XSMO vs. FNK ETF Comparison

Comparison of Invesco S&P SmallCap Momentum ETF (XSMO) to First Trust Mid Cap Value AlphaDEX Fund (FNK)

XSMO

Invesco S&P SmallCap Momentum ETF

XSMO Description

The Invesco S&P SmallCap Momentum ETF (Fund) is based on the S&P Smallcap 600 Momentum Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities 120 securities in the S&P SmallCap 600® Index having the highest “momentum scores,” calculated pursuant to the index methodology. which are computed by measuring the upward price movements of each security as compared to other eligible stocks within the S&P Midcap 600 Index. The Fund and the Index are rebalanced and reconstituted semi-annually.

Grade (RS Rating)

Last Trade

$72.84

Average Daily Volume

359,070

Number of Holdings ^*

111

* 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

$57.37

Average Daily Volume

9,876

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

Performance

Period	XSMO	FNK
30 Days	10.72%	7.85%
60 Days	10.21%	5.62%
90 Days	10.75%	5.60%
12 Months	44.81%	27.99%

16 Overlapping Holdings

Symbol	Grade	Weight in XSMO	Weight in FNK	Overlap
ABCB	B	0.87%	0.32%	0.32%
AEO	F	0.7%	0.35%	0.35%
AGO	B	1.05%	0.84%	0.84%
AMR	C	0.5%	0.74%	0.5%
BCC	B	1.0%	0.58%	0.58%
COOP	B	1.8%	0.61%	0.61%
GPI	A	1.01%	0.61%	0.61%
HCC	B	0.66%	0.76%	0.66%
JXN	C	3.09%	0.8%	0.8%
KFY	B	0.92%	0.29%	0.29%
LBRT	D	0.55%	0.67%	0.55%
MATX	C	1.16%	0.63%	0.63%
MHO	D	0.98%	0.65%	0.65%
MLI	C	3.61%	0.35%	0.35%
RDN	C	1.24%	0.71%	0.71%
TPH	D	0.73%	0.66%	0.66%

XSMO Overweight 95 Positions Relative to FNK

Symbol	Grade	Weight
CRS	A	3.51%
MOG.A	B	2.4%
AWI	A	2.3%
PIPR	B	2.15%
ACIW	B	1.97%
DY	D	1.71%
FSS	B	1.67%
LRN	A	1.62%
RDNT	B	1.41%
AVAV	D	1.38%
GKOS	B	1.37%
SKYW	B	1.33%
AROC	B	1.32%
IBP	D	1.32%
EAT	A	1.31%
BGC	C	1.3%
PJT	A	1.28%
STEP	B	1.24%
GVA	A	1.2%
KTB	B	1.19%
NSIT	F	1.18%
SLG	B	1.17%
CTRE	D	1.16%
BCPC	B	1.14%
MC	C	1.11%
GEO	B	1.08%
HNI	B	1.05%
EPRT	B	1.05%
CALM	A	1.01%
HWKN	B	0.97%
IDCC	A	0.91%
GTES	A	0.89%
VRRM	D	0.89%
ATGE	B	0.87%
GFF	A	0.86%
FBP	B	0.85%
POWL	C	0.82%
AZZ	B	0.82%
IIPR	D	0.81%
NMIH	D	0.81%
AX	A	0.81%
FULT	A	0.78%
PRK	B	0.77%
BRC	D	0.77%
CRVL	A	0.73%
PATK	D	0.67%
SHOO	D	0.67%
SKT	B	0.67%
VIRT	B	0.66%
TDS	B	0.65%
NHC	C	0.64%
MCY	A	0.62%
AKR	B	0.61%
EPAC	B	0.6%
PTGX	C	0.59%
ENVA	B	0.57%
SLVM	B	0.56%
PHIN	A	0.54%
PLMR	B	0.53%
PLUS	F	0.52%
SNEX	B	0.52%
BHE	B	0.5%
STC	B	0.5%
UFPT	B	0.45%
LGND	B	0.45%
WT	B	0.45%
PRDO	B	0.44%
STRA	C	0.44%
OFG	B	0.43%
TRMK	B	0.43%
CXW	B	0.41%
APOG	B	0.39%
TILE	B	0.39%
DFIN	D	0.36%
SPNT	A	0.36%
TNC	D	0.34%
QNST	B	0.34%
STBA	B	0.34%
MLKN	D	0.32%
SCSC	B	0.32%
KLG	C	0.31%
VECO	F	0.29%
CUBI	C	0.29%
EIG	B	0.27%
INVA	D	0.26%
COLL	F	0.24%
CNXN	C	0.22%
CPF	A	0.21%
AORT	B	0.2%
HSII	B	0.18%
HCI	C	0.18%
LPG	F	0.18%
WSR	A	0.14%
HSTM	B	0.14%
SCVL	F	0.14%

XSMO Underweight 207 Positions Relative to FNK

Symbol	Grade	Weight
CNX	A	-0.87%
MTDR	B	-0.86%
OVV	B	-0.85%
NOG	A	-0.84%
SM	B	-0.81%
HP	B	-0.8%
OSK	B	-0.79%
TAP	C	-0.78%
PTEN	C	-0.78%
CMC	B	-0.78%
AL	B	-0.77%
ATKR	C	-0.75%
AMG	B	-0.75%
CIVI	D	-0.74%
PBF	D	-0.73%
PVH	C	-0.72%
CHRD	D	-0.72%
NOV	C	-0.72%
URBN	C	-0.72%
UGI	A	-0.71%
UNM	A	-0.71%
MUR	D	-0.71%
NFE	D	-0.71%
TMHC	B	-0.71%
TEX	D	-0.71%
DINO	D	-0.7%
MTG	C	-0.7%
RNR	C	-0.69%
LAD	A	-0.68%
CADE	B	-0.68%
BWA	D	-0.68%
G	B	-0.66%
DAR	C	-0.66%
RUSHA	C	-0.66%
APA	D	-0.66%
OZK	B	-0.65%
MGY	A	-0.65%
DDS	B	-0.65%
LBRDK	C	-0.65%
R	B	-0.64%
CNO	A	-0.64%
LNC	B	-0.64%
RRC	B	-0.64%
MTH	D	-0.63%
BEN	C	-0.63%
ESNT	D	-0.63%
LEA	D	-0.63%
HOG	D	-0.62%
FMC	D	-0.61%
JAZZ	B	-0.61%
EVRG	A	-0.6%
BKH	A	-0.6%
PNW	B	-0.6%
ADTN	A	-0.6%
SR	A	-0.59%
HRI	B	-0.59%
OTTR	C	-0.59%
NFG	A	-0.59%
GBDC	C	-0.59%
AAP	C	-0.59%
ASO	F	-0.58%
FHN	A	-0.57%
BBWI	D	-0.57%
HST	C	-0.57%
KRC	C	-0.57%
SOLV	C	-0.56%
MOS	F	-0.56%
M	D	-0.56%
AVT	C	-0.56%
WBS	A	-0.56%
POR	C	-0.56%
DXC	B	-0.55%
MDU	D	-0.55%
SUM	B	-0.54%
ZION	B	-0.54%
CNXC	F	-0.53%
SIG	B	-0.53%
KBH	D	-0.52%
WCC	B	-0.52%
FNB	A	-0.51%
ALK	C	-0.51%
OMF	A	-0.51%
COLB	A	-0.51%
CLF	F	-0.51%
UHS	D	-0.5%
ARW	D	-0.5%
SANM	B	-0.49%
VLY	B	-0.49%
GMS	B	-0.48%
AMKR	D	-0.48%
BYD	C	-0.48%
ABG	B	-0.47%
AXS	A	-0.47%
SWX	B	-0.46%
OGE	B	-0.46%
BERY	B	-0.46%
JBL	B	-0.46%
OGS	A	-0.45%
GL	B	-0.45%
WHR	B	-0.45%
INGR	B	-0.44%
RIG	D	-0.44%
NXST	C	-0.43%
PAG	B	-0.43%
THO	B	-0.43%
SNX	C	-0.42%
POST	C	-0.41%
ENS	D	-0.41%
BC	C	-0.41%
LKQ	D	-0.41%
SJM	D	-0.4%
SON	D	-0.4%
AN	C	-0.4%
EMN	D	-0.4%
WU	D	-0.39%
ASH	D	-0.38%
OLN	D	-0.37%
BECN	B	-0.36%
PII	D	-0.35%
WTFC	A	-0.35%
SEIC	B	-0.34%
OGN	D	-0.34%
UBSI	B	-0.33%
CMA	A	-0.33%
HGV	B	-0.33%
PB	A	-0.33%
IDA	A	-0.33%
CRC	B	-0.32%
ACA	A	-0.32%
BOKF	B	-0.32%
HII	D	-0.32%
AIZ	A	-0.32%
VNT	B	-0.32%
AR	B	-0.32%
HWC	B	-0.32%
SLM	A	-0.31%
ORI	A	-0.31%
LPX	B	-0.31%
PNM	F	-0.31%
SLGN	A	-0.3%
KNX	B	-0.3%
CUZ	B	-0.3%
MIDD	C	-0.29%
COLM	B	-0.29%
JWN	C	-0.29%
WTRG	B	-0.29%
CRL	C	-0.28%
MSM	C	-0.28%
AGCO	D	-0.28%
FIVE	F	-0.28%
ALKS	B	-0.28%
UFPI	B	-0.28%
ASGN	F	-0.27%
REYN	D	-0.26%
TKR	D	-0.26%
WPC	D	-0.26%
TNET	D	-0.26%
SKX	D	-0.26%
MMS	F	-0.25%
IPG	D	-0.25%
DIOD	D	-0.24%
UHAL	D	-0.24%
PNFP	B	-0.18%
UMBF	B	-0.17%
EPAM	C	-0.17%
JEF	A	-0.17%
TPR	B	-0.17%
SSB	B	-0.16%
RHI	B	-0.16%
FLR	B	-0.16%
AUB	B	-0.16%
GXO	B	-0.16%
UCB	A	-0.16%
AVNT	B	-0.15%
FELE	B	-0.15%
HSIC	B	-0.15%
WTS	B	-0.15%
SKY	A	-0.15%
PRGO	B	-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%
MUSA	A	-0.15%
PFGC	B	-0.15%
RYN	D	-0.14%
FUL	F	-0.14%
WD	D	-0.14%
TTC	D	-0.14%
MGM	D	-0.14%
BPOP	B	-0.14%
STWD	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	D	-0.13%
LFUS	F	-0.13%
FBIN	D	-0.12%
NSP	D	-0.12%
OPCH	D	-0.1%