FAB vs. VLUE ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to iShares MSCI USA Value Factor (VLUE)

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

$88.95

Average Daily Volume

2,527

Number of Holdings ^*

665

* may have additional holdings in another (foreign) market

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	FAB	VLUE
30 Days	6.40%	4.45%
60 Days	5.80%	5.68%
90 Days	6.32%	7.63%
12 Months	27.56%	25.66%

97 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in VLUE	Overlap
ADM	D	0.38%	0.65%	0.38%
AIG	B	0.45%	0.5%	0.45%
AKAM	D	0.22%	0.14%	0.14%
ALLY	C	0.36%	0.1%	0.1%
APA	D	0.2%	0.15%	0.15%
APTV	D	0.33%	0.13%	0.13%
ATO	A	0.36%	0.23%	0.23%
BAC	A	0.3%	2.25%	0.3%
BBY	D	0.23%	0.38%	0.23%
BEN	C	0.18%	0.06%	0.06%
BG	F	0.4%	0.2%	0.2%
BLDR	D	0.24%	0.36%	0.24%
C	A	0.38%	1.78%	0.38%
CAG	D	0.07%	0.23%	0.07%
CF	B	0.35%	0.16%	0.16%
CFG	B	0.4%	0.26%	0.26%
CI	F	0.08%	1.37%	0.08%
CMI	A	0.1%	0.6%	0.1%
CNC	D	0.27%	0.57%	0.27%
COF	B	0.43%	0.66%	0.43%
CSCO	B	0.19%	6.43%	0.19%
CTRA	B	0.46%	0.35%	0.35%
CTSH	B	0.37%	1.1%	0.37%
CVS	D	0.38%	1.46%	0.38%
D	C	0.25%	0.47%	0.25%
DAL	C	0.56%	0.25%	0.25%
DGX	A	0.26%	0.19%	0.19%
DHI	D	0.3%	1.4%	0.3%
DINO	D	0.21%	0.16%	0.16%
DOW	F	0.21%	0.23%	0.21%
EG	C	0.41%	0.17%	0.17%
ELV	F	0.14%	0.97%	0.14%
EMN	D	0.12%	0.1%	0.1%
EQT	B	0.41%	0.28%	0.28%
EVRG	A	0.17%	0.27%	0.17%
F	C	0.46%	1.68%	0.46%
FANG	D	0.37%	0.6%	0.37%
FBIN	D	0.04%	0.11%	0.04%
FDX	B	0.37%	1.18%	0.37%
FITB	A	0.28%	0.21%	0.21%
FNF	B	0.17%	0.09%	0.09%
FOXA	B	0.49%	0.33%	0.33%
GM	B	0.56%	3.6%	0.56%
HBAN	A	0.42%	0.17%	0.17%
HIG	B	0.35%	0.22%	0.22%
HII	D	0.1%	0.09%	0.09%
HPE	B	0.46%	1.4%	0.46%
HPQ	B	0.18%	1.19%	0.18%
HST	C	0.17%	0.23%	0.17%
INTC	D	0.37%	3.65%	0.37%
IP	B	0.3%	0.19%	0.19%
JBL	B	0.14%	0.31%	0.14%
KEY	B	0.2%	0.13%	0.13%
KHC	F	0.23%	0.74%	0.23%
KNX	B	0.09%	0.19%	0.09%
KR	B	0.36%	0.75%	0.36%
L	A	0.37%	0.13%	0.13%
LEN	D	0.4%	1.49%	0.4%
LH	C	0.09%	0.24%	0.09%
LHX	C	0.09%	0.53%	0.09%
LKQ	D	0.13%	0.24%	0.13%
LUV	C	0.28%	0.12%	0.12%
LYB	F	0.38%	0.22%	0.22%
MAA	B	0.08%	0.19%	0.08%
MOS	F	0.17%	0.17%	0.17%
MTB	A	0.31%	0.31%	0.31%
NUE	C	0.43%	0.45%	0.43%
OC	A	0.39%	0.36%	0.36%
ON	D	0.32%	0.67%	0.32%
OVV	B	0.25%	0.33%	0.25%
PCAR	B	0.51%	0.76%	0.51%
PHM	D	0.39%	0.94%	0.39%
PPL	B	0.26%	0.32%	0.26%
PRU	A	0.18%	0.45%	0.18%
RF	A	0.29%	0.2%	0.2%
SJM	D	0.12%	0.22%	0.12%
SNA	A	0.32%	0.23%	0.23%
SOLV	C	0.17%	0.14%	0.14%
SSNC	B	0.17%	0.25%	0.17%
STLD	B	0.48%	0.27%	0.27%
STT	A	0.27%	0.26%	0.26%
SWKS	F	0.3%	0.46%	0.3%
SYF	B	0.57%	0.24%	0.24%
T	A	0.44%	6.04%	0.44%
TAP	C	0.23%	0.38%	0.23%
TSN	B	0.19%	0.44%	0.19%
TXT	D	0.25%	0.24%	0.24%
UHAL	D	0.07%	0.11%	0.07%
UHS	D	0.15%	0.18%	0.15%
USB	A	0.28%	0.48%	0.28%
VLO	C	0.45%	0.78%	0.45%
VTRS	A	0.38%	0.45%	0.38%
VZ	C	0.32%	2.91%	0.32%
WFC	A	0.45%	1.92%	0.45%
WLK	D	0.15%	0.05%	0.05%
WY	D	0.08%	0.55%	0.08%
ZM	B	0.21%	0.47%	0.21%

FAB Overweight 568 Positions Relative to VLUE

Symbol	Grade	Weight
UAL	A	0.7%
CVX	A	0.48%
CINF	A	0.48%
TROW	B	0.48%
EOG	A	0.48%
RS	B	0.47%
COP	C	0.47%
XOM	B	0.45%
HAL	C	0.45%
CMCSA	B	0.45%
DVN	F	0.44%
OXY	D	0.43%
PSX	C	0.43%
TOL	B	0.43%
KMI	A	0.42%
MPC	D	0.42%
LNG	B	0.41%
ETR	B	0.39%
SRE	A	0.38%
CRBG	B	0.37%
XEL	A	0.37%
CNP	B	0.36%
AEE	A	0.36%
SLB	C	0.36%
CB	C	0.35%
ZBH	C	0.35%
EXC	C	0.33%
DG	F	0.32%
ED	D	0.32%
MS	A	0.32%
CHTR	C	0.31%
BKR	B	0.3%
TDY	B	0.28%
TRV	B	0.28%
NI	A	0.27%
MTDR	B	0.26%
AGO	B	0.25%
NOG	A	0.25%
LNT	A	0.25%
AFL	B	0.25%
EQR	B	0.25%
ULTA	F	0.25%
TGT	F	0.25%
CNX	A	0.25%
DTE	C	0.24%
JXN	C	0.24%
CE	F	0.24%
SM	B	0.24%
OSK	B	0.24%
HP	B	0.24%
DE	A	0.24%
EBAY	D	0.24%
HRL	D	0.24%
DUK	C	0.24%
SYY	B	0.24%
AMG	B	0.23%
STX	D	0.23%
RJF	A	0.23%
ATKR	C	0.23%
PTEN	C	0.23%
CMC	B	0.23%
AL	B	0.23%
AEP	D	0.23%
AMR	C	0.22%
TMHC	B	0.22%
CHRD	D	0.22%
PBF	D	0.22%
BIIB	F	0.22%
NFE	D	0.22%
URBN	C	0.22%
NOV	C	0.22%
CIVI	D	0.22%
PVH	C	0.22%
HCC	B	0.22%
CADE	B	0.21%
OKE	A	0.21%
MTG	C	0.21%
UNM	A	0.21%
CXW	B	0.21%
MUR	D	0.21%
RDN	C	0.21%
TEX	D	0.21%
LBRT	D	0.2%
R	B	0.2%
PNC	B	0.2%
DIS	B	0.2%
G	B	0.2%
RIOT	C	0.2%
MATX	C	0.2%
RUSHA	C	0.2%
LBRDK	C	0.2%
UGI	A	0.2%
TPH	D	0.2%
LAD	A	0.2%
RNR	C	0.2%
BWA	D	0.2%
KIM	A	0.19%
ESNT	D	0.19%
JBHT	C	0.19%
RRC	B	0.19%
LEA	D	0.19%
MTH	D	0.19%
DAR	C	0.19%
NWSA	B	0.19%
PKG	A	0.19%
LNC	B	0.19%
OZK	B	0.19%
CNO	A	0.19%
MGY	A	0.19%
JAZZ	B	0.19%
DDS	B	0.19%
MHO	D	0.19%
KRC	C	0.18%
OTTR	C	0.18%
GBDC	C	0.18%
HRI	B	0.18%
BKH	A	0.18%
PNW	B	0.18%
ADTN	A	0.18%
DRI	B	0.18%
DXC	B	0.18%
CSX	B	0.18%
COOP	B	0.18%
FMC	D	0.18%
ASO	F	0.18%
AAP	C	0.18%
HOG	D	0.18%
RGA	A	0.18%
GPI	A	0.18%
POR	C	0.17%
WBS	A	0.17%
CMS	C	0.17%
NVR	D	0.17%
CNXC	F	0.17%
FHN	A	0.17%
AVT	C	0.17%
SR	A	0.17%
BBWI	D	0.17%
M	D	0.17%
BCC	B	0.17%
NFG	A	0.17%
WEC	A	0.17%
MOH	F	0.16%
KDP	D	0.16%
HUM	C	0.16%
MDU	D	0.16%
KBH	D	0.16%
ARE	D	0.16%
WCC	B	0.16%
BMBL	C	0.16%
SUM	B	0.16%
FE	C	0.16%
GBX	A	0.16%
DOC	D	0.16%
CARR	D	0.16%
PPG	F	0.16%
HSY	F	0.16%
ZION	B	0.16%
SIG	B	0.16%
JNJ	D	0.16%
EIX	B	0.16%
BYD	C	0.15%
AMKR	D	0.15%
SANM	B	0.15%
CTOS	C	0.15%
ECVT	C	0.15%
CUBI	C	0.15%
BFH	B	0.15%
JBT	B	0.15%
ARW	D	0.15%
OMF	A	0.15%
FNB	A	0.15%
ALK	C	0.15%
GIS	D	0.15%
COLB	A	0.15%
CLF	F	0.15%
HTZ	C	0.15%
GPC	D	0.15%
RIG	D	0.14%
BERY	B	0.14%
KMT	B	0.14%
EIG	B	0.14%
WHR	B	0.14%
AXS	A	0.14%
TALO	C	0.14%
DNOW	B	0.14%
INGR	B	0.14%
ULH	B	0.14%
PINC	B	0.14%
ABG	B	0.14%
GMS	B	0.14%
TGNA	B	0.14%
VTLE	C	0.14%
VLY	B	0.14%
CABO	C	0.14%
REZI	A	0.13%
GIII	D	0.13%
VAC	B	0.13%
WS	B	0.13%
BTU	B	0.13%
KOS	F	0.13%
CRGY	B	0.13%
SPNT	A	0.13%
IART	C	0.13%
THO	B	0.13%
OGS	A	0.13%
PAG	B	0.13%
PK	B	0.13%
NXST	C	0.13%
APLE	B	0.13%
RLJ	C	0.13%
TDS	B	0.13%
GT	C	0.13%
GPOR	B	0.13%
OGE	B	0.13%
HELE	C	0.13%
GL	B	0.13%
SWX	B	0.13%
GEF	A	0.13%
RES	D	0.12%
ASH	D	0.12%
BY	B	0.12%
ZD	C	0.12%
PEBO	A	0.12%
PRDO	B	0.12%
SON	D	0.12%
AVA	A	0.12%
TRMK	B	0.12%
EPC	D	0.12%
VC	D	0.12%
POST	C	0.12%
AN	C	0.12%
INDB	B	0.12%
IMKTA	C	0.12%
SHO	C	0.12%
ENS	D	0.12%
PARR	D	0.12%
PLAB	C	0.12%
INVA	D	0.12%
SNX	C	0.12%
BC	C	0.12%
UVV	B	0.12%
AEO	F	0.11%
VSH	D	0.11%
MRC	B	0.11%
CCS	D	0.11%
WMK	C	0.11%
SEB	F	0.11%
KSS	F	0.11%
SAH	A	0.11%
DBRG	F	0.11%
WKC	D	0.11%
USM	B	0.11%
PHIN	A	0.11%
EBC	B	0.11%
OLN	D	0.11%
GHC	C	0.11%
FOR	F	0.11%
CAL	D	0.11%
WU	D	0.11%
FFBC	A	0.11%
NWE	B	0.1%
ODFL	B	0.1%
CRC	B	0.1%
ABCB	B	0.1%
ABR	C	0.1%
OEC	C	0.1%
MLKN	D	0.1%
NAVI	C	0.1%
IDA	A	0.1%
PRG	C	0.1%
PB	A	0.1%
UBSI	B	0.1%
EQC	B	0.1%
NWN	A	0.1%
VNT	B	0.1%
LZB	B	0.1%
BV	B	0.1%
CENTA	C	0.1%
HWC	B	0.1%
LADR	B	0.1%
BECN	B	0.1%
CMA	A	0.1%
SBH	C	0.1%
GEO	B	0.1%
CVI	F	0.1%
SEIC	B	0.1%
HGV	B	0.1%
SCSC	B	0.1%
VSCO	B	0.1%
HOV	D	0.1%
DRH	B	0.1%
CMCO	B	0.1%
OGN	D	0.1%
WTFC	A	0.1%
PII	D	0.1%
AMWD	C	0.1%
GES	F	0.1%
MLI	C	0.1%
HD	A	0.09%
FRME	B	0.09%
WTRG	B	0.09%
PFG	D	0.09%
TNET	D	0.09%
MSM	C	0.09%
FIVE	F	0.09%
CRL	C	0.09%
PFBC	B	0.09%
OMC	C	0.09%
CLX	B	0.09%
SBUX	A	0.09%
UFPI	B	0.09%
ACN	C	0.09%
ALKS	B	0.09%
KFY	B	0.09%
COLM	B	0.09%
WSBC	A	0.09%
CATY	B	0.09%
CRK	B	0.09%
JWN	C	0.09%
SLGN	A	0.09%
SASR	B	0.09%
CASH	A	0.09%
BNL	D	0.09%
PDCO	D	0.09%
WRB	A	0.09%
PLYA	B	0.09%
ADNT	F	0.09%
CUZ	B	0.09%
LPX	B	0.09%
PNM	F	0.09%
BANR	B	0.09%
APD	A	0.09%
SLM	A	0.09%
ORI	A	0.09%
IEX	B	0.09%
J	F	0.09%
AR	B	0.09%
CVBF	A	0.09%
ANDE	D	0.09%
AIZ	A	0.09%
PYPL	B	0.09%
ACA	A	0.09%
VSTS	C	0.09%
BOKF	B	0.09%
HIW	D	0.09%
BUSE	B	0.08%
ARCB	C	0.08%
MDLZ	F	0.08%
WPC	D	0.08%
MODG	F	0.08%
WERN	C	0.08%
WGO	C	0.08%
TKR	D	0.08%
AWK	D	0.08%
REYN	D	0.08%
MCRI	A	0.08%
CPB	D	0.08%
PTVE	B	0.08%
LMT	D	0.08%
EXPD	D	0.08%
SNDR	B	0.08%
ALG	B	0.08%
DAN	D	0.08%
HOPE	B	0.08%
SKX	D	0.08%
DD	D	0.08%
FIBK	A	0.08%
IPG	D	0.08%
FCF	A	0.08%
SRCE	B	0.08%
MAS	D	0.08%
HUBG	A	0.08%
NX	C	0.08%
XRX	F	0.08%
LAUR	A	0.08%
HOLX	D	0.08%
BKE	B	0.08%
MDT	D	0.08%
AGCO	D	0.08%
FTV	C	0.08%
BKU	A	0.08%
TCBK	B	0.08%
VBTX	B	0.08%
KALU	C	0.08%
KEYS	A	0.08%
GD	F	0.08%
WSFS	A	0.08%
PEP	F	0.08%
HY	D	0.08%
RNST	B	0.08%
UPS	C	0.08%
CTVA	C	0.08%
NDSN	B	0.08%
SFNC	B	0.08%
MIDD	C	0.08%
EFSC	B	0.08%
VRTS	B	0.08%
FULT	A	0.08%
ASGN	F	0.08%
LOW	D	0.08%
TTMI	B	0.07%
LC	A	0.07%
LILAK	D	0.07%
SJW	D	0.07%
PEB	D	0.07%
MRTN	C	0.07%
SPB	C	0.07%
UNF	B	0.07%
NKE	D	0.07%
KLG	C	0.07%
IPGP	D	0.07%
DIOD	D	0.07%
XHR	B	0.07%
MMS	F	0.07%
SBCF	A	0.06%
GOGO	C	0.06%
FBNC	A	0.06%
CSGS	B	0.06%
AMN	F	0.06%
FHI	A	0.06%
PBH	A	0.06%
OMI	F	0.06%
KAR	B	0.06%
DFH	D	0.06%
NIC	B	0.06%
SNEX	B	0.06%
HMN	B	0.06%
FHB	A	0.06%
CRI	D	0.06%
CAR	C	0.06%
GRBK	D	0.06%
ASB	B	0.06%
SCVL	F	0.06%
VSAT	F	0.06%
SSTK	F	0.06%
LGIH	D	0.06%
AFG	A	0.05%
BJ	A	0.05%
WAL	B	0.05%
ROG	D	0.05%
PATK	D	0.05%
FLR	B	0.05%
ALIT	C	0.05%
DFIN	D	0.05%
SEM	B	0.05%
DEA	D	0.05%
DNB	B	0.05%
MUSA	A	0.05%
SHEN	F	0.05%
THRM	D	0.05%
YETI	C	0.05%
LCII	C	0.05%
PFGC	B	0.05%
SSB	B	0.05%
PSMT	C	0.05%
UCB	A	0.05%
RHI	B	0.05%
SYNA	C	0.05%
AUB	B	0.05%
OFG	B	0.05%
SCL	C	0.05%
CXT	B	0.05%
ARI	C	0.05%
ALEX	C	0.05%
GXO	B	0.05%
LNN	B	0.05%
KWR	C	0.05%
HTH	B	0.05%
STBA	B	0.05%
UMBF	B	0.05%
DK	C	0.05%
ROCK	C	0.05%
GO	C	0.05%
JEF	A	0.05%
ABM	B	0.05%
ENOV	C	0.05%
MTX	B	0.05%
WAFD	B	0.05%
TOWN	B	0.05%
EPAM	C	0.05%
TPR	B	0.05%
HLF	C	0.05%
IOSP	B	0.05%
BHE	B	0.05%
PNFP	B	0.05%
NWBI	B	0.05%
UPWK	B	0.04%
MYRG	B	0.04%
NSP	D	0.04%
IAC	D	0.04%
FOXF	F	0.04%
HSIC	B	0.04%
AVNS	F	0.04%
RYN	D	0.04%
CZR	F	0.04%
LFUS	F	0.04%
TTC	D	0.04%
WD	D	0.04%
FUL	F	0.04%
BPOP	B	0.04%
MGM	D	0.04%
STWD	C	0.04%
SEE	C	0.04%
FAF	A	0.04%
ODP	F	0.04%
LSTR	D	0.04%
MAT	D	0.04%
NJR	A	0.04%
IVZ	B	0.04%
AVNT	B	0.04%
FELE	B	0.04%
SKY	A	0.04%
WTS	B	0.04%
PRGO	B	0.04%
VOYA	B	0.04%
AIR	B	0.03%
HAYW	B	0.03%
SAFT	C	0.03%
MTRN	C	0.03%
XPEL	C	0.03%
DEI	B	0.03%
HLIO	B	0.03%
GNW	A	0.03%
IVT	B	0.03%
CVCO	A	0.03%
PPBI	B	0.03%
ROIC	A	0.03%
SAM	C	0.03%
NBTB	B	0.03%
FDP	B	0.03%
BHF	B	0.03%
BHLB	B	0.03%
PFS	B	0.03%
CBU	B	0.03%
FBK	B	0.03%
MCW	B	0.03%
MGPI	F	0.03%
TCBI	B	0.03%
OPCH	D	0.03%
OLPX	D	0.02%
BLMN	F	0.02%
PLUS	F	0.02%
GIC	D	0.02%
GPRE	F	0.02%
JBGS	D	0.02%
OXM	D	0.02%
CWEN	C	0.02%
SHOO	D	0.02%
AIN	C	0.02%
MSGE	F	0.02%
LXP	D	0.02%
RC	D	0.02%
CMTG	F	0.02%
SHLS	F	0.02%
CNXN	C	0.02%
CC	C	0.02%
NVEE	F	0.02%
KFRC	D	0.02%
NNI	D	0.02%
STC	B	0.02%
NMRK	B	0.02%
CNMD	C	0.02%
OI	C	0.02%
MSEX	B	0.02%
UPBD	B	0.02%
EVTC	B	0.02%
PGRE	F	0.02%

FAB Underweight 51 Positions Relative to VLUE

Symbol	Grade	Weight
IBM	C	-3.86%
AMAT	F	-2.37%
PFE	D	-2.07%
RTX	C	-1.77%
BMY	B	-1.55%
MO	A	-1.45%
GS	A	-1.43%
GILD	C	-1.29%
SPG	B	-1.26%
NXPI	D	-1.12%
GLW	B	-1.1%
TEL	B	-1.02%
DELL	C	-0.84%
URI	B	-0.77%
WBD	C	-0.7%
PCG	A	-0.63%
JCI	C	-0.61%
TFC	A	-0.54%
NTAP	C	-0.52%
EXPE	B	-0.48%
BK	A	-0.47%
MET	A	-0.46%
VST	B	-0.45%
MRO	B	-0.44%
GEN	B	-0.42%
FSLR	F	-0.38%
FFIV	B	-0.37%
TWLO	A	-0.34%
JNPR	F	-0.33%
WAB	B	-0.32%
PARA	C	-0.27%
UTHR	C	-0.23%
AZPN	A	-0.23%
WBA	F	-0.22%
ES	D	-0.22%
GPN	B	-0.21%
EXE	B	-0.2%
LDOS	C	-0.19%
RPRX	D	-0.19%
FOX	A	-0.18%
QRVO	F	-0.18%
CNH	C	-0.17%
CPT	B	-0.13%
SW	A	-0.13%
FCNCA	A	-0.12%
EQH	B	-0.12%
ACI	C	-0.12%
NLY	C	-0.11%
SWK	D	-0.1%
DVA	B	-0.08%
BIO	D	-0.05%