TRFM vs. FXL ETF Comparison

Comparison of AAM Transformers ETF (TRFM) to First Trust Technology AlphaDEX (FXL)

TRFM

AAM Transformers ETF

TRFM Description

AAM Transformers ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across aerospace & defense, electronic components, IT consulting & other services, alternative carriers, electronic equipment & instruments, oil & gas refining & marketing, application software, heavy electrical equipment, independent power and renewable electricity producers, automobile manufacturers, hotels, resorts & cruise lines and leisure, semiconductors and semiconductor equipment, communications equipment, industrial machinery, consumer electronics, interactive home entertainment, specialty chemicals, copper, interactive media & services, systems software, data processing & outsourced services, internet & direct marketing retail, technology hardware and equipment, storage & peripherals, electrical components & equipment, internet services & infrastructure, trucking, communication services, media and entertainment, telecommunication services, diversified telecommunication services, consumer discretionary, automobiles and components, consumer durables and apparel, household durables, consumer services, retailing, energy, oil, gas and consumable fuels, industrials, capital goods, machinery, transportation, road and rail, information technology, software and services, IT services, materials, chemicals, metals and mining, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Pence Transformers Index, by using full replication technique. AAM Transformers ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.04

Average Daily Volume

3,666

Number of Holdings ^*

174

* 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

$136.43

Average Daily Volume

23,503

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TRFM	FXL
30 Days	3.15%	4.45%
60 Days	5.37%	7.46%
90 Days	2.65%	2.59%
12 Months	18.89%	19.07%

45 Overlapping Holdings

Symbol	Grade	Weight in TRFM	Weight in FXL	Overlap
ADSK	B	0.68%	0.31%	0.31%
AMAT	B	0.96%	1.57%	0.96%
AMD	C	0.67%	0.92%	0.67%
APP	B	0.91%	2.09%	0.91%
AVGO	B	1.04%	1.67%	1.04%
CDNS	B	0.75%	1.03%	0.75%
CFLT	C	0.27%	0.68%	0.27%
CRM	D	0.64%	1.17%	0.64%
CRWD	A	0.9%	2.1%	0.9%
DASH	D	0.64%	1.4%	0.64%
DDOG	B	0.66%	1.09%	0.66%
DV	D	0.21%	0.18%	0.18%
ENTG	B	0.71%	1.33%	0.71%
ESTC	B	0.32%	0.38%	0.32%
FTNT	D	0.61%	0.29%	0.29%
GFS	C	0.68%	1.69%	0.68%
GOOGL	A	1.08%	0.86%	0.86%
GTLB	C	0.2%	0.59%	0.2%
HUBS	C	0.65%	0.98%	0.65%
INTC	F	0.59%	0.48%	0.48%
INTU	B	0.78%	0.7%	0.7%
KLAC	B	0.85%	1.22%	0.85%
LRCX	B	0.9%	1.13%	0.9%
MDB	D	0.37%	0.23%	0.23%
META	B	0.84%	1.86%	0.84%
MPWR	B	0.82%	0.4%	0.4%
MSFT	A	0.9%	1.12%	0.9%
NET	B	0.58%	1.18%	0.58%
NOW	B	0.8%	1.41%	0.8%
NTNX	C	0.28%	1.59%	0.28%
NVDA	B	1.34%	2.39%	1.34%
OKTA	C	0.28%	0.92%	0.28%
OLED	A	0.41%	0.41%	0.41%
PANW	B	0.76%	0.4%	0.4%
PATH	D	0.17%	0.18%	0.17%
PCOR	D	0.28%	1.09%	0.28%
PINS	B	0.89%	0.42%	0.42%
PTC	C	0.69%	1.0%	0.69%
QCOM	B	1.11%	0.8%	0.8%
S	C	0.22%	0.62%	0.22%
SNPS	B	0.76%	1.09%	0.76%
TER	B	0.48%	0.43%	0.43%
TOST	B	0.38%	1.8%	0.38%
WDAY	D	0.54%	0.27%	0.27%
ZS	B	0.6%	0.32%	0.32%

TRFM Overweight 129 Positions Relative to FXL

Symbol	Grade	Weight
MU	B	1.27%
AAPL	A	0.98%
ETN	D	0.92%
AMZN	A	0.88%
ANET	A	0.87%
WDC	B	0.87%
TSM	B	0.86%
HEI	B	0.86%
CPNG	C	0.82%
V	D	0.82%
TDG	C	0.82%
ABBV	B	0.81%
MA	D	0.8%
XYL	D	0.8%
FICO	A	0.8%
ABNB	C	0.78%
STX	B	0.78%
ADBE	B	0.77%
TTWO	B	0.76%
ARM	B	0.75%
SMCI	C	0.75%
PDD	D	0.75%
TSLA	B	0.75%
EMR	D	0.74%
BA	C	0.74%
HUBB	D	0.73%
UBER	B	0.73%
ANSS	D	0.71%
MRVL	B	0.7%
ASML	B	0.7%
AME	D	0.69%
AXON	D	0.69%
NXPI	B	0.68%
SAP	A	0.67%
MELI	C	0.64%
RBLX	B	0.64%
SQ	D	0.58%
FSLR	C	0.57%
AVAV	C	0.55%
SHOP	C	0.55%
NTES	C	0.54%
BE	F	0.53%
ZETA	A	0.52%
TEAM	C	0.5%
SNOW	D	0.5%
SQSP	A	0.47%
SNAP	B	0.47%
BILI	B	0.47%
FLNC	F	0.45%
PI	C	0.45%
CRDO	B	0.44%
OLLI	A	0.43%
GNRC	D	0.42%
SE	B	0.42%
AES	D	0.42%
AGYS	A	0.42%
CGNX	B	0.41%
ONTO	B	0.4%
KTOS	C	0.39%
COHR	B	0.39%
LFUS	C	0.38%
ST	D	0.38%
CLSK	B	0.37%
ORA	C	0.37%
YMM	D	0.37%
RUN	D	0.36%
BZ	D	0.36%
ERJ	D	0.36%
MKSI	B	0.36%
AEIS	B	0.36%
RKLB	C	0.36%
AY	B	0.35%
ALKT	A	0.35%
GTLS	F	0.34%
AMBA	C	0.34%
POWI	F	0.34%
LITE	B	0.33%
APPF	B	0.33%
SMAR	B	0.33%
SPR	B	0.33%
SPSC	C	0.33%
ASX	B	0.33%
GRAB	D	0.32%
NVT	D	0.32%
UMC	B	0.32%
SIMO	B	0.32%
DT	F	0.31%
BMBL	F	0.31%
TCOM	D	0.31%
RIVN	C	0.31%
HXL	D	0.3%
WOLF	F	0.29%
ENPH	F	0.29%
LYFT	D	0.29%
RMBS	C	0.29%
IOT	C	0.29%
SLAB	F	0.28%
TENB	D	0.28%
CYBR	B	0.27%
KLIC	B	0.27%
CLBT	B	0.27%
LI	F	0.27%
GLBE	B	0.26%
LSPD	D	0.26%
MARA	B	0.26%
MNDY	B	0.26%
RNW	C	0.26%
RIOT	D	0.25%
ZI	F	0.25%
BILL	F	0.25%
LPL	C	0.25%
EVTC	F	0.25%
ALB	F	0.23%
VSAT	F	0.23%
FIVN	D	0.22%
PLUG	F	0.22%
OTEX	D	0.21%
FRSH	D	0.21%
NIO	F	0.21%
BRZE	C	0.21%
XPEV	F	0.21%
GLOB	C	0.21%
FLYW	F	0.2%
FROG	C	0.2%
U	F	0.19%
STNE	F	0.19%
SPT	D	0.18%
DLO	F	0.13%
PSNY	F	0.1%

TRFM Underweight 49 Positions Relative to FXL

Symbol	Grade	Weight
PSTG	B	-2.18%
HPE	B	-2.07%
VRT	D	-1.85%
AVT	C	-1.79%
NTAP	A	-1.71%
SWKS	B	-1.7%
GDDY	A	-1.65%
CNXC	C	-1.65%
ARW	D	-1.62%
ON	D	-1.61%
CTSH	C	-1.61%
IPGP	F	-1.6%
IAC	F	-1.53%
PLTR	B	-1.53%
CRUS	A	-1.43%
SNX	D	-1.42%
MANH	B	-1.4%
PEGA	C	-1.29%
DNB	D	-1.26%
SAIC	D	-1.25%
DXC	C	-1.24%
INFA	B	-1.23%
DOX	D	-1.21%
CACI	B	-1.2%
HPQ	B	-1.2%
ORCL	A	-1.17%
MCHP	C	-1.04%
SSNC	B	-1.01%
IT	B	-0.97%
FFIV	C	-0.94%
AKAM	F	-0.86%
GLW	B	-0.82%
APH	B	-0.81%
ADI	B	-0.8%
TXN	B	-0.77%
KBR	D	-0.7%
DBX	D	-0.64%
ZM	D	-0.62%
CDW	D	-0.61%
NCNO	B	-0.58%
MTCH	F	-0.58%
RNG	D	-0.56%
JBL	F	-0.56%
HCP	A	-0.41%
ROP	A	-0.33%
VRSN	D	-0.31%
DLB	C	-0.31%
IBM	B	-0.3%
DOCU	C	-0.29%

TRFM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Semiconductor Equipment & Materials Aerospace & Defense Auto Manufacturers Internet Content & Information Electronic Components Diversified Industrials Scientific & Technical Instruments Communication Equipment Specialty Retail Consumer Electronics Credit Services Data Storage Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Internet Retail Semiconductor Memory

FXL: Top Represented Industries & Keywords

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