FEX vs. DBND ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to DoubleLine Opportunistic Bond ETF (DBND)

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

$108.66

Average Daily Volume

22,845

Number of Holdings ^*

372

* may have additional holdings in another (foreign) market

DBND

DoubleLine Opportunistic Bond ETF

DBND Description

Under normal circumstances, the Advisor intends to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income instruments or other investments with economic characteristics similar to fixed income instruments. It may invest in fixed income instruments of any credit quality, including those that are at the time of investment unrated or rated BB+ or lower by S&P or Ba1 or lower by Moody?s or the equivalent by any other nationally recognized statistical rating organization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.66

Average Daily Volume

48,866

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FEX	DBND
30 Days	2.06%	-1.74%
60 Days	6.61%	-3.29%
90 Days	9.51%	-1.03%
12 Months	31.15%	7.34%

25 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in DBND	Overlap
BAC	A	0.29%	0.56%	0.29%
CCI	D	0.07%	0.38%	0.07%
CCL	A	0.44%	0.26%	0.26%
CHTR	B	0.31%	0.17%	0.17%
CMCSA	B	0.44%	0.38%	0.38%
CVS	F	0.37%	0.42%	0.37%
EXC	C	0.32%	0.09%	0.09%
EXPE	A	0.52%	0.3%	0.3%
GM	A	0.54%	0.34%	0.34%
GS	A	0.51%	0.66%	0.51%
HCA	D	0.37%	0.29%	0.29%
JPM	A	0.28%	0.62%	0.28%
KMI	A	0.41%	0.35%	0.35%
MAR	A	0.1%	0.38%	0.1%
MO	A	0.09%	0.34%	0.09%
NRG	B	0.43%	0.17%	0.17%
NTAP	D	0.16%	0.37%	0.16%
OC	A	0.46%	0.37%	0.37%
ORCL	A	0.37%	0.3%	0.3%
PCG	A	0.27%	0.18%	0.18%
SO	C	0.16%	0.36%	0.16%
SYY	D	0.17%	0.33%	0.17%
T	A	0.42%	0.48%	0.42%
UAL	A	0.65%	0.18%	0.18%
UBER	C	0.16%	0.16%	0.16%

FEX Overweight 347 Positions Relative to DBND

Symbol	Grade	Weight
APP	A	0.92%
PLTR	A	0.68%
AXON	A	0.64%
SYF	A	0.55%
RCL	A	0.55%
VRT	A	0.53%
SNA	A	0.52%
DAL	A	0.52%
EME	B	0.51%
FICO	A	0.51%
VST	A	0.51%
KKR	A	0.5%
STLD	B	0.49%
PCAR	B	0.49%
HWM	A	0.48%
CVNA	A	0.48%
RS	B	0.47%
UTHR	B	0.47%
BK	A	0.46%
PWR	A	0.46%
WAB	B	0.46%
CINF	A	0.46%
TT	A	0.45%
HPE	B	0.45%
URI	B	0.45%
AXP	A	0.45%
FOXA	A	0.45%
TROW	A	0.45%
EOG	A	0.45%
ALL	A	0.44%
TRGP	A	0.44%
SLB	C	0.44%
CTSH	B	0.44%
NUE	D	0.44%
CTRA	A	0.44%
CVX	A	0.44%
F	C	0.44%
COP	C	0.44%
TOL	B	0.43%
VLO	C	0.43%
PGR	B	0.43%
WFC	A	0.43%
XOM	B	0.43%
HAL	C	0.43%
FANG	D	0.43%
DVN	F	0.42%
THC	C	0.42%
HEI	A	0.42%
COF	A	0.42%
PSX	C	0.41%
BKR	A	0.41%
BURL	C	0.41%
DASH	B	0.41%
CPNG	C	0.41%
OXY	F	0.41%
RBLX	B	0.41%
IRM	D	0.41%
CF	A	0.41%
TPL	A	0.4%
FCNCA	A	0.4%
LNG	A	0.4%
FI	A	0.4%
MPC	D	0.4%
EQT	A	0.4%
ON	F	0.4%
MTB	A	0.4%
HBAN	A	0.4%
TMUS	A	0.39%
PHM	D	0.39%
GDDY	A	0.39%
EG	D	0.39%
IP	A	0.39%
BAH	D	0.38%
VTRS	A	0.38%
LYV	A	0.38%
CFG	A	0.38%
BG	D	0.38%
ETR	A	0.38%
LEN	D	0.38%
ADM	D	0.37%
DHI	D	0.37%
SRE	A	0.37%
MSI	A	0.37%
GEN	B	0.37%
LYB	F	0.37%
SWKS	F	0.37%
C	A	0.37%
PH	A	0.37%
CRBG	B	0.36%
INTC	C	0.36%
BRO	B	0.36%
CTAS	B	0.36%
ANET	C	0.35%
KR	B	0.35%
LII	B	0.35%
NI	A	0.35%
HOOD	A	0.35%
XEL	A	0.35%
COST	B	0.35%
L	A	0.35%
ATO	A	0.35%
ALLY	C	0.35%
AEE	A	0.35%
FDX	A	0.35%
CNC	F	0.34%
VTR	C	0.34%
ZBH	C	0.34%
ALNY	D	0.34%
META	C	0.34%
RMD	C	0.34%
CNP	A	0.34%
PM	A	0.34%
AIG	B	0.34%
DGX	A	0.34%
CB	C	0.33%
DUK	C	0.33%
ERIE	F	0.33%
ULTA	D	0.33%
GE	D	0.33%
TGT	D	0.33%
AFL	C	0.33%
TXT	D	0.33%
HIG	C	0.33%
ED	D	0.32%
BLDR	D	0.32%
EBAY	D	0.32%
MS	A	0.32%
IBM	D	0.32%
APTV	F	0.32%
CEG	D	0.31%
ZM	B	0.31%
AEP	C	0.31%
DTE	C	0.31%
FTNT	A	0.31%
TTD	B	0.3%
NTRS	A	0.3%
NVDA	B	0.3%
OKE	A	0.3%
NEE	C	0.3%
ACGL	C	0.3%
AMP	A	0.3%
VZ	C	0.3%
BKNG	A	0.3%
DG	F	0.3%
AKAM	F	0.3%
GRMN	B	0.3%
JBHT	B	0.29%
NOW	B	0.29%
GWW	A	0.29%
CSCO	B	0.28%
FITB	A	0.28%
LUV	A	0.28%
TRV	A	0.28%
TDY	B	0.28%
USB	B	0.28%
PKG	B	0.28%
RF	A	0.28%
NFLX	A	0.28%
CSX	B	0.27%
WELL	A	0.27%
HLT	A	0.27%
ISRG	A	0.27%
STT	A	0.27%
CASY	B	0.27%
SHW	B	0.26%
WEC	A	0.26%
FSLR	F	0.26%
AVGO	C	0.26%
TYL	B	0.26%
BSX	B	0.26%
ICE	D	0.25%
SPGI	C	0.25%
PEG	C	0.25%
EQR	C	0.25%
LNT	A	0.25%
TJX	A	0.25%
MANH	D	0.25%
D	C	0.25%
MCO	C	0.25%
SSNC	D	0.25%
PPL	A	0.25%
CAT	B	0.25%
BRK.A	A	0.25%
NVR	D	0.24%
CARR	D	0.24%
PPG	F	0.24%
JNJ	D	0.24%
HRL	D	0.24%
EIX	C	0.24%
TDG	D	0.24%
CE	F	0.24%
DE	D	0.24%
CMS	C	0.24%
EFX	F	0.23%
PSA	C	0.23%
KHC	F	0.23%
STX	D	0.23%
VLTO	D	0.23%
BBY	C	0.22%
GIS	D	0.22%
GPC	D	0.22%
RJF	A	0.22%
KDP	D	0.22%
BIIB	F	0.22%
APO	A	0.22%
HUM	F	0.22%
TSLA	B	0.22%
ELV	F	0.21%
DOW	F	0.21%
DELL	C	0.2%
CPAY	A	0.2%
CMI	A	0.19%
DECK	A	0.19%
LHX	B	0.19%
PYPL	A	0.19%
J	D	0.19%
ETN	A	0.19%
PNC	A	0.19%
KEY	A	0.19%
RGA	A	0.18%
DIS	A	0.18%
BR	A	0.18%
APD	A	0.18%
WRB	A	0.18%
IR	A	0.18%
IEX	B	0.18%
SPG	A	0.18%
KIM	A	0.18%
IT	B	0.18%
HUBB	B	0.18%
NDAQ	A	0.18%
WSO	A	0.18%
LH	B	0.18%
NWSA	B	0.18%
TSN	A	0.17%
CI	D	0.17%
CTVA	D	0.17%
LVS	C	0.17%
MAA	A	0.17%
MSTR	B	0.17%
OMC	C	0.17%
CSL	B	0.17%
PFG	C	0.17%
KEYS	C	0.17%
DRI	B	0.17%
PRU	A	0.17%
GD	D	0.17%
AJG	A	0.17%
HSY	F	0.16%
ARE	D	0.16%
DD	D	0.16%
LLY	F	0.16%
FE	C	0.16%
ROST	D	0.16%
MOH	F	0.16%
AAPL	C	0.16%
FTV	D	0.16%
UPS	C	0.16%
TSCO	D	0.16%
FNF	C	0.16%
HOLX	D	0.16%
DOC	D	0.16%
MDT	D	0.16%
ECL	D	0.16%
KO	D	0.15%
CL	D	0.15%
MDLZ	F	0.15%
O	D	0.15%
COIN	A	0.15%
CPB	D	0.15%
EXR	C	0.15%
AWK	C	0.15%
XYL	D	0.15%
WY	D	0.15%
AMT	D	0.14%
WLK	F	0.14%
NKE	D	0.14%
MPWR	F	0.12%
ADSK	B	0.1%
PANW	B	0.1%
ODFL	B	0.1%
EMR	A	0.1%
WMB	A	0.1%
ABT	B	0.09%
MSCI	A	0.09%
CMG	B	0.09%
EQIX	B	0.09%
SBUX	A	0.09%
ESS	A	0.09%
AVB	A	0.09%
MU	D	0.09%
SYK	A	0.09%
HPQ	B	0.09%
MKL	A	0.09%
RSG	B	0.09%
WAT	B	0.09%
ORLY	A	0.09%
DOV	A	0.09%
MA	A	0.09%
VRTX	C	0.09%
GOOGL	B	0.09%
NSC	B	0.09%
WST	C	0.09%
ARES	B	0.09%
AON	A	0.09%
PAYX	B	0.09%
AMZN	B	0.09%
JCI	A	0.09%
APH	B	0.09%
RPM	A	0.09%
FCX	F	0.08%
ZTS	D	0.08%
EXPD	D	0.08%
GEHC	D	0.08%
BLD	F	0.08%
SBAC	D	0.08%
IQV	F	0.08%
AVY	D	0.08%
MKC	D	0.08%
KMB	C	0.08%
VICI	C	0.08%
RVTY	D	0.08%
GLPI	D	0.08%
MAS	D	0.08%
PEP	F	0.08%
BDX	F	0.08%
LMT	D	0.08%
CBOE	D	0.08%
OTIS	D	0.08%
RIVN	F	0.08%
MCD	D	0.08%
MET	A	0.08%
NDSN	B	0.08%
POOL	D	0.08%
AMGN	D	0.08%
MMC	C	0.08%
AZO	C	0.08%
ROL	A	0.08%
HD	A	0.08%
NOC	D	0.08%
ACN	C	0.08%
CLX	A	0.08%
LOW	A	0.08%
WSM	F	0.07%
CAG	F	0.07%
KLAC	F	0.07%
TMO	D	0.07%

FEX Underweight 28 Positions Relative to DBND

Symbol	Grade	Weight
UPST	B	-1.79%
COMM	D	-0.77%
BNS	A	-0.68%
ABBV	F	-0.61%
DLTR	F	-0.59%
DFS	A	-0.49%
BMO	A	-0.38%
BA	F	-0.35%
ARCC	A	-0.35%
DKS	D	-0.34%
RPRX	F	-0.32%
WTW	B	-0.29%
AAL	B	-0.19%
COTY	F	-0.19%
PENN	B	-0.19%
PFGC	B	-0.19%
POST	D	-0.18%
PK	C	-0.18%
GFF	A	-0.18%
MODV	C	-0.18%
SPH	D	-0.18%
VSCO	A	-0.17%
CACC	D	-0.16%
BALY	A	-0.16%
SSP	F	-0.16%
OMI	F	-0.16%
OMF	A	-0.16%
GPOR	A	-0.16%