FEX vs. TXS ETF Comparison

Comparison of First Trust Large Cap Core AlphaDEX (FEX) to Texas Capital Texas Equity Index ETF (TXS)

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

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$34.84

Average Daily Volume

2,919

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	FEX	TXS
30 Days	6.62%	12.19%
60 Days	8.07%	11.01%
90 Days	10.60%	14.42%
12 Months	33.47%	43.77%

40 Overlapping Holdings

Symbol	Grade	Weight in FEX	Weight in TXS	Overlap
ANET	C	0.33%	0.07%	0.07%
ATO	A	0.36%	0.39%	0.36%
BKR	B	0.4%	0.61%	0.4%
BLDR	D	0.31%	0.13%	0.13%
CAT	B	0.25%	1.09%	0.25%
CCI	D	0.07%	2.93%	0.07%
CE	F	0.23%	0.05%	0.05%
CNP	B	0.36%	0.35%	0.35%
COP	C	0.46%	1.95%	0.46%
CRBG	B	0.36%	0.31%	0.31%
CTRA	B	0.46%	0.27%	0.27%
DELL	C	0.19%	0.21%	0.19%
DHI	D	0.36%	1.86%	0.36%
EOG	A	0.47%	1.14%	0.47%
FANG	D	0.45%	0.47%	0.45%
HAL	C	0.44%	0.39%	0.39%
HPE	B	0.44%	0.16%	0.16%
J	F	0.18%	0.96%	0.18%
KMB	D	0.08%	0.28%	0.08%
KMI	A	0.43%	1.89%	0.43%
LII	A	0.35%	0.13%	0.13%
LNG	B	0.4%	2.46%	0.4%
LUV	C	0.28%	0.69%	0.28%
NRG	B	0.43%	0.31%	0.31%
ORCL	B	0.37%	2.37%	0.37%
OXY	D	0.42%	0.51%	0.42%
PSX	C	0.42%	0.32%	0.32%
PWR	A	0.47%	1.84%	0.47%
SLB	C	0.44%	0.92%	0.44%
SYY	B	0.16%	1.88%	0.16%
T	A	0.44%	1.31%	0.44%
THC	D	0.39%	4.2%	0.39%
TPL	A	0.4%	1.96%	0.4%
TRGP	B	0.46%	1.43%	0.46%
TSLA	B	0.22%	5.5%	0.22%
TYL	B	0.26%	1.31%	0.26%
VLO	C	0.45%	0.26%	0.26%
VST	B	0.52%	0.84%	0.52%
WLK	D	0.14%	0.04%	0.04%
XOM	B	0.43%	3.28%	0.43%

FEX Overweight 333 Positions Relative to TXS

Symbol	Grade	Weight
APP	B	0.97%
PLTR	B	0.7%
UAL	A	0.67%
AXON	A	0.64%
RCL	A	0.55%
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%
GS	A	0.5%
EME	C	0.49%
KKR	A	0.49%
CVNA	B	0.48%
HWM	A	0.48%
PCAR	B	0.48%
OC	A	0.47%
STLD	B	0.47%
CINF	A	0.47%
WAB	B	0.46%
TROW	B	0.46%
CVX	A	0.46%
BK	A	0.46%
TT	A	0.45%
AXP	A	0.45%
ALL	A	0.45%
CCL	B	0.45%
F	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%
WFC	A	0.44%
PGR	A	0.43%
CF	B	0.43%
MPC	D	0.42%
TOL	B	0.42%
DVN	F	0.42%
CPNG	D	0.42%
CTSH	B	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%
IRM	D	0.41%
COF	B	0.41%
NUE	C	0.41%
GDDY	A	0.4%
BG	F	0.4%
IP	B	0.4%
FI	A	0.4%
EG	C	0.4%
FCNCA	A	0.4%
ON	D	0.39%
TMUS	B	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%
HOOD	B	0.38%
CFG	B	0.38%
ETR	B	0.38%
FDX	B	0.37%
LYB	F	0.37%
PM	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%
INTC	D	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%
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%
OKE	A	0.31%
ED	D	0.31%
JPM	A	0.3%
BAC	A	0.3%
CEG	D	0.3%
FTNT	C	0.3%
CHTR	C	0.3%
GRMN	B	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%
NVDA	C	0.29%
ACGL	D	0.29%
STT	A	0.28%
FITB	A	0.28%
PKG	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%
TTD	B	0.27%
WELL	A	0.27%
CSCO	B	0.27%
CASY	A	0.27%
BSX	B	0.27%
HLT	A	0.27%
ISRG	A	0.27%
CSX	B	0.26%
TJX	A	0.26%
LNT	A	0.26%
BRK.A	B	0.26%
PPL	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%
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%
AVGO	D	0.24%
GPC	D	0.23%
RJF	A	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%
APO	B	0.22%
TDG	D	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%
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%
SPG	B	0.18%
WSO	A	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%
AAPL	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%
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%
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%
LLY	F	0.14%
NKE	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%
EMR	A	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%
GOOGL	C	0.09%
APH	A	0.09%
ARES	A	0.09%
ODFL	B	0.09%
JCI	C	0.09%
SYK	C	0.09%
AMZN	C	0.09%
MKL	A	0.09%
ADSK	A	0.09%
AON	A	0.09%
MO	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%

FEX Underweight 157 Positions Relative to TXS

Symbol	Grade	Weight
CRWD	B	-4.06%
SCHW	B	-4.06%
DLR	B	-4.02%
MCK	B	-3.82%
WM	A	-3.35%
GME	C	-2.92%
CBRE	B	-2.56%
SCI	B	-1.85%
WING	D	-1.64%
GPI	A	-1.58%
RUSHA	C	-1.23%
INVH	D	-1.23%
TXN	C	-1.13%
ASO	F	-0.95%
EAT	A	-0.91%
CPT	B	-0.81%
ACM	A	-0.78%
PLAY	D	-0.71%
FIX	A	-0.63%
ADUS	D	-0.62%
FLR	B	-0.48%
KBR	F	-0.42%
CPRT	A	-0.41%
SBH	C	-0.4%
USPH	B	-0.39%
AAL	B	-0.33%
GL	B	-0.31%
CMA	A	-0.3%
CFR	B	-0.27%
HHH	B	-0.27%
KEX	C	-0.26%
PB	A	-0.24%
MRO	B	-0.23%
STRL	B	-0.22%
COOP	B	-0.2%
IESC	B	-0.2%
TPG	A	-0.19%
PRIM	A	-0.16%
PR	B	-0.14%
FFIN	B	-0.14%
AGL	F	-0.14%
NSP	D	-0.14%
XPEL	C	-0.14%
GRBK	D	-0.12%
CHRD	D	-0.12%
RRC	B	-0.12%
IBOC	A	-0.12%
APA	D	-0.12%
OMCL	C	-0.11%
NTRA	B	-0.11%
LUNR	B	-0.1%
MTDR	B	-0.1%
LGIH	D	-0.09%
WFRD	D	-0.09%
GSHD	A	-0.09%
KNTK	B	-0.09%
AAOI	B	-0.09%
VCTR	B	-0.09%
POWL	C	-0.08%
DNOW	B	-0.08%
USLM	A	-0.08%
NTST	D	-0.08%
STC	B	-0.07%
RICK	C	-0.07%
EE	A	-0.07%
MUR	D	-0.07%
TFIN	A	-0.07%
NXRT	B	-0.07%
FYBR	D	-0.07%
MGY	A	-0.07%
ACA	A	-0.07%
CSV	B	-0.07%
IBTX	B	-0.07%
DAR	C	-0.06%
BMBL	C	-0.06%
OIS	C	-0.06%
SABR	C	-0.06%
CSWI	A	-0.06%
PX	A	-0.06%
FFWM	C	-0.06%
MRC	B	-0.06%
SKWD	A	-0.06%
FLS	B	-0.06%
WTTR	B	-0.06%
GLDD	B	-0.06%
TH	C	-0.06%
CRGY	B	-0.06%
PRO	C	-0.06%
TTI	C	-0.06%
CRK	B	-0.06%
QTWO	A	-0.06%
EXP	A	-0.06%
SAVA	D	-0.06%
XPRO	F	-0.06%
MTCH	D	-0.06%
UEC	B	-0.06%
DXPE	B	-0.06%
YETI	C	-0.05%
INN	D	-0.05%
HTH	B	-0.05%
PTEN	C	-0.05%
DINO	D	-0.05%
CECO	A	-0.05%
TALO	C	-0.05%
ATI	D	-0.05%
GDOT	D	-0.05%
NXST	C	-0.05%
BIGC	C	-0.05%
THR	B	-0.05%
HLX	B	-0.05%
GRNT	B	-0.05%
PUMP	B	-0.05%
SWI	B	-0.05%
ITGR	B	-0.05%
HESM	B	-0.05%
CHX	C	-0.05%
VTOL	B	-0.05%
EZPW	A	-0.05%
AZZ	B	-0.05%
WSR	A	-0.05%
SBSI	B	-0.05%
CNK	B	-0.05%
TASK	C	-0.05%
UPBD	B	-0.05%
ALG	B	-0.05%
NX	C	-0.05%
WHD	B	-0.05%
OII	B	-0.05%
CMC	B	-0.05%
ALKT	B	-0.05%
VBTX	B	-0.05%
AROC	B	-0.05%
TRN	C	-0.05%
APLD	A	-0.05%
THRY	F	-0.04%
BRY	F	-0.04%
DIOD	D	-0.04%
CVI	F	-0.04%
TSHA	C	-0.04%
TDW	F	-0.04%
CSTL	D	-0.04%
VITL	D	-0.04%
HUN	F	-0.04%
SLAB	D	-0.04%
PARR	D	-0.04%
FOR	F	-0.04%
EGY	D	-0.04%
NR	B	-0.04%
NOV	C	-0.04%
AESI	B	-0.04%
LXRX	F	-0.03%
ETWO	F	-0.03%
SVRA	D	-0.03%
CRUS	D	-0.03%
AMN	F	-0.03%
APPS	F	-0.02%
NOVA	F	-0.01%