AIEQ vs. FXH ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to First Trust Health Care AlphaDEX (FXH)

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

$37.44

Average Daily Volume

8,163

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

FXH

First Trust Health Care AlphaDEX

FXH 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) Health Care 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 health care 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

$113.50

Average Daily Volume

18,203

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	FXH
30 Days	2.92%	1.47%
60 Days	2.51%	6.55%
90 Days	3.94%	7.56%
12 Months	23.21%	13.84%

11 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in FXH	Overlap
ALNY	C	0.41%	2.24%	0.41%
BDX	D	0.43%	0.84%	0.43%
BIO	C	0.28%	0.46%	0.28%
CHE	C	0.25%	1.23%	0.25%
DVA	B	0.8%	2.37%	0.8%
JAZZ	D	0.25%	2.07%	0.25%
MEDP	F	0.28%	1.74%	0.28%
NVST	D	0.25%	0.44%	0.25%
TECH	C	0.33%	0.4%	0.33%
TFX	C	0.58%	1.35%	0.58%
XRAY	D	0.4%	0.4%	0.4%

AIEQ Overweight 125 Positions Relative to FXH

Symbol	Grade	Weight
BAC	D	4.25%
PG	C	4.11%
CMCSA	D	3.91%
SPGI	B	3.85%
SCHW	D	3.78%
C	C	3.75%
JPM	D	3.74%
V	C	3.37%
NOW	B	3.32%
NFLX	B	2.53%
NEE	C	2.42%
EOG	D	2.34%
TJX	B	1.89%
URI	B	1.62%
AME	C	1.59%
TTD	B	1.37%
TT	B	1.19%
FIS	B	1.17%
ALL	B	1.1%
HSY	C	1.08%
XYL	C	1.04%
DECK	C	1.01%
ITW	C	0.99%
MCO	B	0.92%
RJF	C	0.92%
MNST	D	0.89%
CME	C	0.87%
PCG	C	0.85%
MCK	F	0.82%
FMC	C	0.82%
APP	C	0.81%
EG	C	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	A	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%
OLLI	C	0.55%
PSTG	F	0.54%
SQ	D	0.51%
CHK	D	0.51%
BLD	D	0.49%
WYNN	D	0.45%
BKR	C	0.45%
AMP	A	0.43%
DPZ	F	0.43%
DOX	C	0.43%
INSP	C	0.43%
ALB	D	0.42%
PVH	F	0.42%
TDG	B	0.42%
SPG	B	0.42%
HPE	D	0.42%
MOD	A	0.41%
WMG	D	0.4%
RS	D	0.4%
TRMB	C	0.39%
PII	D	0.38%
VST	C	0.37%
GTLS	F	0.35%
SOFI	C	0.34%
ITRI	C	0.34%
ACHC	C	0.33%
NDSN	C	0.33%
SON	C	0.31%
EXP	B	0.3%
IBP	D	0.3%
OSK	F	0.3%
GRMN	D	0.29%
TPL	B	0.28%
IRM	C	0.28%
LANC	D	0.27%
LNT	B	0.27%
PARA	F	0.26%
WMS	D	0.26%
LAMR	B	0.26%
RYAN	D	0.24%
MTDR	F	0.24%
BBWI	F	0.24%
FLS	D	0.23%
UBSI	B	0.23%
MSM	D	0.22%
EXAS	C	0.2%
FDS	C	0.19%
LNC	D	0.18%
BRX	B	0.17%
BCC	B	0.17%
M	F	0.16%
TENB	F	0.16%
SEE	D	0.16%
TKR	D	0.14%
CMI	C	0.13%
SEIC	C	0.13%
LSTR	D	0.13%
WU	F	0.12%
MORN	C	0.12%
FUL	C	0.11%
MAN	C	0.1%
BC	C	0.1%
R	A	0.09%
NTRS	A	0.09%
FLO	C	0.09%
SUM	D	0.09%
CWST	D	0.09%
CADE	C	0.09%
ITT	B	0.08%
HOOD	C	0.08%
TXRH	C	0.07%
NFG	B	0.04%
COOP	C	0.04%
NXST	D	0.01%
SWX	C	0.0%

AIEQ Underweight 62 Positions Relative to FXH

Symbol	Grade	Weight
UHS	B	-2.6%
THC	A	-2.47%
NTRA	C	-2.4%
CNC	D	-2.35%
VTRS	D	-2.3%
UTHR	C	-2.23%
PINC	C	-2.2%
LLY	C	-2.15%
ELV	C	-2.1%
HCA	B	-2.03%
EXEL	C	-1.95%
UNH	C	-1.92%
DGX	B	-1.88%
ISRG	B	-1.85%
REGN	C	-1.84%
CI	C	-1.82%
AMGN	B	-1.76%
PRGO	D	-1.76%
RPRX	C	-1.74%
INCY	C	-1.74%
VRTX	D	-1.7%
SRPT	D	-1.65%
OGN	D	-1.63%
ZBH	F	-1.61%
NBIX	F	-1.47%
MOH	D	-1.39%
CAH	C	-1.34%
MDT	C	-1.34%
JNJ	C	-1.32%
QGEN	C	-1.3%
EHC	C	-1.26%
SYK	C	-1.26%
HSIC	C	-1.24%
BRKR	D	-1.19%
DOCS	B	-1.14%
ENOV	D	-1.12%
CRL	F	-1.1%
RMD	C	-1.09%
HUM	F	-1.02%
IONS	F	-1.01%
BIIB	F	-1.0%
BAX	C	-0.98%
PODD	B	-0.95%
ABT	C	-0.94%
IQV	C	-0.94%
GEHC	C	-0.93%
ITCI	D	-0.91%
HOLX	B	-0.9%
A	C	-0.88%
MRK	D	-0.77%
EW	F	-0.61%
AVTR	B	-0.49%
STE	C	-0.44%
RCM	C	-0.44%
ABBV	C	-0.44%
DHR	B	-0.43%
ZTS	C	-0.43%
TMO	B	-0.43%
PFE	C	-0.41%
GMED	D	-0.4%
ALGN	D	-0.37%
WST	D	-0.35%