FNK vs. CVAR ETF Comparison

Comparison of First Trust Mid Cap Value AlphaDEX Fund (FNK) to Cultivar ETF (CVAR)

FNK

First Trust Mid Cap Value AlphaDEX Fund

FNK 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 Defined Mid Cap Value 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 MidCap 400(R) Value 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

$56.36

Average Daily Volume

8,691

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

CVAR

Cultivar ETF

CVAR Description

ETF Opportunities Trust - Cultivar ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Cultivar Capital, Inc. and Toroso Investments, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. ETF Opportunities Trust - Cultivar ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.52

Average Daily Volume

992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNK	CVAR
30 Days	5.08%	2.77%
60 Days	9.34%	4.66%
90 Days	9.40%	8.12%
12 Months	33.29%	25.54%

11 Overlapping Holdings

Symbol	Grade	Weight in FNK	Weight in CVAR	Overlap
AAP	F	0.56%	0.3%	0.3%
FMC	D	0.73%	0.93%	0.73%
G	B	0.59%	0.87%	0.59%
IDA	A	0.31%	0.5%	0.31%
KRC	B	0.61%	0.71%	0.61%
OGS	C	0.43%	0.57%	0.43%
POR	D	0.58%	1.05%	0.58%
PRGO	D	0.15%	1.0%	0.15%
SJM	D	0.42%	0.93%	0.42%
WHR	B	0.44%	0.58%	0.44%
WU	F	0.41%	1.14%	0.41%

FNK Overweight 212 Positions Relative to CVAR

Symbol	Grade	Weight
AMG	C	0.83%
JXN	B	0.82%
HP	C	0.82%
AGO	B	0.79%
CNX	B	0.79%
MTDR	C	0.79%
OSK	B	0.78%
HCC	A	0.77%
NOG	B	0.77%
OVV	D	0.77%
ATKR	D	0.77%
SM	C	0.76%
AL	B	0.75%
CMC	B	0.75%
PTEN	D	0.74%
TEX	C	0.74%
PVH	C	0.74%
TMHC	A	0.74%
RNR	B	0.73%
APA	F	0.72%
NOV	D	0.72%
CHRD	F	0.72%
CIVI	D	0.72%
TAP	C	0.72%
LBRDK	B	0.71%
URBN	D	0.71%
UGI	D	0.71%
MTG	D	0.7%
BWA	D	0.7%
MUR	F	0.7%
PBF	F	0.69%
RDN	D	0.69%
TPH	D	0.68%
MTH	D	0.68%
NFE	F	0.67%
LEA	F	0.67%
ASO	F	0.66%
DINO	F	0.66%
RUSHA	B	0.66%
LBRT	F	0.66%
MHO	C	0.66%
LNC	B	0.65%
AMR	C	0.65%
MATX	B	0.65%
UNM	B	0.65%
DAR	C	0.64%
LAD	B	0.64%
HOG	F	0.63%
BEN	C	0.63%
CADE	B	0.63%
CLF	D	0.63%
SOLV	C	0.63%
ESNT	F	0.63%
OZK	B	0.62%
CNO	B	0.62%
MGY	A	0.62%
GBDC	B	0.61%
OTTR	D	0.61%
ADTN	B	0.61%
MOS	C	0.61%
AVT	B	0.61%
R	A	0.61%
CNXC	F	0.61%
HST	C	0.6%
HRI	B	0.6%
JAZZ	B	0.6%
DXC	C	0.59%
PNW	B	0.59%
RRC	C	0.59%
M	C	0.59%
NFG	C	0.59%
BCC	B	0.58%
COOP	A	0.58%
EVRG	B	0.58%
DDS	C	0.58%
GPI	B	0.57%
BKH	C	0.57%
SUM	B	0.56%
SR	D	0.56%
BBWI	D	0.55%
KBH	C	0.55%
ARW	F	0.55%
SIG	C	0.54%
UHS	D	0.54%
AMKR	F	0.52%
WCC	B	0.51%
ALK	B	0.5%
ZION	B	0.5%
FHN	B	0.5%
NXST	C	0.49%
COLB	B	0.49%
WBS	B	0.49%
OMF	A	0.48%
BYD	A	0.48%
JBL	C	0.48%
FNB	B	0.47%
BERY	C	0.47%
VLY	B	0.47%
SANM	B	0.47%
GMS	B	0.46%
GL	C	0.45%
AXS	A	0.45%
RIG	D	0.45%
SNX	B	0.44%
BC	C	0.44%
OGE	A	0.44%
INGR	B	0.44%
ASH	F	0.44%
SWX	B	0.44%
SON	F	0.43%
OGN	F	0.43%
POST	D	0.43%
THO	C	0.43%
ENS	F	0.43%
ABG	B	0.43%
LKQ	F	0.42%
PAG	C	0.42%
EMN	D	0.41%
AEO	F	0.4%
AN	D	0.4%
OLN	F	0.39%
PII	F	0.38%
HII	F	0.33%
BECN	B	0.33%
FIVE	F	0.33%
VNT	B	0.33%
SEIC	B	0.33%
MLI	B	0.33%
CMA	B	0.32%
WTFC	B	0.32%
BOKF	B	0.31%
UBSI	B	0.31%
PB	B	0.31%
AGCO	D	0.31%
CUZ	B	0.31%
HWC	B	0.31%
HGV	C	0.31%
ORI	B	0.3%
ASGN	B	0.3%
KNX	B	0.3%
TKR	F	0.3%
ACA	B	0.3%
CRC	B	0.3%
WTRG	B	0.3%
ABCB	B	0.3%
SLGN	B	0.3%
JWN	C	0.3%
ALKS	C	0.29%
SLM	B	0.29%
AIZ	A	0.29%
COLM	C	0.29%
PNM	B	0.29%
CRL	D	0.28%
UHAL	B	0.28%
IPG	F	0.28%
MMS	C	0.28%
LPX	B	0.28%
SKX	F	0.28%
MIDD	C	0.28%
MSM	C	0.28%
UFPI	C	0.28%
DIOD	D	0.28%
KFY	B	0.28%
REYN	F	0.27%
WPC	D	0.27%
AR	C	0.27%
TNET	F	0.26%
MDU	F	0.25%
FLR	C	0.17%
GXO	C	0.17%
UMBF	B	0.16%
SEM	B	0.16%
PFGC	B	0.16%
DNB	B	0.16%
BJ	B	0.16%
JEF	B	0.16%
MAT	C	0.16%
PNFP	B	0.16%
NJR	C	0.15%
WAL	B	0.15%
SKY	C	0.15%
HSIC	F	0.15%
RYN	D	0.15%
STWD	D	0.15%
UCB	B	0.15%
MUSA	C	0.15%
AUB	B	0.15%
TPR	A	0.15%
RHI	C	0.15%
SSB	B	0.15%
SEE	C	0.15%
VOYA	B	0.15%
IVZ	B	0.15%
BPOP	D	0.14%
IAC	C	0.14%
AVNT	B	0.14%
ALIT	D	0.14%
FUL	D	0.14%
FELE	C	0.14%
MGM	F	0.14%
WTS	C	0.14%
FBIN	D	0.14%
LSTR	C	0.14%
TTC	D	0.14%
CZR	D	0.14%
LFUS	C	0.14%
WD	B	0.14%
AFG	B	0.14%
EPAM	C	0.14%
FAF	D	0.14%
NSP	F	0.13%
OPCH	F	0.12%

FNK Underweight 65 Positions Relative to CVAR

Symbol	Grade	Weight
MKTX	C	-5.56%
NWN	B	-5.31%
LUV	B	-5.29%
CLB	C	-5.22%
NEM	D	-4.57%
HCSG	B	-2.75%
PRLB	B	-2.48%
PAYC	B	-2.12%
MKC	D	-1.72%
VEEV	B	-1.69%
GPN	C	-1.56%
MDT	C	-1.45%
ES	D	-1.36%
JNJ	D	-1.35%
INTC	C	-1.32%
HUM	F	-1.3%
QRVO	F	-1.26%
HRL	F	-1.26%
GOLD	D	-1.23%
TSN	D	-1.18%
DEI	B	-1.12%
ABT	B	-1.12%
ZTS	F	-1.08%
HAS	D	-1.08%
KMB	D	-1.07%
EW	F	-1.06%
NKE	F	-1.05%
CLX	B	-1.05%
BABA	D	-1.03%
FMS	C	-1.03%
C	B	-1.03%
WKC	D	-0.99%
DG	F	-0.99%
ARE	D	-0.95%
TFC	B	-0.95%
CVS	F	-0.94%
SWKS	F	-0.93%
SW	B	-0.92%
ANSS	B	-0.89%
CMCSA	B	-0.83%
CGNX	C	-0.79%
INDB	B	-0.77%
BP	F	-0.71%
BMY	C	-0.63%
MCHP	F	-0.63%
PYPL	A	-0.6%
MNRO	B	-0.58%
ESRT	C	-0.56%
LTC	B	-0.54%
ILMN	B	-0.54%
INGN	C	-0.53%
PARA	C	-0.53%
ZBH	C	-0.53%
ADSK	A	-0.52%
PFE	F	-0.51%
SQM	F	-0.5%
PDM	B	-0.49%
JBT	B	-0.49%
MMM	C	-0.49%
CTSH	B	-0.49%
CCI	D	-0.45%
SCS	C	-0.44%
RDUS	C	-0.4%
CMP	D	-0.33%
WBD	C	-0.17%