XMVM vs. FNK ETF Comparison

Comparison of Invesco S&P MidCap Value with Momentum ETF (XMVM) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

XMVM

Invesco S&P MidCap Value with Momentum ETF

XMVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P MidCap 400 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 80 stocks in the S&P MidCap 400® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$59.93

Average Daily Volume

15,466

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK Description

The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid 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 MidCap 400(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

$56.37

Average Daily Volume

10,011

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	XMVM	FNK
30 Days	7.00%	4.67%
60 Days	8.35%	4.34%
90 Days	7.73%	3.76%
12 Months	31.69%	25.77%

52 Overlapping Holdings

Symbol	Grade	Weight in XMVM	Weight in FNK	Overlap
AMG	B	1.17%	0.75%	0.75%
AMKR	D	0.5%	0.48%	0.48%
AN	C	1.62%	0.4%	0.4%
ARW	D	1.69%	0.5%	0.5%
ASGN	F	0.69%	0.27%	0.27%
AVT	C	2.12%	0.56%	0.56%
CADE	B	1.52%	0.68%	0.68%
CHRD	D	0.78%	0.72%	0.72%
CIVI	D	0.91%	0.74%	0.74%
CMC	B	1.33%	0.78%	0.78%
CNO	B	1.88%	0.64%	0.64%
CNX	A	2.02%	0.87%	0.87%
DINO	D	1.6%	0.7%	0.7%
ENS	F	0.61%	0.41%	0.41%
ESNT	F	1.06%	0.63%	0.63%
FLR	B	0.97%	0.16%	0.16%
FNB	A	1.54%	0.51%	0.51%
HWC	B	1.37%	0.32%	0.32%
INGR	C	1.17%	0.44%	0.44%
JEF	A	1.4%	0.17%	0.17%
KBH	D	1.34%	0.52%	0.52%
LAD	A	3.08%	0.68%	0.68%
MTDR	B	0.92%	0.86%	0.86%
MTG	C	1.33%	0.7%	0.7%
MUR	D	0.81%	0.71%	0.71%
MUSA	B	0.86%	0.15%	0.15%
ORI	A	1.25%	0.31%	0.31%
OSK	C	1.07%	0.79%	0.79%
OVV	B	1.15%	0.85%	0.85%
OZK	B	1.64%	0.65%	0.65%
PAG	B	1.54%	0.43%	0.43%
PBF	D	1.68%	0.73%	0.73%
PFGC	B	1.75%	0.15%	0.15%
PNFP	B	1.66%	0.18%	0.18%
POST	C	0.93%	0.41%	0.41%
PVH	C	1.04%	0.72%	0.72%
R	B	1.6%	0.64%	0.64%
SLM	A	1.09%	0.31%	0.31%
SNX	D	1.51%	0.42%	0.42%
STWD	C	0.98%	0.14%	0.14%
SWX	B	0.78%	0.46%	0.46%
TEX	F	1.07%	0.71%	0.71%
THO	B	1.3%	0.43%	0.43%
TKR	D	0.62%	0.26%	0.26%
TMHC	C	1.69%	0.71%	0.71%
UFPI	C	0.87%	0.28%	0.28%
UMBF	B	1.45%	0.17%	0.17%
UNM	A	2.1%	0.71%	0.71%
WBS	A	1.8%	0.56%	0.56%
WTFC	A	1.41%	0.35%	0.35%
WU	F	0.7%	0.39%	0.39%
ZION	B	1.44%	0.54%	0.54%

XMVM Overweight 27 Positions Relative to FNK

Symbol	Grade	Weight
GHC	B	1.86%
ONB	C	1.64%
X	B	1.63%
TCBI	C	1.43%
PPC	C	1.43%
JLL	D	1.38%
ASB	B	1.35%
THC	D	1.34%
EWBC	A	1.34%
USFD	A	1.33%
JHG	B	1.3%
TOL	B	1.27%
IBOC	B	1.26%
ARMK	B	1.25%
RGA	A	1.17%
VNO	C	1.16%
PK	C	0.99%
SF	B	0.98%
FNF	B	0.98%
DTM	A	0.97%
TNL	A	0.94%
ALLY	C	0.91%
PR	B	0.86%
RS	B	0.86%
SAIC	F	0.73%
VSH	F	0.67%
GAP	C	0.55%

XMVM Underweight 171 Positions Relative to FNK

Symbol	Grade	Weight
AGO	B	-0.84%
NOG	B	-0.84%
SM	B	-0.81%
JXN	C	-0.8%
HP	C	-0.8%
TAP	C	-0.78%
PTEN	C	-0.78%
AL	B	-0.77%
HCC	B	-0.76%
ATKR	D	-0.75%
AMR	C	-0.74%
NOV	C	-0.72%
URBN	C	-0.72%
UGI	C	-0.71%
NFE	D	-0.71%
RDN	D	-0.71%
RNR	C	-0.69%
BWA	D	-0.68%
LBRT	D	-0.67%
G	B	-0.66%
DAR	C	-0.66%
RUSHA	C	-0.66%
TPH	D	-0.66%
APA	D	-0.66%
MGY	A	-0.65%
DDS	B	-0.65%
MHO	D	-0.65%
LBRDK	C	-0.65%
LNC	C	-0.64%
RRC	B	-0.64%
MTH	D	-0.63%
MATX	C	-0.63%
BEN	C	-0.63%
LEA	F	-0.63%
HOG	D	-0.62%
FMC	D	-0.61%
GPI	B	-0.61%
JAZZ	B	-0.61%
COOP	B	-0.61%
EVRG	A	-0.6%
BKH	A	-0.6%
PNW	A	-0.6%
ADTN	A	-0.6%
SR	A	-0.59%
HRI	C	-0.59%
OTTR	C	-0.59%
NFG	A	-0.59%
GBDC	D	-0.59%
AAP	D	-0.59%
ASO	F	-0.58%
BCC	B	-0.58%
FHN	A	-0.57%
BBWI	C	-0.57%
HST	C	-0.57%
KRC	B	-0.57%
SOLV	D	-0.56%
MOS	F	-0.56%
M	F	-0.56%
POR	C	-0.56%
DXC	B	-0.55%
MDU	D	-0.55%
SUM	B	-0.54%
CNXC	F	-0.53%
SIG	B	-0.53%
WCC	B	-0.52%
ALK	B	-0.51%
OMF	A	-0.51%
COLB	B	-0.51%
CLF	F	-0.51%
UHS	D	-0.5%
SANM	B	-0.49%
VLY	B	-0.49%
GMS	B	-0.48%
BYD	B	-0.48%
ABG	C	-0.47%
AXS	A	-0.47%
OGE	A	-0.46%
BERY	C	-0.46%
JBL	C	-0.46%
OGS	A	-0.45%
GL	C	-0.45%
WHR	B	-0.45%
RIG	D	-0.44%
NXST	C	-0.43%
BC	C	-0.41%
LKQ	F	-0.41%
SJM	D	-0.4%
SON	F	-0.4%
EMN	C	-0.4%
ASH	F	-0.38%
OLN	F	-0.37%
BECN	B	-0.36%
AEO	F	-0.35%
PII	F	-0.35%
MLI	B	-0.35%
SEIC	B	-0.34%
OGN	F	-0.34%
UBSI	B	-0.33%
CMA	B	-0.33%
HGV	C	-0.33%
PB	B	-0.33%
IDA	A	-0.33%
CRC	A	-0.32%
ACA	A	-0.32%
BOKF	B	-0.32%
ABCB	B	-0.32%
HII	F	-0.32%
AIZ	A	-0.32%
VNT	C	-0.32%
AR	B	-0.32%
LPX	B	-0.31%
PNM	B	-0.31%
SLGN	A	-0.3%
KNX	C	-0.3%
CUZ	B	-0.3%
MIDD	C	-0.29%
COLM	C	-0.29%
JWN	D	-0.29%
KFY	B	-0.29%
WTRG	B	-0.29%
CRL	D	-0.28%
MSM	C	-0.28%
AGCO	D	-0.28%
FIVE	F	-0.28%
ALKS	C	-0.28%
REYN	D	-0.26%
WPC	C	-0.26%
TNET	F	-0.26%
SKX	D	-0.26%
MMS	F	-0.25%
IPG	D	-0.25%
DIOD	D	-0.24%
UHAL	D	-0.24%
EPAM	B	-0.17%
TPR	B	-0.17%
SSB	B	-0.16%
RHI	C	-0.16%
AUB	B	-0.16%
GXO	B	-0.16%
UCB	A	-0.16%
AVNT	B	-0.15%
FELE	B	-0.15%
HSIC	C	-0.15%
WTS	B	-0.15%
SKY	A	-0.15%
PRGO	C	-0.15%
NJR	A	-0.15%
VOYA	B	-0.15%
WAL	B	-0.15%
ALIT	C	-0.15%
AFG	A	-0.15%
DNB	B	-0.15%
SEM	B	-0.15%
BJ	A	-0.15%
RYN	D	-0.14%
FUL	F	-0.14%
WD	D	-0.14%
TTC	C	-0.14%
MGM	D	-0.14%
BPOP	C	-0.14%
SEE	C	-0.14%
MAT	D	-0.14%
LSTR	D	-0.14%
FAF	A	-0.14%
IVZ	B	-0.14%
CZR	F	-0.13%
IAC	F	-0.13%
LFUS	D	-0.13%
FBIN	D	-0.12%
NSP	F	-0.12%
OPCH	D	-0.1%