VALQ vs. FEX ETF Comparison

Comparison of American Century STOXX U.S. Quality Value ETF (VALQ) to First Trust Large Cap Core AlphaDEX (FEX)

VALQ

American Century STOXX U.S. Quality Value ETF

VALQ Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the iSTOXX® American Century USA Quality Value Index (the underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the underlying index. The underlying index is designed to select securities of large- and mid-capitalization companies that are undervalued or have sustainable income.

Grade (RS Rating)

Last Trade

$63.92

Average Daily Volume

6,261

Number of Holdings ^*

241

* may have additional holdings in another (foreign) market

FEX

First Trust Large Cap Core AlphaDEX

FEX 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 Core 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) 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

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

Performance

Period	VALQ	FEX
30 Days	3.97%	6.62%
60 Days	4.17%	8.07%
90 Days	6.47%	10.60%
12 Months	28.71%	33.47%

107 Overlapping Holdings

Symbol	Grade	Weight in VALQ	Weight in FEX	Overlap
AAPL	C	2.63%	0.17%	0.17%
ADSK	A	0.2%	0.09%	0.09%
AKAM	D	0.07%	0.29%	0.07%
ALL	A	0.09%	0.45%	0.09%
ALLY	C	0.07%	0.34%	0.07%
AMZN	C	2.22%	0.09%	0.09%
APH	A	1.76%	0.09%	0.09%
APP	B	0.27%	0.97%	0.27%
AVGO	D	0.09%	0.24%	0.09%
BBY	D	1.12%	0.22%	0.22%
BK	A	0.1%	0.46%	0.1%
BKNG	A	0.11%	0.3%	0.11%
BRK.A	B	0.09%	0.26%	0.09%
CAG	D	0.08%	0.07%	0.07%
CAT	B	0.2%	0.25%	0.2%
CHTR	C	0.09%	0.3%	0.09%
CI	F	0.66%	0.16%	0.16%
CL	D	1.71%	0.15%	0.15%
CLX	B	1.55%	0.09%	0.09%
CMCSA	B	2.31%	0.44%	0.44%
CNC	D	0.06%	0.33%	0.06%
CPB	D	0.07%	0.15%	0.07%
CSCO	B	0.72%	0.27%	0.27%
CSL	C	0.09%	0.17%	0.09%
CTAS	B	1.84%	0.36%	0.36%
CTSH	B	0.8%	0.42%	0.42%
DGX	A	0.09%	0.35%	0.09%
EBAY	D	1.88%	0.32%	0.32%
ECL	D	0.45%	0.16%	0.16%
EG	C	0.08%	0.4%	0.08%
ELV	F	0.06%	0.2%	0.06%
EME	C	0.13%	0.49%	0.13%
ETN	A	1.87%	0.18%	0.18%
EXPD	D	0.08%	0.08%	0.08%
EXPE	B	0.13%	0.52%	0.13%
FDX	B	0.09%	0.37%	0.09%
FICO	B	0.25%	0.5%	0.25%
FOXA	B	0.1%	0.45%	0.1%
FTNT	C	0.11%	0.3%	0.11%
GDDY	A	0.1%	0.4%	0.1%
GIS	D	0.08%	0.22%	0.08%
GM	B	0.1%	0.53%	0.1%
GOOGL	C	0.62%	0.09%	0.09%
GPC	D	0.93%	0.23%	0.23%
GWW	B	0.32%	0.29%	0.29%
HD	A	1.96%	0.09%	0.09%
HIG	B	0.09%	0.34%	0.09%
HPE	B	0.09%	0.44%	0.09%
HPQ	B	1.72%	0.09%	0.09%
HUBB	B	0.41%	0.18%	0.18%
IBM	C	2.04%	0.32%	0.32%
IQV	D	0.07%	0.07%	0.07%
JNJ	D	0.08%	0.24%	0.08%
KEYS	A	0.09%	0.16%	0.09%
KLAC	D	0.07%	0.07%	0.07%
KMB	D	1.91%	0.08%	0.08%
KO	D	1.66%	0.15%	0.15%
KR	B	0.23%	0.34%	0.23%
L	A	0.09%	0.36%	0.09%
LEN	D	0.17%	0.38%	0.17%
LMT	D	0.09%	0.08%	0.08%
LYB	F	1.14%	0.37%	0.37%
MANH	D	0.09%	0.25%	0.09%
MAS	D	1.21%	0.08%	0.08%
META	D	0.1%	0.33%	0.1%
MO	A	0.56%	0.09%	0.09%
MPC	D	0.21%	0.42%	0.21%
MSI	B	2.23%	0.37%	0.37%
NFLX	A	1.99%	0.3%	0.3%
NTAP	C	0.41%	0.16%	0.16%
NTRS	A	0.1%	0.31%	0.1%
NVR	D	0.08%	0.23%	0.08%
OC	A	1.15%	0.47%	0.47%
OMC	C	0.09%	0.16%	0.09%
OTIS	C	1.03%	0.08%	0.08%
PGR	A	0.09%	0.43%	0.09%
PH	A	0.26%	0.37%	0.26%
PHM	D	0.08%	0.38%	0.08%
PKG	A	0.1%	0.28%	0.1%
PPG	F	0.15%	0.24%	0.15%
PYPL	B	0.8%	0.18%	0.18%
RGA	A	0.09%	0.18%	0.09%
RMD	C	0.09%	0.33%	0.09%
ROST	C	0.15%	0.16%	0.15%
SHW	A	0.33%	0.25%	0.25%
SNA	A	0.11%	0.52%	0.11%
SPG	B	1.76%	0.18%	0.18%
SSNC	B	0.08%	0.25%	0.08%
STLD	B	0.1%	0.47%	0.1%
STT	A	0.09%	0.28%	0.09%
SWKS	F	0.09%	0.36%	0.09%
SYF	B	0.12%	0.54%	0.12%
SYY	B	0.15%	0.16%	0.15%
TGT	F	1.47%	0.34%	0.34%
THC	D	0.1%	0.39%	0.1%
TJX	A	0.17%	0.26%	0.17%
TOL	B	1.07%	0.42%	0.42%
TROW	B	0.09%	0.46%	0.09%
TSN	B	0.08%	0.18%	0.08%
TT	A	0.26%	0.45%	0.26%
TXT	D	0.08%	0.32%	0.08%
UBER	D	1.19%	0.16%	0.16%
UTHR	C	0.14%	0.42%	0.14%
VLO	C	0.08%	0.45%	0.08%
VLTO	D	1.55%	0.23%	0.23%
WSM	B	0.29%	0.07%	0.07%
ZM	B	0.38%	0.29%	0.29%

VALQ Overweight 134 Positions Relative to FEX

Symbol	Grade	Weight
WMT	A	2.19%
INGR	B	1.94%
ABBV	D	1.67%
TXN	C	1.48%
JLL	D	1.45%
PG	A	1.07%
SFM	A	1.02%
TPR	B	0.92%
ITW	B	0.91%
MTD	D	0.88%
LECO	B	0.86%
CAH	B	0.84%
BMY	B	0.82%
SEIC	B	0.76%
DOX	D	0.68%
NVT	B	0.68%
IVZ	B	0.64%
DCI	B	0.61%
ALLE	D	0.55%
HRB	D	0.54%
NYT	C	0.53%
QCOM	F	0.52%
AYI	B	0.51%
FFIV	B	0.51%
REYN	D	0.46%
MTG	C	0.42%
CBT	C	0.41%
G	B	0.39%
DBX	B	0.38%
FLS	B	0.36%
AZEK	A	0.33%
DOCU	A	0.33%
ARW	D	0.32%
AMCR	D	0.31%
SM	B	0.3%
JBL	B	0.29%
NOVT	D	0.29%
QLYS	C	0.28%
MSFT	F	0.26%
FLO	D	0.23%
NEU	C	0.23%
COLM	B	0.21%
BRBR	A	0.2%
ORI	A	0.19%
UHS	D	0.19%
DVA	B	0.19%
JEF	A	0.19%
CRUS	D	0.18%
NSIT	F	0.18%
LAMR	D	0.17%
CR	A	0.17%
DDS	B	0.16%
DPZ	C	0.16%
GAP	C	0.15%
EXEL	B	0.14%
ALSN	B	0.14%
LFUS	F	0.14%
ANF	C	0.14%
WING	D	0.13%
AMKR	D	0.13%
IDXX	F	0.13%
TWLO	A	0.13%
PEGA	A	0.12%
DKS	C	0.12%
MMM	D	0.11%
MLI	C	0.11%
GL	B	0.11%
AXS	A	0.11%
AIT	A	0.11%
GILD	C	0.11%
UNM	A	0.11%
AXTA	A	0.1%
VMI	B	0.1%
TAP	C	0.1%
TXRH	C	0.1%
RHI	B	0.1%
RL	B	0.1%
INCY	C	0.1%
EPAM	C	0.1%
BYD	C	0.1%
EVR	B	0.1%
TRMB	B	0.1%
BWA	D	0.09%
MSM	C	0.09%
TMHC	B	0.09%
DLB	B	0.09%
ADBE	C	0.09%
VRSN	F	0.09%
INFA	D	0.09%
CACI	D	0.09%
COR	B	0.09%
JKHY	D	0.09%
FIZZ	C	0.09%
JAZZ	B	0.09%
BMI	B	0.09%
LDOS	C	0.09%
MCK	B	0.09%
CMC	B	0.09%
EA	A	0.09%
AIZ	A	0.09%
EHC	B	0.09%
OMF	A	0.09%
ALKS	B	0.09%
FIS	C	0.09%
WTS	B	0.09%
USFD	A	0.09%
AMG	B	0.09%
MHK	D	0.08%
COKE	C	0.08%
AMAT	F	0.08%
AN	C	0.08%
KBH	D	0.08%
NXST	C	0.08%
MAT	D	0.08%
EEFT	B	0.08%
POST	C	0.08%
PVH	C	0.08%
SAIC	F	0.08%
BERY	B	0.08%
PARA	C	0.08%
ADTN	A	0.08%
K	A	0.08%
CCK	C	0.08%
TER	D	0.07%
MEDP	D	0.07%
SWK	D	0.07%
SKX	D	0.07%
MMS	F	0.07%
LRCX	F	0.07%
AOS	F	0.07%
TKR	D	0.07%
IGT	F	0.07%
CROX	D	0.06%
QRVO	F	0.05%

VALQ Underweight 266 Positions Relative to FEX

Symbol	Grade	Weight
PLTR	B	-0.7%
UAL	A	-0.67%
AXON	A	-0.64%
RCL	A	-0.55%
DAL	C	-0.53%
VRT	B	-0.52%
VST	B	-0.52%
GS	A	-0.5%
KKR	A	-0.49%
CVNA	B	-0.48%
HWM	A	-0.48%
PCAR	B	-0.48%
PWR	A	-0.47%
EOG	A	-0.47%
CINF	A	-0.47%
WAB	B	-0.46%
TRGP	B	-0.46%
COP	C	-0.46%
CTRA	B	-0.46%
CVX	A	-0.46%
AXP	A	-0.45%
FANG	D	-0.45%
CCL	B	-0.45%
F	C	-0.45%
RS	B	-0.45%
URI	B	-0.44%
HEI	B	-0.44%
BURL	A	-0.44%
SLB	C	-0.44%
T	A	-0.44%
HAL	C	-0.44%
WFC	A	-0.44%
KMI	A	-0.43%
CF	B	-0.43%
NRG	B	-0.43%
XOM	B	-0.43%
OXY	D	-0.42%
DVN	F	-0.42%
CPNG	D	-0.42%
PSX	C	-0.42%
MTB	A	-0.41%
EQT	B	-0.41%
DASH	A	-0.41%
HBAN	A	-0.41%
LYV	A	-0.41%
IRM	D	-0.41%
COF	B	-0.41%
NUE	C	-0.41%
BG	F	-0.4%
IP	B	-0.4%
FI	A	-0.4%
TPL	A	-0.4%
BKR	B	-0.4%
FCNCA	A	-0.4%
LNG	B	-0.4%
ON	D	-0.39%
TMUS	B	-0.39%
RBLX	C	-0.39%
SRE	A	-0.38%
CVS	D	-0.38%
VTRS	A	-0.38%
HOOD	B	-0.38%
CFG	B	-0.38%
ETR	B	-0.38%
PM	B	-0.37%
ORCL	B	-0.37%
C	A	-0.37%
ADM	D	-0.37%
AEE	A	-0.36%
CRBG	B	-0.36%
DHI	D	-0.36%
CNP	B	-0.36%
INTC	D	-0.36%
ATO	A	-0.36%
BRO	B	-0.36%
NI	A	-0.36%
GEN	B	-0.36%
XEL	A	-0.36%
LII	A	-0.35%
HCA	F	-0.35%
COST	B	-0.35%
AIG	B	-0.35%
ZBH	C	-0.35%
VTR	C	-0.34%
CB	C	-0.34%
AFL	B	-0.34%
MS	A	-0.33%
ANET	C	-0.33%
EXC	C	-0.33%
DUK	C	-0.33%
DTE	C	-0.32%
AEP	D	-0.32%
VZ	C	-0.32%
GE	D	-0.32%
ERIE	D	-0.32%
AMP	A	-0.31%
NEE	D	-0.31%
ULTA	F	-0.31%
DG	F	-0.31%
APTV	D	-0.31%
BLDR	D	-0.31%
OKE	A	-0.31%
ED	D	-0.31%
JPM	A	-0.3%
BAC	A	-0.3%
CEG	D	-0.3%
GRMN	B	-0.3%
NOW	A	-0.29%
ALNY	D	-0.29%
RF	A	-0.29%
BAH	F	-0.29%
NVDA	C	-0.29%
ACGL	D	-0.29%
LUV	C	-0.28%
FITB	A	-0.28%
USB	A	-0.28%
TRV	B	-0.28%
FSLR	F	-0.27%
PCG	A	-0.27%
TDY	B	-0.27%
JBHT	C	-0.27%
TTD	B	-0.27%
WELL	A	-0.27%
CASY	A	-0.27%
BSX	B	-0.27%
HLT	A	-0.27%
ISRG	A	-0.27%
CSX	B	-0.26%
LNT	A	-0.26%
PPL	B	-0.26%
TYL	B	-0.26%
WEC	A	-0.26%
EIX	B	-0.25%
DE	A	-0.25%
CMS	C	-0.25%
SPGI	C	-0.25%
ICE	C	-0.25%
MCO	B	-0.25%
D	C	-0.25%
EQR	B	-0.25%
PEG	A	-0.25%
PSA	D	-0.24%
HRL	D	-0.24%
RJF	A	-0.23%
CE	F	-0.23%
CARR	D	-0.23%
HUM	C	-0.22%
TSLA	B	-0.22%
APO	B	-0.22%
TDG	D	-0.22%
KHC	F	-0.22%
STX	D	-0.22%
DOW	F	-0.21%
BIIB	F	-0.21%
KDP	D	-0.21%
EFX	F	-0.21%
CPAY	A	-0.2%
DIS	B	-0.2%
NDAQ	A	-0.19%
APD	A	-0.19%
DECK	A	-0.19%
PNC	B	-0.19%
CMI	A	-0.19%
MSTR	C	-0.19%
DELL	C	-0.19%
KEY	B	-0.19%
IR	B	-0.18%
AJG	B	-0.18%
BR	A	-0.18%
IEX	B	-0.18%
PRU	A	-0.18%
LH	C	-0.18%
WSO	A	-0.18%
J	F	-0.18%
WRB	A	-0.18%
NWSA	B	-0.18%
KIM	A	-0.18%
LVS	C	-0.17%
SO	D	-0.17%
FNF	B	-0.17%
UPS	C	-0.17%
MAA	B	-0.17%
DRI	B	-0.17%
PFG	D	-0.17%
LHX	C	-0.17%
IT	C	-0.17%
WY	D	-0.16%
DD	D	-0.16%
AWK	D	-0.16%
FE	C	-0.16%
FTV	C	-0.16%
GD	F	-0.16%
TSCO	D	-0.16%
HOLX	D	-0.16%
CTVA	C	-0.16%
MDT	D	-0.16%
MDLZ	F	-0.15%
ARE	D	-0.15%
HSY	F	-0.15%
O	D	-0.15%
XYL	D	-0.15%
DOC	D	-0.15%
COIN	C	-0.15%
EXR	D	-0.15%
LLY	F	-0.14%
WLK	D	-0.14%
NKE	D	-0.14%
MOH	F	-0.14%
AMT	D	-0.14%
WMB	A	-0.11%
MPWR	F	-0.11%
RPM	A	-0.1%
PANW	C	-0.1%
MAR	B	-0.1%
EMR	A	-0.1%
CBOE	B	-0.09%
MET	A	-0.09%
AVB	B	-0.09%
MSCI	C	-0.09%
CMG	B	-0.09%
WST	C	-0.09%
ESS	B	-0.09%
EQIX	A	-0.09%
ABT	B	-0.09%
SBUX	A	-0.09%
RSG	A	-0.09%
DOV	A	-0.09%
NSC	B	-0.09%
MA	C	-0.09%
ORLY	B	-0.09%
PAYX	C	-0.09%
ARES	A	-0.09%
ODFL	B	-0.09%
JCI	C	-0.09%
SYK	C	-0.09%
MKL	A	-0.09%
AON	A	-0.09%
BLK	C	-0.09%
RIVN	F	-0.08%
AVY	D	-0.08%
ZTS	D	-0.08%
MKC	D	-0.08%
SBAC	D	-0.08%
NOC	D	-0.08%
BDX	F	-0.08%
PEP	F	-0.08%
MU	D	-0.08%
MCD	D	-0.08%
VICI	C	-0.08%
POOL	C	-0.08%
GLPI	C	-0.08%
NDSN	B	-0.08%
WAT	B	-0.08%
ROL	B	-0.08%
ACN	C	-0.08%
MMC	B	-0.08%
LOW	D	-0.08%
AZO	C	-0.08%
VRTX	F	-0.08%
TMO	F	-0.07%
RVTY	F	-0.07%
BLD	D	-0.07%
AMGN	D	-0.07%
FCX	D	-0.07%
GEHC	F	-0.07%
CCI	D	-0.07%