FEX vs. AIEQ ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to AI Powered Equity ETF (AIEQ)

FEX

First Trust Large Cap Core AlphaDEX

FEX 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 Large 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 500(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

$111.95

Average Daily Volume

18,528

Number of Holdings ^*

373

* may have additional holdings in another (foreign) market

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

$41.28

Average Daily Volume

7,436

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

Performance

Period	FEX	AIEQ
30 Days	6.62%	9.30%
60 Days	8.07%	10.19%
90 Days	10.60%	11.69%
12 Months	33.47%	34.55%

42 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in AIEQ	Overlap
AMZN	C	0.09%	3.9%	0.09%
APH	A	0.09%	2.2%	0.09%
APP	B	0.97%	1.73%	0.97%
AVGO	D	0.24%	3.35%	0.24%
BIIB	F	0.21%	0.71%	0.21%
CHTR	C	0.3%	1.38%	0.3%
CSL	C	0.17%	0.59%	0.17%
CVX	A	0.46%	2.09%	0.46%
DASH	A	0.41%	0.93%	0.41%
DIS	B	0.2%	2.63%	0.2%
ELV	F	0.2%	2.24%	0.2%
EMR	A	0.1%	1.37%	0.1%
F	C	0.45%	0.95%	0.45%
FANG	D	0.45%	1.32%	0.45%
FCNCA	A	0.4%	0.42%	0.4%
FI	A	0.4%	2.08%	0.4%
FSLR	F	0.27%	0.77%	0.27%
GOOGL	C	0.09%	3.4%	0.09%
GPC	D	0.23%	0.62%	0.23%
GRMN	B	0.3%	0.55%	0.3%
GS	A	0.5%	3.64%	0.5%
HPE	B	0.44%	0.77%	0.44%
HWM	A	0.48%	0.82%	0.48%
IEX	B	0.18%	0.37%	0.18%
INTC	D	0.36%	3.77%	0.36%
ISRG	A	0.27%	2.6%	0.27%
LII	A	0.35%	0.49%	0.35%
LLY	F	0.14%	0.42%	0.14%
LNG	B	0.4%	0.61%	0.4%
LVS	C	0.17%	0.89%	0.17%
LYB	F	0.37%	0.59%	0.37%
NKE	D	0.14%	2.52%	0.14%
NVDA	C	0.29%	4.07%	0.29%
PLTR	B	0.7%	2.62%	0.7%
RCL	A	0.55%	0.94%	0.55%
RIVN	F	0.08%	0.14%	0.08%
STLD	B	0.47%	0.62%	0.47%
TDG	D	0.22%	0.87%	0.22%
UPS	C	0.17%	1.28%	0.17%
VRTX	F	0.08%	2.27%	0.08%
VST	B	0.52%	1.88%	0.52%
WSM	B	0.07%	0.66%	0.07%

FEX Overweight 331 Positions Relative to AIEQ

Symbol	Grade	Weight
UAL	A	0.67%
AXON	A	0.64%
SYF	B	0.54%
DAL	C	0.53%
GM	B	0.53%
EXPE	B	0.52%
SNA	A	0.52%
VRT	B	0.52%
FICO	B	0.5%
EME	C	0.49%
KKR	A	0.49%
CVNA	B	0.48%
PCAR	B	0.48%
PWR	A	0.47%
OC	A	0.47%
EOG	A	0.47%
CINF	A	0.47%
WAB	B	0.46%
TRGP	B	0.46%
COP	C	0.46%
TROW	B	0.46%
CTRA	B	0.46%
BK	A	0.46%
TT	A	0.45%
AXP	A	0.45%
ALL	A	0.45%
CCL	B	0.45%
VLO	C	0.45%
FOXA	B	0.45%
RS	B	0.45%
URI	B	0.44%
CMCSA	B	0.44%
HEI	B	0.44%
BURL	A	0.44%
SLB	C	0.44%
T	A	0.44%
HAL	C	0.44%
WFC	A	0.44%
KMI	A	0.43%
PGR	A	0.43%
CF	B	0.43%
NRG	B	0.43%
XOM	B	0.43%
MPC	D	0.42%
TOL	B	0.42%
OXY	D	0.42%
DVN	F	0.42%
CPNG	D	0.42%
CTSH	B	0.42%
PSX	C	0.42%
UTHR	C	0.42%
MTB	A	0.41%
EQT	B	0.41%
HBAN	A	0.41%
LYV	A	0.41%
IRM	D	0.41%
COF	B	0.41%
NUE	C	0.41%
GDDY	A	0.4%
BG	F	0.4%
IP	B	0.4%
TPL	A	0.4%
EG	C	0.4%
BKR	B	0.4%
ON	D	0.39%
TMUS	B	0.39%
RBLX	C	0.39%
THC	D	0.39%
SRE	A	0.38%
CVS	D	0.38%
LEN	D	0.38%
PHM	D	0.38%
VTRS	A	0.38%
HOOD	B	0.38%
CFG	B	0.38%
ETR	B	0.38%
FDX	B	0.37%
PM	B	0.37%
ORCL	B	0.37%
MSI	B	0.37%
PH	A	0.37%
C	A	0.37%
ADM	D	0.37%
CTAS	B	0.36%
AEE	A	0.36%
CRBG	B	0.36%
DHI	D	0.36%
CNP	B	0.36%
ATO	A	0.36%
BRO	B	0.36%
NI	A	0.36%
SWKS	F	0.36%
GEN	B	0.36%
L	A	0.36%
XEL	A	0.36%
HCA	F	0.35%
COST	B	0.35%
AIG	B	0.35%
DGX	A	0.35%
ZBH	C	0.35%
VTR	C	0.34%
CB	C	0.34%
AFL	B	0.34%
ALLY	C	0.34%
HIG	B	0.34%
TGT	F	0.34%
KR	B	0.34%
MS	A	0.33%
ANET	C	0.33%
EXC	C	0.33%
META	D	0.33%
CNC	D	0.33%
RMD	C	0.33%
DUK	C	0.33%
DTE	C	0.32%
AEP	D	0.32%
VZ	C	0.32%
TXT	D	0.32%
IBM	C	0.32%
GE	D	0.32%
EBAY	D	0.32%
ERIE	D	0.32%
AMP	A	0.31%
NEE	D	0.31%
NTRS	A	0.31%
ULTA	F	0.31%
DG	F	0.31%
APTV	D	0.31%
BLDR	D	0.31%
OKE	A	0.31%
ED	D	0.31%
JPM	A	0.3%
BAC	A	0.3%
CEG	D	0.3%
FTNT	C	0.3%
BKNG	A	0.3%
NFLX	A	0.3%
NOW	A	0.29%
ALNY	D	0.29%
GWW	B	0.29%
RF	A	0.29%
ZM	B	0.29%
AKAM	D	0.29%
BAH	F	0.29%
ACGL	D	0.29%
STT	A	0.28%
LUV	C	0.28%
FITB	A	0.28%
PKG	A	0.28%
USB	A	0.28%
TRV	B	0.28%
PCG	A	0.27%
TDY	B	0.27%
JBHT	C	0.27%
TTD	B	0.27%
WELL	A	0.27%
CSCO	B	0.27%
CASY	A	0.27%
BSX	B	0.27%
HLT	A	0.27%
CSX	B	0.26%
TJX	A	0.26%
LNT	A	0.26%
BRK.A	B	0.26%
PPL	B	0.26%
TYL	B	0.26%
WEC	A	0.26%
MANH	D	0.25%
EIX	B	0.25%
DE	A	0.25%
CMS	C	0.25%
SPGI	C	0.25%
ICE	C	0.25%
CAT	B	0.25%
SHW	A	0.25%
SSNC	B	0.25%
MCO	B	0.25%
D	C	0.25%
EQR	B	0.25%
PEG	A	0.25%
PSA	D	0.24%
HRL	D	0.24%
PPG	F	0.24%
JNJ	D	0.24%
RJF	A	0.23%
CE	F	0.23%
NVR	D	0.23%
VLTO	D	0.23%
CARR	D	0.23%
GIS	D	0.22%
HUM	C	0.22%
BBY	D	0.22%
TSLA	B	0.22%
APO	B	0.22%
KHC	F	0.22%
STX	D	0.22%
DOW	F	0.21%
KDP	D	0.21%
EFX	F	0.21%
CPAY	A	0.2%
NDAQ	A	0.19%
APD	A	0.19%
DECK	A	0.19%
PNC	B	0.19%
CMI	A	0.19%
MSTR	C	0.19%
DELL	C	0.19%
KEY	B	0.19%
IR	B	0.18%
HUBB	B	0.18%
AJG	B	0.18%
BR	A	0.18%
PRU	A	0.18%
RGA	A	0.18%
LH	C	0.18%
SPG	B	0.18%
WSO	A	0.18%
J	F	0.18%
WRB	A	0.18%
NWSA	B	0.18%
ETN	A	0.18%
KIM	A	0.18%
TSN	B	0.18%
PYPL	B	0.18%
SO	D	0.17%
AAPL	C	0.17%
FNF	B	0.17%
MAA	B	0.17%
DRI	B	0.17%
PFG	D	0.17%
LHX	C	0.17%
IT	C	0.17%
WY	D	0.16%
DD	D	0.16%
UBER	D	0.16%
CI	F	0.16%
AWK	D	0.16%
ROST	C	0.16%
FE	C	0.16%
FTV	C	0.16%
GD	F	0.16%
OMC	C	0.16%
TSCO	D	0.16%
KEYS	A	0.16%
ECL	D	0.16%
NTAP	C	0.16%
HOLX	D	0.16%
CTVA	C	0.16%
SYY	B	0.16%
MDT	D	0.16%
KO	D	0.15%
MDLZ	F	0.15%
ARE	D	0.15%
HSY	F	0.15%
CPB	D	0.15%
O	D	0.15%
XYL	D	0.15%
CL	D	0.15%
DOC	D	0.15%
COIN	C	0.15%
EXR	D	0.15%
WLK	D	0.14%
MOH	F	0.14%
AMT	D	0.14%
WMB	A	0.11%
MPWR	F	0.11%
RPM	A	0.1%
PANW	C	0.1%
MAR	B	0.1%
CBOE	B	0.09%
MET	A	0.09%
HD	A	0.09%
AVB	B	0.09%
MSCI	C	0.09%
CMG	B	0.09%
WST	C	0.09%
ESS	B	0.09%
EQIX	A	0.09%
ABT	B	0.09%
SBUX	A	0.09%
CLX	B	0.09%
RSG	A	0.09%
HPQ	B	0.09%
DOV	A	0.09%
NSC	B	0.09%
MA	C	0.09%
ORLY	B	0.09%
PAYX	C	0.09%
ARES	A	0.09%
ODFL	B	0.09%
JCI	C	0.09%
SYK	C	0.09%
MKL	A	0.09%
ADSK	A	0.09%
AON	A	0.09%
MO	A	0.09%
BLK	C	0.09%
AVY	D	0.08%
ZTS	D	0.08%
MKC	D	0.08%
LMT	D	0.08%
EXPD	D	0.08%
MAS	D	0.08%
SBAC	D	0.08%
NOC	D	0.08%
BDX	F	0.08%
PEP	F	0.08%
MU	D	0.08%
KMB	D	0.08%
MCD	D	0.08%
VICI	C	0.08%
POOL	C	0.08%
GLPI	C	0.08%
NDSN	B	0.08%
OTIS	C	0.08%
WAT	B	0.08%
ROL	B	0.08%
ACN	C	0.08%
MMC	B	0.08%
LOW	D	0.08%
AZO	C	0.08%
KLAC	D	0.07%
IQV	D	0.07%
TMO	F	0.07%
CAG	D	0.07%
RVTY	F	0.07%
BLD	D	0.07%
AMGN	D	0.07%
FCX	D	0.07%
GEHC	F	0.07%
CCI	D	0.07%

FEX Underweight 94 Positions Relative to AIEQ

Symbol	Grade	Weight
CRWD	B	-2.94%
BA	F	-1.65%
SNOW	C	-1.34%
ZS	C	-1.02%
EW	C	-1.02%
LPLA	A	-1.01%
HST	C	-0.98%
DXCM	D	-0.94%
TEAM	A	-0.92%
SQ	B	-0.81%
DFS	B	-0.72%
EL	F	-0.72%
QRVO	F	-0.59%
OKTA	C	-0.54%
MGM	D	-0.54%
UHS	D	-0.53%
XPO	B	-0.51%
PSTG	D	-0.5%
RHP	B	-0.47%
ETSY	D	-0.43%
ENPH	F	-0.43%
SFM	A	-0.39%
AAP	C	-0.36%
GNRC	B	-0.36%
HRB	D	-0.35%
AOS	F	-0.34%
CTLT	B	-0.33%
SNX	C	-0.33%
FN	D	-0.32%
ESTC	C	-0.31%
GL	B	-0.3%
EXP	A	-0.29%
KBR	F	-0.29%
RH	B	-0.29%
BWXT	B	-0.29%
GFS	C	-0.27%
NVT	B	-0.27%
HOG	D	-0.27%
HALO	F	-0.25%
APA	D	-0.24%
RYAN	B	-0.24%
TECH	D	-0.22%
OSK	B	-0.22%
FLR	B	-0.22%
TTC	D	-0.22%
MTSI	B	-0.21%
BPMC	C	-0.21%
CMC	B	-0.2%
BSY	D	-0.19%
CNX	A	-0.19%
HLI	B	-0.19%
COOP	B	-0.19%
SEE	C	-0.18%
FIVN	C	-0.18%
LNC	B	-0.18%
HAE	C	-0.18%
DCI	B	-0.17%
EEFT	B	-0.17%
NBIX	C	-0.17%
VKTX	F	-0.17%
ACI	C	-0.17%
GMED	A	-0.17%
CHRD	D	-0.17%
LNTH	D	-0.16%
TENB	C	-0.16%
DINO	D	-0.16%
MAN	D	-0.16%
MUR	D	-0.15%
SUM	B	-0.15%
ITCI	C	-0.14%
OMF	A	-0.14%
PRGO	B	-0.14%
TREX	C	-0.14%
POWI	D	-0.14%
JAZZ	B	-0.14%
TDW	F	-0.13%
ST	F	-0.13%
CIVI	D	-0.13%
ORA	B	-0.13%
CHE	D	-0.13%
SM	B	-0.12%
HP	B	-0.12%
LPX	B	-0.12%
MSA	D	-0.11%
VVV	F	-0.11%
NOG	A	-0.11%
TKR	D	-0.11%
GATX	A	-0.1%
EXPO	D	-0.1%
AM	A	-0.1%
CHX	C	-0.07%
WFRD	D	-0.07%
CFLT	B	-0.07%
RIG	D	-0.05%