SPMV vs. FTC ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index) (FTC)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTC

First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index)

FTC 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 Growth 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) Growth 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

$146.37

Average Daily Volume

33,503

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	FTC
30 Days	1.14%	9.08%
60 Days	2.01%	12.23%
90 Days	4.46%	15.96%
12 Months	26.03%	42.15%

31 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in FTC	Overlap
AAPL	C	2.9%	0.33%	0.33%
ACGL	D	0.23%	0.74%	0.23%
AJG	B	2.63%	0.51%	0.51%
AMGN	D	0.32%	0.31%	0.31%
AMT	D	1.76%	0.41%	0.41%
AMZN	C	3.25%	0.38%	0.38%
AON	A	3.09%	0.18%	0.18%
AVGO	D	2.12%	0.66%	0.66%
BRK.A	B	2.92%	0.49%	0.49%
BRO	B	0.81%	0.7%	0.7%
CCI	D	0.7%	0.14%	0.14%
CRM	B	1.63%	0.2%	0.2%
IBM	C	0.53%	0.63%	0.53%
JPM	A	0.61%	0.76%	0.61%
LLY	F	0.67%	0.3%	0.3%
META	D	0.33%	0.67%	0.33%
MMC	B	2.74%	0.33%	0.33%
NEE	D	1.59%	0.59%	0.59%
NOW	A	1.76%	0.77%	0.77%
NVDA	C	3.54%	0.81%	0.81%
ORCL	B	2.17%	0.73%	0.73%
PCG	A	0.24%	0.71%	0.24%
PG	A	2.72%	0.16%	0.16%
PGR	A	1.61%	0.85%	0.85%
QCOM	F	2.79%	0.16%	0.16%
RSG	A	0.54%	0.35%	0.35%
SO	D	0.47%	0.47%	0.47%
TJX	A	0.5%	0.5%	0.5%
TMUS	B	3.38%	0.77%	0.77%
VRTX	F	2.42%	0.17%	0.17%
ZTS	D	1.64%	0.14%	0.14%

SPMV Overweight 44 Positions Relative to FTC

Symbol	Grade	Weight
GEV	B	3.53%
CSCO	B	3.34%
MSFT	F	2.85%
ABT	B	2.79%
CB	C	2.58%
MDLZ	F	2.5%
MRK	F	2.43%
HD	A	2.22%
ADBE	C	2.1%
VRSK	A	1.69%
GIS	D	1.49%
SRE	A	1.49%
DUK	C	1.3%
JNJ	D	1.18%
REGN	F	1.13%
HSY	F	1.05%
PFE	D	1.02%
TRV	B	0.98%
AEE	A	0.97%
TDY	B	0.94%
VZ	C	0.93%
AEP	D	0.91%
MKC	D	0.75%
INTU	C	0.75%
XOM	B	0.68%
RTX	C	0.65%
GOOG	C	0.58%
ELV	F	0.46%
NEM	D	0.44%
TSN	B	0.42%
HRL	D	0.38%
IDXX	F	0.37%
BIIB	F	0.31%
ACN	C	0.31%
KHC	F	0.29%
T	A	0.28%
ADM	D	0.25%
AIG	B	0.25%
CVS	D	0.22%
XEL	A	0.19%
TRMB	B	0.1%
GILD	C	0.09%
GD	F	0.06%
BA	F	0.04%

SPMV Underweight 155 Positions Relative to FTC

Symbol	Grade	Weight
APP	B	-1.81%
PLTR	B	-1.32%
AXON	A	-1.26%
CVNA	B	-1.15%
RCL	A	-1.09%
TRGP	B	-1.08%
EXPE	B	-1.03%
VRT	B	-1.01%
DASH	A	-1.01%
FICO	B	-1.0%
GS	A	-0.99%
GDDY	A	-0.98%
VST	B	-0.97%
KKR	A	-0.96%
EME	C	-0.96%
HWM	A	-0.94%
HOOD	B	-0.92%
UTHR	C	-0.9%
BK	A	-0.9%
WAB	B	-0.9%
PWR	A	-0.9%
AXP	A	-0.89%
CCL	B	-0.88%
TT	A	-0.88%
HEI	B	-0.88%
URI	B	-0.87%
CPNG	D	-0.86%
ALL	A	-0.86%
BURL	A	-0.85%
NRG	B	-0.84%
THC	D	-0.82%
VTR	C	-0.82%
AMP	A	-0.8%
GRMN	B	-0.8%
LYV	A	-0.79%
IRM	D	-0.79%
RBLX	C	-0.79%
FCNCA	A	-0.78%
FI	A	-0.78%
NTRS	A	-0.78%
TPL	A	-0.75%
PH	A	-0.74%
GEN	B	-0.73%
MSI	B	-0.73%
CEG	D	-0.72%
HCA	F	-0.71%
BSX	B	-0.7%
CTAS	B	-0.7%
PM	B	-0.7%
COST	B	-0.69%
SHW	A	-0.68%
LII	A	-0.68%
ANET	C	-0.67%
CAT	B	-0.66%
PEG	A	-0.65%
FSLR	F	-0.65%
APO	B	-0.64%
ERIE	D	-0.63%
GE	D	-0.63%
RMD	C	-0.63%
BAH	F	-0.63%
ALNY	D	-0.62%
FTNT	C	-0.59%
TDG	D	-0.59%
NFLX	A	-0.57%
BKNG	A	-0.57%
TTD	B	-0.56%
GWW	B	-0.55%
DECK	A	-0.54%
CASY	A	-0.53%
HLT	A	-0.53%
ISRG	A	-0.53%
WSO	A	-0.52%
NDAQ	A	-0.52%
COIN	C	-0.52%
WELL	A	-0.51%
TYL	B	-0.51%
BR	A	-0.51%
HUBB	B	-0.5%
CSL	C	-0.49%
MCO	B	-0.49%
SPGI	C	-0.48%
MANH	D	-0.48%
NTAP	C	-0.47%
LVS	C	-0.47%
ECL	D	-0.47%
ICE	C	-0.47%
UBER	D	-0.46%
TSCO	D	-0.46%
VLTO	D	-0.45%
XYL	D	-0.44%
PSA	D	-0.44%
CL	D	-0.43%
EFX	F	-0.43%
WMB	A	-0.41%
TSLA	B	-0.4%
CPAY	A	-0.39%
DELL	C	-0.38%
MAR	B	-0.38%
PANW	C	-0.38%
ADSK	A	-0.37%
APH	A	-0.37%
ARES	A	-0.36%
MO	A	-0.36%
ETN	A	-0.36%
IR	B	-0.35%
DOV	A	-0.35%
SPG	B	-0.35%
IT	C	-0.35%
ORLY	B	-0.35%
MCD	D	-0.33%
ROL	B	-0.33%
AZO	C	-0.33%
ROST	C	-0.32%
MSTR	C	-0.32%
OTIS	C	-0.32%
CBOE	B	-0.32%
RIVN	F	-0.31%
VICI	C	-0.31%
BLD	D	-0.3%
EXR	D	-0.3%
KO	D	-0.29%
O	D	-0.29%
WSM	B	-0.28%
LPLA	A	-0.22%
MPWR	F	-0.21%
CRWD	B	-0.2%
FAST	B	-0.19%
PAYX	C	-0.18%
ADP	B	-0.18%
MKL	A	-0.18%
DLR	B	-0.18%
WDAY	B	-0.18%
GPN	B	-0.18%
ESS	B	-0.17%
ITW	B	-0.17%
CHD	B	-0.17%
MSCI	C	-0.17%
CMG	B	-0.17%
WAT	B	-0.17%
DKNG	B	-0.17%
MA	C	-0.17%
GOOGL	C	-0.17%
SYK	C	-0.17%
WM	A	-0.17%
MU	D	-0.16%
EQIX	A	-0.16%
AVB	B	-0.16%
SBAC	D	-0.15%
KMB	D	-0.15%
GLPI	C	-0.15%
LIN	D	-0.15%
A	D	-0.14%
MTD	D	-0.13%
KLAC	D	-0.13%