FAB vs. FVAL ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Fidelity Value Factor ETF (FVAL)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB 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 Multi 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 Composite 1500(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

$84.75

Average Daily Volume

5,598

Number of Holdings ^*

660

* may have additional holdings in another (foreign) market

FVAL

Fidelity Value Factor ETF

FVAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Value Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.

Grade (RS Rating)

Last Trade

$60.28

Average Daily Volume

55,600

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	FAB	FVAL
30 Days	1.64%	0.48%
60 Days	1.49%	1.20%
90 Days	7.33%	3.50%
12 Months	19.63%	21.61%

76 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in FVAL	Overlap
ADM	D	0.43%	0.41%	0.41%
AEP	B	0.41%	0.3%	0.3%
AGCO	D	0.2%	0.39%	0.2%
ARE	B	0.18%	0.2%	0.18%
ATKR	F	0.11%	0.26%	0.11%
BAC	D	0.25%	0.99%	0.25%
BG	D	0.4%	0.36%	0.36%
BRK.A	C	0.49%	2.08%	0.49%
C	D	0.23%	0.66%	0.23%
CBRE	A	0.11%	0.22%	0.11%
CF	B	0.46%	0.17%	0.17%
CI	C	0.09%	0.96%	0.09%
CLF	F	0.16%	0.12%	0.12%
CMCSA	D	0.44%	0.59%	0.44%
CMI	C	0.09%	0.46%	0.09%
CNC	C	0.4%	0.75%	0.4%
COF	C	0.35%	0.57%	0.35%
COP	D	0.39%	0.39%	0.39%
CTSH	C	0.39%	0.8%	0.39%
CVS	D	0.43%	0.81%	0.43%
CVX	D	0.39%	0.62%	0.39%
DE	B	0.27%	0.62%	0.27%
DOW	D	0.17%	0.2%	0.17%
DUK	C	0.3%	0.37%	0.3%
DVN	F	0.37%	0.19%	0.19%
EBAY	B	0.41%	0.56%	0.41%
EG	B	0.44%	0.54%	0.44%
ELV	C	0.09%	0.97%	0.09%
EOG	D	0.41%	0.29%	0.29%
EXC	B	0.51%	0.28%	0.28%
F	D	0.37%	0.52%	0.37%
FDX	C	0.24%	0.49%	0.24%
G	C	0.21%	0.45%	0.21%
GM	B	0.44%	0.57%	0.44%
HPE	D	0.35%	0.69%	0.35%
INTC	F	0.16%	0.65%	0.16%
JLL	B	0.05%	0.17%	0.05%
JNJ	B	0.2%	1.49%	0.2%
JXN	B	0.24%	0.49%	0.24%
KMB	D	0.09%	0.46%	0.09%
KR	B	0.28%	0.43%	0.28%
KVUE	B	0.11%	0.53%	0.11%
LMT	C	0.21%	0.63%	0.21%
LYB	F	0.34%	0.18%	0.18%
M	F	0.1%	0.4%	0.1%
MOS	F	0.19%	0.14%	0.14%
MPC	D	0.41%	0.27%	0.27%
MUR	D	0.18%	0.15%	0.15%
NEE	B	0.21%	0.54%	0.21%
NFG	B	0.19%	0.2%	0.19%
NRG	C	0.13%	0.24%	0.13%
NUE	F	0.39%	0.19%	0.19%
OC	C	0.33%	0.37%	0.33%
OZK	D	0.17%	0.46%	0.17%
PARA	F	0.04%	0.29%	0.04%
PCG	C	0.4%	0.28%	0.28%
PRU	C	0.08%	0.54%	0.08%
QCOM	D	0.07%	1.1%	0.07%
RHI	D	0.04%	0.4%	0.04%
RNR	B	0.25%	0.57%	0.25%
STLD	D	0.37%	0.15%	0.15%
SWKS	F	0.24%	0.72%	0.24%
SYF	C	0.43%	0.51%	0.43%
T	B	0.5%	0.63%	0.5%
TGT	C	0.18%	0.5%	0.18%
TRV	B	0.2%	0.65%	0.2%
UAL	B	0.45%	0.48%	0.45%
UGI	C	0.09%	0.19%	0.09%
UPS	D	0.16%	0.55%	0.16%
VLO	D	0.38%	0.22%	0.22%
VZ	B	0.37%	0.68%	0.37%
WFC	D	0.3%	0.81%	0.3%
WMT	B	0.1%	1.08%	0.1%
WPC	B	0.29%	0.19%	0.19%
XOM	D	0.34%	1.12%	0.34%
ZM	C	0.29%	0.86%	0.29%

FAB Overweight 584 Positions Relative to FVAL

Symbol	Grade	Weight
DHI	B	0.59%
LEN	B	0.53%
ETR	A	0.51%
GPN	D	0.5%
FOXA	B	0.5%
CINF	B	0.5%
ACGL	B	0.48%
MKL	C	0.43%
APTV	D	0.42%
XEL	A	0.42%
ATO	B	0.41%
ED	C	0.41%
AEE	B	0.41%
CB	B	0.4%
HIG	A	0.4%
CFG	D	0.39%
VTRS	C	0.39%
EQT	D	0.39%
CE	D	0.39%
PSX	D	0.39%
CAG	B	0.39%
UHAL	B	0.39%
HBAN	B	0.38%
SJM	C	0.38%
KHC	C	0.38%
MTB	B	0.38%
L	B	0.37%
IPG	C	0.37%
KMI	A	0.37%
SNA	B	0.37%
FANG	D	0.37%
CTRA	F	0.37%
LNG	D	0.36%
WBD	D	0.36%
AIG	D	0.35%
OXY	F	0.35%
RS	D	0.34%
LKQ	D	0.33%
TROW	D	0.32%
BEN	F	0.31%
AFL	B	0.31%
WEC	B	0.31%
GIS	B	0.3%
BBY	B	0.3%
CMS	A	0.3%
D	C	0.3%
EIX	C	0.3%
STT	A	0.29%
EQR	B	0.29%
DTE	B	0.29%
FITB	B	0.29%
DGX	B	0.29%
CHTR	D	0.29%
HAL	F	0.29%
FE	C	0.29%
SRE	B	0.28%
RF	B	0.28%
MHO	B	0.28%
TDY	C	0.28%
USB	B	0.28%
INCY	C	0.27%
JBHT	D	0.27%
LUV	C	0.26%
TXT	D	0.26%
MTH	B	0.26%
TEL	D	0.25%
MTG	B	0.25%
ZBH	F	0.25%
GPI	B	0.25%
RUSHA	C	0.25%
KBH	B	0.25%
TMHC	B	0.25%
FYBR	C	0.24%
RDN	B	0.24%
ESNT	B	0.24%
LBRDK	D	0.24%
CRBG	D	0.24%
BKR	D	0.24%
JBL	D	0.24%
ESGR	D	0.23%
CNXC	D	0.23%
ASO	C	0.23%
CNP	C	0.23%
HOG	C	0.23%
TAP	C	0.23%
LAD	C	0.23%
AMG	C	0.23%
FMC	C	0.23%
AGO	C	0.22%
UHS	B	0.22%
THC	B	0.21%
SSNC	B	0.21%
MOH	C	0.21%
BTU	D	0.21%
SIG	C	0.21%
FNF	A	0.21%
SEB	C	0.21%
PYPL	B	0.21%
KIM	B	0.21%
HCA	B	0.21%
KRC	B	0.2%
EVRG	A	0.2%
LBRT	D	0.2%
PEG	B	0.2%
NOG	D	0.2%
KEY	B	0.2%
TPH	C	0.2%
TEX	D	0.2%
PKG	B	0.2%
PNC	B	0.2%
LOW	B	0.2%
MDT	C	0.2%
DAR	F	0.2%
PNW	B	0.2%
VLY	C	0.2%
WTM	F	0.2%
COLB	B	0.2%
CADE	B	0.19%
DXC	C	0.19%
BYD	C	0.19%
EPAM	D	0.19%
BKH	B	0.19%
HSY	C	0.19%
R	B	0.19%
POR	B	0.19%
APD	B	0.19%
CHK	D	0.19%
PVH	F	0.19%
COOP	B	0.19%
BCC	C	0.19%
OMC	A	0.19%
OGS	B	0.19%
CPB	B	0.19%
WRB	C	0.19%
WY	C	0.19%
SM	D	0.19%
AL	D	0.19%
KDP	A	0.19%
OKE	B	0.19%
ARW	C	0.18%
MDU	B	0.18%
OVV	D	0.18%
DINO	D	0.18%
MTDR	D	0.18%
GMS	C	0.18%
DOV	B	0.18%
HRL	C	0.18%
NOV	D	0.18%
CSCO	B	0.18%
HP	D	0.18%
GS	D	0.18%
UNM	B	0.18%
PTEN	F	0.17%
HPQ	D	0.17%
AVT	D	0.17%
OGN	D	0.17%
MATX	C	0.17%
BWA	D	0.17%
CVI	F	0.17%
GPC	D	0.17%
WBS	C	0.17%
MS	D	0.17%
AN	D	0.17%
PPG	C	0.17%
MLI	B	0.16%
OSK	D	0.16%
CMC	D	0.16%
ADTN	F	0.16%
LEA	D	0.16%
MGY	C	0.16%
GL	C	0.16%
ABG	F	0.16%
PRG	B	0.16%
WAL	B	0.16%
LNC	D	0.16%
CUZ	B	0.16%
OGE	B	0.15%
NMIH	B	0.15%
PBF	F	0.15%
URBN	D	0.15%
INVA	B	0.15%
PNFP	B	0.15%
CCS	B	0.15%
NI	B	0.15%
HE	F	0.15%
KNX	C	0.14%
WTFC	B	0.14%
BC	C	0.14%
AVA	B	0.14%
NWN	B	0.14%
UFPI	C	0.14%
HII	C	0.14%
THO	D	0.14%
UAA	C	0.14%
CHRD	F	0.14%
ONB	C	0.14%
NWE	A	0.14%
EIG	B	0.14%
EWBC	C	0.14%
SON	C	0.14%
CNX	A	0.14%
UTHR	C	0.14%
AGNC	A	0.14%
APA	F	0.14%
AXS	B	0.14%
EBC	B	0.14%
ALLY	F	0.14%
PHIN	B	0.14%
BNL	B	0.14%
BZH	B	0.14%
BERY	B	0.14%
NXST	D	0.13%
AEO	D	0.13%
HPP	D	0.13%
WU	D	0.13%
VAL	F	0.13%
WCC	C	0.13%
FHN	D	0.13%
TKR	D	0.13%
GDEN	D	0.13%
ALK	C	0.13%
SANM	D	0.13%
PII	D	0.13%
JAZZ	D	0.13%
FNB	D	0.13%
PAG	D	0.13%
GEF	D	0.13%
IMKTA	D	0.13%
SPB	B	0.13%
UVV	D	0.13%
EMN	B	0.13%
GHC	C	0.13%
SR	B	0.13%
ATSG	D	0.13%
WMK	C	0.13%
LZB	C	0.13%
OLN	D	0.12%
RYI	F	0.12%
SBH	B	0.12%
INDB	C	0.12%
RC	D	0.12%
RLJ	D	0.12%
ASH	D	0.12%
AAT	B	0.12%
CNO	B	0.12%
FCF	C	0.12%
BKU	C	0.12%
OMF	C	0.12%
K	A	0.12%
CZR	C	0.12%
LGIH	C	0.12%
NX	D	0.12%
EFSC	B	0.12%
STBA	B	0.12%
CXW	F	0.12%
HIW	B	0.12%
KOP	F	0.12%
ENVA	C	0.12%
CUBI	F	0.12%
TGNA	C	0.12%
DNB	C	0.11%
OLPX	C	0.11%
KSS	F	0.11%
UMBF	B	0.11%
NAVI	C	0.11%
FRME	C	0.11%
DNOW	D	0.11%
VTR	C	0.11%
REVG	C	0.11%
OCFC	B	0.11%
CATY	B	0.11%
SCHL	D	0.11%
FFBC	C	0.11%
GAP	F	0.11%
RRC	D	0.11%
SNDR	B	0.11%
CRI	C	0.11%
CALM	B	0.11%
GES	F	0.11%
CABO	F	0.11%
JBT	D	0.11%
BOKF	B	0.1%
HOMB	B	0.1%
IDA	B	0.1%
BLK	A	0.1%
ABT	C	0.1%
CMA	B	0.1%
POOL	C	0.1%
HTZ	D	0.1%
ORI	A	0.1%
UBSI	B	0.1%
MDLZ	B	0.1%
AWK	A	0.1%
TRGP	B	0.1%
LILAK	D	0.1%
ABR	B	0.1%
ABM	D	0.1%
CENTA	D	0.1%
DDS	D	0.1%
REYN	C	0.1%
MAA	B	0.1%
PEBO	C	0.1%
SAIC	C	0.1%
AIZ	B	0.1%
LPX	B	0.1%
SAH	D	0.1%
IPGP	F	0.1%
MKC	B	0.1%
LNT	A	0.1%
ADNT	F	0.1%
USM	C	0.1%
VSH	D	0.1%
WGO	D	0.1%
PB	B	0.1%
PRDO	D	0.1%
WERN	D	0.1%
ABCB	B	0.1%
ARCH	F	0.1%
SLGN	B	0.1%
HUBG	C	0.1%
PFBC	C	0.1%
ALGT	F	0.1%
FAF	B	0.1%
IBOC	C	0.1%
SSB	B	0.1%
AMN	F	0.09%
DD	B	0.09%
SFNC	B	0.09%
SWX	C	0.09%
MSGE	B	0.09%
LHX	D	0.09%
SLM	C	0.09%
J	D	0.09%
PDCO	F	0.09%
PFG	B	0.09%
HWC	D	0.09%
ASGN	D	0.09%
GT	F	0.09%
CTVA	B	0.09%
TSCO	C	0.09%
GD	B	0.09%
NKE	D	0.09%
TOWN	B	0.09%
PATK	B	0.09%
LGND	C	0.09%
SEIC	B	0.09%
COLM	B	0.09%
WTRG	D	0.09%
ZION	D	0.09%
TALO	F	0.09%
EPC	F	0.09%
MIDD	C	0.09%
BBWI	F	0.09%
PARR	F	0.09%
AYI	B	0.09%
PRGO	D	0.09%
JCI	B	0.09%
CRC	C	0.09%
DTM	B	0.09%
SYY	D	0.09%
TSN	C	0.09%
VSCO	C	0.09%
MATW	F	0.09%
ANDE	D	0.09%
RYN	C	0.09%
CRK	D	0.09%
REZI	D	0.09%
NJR	B	0.09%
REGN	C	0.09%
SASR	B	0.09%
IAC	C	0.09%
FBNC	B	0.09%
CROX	C	0.08%
JELD	D	0.08%
NBHC	C	0.08%
FHI	A	0.08%
RNST	D	0.08%
EQC	B	0.08%
HGV	D	0.08%
DAN	F	0.08%
BXC	D	0.08%
FIBK	B	0.08%
BECN	D	0.08%
KMT	B	0.08%
CENX	D	0.08%
OMI	D	0.08%
OI	D	0.08%
SJW	C	0.08%
OMCL	C	0.08%
WSBC	D	0.08%
AX	D	0.08%
WSFS	C	0.08%
WHR	D	0.08%
UNF	B	0.08%
SLVM	B	0.08%
FHB	C	0.08%
MCRI	B	0.08%
RJF	C	0.08%
WLK	D	0.08%
CTOS	F	0.08%
ENS	C	0.08%
HOPE	B	0.08%
PNM	B	0.08%
EXPD	B	0.08%
BANR	B	0.08%
NWBI	C	0.08%
SKX	C	0.08%
SNX	D	0.08%
BKE	B	0.08%
ADV	C	0.08%
SSTK	F	0.08%
VBTX	B	0.08%
OFG	C	0.08%
CASH	B	0.08%
DKS	D	0.08%
RIG	F	0.07%
MRTN	D	0.07%
ARCB	D	0.07%
KOS	F	0.07%
HTLD	D	0.07%
ECVT	F	0.07%
KN	D	0.07%
NMRK	B	0.07%
MLKN	D	0.07%
ODP	F	0.07%
BIIB	F	0.07%
CHGG	F	0.07%
ICUI	B	0.07%
APOG	B	0.07%
HUM	F	0.07%
CNXN	B	0.06%
SBCF	C	0.06%
TCBI	B	0.06%
UCBI	B	0.06%
CSGS	C	0.06%
DFIN	B	0.06%
AUB	C	0.06%
KLG	C	0.06%
NIC	C	0.06%
CPK	B	0.06%
NHC	D	0.06%
GOGO	F	0.06%
ALEX	B	0.06%
CAR	F	0.06%
SKY	B	0.06%
VNO	B	0.06%
GTY	B	0.06%
PLUS	B	0.06%
HELE	D	0.06%
VAC	F	0.06%
WAFD	B	0.06%
DORM	B	0.06%
DEI	B	0.06%
DIOD	F	0.06%
MODG	F	0.06%
ROIC	B	0.06%
ZD	D	0.06%
CBRL	D	0.06%
CMCO	F	0.06%
VRTS	D	0.06%
AMKR	F	0.06%
GEO	F	0.06%
SHEN	F	0.05%
CRUS	D	0.05%
AVNT	B	0.05%
VOYA	A	0.05%
IVZ	C	0.05%
HSIC	C	0.05%
EHC	B	0.05%
XHR	C	0.05%
BXMT	C	0.05%
AFG	B	0.05%
SNV	C	0.05%
BPOP	C	0.05%
LNN	C	0.05%
CACI	B	0.05%
EAT	B	0.05%
IP	B	0.05%
PTVE	D	0.05%
USFD	B	0.05%
NVST	D	0.05%
HLI	B	0.05%
TRS	D	0.05%
PCH	C	0.05%
MAT	C	0.05%
CVBF	C	0.05%
TFX	C	0.05%
JEF	B	0.05%
HTH	C	0.05%
FULT	C	0.05%
HLF	F	0.05%
SNEX	C	0.05%
TRMK	C	0.05%
CCK	A	0.05%
TCBK	C	0.05%
PBH	B	0.05%
BUSE	C	0.05%
PSMT	B	0.05%
BDC	B	0.05%
DG	F	0.05%
VCTR	B	0.05%
SRCE	C	0.05%
PRIM	C	0.05%
SAFT	C	0.05%
MCY	C	0.05%
LCII	C	0.05%
OEC	F	0.05%
DEA	B	0.05%
CWT	C	0.05%
AR	D	0.04%
FOXF	F	0.04%
KALU	F	0.04%
BJ	D	0.04%
LANC	D	0.04%
CACC	D	0.04%
KWR	D	0.04%
SEE	D	0.04%
LFUS	D	0.04%
BLMN	F	0.04%
SIGI	C	0.04%
STRA	D	0.04%
KEX	C	0.04%
BHF	D	0.04%
GXO	D	0.04%
LSTR	D	0.04%
SEM	D	0.04%
NEOG	C	0.04%
MTX	D	0.04%
MMS	D	0.04%
SUM	C	0.04%
PCRX	F	0.04%
RGA	B	0.04%
FUL	D	0.04%
KFY	B	0.03%
HMN	C	0.03%
SHOO	B	0.03%
WD	B	0.03%
PGRE	C	0.03%
GNW	B	0.03%
FBP	C	0.03%
LXP	B	0.03%
AAP	F	0.03%
NNI	B	0.03%
MWA	C	0.03%
ADUS	B	0.03%
HNI	B	0.03%
BHLB	C	0.03%
THS	C	0.03%
NBTB	D	0.03%
CWEN	B	0.03%
STC	B	0.03%
FBK	B	0.03%
JBGS	B	0.03%
BOOT	B	0.03%
VSAT	F	0.03%
BMBL	F	0.03%
CBU	C	0.03%
PLXS	B	0.03%
CVCO	B	0.03%
PFS	B	0.03%
FDP	B	0.03%
LTH	B	0.03%
HI	F	0.02%
GO	F	0.02%
DK	F	0.02%
ROG	D	0.02%
OXM	D	0.02%
SCL	D	0.02%
XRX	F	0.02%
CTS	D	0.02%
CAKE	C	0.02%
THRM	D	0.02%
WOR	F	0.02%
ENOV	F	0.02%
OII	D	0.02%
ASB	D	0.02%
NVEE	F	0.02%
CMTG	F	0.02%
APAM	C	0.02%
KFRC	D	0.02%
AIN	D	0.02%
ATUS	C	0.02%
PPBI	D	0.02%
IART	F	0.01%

FAB Underweight 48 Positions Relative to FVAL

Symbol	Grade	Weight
MSFT	C	-6.96%
AAPL	D	-6.96%
NVDA	D	-6.47%
AMZN	C	-3.76%
GOOGL	D	-3.57%
META	A	-2.54%
UNH	C	-1.78%
JPM	D	-1.62%
V	B	-1.4%
ABBV	C	-1.38%
MRK	D	-1.28%
CRM	D	-1.21%
ACN	C	-1.2%
HD	B	-1.2%
IBM	B	-1.2%
PG	C	-1.17%
GILD	B	-0.95%
MCD	C	-0.9%
BMY	C	-0.9%
MU	F	-0.84%
AXP	B	-0.79%
CAT	C	-0.73%
BKNG	B	-0.73%
RPRX	C	-0.7%
UNP	B	-0.68%
HON	D	-0.64%
ADP	B	-0.63%
LIN	B	-0.58%
MMM	B	-0.55%
MO	C	-0.55%
DFS	C	-0.53%
EXPE	C	-0.52%
LVS	D	-0.48%
DAL	C	-0.47%
PCAR	D	-0.47%
WYNN	D	-0.45%
PLD	C	-0.38%
ACI	F	-0.36%
PSA	B	-0.29%
NEM	B	-0.27%
SPG	B	-0.26%
O	B	-0.26%
FCX	D	-0.25%
VICI	C	-0.23%
BXP	B	-0.19%
HST	D	-0.18%
GLPI	B	-0.18%
CIVI	F	-0.14%