FENY vs. FXN ETF Comparison

Comparison of Fidelity MSCI Energy Index ETF (FENY) to First Trust Energy AlphaDEX Fund (FXN)

FENY

Fidelity MSCI Energy Index ETF

FENY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Energy Index, which represents the performance of the energy sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Energy Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.77

Average Daily Volume

705,291

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

FXN

First Trust Energy AlphaDEX Fund

FXN 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 StrataQuant(R) Energy 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 energy 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

$16.24

Average Daily Volume

1,866,333

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FENY	FXN
30 Days	-4.35%	-6.61%
60 Days	-7.69%	-12.50%
90 Days	-1.89%	-9.18%
12 Months	-3.32%	-6.72%

38 Overlapping Holdings

Symbol	Grade	Weight in FENY	Weight in FXN	Overlap
AM	B	0.3%	0.9%	0.3%
APA	F	0.54%	3.22%	0.54%
AR	D	0.42%	0.7%	0.42%
BKR	D	1.77%	0.89%	0.89%
CHK	D	0.44%	3.92%	0.44%
CHRD	F	0.48%	3.82%	0.48%
CIVI	F	0.25%	3.75%	0.25%
COP	F	6.66%	2.61%	2.61%
CTRA	F	0.95%	3.22%	0.95%
CVX	D	13.2%	3.32%	3.32%
DINO	F	0.42%	4.07%	0.42%
DTM	B	0.42%	1.97%	0.42%
DVN	F	1.43%	3.26%	1.43%
EOG	D	3.71%	3.57%	3.57%
EQT	D	1.0%	2.42%	1.0%
FANG	F	1.74%	3.39%	1.74%
FTI	D	0.6%	0.89%	0.6%
HAL	F	1.39%	2.39%	1.39%
KMI	B	2.24%	1.97%	1.97%
LNG	C	2.22%	1.9%	1.9%
MPC	F	3.37%	2.72%	2.72%
MRO	D	0.85%	3.49%	0.85%
MTDR	F	0.35%	3.99%	0.35%
NFE	F	0.06%	0.96%	0.06%
NOV	F	0.38%	4.05%	0.38%
OKE	A	2.79%	1.02%	1.02%
OVV	F	0.59%	3.98%	0.59%
OXY	F	1.92%	1.59%	1.59%
PR	D	0.39%	2.33%	0.39%
PSX	F	3.03%	2.57%	2.57%
RRC	D	0.39%	2.3%	0.39%
SLB	F	3.13%	1.6%	1.6%
TPL	C	0.86%	1.02%	0.86%
TRGP	B	1.66%	2.09%	1.66%
VLO	F	2.46%	4.07%	2.46%
WFRD	D	0.39%	2.86%	0.39%
WMB	A	2.88%	0.96%	0.96%
XOM	D	22.5%	2.72%	2.72%

FENY Overweight 62 Positions Relative to FXN

Symbol	Grade	Weight
HES	F	1.94%
SWN	D	0.38%
CHX	D	0.32%
MUR	F	0.29%
SM	F	0.28%
MGY	D	0.24%
CNX	B	0.24%
VAL	F	0.22%
WHD	C	0.22%
PAGP	C	0.22%
NOG	F	0.21%
ENLC	B	0.2%
PTEN	F	0.2%
HESM	C	0.2%
PBF	F	0.2%
CRC	C	0.19%
HP	F	0.19%
RIG	F	0.19%
LBRT	D	0.19%
BTU	D	0.17%
CEIX	C	0.17%
AROC	D	0.17%
OII	D	0.16%
CRGY	F	0.14%
KOS	F	0.14%
GPOR	C	0.13%
UEC	F	0.13%
INSW	D	0.13%
KNTK	A	0.12%
HLX	F	0.11%
XPRO	F	0.11%
TALO	F	0.11%
DK	F	0.1%
DO	D	0.1%
LPG	F	0.1%
PARR	F	0.09%
CVI	F	0.08%
CLB	D	0.08%
KRP	D	0.08%
TELL	C	0.08%
TDW	F	0.08%
CRK	D	0.08%
WTTR	D	0.08%
AESI	C	0.07%
RES	F	0.06%
CLNE	C	0.06%
EGY	D	0.06%
GPRE	F	0.06%
NBR	F	0.06%
PUMP	F	0.06%
REX	D	0.06%
NR	D	0.06%
VTOL	D	0.05%
EE	C	0.05%
TTI	F	0.05%
NEXT	F	0.05%
HPK	D	0.05%
BRY	F	0.05%
SD	F	0.05%
LEU	F	0.05%
REPX	D	0.04%
GRNT	D	0.04%

FENY Underweight 1 Positions Relative to FXN

	Symbol	Grade	Weight
	FSLR	D	-0.87%