AIEQ vs. FNX ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to First Trust Mid Cap Core AlphaDEX (FNX)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.42

Average Daily Volume

8,052

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

FNX

First Trust Mid Cap Core AlphaDEX

FNX 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 Mid 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 MidCap 400(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

$116.84

Average Daily Volume

26,331

Number of Holdings ^*

439

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	FNX
30 Days	1.06%	1.76%
60 Days	1.21%	2.63%
90 Days	2.65%	6.95%
12 Months	21.37%	24.00%

58 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in FNX	Overlap
APP	B	0.81%	0.46%	0.46%
BBWI	F	0.24%	0.1%	0.1%
BC	C	0.1%	0.3%	0.1%
BCC	C	0.17%	0.4%	0.17%
BLD	D	0.49%	0.14%	0.14%
BRX	B	0.17%	0.09%	0.09%
CADE	B	0.09%	0.31%	0.09%
CHK	D	0.51%	0.32%	0.32%
COOP	B	0.04%	0.32%	0.04%
CWST	D	0.09%	0.15%	0.09%
DVA	B	0.8%	0.41%	0.41%
EXP	B	0.3%	0.09%	0.09%
FLO	C	0.09%	0.07%	0.07%
FLS	D	0.23%	0.07%	0.07%
FMC	C	0.82%	0.39%	0.39%
FUL	D	0.11%	0.15%	0.11%
GTLS	F	0.35%	0.06%	0.06%
HOOD	C	0.08%	0.34%	0.08%
IBP	C	0.3%	0.15%	0.15%
ITT	C	0.08%	0.22%	0.08%
JAZZ	D	0.25%	0.29%	0.25%
LAMR	A	0.26%	0.15%	0.15%
LANC	D	0.27%	0.07%	0.07%
LNC	D	0.18%	0.27%	0.18%
LNT	A	0.27%	0.25%	0.25%
LSTR	D	0.13%	0.07%	0.07%
M	F	0.16%	0.17%	0.16%
MAN	C	0.1%	0.07%	0.07%
MEDP	D	0.28%	0.3%	0.28%
MOD	C	0.41%	0.4%	0.4%
MORN	C	0.12%	0.23%	0.12%
MTDR	D	0.24%	0.3%	0.24%
NFG	B	0.04%	0.39%	0.04%
NVST	D	0.25%	0.08%	0.08%
NXST	D	0.01%	0.28%	0.01%
OLLI	C	0.55%	0.36%	0.36%
OSK	D	0.3%	0.26%	0.26%
PII	D	0.38%	0.29%	0.29%
PVH	F	0.42%	0.32%	0.32%
R	B	0.09%	0.32%	0.09%
RYAN	C	0.24%	0.32%	0.24%
SEE	D	0.16%	0.07%	0.07%
SEIC	B	0.13%	0.22%	0.13%
SOFI	C	0.34%	0.08%	0.08%
SON	C	0.31%	0.31%	0.31%
SUM	C	0.09%	0.15%	0.09%
SWX	C	0.0%	0.22%	0.0%
TECH	C	0.33%	0.07%	0.07%
TFX	C	0.58%	0.17%	0.17%
TKR	D	0.14%	0.28%	0.14%
TPL	C	0.28%	0.23%	0.23%
TXRH	D	0.07%	0.34%	0.07%
UBSI	B	0.23%	0.24%	0.23%
WMG	D	0.4%	0.07%	0.07%
WMS	D	0.26%	0.13%	0.13%
WU	D	0.12%	0.21%	0.12%
WYNN	D	0.45%	0.12%	0.12%
XRAY	D	0.4%	0.07%	0.07%

AIEQ Overweight 78 Positions Relative to FNX

Symbol	Grade	Weight
BAC	D	4.25%
PG	C	4.11%
CMCSA	D	3.91%
SPGI	B	3.85%
SCHW	D	3.78%
C	D	3.75%
JPM	D	3.74%
V	B	3.37%
NOW	A	3.32%
NFLX	B	2.53%
NEE	B	2.42%
EOG	D	2.34%
TJX	C	1.89%
URI	B	1.62%
AME	C	1.59%
TTD	B	1.37%
TT	B	1.19%
FIS	B	1.17%
ALL	A	1.1%
HSY	C	1.08%
XYL	D	1.04%
DECK	C	1.01%
ITW	B	0.99%
MCO	A	0.92%
RJF	C	0.92%
MNST	C	0.89%
CME	C	0.87%
PCG	C	0.85%
MCK	F	0.82%
EG	B	0.81%
PCAR	D	0.81%
APD	B	0.79%
LRCX	F	0.78%
WAT	C	0.75%
HAL	F	0.75%
PKG	B	0.74%
NDAQ	B	0.74%
COP	D	0.73%
ADM	D	0.7%
HRL	C	0.67%
EBAY	B	0.63%
CHTR	D	0.62%
W	D	0.61%
OKE	B	0.6%
EQT	D	0.59%
MAS	B	0.56%
OKTA	F	0.56%
SYY	D	0.55%
PSTG	F	0.54%
SQ	D	0.51%
BKR	D	0.45%
BDX	F	0.43%
AMP	B	0.43%
DPZ	F	0.43%
DOX	C	0.43%
INSP	C	0.43%
ALB	F	0.42%
TDG	B	0.42%
SPG	B	0.42%
HPE	D	0.42%
ALNY	B	0.41%
RS	D	0.4%
TRMB	C	0.39%
VST	C	0.37%
ITRI	C	0.34%
ACHC	C	0.33%
NDSN	C	0.33%
GRMN	D	0.29%
BIO	C	0.28%
IRM	B	0.28%
PARA	F	0.26%
CHE	C	0.25%
MSM	D	0.22%
EXAS	C	0.2%
FDS	C	0.19%
TENB	D	0.16%
CMI	C	0.13%
NTRS	B	0.09%

AIEQ Underweight 381 Positions Relative to FNX

Symbol	Grade	Weight
MHO	B	-0.47%
MTH	B	-0.44%
SFM	B	-0.44%
TMHC	B	-0.43%
G	C	-0.43%
MOG.A	B	-0.42%
TPH	C	-0.42%
NTRA	B	-0.42%
HALO	B	-0.42%
HRB	C	-0.42%
GPI	B	-0.42%
RUSHA	C	-0.42%
PSN	B	-0.42%
KBH	B	-0.42%
COKE	C	-0.42%
TTEK	C	-0.41%
RNR	B	-0.41%
MUSA	C	-0.41%
MTG	B	-0.41%
POST	C	-0.4%
RDN	B	-0.4%
INSM	D	-0.4%
ESNT	B	-0.4%
JXN	B	-0.4%
LBRDK	D	-0.4%
FIX	B	-0.4%
TAP	C	-0.39%
AMG	C	-0.39%
LAD	C	-0.39%
FYBR	C	-0.39%
FRPT	B	-0.39%
CVNA	B	-0.39%
ESGR	D	-0.38%
ASO	C	-0.38%
BCO	B	-0.38%
HOG	C	-0.38%
EME	B	-0.38%
AVAV	D	-0.37%
LNTH	C	-0.37%
GWRE	A	-0.36%
GL	C	-0.36%
AGO	C	-0.36%
UHS	B	-0.36%
CASY	D	-0.36%
CUZ	B	-0.36%
TOL	B	-0.36%
IBKR	B	-0.36%
WWD	D	-0.35%
MLI	B	-0.35%
BTU	D	-0.35%
CVLT	B	-0.35%
SIG	C	-0.35%
SEB	C	-0.35%
ENSG	C	-0.35%
MGY	C	-0.34%
DAR	F	-0.34%
ABG	F	-0.34%
PNW	B	-0.34%
VLY	C	-0.34%
WING	B	-0.34%
WTM	F	-0.34%
COLB	B	-0.34%
THC	B	-0.34%
CMC	D	-0.33%
KRC	B	-0.33%
ALSN	B	-0.33%
EVRG	A	-0.33%
AGCO	D	-0.33%
LBRT	D	-0.33%
NOG	D	-0.33%
TEX	D	-0.33%
BKH	B	-0.32%
BMI	B	-0.32%
TW	A	-0.32%
POR	B	-0.32%
KTB	B	-0.32%
OGS	B	-0.32%
BERY	B	-0.32%
ARMK	B	-0.32%
OGE	B	-0.32%
CW	B	-0.32%
SM	D	-0.32%
ATI	C	-0.32%
AL	D	-0.32%
HP	D	-0.31%
ONB	C	-0.31%
CLH	B	-0.31%
TKO	B	-0.31%
UNM	B	-0.31%
GKOS	D	-0.31%
UTHR	C	-0.31%
AAON	B	-0.31%
KD	D	-0.31%
DXC	C	-0.31%
MOS	F	-0.31%
BYD	C	-0.31%
ITGR	B	-0.31%
MUR	D	-0.3%
FSS	D	-0.3%
OVV	D	-0.3%
DINO	D	-0.3%
AIT	C	-0.3%
UFPI	C	-0.3%
GMS	C	-0.3%
THO	D	-0.3%
HII	C	-0.3%
CNXC	D	-0.3%
NOV	D	-0.3%
LNW	B	-0.3%
MATX	C	-0.29%
ALK	C	-0.29%
CHRD	F	-0.29%
SRPT	F	-0.29%
BWA	D	-0.29%
SANM	D	-0.29%
CVI	F	-0.29%
PAG	D	-0.29%
RL	B	-0.29%
WBS	C	-0.29%
APA	F	-0.29%
AN	D	-0.29%
TOST	B	-0.29%
EMN	B	-0.29%
ARW	C	-0.29%
MDU	B	-0.29%
PTEN	F	-0.28%
BFAM	C	-0.28%
H	C	-0.28%
ANF	D	-0.28%
AEO	D	-0.28%
AVT	D	-0.28%
OZK	D	-0.28%
WCC	C	-0.28%
CZR	C	-0.27%
WFRD	F	-0.27%
WAL	B	-0.27%
ABCB	B	-0.26%
SLGN	B	-0.26%
OHI	A	-0.26%
HQY	C	-0.26%
APG	D	-0.26%
SFBS	B	-0.26%
MTSI	D	-0.26%
SSB	B	-0.26%
ADTN	F	-0.26%
LEA	D	-0.26%
DNB	C	-0.26%
VAL	F	-0.26%
APPF	D	-0.26%
PBF	F	-0.25%
URBN	D	-0.25%
SAIC	C	-0.25%
AIZ	B	-0.25%
PNFP	B	-0.25%
RRC	D	-0.25%
NI	B	-0.25%
PB	B	-0.25%
KNF	B	-0.25%
NJR	B	-0.24%
AWI	B	-0.24%
PEGA	C	-0.24%
BOKF	B	-0.24%
VRNS	C	-0.24%
ALLY	F	-0.24%
IDA	B	-0.24%
HOMB	B	-0.24%
CMA	B	-0.24%
CBT	B	-0.24%
MMSI	B	-0.24%
ORI	A	-0.24%
ZION	D	-0.23%
BPMC	D	-0.23%
KNX	C	-0.23%
WTFC	B	-0.23%
MIDD	C	-0.23%
ATKR	F	-0.23%
AYI	B	-0.23%
PRGO	D	-0.23%
DTM	B	-0.23%
EWBC	C	-0.23%
PRI	B	-0.23%
AGNC	A	-0.23%
ATR	B	-0.23%
AXS	B	-0.23%
RYN	C	-0.23%
VRRM	D	-0.22%
FNB	D	-0.22%
CHDN	C	-0.22%
SLM	C	-0.22%
DDS	D	-0.22%
LOPE	D	-0.22%
AXTA	C	-0.22%
XPO	D	-0.22%
GOLF	F	-0.22%
HWC	D	-0.22%
ASGN	D	-0.22%
FCN	C	-0.22%
NRG	C	-0.22%
NYT	C	-0.22%
COLM	B	-0.22%
WTRG	D	-0.22%
BWXT	D	-0.22%
SKX	C	-0.21%
SNX	D	-0.21%
WSM	C	-0.21%
OLED	C	-0.21%
OWL	C	-0.21%
FHN	D	-0.21%
CLF	F	-0.21%
AM	B	-0.21%
ASH	D	-0.2%
ELF	F	-0.2%
VNO	B	-0.2%
IOT	A	-0.2%
OMF	C	-0.2%
WHR	D	-0.2%
ENS	C	-0.2%
HCC	F	-0.19%
GAP	F	-0.19%
IONS	F	-0.19%
ESTC	F	-0.19%
CROX	C	-0.19%
ALTR	C	-0.19%
ONTO	F	-0.19%
OLN	D	-0.19%
HGV	D	-0.19%
BECN	D	-0.19%
SKY	B	-0.19%
HLNE	B	-0.18%
UMBF	B	-0.18%
JLL	B	-0.18%
MKSI	F	-0.18%
EXLS	C	-0.17%
SMAR	B	-0.17%
HAS	B	-0.17%
LPX	B	-0.17%
IPGP	F	-0.17%
JEF	B	-0.17%
RIG	F	-0.17%
EPRT	A	-0.17%
EXEL	B	-0.17%
INGR	A	-0.17%
CRVL	B	-0.17%
FAF	B	-0.17%
EHC	B	-0.16%
RVMD	C	-0.16%
AFG	B	-0.16%
SNV	C	-0.16%
BPOP	C	-0.16%
IAC	C	-0.16%
FOUR	C	-0.16%
CACI	B	-0.16%
DUOL	B	-0.16%
ITCI	D	-0.16%
IRT	B	-0.16%
PFGC	B	-0.16%
EXPO	B	-0.16%
IP	B	-0.16%
TDW	F	-0.16%
USFD	B	-0.16%
AMKR	F	-0.16%
PLNT	A	-0.16%
GPK	B	-0.16%
CPT	B	-0.16%
UDR	B	-0.16%
REYN	C	-0.16%
MAT	C	-0.16%
AXSM	C	-0.16%
MMS	D	-0.15%
NCLH	C	-0.15%
GT	F	-0.15%
UGI	C	-0.15%
BRBR	B	-0.15%
GATX	D	-0.15%
RGA	B	-0.15%
ESAB	C	-0.15%
ORA	C	-0.15%
CRUS	D	-0.15%
ACLS	F	-0.15%
ACA	C	-0.15%
AVNT	B	-0.15%
VOYA	A	-0.15%
HSIC	C	-0.15%
RLI	B	-0.15%
KAI	C	-0.15%
EEFT	D	-0.14%
CACC	D	-0.14%
KWR	D	-0.14%
SIGI	C	-0.14%
LFUS	D	-0.14%
RHI	D	-0.14%
KEX	C	-0.14%
DCI	D	-0.14%
GXO	D	-0.14%
OGN	D	-0.14%
DKS	D	-0.14%
SEM	D	-0.14%
FIZZ	D	-0.13%
OTTR	D	-0.13%
MSA	C	-0.13%
SMPL	D	-0.13%
AR	D	-0.12%
PR	D	-0.12%
CNM	F	-0.12%
INFA	D	-0.12%
GNTX	F	-0.12%
MHK	B	-0.1%
AFRM	C	-0.1%
KRG	B	-0.09%
KNSL	C	-0.09%
CUBE	B	-0.09%
REG	C	-0.09%
FFIV	A	-0.09%
FFIN	B	-0.09%
CCK	A	-0.09%
ADC	C	-0.09%
BOX	B	-0.09%
AAP	F	-0.09%
CFLT	F	-0.09%
TPX	C	-0.08%
KMX	D	-0.08%
CFR	C	-0.08%
MAC	B	-0.08%
STWD	A	-0.08%
S	C	-0.08%
IVZ	C	-0.08%
RBC	C	-0.08%
GNRC	D	-0.08%
NEU	D	-0.08%
BLKB	B	-0.08%
MSGS	B	-0.08%
BXMT	C	-0.08%
EGP	B	-0.08%
CBSH	C	-0.08%
BCPC	C	-0.08%
RRX	C	-0.08%
ALKS	C	-0.08%
ZWS	B	-0.08%
SITE	D	-0.08%
HLI	B	-0.08%
RGLD	B	-0.08%
EVR	B	-0.08%
PCH	C	-0.08%
CIEN	C	-0.08%
NNN	B	-0.08%
GBCI	B	-0.08%
WDFC	B	-0.08%
THG	A	-0.08%
PFSI	B	-0.08%
BJ	D	-0.07%
ESI	D	-0.07%
MSTR	D	-0.07%
HUN	D	-0.07%
TNET	D	-0.07%
ALIT	D	-0.07%
AOS	C	-0.07%
TPR	C	-0.07%
VMI	D	-0.07%
NEOG	C	-0.07%
YETI	D	-0.07%
SF	A	-0.07%
HRI	C	-0.07%
AZEK	C	-0.07%
NSIT	C	-0.07%
CHH	C	-0.07%
FLR	D	-0.07%
AES	C	-0.07%
CR	C	-0.07%
MARA	F	-0.06%
LYFT	D	-0.06%
VNT	D	-0.06%
AEIS	D	-0.06%
SAM	F	-0.06%
HAE	D	-0.06%
SAIA	D	-0.06%
CAR	F	-0.05%
IRTC	F	-0.05%
AMR	F	-0.05%
ALGM	F	-0.05%
CIVI	F	-0.05%
CELH	F	-0.04%