FEX vs. FDMO ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to Fidelity Momentum Factor ETF (FDMO)

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

FDMO

Fidelity Momentum Factor ETF

FDMO Description

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

Grade (RS Rating)

Last Trade

$71.42

Average Daily Volume

35,646

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	FEX	FDMO
30 Days	6.62%	6.00%
60 Days	8.07%	8.27%
90 Days	10.60%	10.44%
12 Months	33.47%	42.98%

83 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in FDMO	Overlap
AAPL	C	0.17%	6.8%	0.17%
AEP	D	0.32%	0.28%	0.28%
AMZN	C	0.09%	3.76%	0.09%
ANET	C	0.33%	0.82%	0.33%
APP	B	0.97%	1.27%	0.97%
AVGO	D	0.24%	2.03%	0.24%
AXP	A	0.45%	0.9%	0.45%
BAC	A	0.3%	1.21%	0.3%
BK	A	0.46%	0.7%	0.46%
BKNG	A	0.3%	0.66%	0.3%
BRK.A	B	0.26%	2.14%	0.26%
BSX	B	0.27%	0.95%	0.27%
CARR	D	0.23%	0.51%	0.23%
CAT	B	0.25%	0.73%	0.25%
CEG	D	0.3%	0.29%	0.29%
CL	D	0.15%	0.33%	0.15%
COIN	C	0.15%	1.09%	0.15%
COST	B	0.35%	0.92%	0.35%
CTAS	B	0.36%	0.54%	0.36%
CVNA	B	0.48%	0.38%	0.38%
CVX	A	0.46%	0.67%	0.46%
DUK	C	0.33%	0.35%	0.33%
EBAY	D	0.32%	0.42%	0.32%
ECL	D	0.16%	0.23%	0.16%
EME	C	0.49%	0.47%	0.47%
EQR	B	0.25%	0.19%	0.19%
ESS	B	0.09%	0.18%	0.09%
EXR	D	0.15%	0.2%	0.15%
FICO	B	0.5%	0.86%	0.5%
GDDY	A	0.4%	0.78%	0.4%
GE	D	0.32%	0.74%	0.32%
GM	B	0.53%	0.5%	0.5%
GOOGL	C	0.09%	3.54%	0.09%
GS	A	0.5%	0.99%	0.5%
HCA	F	0.35%	0.78%	0.35%
HD	A	0.09%	1.08%	0.09%
HIG	B	0.34%	0.67%	0.34%
HOOD	B	0.38%	0.83%	0.38%
HWM	A	0.48%	0.52%	0.48%
IRM	D	0.41%	0.19%	0.19%
ISRG	A	0.27%	1.06%	0.27%
JPM	A	0.3%	1.88%	0.3%
KKR	A	0.49%	0.8%	0.49%
KMB	D	0.08%	0.28%	0.08%
KMI	A	0.43%	0.28%	0.28%
KO	D	0.15%	0.61%	0.15%
LLY	F	0.14%	1.68%	0.14%
META	D	0.33%	2.39%	0.33%
MO	A	0.09%	0.37%	0.09%
MPWR	F	0.11%	0.56%	0.11%
MSI	B	0.37%	0.88%	0.37%
NEE	D	0.31%	0.47%	0.31%
NFLX	A	0.3%	0.88%	0.3%
NRG	B	0.43%	0.24%	0.24%
NVDA	C	0.29%	6.97%	0.29%
OKE	A	0.31%	0.3%	0.3%
PEG	A	0.25%	0.28%	0.25%
PGR	A	0.43%	0.87%	0.43%
PKG	A	0.28%	0.16%	0.16%
PLTR	B	0.7%	1.3%	0.7%
PM	B	0.37%	0.55%	0.37%
PSA	D	0.24%	0.24%	0.24%
RCL	A	0.55%	0.48%	0.48%
SHW	A	0.25%	0.29%	0.25%
SPG	B	0.18%	0.25%	0.18%
SYF	B	0.54%	0.72%	0.54%
T	A	0.44%	0.52%	0.44%
TDG	D	0.22%	0.5%	0.22%
THC	D	0.39%	0.72%	0.39%
TJX	A	0.26%	0.61%	0.26%
TMUS	B	0.39%	0.45%	0.39%
TPL	A	0.4%	0.24%	0.24%
TRGP	B	0.46%	0.27%	0.27%
TSLA	B	0.22%	2.03%	0.22%
TT	A	0.45%	0.59%	0.45%
TTD	B	0.27%	0.32%	0.27%
UBER	D	0.16%	0.67%	0.16%
URI	B	0.44%	0.5%	0.44%
VRT	B	0.52%	0.51%	0.51%
VST	B	0.52%	0.31%	0.31%
WELL	A	0.27%	0.28%	0.27%
WMB	A	0.11%	0.3%	0.11%
XOM	B	0.43%	1.12%	0.43%

FEX Overweight 290 Positions Relative to FDMO

Symbol	Grade	Weight
UAL	A	0.67%
AXON	A	0.64%
DAL	C	0.53%
EXPE	B	0.52%
SNA	A	0.52%
PCAR	B	0.48%
PWR	A	0.47%
OC	A	0.47%
EOG	A	0.47%
STLD	B	0.47%
CINF	A	0.47%
WAB	B	0.46%
COP	C	0.46%
TROW	B	0.46%
CTRA	B	0.46%
ALL	A	0.45%
FANG	D	0.45%
CCL	B	0.45%
F	C	0.45%
VLO	C	0.45%
FOXA	B	0.45%
RS	B	0.45%
CMCSA	B	0.44%
HEI	B	0.44%
BURL	A	0.44%
SLB	C	0.44%
HPE	B	0.44%
HAL	C	0.44%
WFC	A	0.44%
CF	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%
DASH	A	0.41%
HBAN	A	0.41%
LYV	A	0.41%
COF	B	0.41%
NUE	C	0.41%
BG	F	0.4%
IP	B	0.4%
FI	A	0.4%
EG	C	0.4%
BKR	B	0.4%
FCNCA	A	0.4%
LNG	B	0.4%
ON	D	0.39%
RBLX	C	0.39%
SRE	A	0.38%
CVS	D	0.38%
LEN	D	0.38%
PHM	D	0.38%
VTRS	A	0.38%
CFG	B	0.38%
ETR	B	0.38%
FDX	B	0.37%
LYB	F	0.37%
ORCL	B	0.37%
PH	A	0.37%
C	A	0.37%
ADM	D	0.37%
AEE	A	0.36%
CRBG	B	0.36%
DHI	D	0.36%
CNP	B	0.36%
INTC	D	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%
LII	A	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%
TGT	F	0.34%
KR	B	0.34%
MS	A	0.33%
EXC	C	0.33%
CNC	D	0.33%
RMD	C	0.33%
DTE	C	0.32%
VZ	C	0.32%
TXT	D	0.32%
IBM	C	0.32%
ERIE	D	0.32%
AMP	A	0.31%
NTRS	A	0.31%
ULTA	F	0.31%
DG	F	0.31%
APTV	D	0.31%
BLDR	D	0.31%
ED	D	0.31%
FTNT	C	0.3%
CHTR	C	0.3%
GRMN	B	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%
USB	A	0.28%
TRV	B	0.28%
FSLR	F	0.27%
PCG	A	0.27%
TDY	B	0.27%
JBHT	C	0.27%
CSCO	B	0.27%
CASY	A	0.27%
HLT	A	0.27%
CSX	B	0.26%
LNT	A	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%
SSNC	B	0.25%
MCO	B	0.25%
D	C	0.25%
HRL	D	0.24%
PPG	F	0.24%
JNJ	D	0.24%
GPC	D	0.23%
RJF	A	0.23%
CE	F	0.23%
NVR	D	0.23%
VLTO	D	0.23%
GIS	D	0.22%
HUM	C	0.22%
BBY	D	0.22%
APO	B	0.22%
KHC	F	0.22%
STX	D	0.22%
DOW	F	0.21%
BIIB	F	0.21%
KDP	D	0.21%
EFX	F	0.21%
ELV	F	0.2%
CPAY	A	0.2%
DIS	B	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%
IEX	B	0.18%
PRU	A	0.18%
RGA	A	0.18%
LH	C	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%
LVS	C	0.17%
SO	D	0.17%
CSL	C	0.17%
FNF	B	0.17%
UPS	C	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%
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%
NTAP	C	0.16%
HOLX	D	0.16%
CTVA	C	0.16%
SYY	B	0.16%
MDT	D	0.16%
MDLZ	F	0.15%
ARE	D	0.15%
HSY	F	0.15%
CPB	D	0.15%
O	D	0.15%
XYL	D	0.15%
DOC	D	0.15%
WLK	D	0.14%
NKE	D	0.14%
MOH	F	0.14%
AMT	D	0.14%
RPM	A	0.1%
PANW	C	0.1%
MAR	B	0.1%
EMR	A	0.1%
CBOE	B	0.09%
MET	A	0.09%
AVB	B	0.09%
MSCI	C	0.09%
CMG	B	0.09%
WST	C	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%
APH	A	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%
BLK	C	0.09%
RIVN	F	0.08%
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%
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%
VRTX	F	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%
WSM	B	0.07%
AMGN	D	0.07%
FCX	D	0.07%
GEHC	F	0.07%
CCI	D	0.07%

FEX Underweight 39 Positions Relative to FDMO

Symbol	Grade	Weight
MSFT	F	-6.21%
ABBV	D	-1.08%
DHR	F	-0.92%
PG	A	-0.92%
NTRA	B	-0.87%
WMT	A	-0.86%
QTWO	A	-0.78%
CVLT	B	-0.74%
GKOS	B	-0.74%
RVMD	C	-0.73%
RNA	D	-0.7%
EVR	B	-0.67%
RTX	C	-0.66%
FIS	C	-0.65%
JXN	C	-0.59%
LIN	D	-0.51%
FIX	A	-0.47%
MLI	C	-0.44%
ZETA	D	-0.43%
DY	D	-0.42%
TRU	D	-0.4%
SN	D	-0.39%
LDOS	C	-0.38%
LUMN	C	-0.32%
FRPT	B	-0.24%
DLR	B	-0.24%
SFM	A	-0.24%
CBRE	B	-0.21%
NEM	D	-0.2%
DTM	B	-0.2%
FTI	A	-0.19%
SW	A	-0.17%
JLL	D	-0.16%
CRS	A	-0.16%
IFF	D	-0.15%
SLG	B	-0.15%
VNO	B	-0.15%
LPX	B	-0.15%
ATI	D	-0.14%