SYLD vs. FTA ETF Comparison

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

SYLD

Cambria Shareholder Yield ETF

SYLD Description

The investment seeks income and capital appreciation with an emphasis on income from investments in the U.S. equity market. The fund invests primarily in equity securities that provide a high "shareholder yield." Cambria views equity securities as providing a high shareholder yield if they exhibit strong cash flows, as reflected by their payment of dividends to shareholders and their return of capital to shareholders in other forms. It will invest primarily in equity securities, including the common stock, of U.S. companies, though the fund may obtain a limited amount of foreign and emerging markets exposure through investments in ADRs.

Grade (RS Rating)

Last Trade

$75.18

Average Daily Volume

59,349

Number of Holdings ^*

100

* 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

$82.72

Average Daily Volume

39,082

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	SYLD	FTA
30 Days	5.77%	4.88%
60 Days	4.77%	5.23%
90 Days	5.63%	6.80%
12 Months	23.13%	26.69%

31 Overlapping Holdings

Symbol	Grade	Weight in SYLD	Weight in FTA	Overlap
AFL	B	1.24%	0.5%	0.5%
BLDR	D	0.94%	0.48%	0.48%
CF	B	1.01%	0.7%	0.7%
CI	F	0.9%	0.16%	0.16%
CMCSA	B	0.98%	0.91%	0.91%
COP	C	0.84%	0.94%	0.84%
CTRA	B	0.88%	0.93%	0.88%
CVX	A	0.98%	0.96%	0.96%
DD	D	1.07%	0.16%	0.16%
DOW	F	0.79%	0.42%	0.42%
DVN	F	0.75%	0.88%	0.75%
EOG	A	1.0%	0.97%	0.97%
FOXA	B	1.46%	0.98%	0.98%
KHC	F	0.86%	0.46%	0.46%
LEN	D	1.06%	0.79%	0.79%
LYB	F	0.79%	0.76%	0.76%
MPC	D	0.77%	0.85%	0.77%
NUE	C	0.76%	0.85%	0.76%
OC	A	1.19%	0.78%	0.78%
PFG	D	0.97%	0.17%	0.17%
PHM	D	1.11%	0.79%	0.79%
PSX	C	0.77%	0.87%	0.77%
PYPL	B	1.35%	0.19%	0.19%
STLD	B	0.94%	0.96%	0.94%
SYF	B	1.42%	1.14%	1.14%
T	A	1.19%	0.89%	0.89%
TOL	B	1.22%	0.87%	0.87%
TXT	D	0.89%	0.5%	0.5%
VLO	C	0.8%	0.91%	0.8%
VTRS	A	1.04%	0.76%	0.76%
VZ	C	0.92%	0.64%	0.64%

SYLD Overweight 69 Positions Relative to FTA

Symbol	Grade	Weight
JEF	A	1.61%
CNX	A	1.6%
ATGE	B	1.57%
REVG	B	1.5%
VCTR	B	1.47%
CEIX	A	1.4%
PRG	C	1.37%
MATX	C	1.33%
R	B	1.32%
SKYW	B	1.31%
AMP	A	1.26%
BRC	D	1.25%
BTU	B	1.15%
SNX	C	1.14%
FHI	A	1.12%
UHS	D	1.1%
KBH	D	1.1%
SLM	A	1.09%
BERY	B	1.09%
TNL	A	1.09%
AN	C	1.08%
INGR	B	1.07%
MET	A	1.07%
AMG	B	1.05%
AGO	B	1.05%
HRB	D	1.04%
LNC	B	1.04%
AFG	A	1.03%
ARCH	B	1.03%
EMN	D	1.01%
TMHC	B	1.0%
WHR	B	1.0%
BCC	B	0.99%
GEF	A	0.99%
AVT	C	0.98%
BWA	D	0.98%
DXC	B	0.98%
MLKN	D	0.97%
UGI	A	0.96%
MRO	B	0.96%
PAGP	A	0.95%
ARW	D	0.93%
DDS	B	0.92%
IPG	D	0.92%
HP	B	0.9%
WKC	D	0.89%
BC	C	0.87%
HRMY	D	0.86%
ETD	C	0.86%
SM	B	0.83%
MAN	D	0.82%
RYI	C	0.76%
MUR	D	0.76%
WU	D	0.75%
HUN	F	0.75%
PVH	C	0.75%
AMR	C	0.75%
HVT	D	0.74%
OLN	D	0.74%
CLF	F	0.74%
MOS	F	0.73%
KSS	F	0.72%
WNC	C	0.66%
CRI	D	0.62%
PBF	D	0.53%
XRX	F	0.52%
CVI	F	0.52%
ATKR	C	0.5%
ODP	F	0.48%

SYLD Underweight 155 Positions Relative to FTA

Symbol	Grade	Weight
UAL	A	-1.4%
GM	B	-1.13%
DAL	C	-1.12%
PCAR	B	-1.02%
TROW	B	-0.97%
CINF	A	-0.96%
RS	B	-0.94%
HPE	B	-0.92%
F	C	-0.92%
AIG	B	-0.91%
HAL	C	-0.91%
XOM	B	-0.9%
WFC	A	-0.9%
COF	B	-0.86%
OXY	D	-0.86%
KMI	A	-0.85%
HBAN	A	-0.84%
EG	C	-0.82%
EQT	B	-0.82%
LNG	B	-0.82%
CFG	B	-0.8%
BG	F	-0.8%
ETR	B	-0.78%
CVS	D	-0.77%
ADM	D	-0.77%
SRE	A	-0.76%
C	A	-0.76%
INTC	D	-0.75%
FDX	B	-0.75%
CRBG	B	-0.74%
L	A	-0.74%
XEL	A	-0.74%
FANG	D	-0.74%
SLB	C	-0.73%
ATO	A	-0.73%
CTSH	B	-0.73%
CNP	B	-0.72%
AEE	A	-0.72%
KR	B	-0.72%
ZBH	C	-0.71%
ALLY	C	-0.71%
CB	C	-0.7%
HIG	B	-0.69%
APTV	D	-0.66%
EXC	C	-0.66%
ON	D	-0.65%
MS	A	-0.65%
DG	F	-0.64%
ED	D	-0.64%
SNA	A	-0.63%
CHTR	C	-0.62%
BKR	B	-0.61%
MTB	A	-0.61%
SWKS	F	-0.6%
IP	B	-0.6%
DHI	D	-0.6%
BAC	A	-0.59%
RF	A	-0.58%
FITB	A	-0.57%
TDY	B	-0.56%
LUV	C	-0.56%
TRV	B	-0.56%
USB	A	-0.56%
STT	A	-0.55%
CNC	D	-0.55%
NI	A	-0.53%
DGX	A	-0.52%
PPL	B	-0.51%
D	C	-0.5%
LNT	A	-0.5%
EQR	B	-0.5%
ULTA	F	-0.5%
TGT	F	-0.5%
EBAY	D	-0.49%
HRL	D	-0.49%
DUK	C	-0.49%
SYY	B	-0.49%
DTE	C	-0.48%
CE	F	-0.48%
DE	A	-0.48%
AEP	D	-0.47%
STX	D	-0.46%
RJF	A	-0.46%
AKAM	D	-0.45%
BBY	D	-0.45%
BIIB	F	-0.44%
OKE	A	-0.42%
ZM	B	-0.42%
DIS	B	-0.4%
KEY	B	-0.4%
PNC	B	-0.39%
JBHT	C	-0.38%
TSN	B	-0.38%
CSCO	B	-0.38%
NWSA	B	-0.38%
PKG	A	-0.38%
RGA	A	-0.37%
KIM	A	-0.37%
HPQ	B	-0.36%
DRI	B	-0.36%
CSX	B	-0.36%
PRU	A	-0.36%
WEC	A	-0.35%
SSNC	B	-0.35%
CMS	C	-0.34%
FNF	B	-0.34%
NVR	D	-0.33%
DOC	D	-0.33%
CARR	D	-0.33%
PPG	F	-0.33%
HSY	F	-0.33%
JNJ	D	-0.33%
EIX	B	-0.33%
ARE	D	-0.32%
FE	C	-0.32%
GIS	D	-0.31%
GPC	D	-0.31%
MOH	F	-0.31%
KDP	D	-0.31%
HUM	C	-0.31%
WLK	D	-0.3%
ELV	F	-0.27%
CMI	A	-0.19%
ODFL	B	-0.19%
ACN	C	-0.18%
LHX	C	-0.18%
WRB	A	-0.18%
APD	A	-0.18%
LH	C	-0.18%
IEX	B	-0.18%
J	F	-0.18%
KEYS	A	-0.17%
GD	F	-0.17%
PEP	F	-0.17%
UPS	C	-0.17%
NDSN	B	-0.17%
CTVA	C	-0.17%
MAA	B	-0.17%
LOW	D	-0.17%
HD	A	-0.17%
OMC	C	-0.17%
CLX	B	-0.17%
SBUX	A	-0.17%
CPB	D	-0.16%
WY	D	-0.16%
EXPD	D	-0.16%
LMT	D	-0.16%
MAS	D	-0.16%
HOLX	D	-0.16%
MDT	D	-0.16%
FTV	C	-0.16%
NKE	D	-0.15%
MDLZ	F	-0.15%
AWK	D	-0.15%
CAG	D	-0.14%