-0.4%
SJW	D	-0.39%
EPC	A	-0.39%
KOP	D	-0.39%
BKU	A	-0.39%
ANDE	B	-0.39%
FIBK	A	-0.39%
BLMN	F	-0.38%
FHI	F	-0.38%
CENTA	C	-0.38%
KMT	D	-0.38%
HOPE	D	-0.38%
RNST	B	-0.38%
SSTK	F	-0.37%
WOR	C	-0.37%
TCBK	B	-0.37%
VAC	C	-0.37%
BKE	B	-0.36%
NX	C	-0.35%
VSCO	D	-0.35%
KLG	A	-0.35%
WGO	F	-0.34%
LGIH	F	-0.33%
XRX	F	-0.32%
VCTR	A	-0.32%
BOOT	B	-0.31%
JBLU	D	-0.31%
FOXF	F	-0.3%
UCBI	B	-0.27%
JELD	B	-0.27%
KALU	A	-0.27%
ASB	A	-0.27%
CWEN	B	-0.27%
FBP	A	-0.27%
DFIN	B	-0.27%
FHB	A	-0.27%
HTLF	A	-0.27%
OLPX	F	-0.27%
XHR	D	-0.26%
TCBI	A	-0.26%
LGND	C	-0.26%
BHLB	A	-0.26%
HTH	B	-0.26%
EAT	A	-0.26%
CNXN	F	-0.26%
LTH	D	-0.25%
WD	B	-0.25%
MCRI	D	-0.25%
AUB	C	-0.25%
THS	D	-0.25%
CVBF	C	-0.25%
VRTS	D	-0.25%
SBCF	B	-0.25%
NMRK	C	-0.24%
BXC	D	-0.24%
FBNC	F	-0.24%
PATK	C	-0.24%
BDC	B	-0.24%
OI	F	-0.24%
FWRD	F	-0.2%
AIR	A	-0.15%
OII	B	-0.14%
ADV	A	-0.14%
PTVE	A	-0.14%
NVEE	D	-0.13%
GO	F	-0.13%
STC	A	-0.13%
ALEX	B	-0.13%
ARI	F	-0.13%
CAKE	D	-0.13%
B	B	-0.13%
ARCB	F	-0.13%
MPW	B	-0.13%
PGRE	B	-0.13%
FDP	A	-0.13%
FBK	A	-0.13%
VICR	F	-0.12%
CMTG	D	-0.12%
ENOV	F	-0.12%
APAM	C	-0.12%
KFY	C	-0.12%
ROG	C	-0.12%
PPBI	C	-0.12%
COHU	D	-0.12%
GNW	B	-0.12%
IBTX	F	-0.11%
ATUS	F	-0.1%

SMLV: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Software - Application Diversified Industrials Business Services Medical Instruments & Supplies Savings & Cooperative Banks Medical Devices REIT - Diversified Software - Infrastructure Specialty Chemicals Telecom Services Auto Parts Drug Manufacturers - Specialty & Generic Electronic Components Packaged Foods REIT - Healthcare Facilities Communication Equipment Diagnostics & Research Education & Training Services