XITK vs. FXL ETF Comparison

Comparison of SPDR FactSet Innovative Technology ETF (XITK) to First Trust Technology AlphaDEX (FXL)

XITK

SPDR FactSet Innovative Technology ETF

XITK Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$177.40

Average Daily Volume

1,574

Number of Holdings ^*

* 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

$151.43

Average Daily Volume

17,215

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	XITK	FXL
30 Days	11.80%	7.01%
60 Days	16.12%	10.63%
90 Days	16.56%	10.92%
12 Months	36.89%	29.05%

30 Overlapping Holdings

Symbol	Grade	Weight in XITK	Weight in FXL	Overlap
AMD	F	0.86%	0.25%	0.25%
APP	B	6.06%	3.39%	3.39%
CNXC	F	0.34%	1.21%	0.34%
CRWD	B	1.13%	0.36%	0.36%
CTSH	B	0.91%	1.63%	0.91%
DDOG	A	0.92%	0.34%	0.34%
DOCU	B	1.29%	1.53%	1.29%
DOX	D	0.8%	1.16%	0.8%
DT	D	0.79%	1.19%	0.79%
DV	C	0.48%	0.71%	0.48%
EPAM	B	0.72%	1.15%	0.72%
FTNT	C	1.44%	1.44%	1.44%
GFS	C	0.65%	1.65%	0.65%
GLOB	B	0.81%	0.68%	0.68%
GTLB	B	0.82%	0.35%	0.35%
HCP	B	1.3%	0.93%	0.93%
KD	B	1.22%	0.36%	0.36%
KLAC	F	0.99%	0.25%	0.25%
META	D	1.38%	1.57%	1.38%
MPWR	F	0.82%	0.74%	0.74%
NVDA	B	2.46%	1.43%	1.43%
ONTO	F	0.94%	0.47%	0.47%
PEGA	B	1.34%	1.88%	1.34%
S	B	0.91%	1.07%	0.91%
SMAR	B	1.01%	1.57%	1.01%
SMCI	F	0.53%	0.26%	0.26%
SSNC	B	1.04%	0.93%	0.93%
TOST	B	2.1%	2.22%	2.1%
TWLO	A	1.09%	1.39%	1.09%
U	C	0.46%	0.49%	0.46%

XITK Overweight 66 Positions Relative to FXL

Symbol	Grade	Weight
QTWO	A	2.05%
SPOT	B	1.92%
PI	D	1.77%
DOCS	C	1.69%
MGNI	B	1.57%
NFLX	A	1.48%
UPST	B	1.46%
PAR	A	1.46%
TTD	B	1.42%
SITM	B	1.41%
DAKT	C	1.39%
Z	A	1.28%
CWAN	B	1.26%
INTA	B	1.26%
MNDY	C	1.22%
IOT	A	1.21%
DUOL	A	1.19%
CYBR	A	1.19%
AGYS	A	1.15%
NCNO	C	1.1%
SEIC	B	1.08%
G	B	1.05%
VEEV	C	1.05%
RBLX	C	1.03%
DOCN	C	0.98%
ARLO	C	0.97%
CHKP	C	0.97%
SQ	A	0.96%
EA	A	0.95%
VRNS	D	0.95%
AEIS	C	0.93%
OLO	A	0.9%
UPWK	B	0.86%
OKTA	C	0.85%
FVRR	B	0.85%
ZS	B	0.84%
APPN	B	0.82%
LSPD	C	0.82%
TENB	C	0.81%
ASGN	F	0.8%
ALIT	C	0.79%
SPSC	D	0.78%
PUBM	C	0.73%
JAMF	F	0.72%
PD	C	0.71%
PINS	F	0.67%
RAMP	B	0.66%
QLYS	B	0.63%
MDB	B	0.61%
IAS	C	0.61%
RIOT	C	0.6%
MXL	C	0.6%
ASAN	B	0.58%
ZIP	D	0.57%
RPD	B	0.57%
ROKU	D	0.57%
CALX	D	0.57%
BRZE	C	0.54%
ZI	D	0.54%
TDC	D	0.54%
PRO	C	0.49%
CLVT	D	0.45%
PATH	C	0.41%
OPEN	F	0.39%
FSLY	D	0.32%
APPS	F	0.18%

XITK Underweight 72 Positions Relative to FXL

Symbol	Grade	Weight
PLTR	B	-2.47%
VRT	B	-1.89%
DASH	B	-1.89%
GWRE	A	-1.66%
HPE	B	-1.62%
DXC	B	-1.62%
PAYC	B	-1.6%
IPGP	D	-1.57%
AVT	C	-1.52%
ON	D	-1.44%
GDDY	A	-1.4%
ZM	C	-1.4%
NOW	A	-1.38%
ARW	D	-1.35%
AMKR	D	-1.32%
SWKS	F	-1.32%
ORCL	A	-1.3%
JBL	C	-1.28%
DNB	B	-1.27%
INTC	C	-1.26%
TYL	B	-1.25%
HPQ	B	-1.21%
MANH	D	-1.18%
AVGO	D	-1.17%
MSTR	B	-1.15%
SNX	D	-1.14%
NTNX	B	-1.12%
PANW	B	-1.08%
RNG	C	-1.08%
DELL	B	-1.06%
AKAM	D	-1.04%
FFIV	B	-1.03%
DBX	B	-1.01%
IT	C	-0.99%
CRUS	D	-0.97%
CACI	D	-0.91%
AAPL	C	-0.91%
QCOM	F	-0.9%
NTAP	C	-0.89%
DLB	B	-0.89%
AMAT	F	-0.86%
SAIC	F	-0.84%
MTCH	D	-0.77%
DAY	B	-0.74%
CRM	B	-0.72%
ADSK	A	-0.66%
APH	A	-0.66%
GOOGL	C	-0.63%
ROP	B	-0.6%
TXN	C	-0.59%
LSCC	D	-0.57%
VRSN	C	-0.57%
IBM	C	-0.56%
KBR	F	-0.55%
IAC	F	-0.52%
MCHP	F	-0.48%
OLED	F	-0.47%
TER	F	-0.47%
PYCR	B	-0.36%
NET	B	-0.34%
WDAY	B	-0.33%
ANSS	B	-0.32%
GEN	B	-0.32%
GLW	B	-0.31%
INFA	D	-0.3%
APPF	B	-0.29%
PSTG	D	-0.29%
MSFT	D	-0.29%
MU	D	-0.28%
ADI	D	-0.27%
ALGM	D	-0.25%
CDW	F	-0.24%

XITK: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Business Services Electronic Components Real Estate Services Semiconductor Equipment & Materials Advertising Agencies Asset Management Capital Markets Communication Equipment Computer Hardware Computer Systems Conglomerates Credit Services Data Storage Electronic Gaming & Multimedia Electronic Gaming & Multimedia

FXL: Top Represented Industries & Keywords

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